ERIE · Erie Indemnity Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | - | $1.07B | $1.06B | $989.40M | - | $999.89M | $990.44M | $880.70M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $845.12M | - | $857.82M | $860.92M | $838.02M | - | $819.76M | $800.23M | $741.89M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $166.79M | - | $208.92M | $199.17M | $151.38M | - | $180.13M | $190.21M | $138.81M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $39.85M | - | $49.91M | $46.06M | $36.33M | - | $41.01M | $43.42M | $32.75M | - |
| Net Income | $150.47M | - | $182.85M | $174.69M | $138.42M | - | $159.83M | $163.90M | $124.55M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $268.62M | $345.87M | $568.55M | $358.03M | $260.38M | $298.40M | $221.21M | $170.63M | $144.87M | $144.06M |
| Accounts Receivable | $743.24M | $735.59M | $780.47M | $769.15M | $719.90M | $707.06M | $736.97M | $708.17M | $641.69M | $625.34M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $1.16B | $1.20B | $1.50B | $1.27B | $1.12B | $1.15B | $1.10B | $1.02B | $941.77M | $930.19M |
| Total Assets | $3.38B | $3.36B | $3.32B | $3.13B | $2.97B | $2.89B | $2.86B | $2.69B | $2.56B | $2.47B |
| Current Liabilities | $899.91M | $945.59M | $897.57M | $861.68M | $812.29M | $802.51M | $806.93M | $772.27M | $727.52M | $708.98M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.02B | $1.07B | $1.02B | $943.67M | $900.88M | $901.36M | $916.19M | $863.15M | $829.61M | $809.13M |
| Stockholders' Equity | $2.35B | $2.28B | $2.31B | $2.18B | $2.07B | $1.99B | $1.95B | $1.83B | $1.73B | $1.66B |
| Retained Earnings | $3.55B | $3.46B | $3.47B | $3.35B | $3.24B | $3.16B | $3.07B | $2.97B | $2.87B | $2.80B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.89M | - | - | - | $118.12M | - | - | - | $87.19M | - |
| Investing Cash Flow | ($88.73M) | - | - | - | ($97.76M) | - | - | - | ($27.00M) | - |
| Financing Cash Flow | ($80.42M) | - | - | - | ($58.38M) | - | - | - | ($59.38M) | - |
| CapEx | $37.41M | - | - | - | $29.67M | - | - | - | $22.45M | - |
| Free Cash Flow | $54.48M | - | - | - | $88.44M | - | - | - | $64.75M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 16.5% | - | 19.6% | 18.8% | 15.3% | - | 18.0% | 19.2% | 15.8% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 14.9% | - | 17.1% | 16.5% | 14.0% | - | 16.0% | 16.5% | 14.1% | - |
| Free cash flow margin | 5.4% | - | - | - | 8.9% | - | - | - | 7.4% | - |
| FCF / Net income | 0.36 | - | - | - | 0.64 | - | - | - | 0.52 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 20.9% | - | 21.4% | 20.9% | 20.8% | - | 20.4% | 20.9% | 20.8% | - |
| Return on assets | 4.5% | - | 5.5% | 5.6% | 4.7% | - | 5.6% | 6.1% | 4.9% | - |
| Return on equity | 6.4% | - | 7.9% | 8.0% | 6.7% | - | 8.2% | 9.0% | 7.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.29 | 1.27 | 1.67 | 1.47 | 1.38 | 1.43 | 1.36 | 1.32 | 1.29 | 1.31 |
| Quick ratio | 1.29 | 1.27 | 1.67 | 1.47 | 1.38 | 1.43 | 1.36 | 1.32 | 1.29 | 1.31 |
| Cash ratio | 0.30 | 0.37 | 0.63 | 0.42 | 0.32 | 0.37 | 0.27 | 0.22 | 0.20 | 0.20 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.43 | 1.47 | 1.44 | 1.43 | 1.44 | 1.45 | 1.47 | 1.47 | 1.48 | 1.49 |
| Liabilities / Assets | 0.30 | 0.32 | 0.31 | 0.30 | 0.30 | 0.31 | 0.32 | 0.32 | 0.32 | 0.33 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.32 | 0.34 | 0.33 | - | 0.35 | 0.37 | 0.34 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 268d | - | 267d | 265d | 266d | - | 269d | 261d | 266d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.3% | - | 6.7% | 7.0% | 12.3% | - | 16.4% | 17.9% | 17.0% | - |
| Revenue CAGR (3y) | 10.4% | - | 12.9% | 13.4% | 13.8% | - | 13.3% | 13.4% | 11.8% | - |
| Revenue CAGR (5y) | 9.9% | - | 10.3% | 10.0% | 9.9% | - | 9.4% | 8.9% | 8.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 10.2% | - | 16.0% | 4.7% | 9.1% | - | 21.3% | 41.8% | 25.6% | - |
| Net income growth (YoY) | 8.7% | - | 14.4% | 6.6% | 11.1% | - | 22.0% | 39.1% | 44.4% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -38.4% | - | - | - | 36.6% | - | - | - | 124.1% | - |
| FCF CAGR (5y) | 19.5% | - | - | - | - | - | - | - | 33.0% | - |
| Book value growth (YoY) | 13.8% | 14.9% | 18.5% | 19.5% | 19.8% | 19.5% | 20.8% | 18.4% | 16.1% | 14.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.07B totalManagement Operations$4.07B · 100.0%
Product / service
$8.18B totalManagement Fee Revenue$3.21B · 39.2%
Policy Issuanceand Renewal Services$3.13B · 38.3%
Administrative Services$910.70M · 11.1%
Administrative Services Reimbursements$836.64M · 10.2%
Administrative Services Management Fee$74.06M · 0.9%
Service Agreement$24.75M · 0.3%
Peer comparison
Same SIC group: Insurance Agents, Brokers & Service
Comparing ERIE INDEMNITY CO against the 5 most active filers in the same SIC group.
Dividends
$5.66/share trailing 12 months · +7.1% YoY
| Ex-date | Per share |
|---|---|
| Apr 7, 2026 | $1.4630 |
| Jan 6, 2026 | $1.4630 |
| Oct 6, 2025 | $1.3650 |
| Jul 8, 2025 | $1.3650 |
| Apr 7, 2025 | $1.3650 |
| Jan 7, 2025 | $1.3650 |
| Oct 7, 2024 | $1.2750 |
| Jul 9, 2024 | $1.2750 |
| Apr 8, 2024 | $1.2750 |
| Jan 5, 2024 | $1.2750 |
| Oct 4, 2023 | $1.1900 |
| Jul 5, 2023 | $1.1900 |
| Apr 4, 2023 | $1.1900 |
| Jan 4, 2023 | $1.1900 |
| Oct 4, 2022 | $1.1100 |
| Jul 5, 2022 | $1.1100 |
| Apr 4, 2022 | $1.1100 |
| Jan 4, 2022 | $1.1100 |
| Oct 4, 2021 | $1.0350 |
| Jul 2, 2021 | $1.0350 |
| Apr 5, 2021 | $1.0350 |
| Jan 4, 2021 | $1.0350 |
| Dec 18, 2020 | $2.0000 |
| Oct 2, 2020 | $0.9650 |