Erie Indemnity Quarterly Income Statements Chart
Quarterly
|
Annual
Erie Indemnity Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| operating revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| management fee revenue - policy issuance and renewal services | 823,853,000 | 755,049,000 | 698,340,000 | 769,162,000 | 760,886,000 | 665,686,000 | 601,595,000 | 649,049,000 | 633,339,000 | 558,090,000 | 503,633,000 | 551,666,000 | 544,555,000 | 487,992,000 | 450,286,000 | 504,891,000 | 502,271,000 | 455,718,000 | 429,698,000 | 484,551,000 | 483,795,000 | 443,750,000 | 424,534,000 | 474,427,000 | 480,513,000 | 430,983,000 | 407,656,000 | 451,361,000 | 454,572,000 | 405,978,000 | |||||||||||||||||||
| management fee revenue - administrative services | 18,296,000 | 17,645,000 | 17,216,000 | 17,154,000 | 17,051,000 | 16,934,000 | 16,693,000 | 16,151,000 | 15,636,000 | 15,189,000 | 14,877,000 | 14,657,000 | 14,476,000 | 14,313,000 | 14,301,000 | 14,471,000 | 14,667,000 | 14,847,000 | 14,969,000 | 14,910,000 | 14,813,000 | 14,771,000 | 14,628,000 | 14,430,000 | 14,195,000 | 13,951,000 | 13,738,000 | 13,521,000 | 13,299,000 | 13,074,000 | |||||||||||||||||||
| administrative services reimbursement revenue | 212,644,000 | 210,273,000 | 201,987,000 | 206,754,000 | 206,028,000 | 191,567,000 | 192,728,000 | 187,118,000 | 184,466,000 | 172,827,000 | 175,613,000 | 168,653,000 | 160,675,000 | 163,327,000 | 165,350,000 | 162,410,000 | 157,190,000 | 153,533,000 | 158,206,000 | 147,710,000 | 151,965,000 | 151,554,000 | 150,705,000 | 142,730,000 | 146,095,000 | 142,480,000 | 147,694,000 | 140,172,000 | 146,507,000 | 145,963,000 | |||||||||||||||||||
| service agreement revenue | 5,304,000 | 6,432,000 | 6,547,000 | 6,816,000 | 6,473,000 | 6,514,000 | 6,651,000 | 6,620,000 | 6,429,000 | 6,359,000 | 6,512,000 | 6,260,000 | 6,437,000 | 6,478,000 | 5,994,000 | 6,067,000 | 5,902,000 | 6,079,000 | 6,379,000 | 6,310,000 | 6,446,000 | 6,662,000 | 6,873,000 | 7,155,000 | 6,907,000 | 6,692,000 | 7,380,000 | 7,072,000 | 7,080,000 | 7,145,000 | 7,368,000 | 7,278,000 | 7,245,000 | 7,258,000 | 7,444,000 | 7,267,000 | 7,219,000 | 7,270,000 | |||||||||||
| total operating revenue | 1,060,097,000 | 989,399,000 | 924,090,000 | 999,886,000 | 990,438,000 | 880,701,000 | 817,667,000 | 858,938,000 | 839,870,000 | 752,465,000 | 700,635,000 | 741,236,000 | 726,143,000 | 672,110,000 | 635,931,000 | 687,839,000 | 680,030,000 | 630,177,000 | 609,252,000 | 653,481,000 | 657,019,000 | 616,737,000 | 596,740,000 | 638,742,000 | 647,710,000 | 594,106,000 | 576,468,000 | 612,126,000 | 621,458,000 | 572,160,000 | 401,402,000 | 442,492,000 | 448,564,000 | 399,316,000 | 379,613,000 | 418,406,000 | 423,884,000 | 374,728,000 | |||||||||||
| operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||
| cost of operations - policy issuance and renewal services | 648,280,000 | 627,750,000 | 554,793,000 | 613,007,000 | 594,202,000 | 550,322,000 | 497,855,000 | 523,349,000 | 521,246,000 | 469,095,000 | 443,592,000 | 466,111,000 | 461,468,000 | 424,471,000 | 408,747,000 | 430,326,000 | 437,775,000 | 400,549,000 | 385,994,000 | 409,546,000 | 413,865,000 | 379,492,000 | 377,335,000 | 390,105,000 | 405,005,000 | 365,504,000 | 354,016,000 | 375,259,000 | 379,628,000 | 348,630,000 | |||||||||||||||||||
