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

Erie Insurance market cap is $9 b, and annual revenue was $2.54 b in FY 2020

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-18.37(-9.44%)

$9 B

ERIE Mkt cap, 10-Jan-2022

$2.5 B

Erie Insurance Revenue FY, 2020

Erie Insurance Net income (FY, 2020)293.3 M

Erie Insurance EBIT (FY, 2020)338.2 M

Erie Insurance Cash, 31-Dec-2020161.2 M

Erie Insurance EV8.9 B

Erie Insurance Revenue Breakdown

Business Segment

Embed Graph

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

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Revenue	1.7b	2.4b	2.5b	2.5b
Revenue growth, %	6%	41%	4%
Operating expense total	215.7m	2.0b	2.1b
EBIT	288.4m	344.3m	357.3m	338.2m
EBIT margin, %	17%	14%	14%	13%
Interest expense	1.2m	2.5m	856.0k	731.0k
Investment income	28.6m	25.8m	40.0m	32.9m
Pre tax profit	315.7m	371.3m	396.7m	368.5m
Income tax expense	118.7m	83.1m	79.9m	75.2m
Net Income	197.0m	288.2m	316.8m	293.3m
EPS	3.8	5.5	6.1

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Revenue	572.2m	621.5m	612.1m	594.1m	647.7m	638.7m	616.7m	657.0m	653.5m
Operating expense total	494.6m	526.1m	515.4m	508.0m	551.1m	532.8m	531.0m	565.8m	557.3m
EBIT	77.6m	95.3m	96.7m	86.1m	96.6m	105.9m	85.7m	91.2m	96.2m
EBIT margin, %	14%	15%	16%	14%	15%	17%	14%	14%	15%
Interest expense	553.0k	602.0k	709.0k	449.0k	272.0k	111.0k	3.0k	2.0k	3.0k
Investment income	6.2m	6.2m	8.4m	9.8m	9.7m	13.6m	(3.7m)	11.6m	16.4m
Pre tax profit	83.2m	101.0m	104.5m	95.5m	106.0m	119.5m	76.1m	102.5m	111.7m
Income tax expense	17.5m	21.3m	24.0m	20.2m	18.3m	25.3m	16.8m	20.5m	22.5m
Net Income	65.8m	79.7m	80.4m	75.3m	87.8m	94.2m	59.3m	82.0m	89.2m
EPS	1.3	1.5	1.5	1.4	1.7	1.8	1.1	1.6	1.7

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Cash	215.7m	266.4m	336.7m	161.2m
Accounts Receivable	418.3m	449.9m	468.6m	494.6m
Prepaid Expenses	34.9m	36.9m	44.9m	49.9m
Current Assets	801.9m	1.2b	891.4m	732.3m
PP&E	88.1m	130.8m	221.4m
Total Assets	1.7b	1.8b	2.0b	2.1b
Accounts Payable	104.5m	111.3m	135.0m	150.7m
Dividends Payable	39.1m	41.9m	44.9m	48.2m
Short-term debt		1.9m	2.0m	2.0m
Current Liabilities	509.9m	547.1m	587.7m	627.7m
Long-term debt	74.7m	97.9m	95.8m	93.8m
Total Debt	74.7m	99.7m	97.8m	95.9m
Total Liabilities	808.5m	804.7m	883.0m	929.1m
Common Stock	2.2m	2.2m	2.2m	1.1b
Additional Paid-in Capital	16.5m	16.5m	16.5m	16.5m
Retained Earnings	2.1b	2.2b	2.4b	2.4b
Total Equity	857.3m	973.7m	1.1b	1.2b
Debt to Equity Ratio	0.1 x	0.1 x	0.1 x
Debt to Assets Ratio	0 x	0.1 x	0 x
Financial Leverage	1.9 x	1.8 x	1.8 x	1.8 x

