Erie Indemnity Company logo
ERIEErie Indemnity Company

Enterprise Value (EV): $10.71B

The enterprise value (EV) is $10.71B as of Monday, June 29, 2026.

ERIE Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$10.71B

Enterprise Value Calculation

Market Cap

$11.03B

+

Total Debt

$0.00

Cash

$315.69M

=

Enterprise Value

$10.71B

EV-Based Valuation Multiples

EV/EBITDA

Not meaningful

EV/Sales

Not meaningful

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Erie Indemnity Company (ERIE)?
The enterprise value (EV) for ERIE stock is $10.71B.

About Erie Indemnity Company

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.

Erie, PA
6,667 employees
Financial Services / Insurance - Property & Casualty
Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Timothy G. NeCastro