| cost of operations - administrative services | 212,644,000 | 210,273,000 | 201,987,000 | 206,754,000 | 206,028,000 | 191,567,000 | 192,728,000 | 187,118,000 | 184,466,000 | 172,827,000 | 175,613,000 | 168,653,000 | 160,675,000 | 163,327,000 | 165,350,000 | 162,410,000 | 157,190,000 | 153,533,000 | 158,206,000 | 147,710,000 | 151,965,000 | 151,554,000 | 150,705,000 | 142,730,000 | 146,095,000 | 142,480,000 | 147,694,000 | 140,172,000 | 146,507,000 | 145,963,000 | |||||||||||||||||||
| total operating expenses | 860,924,000 | 838,023,000 | 756,780,000 | 819,761,000 | 800,230,000 | 741,889,000 | 690,583,000 | 710,467,000 | 705,712,000 | 641,922,000 | 619,205,000 | 634,764,000 | 622,143,000 | 587,798,000 | 574,097,000 | 592,736,000 | 594,965,000 | 554,082,000 | 544,200,000 | 557,256,000 | 565,830,000 | 531,046,000 | 528,040,000 | 532,835,000 | 551,100,000 | 507,984,000 | 501,710,000 | 515,431,000 | 526,135,000 | 494,593,000 | 343,444,000 | 361,656,000 | 365,520,000 | 332,782,000 | 322,928,000 | 336,151,000 | 338,125,000 | 307,063,000 | |||||||||||
| operating income | 199,173,000 | 151,376,000 | 167,310,000 | 180,125,000 | 190,208,000 | 138,812,000 | 127,084,000 | 148,471,000 | 134,158,000 | 110,543,000 | 81,430,000 | 106,472,000 | 104,000,000 | 84,312,000 | 61,834,000 | 95,103,000 | 85,065,000 | 76,095,000 | 65,052,000 | 96,225,000 | 91,189,000 | 85,691,000 | 68,700,000 | 105,907,000 | 96,610,000 | 86,122,000 | 74,758,000 | 96,695,000 | 95,323,000 | 77,567,000 | 57,958,000 | 80,836,000 | 83,044,000 | ||||||||||||||||
| yoy | 4.71% | 9.05% | 31.65% | 21.32% | 41.78% | 25.57% | 56.07% | 39.45% | 29.00% | 31.11% | 31.69% | 11.95% | 22.26% | 10.80% | -4.95% | -1.17% | -6.72% | -11.20% | -5.31% | -9.14% | -5.61% | -0.50% | -8.10% | 9.53% | 1.35% | 11.03% | 28.99% | 19.62% | 14.79% | ||||||||||||||||||||
| qoq | 31.58% | -9.52% | -7.11% | -5.30% | 37.03% | 9.23% | -14.40% | 10.67% | 21.36% | 35.75% | -23.52% | 2.38% | 23.35% | 36.35% | -34.98% | 11.80% | 11.79% | 16.98% | -32.40% | 5.52% | 6.42% | 24.73% | -35.13% | 9.62% | 12.18% | 15.20% | -22.69% | 1.44% | 22.89% | 33.83% | -28.30% | -2.66% | |||||||||||||||||
| operating margin % | |||||||||||||||||||||||||||||||||||||||||||||||||
| investment income | |||||||||||||||||||||||||||||||||||||||||||||||||
| net investment income | 20,030,000 | 19,948,000 | 20,920,000 | 17,322,000 | 16,010,000 | 15,903,000 | 14,212,000 | 14,642,000 | 13,535,000 | 2,183,000 | 3,979,000 | 5,834,000 | 8,268,000 | 10,504,000 | 12,572,000 | 18,858,000 | 13,650,000 | 17,097,000 | 6,981,000 | 7,030,000 | 7,373,000 | 8,369,000 | 8,200,000 | 8,652,000 | 8,030,000 | 8,517,000 | 8,626,000 | 7,659,000 | 7,104,000 | 6,820,000 | 6,424,000 | 5,970,000 | 6,236,000 | 5,978,000 | 5,663,000 | 5,331,000 | 4,891,000 | 4,662,000 | -342,209,000 | 120,000,000 | 127,000,000 | 113,000,000 | 111,000,000 | 115,000,000 | 111,000,000 | 109,000,000 | 106,000,000 | 109,000,000 | 104,000,000 |
