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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$4.1B
$559M
0.0%
17.6%
$571M
—
$346M
2024
$3.8B
$600M
0.0%
17.8%
$486M
—
$298M
2023
$3.3B
$446M
0.0%
15.9%
$289M
—
$144M
2022
$2.8B
$299M
0.0%
13.2%
$299M
$0
$142M
2021
$2.6B
$298M
0.0%
12.1%
$254M
$94M
$184M
2020
$2.5B
$293M
0.0%
13.3%
$287M
$96M
$161M
2019
$2.5B
$317M
0.0%
14.4%
$262M
$98M
$337M
2018
$2.4B
$288M
0.0%
14.5%
$207M
$100M
$266M
2017
$1.7B
$197M
0.0%
17.2%
$168M
$75M
$216M
2016
$1.6B
$210M
0.0%
18.4%
$229M
$25M
$189M
2015
—
$175M
—
—
—
—
—
2014
—
$168M
—
—
—
—
—
2013
—
$163M
—
—
—
—
—
2012
—
$160M
—
—
—
—
—
2011
—
$169M
—
—
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.0B
$150M
0.0%
16.5%
$54M
—
$269M
Dec '25
$951M
$63M
0.0%
16.6%
$141M
—
$346M
Sep '25
$1.1B
$183M
0.0%
19.6%
$184M
—
$569M
Jun '25
$1.1B
$175M
0.0%
18.8%
$157M
—
$358M
Mar '25
$989M
$138M
0.0%
15.3%
$88M
—
$260M
Dec '24
$924M
$152M
0.0%
18.1%
$147M
—
$298M
Sep '24
$1000M
$160M
0.0%
18.0%
$171M
—
$221M
Jun '24
$990M
$164M
0.0%
19.2%
$103M
—
$171M
Mar '24
$881M
$125M
0.0%
15.8%
$65M
—
$145M
Dec '23
$818M
$111M
0.0%
15.5%
$128M
—
$144M
Sep '23
$859M
$131M
0.0%
17.3%
$26M
—
$103M
Jun '23
$840M
$118M
0.0%
16.0%
$106M
—
$143M
Mar '23
$752M
$86M
0.0%
14.7%
$29M
—
$122M
Dec '22
$701M
$65M
0.0%
11.6%
$112M
$0
$142M
Sep '22
$741M
$84M
0.0%
14.4%
$109M
$0
$98M
Jun '22
$726M
$80M
0.0%
14.3%
$70M
$40M
$90M
Mar '22
$672M
$69M
0.0%
12.5%
$8M
$93M
$141M
Dec '21
$636M
$55M
0.0%
9.7%
$28M
$94M
$184M
Sep '21
$688M
$90M
0.0%
13.8%
$126M
$94M
$236M
Jun '21
$680M
$79M
0.0%
12.5%
$77M
$95M
$156M
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.
The price-to-sales ratio has fallen from 0.0× (Mar '23) to 0.0× (Jun '26).
The dividend yield has risen from 35077.9% (Mar '23) to 43528.0% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
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.