ERIE
Erie IndemnityStock · FinancialsS&P 500 Equal Weight 0.2% · Nasdaq Composite 0.02% · S&P 500 0.009% · US Stock Market 0.008% · MSCI World 0.006% · MSCI ACWI 0.006%$239.05-2.19%
as of market close, Sep 18, 2026
☾ AH — —
ERIE financial statements
The full income statement, balance sheet, and cash-flow statement for Erie Indemnity (ERIE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 46.2M2024-09 46.2M2024-12 46.2M2025-03 46.2M2025-06 46.2M2025-09 46.2M2025-12 46.2M2026-03 46.2M2026-06 52.3M+13.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.07B+7.2% | 3.80B+16.1% | 3.27B+15.1% | 2.84B+7.8% | 2.63B+3.8% | |
| Total operating expenses | 3.35B+7.4% | 3.12B+13.5% | 2.75B+11.6% | 2.46B+6.4% | 2.32B+5.3% | |
| Operating income | 717M+6.0% | 676M+30.0% | 520M+38.3% | 376M+18.3% | 318M-5.9% | |
| Interest expense | — | 0.00 | 0.00-100.0% | 2.01M-51.4% | 4.13M+465.3% | |
| Other non-operating income | 8.56M-26.0% | 11.6M-9.0% | 12.7M+687.1% | 1.61M+133.0% | -4.89M-175.2% | |
| Equity-method income | — | — | — | — | 31.7M+5365.9% | |
| Gain (loss) on equity securities | 2.28M-53.0% | 4.85M+456.6% | 871K+106.6% | -13.2M-7017.2% | -186K-103.7% | |
| Pre-tax income | 711M-6.2% | 757M+34.8% | 562M+49.3% | 376M+0.0% | 376M+2.1% | |
| Income tax | 151M-3.6% | 157M+35.5% | 116M+48.8% | 77.9M-0.8% | 78.5M+4.4% | |
| Net income | 559M-6.8% | 600M+34.6% | 446M+49.4% | 299M+0.2% | 298M+1.6% | |
| Dividends per share | $5.50+7.1% | $5.14+7.1% | $4.80+7.2% | $4.48+7.2% | $4.17-29.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.20B+4.7% | 1.15B+23.1% | 930M+19.4% | 779M+2.0% | 764M+4.3% | ||
| Cash & equivalents | 346M+15.9% | 298M+107.1% | 144M+1.4% | 142M-22.7% | 184M+13.9% | |
| Accounts receivable | 736M+4.0% | 707M+13.1% | 625M+19.1% | 525M+9.6% | 479M-3.1% | |
| Prepaid expenses | 66.1M-21.3% | 83.9M+21.0% | 69.3M-12.5% | 79.2M+40.9% | 56.2M+6.9% | |
| 3.36B+16.2% | 2.89B+16.9% | 2.47B+10.4% | 2.24B-0.1% | 2.24B+5.9% | ||
| Deferred tax assets | — | — | — | 0.00-100.0% | 145K-98.8% | |
| Other non-current assets | 48.5M+12.0% | 43.3M+0.8% | 42.9M-0.8% | 43.3M-12.1% | 49.3M+22.9% | |
| 946M+17.8% | 803M+13.2% | 709M+6.6% | 665M+5.4% | 631M+0.5% | ||
| Accrued liabilities | 201M+5.6% | 190M+8.2% | 176M+5.9% | 166M+20.0% | 138M-8.2% | |
| Deferred revenue | 47.6M+11.2% | 42.8M+3.8% | 41.2M+12.8% | 36.5M+4.6% | 34.9M-5.4% | |
| Short-term & current debt | — | — | — | 0.00-100.0% | 2.10M+3.3% | |
| 1.07B+18.9% | 901M+11.4% | 809M+2.3% | 791M-12.1% | 900M-3.2% | ||
| Long-term debt | — | — | — | 0.00-100.0% | 91.7M-2.2% | |
| Deferred revenue (non-current) | 23.3M+9.9% | 21.2M+6.3% | 19.9M+11.3% | 17.9M+1.2% | 17.7M-6.3% | |
| Deferred tax liabilities | 24.8M+286.2% | 6.42M-44.1% | 11.5M-18.4% | 14.1M | 0.00 | |
