Erie Indemnity Company (FRA:EI2)

Erie Indemnity Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	332.1	274.84	131.51	142.09	183.7	161.24
Short-Term Investments	59.16	44.6	82.02	24.27	38.4	17.72
Cash & Short-Term Investments	391.27	319.44	213.53	166.36	222.1	178.96
Cash Growth	91.48%	49.60%	28.36%	-25.10%	24.11%	-51.88%
Accounts Receivable	781.15	718.13	634.8	533.24	485.43	500.78
Receivables	795.69	718.13	702.58	602.71	485.43	500.78
Prepaid Expenses	56.59	83.9	1.53	9.73	56.21	52.56
Restricted Cash	25.92	23.56	12.54	-	-	-
Total Current Assets	1,269	1,145	930.19	778.8	763.73	732.3
Property, Plant & Equipment	519.83	513.49	442.61	413.87	374.8	265.34
Long-Term Investments	1,122	1,082	963.48	942.95	995.43	1,005
Long-Term Deferred Tax Assets	-	-	-	-	0.15	12.34
Other Long-Term Assets	132.37	59.04	69.95	43.3	49.27	40.08
Total Assets	3,128	2,889	2,472	2,239	2,242	2,117
Accounts Payable	193.03	185.07	170.89	163.19	136.29	149.95
Accrued Expenses	523.71	503.6	437.5	409.95	405.85	390.57
Short-Term Debt	35.16	7.51	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	2.1	2.03
Current Unearned Revenue	46.21	42.76	41.21	36.55	34.94	36.92
Other Current Liabilities	63.57	63.57	59.38	55.42	51.69	48.2
Total Current Liabilities	861.68	802.51	708.98	665.11	630.86	627.67
Long-Term Debt	-	-	-	-	91.73	93.83
Long-Term Unearned Revenue	22.59	21.17	19.91	17.9	17.69	18.88
Long-Term Deferred Tax Liabilities	0.48	6.42	11.48	14.08	-	-
Other Long-Term Liabilities	32.1	43.19	42.5	42.74	28.91	24.35
Total Liabilities	943.67	901.36	809.13	791.05	899.58	929.07
Common Stock	2.17	2.17	2.17	2.17	2.17	2.17
Additional Paid-In Capital	16.49	16.47	16.47	16.48	16.5	16.49
Retained Earnings	3,348	3,162	2,804	2,583	2,495	2,394
Treasury Stock	-1,170	-1,169	-1,169	-1,169	-1,168	-1,164
Comprehensive Income & Other	-12.05	-24.61	9.68	15.45	-3.55	-60.56
Total Common Equity	2,185	1,987	1,663	1,448	1,342	1,188
Shareholders' Equity	2,185	1,987	1,663	1,448	1,342	1,188
Total Liabilities & Equity	3,128	2,889	2,472	2,239	2,242	2,117
Total Debt	35.16	7.51	-	-	93.83	95.86
Net Cash (Debt)	356.11	311.93	213.53	166.36	128.27	83.09
Net Cash Growth	79.86%	46.08%	28.36%	29.70%	54.37%	-67.05%
Net Cash Per Share	6.81	5.96	4.08	3.18	2.45	1.59
Filing Date Shares Outstanding	52.29	52.29	52.29	52.29	52.29	52.29
Total Common Shares Outstanding	52.29	52.29	52.29	52.29	52.29	52.29
Working Capital	407.79	342.52	221.21	113.69	132.87	104.63
Book Value Per Share	41.78	38.00	31.80	27.70	25.67	22.72
Tangible Book Value	2,185	1,987	1,663	1,448	1,342	1,188
Tangible Book Value Per Share	41.78	38.00	31.80	27.70	25.67	22.72
Land	-	233.65	216.58	213.26	211.62	121.33
Machinery	-	75.07	68.39	65.22	63.99	58.42
Construction In Progress	-	127.92	87.27	63.32	34.57	47.28
Leasehold Improvements	-	1.38	1.38	1.39	1.34	1.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.