ERIE Q4 2019 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q4 2019 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$597M+3.5% YoY

Gross Profit

$69M11.5% margin

Operating Income

$69M11.5% margin

Net Income

$60M10.0% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$93M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$883M

Stockholders' Equity

$1.1B

Cash & Equivalents

$337M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$597M	$576M	+3.5%
Gross Profit	$69M	$75M	-8.1%
Operating Income	$69M	$75M	-8.1%
Net Income	$60M	$62M	-4.4%

Revenue Segments

Service Agreement

$7M100%