| Other non-current liabilities | 23.0M-2.0% | 23.5M+8.8% | 21.6M-25.7% | 29.0M+102.3% | 14.3M+51.9% | |
| 2.28B+14.9% | 1.99B+19.5% | 1.66B+14.8% | 1.45B+7.9% | 1.34B+13.0% | ||
| Additional paid-in capital | 16.5M+0.2% | 16.5M+0.0% | 16.5M-0.1% | 16.5M-0.1% | 16.5M+0.1% | |
| Retained earnings | 3.46B+9.5% | 3.16B+12.8% | 2.80B+8.5% | 2.58B+3.5% | 2.50B+4.2% | |
| Treasury stock | 1.17B+0.2% | 1.17B-0.0% | 1.17B+0.0% | 1.17B+0.1% | 1.17B+0.4% | |
| Accumulated other comprehensive income | -52.0M-9.3% | -47.6M-255.2% | -13.4M-80.7% | -7.41M+70.7% | -25.3M+67.6% | |
| Total liabilities & equity | 3.36B+16.2% | 2.89B+16.9% | 2.47B+10.4% | 2.24B-0.1% | 2.24B+5.9% | |
| Common shares outstanding | 46.2M+0.0% | 46.2M+0.0% | 46.2M+0.0% | 46.2M+0.0% | 46.2M+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 687M+12.3% | 611M+60.3% | 381M+4.1% | 366M-9.1% | 403M+17.6% | ||
| Depreciation & amortization | 69.5M+22.9% | 56.5M+19.2% | 47.4M+3.3% | 45.9M+23.4% | 37.2M+75.5% | |
| Deferred income taxes | — | 4.03M+501.8% | -1.00M-110.6% | 9.47M+610.7% | -1.85M+64.1% | |
| -439M-93.6% | -227M-44.0% | -158M-47.4% | -107M+42.4% | -185M+23.7% | ||
| Capital expenditure | 116M-7.3% | 125M+34.8% | 92.6M+37.9% | 67.2M-54.8% | 149M+168.0% | |
| Free cash flow | 571M+17.4% | 486M+68.6% | 289M-3.5% | 299M+17.7% | 254M-11.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 189M-4.1% | 197M+156.7% | 76.6M-41.2% | 130M-29.4% | 185M+55.5% | |
| Proceeds from sale of PP&E | — | 0.00 | 0.00-100.0% | 265K | 0.00-100.0% | |
| -200M+13.1% | -230M-3.8% | -222M+26.3% | -301M-54.4% | -195M+29.1% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 254M+7.1% | 238M+7.1% | 222M+7.2% | 207M+7.2% | 193M-29.4% | |
| Net change in cash | 47.5M-69.2% | 154M+7754.6% | 1.97M+104.7% | -41.6M-285.3% | 22.5M+112.8% | |
| Interest paid | — | 0.00 | 0.00-100.0% | 2.13M-48.5% | 4.14M+497.5% | |
| Income taxes paid | 104M-34.9% | 160M+53.2% | 104M+29.5% | 80.6M-4.6% | 84.5M+2.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 13.2B-30.5% | 19.0B+23.1% | 15.5B+34.7% | 11.5B+29.1% | 8.90B-21.6% | |
| P/E | 23.7×-25.4% | 31.7×-17.9% | 38.6×-3.2% | 39.9×+33.5% | 29.9×-22.8% | |
| P/S | 3.3×-35.1% | 5.0×+2.2% | 4.9×+18.6% | 4.1×+22.5% | 3.4×-24.5% | |
| P/B | 5.8×-39.5% | 9.6×-0.2% | 9.6×+13.3% | 8.5×+27.8% | 6.6×-30.6% | |
| P/FCF | 23.2×-40.8% | 39.1×-31.1% | 56.8×+6.4% | 53.4×+52.3% | 35.0×-11.3% | |
| Earnings yield | 4.2%+34.0% | 3.2%+21.7% | 2.6%+3.3% | 2.5%-25.1% | 3.3%+29.5% | |
| FCF yield | 4.3%+68.8% | 2.6%+45.1% | 1.8%-6.0% | 1.9%-34.3% | 2.9%+12.8% | |
| Dividend yield | 1.9%+54.0% | 1.2%-13.0% | 1.4%-20.4% | 1.8%-16.9% | 2.2%-9.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ERIE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ERIE filings on SEC EDGAR → Not investment advice.