FMP
Erie Indemnity Company
ERIE
NASDAQ
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 Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
364.31 USD
13.18 (3.62%)
ERIE Financial Statements
Year
2024
2023
2022
2021
Current Assets
1.15B
930.19M
778.8M
763.73M
Cash & Short Term Investments
343M
226.07M
166.36M
222.1M
Cash And Cash Equivalents
298.4M
144.06M
142.09M
183.7M
Short Term Investments
44.6M
82.02M
24.27M
38.4M
Net Receivables
707.06M
634.8M
524.94M
479.12M
Inventory
0
0
-9.72M
0
Other Current Assets
94.97M
67.79M
87.5M
0
Non-Current Assets
1.74B
1.54B
1.46B
1.48B
Property, Plant & Equipment
513.49M
442.61M
413.87M
374.8M
Goodwill And Intangible Assets
0
-49.53M
42.78M
1.41B
Goodwill
0
38.64M
42.78M
47.59M
Intangible Assets
0
-88.17M
0
1.36B
Long Term Investments
85.89M
963.48M
967.22M
1.03B
Tax Assets
0
49.53M
-67.05M
-1.45B
Other Non-Current Assets
1.14B
185.22M
36.79M
-1.34B
Other Assets
0
0
0
0
Total Assets
2.89B
2.47B
2.24B
2.24B
-
-
-
-
Current Liabilities
802.51M
708.98M
708.49M
669.92M
Accounts Payable
190.03M
170.89M
163.19M
136.29M
Short Term Debt
0
0
0
2.1M
Tax Payables
0
0
0
0
Deferred Revenue
0
0
0
0
Other Current Liabilities
0
100.59M
-616.53M
-583.29M
Total Current Liabilities
802.51M
708.98M
708.49M
669.92M
Total Non-Current Liabilities
98.84M
100.15M
125.94M
268.72M
Long-Term Debt
0
0
0
91.73M
Deferred Revenue
0
0
54.44M
0
Deferred Taxes Liabilities
6.42M
0
14.07M
0
Other Non Current liabilities
92.43M
100.15M
57.42M
176.98M
Total Liabilities
901.36M
809.13M
791.05M
899.58M
Other Liabilities
0
0
-43.38M
-39.06M
Stockholders Equity
1.99B
1.66B
1.45B
1.34B
Common Stock
2.17M
2.17M
2.17M
2.17M
Retained Earnings
3.16B
2.8B
2.58B
2.5B
Accumulated Other Comprehensive Income/Loss
-24.61M
9.68M
15.45M
-3.55M
Other Shareholders Equity
-1.15B
0
0
0
Total Liabilities and Stockholders Equity
2.89B
2.47B
2.24B
2.24B
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
2.8B
2.58B
2.5B
2.39B
Net Income
600.31M
446.06M
298.57M
297.86M
Stock Repurchases
0
0
0
0
Dividend Paid
-237.51M
-221.68M
-206.77M
-192.8M
Retained Earnings
3.16B
2.8B
2.58B
2.5B
Other Distributions
121.11M
-1.25M
-118.7M
-91.23M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
513.49M
442.61M
413.87M
374.8M
Annual Depreciation
63.91M
53.59M
51.72M
49.1M
Capital Expenditure
-124.84M
-92.65M
-67.2M
-148.8M
Net PPE
574.43M
481.67M
429.36M
474.5M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
-38.64M
-4.14M
-4.82M
-7.18M
Goodwill (Previous Year)
38.64M
42.78M
47.59M
54.77M
Goodwill
0
38.64M
42.78M
47.59M
All figures are in USD.