| net realized and unrealized investment gains | 479,000 | 502,000 | 246,000 | 2,925,000 | -1,795,000 | 1,853,000 | -3,453,000 | -6,230,000 | -10,324,000 | -7,279,000 | |||||||||||||||||||||||||||||||||||||||
| net impairment losses recognized in earnings | -909,000 | -914,000 | -361,000 | -698,000 | -388,000 | -2,677,000 | -479,250 | -113,000 | -171,000 | -1,633,000 | -86,000 | -122,000 | -17,000 | -3,053,000 | -2,000 | -31,000 | -84,000 | -78,000 | -935,000 | 0 | -646,000 | 0 | 0 | -61,000 | -121,000 | -71,000 | 0 | 0 | -345,000 | 6,442,000 | -4,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | -1,000,000 | 0 | 0 | -3,000,000 | -9,000,000 | -1,000,000 | |||||||||
| total investment income | 19,600,000 | 19,536,000 | 20,805,000 | 19,549,000 | 13,827,000 | 15,079,000 | 9,771,000 | 12,302,000 | 11,627,000 | -4,732,000 | 288,000 | -571,000 | -2,094,000 | 3,009,000 | 12,328,000 | 20,598,000 | 16,418,000 | 17,988,000 | 14,071,000 | 16,438,000 | 11,553,000 | -9,195,000 | 6,914,000 | 13,606,000 | 9,652,000 | 9,795,000 | 4,995,000 | 8,431,000 | 6,207,000 | 6,163,000 | 7,121,000 | 8,406,000 | 6,448,000 | 6,586,000 | 13,539,000 | 4,326,000 | 7,404,000 | 2,559,000 | |||||||||||
| other income | 1,974,000 | 3,834,000 | 3,693,000 | 1,168,000 | 3,292,000 | 3,411,000 | 3,069,000 | 3,001,000 | 3,305,000 | 3,337,000 | 243,000 | 562,000 | 337,000 | 473,000 | -6,501,000 | 541,000 | 548,000 | 519,000 | -190,000 | -964,000 | -258,000 | -366,000 | 60,000 | 100,000 | 48,000 | 47,000 | 3,485,000 | 54,000 | 58,000 | 44,000 | 5,750,000 | 7,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | ||||||||
| income before income taxes | 220,747,000 | 174,746,000 | 191,808,000 | 200,842,000 | 207,327,000 | 157,302,000 | 139,924,000 | 163,774,000 | 149,090,000 | 109,148,000 | 81,961,000 | 106,348,000 | 101,348,000 | 86,795,000 | 69,827,000 | 114,126,000 | 99,896,000 | 92,555,000 | 78,210,000 | 111,696,000 | 102,482,000 | 76,127,000 | 75,650,000 | 119,502,000 | 106,038,000 | 95,515,000 | 82,642,000 | 104,471,000 | 100,986,000 | 83,221,000 | 64,641,000 | 88,865,000 | 89,235,000 | 72,954,000 | 70,123,000 | 86,581,000 | 93,163,000 | 70,224,000 | |||||||||||
| income tax expense | 46,062,000 | 36,329,000 | 39,779,000 | 41,012,000 | 43,424,000 | 32,750,000 | 28,996,000 | 32,734,000 | 31,238,000 | 22,907,000 | 16,471,000 | 22,035,000 | 21,201,000 | 18,176,000 | 14,785,000 | 23,903,000 | 20,867,000 | 18,989,000 | 15,425,000 | 22,480,000 | 20,505,000 | 16,801,000 | 16,063,000 | 25,333,000 | 18,284,000 | 20,204,000 | 20,328,000 | 24,025,000 | 21,280,000 | 17,463,000 | 32,588,000 | 30,322,000 | 30,708,000 | 25,078,000 | 24,337,000 | 29,205,000 | 31,854,000 | 24,329,000 | |||||||||||
| net income | 174,685,000 | 138,417,000 | 152,029,000 | 159,830,000 | 163,903,000 | 124,552,000 | 110,928,000 | 131,040,000 | 117,852,000 | 86,241,000 | 65,490,000 | 84,313,000 | 80,147,000 | 68,619,000 | 55,042,000 | 90,223,000 | 79,029,000 | 73,566,000 | 62,785,000 | 89,216,000 | 81,977,000 | 59,326,000 | 59,587,000 | 94,169,000 | 87,754,000 | 75,311,000 | 62,314,000 | 80,446,000 | 79,706,000 | 65,758,000 | 32,053,000 | 58,543,000 | 58,527,000 | 47,876,000 | 45,786,000 | 57,376,000 | 61,309,000 | 45,895,000 | -191,322,000 | 33,000,000 | 197,000,000 | 136,000,000 | 253,000,000 | 108,000,000 | 103,000,000 | 109,000,000 | 314,000,000 | 267,000,000 | 177,000,000 |
