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Erie Indemnity (ERIE) Financials

Erie Indemnity logo
$361.08 +0.10 (+0.03%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$360.78 -0.31 (-0.08%)
As of 07:35 AM Eastern
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Annual Income Statements for Erie Indemnity

Annual Income Statements for Erie Indemnity

This table shows Erie Indemnity's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
175 210 197 288 317 293 298 299 446 600
Consolidated Net Income / (Loss)
175 210 197 288 317 293 298 299 446 600
Net Income / (Loss) Continuing Operations
175 210 197 288 317 293 298 299 446 600
Total Pre-Tax Income
266 320 316 371 397 369 376 376 562 757
Total Operating Income
233 294 290 344 357 338 318 376 520 676
Total Gross Profit
1,279 1,597 1,692 2,382 2,477 2,536 2,634 2,841 3,269 3,795
Total Revenue
1,506 1,597 1,692 2,382 2,477 2,536 2,634 2,841 3,269 3,795
Operating Revenue
1,506 1,597 1,692 2,382 2,477 2,536 2,634 2,841 3,269 3,795
Total Cost of Revenue
227 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses
1,046 1,303 1,402 2,038 2,120 2,198 2,316 2,464 2,749 3,119
Other Operating Expenses / (Income)
848 1,303 1,402 2,038 2,120 2,198 2,316 - 2,749 3,119
Total Other Income / (Expense), net
34 27 25 27 40 30 58 0.24 42 81
Interest & Investment Income
15 28 29 26 40 33 67 0.63 29 69
Other Income / (Expense), net
18 -1.16 -1.91 3.64 0.26 -1.78 -4.89 1.62 13 12
Income Tax Expense
92 110 119 83 80 75 79 78 116 157
Basic Earnings per Share
$566.75 $4.52 $4.23 $6.19 $6.80 $6.30 $6.40 $968.41 $9.58 $12.89
Weighted Average Basic Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M
Diluted Earnings per Share
$565.33 $4.01 $3.76 $5.51 $6.06 $5.61 $5.69 $967.71 $8.53 $11.48
Weighted Average Diluted Shares Outstanding
52.50M 52.44M 52.34M 52.32M 52.32M 52.31M 52.31M 52.30M 52.30M 52.31M
Weighted Average Basic & Diluted Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M

Quarterly Income Statements for Erie Indemnity

This table shows Erie Indemnity's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders
84 65 86 118 131 111 125 164 160 152 138
Consolidated Net Income / (Loss)
84 65 86 118 131 111 125 164 160 152 138
Net Income / (Loss) Continuing Operations
84 65 86 118 131 111 125 164 160 152 138
Total Pre-Tax Income
106 82 109 149 164 140 157 207 201 192 175
Total Operating Income
106 81 111 134 148 127 139 190 180 167 151
Total Gross Profit
741 702 752 840 859 818 881 990 1,000 924 989
Total Revenue
741 702 752 840 859 818 881 990 1,000 924 989
Operating Revenue
741 702 752 840 859 818 881 990 1,000 924 989
Total Cost of Revenue
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Operating Expenses
635 619 642 706 710 691 742 800 820 757 838
Other Operating Expenses / (Income)
- - 642 706 710 691 742 800 820 757 838
Total Other Income / (Expense), net
-0.12 0.53 -1.40 15 15 13 18 17 21 24 23
Interest & Investment Income
-0.57 0.29 -4.73 12 12 9.77 15 14 20 21 20
Other Income / (Expense), net
0.56 0.24 3.34 3.31 3.00 3.07 3.41 3.29 1.17 3.69 3.83
Income Tax Expense
22 16 23 31 33 29 33 43 41 40 36
Weighted Average Basic Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 0.00
Weighted Average Diluted Shares Outstanding
52.30M 52.30M 52.30M 52.30M 52.30M 52.30M 52.30M 52.31M 52.31M 52.31M 0.00
Weighted Average Basic & Diluted Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 0.00

Annual Cash Flow Statements for Erie Indemnity

This table details how cash moves in and out of Erie Indemnity's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
91 6.18 27 51 70 -175 111 -42 1.97 154
Net Cash From Operating Activities
217 254 197 264 365 343 403 366 381 611
Net Cash From Continuing Operating Activities
165 201 197 264 365 426 491 366 381 611
Net Income / (Loss) Continuing Operations
-26 -27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-Cash Adjustments To Reconcile Net Income
184 227 202 266 365 426 491 368 381 611
Changes in Operating Assets and Liabilities, net
7.78 0.25 -4.72 -2.38 -0.85 - - -2.13 0.00 0.00
Net Cash From Investing Activities
0.62 -137 -75 -81 -125 -243 -185 -107 -158 -227
Net Cash From Continuing Investing Activities
0.62 -137 -75 -81 -125 -243 -185 -107 -158 -227
Purchase of Property, Plant & Equipment
-13 -25 -29 -56 -102 -56 -149 -67 -93 -125
Purchase of Investments
-229 -370 -392 -397 -1,025 -477 -440 -484 -316 -514
Sale of Property, Plant & Equipment
- 0.00 0.00 6.01 0.78 0.02 0.00 0.27 0.00 0.00
Sale and/or Maturity of Investments
242 257 350 377 1,011 292 400 447 263 438
Other Investing Activities, net
- 1.59 -4.21 -11 -9.69 -2.63 3.00 -3.11 -12 -26
Net Cash From Financing Activities
-127 -111 -96 -131 -170 -275 -195 -301 -222 -230
Net Cash From Continuing Financing Activities
-127 -111 -96 -131 -170 -275 -195 -301 -222 -230
Repayment of Debt
- - - - -1.92 -1.97 -2.04 -149 0.00 0.00
Payment of Dividends
-127 -136 -146 -156 -168 -273 -193 -207 -222 -238
Issuance of Debt
0.00 25 50 25 - 0.00 0.00 55 0.00 0.00
Other Financing Activities, net
- - - - - - - 0.00 0.00 7.51

