Erie Indty Co Financials

ERIE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 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 18 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).

Financial Health Signals

Financial Profile 58/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Erie Indty Co has an operating margin of 17.6%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 17.8% the prior year.

Growth

Erie Indty Co's revenue grew 7.2% year-over-year to $4.1B, a solid pace of expansion. This earns a growth score of 45/100.

Leverage

Erie Indty Co carries a low D/E ratio of 0.47, meaning only $0.47 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Erie Indty Co's current ratio of 1.27 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 21/100, which could limit financial flexibility.

Cash Flow

Erie Indty Co has a free cash flow margin of 14.0%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Erie Indty Co earns a strong 24.5% return on equity (ROE), meaning it generates $25 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is down from 30.2% the prior year.

Altman Z-Score Safe

10.81

Erie Indty Co scores 10.81, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($13.1B) relative to total liabilities ($1.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Weak

3/9

Erie Indty Co passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.23x

For every $1 of reported earnings, Erie Indty Co generates $1.23 in operating cash flow ($686.7M OCF vs $559.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.1B

YoY+7.2%

5Y CAGR+9.9%

10Y CAGR+10.4%

Erie Indty Co generated $4.1B in revenue in fiscal year 2025. This represents an increase of 7.2% from the prior year.

EBITDA

$786.6M

YoY+7.3%

5Y CAGR+17.0%

10Y CAGR+12.2%

Erie Indty Co's EBITDA was $786.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.3% from the prior year.

Net Income

$559.3M

YoY-6.8%

5Y CAGR+13.8%

10Y CAGR+12.3%

Erie Indty Co reported $559.3M in net income in fiscal year 2025. This represents a decrease of 6.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$571.0M

YoY+17.4%

5Y CAGR+14.7%

Erie Indty Co generated $571.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 17.4% from the prior year.

Cash & Debt

$345.9M

YoY+15.9%

5Y CAGR+16.5%

10Y CAGR+6.6%

Erie Indty Co held $345.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

17.6%

YoY-0.2pp

5Y CAGR+4.3pp

10Y CAGR+2.2pp

Erie Indty Co's operating margin was 17.6% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.

Net Margin

13.8%

YoY-2.1pp

5Y CAGR+2.2pp

10Y CAGR+2.2pp

Erie Indty Co's net profit margin was 13.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.1 percentage points from the prior year.

Return on Equity

24.5%

YoY-5.7pp

5Y CAGR-0.2pp

10Y CAGR+1.8pp

Erie Indty Co's ROE was 24.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$115.7M

YoY-7.3%

5Y CAGR+15.8%

Erie Indty Co invested $115.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 7.3% from the prior year.

