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Erie Indemnity Company ERIE Changes in securities lending payable

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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-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:IncreaseDecreaseInSecuritiesLendingPayable.

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 changes in securities lending payable?
Erie Indemnity Company (ERIE) reported changes in securities lending payable of -$12.32M in Q1 2026.
How has Erie Indemnity Company's changes in securities lending payable changed year-over-year?
Erie Indemnity Company's changes in securities lending payable decreased by 337.1% year-over-year, from $5.19M to -$12.32M.
What does changes in securities lending payable mean?
The net change in cash obligations related to securities lending programs.
How do you interpret changes in securities lending payable?
An increase indicates higher levels of securities lending activity, while a decrease indicates the return of collateral as lending activity winds down.
How does changes in securities lending payable compare across companies?
Common in financial institutions and insurance companies with large investment portfolios.