ERIEErie Indemnity Company

$11B

FY 2019 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2.5B+4.0% YoY

Gross Profit

$357M14.4% margin

Operating Income

$357M14.4% margin

Net Income

$317M12.8% margin

EPS (Diluted)

$6.06

Cash Flow

Operating Cash Flow

$365M

Free Cash Flow

$262M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$883M

Stockholders' Equity

$1.1B

Cash & Equivalents

$337M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.4B	+4.0%
Gross Profit	$357M	$344M	+3.8%
Operating Income	$357M	$344M	+3.8%
Net Income	$317M	$288M	+9.9%

ERIE FY 2019 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena