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Erie Indemnity Company ERIE Business Segments — Personnel costs

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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
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$13.11B-30.1%
P/E23×-7.1×
P/S3.2×-1.5×

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 / equity
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:LaborAndRelatedExpense.

The source filing: Erie Indemnity Company’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-026866
(in thousands)20262025
Service agreement revenue5,9416,432
Total operating revenue1,011,911989,399
Commissions464,856436,860
Personnel costs (1)92,06389,989
Sales and advertising (1)4,9056,952
Acquisition and underwriting support costs (1)24,12426,003
Technology infrastructure costs (1)25,80326,071
Professional fees (1)19,32126,276

Item 1. Financial Statements (Unaudited)

FAQ

What is Erie Indemnity Company's business segments — personnel costs?
Erie Indemnity Company (ERIE) reported business segments — personnel costs of $92.06M in Q1 2026.
What does business segments — personnel costs mean?
Includes all compensation, benefits, and related expenses for employees dedicated to the management and administrative functions of the insurance operations. This is typically the largest operating expense component and reflects the human capital investment required to support underwriting and policy processing.

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