ERIE
Income statement / Annual
Last year (2024), Erie Indemnity Company's total revenue was $3.86 B,
an increase of 16.72% from the previous year.
In 2024, Erie Indemnity Company's net income was $600.31 M.
See Erie Indemnity Company,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$3.86 B |
$3.31 B |
$2.85 B |
$2.67 B |
$2.57 B |
$2.48 B |
$2.41 B |
$1.72 B |
$1.62 B |
$1.52 B |
| Cost of Revenue |
$3.12 B
|
$2.75 B
|
$2.46 B
|
$2.32 B
|
$2.20 B
|
$2.12 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$3.86 B
|
$3.31 B
|
$2.85 B
|
$2.67 B
|
$2.57 B
|
$357.34 M
|
$2.41 B
|
$1.72 B
|
$1.62 B
|
$1.52 B
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
0.14
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$806.34 M
|
$737.14 M
|
$668.27 M
|
$638.48 M
|
$609.44 M
|
$0.00
|
$580.34 M
|
$240.18 M
|
$213.36 M
|
$226.71 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$240.18 M
|
-$213.36 M
|
$0.00
|
| Selling, General & Administrative Expenses |
$806.34 M
|
$737.14 M
|
$668.27 M
|
$638.48 M
|
$609.44 M
|
$0.00
|
$580.34 M
|
$0.00
|
$0.00
|
$226.71 M
|
| Other Expenses |
$2.30 B
|
$2.01 B
|
$1.81 B
|
$1.65 B
|
$1.59 B
|
$0.00
|
$1.46 B
|
$1.40 B
|
$1.30 B
|
$1.03 B
|
| Operating Expenses |
$3.11 B
|
$2.75 B
|
$2.47 B
|
$2.29 B
|
$2.20 B
|
$0.00
|
$2.04 B
|
$1.40 B
|
$1.30 B
|
$1.26 B
|
| Cost And Expenses |
$3.11 B
|
$2.75 B
|
$2.47 B
|
$2.29 B
|
$2.20 B
|
$2.12 B
|
$2.04 B
|
$1.40 B
|
$1.30 B
|
$1.26 B
|
| Interest Income |
$65.07 M
|
$51.74 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$2.01 M
|
$4.13 M
|
$731.00 K
|
$856.00 K
|
$2.46 M
|
$1.24 M
|
$101.00 K
|
$0.00
|
| Depreciation & Amortization |
$63.91 M
|
$53.59 M
|
$51.72 M
|
$49.10 M
|
$34.30 M
|
$16.81 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| EBITDA |
$821.19 M |
$615.53 M |
$430.18 M |
$429.63 M |
$403.55 M |
$375.82 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| EBITDA Ratio |
0.21
|
0.19
|
0.15
|
0.16
|
0.16
|
0.15
|
0
|
0
|
0
|
0
|
| Operating Income Ratio |
0.2
|
0.17
|
0.13
|
0.14
|
0.14
|
0.16
|
0.15
|
0.18
|
0.2
|
0.17
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$757.28 M
|
$561.94 M
|
$376.45 M
|
$376.40 M
|
$368.52 M
|
$396.71 M
|
$371.32 M
|
$315.70 M
|
$320.09 M
|
$266.25 M
|
| Income Before Tax Ratio |
0.2
|
0.17
|
0.13
|
0.14
|
0.14
|
0.16
|
0.15
|
0.18
|
0.2
|
0.17
|
| Income Tax Expense |
$156.97 M
|
$115.88 M
|
$77.88 M
|
$78.54 M
|
$75.21 M
|
$79.88 M
|
$83.10 M
|
$118.70 M
|
$109.73 M
|
$91.57 M
|
| Net Income |
$600.31 M
|
$446.06 M
|
$298.57 M
|
$297.86 M
|
$293.30 M
|
$316.82 M
|
$288.22 M
|
$197.00 M
|
$210.37 M
|
$174.68 M
|
| Net Income Ratio |
0.16
|
0.13
|
0.1
|
0.11
|
0.11
|
0.13
|
0.12
|
0.11
|
0.13
|
0.11
|
| EPS |
12.89 |
9.58 |
6.41 |
6.4 |
6.3 |
6.8 |
4.93 |
4.23 |
4.52 |
3.75 |
| EPS Diluted |
11.48 |
8.53 |
5.71 |
5.69 |
5.61 |
6.06 |
4.93 |
3.76 |
4.01 |
3.33 |
| Weighted Average Shares Out |
$46.19 M
|
$46.19 M
|
$46.19 M
|
$46.19 M
|
$52.31 M
|
$52.29 M
|
$52.29 M
|
$52.39 M
|
$52.46 M
|
$52.46 M
|
| Weighted Average Shares Out Diluted |
$52.69 M
|
$52.68 M
|
$46.19 M
|
$46.19 M
|
$52.69 M
|
$58.42 M
|
$52.70 M
|
$58.44 M
|
$58.54 M
|
$58.60 M
|
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