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ERIE Financials Erie Indemnity

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 9.9% per year over the past 5 years.
  • Net income has grown faster than revenue (13.8% vs 9.9% per year).
  • Operating margin has expanded, at 17.6% in the latest year.
  • Free cash flow has grown 14.7% per year over the past 5 years.

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 45.5% of earnings and 44.5% of free cash flow.
  • The dividend has declined 1.4% per year over the past 5 years.
Revenue & net income
$0 $2B $4B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 9% 18% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 15% 30% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $285M $571M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $173M $346M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$439M $124M $687M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $4.1B $559M 0.0% 17.6% 24.5% 16.7% $571M $346M
2024 $3.8B $600M 0.0% 17.8% 30.2% 20.8% $486M $298M
2023 $3.3B $446M 0.0% 15.9% 26.8% 18.0% $289M $144M
2022 $2.8B $299M 0.0% 13.2% 20.6% 13.3% $299M $0 $142M
2021 $2.6B $298M 0.0% 12.1% 22.2% 13.3% $254M $94M $184M
2020 $2.5B $293M 0.0% 13.3% 24.7% 13.9% $287M $96M $161M
2019 $2.5B $317M 0.0% 14.4% 28.0% 15.7% $262M $98M $337M
2018 $2.4B $288M 0.0% 14.5% 29.6% 16.2% $207M $100M $266M
2017 $1.7B $197M 0.0% 17.2% 23.0% 11.8% $168M $75M $216M
2016 $1.6B $210M 0.0% 18.4% 25.8% 13.6% $229M $25M $189M
2015 $175M 22.7% 12.4%
2014 $168M 23.8% 12.7%
2013 $163M 22.2% 1.0%
2012 $160M 24.9% 1.0%
2011 $169M 21.6% 1.2%

Valuation over time

How the market has priced ERIE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.0 0.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 23465.7 46931.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is ERIE growing its revenue and profit?

Over the past 5 years, Erie Indemnity's revenue has grown 9.9% per year, and net income grown 13.8% per year. These are computed facts, not advice.

How much debt does ERIE have?

As of FY2025, Erie Indemnity reported — of total debt against $346M of cash.

What is ERIE's profit margin?

In FY2025, gross margin was —, operating margin 17.6%, and net margin 13.8%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.