ERIE Q4 2020 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q4 2020 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$609M+2.1% YoY

Gross Profit

$65M10.7% margin

Operating Income

$65M10.7% margin

Net Income

$63M10.3% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$105M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$929M

Stockholders' Equity

$1.2B

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$609M	$597M	+2.1%
Gross Profit	$65M	$69M	-5.3%
Operating Income	$65M	$69M	-5.3%
Net Income	$63M	$60M	+5.4%

Revenue Segments

Service Agreement

$6M100%