ERIE FY 2018 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

FY 2018 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2.4B+40.8% YoY

Gross Profit

$344M14.5% margin

Operating Income

$344M14.5% margin

Net Income

$288M12.1% margin

EPS (Diluted)

$4.93

Cash Flow

Operating Cash Flow

$264M

Free Cash Flow

$207M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$805M

Stockholders' Equity

$974M

Cash & Equivalents

$266M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$1.7B	+40.8%
Gross Profit	$344M	$290M	+18.6%
Operating Income	$344M	$290M	+18.6%
Net Income	$288M	$197M	+46.3%