ERIE Q4 2021 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q4 2021 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$636M+4.4% YoY

Gross Profit

$62M9.7% margin

Operating Income

$62M9.7% margin

Net Income

$55M8.7% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

$139M

Free Cash Flow

$28M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$900M

Stockholders' Equity

$1.3B

Cash & Equivalents

$184M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$636M	$609M	+4.4%
Gross Profit	$62M	$65M	-4.9%
Operating Income	$62M	$65M	-4.9%
Net Income	$55M	$63M	-12.3%

Revenue Segments

Service Agreement

$6M100%