Erie Financial Statements From 2010 to 2026

ERIE Stock  USD 280.75  1.18  0.42%   
Erie Indemnity's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Erie Indemnity's valuation are provided below:
Gross Profit
726.8 M
Profit Margin
0.1604
Market Capitalization
14.7 B
Enterprise Value Revenue
3.4482
Revenue
B
There are over one hundred nineteen available fundamental signals for Erie Indemnity, which can be analyzed over time and compared to other ratios. Investors should ensure to verify all of Erie Indemnity's prevailing performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 18 B. The current year's Enterprise Value is expected to grow to about 17.7 B

Erie Indemnity Total Revenue

2.47 Billion

Check Erie Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 68.3 M, Interest Expense of 0.0 or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 3.3, Dividend Yield of 0.0167 or PTB Ratio of 4.47. Erie financial statements analysis is a perfect complement when working with Erie Indemnity Valuation or Volatility modules.
  
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Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

Erie Indemnity Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.9 B3.3 B5.5 B
Slightly volatile
Short and Long Term Debt Total6.4 M6.8 M140.1 M
Slightly volatile
Total Stockholder Equity2.4 B2.3 B1.2 B
Slightly volatile
Property Plant And Equipment Net620 M590.5 M238.3 M
Slightly volatile
Retained Earnings3.8 B3.6 B2.3 B
Slightly volatile
Non Current Assets Total1.6 BB1.5 B
Very volatile
Net Receivables826 M825.8 M622.7 M
Very volatile
Common Stock Shares Outstanding55.1 M47.4 M65 M
Slightly volatile
Liabilities And Stockholders Equity4.6 B3.3 B5.5 B
Slightly volatile
Non Current Liabilities Total108 M113.7 M1.8 B
Slightly volatile
Total Liabilities984.7 MB2.7 B
Slightly volatile
Total Current Assets1.1 BB936.8 M
Very volatile
Cash179.5 M316.1 M247.1 M
Pretty Stable
Cash And Short Term Investments273.1 M287.5 MB
Slightly volatile
Common Stock1.7 MM2.1 M
Pretty Stable
Total Current Liabilities1.4 B922.9 MB
Slightly volatile
Common Stock Total Equity1.7 MM2.1 M
Pretty Stable
Short Term Investments48.7 M51.3 M1.9 B
Slightly volatile
Property Plant And Equipment Gross320.4 M305.1 M162.5 M
Slightly volatile
Other Liabilities107.7 M113.3 M309.4 M
Slightly volatile
Net Tangible Assets1.5 B1.3 B1.7 B
Slightly volatile
Current Deferred Revenue39.6 M49.2 M36.1 M
Slightly volatile
Long Term Investments959.5 MB4.5 B
Slightly volatile
Non Current Liabilities Other83.9 M88.3 M2.4 B
Slightly volatile
Capital Surpluse18.1 M19 M16.6 M
Slightly volatile
Short Term Debt8.2 M8.6 M146.4 M
Pretty Stable
Long Term Debt Total87.8 M105.5 M64.5 M
Slightly volatile
Net Invested Capital1.5 B2.3 B1.3 B
Slightly volatile
Capital Stock1.7 MM2.1 M
Slightly volatile

Erie Indemnity Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization68.3 M65 M29.6 M
Slightly volatile
Total Revenue2.5 B4.4 B3.2 B
Pretty Stable
Gross Profit1.1 B777.9 M1.9 B
Slightly volatile
Other Operating Expenses2.1 B3.6 B2.7 B
Pretty Stable
Income Before Tax914.4 M870.9 M489.4 M
Slightly volatile
Net Income724.9 M690.4 M309.3 M
Slightly volatile
Income Tax Expense101.9 M180.5 M118.2 M
Very volatile
Net Income Applicable To Common Shares219.9 M343.4 M238.2 M
Slightly volatile
Net Income From Continuing Ops333.1 M540.3 M418.8 M
Pretty Stable
Minority Interest516.1 M465.8 M434 M
Very volatile
Non Operating Income Net Other1.4 M1.5 M42.4 M
Slightly volatile
Tax Provision107.2 M180.5 M101.2 M
Slightly volatile
Interest Income34.1 M45.2 M35.7 M
Slightly volatile
Selling And Marketing Expenses561.5 M810.3 M449.1 M
Slightly volatile
Reconciled Depreciation55.6 M73.5 M42.6 M
Slightly volatile

