Erie Indemnity Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	3,269	2,840	2,634	2,536	2,477	Upgrade
Revenue Growth (YoY)	15.10%	7.83%	3.84%	2.39%	3.99%	Upgrade
Cost of Revenue	2,749	2,464	2,316	2,198	2,120	Upgrade
Gross Profit	520.26	376.21	318.1	338.16	357.34	Upgrade
Operating Income	520.26	376.21	318.1	338.16	357.34	Upgrade
Interest Expense / Income	0	2.01	4.13	0.73	0.86	Upgrade
Other Expense / Income	-41.68	-2.25	-62.44	-31.09	-40.22	Upgrade
Pretax Income	561.94	376.45	376.4	368.52	396.71	Upgrade
Income Tax	115.88	77.88	78.54	75.21	79.88	Upgrade
Net Income	446.06	298.57	297.86	293.3	316.82	Upgrade
Net Income Growth	49.40%	0.24%	1.55%	-7.42%	9.92%	Upgrade
Shares Outstanding (Basic)	46	46	46	46	46	Upgrade
Shares Outstanding (Diluted)	52	52	52	52	52	Upgrade
Shares Change	0.00%	-0.02%	-0.01%	-0.01%	0.01%	Upgrade
EPS (Basic)	9.58	6.41	6.40	6.30	6.80	Upgrade
EPS (Diluted)	8.53	5.71	5.69	5.61	6.06	Upgrade
EPS Growth	49.39%	0.35%	1.43%	-7.43%	9.98%	Upgrade
Free Cash Flow	288.56	299.21	253.99	287.08	263.27	Upgrade
Free Cash Flow Per Share	6.25	6.48	5.50	6.21	5.70	Upgrade
Dividend Per Share	4.760	4.440	4.140	5.860	3.600	Upgrade
Dividend Growth	7.21%	7.25%	-29.35%	62.78%	7.14%	Upgrade
Gross Margin	15.92%	13.25%	12.08%	13.33%	14.42%	Upgrade
Operating Margin	15.92%	13.25%	12.08%	13.33%	14.42%	Upgrade
Profit Margin	13.65%	10.51%	11.31%	11.56%	12.79%	Upgrade
Free Cash Flow Margin	8.83%	10.54%	9.64%	11.32%	10.63%	Upgrade
Effective Tax Rate	20.62%	20.69%	20.87%	20.41%	20.14%	Upgrade
EBITDA	561.94	378.46	380.54	369.25	397.56	Upgrade
EBITDA Margin	17.19%	13.33%	14.45%	14.56%	16.05%	Upgrade
EBIT	561.94	378.46	380.54	369.25	397.56	Upgrade
EBIT Margin	17.19%	13.33%	14.45%	14.56%	16.05%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).