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Erie Indemnity Company ERIE Accrued Progress Collections and Price Adjustments

Other financials

Income statement

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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

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Cash & equivalents$268.6M+3.2%
Total debt$40.0M-57.8%
Total equity$2.4B+13.8%
Total assets$3.4B+13.8%

Cash flow

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

Valuation

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Market cap$11.56B-40.0%
P/E20.2×-11.2×
P/S2.8×-2.1×

Profitability

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

Returns & leverage

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Return on equity25.8%-6.5pp
Debt / equity0.0×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Erie Indemnity Company in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Erie Indemnity Company’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Erie Indemnity Company's accrued progress collections and price adjustments?
Erie Indemnity Company (ERIE) reported accrued progress collections and price adjustments of $22.94M in Q1 2026.
How has Erie Indemnity Company's accrued progress collections and price adjustments changed year-over-year?
Erie Indemnity Company's accrued progress collections and price adjustments increased by 5.7% year-over-year, from $21.7M to $22.94M.
What is the long-term trend for Erie Indemnity Company's accrued progress collections and price adjustments?
Over 5 years (2020 to 2025), Erie Indemnity Company's accrued progress collections and price adjustments has grown at a 4.3% compound annual growth rate (CAGR), from $18.88M to $23.27M.