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash	119.6m	198.4m	244.7m	312.0m	338.3m	344.9m	228.6m	257.7m	216.4m
Accounts Receivable	415.3m	445.2m	463.6m	456.1m	483.3m	498.0m	482.2m	506.7m	501.2m
Prepaid Expenses	43.1m	45.4m	44.0m	50.0m	42.3m	47.7m	58.7m	60.7m	52.0m
Current Assets	720.7m	828.1m	888.9m	962.4m	937.2m	934.9m	810.1m	859.2m	792.9m
PP&E	88.4m	94.7m	121.7m	144.7m	173.1m	194.2m	238.3m	246.6m	254.9m
Total Assets	1.6b	1.7b	1.8b	1.8b	1.9b	2.0b	2.0b	2.1b	2.2b
Accounts Payable	95.8m	97.1m	113.2m	123.2m	124.8m	131.5m	130.0m	137.7m	148.1m
Dividends Payable	39.1m	39.1m	39.1m	41.9m	41.9m	41.9m	44.9m	44.9m	44.9m
Short-term debt		925.0k	1.4m	1.9m	1.9m	2.0m	2.0m	2.0m	2.0m
Current Liabilities	447.6m	497.9m	544.5m	502.5m	535.4m	568.8m	541.7m	589.1m	606.5m
Long-term debt	74.7m	98.8m	98.3m	97.4m	96.9m	96.3m	95.3m	94.8m	94.3m
Total Debt	74.7m	99.7m	99.7m	99.3m	98.8m	98.3m	97.3m	96.8m	96.4m
Total Liabilities	733.3m	772.1m	838.5m	785.7m	826.2m	855.3m	840.5m	888.7m	912.1m
Common Stock	2.2m	2.2m	2.2m	2.2m	2.2m	2.2m	2.2m	2.2m	2.2m
Additional Paid-in Capital	16.5m	16.5m	16.5m	16.5m	16.5m	16.5m	16.5m	16.5m	16.5m
Retained Earnings	2.1b	2.2b	2.2b	2.3b	2.3b	2.4b	2.4b	2.4b	2.5b
Total Equity	840.2m	880.2m	921.0m	1.0b	1.1b	1.1b	1.1b	1.2b	1.2b
Debt to Equity Ratio	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x	0.1 x
Debt to Assets Ratio	0 x	0.1 x	0.1 x	0.1 x	0.1 x	0 x	0 x	0 x	0 x
Financial Leverage	1.9 x	1.9 x	1.9 x	1.8 x	1.8 x	1.8 x	1.8 x	1.7 x	1.7 x

Annual

USD	FY, 2017	FY, 2018	FY, 2019	FY, 2020
Cash From Operating Activities	197.1m	263.6m	364.5m	342.6m
Purchases of PP&E	(28.9m)	(56.3m)	(102.0m)	(55.5m)
Cash From Investing Activities	(74.7m)	(81.4m)	(124.6m)	(243.2m)
Long-term Borrowings	50.0m	25.0m	(1.9m)
Dividends Paid	(145.8m)	(156.5m)	(167.7m)	(272.9m)
Cash From Financing Activities	(95.8m)	(131.5m)	(169.6m)	(274.9m)
Net Change in Cash	26.6m	50.7m	70.3m	(175.5m)
Interest Paid	1.0m	2.4m	853.0k
Income Taxes Paid	106.3m	58.8m	72.8m

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash From Operating Activities	(40.2m)	41.6m	174.3m	24.2m	114.4m	237.9m	20.1m	127.3m	234.5m
Purchases of PP&E	(8.7m)	(18.1m)	(48.7m)	(17.4m)	(34.3m)	(68.4m)	(21.1m)	(37.4m)	(52.3m)
Cash From Investing Activities	(16.7m)	(5.7m)	(53.0m)	63.8m	42.2m	(32.2m)	(82.7m)	(115.4m)	(218.6m)
Long-term Borrowings	(9.0k)	25.0m	25.0m	(460.0k)	(962.0k)	(1.4m)	(481.0k)	(979.0k)	(1.5m)
Dividends Paid	(39.1m)	(78.2m)	(117.4m)	(41.9m)	(83.8m)	(125.7m)	(44.9m)	(89.9m)	(134.8m)
Cash From Financing Activities	(39.1m)	(53.2m)	(92.4m)	(42.4m)	(84.8m)	(127.2m)	(45.4m)	(90.9m)	(136.3m)
Net Change in Cash	(96.1m)	(17.3m)	29.0m	45.6m	71.8m	78.5m	(108.1m)	(79.0m)	(120.4m)
Interest Paid	550.0k	1.1m	1.8m	448.0k	719.0k	853.0k	14.0k	4.0k	5.0k
Income Taxes Paid	276.0k	208.0k	29.2m	(138.0k)	39.9m	60.9m	(375.0k)	25.6m	72.6m