Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 3.86B | 3.31B | 2.85B | 2.67B | 2.57B |
Gross Profit | 3.80B | 560.53M | 387.29M | 353.73M | 371.02M |
EBITDA | 821.19M | 600.23M | 430.18M | 429.63M | 338.16M |
Net Income | 600.31M | 446.06M | 298.57M | 297.86M | 293.30M |
Balance Sheet | |||||
Total Assets | 2.89B | 2.47B | 2.24B | 2.24B | 2.12B |
Cash, Cash Equivalents and Short-Term Investments | 319.44M | 226.07M | 166.36M | 222.10M | 178.94M |
Total Debt | 7.51M | 112.25M | 122.50M | 93.83M | 95.86M |
Total Liabilities | 901.36M | 809.13M | 791.05M | 899.58M | 929.07M |
Stockholders Equity | 1.99B | 1.66B | 1.45B | 1.34B | 1.19B |
Cash Flow | |||||
Free Cash Flow | 486.40M | 288.56M | 298.95M | 253.99M | 287.07M |
Operating Cash Flow | 611.25M | 381.20M | 366.15M | 402.79M | 342.60M |
Investing Cash Flow | -226.91M | -157.56M | -106.92M | -185.49M | -243.22M |
Financing Cash Flow | -230.00M | -221.68M | -300.84M | -194.84M | -274.87M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $78.42B | 30.45 | 37.99% | 0.78% | 18.42% | -4.44% | |
73 Outperform | $16.71B | 30.79 | 32.38% | 1.52% | 15.05% | 26.80% | |
70 Outperform | $31.65B | 226.78 | 1.57% | 1.11% | 1.27% | -84.75% | |
68 Neutral | $73.40B | 43.15 | 9.49% | 0.86% | 15.03% | 28.86% | |
67 Neutral | $17.03B | 11.50 | 9.79% | 3.95% | 10.63% | 1.98% | |
67 Neutral | $100.24B | 24.47 | 28.33% | 1.65% | 9.22% | 3.05% | |
66 Neutral | $30.24B | 26.43 | 11.27% | 0.63% | 11.68% | -0.17% |
On July 29, 2025, Erie Indemnity Company‘s Board of Directors declared a quarterly dividend of $1.365 per share on its Class A common stock, payable on October 21, 2025. The company reported a net income of $174.7 million for the second quarter of 2025, an increase from $163.9 million in the same period in 2024. For the first half of 2025, net income was $313.1 million, up from $288.5 million in the first half of 2024. Operating income and management fee revenue both saw significant increases, driven by growth in direct and affiliated assumed written premium. Investment income also rose, contributing to the overall financial growth.
On July 7, 2025, Erie Indemnity Company announced the successful resumption of full business operations following an information security incident. After a thorough investigation by independent cybersecurity specialists, it was confirmed that no sensitive personal or financial data was compromised. The company expressed gratitude to its teams for their recovery efforts and reaffirmed its commitment to customer service.
On June 7, 2025, Erie Indemnity Company identified an information security event due to unusual network activity. The company promptly activated its incident response protocols, involved law enforcement, and engaged third-party cybersecurity experts to conduct a forensic analysis. The investigation is ongoing, and the full impact of the event is not yet determined.