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Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Erie Indemnity manages and underwrites property-casualty insurance through a regional independent agency network, covering personal and commercial lines. Long-term growth may be supported by strong retention, disciplined underwriting, measured geographic expansion and investment income, and the company appears positioned to benefit from steady demand for insurance in its markets.
Principal risks include catastrophe and severe-weather losses, competitive pressure and technological disruption, investment-market and interest-rate volatility, and regulatory or reserving changes that could weaken profitability or capital.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 710.60M | 757.28M | 561.94M | 376.45M | 376.40M |
| Net income | 559.34M | 600.31M | 446.06M | 298.57M | 297.86M |
| Selling general administrative | 74.06M | 806.34M | 737.14M | 58.32M | 58.29M |
| Selling and marketing expenses | - | - | 704.58M | - | - |
| Gross profit | 640.80M | 676.46M | 520.26M | 2840.76M | 2701.31M |
| Reconciled depreciation | 76.78M | 63.91M | 53.59M | 51.72M | - |
| Ebit | 710.60M | 709.81M | 552.82M | 378.46M | 380.54M |
| Ebitda | 787.39M | 766.34M | 600.23M | 430.18M | -286.12M |
| Depreciation and amortization | 76.78M | 56.53M | 47.41M | 51.72M | - |
| Non operating income net other | - | - | - | 1.61M | 62.44M |
| Operating income | 719.52M | 676.46M | 520.26M | 378.46M | -286.12M |
| Other operating expenses | 3348.14M | 3118.66M | 2748.68M | 2464.30M | 2324.91M |
| Interest expense | - | 0.00M | 0.00M | 2.01M | 4.13M |
| Tax provision | 151.27M | 156.97M | 103.35M | 77.88M | 78.54M |
| Net interest income | - | 0.00M | 0.00M | -2.01M | -4.13M |
| Income tax expense | 151.27M | 156.97M | 115.88M | 77.88M | 78.54M |
| Total revenue | 4067.26M | 3795.11M | 3268.94M | 2840.76M | 2701.31M |
| Total operating expenses | -78.72M | 3105.12M | 2747.28M | -2462.30M | -2987.43M |
| Cost of revenue | 3426.86M | 3118.66M | 2748.68M | 2463.91M | 2609.93M |
| Total other income expense net | -8.92M | 80.82M | 41.68M | -2.01M | 662.52M |
| Net income from continuing ops | 559.34M | 600.31M | 400.62M | 298.57M | 297.86M |
| Net income applicable to common shares | - | - | - | 298.57M | 297.86M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 3355.48M | 2888.61M | 2510.61M | 2239.46M | 2242.06M |
| Other current assets | 30.19M | 107.46M | -860.87M | 87.50M | 62.51M |
| Total liab | 1072.11M | 901.36M | 847.77M | 791.05M | 899.58M |
| Total stockholder equity | 2283.37M | 1987.26M | 1662.84M | 1448.41M | 1342.48M |
| Deferred long term liab | - | - | - | 27.80M | 14.57M |
| Other current liab | 668.29M | 609.93M | -41.21M | -502.49M | -446.10M |
| Common stock | 2.17M | 2.17M | 2.17M | 2.17M | 2.17M |
| Capital stock | 2.17M | 2.17M | 2.17M | 2.17M | 2.17M |
| Retained earnings | 3462.82M | 3162.30M | 2803.69M | 2583.26M | 2495.19M |
| Other liab | - | - | - | 125.94M | 176.98M |
| Other assets | - | - | 38.64M | 167.07M | 132.21M |
| Cash | 315.69M | 274.84M | 144.06M | 142.09M | 183.70M |
| Total current liabilities | 916.55M | 802.51M | 708.98M | 502.49M | 446.10M |
| Current deferred revenue | 47.56M | 42.76M | 41.21M | 36.55M | 34.94M |
| Net debt | -315.69M | -267.32M | -144.06M | -142.09M | -89.87M |
| Short term debt | - | 7.51M | 533.36M | 300.03M | 2.10M |
| Short long term debt | - | - | - | 0.00M | 2.10M |
| Short long term debt total | - | 7.51M | - | - | 93.83M |
| Other stockholder equity | -1154.52M | -1152.61M | -1152.70M | -1129.61M | -1129.59M |
| Property plant equipment | - | - | - | 413.87M | 374.80M |
| Total current assets | 1133.11M | 1145.03M | 930.19M | 691.29M | 701.22M |
| Long term investments | 1455.59M | 1122.22M | 1045.49M | 930.93M | 966.37M |
| Net tangible assets | - | - | - | 1448.41M | 1342.48M |
| Short term investments | 37.34M | 44.60M | 82.02M | 24.27M | 38.40M |
