Erie Indemnity Stock

Erie Indemnity Net Income 2024

Erie Indemnity Net Income

604.29 M USD

Ticker

ERIE

ISIN

US29530P1021

WKN

919562

In 2024, Erie Indemnity's profit amounted to 604.29 M USD, a 35.47% increase from the 446.06 M USD profit recorded in the previous year.

The Erie Indemnity Net Income history

YEARNET INCOME (undefined USD)
2025e714.7
2024e604.29
2023446.06
2022298.6
2021297.9
2020293.3
2019316.8
2018288.2
2017197
2016210.4
2015174.7
2014167.5
2013162.6
2012160
2011169
2010162
2009108
200869
2007212.9
2006204
2005231.1
2004226.4

Erie Indemnity Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Erie Indemnity, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Erie Indemnity from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Erie Indemnity’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Erie Indemnity. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Erie Indemnity’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Erie Indemnity’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Erie Indemnity’s growth potential.

Erie Indemnity Revenue, EBIT and net profit per share

DateErie Indemnity RevenueErie Indemnity EBITErie Indemnity Net Income
2025e4.3 B undefined0 undefined714.7 M undefined
2024e3.86 B undefined0 undefined604.29 M undefined
20233.27 B undefined520.26 M undefined446.06 M undefined
20222.84 B undefined376.2 M undefined298.6 M undefined
20212.63 B undefined318.1 M undefined297.9 M undefined
20202.54 B undefined338.2 M undefined293.3 M undefined
20192.48 B undefined357.3 M undefined316.8 M undefined
20182.38 B undefined344.4 M undefined288.2 M undefined
20171.69 B undefined290.3 M undefined197 M undefined
20161.6 B undefined292.3 M undefined210.4 M undefined
20151.51 B undefined232.6 M undefined174.7 M undefined
20141.41 B undefined222.8 M undefined167.5 M undefined
20131.3 B undefined209.3 M undefined162.6 M undefined
20125.51 B undefined899 M undefined160 M undefined
20114.83 B undefined360 M undefined169 M undefined
20104.9 B undefined1.03 B undefined162 M undefined
20094.38 B undefined650 M undefined108 M undefined
20083.22 B undefined-268 M undefined69 M undefined
20071.24 B undefined309.2 M undefined212.9 M undefined
20061.23 B undefined298.8 M undefined204 M undefined
20051.24 B undefined339.5 M undefined231.1 M undefined
20041.21 B undefined326.3 M undefined226.4 M undefined

Erie Indemnity stock margins

The Erie Indemnity margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Erie Indemnity. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Erie Indemnity.
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Gross margin
EBIT margin
Profit margin
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Erie Indemnity's sales revenue. A higher gross margin percentage indicates that the Erie Indemnity retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Erie Indemnity's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Erie Indemnity's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Erie Indemnity's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Erie Indemnity. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Erie Indemnity's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Erie Indemnity Margin History

Erie Indemnity Gross marginErie Indemnity Profit marginErie Indemnity EBIT marginErie Indemnity Profit margin
2025e15.92 %0 %16.63 %
2024e15.92 %0 %15.67 %
202315.92 %15.92 %13.65 %
202213.25 %13.25 %10.51 %
202112.08 %12.08 %11.31 %
202013.33 %13.33 %11.56 %
201914.42 %14.42 %12.79 %
201814.45 %14.46 %12.1 %
201717.16 %17.16 %11.64 %
201615.92 %18.31 %13.18 %
201515.92 %15.45 %11.6 %
201415.92 %15.83 %11.9 %
201315.92 %16.13 %12.53 %
201215.92 %16.31 %2.9 %
201115.92 %7.46 %3.5 %
201015.92 %20.98 %3.31 %
200915.92 %14.84 %2.47 %
200815.92 %-8.32 %2.14 %
200715.92 %24.94 %17.17 %
200615.92 %24.23 %16.55 %
200515.92 %27.37 %18.63 %
200415.92 %26.94 %18.69 %

Erie Indemnity Aktienanalyse

What does Erie Indemnity do?

The Erie Indemnity Company is an American insurance company based in Erie, Pennsylvania. Founded in 1925 by H.O. Hirt and O.G. Crawford, the company employs over 5,000 employees and is one of the largest providers of auto insurance in the United States. Erie Indemnity is an insurance organization where policyholders themselves are the owners of the company. The company focuses on providing the best advice and building long-term customer relationships. They offer a variety of insurance products, such as auto, home, and life insurance, and prioritize individualized consultation and tailored coverage. Erie Indemnity is proud of its high customer satisfaction ratings and regularly earns top rankings in independent studies. In addition to traditional insurance products, the company also provides innovative services, such as free accident claims processing and exclusive driver safety training. Employee training and development are also key priorities, ensuring staff are up to date on industry advancements and legislation to provide optimal service. Erie Indemnity has expanded its business to new markets, offering insurance for small and medium-sized businesses and dabbling in cybersecurity. In summary, Erie Indemnity is a successful and innovative insurance company that prioritizes customer orientation and personalized consultation. The company will continue to pursue its path and meet the challenges of the industry in the future. Erie Indemnity ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Erie Indemnity's Profit Margins

The profit margins of Erie Indemnity represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Erie Indemnity's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Erie Indemnity's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Erie Indemnity's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Erie Indemnity’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Erie Indemnity stock

How much profit has Erie Indemnity made this year?

Erie Indemnity has made 604.29 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 35.47% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Erie Indemnity publish its earnings?

Erie Indemnity publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Erie Indemnity?

The profits of Erie Indemnity are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Erie Indemnity?

You can learn more about the earnings of Erie Indemnity by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Erie Indemnity pay?

Over the past 12 months, Erie Indemnity paid a dividend of 4.76 USD . This corresponds to a dividend yield of about 0.88 %. For the coming 12 months, Erie Indemnity is expected to pay a dividend of 4.86 USD.

What is the dividend yield of Erie Indemnity?

The current dividend yield of Erie Indemnity is 0.88 %.

When does Erie Indemnity pay dividends?

Erie Indemnity pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Erie Indemnity?

Erie Indemnity paid dividends every year for the past 35 years.

What is the dividend of Erie Indemnity?

For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 0.9 %.

In which sector is Erie Indemnity located?

Erie Indemnity is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Erie Indemnity kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Erie Indemnity from 10/22/2024 amounting to 1.275 USD, you needed to have the stock in your portfolio before the ex-date on 10/7/2024.

When did Erie Indemnity pay the last dividend?

The last dividend was paid out on 10/22/2024.

What was the dividend of Erie Indemnity in the year 2023?

In the year 2023, Erie Indemnity distributed 4.44 USD as dividends.

In which currency does Erie Indemnity pay out the dividend?

The dividends of Erie Indemnity are distributed in USD.

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Andere Kennzahlen von Erie Indemnity

Our stock analysis for Erie Indemnity Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Erie Indemnity Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.