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Erie Indemnity Company ERIE Payment For Agent Incentive compensation

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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 erie:PaymentForAgentIncentiveCompensation.

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

Filed
Apr 23, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-026866

FAQ

What is Erie Indemnity Company's payment for agent incentive compensation?
Erie Indemnity Company (ERIE) reported payment for agent incentive compensation of $134.25M in Q1 2026.
How has Erie Indemnity Company's payment for agent incentive compensation changed year-over-year?
Erie Indemnity Company's payment for agent incentive compensation increased by 69.9% year-over-year, from $79.02M to $134.25M.
What is the long-term trend for Erie Indemnity Company's payment for agent incentive compensation?
Over 4 years (2021 to 2025), Erie Indemnity Company's payment for agent incentive compensation has grown at a -6.4% compound annual growth rate (CAGR), from $123.58M to $94.79M.
What does payment for agent incentive compensation mean?
Cash outflows related to performance-based incentives and bonuses paid to agents beyond standard commissions. These payments are designed to reward specific sales targets, retention goals, or quality metrics. It reflects the company's strategy for agent engagement and growth.

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