ERIE Q3 2022 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q3 2022 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$741M+7.8% YoY

Gross Profit

$106M14.4% margin

Operating Income

$106M14.4% margin

Net Income

$84M11.4% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$132M

Free Cash Flow

$109M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$821M

Stockholders' Equity

$1.4B

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$741M	$688M	+7.8%
Gross Profit	$106M	$95M	+12.0%
Operating Income	$106M	$95M	+12.0%
Net Income	$84M	$90M	-6.6%

Revenue Segments

Service Agreement

$6M100%