Erie Financial Statements From 2010 to 2026

ERIE Stock  USD 269.82  12.81  4.98%   
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
717.2 M
Profit Margin
0.1375
Market Capitalization
14.1 B
Enterprise Value Revenue
3.9634
Revenue
4.1 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 14 B. The current year's Enterprise Value is expected to grow to about 13.7 B

Erie Indemnity Total Revenue

2.53 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 80.6 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 3.31, Dividend Yield of 0.0166 or PTB Ratio of 4.48. 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 B3.4 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 Net600 M571.5 M236 M
Slightly volatile
Retained Earnings1.8 B3.5 B2.2 B
Slightly volatile
Non Current Assets Total1.6 B2.2 B1.5 B
Very volatile
Net Receivables825.5 M735.6 M617.3 M
Very volatile
Common Stock Shares Outstanding54.7 M52.7 M65.3 M
Slightly volatile
Liabilities And Stockholders Equity4.6 B3.4 B5.5 B
Slightly volatile
Non Current Liabilities Total120.2 M126.5 M1.8 B
Slightly volatile
Total LiabilitiesB1.1 B2.7 B
Slightly volatile
Total Current Assets1.1 B1.2 B946.5 M
Very volatile
Cash186 M345.9 M249.2 M
Pretty Stable
Cash And Short Term Investments360.8 M379.8 MB
Slightly volatile
Common Stock1.7 MM2.1 M
Pretty Stable
Total Current Liabilities1.4 B945.6 MB
Slightly volatile
Common Stock Total Equity1.7 MM2.1 M
Pretty Stable
Short Term Investments32.2 M33.9 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 Amortization80.6 M76.8 M31 M
Slightly volatile
Total Revenue2.5 B4.1 B3.2 B
Pretty Stable
Gross Profit1.1 B640.8 M1.9 B
Slightly volatile
Other Operating Expenses2.1 B3.3 B2.7 B
Pretty Stable
Income Before Tax371 M710.6 M448 M
Pretty Stable
Net Income587.3 M559.3 M293.5 M
Slightly volatile
Income Tax Expense103.8 M151.3 M116.6 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 Flow152.5 M298.4 M202.2 M
Very volatile
Depreciation77.2 M73.5 M32.8 M
Slightly volatile
Capital Expenditures121.5 M115.7 M62.3 M
Slightly volatile
Total Cash From Operating Activities721 M686.7 M401.5 M
Slightly volatile
Net Income280.5 M559.3 M333.5 M
Pretty Stable
Cash Flows Other Operating576.5 M724.1 M563.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.313.28223.3503
Slightly volatile
Dividend Yield0.01660.0190.0218
Slightly volatile
PTB Ratio4.485.84637.7283
Pretty Stable
Days Sales Outstanding62.7166.012567.0789
Pretty Stable
Book Value Per Share32.1249.030750.9565
Slightly volatile
Free Cash Flow Yield0.06950.04280.0538
Slightly volatile
Operating Cash Flow Per Share15.4814.74458.1232
Slightly volatile
Average Payables8.6 M16.8 M17.1 M
Very volatile
Capex To Depreciation1.21.761.9038
Very volatile
PB Ratio4.485.84637.7283
Pretty Stable
EV To Sales3.253.19713.2883
Slightly volatile
Free Cash Flow Per Share12.8712.26036.8391
Slightly volatile
Net Income Per Share12.6112.01055.9435
Slightly volatile
Payables Turnover28.2719.3818.9939
Pretty Stable
Sales General And Administrative To Revenue0.01990.02090.2087
Slightly volatile
Capex To Revenue0.02990.02840.0206
Slightly volatile
Cash Per Share13.158.154919.7234
Slightly volatile
POCF Ratio15.5319.441123.9393
Slightly volatile
Interest Coverage2052151.3 K
Slightly volatile
Payout Ratio0.410.45460.6268
Pretty Stable
Capex To Operating Cash Flow0.180.16850.1509
Slightly volatile
PFCF Ratio17.6823.380428.9366
Slightly volatile
Days Payables Outstanding14.8819.4923.3249
Pretty Stable
Income Quality1.41.22761.3329
Slightly volatile
ROE0.180.2450.2455
Very volatile
EV To Operating Cash Flow15.1618.937423.3489
Slightly volatile
PE Ratio19.8823.866530.8645
Pretty Stable
Return On Tangible Assets0.180.16670.1389
Slightly volatile
EV To Free Cash Flow17.2722.774628.2515
