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Erie Indemnity Company (ERIE)

Nasdaq: ERIE · Insurance Agents, Brokers & Service · Erie, PA · filing with the SEC since 1995
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Grade6.8
◀ Past 7.3● Present 7.4▶ Future 5.5
1 est.
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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 23, 2026Feb 27, 2025Feb 26, 2024Mar 1, 2023Feb 24, 2022Feb 25, 2021Feb 27, 2020Feb 21, 2019Feb 22, 2018Feb 23, 2017
Revenue4,067,2583,795,1153,268,9402,840,1242,633,9772,536,4892,477,2982,382,2121,691,7741,596,631
For lenders
Interest and dividend income······34,46031,23426,15521,737
Interest and investment income84,86169,26028,968·67,33232,86739,96725,79628,592r27,839r
Provision for credit losses···0-15229700··
For insurers
Net investment income·69,26028,96863267,33232,86733,39930,20924,639r20,558r
Total operating expenses3,350,0743,118,6602,748,6842,463,9102,315,8802,198,3322,119,9592,037,8691,401,522r1,303,114r
Total costs and expenses·······14,50013,100·
Operating income717,184676,455520,256376,214318,097338,157357,339344,343290,252r293,517r
Interest expense·002,0094,1327318562,4601,238101
Share of profit of equity-method investments····31,701-602660-8222,8017,025
Other income (expense), net8,55811,56412,7121,615-4,893-1,7782553,641-1,911-1,164
Income before income taxes710,603757,279561,936376,452376,404368,515396,705371,320315,695320,091
Income tax expense151,268156,965115,87577,88378,54475,21179,88483,096118,696109,725
Net income559,335600,314446,061298,569297,860293,304316,821288,224196,999210,366
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNonoperating
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
SI Assistanton ERIE · research, not advice