Erie Indemnity Co (ERIE)

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$4.79 (-1.02%)Past Day

About

Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

Key Insights

  • Share Price

    $461.25
  • Market Cap

    $24.12 Billion
  • Total Outstanding Shares

    46.19 Million Shares
  • Total Employees

    6,556
  • Dividend

    $1.275 Per Share Quarterly
  • IPO Date

    October 2, 1995
  • SIC Description

    Insurance Agents, Brokers & Service
  • Homepage

    https://www.erieinsurance.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2023 to June 30, 2024
MetricValue
Net Cash Flow From Investing Activities, Continuing$-168.93 Million
Net Cash Flow, Continuing$27.64 Million
Net Cash Flow From Operating Activities$419.82 Million
Net Cash Flow From Operating Activities, Continuing$419.82 Million
Net Cash Flow From Financing Activities$-223.25 Million
Net Cash Flow From Financing Activities, Continuing$-223.25 Million
Net Cash Flow From Investing Activities$-168.93 Million
Net Cash Flow$27.64 Million

Income Statement

July 1, 2023 to June 30, 2024
MetricValue
Net Income/Loss Attributable To Parent$530.42 Million
Net Income/Loss$530.42 Million
Revenues$3.55 Billion
Operating Income/Loss$604.58 Million
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Benefits Costs and Expenses$2.88 Billion
Net Income/Loss Available To Common Stockholders, Basic$530.42 Million
Income/Loss From Continuing Operations After Tax$530.42 Million
Income/Loss From Continuing Operations Before Tax$668.33 Million
Operating Expenses$2.94 Billion
Preferred Stock Dividends And Other Adjustments$0.00
Net Income/Loss Attributable To Noncontrolling Interest$0.00
Income Tax Expense/Benefit$137.90 Million
Costs And Expenses$2.88 Billion

Balance Sheet

July 1, 2023 to June 30, 2024
MetricValue
Equity$1.83 Billion
Liabilities And Equity$2.69 Billion
Current Liabilities$772.27 Million
Liabilities$863.15 Million
Current Assets$1.02 Billion
Equity Attributable To Noncontrolling Interest$0.00
Equity Attributable To Parent$1.83 Billion
Noncurrent Assets$1.67 Billion
Assets$2.69 Billion
Noncurrent Liabilities$90.88 Million

Historical Dividends

Current dividend: $1.275 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Jul 23, 2024Oct 22, 2024Oct 7, 2024$1.275Quarterly
Apr 23, 2024Jul 23, 2024Jul 9, 2024$1.275Quarterly
Feb 22, 2024Apr 23, 2024Apr 9, 2024$1.275Quarterly
Dec 6, 2023Jan 23, 2024Jan 8, 2024$1.275Quarterly
Jul 25, 2023Oct 20, 2023Oct 5, 2023$1.19Quarterly
Apr 25, 2023Jul 20, 2023Jul 6, 2023$1.19Quarterly
Feb 16, 2023Apr 20, 2023Apr 5, 2023$1.19Quarterly
Dec 7, 2022Jan 20, 2023Jan 5, 2023$1.19Quarterly
Jul 26, 2022Oct 20, 2022Oct 5, 2022$1.11Quarterly
Apr 26, 2022Jul 20, 2022Jul 6, 2022$1.11Quarterly
Feb 17, 2022Apr 20, 2022Apr 5, 2022$1.11Quarterly
Dec 9, 2021Jan 20, 2022Jan 5, 2022$1.11Quarterly
Jul 27, 2021Oct 20, 2021Oct 5, 2021$1.035Quarterly
Apr 20, 2021Jul 20, 2021Jul 6, 2021$1.035Quarterly
Feb 18, 2021Apr 20, 2021Apr 6, 2021$1.035Quarterly
Dec 8, 2020Jan 20, 2021Jan 5, 2021$1.035Quarterly
Jul 28, 2020Oct 20, 2020Oct 5, 2020$0.965Quarterly
Apr 20, 2020Jul 21, 2020Jul 7, 2020$0.965Quarterly
Feb 20, 2020Apr 21, 2020Apr 6, 2020$0.965Quarterly
Dec 13, 2019Jan 22, 2020Jan 7, 2020$0.965Quarterly
Jul 23, 2019Oct 22, 2019Oct 7, 2019$0.9Quarterly
Apr 30, 2019Jul 23, 2019Jul 9, 2019$0.9Quarterly
Feb 14, 2019Apr 23, 2019Apr 8, 2019$0.9Quarterly
Dec 4, 2018Jan 23, 2019Jan 8, 2019$0.9Quarterly
Jul 24, 2018Oct 23, 2018Oct 9, 2018$0.84Quarterly
Apr 24, 2018Jul 20, 2018Jul 6, 2018$0.84Quarterly
Feb 15, 2018Apr 20, 2018Apr 6, 2018$0.84Quarterly
Dec 5, 2017Jan 23, 2018Jan 8, 2018$0.84Quarterly
Jul 25, 2017Oct 20, 2017Oct 5, 2017$0.7825Quarterly
Apr 25, 2017Jul 20, 2017Jul 6, 2017$0.7825Quarterly
Feb 16, 2017Apr 20, 2017Apr 5, 2017$0.7825Quarterly
Dec 7, 2016Jan 20, 2017Jan 5, 2017$0.7825Quarterly
Jul 26, 2016Oct 20, 2016Oct 5, 2016$0.73Quarterly
Apr 19, 2016Jul 20, 2016Jul 6, 2016$0.73Quarterly
Feb 18, 2016Apr 20, 2016Apr 6, 2016$0.73Quarterly
Dec 2, 2015Jan 20, 2016Jan 5, 2016$0.73Quarterly
Jul 29, 2015Oct 20, 2015Oct 5, 2015$0.681Quarterly
Apr 21, 2015Jul 21, 2015Jul 7, 2015$0.681Quarterly
Feb 19, 2015Apr 21, 2015Apr 7, 2015$0.681Quarterly
Dec 2, 2014Jan 21, 2015Jan 6, 2015$0.681Quarterly
Jul 30, 2014Oct 17, 2014Oct 2, 2014$0.635Quarterly
Apr 15, 2014Jul 18, 2014Jul 3, 2014$0.635Quarterly
Feb 20, 2014Apr 22, 2014Apr 7, 2014$0.635Quarterly
Dec 3, 2013Jan 22, 2014Jan 7, 2014$0.635Quarterly
Jul 31, 2013Oct 18, 2013Oct 4, 2013$0.5925Quarterly
Apr 17, 2013Jul 19, 2013Jul 5, 2013$0.5925Quarterly
Feb 21, 2013Apr 19, 2013Apr 5, 2013$0.5925Quarterly
Nov 19, 2012Dec 21, 2012Dec 7, 2012$0.5925Quarterly
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