Erie Indty Co Financials

ERIE

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Erie Indty Co (ERIE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$3.8B

YoY+44.1%

5Y CAGR+17.5%

10Y CAGR-3.7%

Erie Indty Co generated $3.8B in revenue in fiscal year 2024. This represents an increase of 44.1% from the prior year.

EBITDA

$733.0M

YoY+106.3%

5Y CAGR+19.2%

Erie Indty Co's EBITDA was $733.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 106.3% from the prior year.

Free Cash Flow

$486.4M

YoY+91.5%

5Y CAGR+23.7%

Erie Indty Co generated $486.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 91.5% from the prior year.

Net Income

$600.3M

YoY+101.5%

5Y CAGR+25.0%

10Y CAGR+14.1%

Erie Indty Co reported $600.3M in net income in fiscal year 2024. This represents an increase of 101.5% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

17.8%

YoY+5.7pp

5Y CAGR+0.7pp

Erie Indty Co's operating margin was 17.8% in fiscal year 2024, reflecting core business profitability. This is up 5.7 percentage points from the prior year.

Net Margin

15.8%

YoY+4.5pp

5Y CAGR+4.2pp

10Y CAGR+12.9pp

Erie Indty Co's net profit margin was 15.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.5 percentage points from the prior year.

Return on Equity

30.2%

YoY+8.0pp

5Y CAGR+7.2pp

10Y CAGR+5.3pp

Erie Indty Co's ROE was 30.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 8.0 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$124.8M

YoY-16.1%

5Y CAGR+34.0%

Erie Indty Co invested $124.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 16.1% from the prior year.

ERIE Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$3.8B+44.1%	$2.6B+3.8%	$2.5B+2.4%	$2.5B+4.0%	$2.4B+40.8%	$1.7B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$676.5M+112.7%	$318.1M-5.9%	$338.2M-5.4%	$357.3M+3.8%	$344.3M+18.6%	$290.3M
Interest Expense	$0-100.0%	$4.1M+465.3%	$731K-14.6%	$856K-65.2%	$2.5M+98.7%	$1.2M
Income Tax	$157.0M+99.8%	$78.5M+4.4%	$75.2M-5.8%	$79.9M-3.9%	$83.1M-30.0%	$118.7M
Net Income	$600.3M+101.5%	$297.9M+1.6%	$293.3M-7.4%	$316.8M+9.9%	$288.2M+46.3%	$197.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$1.1B+0.6%	$1.1B+7.1%	$989.4M+21.0%	$817.7M-4.8%	$858.9M+2.3%	$839.9M+11.6%	$752.5M+7.4%	$700.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$208.9M+4.9%	$199.2M+31.6%	$151.4M+19.1%	$127.1M-14.4%	$148.5M+10.7%	$134.2M+21.4%	$110.5M+35.8%	$81.4M
Interest Expense	N/A	N/A	N/A	$0	$0	$0	$0	$0
Income Tax	$49.9M+8.3%	$46.1M+26.8%	$36.3M+25.3%	$29.0M-11.4%	$32.7M+4.8%	$31.2M+36.4%	$22.9M+39.1%	$16.5M
Net Income	$182.9M+4.7%	$174.7M+26.2%	$138.4M+24.8%	$110.9M-15.3%	$131.0M+11.2%	$117.9M+36.7%	$86.2M+31.7%	$65.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ERIE Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.9B+28.8%	$2.2B+5.9%	$2.1B+5.0%	$2.0B+13.4%	$1.8B+6.8%	$1.7B
Current Assets	$1.1B+49.9%	$763.7M+4.3%	$732.3M-17.8%	$891.4M-23.7%	$1.2B+45.8%	$801.9M
Cash & Equivalents	N/A	N/A	N/A	N/A	$266.4M+23.5%	$215.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$707.1M+47.6%	$479.1M-3.1%	$494.6M+5.5%	$468.6M	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$901.4M+0.2%	$899.6M-3.2%	$929.1M+5.2%	$883.0M+9.7%	$804.7M-0.5%	$808.5M
Current Liabilities	$802.5M+27.2%	$630.9M+0.5%	$627.7M+6.8%	$587.7M+7.4%	$547.1M+7.3%	$509.9M
Long-Term Debt	$0-100.0%	$91.7M-2.2%	$93.8M-2.1%	$95.8M-2.1%	$97.9M+31.0%	$74.7M
Total Equity	$2.0B+48.0%	$1.3B+13.0%	$1.2B+4.8%	$1.1B+16.4%	$973.7M+13.6%	$857.3M
Retained Earnings	$3.2B+26.7%	$2.5B+4.2%	$2.4B+0.7%	$2.4B+6.5%	$2.2B+4.2%	$2.1B

