Erie Indemnity Company (ERIE)

$ 366.36
   
  • Change Today:
    $6.54
  • 52 Week High: $544.84
  • 52 Week Low: $348.57
  • Currency: US Dollars
  • Shares Issued: 46.19m
  • Volume: 101,782
  • Market Cap: $16,922m
  • RiskGrade: 107

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22
Continuing Operations      
Revenue 3,795.11 3,268.94 2,840.12
Operating Profit/(Loss) 676.46 520.26 376.21
Profit Before Tax 757.28 561.94 376.45
Profit After Tax 600.31 446.06 298.57
       
Earnings per Share - Basic 1,289.00¢ 958.00¢ 641.00¢
Earnings per Share - Adjusted 1,289.00¢ 958.00¢ 641.00¢
       
Dividend per Share 519.00¢ 484.50¢ 452.00¢
  $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22
Assets      
Non-Current Assets      
Property, Plant & Equipment 513.49 442.61 413.87
Intangible Assets n/a n/a n/a
Other Non-Current Assets 1,230.09 1,099.17 1,046.79
  1,743.58 1,541.78 1,460.66
Current Assets      
Inventories n/a n/a n/a
Cash at Bank & in Hand 298.40 144.05 142.09
Other Current Assets 846.64 786.13 636.71
  1,145.03 930.19 778.80
       
Other Assets n/a n/a n/a
Total Assets 2,888.61 2,471.96 2,239.46
Current Liabilities      
Borrowings n/a n/a n/a
Other Current Liabilities 802.51 708.98 665.11
       
Current Liabilities 802.51 708.98 665.11
       
Net Current Assets c342.52 c221.21 c113.68
       
Borrowings n/a n/a n/a
Other Non-Current Liabilities 98.84 100.15 125.94
Non-Current Liabilities 98.84 100.15 125.94
       
Other Liabilities n/a n/a n/a
Total Liabilities 901.36 809.13 791.05
       
Net Assets 1,987.26 1,662.83 1,448.41
       
Shareholders Funds 1,987.26 1,662.83 1,448.41
       
Minority Interests/Other Equity n/a n/a n/a
Total Equity 1,987.26 1,662.83 1,448.41
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22
Net Cash Flow From Operating Activities 611.25 381.20 366.15
Net Cash Flow from Investing Activities (226.91) (157.57) (106.92)
Net Cash Flow from Financing Activities (229.99) (221.68) (300.84)
Net Increase/Decrease In Cash 154.34 1.97 (41.61)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22
Continuing Operations      
PE Ratio - Adjusted 32.0 35.0 38.8
PEG - Adjusted 0.9 0.7 n/a
Earnings per Share Growth - Adjusted 35% 50% n/a
Dividend Cover 2.48 1.98 1.42
Revenue per Share 8,216.49¢ 7,077.31¢ 6,148.92¢
Pre-Tax Profit per Share 1,639.52¢ 1,216.60¢ 815.02¢
Operating Margin 17.82% 15.92% 13.25%
Return on Capital Employed 38.11% 33.79% 25.99%
       
Dividend Yield 1.3% 1.4% 1.8%
Dividend per Share Growth 7.12% 7.19% n/a
Operating Cash Flow per Share 1,323.37¢ 825.32¢ n/a
Cash Incr/Decr per Share 334.15¢ 4.25¢ (90.09¢)
Net Asset Value per Share (exc. Intangibles) 4,302.45¢ 3,600.07¢ 3,135.83¢
Net Gearing n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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