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ERIE Q3 2023 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena
ERIE
Erie Indemnity Company
$11B
Q3 2023 Earnings
Financial Services
Insurance - Brokers
Income Statement
Revenue
$859M
+15.9% YoY
Gross Profit
$148M
17.3% margin
Operating Income
$148M
17.3% margin
Net Income
$131M
15.3% margin
EPS (Diluted)
$2.51
QoQ Revenue Growth
+2.3%
Cash Flow
Operating Cash Flow
$53M
Free Cash Flow
$26M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$2.4B
Total Liabilities
$783M
Stockholders' Equity
$1.6B
Cash & Equivalents
$103M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$859M
$741M
+15.9%
Gross Profit
$148M
$106M
+39.4%
Operating Income
$148M
$106M
+39.4%
Net Income
$131M
$84M
+55.4%
Revenue Segments
Policy Issuance and Renewal Services
$649M
99%
Service Agreement
$7M
1%
← FY 2023
All Quarters
Q4 2023 →