What is Erie Indemnity Company's interest expense?

Erie Indemnity Company (ERIE) reported interest expense of $0 in Q4 2024.

What is the long-term trend for Erie Indemnity Company's interest expense?

Over 3 years (2021 to 2024), Erie Indemnity Company's interest expense has grown at a -100.0% compound annual growth rate (CAGR), from $4.13M to $0.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Erie Indemnity Company ERIE Interest Expense

Discontinued — last reported Q4 '24

Interest Expense at other companies

AllstateALL

$98M-2.0%

SiriusPointSPNT

$16.8M-7.2%

W.R. BerkleyWRB

$31.71M-0.1%

Universal Insurance HoldingsUVE

$1.6M-1.1%

The Baldwin Insurance Group, Inc.BWIN

$26.31M+90.9%

Ally FinancialALLY

$1.52B-9.4%

Other financials

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 debt$40.0M-57.8%

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

See full

Market cap$12B-34.7%

P/E21×-8.9×

P/S2.9×-1.8×

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

Debt / equity0×0.0×

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:InterestExpenseNonoperating.

The official record: Erie Indemnity Company’s 10-K, filed February 27, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Erie Indemnity Company's interest expense?: Erie Indemnity Company (ERIE) reported interest expense of $0 in Q4 2024.
What is the long-term trend for Erie Indemnity Company's interest expense?: Over 3 years (2021 to 2024), Erie Indemnity Company's interest expense has grown at a -100.0% compound annual growth rate (CAGR), from $4.13M to $0.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.