Quarterly Cash Flow Statements for Erie Indemnity

This table details how cash moves in and out of Erie Indemnity's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents
69 -18 -20 21 -40 41 0.82 26 51 77 -38
Net Cash From Operating Activities
132 128 48 132 53 148 87 131 199 193 118
Net Cash From Continuing Operating Activities
194 66 48 132 53 148 87 131 199 193 118
Net Income / (Loss) Continuing Operations
- - 0.00 - - - 0.00 - - - 0.00
Non-Cash Adjustments To Reconcile Net Income
192 68 48 132 53 148 87 131 199 193 118
Net Cash From Investing Activities
-33 -32 -12 -56 -37 -52 -27 -53 -91 -57 -98
Net Cash From Continuing Investing Activities
-33 -32 -12 -56 -37 -52 -27 -53 -91 -57 -98
Purchase of Property, Plant & Equipment
-23 -16 -19 -26 -27 -21 -22 -28 -28 -47 -30
Purchase of Investments
-170 -96 -57 -85 -90 -83 -85 -171 -150 -107 -138
Sale and/or Maturity of Investments
158 80 63 56 79 65 80 146 113 99 81
Other Investing Activities, net
1.41 -0.05 1.42 -0.85 0.71 -13 0.34 0.90 -26 -1.65 -10
Net Cash From Financing Activities
-92 -52 -55 -55 -55 -55 -59 -53 -58 -60 -58
Net Cash From Continuing Financing Activities
-92 -52 -55 -55 -55 -55 -59 -53 -58 -60 -58
Payment of Dividends
-52 -52 -55 -55 -55 -55 -59 -59 -59 -59 -64
Other Financing Activities, net
- - - - - - - - 1.56 -0.39 5.19

Annual Balance Sheets for Erie Indemnity

This table presents Erie Indemnity's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
1,407 1,549 1,666 1,778 2,016 2,117 2,242 2,239 2,472 2,889
Total Current Assets
635 666 802 1,169 891 732 764 779 930 1,145
Restricted Cash
- - - - - - - 142 144 298
Short-Term Investments
68 62 78 408 41 24 45 33 91 56
Accounts Receivable
348 379 418 450 469 495 479 525 625 707
Prepaid Expenses
25 30 35 37 45 53 56 79 69 84
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
772 883 864 609 1,125 1,385 1,478 1,461 1,542 1,744
Long-Term Investments
626 715 733 381 698 911 908 870 879 999
Noncurrent Note & Lease Receivables
25 25 - - 61 62 59 61 58 81
Employee Benefit Assets
- - - - - - - 0.00 34 21
Other Noncurrent Operating Assets
80 89 112 204 349 399 512 530 570 643
Total Liabilities & Shareholders' Equity
1,407 1,549 1,666 1,778 2,016 2,117 2,242 2,239 2,472 2,889
Total Liabilities
638 732 809 805 883 929 900 791 809 901
Total Current Liabilities
446 470 510 547 588 628 631 665 709 803
Accounts Payable
89 88 105 111 135 151 138 166 176 190
Accrued Expenses
196 211 228 242 263 262 271 300 354 408
Customer Deposits
- - - - - - - - 0.00 7.51
Dividends Payable
34 36 39 42 45 48 52 55 59 64
Current Employee Benefit Liabilities
21 20 16 13 11 17 13 12 11 15
Other Current Liabilities
107 115 123 137 132 147 155 132 109 118
Total Noncurrent Liabilities
192 262 299 258 295 301 269 126 100 99
Noncurrent Deferred & Payable Income Tax Liabilities
- - - - - - 0.00 14 11 6.42
Noncurrent Employee Benefit Liabilities
191 236 222 130 159 179 145 65 47 48
Other Noncurrent Operating Liabilities
1.58 1.86 1.90 30 40 28 32 47 41 45
Total Equity & Noncontrolling Interests
770 817 857 974 1,133 1,188 1,342 1,448 1,663 1,987
Total Preferred & Common Equity
770 817 857 974 1,133 1,188 1,342 1,448 1,663 1,987
Total Common Equity
770 817 857 974 1,133 1,188 1,342 1,448 1,663 1,987
Common Stock
18 18 19 19 19 19 19 19 19 19
Retained Earnings
1,994 2,066 2,141 2,231 2,378 2,394 2,495 2,583 2,804 3,162
Treasury Stock
-1,155 - - -1,158 -1,159 -1,164 -1,168 -1,169 -1,169 -1,169
Accumulated Other Comprehensive Income / (Loss)
-97 -121 -156 -130 -117 -78 -25 -7.41 -13 -48
Other Equity Adjustments
9.02 -1,146 -1,146 12 13 18 22 23 23 23

