ERIE Q3 2021 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q3 2021 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$688M+5.3% YoY

Gross Profit

$95M13.8% margin

Operating Income

$95M13.8% margin

Net Income

$90M13.1% margin

EPS (Diluted)

$1.72

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$136M

Free Cash Flow

$126M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$950M

Stockholders' Equity

$1.3B

Cash & Equivalents

$236M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$688M	$653M	+5.3%
Gross Profit	$95M	$96M	-1.2%
Operating Income	$95M	$96M	-1.2%
Net Income	$90M	$89M	+1.1%

Revenue Segments

Service Agreement

$6M100%