Erie Indemnity Company (ERIE)

USD 403.02

(-5.02%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 3.26 Billion 2.84 Billion 2.7 Billion 2.56 Billion 2.51 Billion 2.4 Billion
Cost of Revenue 2.74 Billion 2.46 Billion 2.31 Billion 2.19 Billion 2.11 Billion 2.03 Billion
Gross Profit 520.25 Million 376.84 Million 385.42 Million 371.02 Million 396.64 Million 370.96 Million
Operating Expenses - -2.46 Billion -2.98 Billion -2.83 Billion -2.72 Billion -2.03 Billion
Selling, General and Administrative Expenses 737.13 Million 6.03 Million 4.08 Million 1.63 Million 1.67 Million 0.12
Research and Development Expenses - 0.13 0.14 0.15 0.16 0.16
Other Expenses - -2.46 Billion -2.98 Billion -2.83 Billion -2.72 Billion -2.03 Billion
Cost and Expenses 2.74 Billion 2.46 Billion 2.32 Billion 2.2 Billion 2.11 Billion 2.03 Billion
Operating Income 520.25 Million 378.46 Million -286.12 Million -266.71 Million -212.93 Million 373.78 Million
Interest Expense - 2 Million 4.13 Million 731 Thousand 856 Thousand 2.46 Million
Income Tax Expense 115.87 Million 77.88 Million 78.54 Million 75.21 Million 79.88 Million 83.09 Million
Earnings before Tax 561.93 Million 376.45 Million 376.4 Million 368.51 Million 396.7 Million 371.32 Million
Net Income 446.06 Million 298.56 Million 297.86 Million 293.3 Million 316.82 Million 288.22 Million
Earnings Per Share Basic 9.66 6.41 6.40 6.30 6.80 4.93
Earnings Per Share Diluted 9.66 5.67 5.65 5.57 6.01 4.93
Weighted Average Shares Outstanding 46.18 Million 46.57 Million 46.57 Million 46.56 Million 46.57 Million 58.41 Million
Weighted Average Shares Outstanding (Diluted) 46.18 Million 52.67 Million 52.68 Million 52.69 Million 52.7 Million 58.41 Million
Gross Margin 0.16 0.13 0.14 0.14 0.16 0.15
EBIT Margin 0.17 0.15 -0.11 -0.10 -0.08 0.16
Profit Margin 0.14 0.11 0.11 0.11 0.13 0.12
EBITDA 568.01 Million 430.18 Million 318.09 Million 338.15 Million -212.93 Million 373.78 Million
Earnings Before Tax Margin 0.16 0.13 -0.11 -0.10 -0.08 0.16

Income Statement Charts