| yoy | 6.58% | 11.13% | 37.05% | 21.97% | 39.08% | 44.42% | 69.38% | 55.42% | 47.04% | 25.68% | 18.98% | -6.55% | 1.41% | -6.72% | -12.33% | 1.13% | -3.60% | 24.00% | 5.37% | -5.26% | -6.58% | -21.23% | -4.38% | 17.06% | 10.10% | 14.53% | 94.41% | 37.41% | 36.19% | 37.35% | -29.99% | 2.03% | -4.54% | 4.32% | -123.93% | 73.87% | -68.88% | -66.25% | -175.62% | -69.44% | 91.26% | 24.77% | -19.43% | -59.55% | -41.81% | ||||
| qoq | 26.20% | -8.95% | -4.88% | -2.49% | 31.59% | 12.28% | -15.35% | 11.19% | 36.65% | 31.69% | -22.33% | 5.20% | 16.80% | 24.67% | -38.99% | 14.16% | 7.43% | 17.17% | -29.63% | 8.83% | 38.18% | -0.44% | -36.72% | 7.31% | 16.52% | 20.86% | -22.54% | 0.93% | 21.21% | 105.15% | -45.25% | 0.03% | 22.25% | 4.56% | -20.20% | -6.42% | 33.59% | -123.99% | -679.76% | -83.25% | 44.85% | -46.25% | 134.26% | 4.85% | -5.50% | -65.29% | 17.60% | 50.85% | |
| net income margin % | |||||||||||||||||||||||||||||||||||||||||||||||||
| net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||
| class a common stock – basic | 3.75 | 2.97 | 3.26 | 3.43 | 3.52 | 2.67 | 2.38 | 2.81 | 2.53 | 1.85 | 1.41 | 1.81 | 1.72 | 1.47 | 1.19 | 1.94 | 1.7 | 1.58 | 1.35 | 1.92 | 1.76 | 1.27 | 1.28 | 2.02 | 1.88 | 1.62 | 1.34 | 1.73 | 1.71 | 1.41 | 0.69 | 1.26 | 1.26 | 1.03 | 0.99 | 1.23 | 1.32 | 0.99 | 0.65 | 1.06 | 1.21 | 0.83 | 0.54 | 1.01 | 1.05 | 0.99 | 0.75 | 0.98 | 0.95 |
| class a common stock – diluted | 3.34 | 2.65 | 2.91 | 3.06 | 3.13 | 2.38 | 2.12 | 2.51 | 2.25 | 1.65 | 1.25 | 1.61 | 1.53 | 1.31 | 1.05 | 1.72 | 1.51 | 1.41 | 1.2 | 1.71 | 1.57 | 1.13 | 1.14 | 1.8 | 1.68 | 1.44 | 1.19 | 1.54 | 1.52 | 1.26 | 0.61 | 1.12 | 1.12 | 0.91 | 0.87 | 1.09 | 1.17 | 0.87 | 0.58 | 0.94 | 1.07 | 0.74 | 0.47 | 0.9 | 0.94 | 0.88 | 0.67 | 0.87 | 0.84 |
| class b common stock – basic and diluted | 563 | 446 | 361 | 515 | 528 | 401 | 358 | 422 | 380 | 278 | 211 | 272 | 258 | 221 | 177 | 291 | 255 | 237 | 264 | 191 | 243 | 212 | 154 | 148 | 125 | 158 | 149 | 101.5 | 147 | 142 | |||||||||||||||||||
| weighted-average shares outstanding – basic | |||||||||||||||||||||||||||||||||||||||||||||||||
| class a common stock | 46,189,063 | 46,188,903 | 6 | 46,189,059 | 46,189,042 | 46,189,014 | 19 | 46,189,037 | 46,189,026 | 46,188,819 | 38 | 46,189,025 | 46,188,845 | 46,188,761 | 77 | 46,189,035 | 46,188,289 | 46,188,860 | 115 | 46,189,030 | 46,187,808 | 46,188,789 | 69 | 46,189,006 | 46,188,994 | 46,188,337 | 115 | 46,188,941 | 46,188,705 | 46,187,908 | 722 | 46,188,949 | 46,180,852 | 46,188,522 | -19 | 46,188,980 | 46,188,867 | 46,189,068 | -2,397 | 46,189,068 | 46,189,068 | 46,189,068 | -19,818 | 46,189,068 | 46,214,153 | 46,402,270 | -47,320 | 46,656,911 | 46,693,333 |
| class b common stock | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | ||||||||||||
| weighted-average shares outstanding – diluted | |||||||||||||||||||||||||||||||||||||||||||||||||
| dividends declared per share | |||||||||||||||||||||||||||||||||||||||||||||||||
