ERIE FY 2016 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

FY 2016 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$1.6B+6.1% YoY

Gross Profit

$294M18.4% margin

Operating Income

$294M18.4% margin

Net Income

$210M13.2% margin

EPS (Diluted)

$4.01

Cash Flow

Operating Cash Flow

$254M

Free Cash Flow

$229M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$732M

Stockholders' Equity

$817M

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+6.1%
Gross Profit	$294M	$431M	-31.9%
Operating Income	$294M	$233M	+26.2%
Net Income	$210M	$175M	+20.4%