Quarterly Balance Sheets for Erie Indemnity

This table presents Erie Indemnity's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets
2,178 2,224 2,326 2,395 2,556 2,692 2,864 2,968
Total Current Assets
724 784 873 874 942 1,020 1,097 1,122
Restricted Cash
- - - - 145 171 221 260
Short-Term Investments
33 66 72 79 86 58 59 64
Accounts Receivable
544 533 591 621 642 708 737 720
Prepaid Expenses
49 63 66 71 69 84 80 78
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
1,453 1,440 1,453 1,521 1,614 1,672 1,767 1,846
Long-Term Investments
849 858 857 845 893 953 1,008 1,060
Noncurrent Note & Lease Receivables
61 59 60 60 57 57 80 86
Employee Benefit Assets
- - - 65 66 65 64 57
Other Noncurrent Operating Assets
523 522 535 551 597 597 614 643
Total Liabilities & Shareholders' Equity
2,178 2,224 2,326 2,395 2,556 2,692 2,864 2,968
Total Liabilities
821 737 781 783 830 863 916 901
Total Current Liabilities
634 612 652 681 728 772 807 812
Accounts Payable
149 168 165 166 213 199 195 211
Accrued Expenses
310 323 348 358 385 413 426 429
Customer Deposits
- - - - - 6.35 7.91 13
Dividends Payable
52 55 55 55 59 59 59 64
Current Employee Benefit Liabilities
8.86 7.35 7.67 11 2.94 8.22 16 9.64
Other Current Liabilities
114 58 76 91 68 86 103 86
Total Noncurrent Liabilities
187 125 129 102 102 91 109 89
Noncurrent Deferred & Payable Income Tax Liabilities
- 16 16 11 6.59 5.19 13 3.70
Noncurrent Employee Benefit Liabilities
143 66 69 46 47 43 52 49
Other Noncurrent Operating Liabilities
44 43 44 44 48 43 45 36
Total Equity & Noncontrolling Interests
1,357 1,487 1,545 1,612 1,726 1,829 1,948 2,067
Total Preferred & Common Equity
1,357 1,487 1,545 1,612 1,726 1,829 1,948 2,067
Total Common Equity
1,357 1,487 1,545 1,612 1,726 1,829 1,948 2,067
Common Stock
19 19 19 19 19 19 19 19
Retained Earnings
2,573 2,614 2,677 2,752 2,869 2,973 3,074 3,237
Treasury Stock
-1,168 -1,169 -1,168 -1,169 -1,169 -1,168 -1,169 -1,170
Accumulated Other Comprehensive Income / (Loss)
-89 0.34 -4.15 -13 -15 -17 1.57 -42
Other Equity Adjustments
22 23 22 23 23 22 23 23

