ERIE FY 2011 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

FY 2011 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$4.7B-1.8% YoY

Gross Profit

$209M4.5% margin

Operating Income

$358M7.7% margin

Net Income

$169M3.6% margin

EPS (Diluted)

$3.08

Cash Flow

Operating Cash Flow

$360M

Free Cash Flow

$349M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.3B

Total Liabilities

$8.1B

Stockholders' Equity

$781M

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.8B	-1.8%
Gross Profit	$209M	$893M	-76.6%
Operating Income	$358M	$999M	-64.2%
Net Income	$169M	$162M	+4.3%