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

$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
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Erie Insurance Revenue Breakdown

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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

Erie Insurance Income Statement

Erie Insurance Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

215.7m266.4m336.7m161.2m

Accounts Receivable

418.3m449.9m468.6m494.6m

Prepaid Expenses

34.9m36.9m44.9m49.9m

Current Assets

801.9m1.2b891.4m732.3m

PP&E

88.1m130.8m221.4m

Total Assets

1.7b1.8b2.0b2.1b

Accounts Payable

104.5m111.3m135.0m150.7m

Dividends Payable

39.1m41.9m44.9m48.2m

Short-term debt

1.9m2.0m2.0m

Current Liabilities

509.9m547.1m587.7m627.7m

Long-term debt

74.7m97.9m95.8m93.8m

Total Debt

74.7m99.7m97.8m95.9m

Total Liabilities

808.5m804.7m883.0m929.1m

Common Stock

2.2m2.2m2.2m1.1b

Additional Paid-in Capital

16.5m16.5m16.5m16.5m

Retained Earnings

2.1b2.2b2.4b2.4b

Total Equity

857.3m973.7m1.1b1.2b

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 x1.8 x

Erie Insurance Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash From Operating Activities

197.1m263.6m364.5m342.6m

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

50.0m25.0m(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

26.6m50.7m70.3m(175.5m)

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

252525

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

4.2377 votes
Culture & Values
4.3
Work/Life Balance
4.1
Senior Management
3.9
Salary & Benefits
4.1
Career Opportunities
3.9
Source