| net realized and unrealized investment losses | -2,311,500 | -2,227,000 | -1,737,000 | -5,282,000 | |||||||||||||||||||||||||||||||||||||||||||||
| interest expense | 115,000 | 895,000 | 999,000 | 1,050,000 | 1,034,000 | 1,039,000 | 1,009,000 | 723,000 | 3,000 | 2,000 | 3,000 | 24,000 | 111,000 | 272,000 | 449,000 | 596,000 | 709,000 | 602,000 | 553,000 | 438,000 | 377,000 | 257,000 | 166,000 | ||||||||||||||||||||||||||
| net impairment (losses) recoveries recognized in earnings | -238,000 | -175,000 | -38,000 | -216,000 | -1,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net realized investment gains | 1,295,750 | 1,610,000 | 2,769,000 | 804,000 | 4,757,000 | 5,915,000 | 6,526,000 | -10,806,000 | 602,000 | 1,696,000 | 1,302,000 | 2,503,000 | -1,513,000 | 0 | -32,000 | -465,000 | -205,000 | 899,000 | 124,000 | 516,000 | 643,000 | 718,000 | 399,000 | 243,492,000 | -292,000,000 | -7,000,000 | 56,000,000 | 89,000,000 | -85,000,000 | 133,000,000 | 56,000,000 | 270,000,000 | 191,000,000 | 61,000,000 | |||||||||||||||
| net impairment recoveries (losses) recognized in earnings | -7,000 | 130,000 | 87,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| equity in earnings (losses) of limited partnerships | -604,750 | 3,615,000 | 404,000 | 474,750 | 1,537,000 | 213,000 | |||||||||||||||||||||||||||||||||||||||||||
| class b common stock – basic | 185.5 | 287 | 191 | 303 | 283 | 200 | 259 | 257 | 104 | 189 | 189 | 148 | 185 | 197 | 97 | 160 | 181 | 81 | 151 | ||||||||||||||||||||||||||||||
| class b common stock – diluted | 185.5 | 287 | 192 | 303 | 283 | 201 | 259 | 257 | 103 | 189 | 188 | 148 | 185 | 197 | 97 | 159 | 180 | 81 | 151 | ||||||||||||||||||||||||||||||
| equity in (losses) earnings of limited partnerships | -2,329,000 | -219,000 | -192,000 | -69,750 | -1,723,000 | -670,000 | |||||||||||||||||||||||||||||||||||||||||||
| equity in losses of limited partnerships | -3,705,000 | -1,147,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| equity in earnings of limited partnerships | 636,500 | 3,289,000 | 90,250 | 772,000 | 149,000 | 2,114,000 | -126,017,000 | 43,000,000 | 72,000,000 | 28,000,000 | 2,000,000 | 34,000,000 | 27,000,000 | 50,000,000 | 49,000,000 | 37,000,000 | 39,000,000 | ||||||||||||||||||||||||||||||||
| management fee revenue | 394,034,000 | 435,214,000 | 441,319,000 | 392,058,000 | 372,169,000 | 411,139,000 | 416,665,000 | 367,458,000 | |||||||||||||||||||||||||||||||||||||||||
| commissions | 226,943,000 | 248,677,000 | 251,383,000 | 220,478,000 | 216,837,000 | 232,455,000 | 235,794,000 | 208,714,000 | |||||||||||||||||||||||||||||||||||||||||
| salaries and employee benefits | 59,168,000 | 60,499,000 | 60,774,000 | 59,740,000 | 51,777,000 | 53,265,000 | 55,025,000 | 53,289,000 | |||||||||||||||||||||||||||||||||||||||||
| all other operating expenses | 57,333,000 | 52,480,000 | 53,363,000 | 52,564,000 | 54,314,000 | 50,431,000 | 47,306,000 | 45,060,000 | |||||||||||||||||||||||||||||||||||||||||
| earnings per share | |||||||||||||||||||||||||||||||||||||||||||||||||