Slightly volatile
Earnings Yield0.04980.04190.0347
Pretty Stable
Current Ratio1.21.26821.6895
Slightly volatile
Tangible Book Value Per Share30.9849.030748.1113
Slightly volatile
Receivables Turnover5.255.529315.81
Slightly volatile
Graham Number12111556.2777
Slightly volatile
Shareholders Equity Per Share51.4849.030723.7572
Slightly volatile
Debt To Equity0.00320.00340.0434
Very volatile
Capex Per Share2.612.48421.2841
Slightly volatile
Average Receivables363.6 M547.2 M572 M
Very volatile
Revenue Per Share91.787.335865.1661
Pretty Stable
Interest Debt Per Share0.140.150.932
Pretty Stable
Debt To Assets0.00220.00230.0242
Very volatile
Enterprise Value Over EBITDA11.0816.514817.5899
Slightly volatile
Short Term Coverage Ratios16993.56136
Slightly volatile
Price Earnings Ratio19.8823.866530.8645
Pretty Stable
Price Book Value Ratio4.485.84637.7283
Pretty Stable
Days Of Payables Outstanding14.8819.4923.3249
Pretty Stable
Dividend Payout Ratio0.410.45460.6268
Pretty Stable
Price To Operating Cash Flows Ratio15.5319.441123.9393
Slightly volatile
Price To Free Cash Flows Ratio17.6823.380428.9366
Slightly volatile
Pretax Profit Margin0.20.17470.1508
Slightly volatile
Ebt Per Ebit0.770.99080.8049
Slightly volatile
Operating Profit Margin0.210.17630.1616
Very volatile
Effective Tax Rate0.320.21290.2708
Slightly volatile
Company Equity Multiplier1.41.46956.7277
Slightly volatile
Long Term Debt To Capitalization0.04890.05760.0513
Slightly volatile
Total Debt To Capitalization0.00320.00340.0405
Very volatile
Return On Capital Employed0.310.29760.2009
Slightly volatile
Debt Equity Ratio0.00320.00340.0434
Very volatile
Ebit Per Revenue0.210.17630.1616
Very volatile
Quick Ratio1.21.26821.6937
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.51.8562.4229
Slightly volatile
Net Income Per E B T0.50.78710.671
Slightly volatile
Cash Ratio0.350.36580.4215
Pretty Stable
Operating Cash Flow Sales Ratio0.180.16880.1368
Pretty Stable
Days Of Sales Outstanding62.7166.012567.0789
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.00.83150.8596
Slightly volatile
Cash Flow Coverage Ratios76.8873.2225.9626
Slightly volatile
Price To Book Ratio4.485.84637.7283
Pretty Stable
Fixed Asset Turnover6.767.117118.2334
Slightly volatile
Capital Expenditure Coverage Ratio5.645.935212.3963
Slightly volatile
Price Cash Flow Ratio15.5319.441123.9393
Slightly volatile
Enterprise Value Multiple11.0816.514817.5899
Slightly volatile
Debt Ratio0.00220.00230.0242
Very volatile
Cash Flow To Debt Ratio76.8873.2225.9626
Slightly volatile
Price Sales Ratio3.313.28223.3503
Slightly volatile
Return On Assets0.180.16670.1148
Slightly volatile
Asset Turnover1.271.21210.9656
Slightly volatile
Net Profit Margin0.140.13750.104
Slightly volatile
Gross Profit Margin0.190.15760.1633
Very volatile
Price Fair Value4.485.84637.7283
Pretty Stable
Return On Equity0.180.2450.2455
Very volatile

Erie Indemnity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap14 B13.3 BB
Slightly volatile
Enterprise Value13.7 B13 B8.8 B
Slightly volatile

Erie Fundamental Market Drivers

Cash And Short Term Investments379.8 M
Forward Annual Dividend Rate5.56

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 Revenue4.1 B2.5 B
Cost Of Revenue3.4 BB
Stock Based Compensation To Revenue(0.03)(0.03)
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.03  0.03 
Revenue Per Share 87.34  91.70 
Ebit Per Revenue 0.18  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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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
(0.58)
Dividend Share
5.558
Earnings Share
13
Revenue Per Share
77.783
Quarterly Revenue Growth
0.029
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.