Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the…
Insurance - Brokers
US, Erie [HQ]
ERIE/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,196.00 | 4,762.00 | 4,675.00 | 5,381.00 | 6,110.00 | 6,011.00 | 1,522.00 | 1,617.00 | 1,717.00 | 2,408.00 | 2,516.00 | 2,569.00 | 2,701.00 | 2,840.00 | 3,259.00 | |
|
EPS
|
2.10 | 3.18 | 3.45 | 3.38 | 3.46 | 3.59 | 3.75 | 4.52 | 4.23 | 4.93 | 6.80 | 6.30 | 6.40 | 6.41 | 9.58 | |
| Diluted in mil. | 1.89 | 2.85 | 3.08 | 2.99 | 3.08 | 3.18 | 3.33 | 4.01 | 3.76 | 4.93 | 6.01 | 5.57 | 5.65 | 5.67 | 8.47 | |
|
Profit
|
1,196.00 | 4,762.00 | 4,675.00 | 768.00 | 1,406.00 | 717.00 | 657.00 | 708.00 | 316.00 | 370.00 | 396.00 | 371.00 | 385.00 | 376.00 | 511.00 | |
| Gross Margin | 100.00 | 100.00 | 100.00 | 14.27 | 23.01 | 11.93 | 43.22 | 43.80 | 18.40 | 15.40 | 15.76 | 14.44 | 14.27 | 13.27 | 15.68 | |
| Pre Tax | 152.00 | 999.00 | 358.00 | 899.00 | 1,567.00 | 830.00 | 266.00 | 320.00 | 315.00 | 371.00 | 396.00 | 368.00 | 376.00 | 376.00 | 561.00 | |
| Profit Margin | 12.71 | 20.98 | 7.66 | 16.71 | 25.65 | 13.81 | 17.49 | 19.79 | 18.38 | 15.41 | 15.76 | 14.34 | 13.93 | 13.25 | 17.24 | |
| ETR | 32.08 | 33.93 | 25.14 | 31.15 | 33.12 | 30.96 | 34.39 | 34.28 | 37.60 | 22.38 | 20.14 | 20.41 | 20.87 | 20.69 | 20.62 | |
| Net | 108.00 | 162.00 | 169.00 | 160.00 | 163.00 | 168.00 | 174.00 | 210.00 | 196.00 | 288.00 | 316.00 | 293.00 | 297.00 | 298.00 | 446.00 | |
| Profit Margin | 9.07 | 3.40 | 3.61 | 2.97 | 2.67 | 2.79 | 11.48 | 13.01 | 11.47 | 11.97 | 12.59 | 11.42 | 11.03 | 10.51 | 13.68 | |
| EBITDA | 195.00 | 513.00 | 263.00 | 440.00 | 703.00 | 425.00 | 266.00 | 320.00 | 316.00 | 373.00 | -212.00 | -266.00 | -286.00 | 430.00 | 568.00 | |
| EBITDA Margin | 16.32 | 10.77 | 5.63 | 8.18 | 11.51 | 7.07 | 17.49 | 19.80 | 18.45 | 15.52 | -8.46 | -10.38 | -10.59 | 15.14 | 17.42 | |
| Operating Income | 157.00 | 501.00 | 259.00 | 440.00 | 1,567.00 | 425.00 | 266.00 | 320.00 | 316.00 | 373.00 | -212.00 | -266.00 | -286.00 | 378.00 | 514.00 | |
| Operating Margin | 13.15 | 10.52 | 5.54 | 8.18 | 25.65 | 7.07 | 17.49 | 19.80 | 18.45 | 15.52 | -8.46 | -10.38 | -10.59 | 13.32 | 15.78 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 10.00 | 4.00 | 3.00 | 4.00 | 51.00 | |
| Loss | -1,044.00 | -3,763.00 | -4,317.00 | -4,482.00 | -4,543.00 | -5,181.00 | -1,255.00 | -1,297.00 | -1,401.00 | -2,037.00 | -2,119.00 | -2,200.00 | -2,324.00 | -2,464.00 | -2,745.00 | |
| Cost of Revenue | - - | - - | - - | -4,613.00 | -4,704.00 | -5,294.00 | -864.00 | -908.00 | -1,401.00 | -2,037.00 | -2,119.00 | -2,198.00 | -2,315.00 | -2,463.00 | -2,748.00 | |
|
Operating Expenses
|
-968.00 | -4,261.00 | -4,416.00 | -4,941.00 | -4,543.00 | -5,586.00 | -1,255.00 | -1,297.00 | -1,400.00 | -2,035.00 | -2,729.00 | -2,836.00 | -2,987.00 | -2,462.00 | -3.00 | |
| R&D | - - | - - | - - | -6.00 | -7.00 | -7.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | - - | - - | - - | - - | - - | -226.00 | -213.00 | -240.00 | - - | - - | - - | - - | - - | - - | |
| SG&A | -768.00 | - - | - - | - - | - - | - - | -226.00 | -213.00 | -240.00 | - - | -1.00 | -1.00 | -4.00 | -6.00 | -32.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -37.00 | -12.00 | -4.00 | -11.00 | -14.00 | -16.00 | -16.00 | -15.00 | -14.00 | -13.00 | -30.00 | -34.00 | -49.00 | -51.00 | -53.00 | |
| Interest Expenses | - - | - - | - - | - - | - - | - - | - - | - - | -1.00 | -2.00 | - - | - - | -4.00 | -2.00 | - - | |
| Other Expenses | -34.00 | -35.00 | -34.00 | -32.00 | -32.00 | -32.00 | -29.00 | -29.00 | -29.00 | -609.00 | -609.00 | -635.00 | -662.00 | -2.00 | -47.00 | |
|
WA Shares Outstanding
|
57.00 | 56.00 | 54.00 | 53.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 58.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | |
| Diluted | 63.00 | 62.00 | 61.00 | 59.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 |