ERIE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$4.1B+7.2%	$3.8B+16.1%	$3.3B+15.1%	$2.8B+7.8%	$2.6B+3.8%	$2.5B
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	$717.2M+6.0%	$676.5M+30.0%	$520.3M+38.3%	$376.2M+18.3%	$318.1M-5.9%	$338.2M
Interest Expense	N/A	$0	$0-100.0%	$2.0M-51.4%	$4.1M+465.3%	$731K
Income Tax	$151.3M-3.6%	$157.0M+35.5%	$115.9M+48.8%	$77.9M-0.8%	$78.5M+4.4%	$75.2M
Net Income	$559.3M-6.8%	$600.3M+34.6%	$446.1M+49.4%	$298.6M+0.2%	$297.9M+1.6%	$293.3M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$951.0M-10.8%	$1.1B+0.6%	$1.1B+7.1%	$989.4M+7.1%	$924.1M-7.6%	$999.9M+1.0%	$990.4M+12.5%	$880.7M
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	$157.7M-24.5%	$208.9M+4.9%	$199.2M+31.6%	$151.4M-9.5%	$167.3M-7.1%	$180.1M-5.3%	$190.2M+37.0%	$138.8M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$19.0M-62.0%	$49.9M+8.3%	$46.1M+26.8%	$36.3M-8.7%	$39.8M-3.0%	$41.0M-5.6%	$43.4M+32.6%	$32.8M
Net Income	$63.4M-65.3%	$182.9M+4.7%	$174.7M+26.2%	$138.4M-9.0%	$152.0M-4.9%	$159.8M-2.5%	$163.9M+31.6%	$124.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ERIE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.4B+16.2%	$2.9B+16.9%	$2.5B+10.4%	$2.2B-0.1%	$2.2B+5.9%	$2.1B
Current Assets	$1.2B+4.7%	$1.1B+23.1%	$930.2M+19.4%	$778.8M+2.0%	$763.7M+4.3%	$732.3M
Cash & Equivalents	$345.9M+15.9%	$298.4M+107.1%	$144.1M+1.4%	$142.1M-22.7%	$183.7M+13.9%	$161.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$735.6M+4.0%	$707.1M+13.1%	$625.3M+19.1%	$524.9M+9.6%	$479.1M-3.1%	$494.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1B+18.9%	$901.4M+11.4%	$809.1M+2.3%	$791.0M-12.1%	$899.6M-3.2%	$929.1M
Current Liabilities	$945.6M+17.8%	$802.5M+13.2%	$709.0M+6.6%	$665.1M+5.4%	$630.9M+0.5%	$627.7M
Long-Term Debt	N/A	N/A	N/A	$0-100.0%	$91.7M-2.2%	$93.8M
Total Equity	$2.3B+14.9%	$2.0B+19.5%	$1.7B+14.8%	$1.4B+7.9%	$1.3B+13.0%	$1.2B
Retained Earnings	$3.5B+9.5%	$3.2B+12.8%	$2.8B+8.5%	$2.6B+3.5%	$2.5B+4.2%	$2.4B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$3.4B+0.9%	$3.3B+6.3%	$3.1B+5.4%	$3.0B+2.8%	$2.9B+0.9%	$2.9B+6.4%	$2.7B+5.3%	$2.6B
Current Assets	$1.2B-19.9%	$1.5B+18.0%	$1.3B+13.1%	$1.1B-2.0%	$1.1B+4.3%	$1.1B+7.6%	$1.0B+8.3%	$941.8M
Cash & Equivalents	$345.9M-39.2%	$568.6M+58.8%	$358.0M+37.5%	$260.4M-12.7%	$298.4M+34.9%	$221.2M+29.6%	$170.6M+17.8%	$144.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$735.6M-5.8%	$780.5M+1.5%	$769.1M+6.8%	$719.9M+1.8%	$707.1M-4.1%	$737.0M+4.1%	$708.2M+10.4%	$641.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1B+5.6%	$1.0B+7.6%	$943.7M+4.8%	$900.9M-0.1%	$901.4M-1.6%	$916.2M+6.1%	$863.1M+4.0%	$829.6M
Current Liabilities	$945.6M+5.4%	$897.6M+4.2%	$861.7M+6.1%	$812.3M+1.2%	$802.5M-0.5%	$806.9M+4.5%	$772.3M+6.2%	$727.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.3B-1.1%	$2.3B+5.7%	$2.2B+5.7%	$2.1B+4.0%	$2.0B+2.0%	$1.9B+6.5%	$1.8B+5.9%	$1.7B
Retained Earnings	$3.5B-0.1%	$3.5B+3.6%	$3.3B+3.4%	$3.2B+2.4%	$3.2B+2.9%	$3.1B+3.4%	$3.0B+3.6%	$2.9B