| Net receivables | 749.90M | 718.13M | 634.80M | 524.94M | 479.12M |
| Long term debt | - | - | - | - | 91.73M |
| Inventory | - | - | 0.00M | -87.50M | -62.51M |
| Accounts payable | 200.70M | 185.07M | 175.62M | 465.94M | 409.06M |
| Accumulated other comprehensive income | -27.10M | -24.61M | 9.68M | -7.41M | -25.29M |
| Common stock total equity | - | - | - | 2.17M | 2.17M |
| Retained earnings total equity | - | - | - | 2583.26M | 2495.19M |
| Non currrent assets other | 138.69M | 147.64M | 146.57M | -14.07M | -1408.63M |
| Non current assets total | 2222.37M | 1743.58M | 1541.78M | 1381.10M | 1408.63M |
| Long term debt total | - | - | - | - | 91.73M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -301.00M | -226.91M | -137.66M | -41.51M | -36.69M |
| Change to liabilities | - | - | - | 20.81M | -8.00M |
| Total cashflows from investing activities | -439.33M | -226.91M | -157.56M | -106.92M | -185.49M |
| Net borrowings | - | 0.00M | 0.00M | -94.07M | -2.04M |
| Total cash from financing activities | -199.85M | -230.00M | -221.68M | -300.84M | -194.84M |
| Change to operating activities | - | - | - | -9.65M | 78.44M |
| Net income | 559.34M | 600.31M | 446.06M | 298.57M | 297.86M |
| Change in cash | 47.48M | 154.34M | 1.97M | -41.61M | 22.46M |
| Begin period cash flow | 298.40M | 144.06M | 142.09M | 183.70M | 161.24M |
| End period cash flow | 345.87M | 298.40M | 144.06M | 142.09M | 183.70M |
| Total cash from operating activities | 686.66M | 611.25M | 381.20M | 366.15M | 297.86M |
| Depreciation | 76.78M | 63.91M | 53.59M | 51.72M | 49.10M |
| Other cashflows from investing activities | -22.63M | -298.71M | -11.91M | 1.79M | - |
| Dividends paid | 254.28M | 237.51M | 221.68M | -206.77M | -192.80M |
| Change to account receivables | -31.77M | -81.72M | -100.40M | -45.81M | 15.51M |
| Other cashflows from financing activities | 54.42M | 7.51M | -157.56M | 55.00M | -185.49M |
| Change to netincome | - | - | - | -263.52M | -235.29M |
| Capital expenditures | 115.69M | 124.84M | 92.65M | 67.20M | 148.80M |
| Cash flows other operating | - | - | - | 629.68M | 638.09M |
| Cash and cash equivalents changes | - | - | - | -41.61M | 22.46M |
| Change in working capital | 31.29M | -60.89M | -148.43M | -34.65M | 5.90M |
| Stock based compensation | -94.79M | -94.86M | 12.20M | -1.46M | - |
| Other non cash items | 190.82M | 3.90M | 30.98M | 42.50M | -297.86M |
| Free cash flow | 570.97M | 486.40M | 288.56M | 298.95M | -148.80M |
Sector: Financial Services Industry: Insurance Brokers
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| ERIE Erie Indemnity Company |
-12.56 4.40% |
273.07 | 23.03 | 26.74 | 3.18 | 5.38 | 3.13 |
| MRSH Marsh & McLennan Companies, Inc. |
-4.61 2.20% |
204.82 | 22.03 | 15.87 | 3.07 | 5.67 | 3.82 |
| AON Aon PLC |
-9.59 2.78% |
334.81 | 19.50 | 17.61 | 4.19 | 7.68 | 4.95 |
| AJG Arthur J Gallagher & Co |
-6.50 2.26% |
281.61 | 41.13 | 17.09 | 4.21 | 2.74 | 4.93 |
| WTW Willis Towers Watson PLC |
-7.65 2.27% |
328.86 | 19.92 | 14.56 | 2.96 | 3.91 | 3.52 |
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
100 Erie Insurance Place, Erie, PA, United States, 16530
814 870 2000
6667
| Name | Title | Year Born |
|---|---|---|
| Mr. Timothy Gerard NeCastro C.I.C., CPA | Pres & CEO | 1960 |
| Mr. Gregory John Gutting CPA, C.P.C.U. | Exec. VP & CFO | 1963 |
| Mr. Douglas Edward Smith C.P.C.U., FCAS, MAAA | Exec. VP of Sales & Products | 1974 |
| Ms. Lorianne Feltz-Upperman C.P.C.U. | Exec. VP of Claims & Customer Service | 1970 |
| Mr. Bill Matrogran | VP of Construction Management & Operations | NA |
| Mr. Ronald Steven Habursky | Sr. VP & Chief Investment Officer | NA |
| Mr. Parthasarathy Srinivasa | Exec. VP & Chief Information Officer | 1972 |
| Mr. Scott W. Beilharz | VP of Capital Management & Investor Relations | NA |
| Mr. Brian William Bolash Esq. | Exec. VP, Corp. Sec. & Gen. Counsel | NA |
| Mr. Charles Michael Fletcher | Sr. VP of Sales & Marketing | NA |
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