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$3.3B+6.3%	$3.1B+5.4%	$3.0B+20.1%	$2.5B+3.2%	$2.4B+3.0%	$2.3B+4.6%	$2.2B-0.7%	$2.2B
Current Assets	$1.5B+18.0%	$1.3B+13.1%	$1.1B+20.7%	$930.2M+6.5%	$873.8M+0.1%	$872.8M+11.3%	$784.1M+0.7%	$778.8M
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$780.5M+1.5%	$769.1M+6.8%	$719.9M+15.1%	$625.3M+0.7%	$620.7M+5.0%	$591.0M+10.8%	$533.3M+1.6%	$524.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.0B+7.6%	$943.7M+4.8%	$900.9M+11.3%	$809.1M+3.4%	$782.7M+0.3%	$780.6M+5.9%	$737.0M-6.8%	$791.0M
Current Liabilities	$897.6M+4.2%	$861.7M+6.1%	$812.3M+14.6%	$709.0M+4.1%	$680.9M+4.4%	$652.1M+6.6%	$611.6M-8.1%	$665.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Total Equity	$2.3B+5.7%	$2.2B+5.7%	$2.1B+24.3%	$1.7B+3.2%	$1.6B+4.3%	$1.5B+3.9%	$1.5B+2.7%	$1.4B
Retained Earnings	$3.5B+3.6%	$3.3B+3.4%	$3.2B+15.5%	$2.8B+1.9%	$2.8B+2.8%	$2.7B+2.4%	$2.6B+1.2%	$2.6B

ERIE Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$611.2M+51.8%	$402.8M+17.6%	$342.6M-6.0%	$364.5M+38.3%	$263.6M+33.7%	$197.1M
Capital Expenditures	$124.8M-16.1%	$148.8M+168.0%	$55.5M-45.6%	$102.0M+81.3%	$56.3M+94.6%	$28.9M
Free Cash Flow	$486.4M+91.5%	$254.0M-11.5%	$287.1M+9.4%	$262.5M+26.6%	$207.3M+23.2%	$168.2M
Investing Cash Flow	-$226.9M-22.3%	-$185.5M+23.7%	-$243.2M-95.2%	-$124.6M-53.1%	-$81.4M-9.0%	-$74.7M
Financing Cash Flow	-$230.0M-18.0%	-$194.8M+29.1%	-$274.9M-62.1%	-$169.6M-29.0%	-$131.5M-37.2%	-$95.8M
Dividends Paid	$237.5M+23.2%	$192.8M-29.4%	$272.9M+62.8%	$167.7M+7.1%	$156.5M+7.3%	$145.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	N/A	N/A	$118.1M	N/A	N/A	N/A	$48.0M	N/A
Capital Expenditures	N/A	N/A	$29.7M	N/A	N/A	N/A	$19.1M	N/A
Free Cash Flow	N/A	N/A	$88.4M	N/A	N/A	N/A	$28.9M	N/A
Investing Cash Flow	N/A	N/A	-$97.8M	N/A	N/A	N/A	-$12.3M	N/A
Financing Cash Flow	N/A	N/A	-$58.4M	N/A	N/A	N/A	-$55.4M	N/A
Dividends Paid	N/A	N/A	$63.6M	N/A	N/A	N/A	$55.4M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ERIE Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	17.8%+5.7pp	12.1%-1.2pp	13.3%-1.1pp	14.4%-0.0pp	14.4%-2.7pp	17.2%
Net Margin	15.8%+4.5pp	11.3%-0.2pp	11.6%-1.2pp	12.8%+0.7pp	12.1%+0.5pp	11.6%
Return on Equity	30.2%+8.0pp	22.2%-2.5pp	24.7%-3.3pp	28.0%-1.6pp	29.6%+6.6pp	23.0%
Return on Assets	20.8%+7.5pp	13.3%-0.6pp	13.9%-1.9pp	15.7%-0.5pp	16.2%+4.4pp	11.8%
Current Ratio	1.43+0.2	1.21+0.0	1.17-0.3	1.52-0.6	2.14+0.6	1.57
Debt-to-Equity	0.45+0.4	0.07-0.0	0.080.0	0.08-0.0	0.10+0.0	0.09
FCF Margin	12.8%+3.2pp	9.6%-1.7pp	11.3%+0.7pp	10.6%+1.9pp	8.7%-1.2pp	9.9%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	19.6%+0.8pp	18.8%+3.5pp	15.3%-0.2pp	15.5%-1.7pp	17.3%+1.3pp	16.0%+1.3pp	14.7%+3.1pp	11.6%
Net Margin	17.1%+0.7pp	16.5%+2.5pp	14.0%+0.4pp	13.6%-1.7pp	15.3%+1.2pp	14.0%+2.6pp	11.5%+2.1pp	9.3%
Return on Equity	7.9%-0.1pp	8.0%+1.3pp	6.7%+0.0pp	6.7%-1.5pp	8.1%+0.5pp	7.6%+1.8pp	5.8%+1.3pp	4.5%
Return on Assets	5.5%-0.1pp	5.6%+0.9pp	4.7%+0.2pp	4.5%-1.0pp	5.5%+0.4pp	5.1%+1.2pp	3.9%+1.0pp	2.9%
Current Ratio	1.67+0.2	1.47+0.1	1.38+0.1	1.31+0.0	1.28-0.1	1.34+0.1	1.28+0.1	1.17
Debt-to-Equity	0.440.0	0.430.0	0.44-0.1	0.490.0	0.49-0.0	0.510.0	0.50+0.5	0.00
FCF Margin	N/A	N/A	8.9%	N/A	N/A	N/A	3.8%	N/A

