YOLFTbeta
Erie Indemnity Company

Erie Indemnity Company

ERIE · NASDAQ · Financial Services / Insurance Brokers

274.73USD+4.73 (+1.75%)

Price History

Full chart

Market Stats

Previous Close270.00
Open272.43
Day Range271.84 – 277.78
52-Week Range203.47 – 325.07
Volume106.30K
Market Cap11.65B
P/E (TTM)20.24
Forward P/E26.74
EPS11.01
Dividend Yield2.67%
Beta0.30
50-Day Avg245.22
200-Day Avg250.77

About

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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance Brokers
  • CEOMr. Timothy Gerard NeCastro C.I.C., C.P.A.
  • Employees6.67K
  • Headquarters100 Erie Insurance Place, Erie, PA, United States, 16530, USA
  • Websitehttps://www.erieinsurance.com

Leadership

  • Mr. Timothy Gerard NeCastro C.I.C., C.P.A.President & CEO · b. 1960
  • Ms. Julie Marie Pelkowski C.P.A.Executive VP & CFO · b. 1970
  • Mr. Parthasarathy SrinivasaExecutive VP & Chief Information Officer · b. 1972
  • Mr. Brian William Bolash Esq.Executive VP, Corporate Secretary & General Counsel · b. 1966
  • Mr. Douglas Edward Smith C.P.C.U., FCAS, MAAAExecutive Vice President of Sales & Products · b. 1974
  • Mr. Bill MatrogranVice President of Construction Management & Operations
  • Mr. Ronald Steven Habursky C.F.A.Senior VP & Chief Investment Officer
  • Mr. Scott W. BeilharzVice President of Capital Management & Investor Relations
  • Mr. Charles Michael Fletcher C.I.C.Senior Vice President of Sales & Marketing
  • Mr. Sean David Dugan AU, C.I.C., C.P.C.U.Executive VP of Human Resources & Corporate Services · b. 1969

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue463.40M487.14M524.46M583.19M622.09M661.68M704.13M763.38M785.68M964.93M1.12B1.20B1.20B1.19B1.18B2.71B4.62B4.76B4.67B5.38B6.27B6.01B1.52B1.62B1.72B2.41B2.52B2.57B2.70B2.84B3.27B3.80B4.07B
Growth (%)-+5.12%+7.66%+11.20%+6.67%+6.36%+6.42%+8.42%+2.92%+22.81%+15.82%+7.61%-0.04%-0.91%-0.95%+129.59%+70.69%+2.98%-1.83%+15.10%+16.54%-4.15%-74.68%+6.25%+6.19%+40.25%+4.47%+2.10%+5.14%+5.14%+15.10%+16.10%+7.17%
Cost of Revenue-399.07M411.13M434.96M451.40M470.15M501.06M549.67M600.83M705.87M820.48M884.92M900.73M934.20M930.45M4.26B4.50B3.87B4.47B-3.48B4.70B5.27B1.07B1.30B1.40B2.04B2.12B2.20B2.61B2.46B2.75B3.12B3.43B
Gross Profit463.40M88.07M113.33M148.23M170.69M191.52M203.07M213.71M184.84M259.06M297.05M317.69M301.39M257.03M249.48M-1.55B124.33M893.00M209.00M5.38B1.57B6.01B1.52B1.62B1.72B2.41B2.52B2.57B2.70B376.21M520.26M676.46M640.80M
Gross Margin100.00%18.08%21.61%25.42%27.44%28.94%28.84%28.00%23.53%26.85%26.58%26.42%25.07%21.58%21.14%-57.07%2.69%18.75%4.47%100.00%24.99%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%13.25%15.92%17.82%15.76%
Operating Expense374.50M-16.94M-24.68M-3.82M-4.23M-4.83M-5.69M-4.73M2.74M3.65M2.00M-8.65M-38.06M-41.77M-59.69M-707.01M-399.67M-106.00M-149.00M4.94B7.00M5.59B1.26B1.30B1.40B2.04B2.73B2.84B2.99B000-78.72M
Operating Income88.90M105.02M138.01M152.05M174.92M196.36M208.75M218.45M182.10M255.40M295.05M326.35M339.46M298.80M309.17M-839.00M524.00M999.00M358.00M440.00M1.56B425.00M266.25M320.19M316.93M373.78M-212.93M-266.72M-286.12M376.21M520.26M676.46M719.52M
Operating Margin19.18%21.56%26.32%26.07%28.12%29.68%29.65%28.62%23.18%26.47%26.40%27.14%28.24%25.08%26.20%-30.97%11.33%20.98%7.66%8.18%24.88%7.07%17.49%19.80%18.45%15.52%-8.46%-10.38%-10.59%13.25%15.92%17.82%17.69%
EBITDA89.80M105.94M139.03M153.48M176.81M198.36M210.52M226.68M184.45M259.39M232.60M363.66M261.07M334.85M340.53M-802.07M533.00M1.01B362.00M440.00M1.58B425.00M266.25M320.19M316.93M373.78M-212.93M-266.72M-286.12M428.41M600.23M766.34M787.39M
EBITDA Margin19.38%21.75%26.51%26.32%28.42%29.98%29.90%29.69%23.48%26.88%20.81%30.24%21.72%28.11%28.86%-29.61%11.53%21.23%7.74%8.18%25.21%7.07%17.49%19.80%18.45%15.52%-8.46%-10.38%-10.59%15.08%18.36%20.19%19.36%
Net Income60.40M71.73M93.55M105.13M118.58M134.55M143.11M152.39M122.26M172.13M199.72M226.41M231.10M204.03M212.94M69.00M108.00M162.00M169.00M160.00M162.61M168.00M174.68M210.37M197.00M288.22M316.82M293.30M297.86M298.57M446.06M600.31M559.34M
Net Income Margin13.03%14.72%17.84%18.03%19.06%20.33%20.32%19.96%15.56%17.84%17.87%18.83%19.22%17.13%18.05%2.55%2.34%3.40%3.61%2.97%2.59%2.79%11.48%13.01%11.47%11.97%12.59%11.42%11.03%10.51%13.65%15.82%13.75%
R&D-----------------006.00M7.00M7.00M0000-0.150.140.130.17--
R&D as % of Total Revenue-----------------0.00%0.00%0.11%0.11%0.12%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%0.00%--
Interest Expense00025.79M32.91M000000000000000000101.00K1.24M2.46M856.00K731.00K4.13M2.01M00-
Interest Expense % of Total Revenue0.00%0.00%0.00%4.42%5.29%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.07%0.10%0.03%0.03%0.15%0.07%0.00%0.00%-

