ERIE Q4 2024 Earnings — Erie Indemnity Company Revenue & Financial Results | Market Cap Arena

ERIEErie Indemnity Company

$11B

Q4 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$924M+13.0% YoY

Gross Profit

$167M18.1% margin

Operating Income

$167M18.1% margin

Net Income

$152M16.5% margin

EPS (Diluted)

$2.91

QoQ Revenue Growth

-7.6%

Cash Flow

Operating Cash Flow

$193M

Free Cash Flow

$147M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$901M

Stockholders' Equity

$2.0B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$924M	$818M	+13.0%
Gross Profit	$167M	$127M	+31.7%
Operating Income	$167M	$127M	+31.7%
Net Income	$152M	$111M	+37.1%

Revenue Segments

Policy Issuance and Renewal Services

$1.4B99%

Service Agreement

$13M1%