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ERIE
Erie Indemnity Company
$11B
Q2 2020 Earnings
Financial Services
Insurance - Brokers
Income Statement
Revenue
$657M
+1.4% YoY
Gross Profit
$91M
13.9% margin
Operating Income
$91M
13.9% margin
Net Income
$82M
12.5% margin
EPS (Diluted)
$1.57
QoQ Revenue Growth
+6.5%
Cash Flow
Operating Cash Flow
$107M
Free Cash Flow
$91M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$2.1B
Total Liabilities
$889M
Stockholders' Equity
$1.2B
Cash & Equivalents
$258M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$657M
$648M
+1.4%
Gross Profit
$91M
$97M
-5.6%
Operating Income
$91M
$97M
-5.6%
Net Income
$82M
$88M
-6.6%
Revenue Segments
Service Agreement
$6M
100%
← FY 2020
All Quarters
Q3 2020 →
ERIE Q2 2020 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena