Erie Indemnity Company (ERIE) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Erie Indemnity financial statements at a glance

Erie Indemnity reported revenue of $4.15 billion for fiscal year 2025 (ended December 31, 2025), up 7.4% from fiscal year 2024. Net income was $559.34 million, a net margin of 13.5%.

At the end of fiscal year 2025 it had total assets of $3.36 billion, total liabilities of $1.07 billion and shareholders' equity of $2.28 billion, with cash and short-term investments of $353.02 million.

Its operations brought in $686.66 million of cash; capital spending was $115.69 million, leaving free cash flow of $570.97 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

ERIE logo

Erie Indemnity Company

ERIEUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
4.15B
Prev Year: 3.86B
YoY: +7.4%
Operating Revenue
4.15B
Net Investment Income
-
Prev Year: 67.69M
Other Operating Expenses
91.44M
Prev Year: -11.56M
YoY: +890.7%
Fee and Commission Expense
-
Prev Year: 2.31B
Other Income Expense
861.39M
Prev Year: 832.69M
YoY: +3.4%
Pre-tax Income
710.60M
Prev Year: 757.28M
YoY: -6.2%
Provision for Income Taxes
151.27M
Prev Year: 156.97M
YoY: -3.6%
Net Income Common Stockholders
559.34M
Prev Year: 600.31M
YoY: -6.8%
Net Income
559.34M
Prev Year: 600.31M
YoY: -6.8%
Net Income Including Non-Controlling Interests
559.34M
Prev Year: 600.31M
YoY: -6.8%
Net Income from Continuing Operations
559.34M
Prev Year: 600.31M
YoY: -6.8%
Diluted NI Available to Com Stockholders
559.34M
Prev Year: 600.31M
YoY: -6.8%
Basic EPS
-
Prev Year: 12.89
Total Expenses
3.44B
Prev Year: 3.11B
YoY: +10.7%
Diluted EPS
-
Prev Year: 11.48
Net Income from Continuing and Discontinued Operation
559.34M
Prev Year: 600.31M
YoY: -6.8%
Weighted Average Shares (basic)
-
Prev Year: 46.19M
Normalized Income
559.34M
Prev Year: 600.31M
YoY: -6.8%
Weighted Average Shares (diluted)
-
Prev Year: 52.31M
Reconciled Depreciation
76.78M
Prev Year: 63.91M
YoY: +20.1%
Net Income from Continuing Operation Net Minority Interest
559.34M
Prev Year: 600.31M
YoY: -6.8%
Tax Rate for Calcs
0.213
Prev Year: 0
EBIT
-
Prev Year: 757.28M
Selling General and Administrative
836.64M
Prev Year: 806.34M
YoY: +3.8%
General and Administrative Expense
836.64M
Prev Year: 806.34M
YoY: +3.8%
Other General and Administrative
836.64M
Prev Year: 806.34M
YoY: +3.8%
Interest Expense
-
Values in USD

Erie Indemnity key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$4.1B$3.9B$3.3B$2.9B$2.7B
Operating income–$757.3M$561.9M$378.5M$380.5M
Net income$559.3M$600.3M$446.1M$298.6M$297.9M
Diluted EPS–$11.48$8.53$5.71$5.69
Total assets$3.4B$2.9B$2.5B$2.2B$2.2B
Total liabilities$1.1B$901.4M$809.1M$791.0M$899.6M
Shareholders' equity$2.3B$2.0B$1.7B$1.4B$1.3B
Cash and short-term investments$353.0M––––
Total debt––––$93.8M
Operating cash flow$686.7M$611.2M$381.2M$366.2M$402.8M
Capital spending$115.7M$124.8M$92.6M$67.2M$148.8M
Free cash flow$571.0M$486.4M$288.6M$298.9M$254.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Erie Indemnity's revenue in fiscal year 2025?

$4.15 billion, up 7.4% from $3.86 billion in fiscal year 2024.

How much profit does Erie Indemnity make?

Erie Indemnity reported net income of $559.34 million for fiscal year 2025 (13.5% of revenue).

How much cash and debt does Erie Indemnity have?

At the end of fiscal year 2025: cash and short-term investments of $353.02 million.

What is Erie Indemnity's free cash flow?

$570.97 million in fiscal year 2025 (operating cash flow of $686.66 million minus capital spending of $115.69 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube