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	-22.36	-33.35	-32.56	-6.03	4.08
Operating Expenses	-22.36	-33.35	-32.56	-6.03	4.08
Operating Income	739.54	709.81	552.82	382.24	314.01
Interest Expense	-	-	-	-2.01	-4.13
Interest & Investment Income	85.84	70.16	44.57	28.59	62.18
Other Non Operating Income (Expenses)	-114.37	-23.13	-19.85	-4.42	-0.81
EBT Excluding Unusual Items	711.01	756.84	577.54	404.41	371.25
Gain (Loss) on Sale of Investments	-0.98	-0.9	-15.6	-27.95	5.16
Other Unusual Items	0.57	1.34	-	-	-
Pretax Income	710.6	757.28	561.94	376.45	376.4
Income Tax Expense	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)	52	52	52	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)	10.70	11.48	8.53	5.71	5.70
EPS (Diluted)	10.69	11.48	8.53	5.71	5.69
EPS Growth	-6.88%	34.58%	49.39%	0.35%	1.49%
Free Cash Flow	570.97	486.4	288.56	298.95	253.99
Free Cash Flow Per Share	10.92	9.30	5.52	5.72	4.86
Dividend 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	18.18%	18.70%	16.91%	13.46%	11.92%
Profit Margin	13.75%	15.82%	13.64%	10.51%	11.31%
Free Cash Flow Margin	14.04%	12.82%	8.83%	10.53%	9.64%
EBITDA	808.99	766.34	600.23	428.41	351.22
EBITDA Margin	19.89%	20.19%	18.36%	15.08%	13.33%
D&A For EBITDA	69.45	56.53	47.42	46.17	37.21
EBIT	739.54	709.81	552.82	382.24	314.01
EBIT Margin	18.18%	18.70%	16.91%	13.46%	11.92%
Effective Tax Rate	21.29%	20.73%	20.62%	20.69%	20.87%
Revenue as Reported	4,067	3,795	3,269	2,840	2,634

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q