Erie Insurance (ERIE) stock price, revenue, and financials

Erie Insurance market cap is $13.5 b, and annual revenue was $2.48 b in FY 2019

$13.5 B

ERIE Mkt cap, 08-Feb-2021

$653.5 M

Erie Insurance Revenue Q3, 2020
Erie Insurance Net income (Q3, 2020)89.2 M
Erie Insurance EBIT (Q3, 2020)96.2 M
Erie Insurance Cash, 30-Sept-2020216.4 M
Erie Insurance EV13.4 B

Erie Insurance Revenue Breakdown

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Erie Insurance revenue breakdown by business segment: 73.1% from Management Fee - Policy Issuance and Renewal Services, 23.5% from Administrative Services Reimbursement and 3.4% from Other

Erie Insurance Income Statement

Erie Insurance Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

215.7m266.4m336.7m

Accounts Receivable

418.3m449.9m468.6m

Prepaid Expenses

34.9m36.9m44.9m

Current Assets

801.9m1.2b891.4m

PP&E

88.1m130.8m221.4m

Total Assets

1.7b1.8b2.0b

Accounts Payable

104.5m111.3m135.0m

Dividends Payable

39.1m41.9m44.9m

Short-term debt

1.9m2.0m

Current Liabilities

509.9m547.1m587.7m

Long-term debt

74.7m97.9m95.8m

Total Debt

74.7m99.7m97.8m

Total Liabilities

808.5m804.7m883.0m

Common Stock

2.2m2.2m2.2m

Additional Paid-in Capital

16.5m16.5m16.5m

Retained Earnings

2.1b2.2b2.4b

Total Equity

857.3m973.7m1.1b

Debt to Equity Ratio

0.1 x0.1 x0.1 x

Debt to Assets Ratio

0 x0.1 x0 x

Financial Leverage

1.9 x1.8 x1.8 x

Erie Insurance Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Cash From Operating Activities

197.1m263.6m364.5m

Purchases of PP&E

(28.9m)(56.3m)(102.0m)

Cash From Investing Activities

(74.7m)(81.4m)(124.6m)

Long-term Borrowings

50.0m25.0m(1.9m)

Dividends Paid

(145.8m)(156.5m)(167.7m)

Cash From Financing Activities

(95.8m)(131.5m)(169.6m)

Net Change in Cash

26.6m50.7m70.3m

Interest Paid

1.0m2.4m853.0k

Income Taxes Paid

106.3m58.8m72.8m

Erie Insurance Ratios

USDFY, 2017

Revenue/Employee

331.7k

Debt/Equity

0.1 x

Financial Leverage

1.9 x

Erie Insurance Operating Metrics

FY, 2017FY, 2018FY, 2019

Individual Life Insurance in Force

$241 m

Office Space, sq. ft.

637 k637 k665 k

Offices

25 25 25

Retention Rate

90%

Erie Insurance Human Capital

Job Roles

Y, 2019Y, 2018Y, 2017
Claims Related Services49.1 %49.1 %49.1 %
Other50.9 %50.9 %50.9 %

Erie Insurance Employee Rating

4.2292 votes
Culture & Values
4.3
Work/Life Balance
4.1
Senior Management
3.9
Salary & Benefits
4.1
Career Opportunities
3.9
Source