image
Financial Services - Insurance - Brokers - NASDAQ - US
$ 405.0
-0.273 %
$ 18.7 B
Market Cap
38.35
P/E
INCOME STATEMENT
3.27 B REVENUE
15.07%
520 M OPERATING INCOME
37.47%
446 M NET INCOME
49.40%
EFFICIENCY
Earnings Waterfall Erie Indemnity Company
image
Revenue 3.27 B
Cost Of Revenue 2.75 B
Gross Profit 520 M
Operating Expenses 0
Operating Income 520 M
Other Expenses 74.2 M
Net Income 446 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009 Dec-2008 Dec-2007 Dec-2006 Dec-2005 Dec-2004 Dec-2003 Dec-2002 Dec-2001 Dec-2000 Dec-1999 Dec-1998 Dec-1997 Dec-1996 Dec-1995 Dec-1994 Dec-1993
REVENUE
Revenue 3 268.9 2 840.8 2 701.3 2 569.4 2 516.6 2 408.8 1 717.5 1 617.4 1 522.2 6 011.0 6 110.0 5 381.0 4 675.0 4 762.0 1 196.3 1 068.4 1 179.9 1 191.2 1 202.1 1 202.6 1 117.5 1 007.6 817.9 763.4 706.0 663.3 589.2 557.3 549.1 504.1 463.4
GROSS PROFIT
Cost Of Revenue 2 748.7 2 463.9 2 315.9 2 198.3 2 120.0 2 037.9 1 401.5 909.0 864.3 5 294.0 4 704.0 4 613.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 520.3 376.8 385.4 371.0 396.6 371.0 316.0 708.5 657.9 717.0 1 406.0 768.0 4 675.0 4 762.0 1 196.3 1 068.4 1 179.9 1 191.2 1 202.1 1 202.6 1 117.5 1 007.6 817.9 763.4 706.0 663.3 589.2 557.3 549.1 504.1 463.4
OPERATING INCOME
Operating Expenses 0 (2 462.3) (2 987.4) (2 836.1) (2 729.5) (2 035.0) (1 400.6) (1 297.2) (1 256.0) (5 586.0) (4 543.0) (4 941.0) (4 416.0) (4 261.0) 968.1 951.4 930.5 (892.4) (977.9) (871.1) (889.2) (750.6) (635.0) (539.4) (497.3) (466.9) (381.3) (379.4) (411.0) (399.1) (374.5)
Selling, General and Administrative Expenses 737.1 6.0 4.1 1.6 1.7 0.121 240.2 213.4 226.7 0 0 0 0 0 768.7 765.0 755.6 742.5 0 0 0 0 0 0 0 0 0 0 0 0 0
Research and Development Expenses 0 0.133 0.143 0.145 0.16 0.156 0.186 0.2 0 7.0 7.0 6.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 520.3 378.5 (286.1) (266.7) (212.9) 373.8 316.9 320.2 266.2 425.0 1 567.0 440.0 259.0 501.0 157.3 109.1 312.1 298.8 224.2 331.6 228.3 257.0 182.9 223.9 208.8 196.4 207.8 177.8 138.1 105.0 88.9
PRE-TAX INCOME
Interest Income Expense 0 2.0 4.1 0.7 0.9 2.5 1.2 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32.9 25.8 0 0 0
Total Other Income 41.7 0.2 58.3 30.4 609.6 (2.5) (1.2) (0.1) 33.7 (4.0) 0 0 (2.0) (28.0) (97.2) (63.8) 5.8 41.8 38.1 (28.7) 66.7 255.4 182.1 (5.5) 208.8 196.4 174.9 152.0 435.4 490.8 0
Pre-Tax Income 561.9 376.5 376.4 368.5 396.7 371.3 315.7 320.1 266.2 830.0 1 567.0 899.0 358.0 999.0 152.1 122.7 309.2 298.8 339.5 326.3 295.1 255.4 182.9 223.9 208.8 196.4 174.9 152.0 573.5 595.8 540.1
NET INCOME
Tax Provision 115.9 77.9 78.5 75.2 79.9 83.1 118.7 109.7 91.6 257.0 519.0 280.0 90.0 339.0 48.8 39.9 99.1 99.1 111.7 105.1 102.2 84.9 60.6 71.5 65.6 61.8 56.3 46.9 44.5 33.3 28.5
Net Income 446.1 298.6 297.9 293.3 316.8 288.2 197.0 210.4 174.7 168.0 163.0 160.0 169.0 162.0 108.5 69.2 212.9 204.0 231.1 226.4 199.7 172.1 122.3 152.4 143.1 134.6 118.6 105.1 93.6 71.7 60.4
EPS 9.66 6.41 6.4 6.3 6.8 4.93 4.23 4.52 3.75 3.59 3.46 3.38 3.45 3.18 2.1 1.34 3.8 3.45 3.69 3.54 3.09 2.68 1.71 2.12 1.95 1.81 1.59 1.41 1.26 0.96 0.27