profit from every $100 of sales.
$0$100
Erie Indemnity
$274.73+1.75% today
-4.3% in 1 year
1-year low $207.241-year high $299.78
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $25.68 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Erie Indemnity sold, what it kept, and what it did with the cash.
Sales went from $2.85 billion in 2022 to $4.15 billion in 2025, with $559 million of profit last year.
SalesProfit
Erie Indemnity handed back 45% of the cash it generated last year.
$254M
Free cash flow 2025$571M
Bought back its own shares–
Paid as dividends$254M
Erie Indemnity vs. similar companies
Erie Indemnity grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Erie Indemnity | 25.7× · Fair price | ||
 Willis Towers Watson Public | 19.3× · Fair price | ||
 Brown & Brown | 22.6× · Fair price | ||
 The Baldwin Insurance Group | No profit yet | ||
 CorVel | 39.1× · Expensive |
AI analysis
An AI analyst reads Erie Indemnity's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,536 | 2,634 | 2,851 | 3,309 | 3,862 | 4,149 | |
| – | – | – | – | – | – | |
| 338 | 318 | 376 | 520 | 676 | 717 | |
| 390 | 418 | 430 | 616 | 821 | 787 | |
| 293 | 298 | 299 | 446 | 600 | 559 | |
| – | – | 5.71 | 8.53 | 11.48 | 10.69 | |
| – | – | – | – | – | – | |
| 13.3% | 12.1% | 13.2% | 15.7% | 17.5% | 17.3% | |
| 11.6% | 11.3% | 10.5% | 13.5% | 15.5% | 13.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 2,117 | 2,242 | 2,239 | 2,472 | 2,889 | 3,355 |
| Cash | – | – | 130 | 132 | 275 | 316 |
| Total debt | 96 | 94 | 0 | – | – | – |
| Total liabilities | 929 | 900 | 791 | 809 | 901 | 1,072 |
| 1,188 | 1,342 | 1,448 | 1,663 | 1,987 | 2,283 | |
| – | – | 52 | 52 | 52 | 52 | |
| 22.7% | 20.9% | 20.6% | 26.7% | 30.1% | 24.8% | |
| 24.7% | 22.2% | 20.6% | 26.8% | 30.2% | 24.5% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 343 | 403 | 366 | 381 | 611 | 687 | |
| 56 | 149 | 67 | 93 | 125 | 116 | |
| 287 | 254 | 299 | 289 | 486 | 571 | |
| Dividends paid | 273 | 193 | 207 | 222 | 238 | 254 |
| – | – | – | – | – | – | |
| – | – | – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 25.7×
- 21.7×
- –
- 4.4×
- 3.5×
- 3.9%
- 2.5%
Profitability
- 13.5%
- 23.7%
- 24.2%
- 25.0%
- 16.9%
Growth
- +10.3%
- –
- −1.4%
- +0.2%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 5%of 852
Bottom 36%of 733
Bottom 19%of 863
Top 42%of 860
Bottom 38%of 920
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 2.88 | 3.06 | −5.9% |
| Feb 23, 2026 | -0.33 | 1.59 | −120.8% |
| Oct 30, 2025 | 3.50 | 3.37 | +3.9% |
| Aug 7, 2025 | 3.34 | 3.48 | −4.0% |
| Apr 24, 2025 | 2.65 | 3.10 | −14.5% |
| Feb 27, 2025 | 2.91 | 2.76 | +5.4% |
| Oct 31, 2024 | 3.06 | 3.02 | +1.3% |
| Jul 25, 2024 | 3.13 | 2.58 | +21.3% |
2.5%of the share price, paid each year
On $1,000 invested$25a year at today's yield, before tax
−1.4%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$3.45 in 2015 → $5.46 in 2025
How safe it looks
45.5% of its profit
Room to growStretchedMore than it earns: 44.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
51No pass
Philip Fisher
59No pass
Peter Lynch
71Pass
Joel Greenblatt
43No pass
Charlie Munger
73Pass
Terry Smith
67Pass
Questions about Erie Indemnity
Is Erie Indemnity a good stock to buy?
A solid business at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Erie Indemnity AI analysis
What does Erie Indemnity do?
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It is in Insurance - Brokers, based in Erie, PA, United States, with 6,667 employees.
Does Erie Indemnity pay a dividend?
Yes. At today's price the dividend is 2.5% a year, about 45% of its yearly profit. In 2025 it paid out $254 million in dividends.
Is Erie Indemnity stock halal?
Questionable. Erie Indemnity sits in a grey zone: scholars disagree about its industry. How we check
How has Erie Indemnity stock done over the past year?
Down 4.3% over the past twelve months, to $274.73. It traded between $207.24 and $299.78 and is 8.4% below its high.
Who are Erie Indemnity's competitors?
The largest listed companies in the same industry are Willis Towers Watson Public, Brown & Brown, The Baldwin Insurance Group and CorVel. The peers table on this page compares their profit, growth and price with Erie Indemnity's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.