| net revenue from operations | 66,534,000 | 56,685,000 | 82,255,000 | 85,759,000 | 67,665,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net realized investment losses | -1,088,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| revenues | |||||||||||||||||||||||||||||||||||||||||||||||||
| premiums earned | 1,077,000,000 | 1,472,000,000 | 1,434,000,000 | 1,402,000,000 | 1,382,000,000 | 1,355,000,000 | 1,319,000,000 | 1,288,000,000 | 1,267,000,000 | 1,241,000,000 | 1,215,000,000 | ||||||||||||||||||||||||||||||||||||||
| total revenues | 1,145,750,000 | 1,346,000,000 | 1,632,000,000 | 1,605,000,000 | 1,589,000,000 | 1,426,000,000 | 1,598,000,000 | 1,511,000,000 | 1,697,000,000 | 1,577,000,000 | 1,426,000,000 | ||||||||||||||||||||||||||||||||||||||
| benefits and expenses | |||||||||||||||||||||||||||||||||||||||||||||||||
| insurance losses and loss expenses | 743,750,000 | 939,000,000 | 976,000,000 | 1,060,000,000 | 863,000,000 | 935,000,000 | 1,126,000,000 | 1,034,000,000 | 896,000,000 | 868,000,000 | 861,000,000 | ||||||||||||||||||||||||||||||||||||||
| policy acquisition and underwriting expenses | 269,000,000 | 367,000,000 | 361,000,000 | 348,000,000 | 349,000,000 | 341,000,000 | 325,000,000 | 321,000,000 | 331,000,000 | 311,000,000 | 302,000,000 | ||||||||||||||||||||||||||||||||||||||
| total benefits and expenses | 1,012,750,000 | 1,306,000,000 | 1,337,000,000 | 1,408,000,000 | 1,212,000,000 | 1,276,000,000 | 1,451,000,000 | 1,355,000,000 | 1,227,000,000 | 1,179,000,000 | 1,163,000,000 | ||||||||||||||||||||||||||||||||||||||
| income from operations before income taxes and noncontrolling interest | 133,000,000 | 40,000,000 | 295,000,000 | 197,000,000 | 377,000,000 | 150,000,000 | 147,000,000 | 156,000,000 | 470,000,000 | 398,000,000 | 263,000,000 | ||||||||||||||||||||||||||||||||||||||
| benefit from income taxes | 41,500,000 | 7,000,000 | 98,000,000 | 61,000,000 | 124,000,000 | 42,000,000 | 44,000,000 | 47,000,000 | 156,000,000 | 131,000,000 | 86,000,000 | ||||||||||||||||||||||||||||||||||||||
| less: net income attributable to noncontrolling interest in consolidated entity – exchange | 55,250,000 | -17,000,000 | 141,000,000 | 97,000,000 | 227,000,000 | 61,000,000 | 54,000,000 | 63,000,000 | 278,000,000 | 221,000,000 | 133,000,000 | ||||||||||||||||||||||||||||||||||||||
| net income attributable to indemnity | 36,250,000 | 50,000,000 | 56,000,000 | 39,000,000 | 26,000,000 | 47,000,000 | 49,000,000 | 46,000,000 | 36,000,000 | 46,000,000 | 44,000,000 | ||||||||||||||||||||||||||||||||||||||
| net income attributable to indemnity per share | |||||||||||||||||||||||||||||||||||||||||||||||||
| weighted-average shares outstanding attributable to indemnity – basic | |||||||||||||||||||||||||||||||||||||||||||||||||
| weighted-average shares outstanding attributable to indemnity – diluted |
We provide you with 20 years income statements for Erie Indemnity stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Erie Indemnity stock. Explore the full financial landscape of Erie Indemnity stock with our expertly curated income statements.
The information provided in this report about Erie Indemnity stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.