Erie Indemnity Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow147 M165.7 M194 M
Pretty Stable
Depreciation77.2 M73.5 M32.8 M
Slightly volatile
Dividends Paid286.8 M273.1 M174.6 M
Slightly volatile
Capital Expenditures150.8 M143.6 M65.6 M
Slightly volatile
Total Cash From Operating Activities738.1 M702.9 M403.5 M
Slightly volatile
Net Income724.9 M690.4 M367.3 M
Slightly volatile
Cash Flows Other Operating576.5 M724.1 M563.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.35.773.4961
Slightly volatile
Dividend Yield0.01670.01120.0214
Slightly volatile
PTB Ratio4.478.627.8908
Pretty Stable
Days Sales Outstanding75.4679.4368.6182
Slightly volatile
Book Value Per Share31.938.7250.337
Slightly volatile
Free Cash Flow Yield0.02790.02940.0506
Slightly volatile
Operating Cash Flow Per Share12.5111.917.7818
Slightly volatile
Average Payables8.6 M16.8 M17.1 M
Very volatile
Capex To Depreciation1.21.761.9038
Very volatile
PB Ratio4.478.627.8908
Pretty Stable
EV To Sales3.235.693.4338
Slightly volatile
Free Cash Flow Per Share9.959.486.5038
Pretty Stable
Net Income Per Share12.2811.75.9058
Slightly volatile
Payables Turnover28.2719.3818.9939
Pretty Stable
Sales General And Administrative To Revenue0.180.190.1921
Slightly volatile
Capex To Revenue0.03110.02960.0208
Slightly volatile
Cash Per Share5.916.2219.1837
Slightly volatile
POCF Ratio15.5328.0424.4452
Slightly volatile
Interest Coverage2052151.3 K
Slightly volatile
Payout Ratio0.410.360.6212
Slightly volatile
Capex To Operating Cash Flow0.190.180.1522
Slightly volatile
PFCF Ratio17.6535.2329.6319
Slightly volatile
Days Payables Outstanding14.8819.4923.3249
Pretty Stable
Income Quality1.41.171.3295
Slightly volatile
ROE0.180.270.2469
Very volatile
EV To Operating Cash Flow15.1627.6423.8609
Slightly volatile
PE Ratio19.928.5531.1411
Pretty Stable
Return On Tangible Assets0.20.190.1415
Slightly volatile
EV To Free Cash Flow36.4734.7430.0848
Slightly volatile
Earnings Yield0.04990.03630.0344
Very volatile
Current Ratio1.561.641.7325
Pretty Stable
Tangible Book Value Per Share30.7238.7247.4895
Slightly volatile
Receivables Turnover5.776.0815.873
Slightly volatile
Graham Number10610154.5708
Slightly volatile
Shareholders Equity Per Share40.6638.7222.5143
Slightly volatile
Debt To Equity0.00320.00340.0434
Very volatile
Capex Per Share2.552.431.2774
Slightly volatile
Average Receivables363.6 M547.2 M572 M
Very volatile
Revenue Per Share77.6573.9563.5522
Very volatile
Interest Debt Per Share0.140.150.932
Pretty Stable
Debt To Assets0.00220.00230.0242
Very volatile
Enterprise Value Over EBITDA23.1522.0518.6255
Slightly volatile
Short Term Coverage Ratios16993.56136
Slightly volatile
Price Earnings Ratio19.928.5531.1411
Pretty Stable
Price Book Value Ratio4.478.627.8908
Pretty Stable
Days Of Payables Outstanding14.8819.4923.3249
Pretty Stable
Dividend Payout Ratio0.410.360.6212
Slightly volatile
Price To Operating Cash Flows Ratio15.5328.0424.4452
Slightly volatile
Price To Free Cash Flows Ratio17.6535.2329.6319
Slightly volatile
Pretax Profit Margin0.210.230.1546
Slightly volatile
Ebt Per Ebit0.761.010.8054
Slightly volatile
Operating Profit Margin0.210.20.163
Very volatile
Effective Tax Rate0.320.240.2724
Slightly volatile
Company Equity Multiplier1.241.316.7089
Slightly volatile
Long Term Debt To Capitalization0.04890.05760.0513
Slightly volatile
Total Debt To Capitalization0.00320.00340.0405
Very volatile
Return On Capital Employed0.310.290.2005
Slightly volatile
Debt Equity Ratio0.00320.00340.0434
Very volatile
Ebit Per Revenue0.210.20.163
Very volatile
Quick Ratio1.561.641.7367
Pretty Stable
Dividend Paid And Capex Coverage Ratio3.541.942.4302
Slightly volatile
Net Income Per E B T0.50.710.6664
Slightly volatile
Cash Ratio0.290.310.4146
Pretty Stable
Operating Cash Flow Sales Ratio0.180.190.138
Pretty Stable
Days Of Sales Outstanding75.4679.4368.6182
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.010.920.8654
Slightly volatile
Cash Flow Coverage Ratios76.8873.2225.9626
Slightly volatile
Price To Book Ratio4.478.627.8908
Pretty Stable
Fixed Asset Turnover8.078.518.3918
Slightly volatile
Capital Expenditure Coverage Ratio5.355.6312.3613
Slightly volatile
Price Cash Flow Ratio15.5328.0424.4452
Slightly volatile
Enterprise Value Multiple23.1522.0518.6255
Slightly volatile
Debt Ratio0.00220.00230.0242
Very volatile
Cash Flow To Debt Ratio76.8873.2225.9626
Slightly volatile
Price Sales Ratio3.35.773.4961
Slightly volatile
Return On Assets0.20.190.1174
Slightly volatile
Asset Turnover1.241.180.9619
Slightly volatile
Net Profit Margin0.140.180.1065
Slightly volatile
Gross Profit Margin0.190.20.1658
Very volatile
Price Fair Value4.478.627.8908
Pretty Stable
Return On Equity0.180.270.2469
Very volatile