Financial Health Signals

Financial Profile 81/100

Profitability

Growth

100

Leverage

Liquidity

Cash Flow

Returns

100

Based on FY2024 annual data. Scores normalized against common benchmarks.

Altman Z-Score Safe

13.61

Bankruptcy risk indicator. Above 2.99 = safe, below 1.81 = distress.

Piotroski F-Score Strong

7/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Cash-Backed

1.02x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

What is Erie Indty Co's annual revenue?

Erie Indty Co (ERIE) reported $3.8B in total revenue for fiscal year 2024. This represents a 44.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Erie Indty Co's revenue growing?

Erie Indty Co (ERIE) revenue grew by 44.1% year-over-year, from $2.6B to $3.8B in fiscal year 2024.

Is Erie Indty Co profitable?

Yes, Erie Indty Co (ERIE) reported a net income of $600.3M in fiscal year 2024, with a net profit margin of 15.8%.

What is Erie Indty Co's EBITDA?

Erie Indty Co (ERIE) had EBITDA of $733.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Erie Indty Co's operating margin?

Erie Indty Co (ERIE) had an operating margin of 17.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Erie Indty Co's net profit margin?

Erie Indty Co (ERIE) had a net profit margin of 15.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Erie Indty Co's return on equity (ROE)?

Erie Indty Co (ERIE) has a return on equity of 30.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Erie Indty Co's free cash flow?

Erie Indty Co (ERIE) generated $486.4M in free cash flow during fiscal year 2024. This represents a 91.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Erie Indty Co's operating cash flow?

Erie Indty Co (ERIE) generated $611.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Erie Indty Co's total assets?

Erie Indty Co (ERIE) had $2.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Erie Indty Co's capital expenditures?

Erie Indty Co (ERIE) invested $124.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is Erie Indty Co's current ratio?

Erie Indty Co (ERIE) had a current ratio of 1.43 as of fiscal year 2024, which is considered adequate.

What is Erie Indty Co's debt-to-equity ratio?

Erie Indty Co (ERIE) had a debt-to-equity ratio of 0.45 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Erie Indty Co's return on assets (ROA)?

Erie Indty Co (ERIE) had a return on assets of 20.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Erie Indty Co's Altman Z-Score?

Erie Indty Co (ERIE) has an Altman Z-Score of 13.61, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.

What is Erie Indty Co's Piotroski F-Score?

Erie Indty Co (ERIE) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Erie Indty Co's earnings high quality?

Erie Indty Co (ERIE) has an earnings quality ratio of 1.02x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

How financially healthy is Erie Indty Co?

Erie Indty Co (ERIE) scores 81 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.