Net Income
Trailing-twelve-month (TTM) net income is $571.39 Million with a year-over-year change of (6.97%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
ERIE Net Income
Reported quarterly net income; no daily interpolation.
ERIE Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
$571.39M
$571.39 Million
Year-over-Year Change
(6.97%)
vs. $614.20M a year ago (TTM)
Net Income CAGR
+13.19%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(6.97%)
3 Year
+21.80%
5 Year
+13.19%
10 Year
+12.17%
15 Year
+8.90%
20 Year
+4.82%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $559.34M | ($40.98M) | (6.83%) |
| 2024 | $600.31M | +$154.25M | +34.58% |
| 2023 | $446.06M | +$147.49M | +49.40% |
| 2022 | $298.57M | +$709,000 | +0.24% |
| 2021 | $297.86M | +$4.56M | +1.55% |
| 2020 | $293.30M | ($23.52M) | (7.42%) |
| 2019 | $316.82M | +$28.60M | +9.92% |
| 2018 | $288.22M | +$91.22M | +46.31% |
| 2017 | $197.00M | ($13.37M) | (6.35%) |
| 2016 | $210.37M | +$35.69M | +20.43% |
Net Income Growth Summary
TTM Growth
(6.97%)
3-Year Avg Growth
+21.80%
5-Year Avg Growth
+13.19%
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.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Timothy G. NeCastro