Annual Metrics and Ratios for Erie Indemnity

This table displays calculated financial ratios and metrics derived from Erie Indemnity's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
6.99% 6.05% 5.96% 40.81% 3.99% 2.39% 3.84% 7.85% 15.07% 16.10%
EBITDA Growth
12.55% 16.56% -1.37% 20.68% 2.76% -5.93% -6.89% 20.63% 41.06% 29.09%
EBIT Growth
12.55% 16.56% -1.37% 20.68% 2.76% -5.93% -6.89% 20.63% 41.06% 29.09%
NOPAT Growth
2.69% 26.44% -6.11% 47.57% 6.77% -5.69% -6.47% 18.54% 38.41% 29.85%
Net Income Growth
4.28% 20.43% -6.35% 46.31% 9.92% -7.42% 1.55% 0.24% 49.40% 34.58%
EPS Growth
17,677.67% -99.29% -6.23% 46.54% 9.98% -7.43% 1.43% 16,907.21% -99.12% 34.58%
Operating Cash Flow Growth
16.86% 17.00% -22.49% 33.71% 38.30% -6.02% 17.57% -9.10% 4.11% 60.35%
Free Cash Flow Firm Growth
102.64% 29.29% -29.14% 2.83% -4.52% 61.09% -41.62% 40.54% 38.00% 68.74%
Invested Capital Growth
-13.16% -20.97% 37.77% 209.18% 233.00% 17.79% 48.82% 30.37% 32.41% 14.86%
Revenue Q/Q Growth
176.08% 1.48% 1.30% 7.96% 0.80% 0.50% 1.02% 2.38% 3.67% 2.89%
EBITDA Q/Q Growth
735.79% 5.35% 5.95% 6.19% -2.58% -1.15% -1.98% 6.52% 10.01% 6.31%
EBIT Q/Q Growth
735.79% 5.35% 5.95% 6.19% -2.58% -1.15% -1.98% 6.52% 10.01% 6.31%
NOPAT Q/Q Growth
796.50% 5.69% -4.63% 11.54% -0.79% -0.67% -1.36% 5.80% 9.46% 6.32%
Net Income Q/Q Growth
2,297.21% 8.04% -6.52% 11.73% -0.85% 1.10% -2.53% 3.63% 11.34% 7.35%
EPS Q/Q Growth
17,511.53% -99.63% 100.71% 11.76% -0.82% 1.08% -2.57% 248.72% -98.78% 7.39%
Operating Cash Flow Q/Q Growth
193.70% 935.74% 0.00% 4.97% 11.43% -5.13% 8.23% -2.84% 5.65% 7.95%
Free Cash Flow Firm Q/Q Growth
-56.46% 103.01% -15.61% 5.56% -8.57% 6.40% -46.25% 85.49% 59.58% 4.70%
Invested Capital Q/Q Growth
98.97% -104.13% -94.06% -10.54% 2.14% -4.70% 40.88% 7.05% -5.12% -2.91%
Profitability Metrics
- - - - - - - - - -
Gross Margin
84.94% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
16.66% 18.31% 17.04% 14.61% 14.43% 13.26% 11.89% 13.30% 16.30% 18.13%
Operating Margin
15.45% 18.38% 17.16% 14.45% 14.42% 13.33% 12.08% 13.24% 15.92% 17.82%
EBIT Margin
16.66% 18.31% 17.04% 14.61% 14.43% 13.26% 11.89% 13.30% 16.30% 18.13%
Profit (Net Income) Margin
11.60% 13.18% 11.64% 12.10% 12.79% 11.56% 11.31% 10.51% 13.65% 15.82%
Tax Burden Percent
65.61% 65.72% 62.40% 77.62% 79.86% 79.59% 79.13% 79.31% 79.38% 79.27%
Interest Burden Percent
106.15% 109.49% 109.49% 106.71% 110.94% 109.55% 120.18% 99.64% 105.44% 110.07%
Effective Tax Rate
34.39% 34.28% 37.60% 22.38% 20.14% 20.41% 20.87% 20.69% 20.62% 20.73%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 10,549.99% 218.64% 123.11% 85.56% 73.61% 77.46% 82.17%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 10,547.70% 215.24% 120.55% 80.81% 73.59% 74.23% 76.71%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% -10,518.51% -188.57% -97.84% -62.02% -52.22% -48.79% -49.28%
Return on Equity (ROE)
23.72% 26.52% 23.53% 31.48% 30.07% 25.27% 23.54% 21.40% 28.67% 32.89%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 251.75% 111.02% 106.78% 46.32% 47.25% 49.58% 68.33%
Operating Return on Assets (OROA)
18.40% 19.78% 17.94% 20.21% 18.85% 16.28% 14.37% 16.86% 22.62% 25.67%
Return on Assets (ROA)
12.81% 14.23% 12.26% 16.74% 16.70% 14.19% 13.67% 13.32% 18.94% 22.40%
Return on Common Equity (ROCE)
23.72% 26.52% 23.53% 31.48% 30.07% 25.27% 23.54% 21.40% 28.67% 32.89%
Return on Equity Simple (ROE_SIMPLE)
22.70% 25.75% 22.98% 29.60% 27.96% 24.69% 22.19% 20.61% 26.83% 30.21%
Net Operating Profit after Tax (NOPAT)
153 193 181 267 285 269 252 298 413 536
NOPAT Margin
10.13% 12.08% 10.71% 11.22% 11.52% 10.61% 9.56% 10.50% 12.63% 14.13%
Net Nonoperating Expense Percent (NNEP)
2.75% 2.00% 1.75% 2.29% 3.41% 2.56% 4.75% 0.02% 3.24% 5.46%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 20.60% 24.84% 26.98%
Cost of Revenue to Revenue
15.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
13.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 86.73% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
69.50% 81.62% 82.84% 85.55% 85.58% 86.67% 87.92% 86.73% 84.08% 82.18%
Earnings before Interest and Taxes (EBIT)
251 292 288 348 358 336 313 378 533 688
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
251 292 288 348 358 336 313 378 533 688
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
4.74 5.36 5.68 5.63 6.15 8.94 6.33 7.65 9.15 9.55
Price to Tangible Book Value (P/TBV)
4.74 5.36 5.68 5.63 6.15 8.94 6.33 7.65 9.15 9.55
Price to Revenue (P/Rev)
2.42 2.74 2.88 2.30 2.81 4.19 3.23 3.90 4.66 5.00
Price to Earnings (P/E)
20.86 20.83 24.74 19.03 22.00 36.21 28.53 37.12 34.13 31.61
Dividend Yield
3.52% 3.08% 2.97% 2.83% 2.39% 2.55% 3.34% 1.85% 1.44% 1.24%
Earnings Yield
4.79% 4.80% 4.04% 5.26% 4.55% 2.76% 3.50% 2.69% 2.93% 3.16%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 75.12 29.85 40.68 21.19 21.88 23.22 25.26
Enterprise Value to Revenue (EV/Rev)
1.84 2.15 2.32 1.90 2.42 3.79 2.83 3.53 4.32 4.64
Enterprise Value to EBITDA (EV/EBITDA)
11.03 11.76 13.60 13.01 16.76 28.60 23.81 26.57 26.47 25.62
Enterprise Value to EBIT (EV/EBIT)
11.03 11.76 13.60 13.01 16.76 28.60 23.81 26.57 26.47 25.62
Enterprise Value to NOPAT (EV/NOPAT)
18.14 17.83 21.65 16.94 21.00 35.75 29.62 33.64 34.16 32.87
Enterprise Value to Operating Cash Flow (EV/OCF)
12.73 13.52 19.89 17.18 16.44 28.08 18.51 27.41 37.01 28.83
Enterprise Value to Free Cash Flow (EV/FCFF)
17.18 16.51 26.57 29.84 41.35 41.21 54.71 52.41 53.38 39.52
