ERIE - Erie Indemnity Company
NASDAQ
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Financial Services
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Insurance Brokers
Erie,
United States
Type: Equity
ERIE price evolution
ERIE
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $170.63 | $144.87 | $144.06 | |
| Short term investments | $47.73 | $76.69 | $82.02 | |
| Net receivables | $747.43 | $708.17 | $641.69 | $625.34 |
| Inventory | ||||
| Total current assets | $1097.36 | $1020.27 | $941.77 | $930.19 |
| Long term investments | $1089.59 | $1037 | $1021.91 | |
| Property, plant & equipment | $480.71 | $469.14 | $461.91 | $442.61 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $1671.69 | $1614.02 | $1541.78 | |
| Total investments | $1137.33 | $1113.69 | $1103.93 | |
| Total assets | $2864.15 | $2691.96 | $2555.79 | $2471.96 |
| Current liabilities | ||||
| Accounts payable | $194.65 | $618.24 | $597.67 | $529.33 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $806.93 | $772.27 | $727.52 | $708.98 |
| Long term debt | ||||
| Total noncurrent liabilities | $90.88 | $102.1 | $100.15 | |
| Total debt | ||||
| Total liabilities | $916.19 | $863.15 | $829.61 | $809.13 |
| Shareholders' equity | ||||
| Retained earnings | $3073.84 | $2973.39 | $2868.86 | $2803.69 |
| Other shareholder equity | $27.99 | -$17.12 | -$15.23 | -$13.4 |
| Total shareholder equity | $1828.81 | $1726.18 | $1662.84 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $144.06 | $142.09 | $183.7 | $161.24 |
| Short term investments | $82.02 | $24.27 | $38.4 | $17.72 |
| Net receivables | $625.34 | $533.24 | $479.12 | $494.64 |
| Inventory | ||||
| Total current assets | $930.19 | $778.8 | $763.73 | $732.3 |
| Long term investments | $1021.91 | $1003.49 | $1054.12 | $1067.06 |
| Property, plant & equipment | $442.61 | $413.87 | $374.8 | $265.34 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $1541.78 | $1460.66 | $1478.33 | $1384.82 |
| Total investments | $1103.93 | $1027.76 | $1092.51 | $1084.78 |
| Total assets | $2471.96 | $2239.46 | $2242.06 | $2117.12 |
| Current liabilities | ||||
| Accounts payable | $529.33 | $165.91 | $409.06 | $413.04 |
| Deferred revenue | ||||
| Short long term debt | $2.1 | $2.03 | ||
| Total current liabilities | $708.98 | $665.11 | $630.86 | $627.67 |
| Long term debt | $91.73 | $93.83 | ||
| Total noncurrent liabilities | $100.15 | $125.94 | $268.72 | $301.4 |
| Total debt | $93.83 | $95.86 | ||
| Total liabilities | $809.13 | $791.05 | $899.58 | $929.07 |
| Shareholders' equity | ||||
| Retained earnings | $2803.69 | $2583.26 | $2495.19 | $2393.62 |
| Other shareholder equity | -$13.4 | $68.04 | -$25.29 | -$78.14 |
| Total shareholder equity | $1662.84 | $1448.41 | $1342.48 | $1188.05 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $999.89 | $990.44 | $880.7 | $817.67 |
| Cost of revenue | $800.23 | $741.89 | $690.58 | |
| Gross Profit | $180.13 | $190.21 | $138.81 | $127.08 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | -$0 | |||
| Operating income | $190.21 | $138.81 | $127.08 | |
| Income from continuing operations | ||||
| EBIT | $207.33 | $157.3 | $139.92 | |
| Income tax expense | $41.01 | $43.42 | $32.75 | $29 |
| Interest expense | $20.25 | |||
| Net income | ||||
| Net income | $159.83 | $163.9 | $124.55 | $110.93 |
| Income (for common shares) | $163.9 | $124.55 | $110.93 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3268.94 | $2840.12 | $2633.98 | $2536.49 |
| Cost of revenue | $2748.68 | $2463.91 | $2315.88 | $2198.33 |
| Gross Profit | $520.26 | $376.21 | $318.1 | $338.16 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $2198.33 | |||
| Operating income | $520.26 | $376.21 | $318.1 | $338.16 |
| Income from continuing operations | ||||
| EBIT | $561.94 | $378.46 | $380.54 | $369.25 |
| Income tax expense | $115.88 | $77.88 | $78.54 | $75.21 |
| Interest expense | $2.01 | $4.13 | $0.73 | |
| Net income | ||||
| Net income | $446.06 | $298.57 | $297.86 | $293.3 |
| Income (for common shares) | $446.06 | $298.57 | $297.86 | $293.3 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $163.9 | $124.55 | $110.93 | |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $131.43 | $87.19 | $148.44 | |
| Investing activities | ||||
| Capital expenditures | -$28.04 | -$22.45 | -$20.55 | |
| Investments | -$24.59 | -$4.55 | -$31.29 | |
| Total cash flows from investing | -$170.41 | -$52.63 | -$27 | -$51.84 |
| Financing activities | ||||
| Dividends paid | -$178.13 | -$59.38 | -$59.38 | -$55.42 |
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | -$170.23 | -$53.03 | -$59.38 | -$55.42 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $77.16 | $25.76 | $0.82 | $41.18 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $446.06 | $298.57 | $297.86 | $293.3 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $381.2 | $366.15 | $402.79 | $342.6 |
| Investing activities | ||||
| Capital expenditures | -$92.65 | -$66.94 | -$148.8 | -$55.51 |
| Investments | -$64.92 | -$39.98 | -$36.69 | -$187.71 |
| Total cash flows from investing | -$157.56 | -$106.92 | -$185.49 | -$243.22 |
| Financing activities | ||||
| Dividends paid | -$221.68 | -$206.77 | -$192.8 | -$272.9 |
| Sale and purchase of stock | ||||
| Net borrowings | -$94.07 | -$2.04 | -$1.97 | |
| Total cash flows from financing | -$221.68 | -$300.84 | -$194.84 | -$274.87 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1.97 | -$41.61 | $22.46 | -$175.5 |
News
Fundamentals
| Market cap | $21.02B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 52.29M |
| Revenue | $3.69B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $559.21M |
| Revenue Q/Q | 16.41% |
| Revenue Y/Y | 17.03% |
| P/E ratio | 37.59 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 5.70 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $10.69 |
|---|---|
| ROA | 21.13% |
| ROE | N/A |
| Debt/Equity | 0.49 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.36 |
| Quick ratio | N/A |