Erie Indemnity Company
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 2.63B | 2.84B | 3.27B | 3.80B | 4.07B | 7.2% | |
| Cost of Revenue | (2.32B) | (2.46B) | (2.75B) | (3.12B) | (3.43B) | 9.9% | |
Gross Profit | 318.10M | 376.21M | 520.26M | 676.46M | 640.80M | -5.3% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (638.48M) | (668.27M) | (32.56M) | (33.35M) | (74.06M) | 122.0% | |
| General & Administrative | (638.48M) | (668.27M) | — | — | (74.06M) | — | |
| Depreciation & Amortization | (37.21M) | (46.17M) | (47.41M) | (56.53M) | (76.78M) | 35.8% | |
Operating Income (EBIT) | 318.10M | 376.21M | 520.26M | 676.46M | 719.52M | 6.4% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | 51.74M | 65.07M | 80.06M | 23.0% | |
| Interest Expense | (4.13M) | (2.01M) | — | — | — | — | |
| Other Income/Expenses (Net) | 58.31M | 238.00K | 41.68M | 80.82M | -8.92M | -111.0% | |
Income Before Tax | 376.40M | 376.45M | 561.94M | 757.28M | 710.60M | -6.2% | |
| Income Tax Expense | (78.54M) | (77.88M) | (115.88M) | (156.97M) | (151.27M) | -3.6% | |
Net Income | 297.86M | 298.57M | 446.06M | 600.31M | 559.34M | -6.8% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $6 | $6 | $10 | $13 | $12 | -6.8% | |
| Weighted Avg Shares Outstanding | 46.19M | 46.19M | 46.19M | 46.19M | 46.57M | 0.8% | |
| Weighted Avg Shares Outstanding (Diluted) | 46.19M | 46.19M | 52.68M | 52.69M | 52.69M | -0.0% | |
EBITDA | 351.22M | 428.41M | 600.23M | 766.34M | 787.39M | 2.7% |
Explore ERIE
ERIE in the Financial Services
Large Cap