Erie Indemnity Company (ERIE)ERIEErie Indemnity Company

Financials

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	4.090B	1.012B	951.199M	1.067B	1.060B	989.399M	924.090M	999.886M	990.438M
Cost of Goods Sold	3.431B	865.124M	812.459M	876.218M	877.024M	838.023M	756.780M	819.761M	800.230M
Gross Profit	659.459M	146.904M	138.740M	191.158M	182.657M	151.376M	167.310M	180.125M	190.208M
Gross Profit Margin	14.5%	14.5%	14.6%	17.9%	17.2%	15.3%	18.1%	18.0%	19.2%
Total Operating Expenses	-74.205M	-19.118M	-18.998M	-19.094M	-16.995M	0.00	0.00	0.00	0.00
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	38.761M	19.475M	19.286M	0.00	0.00	17.645M	15.155M	4.896M	268.601M
Operating Income (EBIT)	733.664M	166.022M	157.738M	210.252M	199.652M	151.376M	167.310M	180.125M	190.208M
Operating Margin	16.4%	16.4%	16.6%	19.7%	18.8%	15.3%	18.1%	18.0%	19.2%
Income Before Tax (EBT)	726.183M	190.326M	82.349M	232.761M	220.747M	174.746M	191.808M	200.842M	207.327M
Interest Income	83.846M	21.899M	22.044M	20.307M	19.596M	18.114M	18.108M	16.901M	15.496M
Interest Expense	—	—	—	—	—	—	—	—	—
Other Income/Expense	-7.481M	24.304M	-75.389M	22.509M	21.095M	23.370M	24.498M	20.717M	17.119M
Net Income	571.392M	150.474M	63.380M	182.853M	174.685M	138.417M	152.029M	159.830M	163.903M
Income Tax Expense	154.791M	39.852M	18.969M	49.908M	46.062M	36.329M	39.779M	41.012M	43.424M
Net Profit Margin	14.9%	14.9%	6.7%	17.1%	16.5%	14.0%	16.5%	16.0%	16.5%
EBITDA	807.314M	186.022M	176.888M	228.652M	215.752M	165.508M	181.442M	191.979M	202.062M
EBITDA Margin	18.4%	18.4%	18.6%	21.4%	20.4%	16.7%	19.6%	19.2%	20.4%
Depreciation & Amortization	73.650M	20.000M	19.150M	18.400M	16.100M	14.133M	14.133M	11.854M	11.854M
EPS Basic	12.27	3.23	1.36	3.93	3.75	2.97	3.26	3.43	3.52
EPS Diluted	10.87	2.86	1.20	3.47	3.34	2.65	2.91	3.06	3.13
Shares Outstanding	46.570M	46.570M	46.570M	46.570M	46.192M	52.290M	46.192M	46.192M	52.365M
Diluted Shares Outstanding	52.689M	52.689M	52.689M	52.687M	52.307M	58.405M	52.313M	52.309M	52.687M

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	4.067B	3.795B	3.269B	2.840B	2.634B	2.536B	2.477B	2.382B
Cost of Goods Sold	3.427B	3.119B	2.749B	2.464B	2.316B	2.198B	2.120B	2.038B
Gross Profit	640.800M	676.455M	520.256M	376.214M	318.097M	338.157M	357.339M	344.343M
Gross Profit Margin	15.8%	17.8%	15.9%	13.2%	12.1%	13.3%	14.4%	14.5%
Total Operating Expenses	-78.720M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	74.058M	33.353M	32.561M	668.268M	638.483M	1.635M	1.671M	0.00
Operating Income (EBIT)	719.520M	676.455M	520.256M	376.214M	318.097M	338.157M	357.339M	344.343M
Operating Margin	17.7%	17.8%	15.9%	13.2%	12.1%	13.3%	14.4%	14.5%
Income Before Tax (EBT)	710.603M	757.279M	561.936M	376.452M	376.404M	368.515M	396.705M	371.320M
Interest Income	80.061M	65.066M	51.742M	—	—	—	—	—
Interest Expense	—	—	—	2.009M	4.132M	731K	856K	2.460M
Other Income/Expense	-8.917M	80.824M	41.680M	238K	58.307M	30.358M	39.366M	26.977M
Net Income	559.335M	600.314M	446.061M	298.569M	297.860M	293.304M	316.821M	288.224M
Income Tax Expense	151.268M	156.965M	115.875M	77.883M	78.544M	75.211M	79.884M	83.096M
Net Profit Margin	13.8%	15.8%	13.6%	10.5%	11.3%	11.6%	12.8%	12.1%
EBITDA	796.303M	732.985M	567.671M	422.380M	355.307M	359.352M	374.152M	357.711M
EBITDA Margin	19.6%	19.3%	17.4%	14.9%	13.5%	14.2%	15.1%	15.0%
Depreciation & Amortization	76.783M	56.530M	47.415M	46.166M	37.210M	21.195M	16.813M	13.368M
EPS Basic	12.01	12.89	9.58	6.41	6.40	6.30	6.80	4.93
EPS Diluted	10.62	11.48	8.53	5.71	5.69	5.61	6.06	4.93
Shares Outstanding	46.570M	46.189M	46.189M	46.189M	46.189M	52.313M	52.290M	52.289M
Diluted Shares Outstanding	52.687M	52.688M	52.681M	46.189M	46.189M	52.695M	58.421M	52.697M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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

www.erieinsurance.com

Financial Services / Insurance - Property & Casualty

Sector: Financial Services
Industry: Insurance - Property & Casualty
CEO: Timothy G. NeCastro

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