ERIE | Erie Indemnity Company Stock Financials Income Statements Annual

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	3.26B	2.84B	2.70B	2.57B	2.52B	2.41B	1.72B	1.62B	1.52B	6.01B	6.11B	5.38B	4.82B	4.89B	1.12B	1.07B	1.24B	1.23B	1.12B	1.12B	1.05B	963.39M	818.63M	773.61M	711.08M	668.05M	626.30M	586.90M	549.10M	504.10M
Cost of Revenue	2.75B	2.46B	2.32B	2.20B	2.12B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	511.22M	376.85M	385.43M	371.02M	396.65M	2.41B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Expenses	-3.20M	-2.46B	-2.99B	-2.84B	-2.73B	-2.04B	N/A	1.30B	1.27B	1.18B	1.09B	4.61B	4.47B	3.89B	3.73B	3.49B	930.00M	934.00M	901.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Admin	32.56M	6.03M	4.08M	1.64M	1.67M	N/A	240.18M	213.36M	226.71M	N/A	N/A	N/A	N/A	N/A	768.67M	765.01M	755.64M	742.53M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Research & Development	0	0	0	0	0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	3.20M	-2.46B	-2.99B	-2.84B	-2.73B	-2.04B	N/A	1.09B	1.05B	1.18B	1.09B	4.61B	4.47B	3.89B	2.96B	2.72B	174.36M	191.47M	901.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	514.42M	378.46M	-286.12M	-266.72M	-212.93M	373.78M	N/A	N/A	N/A	N/A	1.57B	N/A	N/A	N/A	N/A	N/A	N/A	298.80M	224.22M	N/A	228.31M	N/A	N/A	223.94M	N/A	N/A	N/A	N/A	N/A	N/A
Other Expenses / Income	47.52M	-2.01M	662.52M	635.23M	609.64M	609.01M	29.15M	29.20M	30.00M	32.00M	N/A	32.00M	183.00M	35.00M	34.78M	32.30M	29.75M	N/A	115.24M	835.48M	66.74M	755.23M	662.98M	N/A	535.13M	470.74M	480.23M	453.01M	435.40M	490.80M
Before Tax Income	561.94M	376.45M	376.40M	368.51M	396.70M	371.32M	315.69M	320.09M	266.25M	830.00M	1.57B	899.00M	358.00M	999.00M	152.07M	122.71M	309.17M	298.80M	339.46M	326.35M	295.05M	255.40M	182.88M	223.94M	208.75M	196.36M	174.92M	152.05M	N/A	N/A
Income Tax Expenses	115.88M	77.88M	78.54M	75.21M	79.88M	83.10M	118.70M	109.72M	91.57M	257.00M	519.00M	280.00M	90.00M	339.00M	48.79M	39.87M	99.14M	99.06M	111.73M	105.14M	102.24M	84.89M	60.62M	71.55M	65.65M	61.81M	56.34M	46.92M	44.50M	33.30M
Net Income	446.06M	298.57M	297.86M	293.30M	316.82M	288.22M	197.00M	210.37M	174.68M	168.00M	163.00M	160.00M	169.00M	162.00M	108.49M	69.24M	212.94M	204.03M	231.10M	226.41M	199.72M	172.13M	122.26M	152.39M	143.11M	134.55M	118.58M	105.13M	93.60M	71.70M
Interest Expenses	N/A	2.01M	4.13M	731.00K	856.00K	2.46M	1.24M	101.00K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	46.57M	46.57M	46.57M	46.57M	46.57M	52.29M	52.29M	52.29M	52.29M	52.35M	52.76M	53.46M	48.88M	50.71M	51.25M	51.82M	55.93M	58.83M	62.39M	63.51M	71.00M	71.08M	71.34M	71.95M	73.39M	74.34M	74.58M	74.56M	74.29M	74.69M
Diluted Shares Outstanding	52.68M	52.68M	52.69M	52.69M	52.70M	58.42M	58.44M	58.54M	58.60M	58.72M	58.96M	59.65M	55.06M	56.88M	57.39M	57.97M	62.10M	65.26M	69.29M	70.49M	71.00M	71.08M	71.34M	71.95M	73.58M	74.57M	74.58M	74.56M	74.29M	74.69M
EBITDA	568.01M	430.18M	-286.12M	-266.72M	-212.93M	373.78M	316.93M	320.19M	266.25M	425.00M	682.00M	440.00M	263.00M	513.00M	195.27M	146.04M	343.44M	339.13M	379.69M	370.53M	306.25M	261.00M	185.23M	226.68M	210.52M	198.36M	176.81M	153.48M	138.90M	105.70M
EBITDA Margin	17.42%	15.14%	-10.59%	-10.38%	-8.46%	15.52%	18.45%	19.80%	17.49%	7.07%	11.16%	8.18%	5.45%	10.49%	17.43%	13.60%	27.71%	27.50%	33.75%	32.99%	29.20%	27.09%	22.63%	29.30%	29.61%	29.69%	28.23%	26.15%	25.30%	20.97%
EBIT	561.94M	378.46M	380.54M	369.25M	397.56M	373.78M	316.93M	320.19M	266.25M	425.00M	682.00M	440.00M	259.00M	501.00M	157.28M	109.10M	312.08M	303.08M	342.84M	331.55M	301.96M	257.01M	182.88M	223.94M	208.75M	196.36M	174.92M	152.05M	138.10M	105.00M
EBIT Margin	17.24%	13.32%	14.09%	14.37%	15.80%	15.52%	18.45%	19.80%	17.49%	7.07%	11.16%	8.18%	5.37%	10.25%	14.04%	10.16%	25.18%	24.58%	30.48%	29.52%	28.79%	26.68%	22.34%	28.95%	29.36%	29.39%	27.93%	25.91%	25.15%	20.83%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31