Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Revenue of Erie Indemnity Company (ERIE)
Revenue in 2023 (TTM): $3.27 B
According to Erie Indemnity Company's latest financial reports the company's current revenue (TTM) is $3.27 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Erie Indemnity Company
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.27 B | $520.26 M | $600.23 M | $561.94 M | $446.06 M |
| 2022 | $2.84 B | $376.85 M | $430.18 M | $376.45 M | $298.57 M |
| 2021 | $2.7 B | $385.43 M | $318.1 M | $376.4 M | $297.86 M |
| 2020 | $2.57 B | $371.02 M | $338.16 M | $368.52 M | $293.3 M |
| 2019 | $2.52 B | $396.65 M | $-212,932,000 | $396.71 M | $316.82 M |
| 2018 | $2.41 B | $370.96 M | $373.78 M | $371.32 M | $288.22 M |
| 2017 | $1.72 B | $316.01 M | $316.93 M | $315.7 M | $197 M |
| 2016 | $1.62 B | $708.48 M | $320.19 M | $320.09 M | $210.37 M |
| 2015 | $1.52 B | $657.89 M | $266.25 M | $266.25 M | $174.68 M |
| 2014 | $6.01 B | $717 M | $846 M | $830 M | $168 M |
| 2013 | $6.11 B | $1.41 B | $1.58 B | $1.57 B | $163 M |
| 2012 | $5.38 B | $768 M | $922 M | $899 M | $160 M |
| 2011 | $4.68 B | $4.68 B | $368 M | $358 M | $169 M |
| 2010 | $4.76 B | $4.76 B | $ | $999 M | $162 M |
| 2009 | $1.2 B | $1.2 B | $278.23 M | $152.08 M | $108.49 M |
| 2008 | $1.07 B | $1.07 B | $ | $122.71 M | $69.24 M |
| 2007 | $1.18 B | $1.18 B | $303.34 M | $309.17 M | $212.95 M |
| 2006 | $1.19 B | $1.19 B | $293.08 M | $298.8 M | $204.03 M |
| 2005 | $1.2 B | $1.2 B | $338.25 M | $339.46 M | $231.1 M |
| 2004 | $1.2 B | $1.2 B | $355.01 M | $326.35 M | $226.41 M |
| 2003 | $1.12 B | $1.12 B | $232.6 M | $295.05 M | $199.73 M |
| 2002 | $1.01 B | $1.01 B | $ | $255.4 M | $172.13 M |
| 2001 | $817.87 M | $817.87 M | $ | $182.88 M | $122.26 M |
| 2000 | $763.39 M | $763.39 M | $226.68 M | $223.94 M | $152.39 M |
| 1999 | $706.04 M | $706.04 M | $ | $208.76 M | $143.11 M |
| 1998 | $663.28 M | $663.28 M | $ | $196.36 M | $134.55 M |
| 1997 | $589.16 M | $589.16 M | $ | $174.92 M | $118.58 M |
| 1996 | $557.29 M | $557.29 M | $ | $152.05 M | $105.13 M |
| 1995 | $549.1 M | $549.1 M | $ | $573.5 M | $93.6 M |
| 1994 | $504.1 M | $504.1 M | $ | $595.8 M | $71.7 M |
| 1993 | $463.4 M | $463.4 M | $ | $540.1 M | $60.4 M |