ERIE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$686.7M+12.3%	$611.2M+60.3%	$381.2M+4.1%	$366.2M-9.1%	$402.8M+17.6%	$342.6M
Capital Expenditures	$115.7M-7.3%	$124.8M+34.8%	$92.6M+37.9%	$67.2M-54.8%	$148.8M+168.0%	$55.5M
Free Cash Flow	$571.0M+17.4%	$486.4M+68.6%	$288.6M-3.5%	$298.9M+17.7%	$254.0M-11.5%	$287.1M
Investing Cash Flow	-$439.3M-93.6%	-$226.9M-44.0%	-$157.6M-47.4%	-$106.9M+42.4%	-$185.5M+23.7%	-$243.2M
Financing Cash Flow	-$199.9M+13.1%	-$230.0M-3.8%	-$221.7M+26.3%	-$300.8M-54.4%	-$194.8M+29.1%	-$274.9M
Dividends Paid	$254.3M+7.1%	$237.5M+7.1%	$221.7M+7.2%	$206.8M+7.2%	$192.8M-29.4%	$272.9M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$171.6M-21.8%	$219.4M+23.6%	$177.6M+50.3%	$118.1M-38.9%	$193.5M-2.9%	$199.2M+51.5%	$131.4M+50.7%	$87.2M
Capital Expenditures	$30.8M-12.1%	$35.0M+72.8%	$20.3M-31.7%	$29.7M-36.4%	$46.6M+68.3%	$27.7M-1.2%	$28.0M+24.9%	$22.4M
Free Cash Flow	$140.8M-23.7%	$184.4M+17.2%	$157.3M+77.9%	$88.4M-39.8%	$146.8M-14.4%	$171.5M+65.8%	$103.4M+59.7%	$64.7M
Investing Cash Flow	-$338.3M-1052.4%	$35.5M+191.5%	-$38.8M+60.3%	-$97.8M-73.0%	-$56.5M+37.8%	-$90.8M-72.5%	-$52.6M-94.9%	-$27.0M
Financing Cash Flow	-$56.0M-26.0%	-$44.4M-8.0%	-$41.1M+29.6%	-$58.4M+2.3%	-$59.8M-3.4%	-$57.8M-9.0%	-$53.0M+10.7%	-$59.4M
Dividends Paid	$63.6M0.0%	$63.6M0.0%	$63.6M0.0%	$63.6M+7.1%	$59.4M0.0%	$59.4M0.0%	$59.4M0.0%	$59.4M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ERIE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	17.6%-0.2pp	17.8%+1.9pp	15.9%+2.7pp	13.3%+1.2pp	12.1%-1.2pp	13.3%
Net Margin	13.8%-2.1pp	15.8%+2.2pp	13.7%+3.1pp	10.5%-0.8pp	11.3%-0.2pp	11.6%
Return on Equity	24.5%-5.7pp	30.2%+3.4pp	26.8%+6.2pp	20.6%-1.6pp	22.2%-2.5pp	24.7%
Return on Assets	16.7%-4.1pp	20.8%+2.7pp	18.0%+4.7pp	13.3%+0.0pp	13.3%-0.6pp	13.9%
Current Ratio	1.27-0.2	1.43+0.1	1.31+0.1	1.17-0.0	1.21+0.0	1.17
Debt-to-Equity	0.47+0.0	0.45-0.0	0.49+0.5	0.00-0.1	0.07-0.0	0.08
FCF Margin	14.0%+1.2pp	12.8%+4.0pp	8.8%-1.7pp	10.5%+0.9pp	9.6%-1.7pp	11.3%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	16.6%-3.0pp	19.6%+0.8pp	18.8%+3.5pp	15.3%-2.8pp	18.1%+0.1pp	18.0%-1.2pp	19.2%+3.4pp	15.8%
Net Margin	6.7%-10.5pp	17.1%+0.7pp	16.5%+2.5pp	14.0%-2.5pp	16.4%+0.5pp	16.0%-0.6pp	16.6%+2.4pp	14.1%
Return on Equity	2.8%-5.1pp	7.9%-0.1pp	8.0%+1.3pp	6.7%-0.9pp	7.6%-0.6pp	8.2%-0.7pp	9.0%+1.7pp	7.2%
Return on Assets	1.9%-3.6pp	5.5%-0.1pp	5.6%+0.9pp	4.7%-0.6pp	5.3%-0.3pp	5.6%-0.5pp	6.1%+1.2pp	4.9%
Current Ratio	1.27-0.4	1.67+0.2	1.47+0.1	1.38-0.0	1.43+0.1	1.36+0.0	1.32+0.0	1.29
Debt-to-Equity	0.47+0.0	0.440.0	0.430.0	0.44-0.0	0.45-0.0	0.470.0	0.470.0	0.48
FCF Margin	14.8%-2.5pp	17.3%+2.4pp	14.8%+5.9pp	8.9%-7.0pp	15.9%-1.3pp	17.2%+6.7pp	10.4%+3.1pp	7.3%

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Frequently Asked Questions

What is Erie Indty Co's annual revenue?

Erie Indty Co (ERIE) reported $4.1B in total revenue for fiscal year 2025. This represents a 7.2% 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 7.2% year-over-year, from $3.8B to $4.1B in fiscal year 2025.

Is Erie Indty Co profitable?

Yes, Erie Indty Co (ERIE) reported a net income of $559.3M in fiscal year 2025, with a net profit margin of 13.8%.

What is Erie Indty Co's EBITDA?

Erie Indty Co (ERIE) had EBITDA of $786.6M in fiscal year 2025, 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 17.6% in fiscal year 2025, 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 13.8% in fiscal year 2025, 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 24.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Erie Indty Co's free cash flow?

Erie Indty Co (ERIE) generated $571.0M in free cash flow during fiscal year 2025. This represents a 17.4% 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 $686.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Erie Indty Co's total assets?

Erie Indty Co (ERIE) had $3.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Erie Indty Co's capital expenditures?

Erie Indty Co (ERIE) invested $115.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Erie Indty Co's current ratio?

Erie Indty Co (ERIE) had a current ratio of 1.27 as of fiscal year 2025, 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 0.47 as of fiscal year 2025, 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 16.7% for fiscal year 2025, 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 10.81, 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. Learn more in our complete guide to financial health indicators.

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

Erie Indty Co (ERIE) has a Piotroski F-Score of 3 out of 9, indicating weak 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. Learn more in our complete guide to financial health indicators.

Are Erie Indty Co's earnings high quality?

Erie Indty Co (ERIE) has an earnings quality ratio of 1.23x, 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. Learn more in our complete guide to financial health indicators.

How financially healthy is Erie Indty Co?

Erie Indty Co (ERIE) scores 58 out of 100 on our Financial Profile, indicating moderate 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. Learn more in our complete guide to financial health indicators.