Erie Indemnity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap18 B17.1 B9.4 B
Slightly volatile
Enterprise Value17.7 B16.9 B9.2 B
Slightly volatile

Erie Fundamental Market Drivers

Erie Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Erie Indemnity Financial Statements

Erie Indemnity stakeholders use historical fundamental indicators, such as Erie Indemnity's revenue or net income, to determine how well the company is positioned to perform in the future. Although Erie Indemnity investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erie Indemnity's assets and liabilities are reflected in the revenues and expenses on Erie Indemnity's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Erie Indemnity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue49.2 M39.6 M
Total Revenue4.4 B2.5 B
Cost Of Revenue3.6 B1.9 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.19  0.18 
Capex To Revenue 0.03  0.03 
Revenue Per Share 73.95  77.65 
Ebit Per Revenue 0.20  0.21 

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When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Will Property & Casualty Insurance sector continue expanding? Could Erie diversify its offerings? Factors like these will boost the valuation of Erie Indemnity. Projected growth potential of Erie fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Erie Indemnity data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.144
Dividend Share
5.46
Earnings Share
12.38
Revenue Per Share
77.268
Quarterly Revenue Growth
0.067
Erie Indemnity's market price often diverges from its book value, the accounting figure shown on Erie's balance sheet. Smart investors calculate Erie Indemnity's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Erie Indemnity's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Erie Indemnity's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Erie Indemnity should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.