Skip to content
Erie Indemnity Company logo

Erie Indemnity Company

ERIE

Erie Indemnity Company serves as the attorney-in-fact for the Erie Insurance Exchange, a reciprocal insurer.

Market cap
$12.68B-31.4%
Revenue$4.1B+4.8%
Net income$571.4M-7.0%
Free cash flow$537.0M+5.3%
EPS (diluted)$10.93-7.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Today)
Revenue estimate$1.1B
EPS estimate$3.35

Financials

Q1 2026

Income statement

See full
Revenue$1.0B+2.3%
Operating income$166.8M+10.2%
Net income$150.5M+8.7%
EPS (diluted)$2.88+8.7%

Balance sheet

See full
Cash & equivalents$268.6M+3.2%
Total equity$2.4B+13.8%
Total assets$3.4B+13.8%

Cash flow

See full
Operating cash flow$91.9M-22.2%
CapEx$37.4M+26.1%
Free cash flow$54.5M-38.4%

Valuation & ratios

Valuation

See full
Market cap$12.68B-31.4%
P/E22.2×-7.6×
P/S3.1×-1.6×

Profitability

See full
Operating margin17.9%+0.3pp
Net margin14%-1.8pp
FCF margin13.1%+0.1pp

Returns & leverage

See full
Return on equity25.8%-6.5pp
Current ratio1.3×-0.1×

Segments

By product

See full
Management fee revenue - policy issuance and renewal services$786.4M+4.2%
Administrative services reimbursement revenue$200.1M-4.8%
Management fee revenue - administrative services$19.5M+10.4%
Service agreement revenue$5.9M-7.6%

By segment

See full
Management Operations$1.0B+2.3%

Competitors

Profile

Erie Indemnity Company serves as the attorney-in-fact for the Erie Insurance Exchange, a reciprocal insurer. The company provides essential management services including policy issuance, renewal, claims handling, and investment management. Its core value proposition lies in managing the operational and administrative functions of the Exchange in return for a management fee based on premiums written.

Competitive position

Erie Indemnity occupies a unique niche as the exclusive manager of the Erie Insurance Exchange, benefiting from a long-standing structural relationship established in 1925.

GeographiesUnited States, Pennsylvania
Customer segmentsPolicyholders, Insurance Carriers
Business modelManagement Fee, Service Provider, Attorney-in-fact
SuppliersIndependent Insurance Agents, Regulatory Bodies, Financial Markets
CustomersErie Insurance Exchange Subscribers, Erie Insurance Exchange
Listed1995
Employees6.6K
CEOTimothy G. NeCastro
FilingsSEC EDGAR

Questions, answered.

What is Erie Indemnity Company's market cap?
Erie Indemnity Company (ERIE) has a market capitalization of $12.7B and trades on NASDAQ.
What is Erie Indemnity Company's revenue and profitability?
Erie Indemnity Company generated $4.1B in trailing twelve-month revenue with net income of $571.4M, representing a net margin of 14.0%, with free cash flow of $537.0M. These figures are based on the Q1 2026 filing.
Who are Erie Indemnity Company's competitors?
Erie Indemnity Company's key competitors include Allstate, Progressive, SiriusPoint Ltd., and others. These companies compete in similar markets and product categories.
What subsidiaries does Erie Indemnity Company have?
Erie Indemnity Company's subsidiaries include Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company, and others.
Where is Erie Indemnity Company headquartered?
Erie Indemnity Company is headquartered in United States of America and employs approximately 6,556 people. It has been publicly traded since 1995.