ERIE Q3 2020 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q3 2020 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$653M+2.3% YoY

Gross Profit

$96M14.7% margin

Operating Income

$96M14.7% margin

Net Income

$89M13.7% margin

EPS (Diluted)

$1.71

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$107M

Free Cash Flow

$92M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$912M

Stockholders' Equity

$1.2B

Cash & Equivalents

$216M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$653M	$639M	+2.3%
Gross Profit	$96M	$106M	-9.1%
Operating Income	$96M	$106M	-9.1%
Net Income	$89M	$94M	-5.3%

Revenue Segments

Service Agreement

$6M100%