ERIE Q4 2018 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q4 2018 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$576M+43.6% YoY

Gross Profit

$75M13.0% margin

Operating Income

$75M13.0% margin

Net Income

$62M10.8% margin

EPS (Diluted)

$1.19

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$89M

Free Cash Flow

$82M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$805M

Stockholders' Equity

$974M

Cash & Equivalents

$266M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$576M	$401M	+43.6%
Gross Profit	$75M	$59M	+27.5%
Operating Income	$75M	$59M	+27.5%
Net Income	$62M	$32M	+94.4%

Revenue Segments

Service Agreement

$7M100%