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.
380.51 USD
-0.54 (-0.142%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
2.57B
2.7B
2.84B
3.27B
3.8B
4.19B
4.62B
5.1B
5.63B
6.21B
Revenue %
-
5.14
5.16
15.07
16.1
10.37
10.37
10.37
10.37
Ebitda
338.16M
318.1M
430.18M
600.23M
676.46M
638.89M
705.12M
778.22M
858.89M
947.93M
Ebitda %
13.16
11.78
15.14
18.36
17.82
15.25
15.25
15.25
15.25
Ebit
-1.85B
-2B
-2.05B
546.64M
757.28M
-1.52B
-1.68B
-1.85B
-2.04B
-2.26B
Ebit %
-72.18
-73.96
-71.99
16.72
19.95
-36.29
-36.29
-36.29
-36.29
Depreciation
2.19B
2.32B
2.48B
53.59M
-80.82M
2.16B
2.38B
2.63B
2.9B
3.2B
Depreciation %
85.34
85.74
87.13
1.64
-2.13
51.54
51.54
51.54
51.54
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
