Erie Indemnity Company (ERIE)

From the record

Erie Indemnity Company's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Erie Indemnity Company's 10 filed years say what it did: revenue went from $1.6 billion in fiscal 2016 to $4.1 billion in fiscal 2025, up 10.9% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Erie Indemnity Company earned about 24 cents of profit for every dollar of shareholders' money. Leverage: it owed about 32 cents per dollar of assets (the filed statements).

From the record

Erie Indemnity Company's standing among 30 graded names in its industry family: revenue of $4.1 billion in fiscal 2025 ranks in the top 27% by size; a net margin of 13.8% ranks in the top 32%; revenue growth of 12.7% a year over the last 3 filed years ranks in the bottom 48% (its annual reports).

From the record

Erie Indemnity Company's leadership, from its insiders' filings and its current reports: the chief executive on the record is Necastro, Timothy G (President & CEO, as filed), filing under that title since 2017-05-17, 9.5 years (top 17% of its family); the 23 officers and directors filing in the last fifteen months have been on the record a median of 11 years (top 3%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 23 people in charge now (top 27%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Erie Indemnity Company's room to grow, from the newest filed statements (fiscal 2025): cash of $346 million against no long-term debt tagged leaves 10.3% of its assets as net cash, top 36% of its family; cash from operations less capital spending is 14% of revenue (top 38%) (its annual report).

From the record

Erie Indemnity Company's growth drivers, from the filed years to fiscal 2025: revenue grew 12.7% a year over the last three filed years against 10.9% over all 10, speeding up (top 16% of its family); the newest year grew 7.2% (bottom 40%); capital spending grew 19.8% a year (top 33%) (its annual reports). Erie Indemnity Company reported 4 product lines in fiscal 2025: Policy Issuance and Renewal Services at $3.1 billion (77%), Administrative Services Reimbursements at $837 million (21%), Administrative Services Management Fee at $74 million (2%), and 1 more; 3 of 4 grew against the year before (its annual report).

From the record

Erie Indemnity Company's newest year against its own record: revenue of $4.1 billion in fiscal 2025 came in 7.3% below the $4.4 billion its prior three years' pace pointed to (bottom 38% of its family); net income of $559 million against a prior three-year average of $448 million (bottom 38%); a net margin of 13.8% against 13.3% before (bottom 42%) (its annual reports).