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.03 0.09 0.10 0.09 0.08 0.07 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.03 0.09 0.10 0.08 0.08 0.07 0.00 0.00 0.00
Financial Leverage
-1.09 -1.10 -1.09 -1.00 -0.88 -0.81 -0.77 -0.71 -0.66 -0.64
Leverage Ratio
1.85 1.86 1.92 1.88 1.80 1.78 1.72 1.61 1.51 1.47
Compound Leverage Factor
1.97 2.04 2.10 2.01 2.00 1.95 2.07 1.60 1.60 1.62
Debt to Total Capital
0.00% 2.94% 8.02% 9.29% 7.95% 7.47% 6.53% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.17% 0.16% 0.16% 0.15% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 2.94% 8.02% 9.12% 7.79% 7.31% 6.39% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 97.06% 91.98% 90.71% 92.05% 92.53% 93.47% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.08 0.26 0.29 0.27 0.29 0.30 0.00 0.00 0.00
Net Debt to EBITDA
0.00 -3.22 -3.30 -2.75 -2.73 -2.97 -3.33 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.08 0.26 0.28 0.27 0.28 0.29 0.00 0.00 0.00
Debt to NOPAT
0.00 0.13 0.41 0.37 0.34 0.36 0.37 0.00 0.00 0.00
Net Debt to NOPAT
0.00 -4.88 -5.25 -3.57 -3.43 -3.71 -4.14 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.13 0.41 0.37 0.34 0.35 0.36 0.00 0.00 0.00
Altman Z-Score
7.23 7.26 7.21 8.25 8.38 10.22 8.93 11.91 15.02 16.41
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.43 1.42 1.57 2.14 1.52 1.17 1.21 1.17 1.31 1.43
Quick Ratio
1.34 1.34 1.45 2.05 1.44 1.08 1.12 0.84 1.01 0.95
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
161 208 148 152 145 233 136 192 264 446
Operating Cash Flow to CapEx
1,731.27% 1,008.95% 681.46% 524.20% 359.98% 617.14% 270.69% 546.99% 411.46% 489.61%
Free Cash Flow to Firm to Interest Expense
0.00 2,062.24 119.23 61.70 169.29 319.33 32.98 95.33 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 2,518.18 159.23 107.15 425.85 468.67 97.48 182.26 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 2,268.59 135.86 86.71 307.55 392.73 61.47 148.94 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.10 1.08 1.05 1.38 1.31 1.23 1.21 1.27 1.39 1.42
Accounts Receivable Turnover
4.41 4.39 4.25 5.49 5.39 5.27 5.41 5.66 5.68 5.70
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
3.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
82.83 83.05 85.96 66.51 67.67 69.31 67.47 64.50 64.22 64.07
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
100.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
-17.29 83.05 85.96 66.51 67.67 69.31 67.47 64.50 64.22 64.07
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-73 -89 -55 60 201 236 352 459 607 698
Invested Capital Turnover
-21.79 -19.70 -23.50 940.29 18.98 11.60 8.95 7.01 6.13 5.82
Increase / (Decrease) in Invested Capital
-8.53 -15 34 116 140 36 115 107 149 90
Enterprise Value (EV)
2,767 3,439 3,922 4,529 5,992 9,621 7,456 10,038 14,107 17,624
Market Capitalization
3,644 4,381 4,873 5,484 6,969 10,620 8,499 11,083 15,222 18,977
Book Value per Share
$16.66 $17.69 $18.56 $21.08 $24.53 $25.72 $29.06 $31.36 $36.00 $43.02
Tangible Book Value per Share
$16.66 $17.69 $18.56 $21.08 $24.53 $25.72 $29.06 $31.36 $36.00 $43.02
Total Capital
770 842 932 1,073 1,231 1,284 1,436 1,448 1,663 1,987
Total Debt
0.00 25 75 100 98 96 94 0.00 0.00 0.00
Total Long-Term Debt
0.00 25 75 98 96 94 92 0.00 0.00 0.00
Net Debt
-877 -942 -952 -955 -977 -1,000 -1,042 -1,045 -1,115 -1,353
Capital Expenditures (CapEx)
13 25 29 50 101 56 149 67 93 125
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-61 -56 -1.79 -50 -72 -78 -93 -61 -14 -12
Debt-free Net Working Capital (DFNWC)
189 196 292 624 306 107 135 114 221 343
Net Working Capital (NWC)
189 196 292 622 304 105 133 114 221 343
Net Nonoperating Expense (NNE)
-22 -17 -16 -21 -31 -24 -46 -0.19 -33 -64
Net Nonoperating Obligations (NNO)
-843 -906 -913 -913 -932 -952 -991 -990 -1,055 -1,290
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
-4.05% -3.48% -0.11% -2.11% -2.89% -3.09% -3.55% -2.15% -0.44% -0.30%
Debt-free Net Working Capital to Revenue
12.58% 12.27% 17.26% 26.18% 12.34% 4.21% 5.12% 4.00% 6.77% 9.03%
Net Working Capital to Revenue
12.58% 12.27% 17.26% 26.11% 12.26% 4.13% 5.04% 4.00% 6.77% 9.03%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.75 $4.52 $639.23 $6.19 $6.80 $6.30 $6.40 $6.41 $9.58 $12.89
Adjusted Weighted Average Basic Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M
Adjusted Diluted Earnings per Share
$3.33 $4.01 $637.76 $5.51 $6.06 $5.61 $5.69 $5.71 $8.53 $11.48
Adjusted Weighted Average Diluted Shares Outstanding
52.50M 52.44M 52.34M 52.32M 52.32M 52.31M 52.31M 52.30M 52.30M 52.31M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M
Normalized Net Operating Profit after Tax (NOPAT)
153 193 181 267 285 269 252 298 413 536
Normalized NOPAT Margin
10.13% 12.08% 10.71% 11.22% 11.52% 10.61% 9.56% 10.50% 12.63% 14.13%
Pre Tax Income Margin
17.69% 20.05% 18.66% 15.59% 16.01% 14.53% 14.29% 13.25% 17.19% 19.95%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 2,894.58 232.91 141.46 417.75 460.16 75.80 188.07 0.00 0.00
NOPAT to Interest Expense
0.00 1,909.91 146.30 108.65 333.39 368.18 60.92 148.52 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 2,645.00 209.54 121.02 299.45 384.22 39.79 154.75 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 1,660.33 122.94 88.21 215.09 292.24 24.91 115.20 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
72.62% 64.64% 73.99% 54.29% 52.92% 93.04% 64.73% 69.25% 49.70% 39.56%
Augmented Payout Ratio
72.62% 64.64% 73.99% 54.29% 52.92% 93.04% 64.73% 69.25% 49.70% 39.56%

