# Erie Indemnity Company (ERIE)

> Source: Nexqual · https://nexqual.com/ERIE · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Erie Indemnity Company (ERIE), nexqual.com/ERIE" · informational, not investment advice.

**Price:** USD 238.69 (+3.73% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 230.11 · day 233.85–241.98 · 52w 204.63–330.54 · market cap $12.5B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $4.12B, net income $577M (14.0% margin), free cash flow $553M (SEC filings).
- Valuation: P/E 21.6x.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts).
- Total return with dividends: 1Y -21.7% vs S&P 500 +18.1%; 5Y +34.8% vs S&P 500 +85.1%.
- Next earnings: 2026-10-29, EPS estimate USD 3.41, revenue estimate $1.09B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.84B | $3.27B | $3.80B | $4.07B | $4.12B |
| Operating income | $318M | $376M | $520M | $676M | $717M | $738M |
| Net income | $298M | $299M | $446M | $600M | $559M | $577M |
| Free cash flow | $254M | $299M | $289M | $486M | $571M | $553M |
| Operating margin | 12.1% | 13.2% | 15.9% | 17.8% | 17.6% | 17.9% |
| Net margin | 11.3% | 10.5% | 13.6% | 15.8% | 13.8% | 14.0% |
| Revenue growth | +3.8% | +7.8% | +15.1% | +16.1% | +7.2% | — |
| Cash + short-term investments | $222M | $166M | $226M | $343M | $380M | — |
| Total debt | $93.8M | $0K | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 21.6x · P/S 3.0x · P/FCF 22.6x · P/B 5.1x · FCF yield 4.43% · Earnings yield 4.62% · Dividend yield (paid, TTM) 2.11%

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -21.7% | +34.8% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -21.7% | +6.1% |
| Volatility (annualized) | 38.3% | 30.7% |
| Max drawdown | -36.5% (Oct 2025→Jun 2026) | -59.6% (Sep 2024→May 2026) |

## Peers (Insurance Brokers)
RYAN (Ryan Specialty Holdings, Inc.) USD 40.04 +5.79% · BRO (Brown & Brown, Inc.) USD 67.98 +6.14% · WTW (Willis Towers Watson Public Lim) USD 310.36 +4.47% · BWIN (The Baldwin Insurance Group, In) USD 31.93 +0.19% · ARX (Accelerant Holdings) USD 19.76 -0.05% · CRVL (CorVel Corp.) USD 80.29 +1.88%

## More
Full page: https://nexqual.com/ERIE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt