Erie Indemnity Co (ERIE)
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.
- Symbol
- ERIE
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Market cap
- $11.81B
- 52 week range
- 204.63 - 330.54
Valuation
- Share price
- $225.77 (close of 2026-09-23)
- P/E (TTM)
- 18.71x
- Price to book
- 4.79x
- Price to free cash flow
- 21.34x
- Enterprise value
- $11.52B
- Book value per share
- $47.18
Price performance
| Period | Change |
|---|
| 1 day | -4.31% |
| 5 days | -9.91% |
| 1 month | -14.76% |
| 3 months | +2.10% |
| 6 months | -8.18% |
| Year to date | -21.24% |
| 1 year | -28.85% |
| 3 years | -22.18% |
| 5 years | +23.88% |
| 10 years | +124.67% |
| All time | +1296.23% |
Profitability and growth
- Return on equity
- 24.50%
- Return on invested capital
- 29.21%
- Return on assets
- 16.67%
- Return on capital employed
- 29.76%
- Gross margin
- 17.63%
- Net margin
- 13.75%
- EBITDA margin
- 19.34%
- Revenue growth
- 7.17%
- Net income growth
- -6.83%
- Free cash flow growth
- 17.38%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.68%
- Current ratio
- 1.25x
- Net debt to EBITDA
- -0.38x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $4.07B
- Cost of revenue
- $3.35B
- Gross profit
- $717.18M
- EBITDA
- $786.63M
- Net income
- $559.34M
- Earnings per share
- $12.01
- Shares outstanding
- 46.57M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $4.07B | $717.18M | $559.34M | $12.01 |
| 2024-12-31 | $3.80B | $676.46M | $600.31M | $12.89 |
| 2023-12-31 | $3.27B | $520.26M | $446.06M | $9.58 |
| 2022-12-31 | $2.84B | $376.21M | $298.57M | $6.41 |
| 2021-12-31 | $2.63B | $318.10M | $297.86M | $6.40 |
| 2020-12-31 | $2.54B | $338.16M | $293.30M | $6.30 |
| 2019-12-31 | $2.48B | $357.34M | $316.82M | $6.80 |
| 2018-12-31 | $2.38B | $344.34M | $288.22M | $6.19 |
| 2017-12-31 | $1.69B | $290.25M | $197.00M | $4.23 |
| 2016-12-31 | $1.60B | $293.52M | $210.37M | $4.52 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 17.63% | 13.75% | 24.50% | 29.21% |
| 2024-12-31 | 17.82% | 15.82% | 30.21% | 30.76% |
| 2023-12-31 | 15.92% | 13.65% | 26.83% | 26.63% |
| 2022-12-31 | 13.25% | 10.51% | 20.61% | 22.84% |
| 2021-12-31 | 12.08% | 11.31% | 22.19% | 19.12% |
| 2020-12-31 | 13.33% | 11.56% | 24.69% | 23.42% |
| 2019-12-31 | 14.42% | 12.79% | 27.96% | 31.02% |
| 2018-12-31 | 14.45% | 12.10% | 29.60% | 32.37% |
| 2017-12-31 | 17.16% | 11.64% | 22.98% | 26.59% |
| 2016-12-31 | 18.38% | 13.18% | 25.75% | 30.81% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $345.87M | - |
| 2024-12-31 | $298.40M | - |
| 2023-12-31 | $144.06M | - |
| 2022-12-31 | $142.09M | - |
| 2021-12-31 | $183.70M | $91.73M |
| 2020-12-31 | $161.24M | $93.83M |
| 2019-12-31 | $336.74M | $95.84M |
| 2018-12-31 | $266.42M | $97.86M |
| 2017-12-31 | $286.91M | $74.73M |
| 2016-12-31 | $245.21M | $24.77M |
Free cash flow by year
| Period end | Free cash flow |
|---|
| 2025-12-31 | $570.97M |
| 2024-12-31 | $486.40M |
| 2023-12-31 | $288.56M |
| 2022-12-31 | $298.95M |
| 2021-12-31 | $253.99M |
| 2020-12-31 | $287.07M |
| 2019-12-31 | $262.49M |
| 2018-12-31 | $207.29M |
| 2017-12-31 | $168.20M |
| 2016-12-31 | $229.13M |
Dividend history
- Most recent payment
- 2026-07-07
- Paid in the last twelve months
- $5.75
| Payment date | Dividend per share |
|---|
| 2026-07-07 | $1.46 |
| 2026-04-07 | $1.46 |
| 2026-01-06 | $1.46 |
| 2025-10-06 | $1.36 |
| 2025-07-08 | $1.36 |
| 2025-04-07 | $1.36 |
| 2025-01-07 | $1.36 |
| 2024-10-07 | $1.27 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-29
- Consensus EPS estimate
- $3.41
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | $3.35 |
| 2026-04-23 | - | - |
| 2026-02-23 | - | - |
| 2025-10-30 | - | - |
| 2025-08-07 | - | - |
| 2025-04-24 | - | - |
| 2025-02-27 | - | - |
| 2024-10-31 | - | - |
Filings and sources
- Company website
- erieinsurance.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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