Quarterly Metrics and Ratios for Erie Indemnity

This table displays calculated financial ratios and metrics derived from Erie Indemnity's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
7.68% 10.36% 11.96% 15.66% 15.97% 16.50% 17.04% 17.93% 16.41% 13.02% 12.34%
EBITDA Growth
13.19% 39.50% 34.32% 31.75% 41.52% 59.36% 24.89% 40.77% 19.69% 31.39% 9.13%
EBIT Growth
13.19% 39.50% 34.32% 31.75% 41.52% 59.36% 24.89% 40.77% 19.69% 31.39% 9.13%
NOPAT Growth
12.27% 33.49% 31.04% 28.94% 40.73% 54.84% 25.84% 41.79% 20.66% 31.63% 9.09%
Net Income Growth
-6.55% 18.98% 25.68% 47.04% 55.42% 69.38% 44.42% 39.08% 21.97% 37.05% 11.13%
EPS Growth
15,807.56% 65,734.29% 25.95% 47.06% -99.08% -99.69% 44.24% 39.11% 21.91% 37.26% 0.00%
Operating Cash Flow Growth
-3.29% -7.72% 103.93% 59.54% -59.98% 15.93% 81.53% -0.42% 277.49% 30.33% 35.47%
Free Cash Flow Firm Growth
-228.35% 37.34% 99.01% 131.20% 1.59% -14.69% -11,280.45% -227.85% 169.89% 188.30% 162.32%
Invested Capital Growth
71.57% 30.37% 21.51% 18.75% 49.39% 32.41% 33.34% 34.02% 12.25% 14.86% 12.90%
Revenue Q/Q Growth
2.00% -5.24% 7.21% 11.62% 2.27% -4.80% 7.71% 12.46% 0.95% -7.58% 7.07%
EBITDA Q/Q Growth
2.58% -23.69% 39.43% 20.71% 10.19% -14.07% 9.27% 36.05% -6.31% -5.68% -9.24%
EBIT Q/Q Growth
2.58% -23.69% 39.43% 20.71% 10.19% -14.07% 9.27% 36.05% -6.31% -5.68% -9.24%
NOPAT Q/Q Growth
2.63% -22.92% 34.24% 21.42% 12.02% -15.19% 9.09% 36.81% -4.67% -7.49% -9.58%
Net Income Q/Q Growth
5.20% -22.33% 31.69% 36.65% 11.19% -15.35% 12.28% 31.59% -2.49% -4.88% -8.95%
EPS Q/Q Growth
17,783.01% 152.64% -99.76% 36.36% 11.56% -15.54% 12.26% 31.51% -2.24% -4.90% 0.00%
Operating Cash Flow Q/Q Growth
59.37% -2.87% -62.49% 174.77% -60.02% 181.33% -41.26% 50.73% 51.55% -2.87% -38.94%
Free Cash Flow Firm Q/Q Growth
-29.33% 55.71% 98.83% 4,767.08% -507.94% 48.38% -15.81% 47.57% 322.99% -34.79% -18.26%
Invested Capital Q/Q Growth
-3.52% 7.05% 8.15% 6.32% 21.37% -5.12% 8.91% 6.86% 1.66% -2.91% 7.04%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
14.45% 11.64% 15.13% 16.37% 17.63% 15.92% 16.15% 19.54% 18.13% 18.51% 15.69%
Operating Margin
14.38% 11.60% 14.69% 15.97% 17.29% 15.54% 15.76% 19.20% 18.01% 18.11% 15.30%
EBIT Margin
14.45% 11.64% 15.13% 16.37% 17.63% 15.92% 16.15% 19.54% 18.13% 18.51% 15.69%
Profit (Net Income) Margin
11.38% 9.33% 11.46% 14.03% 15.26% 13.57% 14.14% 16.55% 15.98% 16.45% 13.99%
Tax Burden Percent
79.28% 79.90% 79.01% 79.05% 80.01% 79.28% 79.18% 79.06% 79.58% 79.26% 79.21%
Interest Burden Percent
99.36% 100.35% 95.84% 108.46% 108.12% 107.51% 110.60% 107.15% 110.78% 112.17% 112.59%
Effective Tax Rate
20.72% 20.10% 20.99% 20.95% 19.99% 20.72% 20.82% 20.94% 20.42% 20.74% 20.79%
Return on Invested Capital (ROIC)
93.24% 64.97% 74.98% 78.87% 81.60% 75.55% 73.24% 87.26% 77.83% 83.45% 67.18%
ROIC Less NNEP Spread (ROIC-NNEP)
93.25% 64.93% 75.09% 77.64% 80.32% 74.56% 71.82% 86.00% 76.33% 81.80% 65.63%
Return on Net Nonoperating Assets (RNNOA)
-69.32% -46.07% -51.02% -51.48% -51.40% -49.01% -45.94% -54.53% -47.19% -52.55% -41.26%
Return on Equity (ROE)
23.92% 18.90% 23.96% 27.39% 30.21% 26.55% 27.30% 32.73% 30.64% 30.91% 25.92%
Cash Return on Invested Capital (CROIC)
30.44% 47.25% 51.13% 53.42% 30.99% 49.58% 46.66% 48.66% 62.69% 68.33% 65.45%
Operating Return on Assets (OROA)
18.17% 14.75% 19.88% 22.05% 24.32% 22.09% 22.96% 27.63% 25.44% 26.20% 22.17%
Return on Assets (ROA)
14.31% 11.83% 15.05% 18.90% 21.04% 18.83% 20.10% 23.40% 22.43% 23.29% 19.77%
Return on Common Equity (ROCE)
23.92% 18.90% 23.96% 27.39% 30.21% 26.55% 27.30% 32.73% 30.64% 30.91% 25.92%
Return on Equity Simple (ROE_SIMPLE)
21.24% 0.00% 21.26% 22.91% 24.85% 0.00% 28.06% 29.00% 28.71% 0.00% 29.71%
Net Operating Profit after Tax (NOPAT)
84 65 87 106 119 101 110 150 143 133 120
NOPAT Margin
11.40% 9.27% 11.61% 12.63% 13.83% 12.32% 12.48% 15.18% 14.34% 14.35% 12.12%
Net Nonoperating Expense Percent (NNEP)
-0.01% 0.04% -0.12% 1.23% 1.29% 1.00% 1.42% 1.27% 1.50% 1.66% 1.55%
Return On Investment Capital (ROIC_SIMPLE)
- 4.49% - - - 6.06% - - - 6.67% 5.80%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
85.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
85.70% 88.23% 85.31% 84.03% 82.71% 84.46% 84.24% 80.80% 81.99% 81.89% 84.70%
Earnings before Interest and Taxes (EBIT)
107 82 114 137 151 130 142 194 181 171 155
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
107 82 114 137 151 130 142 194 181 171 155
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
7.36 7.65 7.04 6.15 8.28 9.15 10.71 9.12 12.77 9.55 9.33
Price to Tangible Book Value (P/TBV)
7.36 7.65 7.04 6.15 8.28 9.15 10.71 9.12 12.77 9.55 9.33
Price to Revenue (P/Rev)
3.60 3.90 3.58 3.13 4.23 4.66 5.44 4.70 6.74 5.00 4.94
Price to Earnings (P/E)
34.64 37.12 33.11 26.86 33.31 34.13 38.17 31.45 44.49 31.61 31.41
Dividend Yield
2.02% 1.85% 1.99% 2.24% 1.62% 1.44% 1.21% 1.37% 0.93% 1.24% 1.24%
Earnings Yield
2.89% 2.69% 3.02% 3.72% 3.00% 2.93% 2.62% 3.18% 2.25% 3.16% 3.18%
Enterprise Value to Invested Capital (EV/IC)
