Erie Indemnity (ERIE)
Manages policy issuance, renewals and administration for Erie Insurance Exchange.
$234.89
vs last close−1.06 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 859 | 818 | 881 | 990 | 1,000 | 924 | 989 | 1,060 | 1,067 | 951 | 1,012 | 1,090 |
| Cost of revenue | 710 | 691 | 742 | 800 | 820 | 757 | 838 | 877 | 876 | 812 | 865 | 886 |
| Gross profit | 148 | 127 | 139 | 190 | 180 | 167 | 151 | 183 | 191 | 139 | 147 | 204 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | −17 | −19 | −19 | −19 | 0 | |
| 8 | 8 | 9 | 269 | 5 | 15 | 18 | 0 | 0 | 19 | 19 | 0 | |
| Selling & marketing | 0 | 0 | 0 | 17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 252 | 0 | 0 | 18 | 0 | 0 | 19 | 19 | 0 |
| Other expenses | −8 | −8 | −9 | −269 | −5 | −15 | −18 | −17 | −19 | −38 | −39 | 0 |
| Operating income | 148 | 127 | 139 | 190 | 180 | 167 | 151 | 200 | 210 | 158 | 166 | 204 |
| 15 | 13 | 18 | 17 | 21 | 24 | 23 | 21 | 23 | −75 | 24 | 24 | |
| Interest income | 14 | 14 | 15 | 15 | 17 | 18 | 18 | 20 | 20 | 22 | 22 | 0 |
| Other non-operating income | −8 | −8 | −9 | −9 | −5 | −15 | −6 | −21 | −23 | 75 | −24 | −24 |
| Income before tax | 164 | 140 | 157 | 207 | 201 | 192 | 175 | 221 | 233 | 82 | 190 | 228 |
| Income tax expense | 33 | 29 | 33 | 43 | 41 | 40 | 36 | 46 | 50 | 19 | 40 | 48 |
| Net income from continuing operations | 131 | 111 | 125 | 164 | 160 | 152 | 138 | 175 | 183 | 63 | 150 | 180 |
| Net income | 131 | 111 | 125 | 164 | 160 | 152 | 138 | 175 | 183 | 63 | 150 | 180 |
| EPS, basic | $2.81 | $2.38 | $2.67 | $3.52 | $3.43 | $3.26 | $2.97 | $3.75 | $3.93 | $1.36 | $3.23 | $3.87 |
| EPS, diluted | $2.51 | $2.11 | $2.38 | $3.13 | $3.06 | $2.91 | $2.65 | $3.34 | $3.47 | $1.20 | $2.86 | $3.45 |
| Weighted average shares, basic | 52 | 52 | 47 | 52 | 46 | 46 | 52 | 46 | 47 | 47 | 47 | 46 |
| Weighted average shares, diluted | 53 | 53 | 53 | 53 | 52 | 52 | 58 | 52 | 53 | 53 | 53 | 52 |
| EBITDA | 168 | 147 | 159 | 211 | 197 | 197 | 172 | 237 | 251 | 101 | 210 | 228 |
| Depreciation & amortization | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 16 | 18 | 19 | 20 | 0 |
| EBIT | 157 | 135 | 147 | 200 | 185 | 182 | 157 | 221 | 233 | 82 | 190 | 228 |
