ERIE FY 2023 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

FY 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.3B+15.1% YoY

Gross Profit

$520M15.9% margin

Operating Income

$520M15.9% margin

Net Income

$446M13.6% margin

EPS (Diluted)

$8.53

Cash Flow

Operating Cash Flow

$381M

Free Cash Flow

$289M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$809M

Stockholders' Equity

$1.7B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.8B	+15.1%
Gross Profit	$520M	$376M	+38.3%
Operating Income	$520M	$376M	+38.3%
Net Income	$446M	$299M	+49.4%