21.00 21.88 18.99 15.99 19.24 23.22 26.25 21.93 32.82 25.26 23.97
Enterprise Value to Revenue (EV/Rev)
3.24 3.53 3.23 2.78 3.91 4.32 5.11 4.37 6.39 4.64 4.59
Enterprise Value to EBITDA (EV/EBITDA)
25.38 26.57 23.16 19.16 25.42 26.47 30.94 25.11 36.45 25.62 25.54
Enterprise Value to EBIT (EV/EBIT)
25.38 26.57 23.16 19.16 25.42 26.47 30.94 25.11 36.45 25.62 25.54
Enterprise Value to NOPAT (EV/NOPAT)
31.91 33.64 29.53 24.60 32.64 34.16 39.88 32.31 46.77 32.87 32.78
Enterprise Value to Operating Cash Flow (EV/OCF)
23.88 27.41 24.12 19.17 34.13 37.01 41.31 36.92 41.66 28.83 27.88
Enterprise Value to Free Cash Flow (EV/FCFF)
87.17 52.41 40.75 32.49 74.37 53.38 64.30 51.61 55.38 39.52 38.85
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.74 -0.71 -0.68 -0.66 -0.64 -0.66 -0.64 -0.63 -0.62 -0.64 -0.63
Leverage Ratio
1.67 1.61 1.58 1.56 1.54 1.51 1.49 1.49 1.48 1.47 1.46
Compound Leverage Factor
1.66 1.61 1.51 1.69 1.67 1.63 1.65 1.59 1.64 1.65 1.64
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
10.43 11.47 11.74 10.53 13.46 14.48 16.56 14.81 19.41 15.82 15.99
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.14 1.17 1.28 1.34 1.28 1.31 1.29 1.32 1.36 1.43 1.38
Quick Ratio
1.06 0.84 1.18 1.24 1.18 1.01 1.00 0.99 0.99 0.95 0.96
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-94 -42 -0.49 23 -93 -48 -56 -29 65 42 35
Operating Cash Flow to CapEx
579.36% 784.63% 250.92% 510.33% 194.71% 722.46% 388.46% 468.68% 718.67% 414.76% 398.05%
Free Cash Flow to Firm to Interest Expense
-820.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
1,146.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
948.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.26 1.27 1.31 1.35 1.38 1.39 1.42 1.41 1.40 1.42 1.41
Accounts Receivable Turnover
5.30 5.66 5.77 5.37 5.41 5.68 5.78 5.46 5.43 5.70 5.73
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
68.91 64.50 63.23 67.91 67.43 64.22 63.12 66.83 67.17 64.07 63.65
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
68.91 64.50 63.23 67.91 67.43 64.22 63.12 66.83 67.17 64.07 63.65
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
429 459 496 527 640 607 662 707 719 698 747
Invested Capital Turnover
8.18 7.01 6.46 6.25 5.90 6.13 5.87 5.75 5.43 5.82 5.54
Increase / (Decrease) in Invested Capital
179 107 88 83 212 149 165 179 78 90 85
Enterprise Value (EV)
9,001 10,038 9,422 8,433 12,316 14,107 17,366 15,501 23,588 17,624 17,906
Market Capitalization
9,981 11,083 10,469 9,506 13,343 15,222 18,490 16,682 24,877 18,977 19,290
Book Value per Share
$29.37 $31.36 $32.19 $33.45 $34.90 $36.00 $37.37 $39.59 $42.17 $43.02 $44.76
Tangible Book Value per Share
$29.37 $31.36 $32.19 $33.45 $34.90 $36.00 $37.37 $39.59 $42.17 $43.02 $44.76
Total Capital
1,357 1,448 1,487 1,545 1,612 1,663 1,726 1,829 1,948 1,987 2,067
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-980 -1,045 -1,046 -1,073 -1,027 -1,115 -1,124 -1,181 -1,289 -1,353 -1,384
Capital Expenditures (CapEx)
23 16 19 26 27 21 22 28 28 47 30
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-40 -61 -16 5.31 11 -14 -17 19 10 -12 -14
Debt-free Net Working Capital (DFNWC)
90 114 173 221 193 221 214 248 290 343 310
Net Working Capital (NWC)
90 114 173 221 193 221 214 248 290 343 310
Net Nonoperating Expense (NNE)
0.10 -0.42 1.10 -12 -12 -10 -15 -14 -16 -19 -19
Net Nonoperating Obligations (NNO)
-928 -990 -991 -1,017 -972 -1,055 -1,065 -1,122 -1,229 -1,290 -1,320
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
-1.46% -2.15% -0.53% 0.18% 0.36% -0.44% -0.49% 0.55% 0.28% -0.30% -0.36%
Debt-free Net Working Capital to Revenue
3.25% 4.00% 5.91% 7.27% 6.12% 6.77% 6.31% 6.99% 7.87% 9.03% 7.95%
Net Working Capital to Revenue
3.25% 4.00% 5.91% 7.27% 6.12% 6.77% 6.31% 6.99% 7.87% 9.03% 7.95%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.81 $691.41 $1.85 $2.53 $2.81 $2.39 $2.67 $3.52 $3.43 $3.27 $0.00
Adjusted Weighted Average Basic Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 0.00
Adjusted Diluted Earnings per Share
$1.61 $691.26 $1.65 $2.25 $2.51 $2.12 $2.38 $3.13 $3.06 $2.91 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
52.30M 52.30M 52.30M 52.30M 52.30M 52.30M 52.30M 52.31M 52.31M 52.31M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 46.19M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
84 65 87 106 119 101 110 150 143 133 120
Normalized NOPAT Margin
11.40% 9.27% 11.61% 12.63% 13.83% 12.32% 12.48% 15.18% 14.34% 14.35% 12.12%
Pre Tax Income Margin
14.36% 11.68% 14.51% 17.75% 19.07% 17.11% 17.86% 20.93% 20.09% 20.76% 17.66%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
930.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
734.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
732.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
536.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
70.55% 69.25% 66.57% 60.53% 54.40% 49.70% 46.58% 43.28% 41.76% 39.56% 39.35%
Augmented Payout Ratio
70.55% 69.25% 66.57% 60.53% 54.40% 49.70% 46.58% 43.28% 41.76% 39.56% 39.35%

