Erie Indemnity Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,067	3,795	3,269	2,840	2,634
Revenue Growth (YoY)	7.17%	16.10%	15.10%	7.83%	3.84%
Cost of Revenue	3,350	3,119	2,749	2,464	2,316
Gross Profit	717.18	676.46	520.26	376.21	318.1
Selling, General & Admin	1,777	1,601	1,349	-	-
Other Operating Expenses	3,350	3,119	2,749	2,464	2,316
Total Operating Expenses	5,127	4,720	4,097	2,464	2,316
Operating Income	717.18	676.46	520.26	376.21	318.1
Interest Income	85.84	70.16	44.57	28.59	62.18
Interest Expense	-	-	-	-2.01	-4.13
Other Non-Operating Income (Expense)	-92.42	10.67	-2.89	-26.34	0.26
Total Non-Operating Income (Expense)	-6.58	80.82	41.68	0.24	58.31
Pretax Income	710.6	757.28	561.94	376.45	376.4
Provision for Income Taxes	151.27	156.97	115.88	77.88	78.54
Net Income	559.34	600.31	446.06	298.57	297.86
Net Income to Common	559.34	600.31	446.06	298.57	297.86
Net Income Growth	-6.83%	34.58%	49.40%	0.24%	1.55%
Shares Outstanding (Basic)	46	46	46	52	52
Shares Outstanding (Diluted)	52	52	52	52	52
Shares Change (YoY)	-0.00%	0.01%	0.00%	-0.02%	-0.01%
EPS (Basic)	12.01	12.89	9.58	6.41	6.40
EPS (Diluted)	10.69	11.48	8.53	5.71	5.69
EPS Growth	-6.88%	34.58%	49.39%	0.35%	1.43%
Free Cash Flow	570.97	486.4	288.56	298.95	253.99
Free Cash Flow Growth	17.39%	68.56%	-3.48%	17.70%	-11.52%
Free Cash Flow Per Share	10.92	9.30	5.52	5.72	4.86
Dividends Per Share	5.558	5.190	4.845	4.520	4.215
Dividend Growth	7.08%	7.12%	7.19%	7.24%	7.25%
Gross Margin	17.63%	17.82%	15.92%	13.25%	12.08%
Operating Margin	17.63%	17.82%	15.92%	13.25%	12.08%
Profit Margin	13.75%	15.82%	13.65%	10.51%	11.31%
FCF Margin	14.04%	12.82%	8.83%	10.53%	9.64%
EBITDA	717.18	676.46	520.26	376.21	318.1
EBIT	717.18	676.46	520.26	376.21	318.1
EBIT Margin	17.63%	17.82%	15.92%	13.25%	12.08%
Effective Tax Rate	21.29%	20.73%	20.62%	20.69%	20.87%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q