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets817.20M869.50M1.02B1.15B1.29B1.45B1.52B1.68B1.98B2.36B2.75B2.98B3.10B3.04B2.91B2.61B13.29B14.34B14.35B15.44B16.68B17.76B1.41B1.55B1.67B1.78B2.02B2.12B2.24B2.24B2.47B2.89B3.36B
Total Liabilities607.00M608.60M668.37M714.88M753.16M798.21M820.27M901.58M1.07B1.37B1.59B1.72B1.82B1.88B1.86B1.82B1.76B8.01B8.05B8.65B9.13B9.78B637.79M732.04M808.51M804.65M882.99M929.07M899.58M791.05M809.13M901.36M1.07B
Total Equity210.20M260.90M354.06M435.76M539.38M655.22M697.60M779.01M865.25M987.37M1.16B1.27B1.28B1.16B1.05B791.88M902.00M912.00M781.00M642.00M734.00M703.00M769.50M816.91M857.34M973.67M1.13B1.19B1.34B1.45B1.66B1.99B2.28B
Cash--56.86M18.72M53.15M53.58M24.21M38.78M88.21M85.71M87.19M50.06M31.67M60.24M31.07M61.07M76.50M430.00M185.00M400.00M452.00M514.00M182.89M189.07M215.72M266.42M336.74M161.24M183.70M142.09M144.06M274.84M315.69M
Total Debt2.40M----------------------235.32M302.85M99.73M119.78M95.86M93.83M122.50M112.25M7.51M-
Net Debt2.40M--56.86M-18.72M-53.15M-53.58M-24.21M-38.78M-137.02M-85.71M-87.19M-50.06M-31.67M-60.24M-31.07M-61.07M-76.50M-430.00M-185.00M-400.00M-452.00M-514.00M-182.89M-164.31M-140.99M-166.69M-216.96M-65.38M-89.87M-19.59M-144.06M-267.32M-315.69M

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow114.60M98.13M111.80M103.43M118.91M150.50M136.97M130.61M148.61M187.59M225.35M220.58M293.28M270.44M248.46M150.84M180.16M721.00M360.00M577.00M903.00M186.01M174.68M254.34M197.00M288.22M364.53M342.60M297.86M366.15M381.20M611.25M686.66M
Investing Cash Flow-95.70M-44.30M-89.43M-119.00M-58.83M-121.05M-79.95M-54.19M-52.20M-186.74M-149.85M-144.58M-153.58M61.58M50.14M73.48M-68.64M-405.00M-375.00M-85.00M-759.00M-5.10M622.00K-136.94M-74.66M-81.40M-124.63M-243.22M-185.49M-106.92M-157.56M-226.91M-439.33M
Financing Cash Flow-12.40M-16.40M-17.50M-22.50M-25.65M-29.02M-86.38M-66.59M-46.97M-52.15M-74.02M-109.17M-165.90M-303.44M-327.77M-194.32M-96.09M-120.00M-230.00M-277.00M-92.00M-138.22M-126.86M-111.21M-95.81M-131.49M-169.57M-274.87M-194.84M-300.84M-221.68M-230.00M-199.85M
Capital Expenditure2.20M400.00K100.00K3.03M2.18M4.26M4.64M1.34M3.13M3.73M2.66M2.69M2.00M4.94M08.28M16.25M33.00M11.00M33.00M42.00M19.47M12.56M25.21M28.93M56.30M102.04M55.53M148.80M67.20M92.65M124.84M115.69M
Free Cash Flow112.40M97.70M111.70M100.40M116.73M146.24M132.97M134.01M145.48M183.85M222.69M217.89M291.27M265.50M248.46M142.57M163.92M688.00M349.00M544.00M861.00M166.54M204.82M229.13M168.20M207.29M-102.04M-55.53M-148.80M298.95M288.56M486.40M570.97M
Dividends Paid11.10M13.90M17.55M22.50M25.65M29.02M32.05M35.20M39.32M43.67M49.02M55.12M81.93M86.09M91.06M92.00M93.00M98.00M102.00M229.00M84.00M118.53M126.86M135.99M145.76M156.47M167.65M272.90M192.80M206.77M221.68M237.51M254.28M
FCF to OCF98.08%99.56%99.91%97.07%98.17%97.17%97.08%102.60%97.90%98.01%98.82%98.78%99.32%98.17%100.00%94.51%90.98%95.42%96.94%94.28%95.35%89.53%117.26%90.09%85.38%71.92%-27.99%-16.21%-49.96%81.65%75.70%79.58%83.15%
Dividend Paid to FCF9.88%14.23%15.71%22.41%21.97%19.84%24.10%26.27%27.03%23.75%22.01%25.30%28.13%32.42%36.65%64.53%56.74%14.24%29.23%42.10%9.76%71.17%61.94%59.35%86.66%75.49%-164.30%-491.47%-129.57%69.17%76.82%48.83%44.53%

Earnings

Report DateApr 18, 1997Jul 16, 1997Oct 15, 1997Mar 31, 1998Jul 16, 1998Oct 15, 1998Feb 17, 1999Apr 16, 1999Jul 20, 1999Oct 20, 1999Feb 15, 2000Apr 19, 2000Jul 19, 2000Oct 20, 2000Feb 21, 2001Apr 19, 2001Jul 19, 2001Oct 24, 2001Feb 26, 2002Apr 22, 2002Jul 24, 2002Nov 5, 2002Feb 26, 2003Apr 24, 2003Jul 24, 2003Oct 29, 2003Feb 25, 2004Apr 22, 2004Jul 28, 2004Oct 27, 2004Feb 23, 2005Apr 25, 2005Aug 3, 2005Nov 2, 2005Feb 22, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Feb 26, 2007May 2, 2007Aug 1, 2007Oct 31, 2007Feb 27, 2008Apr 30, 2008Jul 30, 2008Nov 5, 2008Feb 26, 2009Apr 30, 2009Aug 5, 2009Oct 29, 2009Feb 25, 2010May 6, 2010Jul 29, 2010Nov 4, 2010Feb 24, 2011May 5, 2011Aug 2, 2011Nov 3, 2011Feb 27, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Feb 26, 2013Apr 29, 2013Aug 1, 2013Oct 31, 2013Feb 27, 2014May 1, 2014Jul 31, 2014Oct 30, 2014Feb 26, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Feb 25, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Feb 23, 2017May 1, 2017Jul 27, 2017Oct 26, 2017Feb 22, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 21, 2019May 2, 2019Jul 25, 2019Oct 24, 2019Feb 27, 2020May 7, 2020Jul 30, 2020Oct 29, 2020Feb 25, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 24, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Mar 1, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 26, 2024Apr 25, 2024Jul 25, 2024Oct 31, 2024Feb 24, 2025Apr 24, 2025Aug 7, 2025Oct 30, 2025Feb 23, 2026Apr 23, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.360.410.43-0.450.460.410.450.480.490.440.450.520.540.500.520.560.600.470.570.700.720.490.680.750.740.660.720.790.820.780.790.860.820.720.850.840.770.680.710.810.880.640.800.920.780.510.540.710.650.480.530.820.720.670.710.750.770.580.800.940.830.540.720.920.960.540.780.950.920.700.900.990.930.650.811.051.040.810.941.211.110.761.141.401.361.021.371.641.681.311.521.481.651.211.411.511.731.191.451.621.791.311.561.912.062.032.332.552.992.903.193.553.373.093.063.353.41
EPS Actual0.380.410.430.430.480.480.430.450.530.520.440.500.590.570.450.480.640.530.350.610.730.690.500.650.740.780.690.700.780.830.760.781.010.740.670.720.870.830.690.841.090.840.690.780.870.540.290.290.560.660.390.770.890.890.320.770.870.930.470.640.820.930.540.690.840.860.670.870.940.900.480.741.070.950.570.891.171.080.870.911.121.110.801.261.531.541.191.401.661.771.131.131.471.621.201.391.471.701.051.431.691.711.251.752.282.542.122.393.173.022.912.653.343.492.762.903.45-
Surprise5.56%0.00%0.00%-6.67%4.35%4.88%0.00%10.42%6.12%0.00%11.11%13.46%5.56%-10.00%-7.69%14.29%-11.67%-25.53%7.02%4.29%-4.17%2.04%-4.41%-1.33%5.41%4.55%-2.78%-1.27%1.22%-2.56%-1.27%17.44%-9.76%-6.94%-15.29%3.57%7.79%1.47%18.31%34.57%-4.55%7.81%-2.50%-5.43%-30.77%-43.14%-46.30%-21.13%1.54%-18.75%45.28%8.54%23.61%-52.24%8.45%16.00%20.78%-18.97%-20.00%-12.77%12.05%0.00%-4.17%-8.70%-10.42%24.07%11.54%-1.05%-2.17%-31.43%-17.78%8.08%2.15%-12.31%9.88%11.43%3.85%7.41%-3.19%-7.44%0.00%5.26%10.53%9.29%13.24%16.67%2.19%1.22%5.36%-13.74%-25.66%-0.68%-1.82%-0.83%-1.42%-2.65%-1.73%-11.76%-1.38%4.32%-4.47%-4.58%12.18%19.37%23.30%4.43%2.58%24.31%1.00%0.28%-16.93%-5.92%3.56%-10.64%-5.23%2.99%-
TimingPre-marketPre-marketPre-market--------------After-hoursAfter-hours-Pre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap11.65B
Enterprise Value11.63B
Trailing P/E20.24
Forward P/E26.74
PEG Ratio2.67
Price / Sales2.83
Price / Book4.97
EPS11.01
Book Value47.18
Revenue (TTM)4.12B
Gross Profit (TTM)737.55M
EBITDA834.97M
Profit Margin14.01%
Operating Margin19.10%
Return on Equity24.81%
Return on Assets14.15%
Shares Outstanding46.19M
Shares Float25.14M
Beta0.30
Dividend Yield2.67%
Dividend Rate5.85
Payout Ratio46.44%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 115.00
  • Strong Buy
    1

Ownership Breakdown

Institutions
45.98%
Insiders
45.46%
Retail / Other
8.56%

Top Institutional Holders

  • PNC Financial Services Group Inc
    4.91M9.39%
  • Vanguard Capital Management, LLC
    1.63M3.12%
  • BlackRock Inc
    1.58M3.02%
  • State Street Corp
    1.38M2.64%
  • Vanguard Portfolio Management, LLC
    1.11M2.11%
  • Amvescap Plc.
    996.55K1.91%
  • Geode Capital Management, LLC
    862.02K1.65%
  • Charles Schwab Investment Management Inc
    763.99K1.46%
  • ProShare Advisors LLC
    641.44K1.23%
  • Bank of America Corp
    479.78K0.92%
  • Morgan Stanley - Brokerage Accounts
    457.76K0.88%

Top Fund Holders

  • Invesco S&P 500® Equal Weight ETF
    814.80K1.56%
  • Vanguard MStar Total Stk Mkt Idx Invest
    809.06K1.55%
  • ProShares S&P 500 Dividend Aristocrats
    788.85K1.51%
  • Schwab US Dividend Equity ETF™
    693.85K1.33%
  • Vanguard 500 Index Investor
    674.68K1.29%
  • Vanguard Small Cap Index
    584.67K1.12%
  • iShares Core S&P 500 ETF
    339.26K0.65%
  • Vanguard MStar Small Cap Growth Indx Inv
    335.54K0.64%
  • Fidelity 500 Index
    328.50K0.63%

Dividends

20264×
1.46Oct 5, 20261.46Jul 7, 20261.46Apr 7, 20261.46Jan 6, 2026
20254×
1.36Oct 6, 20251.36Jul 8, 20251.36Apr 7, 20251.36Jan 7, 2025
20244×
1.27Oct 7, 20241.27Jul 9, 20241.27Apr 8, 20241.27Jan 5, 2024
20234×
1.19Oct 4, 20231.19Jul 5, 20231.19Apr 4, 20231.19Jan 4, 2023
20224×
1.11Oct 4, 20221.11Jul 5, 20221.11Apr 4, 20221.11Jan 4, 2022
20214×
1.03Oct 4, 20211.03Jul 2, 20211.03Apr 5, 20211.03Jan 4, 2021

Stock Splits

  • May 13, 19963:1