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
CF from Operating Activities
611.25M
381.2M
366.15M
402.79M
Net Income
600.31M
446.06M
298.57M
297.86M
Depreciation & Amortization
63.91M
53.59M
51.72M
49.1M
Deferred Income Taxes
4.03M
-1M
9.47M
-1.85M
Stock Based Compensation
0
0
0
0
Change in Working Capital
-60.89M
-148.43M
-34.65M
85.95M
Accounts Receivable
0
0
0
15.51M
Inventory
0
0
0
0
Accounts Payable
-7.52M
7.24M
18.99M
13.86M
Other Working Capital
-53.38M
-155.67M
-53.64M
56.58M
Other Non-Cash Items
3.9M
30.98M
41.04M
-28.26M
CF from Investing Activities
-226.91M
-157.56M
-106.92M
-185.49M
Investments in Property, Plant & Equipment
-124.84M
-92.65M
-67.2M
-148.8M
Net Acquisitions
0
0
0
0
Investment Purchases
0
-315.57M
-484.16M
-439.85M
Sales/Maturities of Investments
196.64M
262.56M
447.28M
400.17M
Other Investing Activites
-298.71M
-11.91M
-2.84M
3M
CF from Financing Activities
-230M
-221.68M
-300.84M
-194.84M
Debt Repayment
0
0
-94.07M
-2.04M
Common Stock Issued
0
0
0
0
Common Stock Repurchased
0
0
0
0
Dividends Paid
-237.51M
-221.68M
-206.77M
-192.8M
Other Financing Activites
7.51M
0
0
0
Free Cash Flow
486.4M
288.56M
298.95M
253.99M
Operating Cash Flow
611.25M
381.2M
366.15M
402.79M
Capital Expenditures
-124.84M
-92.65M
-67.2M
-148.8M
Cash at Beginning of Period
144.06M
142.09M
183.7M
161.24M
Cash at End of Period
298.4M
144.06M
142.09M
183.7M
Net Change In Cash
154.34M
1.97M
-41.61M
22.46M
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.