Frequently Asked Questions About Erie Indemnity's Financials

When does Erie Indemnity's financial year end?

According to the most recent income statement we have on file, Erie Indemnity's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Erie Indemnity's net income changed over the last 9 years?

Erie Indemnity's net income appears to be on an upward trend, with a most recent value of $600.31 million in 2024, rising from $174.68 million in 2015. The previous period was $446.06 million in 2023.

What is Erie Indemnity's operating income?
Erie Indemnity's total operating income in 2024 was $676.46 million, based on the following breakdown:
  • Total Gross Profit: $3.80 billion
  • Total Operating Expenses: $3.12 billion
How has Erie Indemnity revenue changed over the last 9 years?

Over the last 9 years, Erie Indemnity's total revenue changed from $1.51 billion in 2015 to $3.80 billion in 2024, a change of 152.1%.

How much debt does Erie Indemnity have?

Erie Indemnity's total liabilities were at $901.36 million at the end of 2024, a 11.4% increase from 2023, and a 41.3% increase since 2015.

How has Erie Indemnity's book value per share changed over the last 9 years?

Over the last 9 years, Erie Indemnity's book value per share changed from 16.66 in 2015 to 43.02 in 2024, a change of 158.3%.



This page (NASDAQ:ERIE) was last updated on 5/7/2025 by MarketBeat.com Staff
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