How does Erie Indemnity (ERIE) make money?

Erie Indemnity (ERIE) generates revenue primarily from Policy Issuance and Renewal Services, which accounted for 99.2% of total revenue in TTM through Q1 2026. The company reported $4.09B in revenue and converted 14% of it into net profit, equivalent to roughly $571M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Erie Indemnity (ERIE)?

Erie Indemnity (ERIE) reported a gross profit margin of 16.1% in TTM through Q1 2026, equivalent to $659M in gross profit on $4.09B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Erie Indemnity (ERIE)?

Erie Indemnity (ERIE) reported an operating profit margin of 17.9% in TTM through Q1 2026, equivalent to $734M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Erie Indemnity (ERIE)?

Erie Indemnity (ERIE) reported a net profit margin of 14% in TTM through Q1 2026, equivalent to $571M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Erie Indemnity (ERIE) profitable?

Yes. Erie Indemnity (ERIE) reported $571M in net income for TTM through Q1 2026, with a net profit margin of 14%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Erie Indemnity (ERIE) spend on capital expenditures?

Erie Indemnity (ERIE) spent $123M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 3.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Erie Indemnity (ERIE) generate?

Erie Indemnity (ERIE) generated $537M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 13.1%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Erie Indemnity (ERIE)?

Erie Indemnity (ERIE) had an effective tax rate of 21.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Erie Indemnity (ERIE)?

Erie Indemnity (ERIE) reports revenue across 2 reportable product segments, led by Policy Issuance and Renewal Services at 99.2% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Erie Indemnity Makes Money: 2026 Visual Revenue Map

Erie Indemnity (ERIE) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 23, 2026).

Erie Indemnity discloses geographic revenue only in annual filings. to view the full breakdown.

Erie Indemnity (ERIE) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Erie Indemnity (ERIE), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Policy Issuance and Renewal Services	$4.06B	99.2%
Service Agreement	$31.1M	0.8%
Total	$4.09B	100%

Policy Issuance and Renewal Services$4.06B
Service Agreement$31.1M
Total$4.09B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Erie Indemnity (ERIE) reports revenue across 2 reportable product segments; the largest segment was Policy Issuance and Renewal Services at 99.2%, followed by Service Agreement (0.8%).

Frequently asked questions

Data & methodology

Erie Indemnity (ERIE) Key Financials

Charts, filings, and peer comparison for every metric

Income Statement

Balance Sheet

Profitability

Cash Flow

Capital Return

Forecast & Valuation

Operations

Employees6.7K

Trains Company Knowledge

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

ERIE Overview

Counters