Erie Indemnity (ERIE) Revenue & Revenue Breakdown
Erie Indemnity Revenue Highlights
Latest Revenue (Y)
$28.97M
Latest Revenue (Q)
$990.44M
Main Segment (Y)
Policy Issuance and Renewal Services
Main Geography (Y)
Service Agreement
Erie Indemnity Revenue by Period
Erie Indemnity Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $28.97M | -98.98% |
| 2022-12-31 | $2.84B | 5.16% |
| 2021-12-31 | $2.70B | 5.14% |
| 2020-12-31 | $2.57B | 2.10% |
| 2019-12-31 | $2.52B | 4.47% |
| 2018-12-31 | $2.41B | 40.25% |
| 2017-12-31 | $1.72B | 6.19% |
| 2016-12-31 | $1.62B | 6.25% |
| 2015-12-31 | $1.52B | -74.68% |
| 2014-12-31 | $6.01B | -1.62% |
| 2013-12-31 | $6.11B | 13.55% |
| 2012-12-31 | $5.38B | 15.10% |
| 2011-12-31 | $4.67B | -1.83% |
| 2010-12-31 | $4.76B | 298.05% |
| 2009-12-31 | $1.20B | 11.97% |
| 2008-12-31 | $1.07B | -9.45% |
| 2007-12-31 | $1.18B | -0.95% |
| 2006-12-31 | $1.19B | -0.91% |
| 2005-12-31 | $1.20B | -0.04% |
| 2004-12-31 | $1.20B | 7.61% |
| 2003-12-31 | $1.12B | 10.91% |
| 2002-12-31 | $1.01B | 23.20% |
| 2001-12-31 | $817.87M | 7.14% |
| 2000-12-31 | $763.38M | 8.12% |
| 1999-12-31 | $706.04M | 6.45% |
| 1998-12-31 | $663.28M | 12.58% |
| 1997-12-31 | $589.16M | 5.72% |
| 1996-12-31 | $557.29M | 1.49% |
| 1995-12-31 | $549.10M | 8.93% |
| 1994-12-31 | $504.10M | 8.78% |
| 1993-12-31 | $463.40M | - |
Erie Indemnity generated $28.97M in revenue during NA 2023, up -98.98% compared to the previous quarter, and up 1.20% compared to the same period a year ago.
Erie Indemnity Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $990.44M | 12.49% |
| 2024-03-31 | $880.51M | 7.71% |
| 2023-12-31 | $817.45M | -4.83% |
| 2023-09-30 | $858.94M | 0.87% |
| 2023-06-30 | $851.50M | 13.88% |
| 2023-03-31 | $747.73M | 6.68% |
| 2022-12-31 | $700.92M | -5.37% |
| 2022-09-30 | $740.66M | 2.29% |
| 2022-06-30 | $724.05M | 7.25% |
| 2022-03-31 | $675.12M | 4.14% |
| 2021-12-31 | $648.26M | -8.49% |
| 2021-09-30 | $708.44M | 1.72% |
| 2021-06-30 | $696.45M | 7.45% |
| 2021-03-31 | $648.16M | 3.99% |
| 2020-12-31 | $623.32M | -6.45% |
| 2020-09-30 | $666.30M | -0.69% |
| 2020-06-30 | $670.90M | 9.76% |
| 2020-03-31 | $611.25M | 0.94% |
| 2019-12-31 | $605.54M | -6.70% |
| 2019-09-30 | $649.06M | -1.20% |
| 2019-06-30 | $656.96M | 8.58% |
| 2019-03-31 | $605.05M | 3.84% |
| 2018-12-31 | $582.65M | -5.99% |
| 2018-09-30 | $619.78M | -1.29% |
| 2018-06-30 | $627.88M | 8.53% |
| 2018-03-31 | $578.51M | 41.92% |
| 2017-12-31 | $407.62M | -9.29% |
| 2017-09-30 | $449.36M | -1.21% |
| 2017-06-30 | $454.86M | 12.12% |
| 2017-03-31 | $405.69M | 5.14% |
| 2016-12-31 | $385.85M | -9.10% |
| 2016-09-30 | $424.45M | -1.10% |
| 2016-06-30 | $429.17M | 13.55% |
| 2016-03-31 | $377.96M | -112.95% |
| 2015-12-31 | $-2.92B | -323.93% |
| 2015-09-30 | $1.30B | -16.47% |
| 2015-06-30 | $1.56B | -1.08% |
| 2015-03-31 | $1.58B | -0.63% |
| 2014-12-31 | $1.59B | 14.01% |
| 2014-09-30 | $1.39B | -11.39% |
| 2014-06-30 | $1.57B | 7.53% |
| 2014-03-31 | $1.46B | -11.35% |
| 2013-12-31 | $1.65B | 7.01% |
| 2013-09-30 | $1.54B | 11.03% |
| 2013-06-30 | $1.39B | -9.64% |
| 2013-03-31 | $1.53B | 14.55% |
| 2012-12-31 | $1.34B | -5.57% |
| 2012-09-30 | $1.42B | 26.36% |
| 2012-06-30 | $1.12B | -25.08% |
| 2012-03-31 | $1.50B | 5.64% |
| 2011-12-31 | $1.42B | 87.70% |
| 2011-09-30 | $756.00M | -37.37% |
| 2011-06-30 | $1.21B | -6.65% |
| 2011-03-31 | $1.29B | -2.85% |
| 2010-12-31 | $1.33B | 0.15% |
| 2010-09-30 | $1.33B | 49.49% |
| 2010-06-30 | $889.00M | -26.71% |
| 2010-03-31 | $1.21B | 324.02% |
| 2009-12-31 | $286.07M | -8.36% |
| 2009-09-30 | $312.16M | -1.40% |
| 2009-06-30 | $316.60M | 12.47% |
| 2009-03-31 | $281.50M | 15.70% |
| 2008-12-31 | $243.30M | -7.62% |
| 2008-09-30 | $263.38M | -11.72% |
| 2008-06-30 | $298.33M | 13.27% |
| 2008-03-31 | $263.38M | -0.02% |
| 2007-12-31 | $263.43M | - |
Erie Indemnity generated $990.44M in revenue during Q2 2024, up 12.49% compared to the previous quarter, and up 132.46% compared to the same period a year ago.
Erie Indemnity Revenue Breakdown
Erie Indemnity Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Service Agreement | $26.06M | $25.80M | $27.63M | $28.68M |
| Policy Issuance and Renewal Services | $2.44B | - | - | - |
Erie Indemnity's latest annual revenue breakdown by segment (product or service), as of Dec 23: Policy Issuance and Renewal Services (98.94%), and Service Agreement (1.06%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service Agreement | $6.47M | $6.65M | $6.62M | $6.43M | $6.36M | $6.51M | $6.26M | $6.44M | $6.48M | $5.99M | $6.07M | $5.90M | $6.08M | $6.38M | $6.31M | $6.45M | $6.66M | $6.87M | $7.16M | $6.91M |
| Policy Issuance and Renewal Services | $760.89M | $1.79B | $649.05M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Erie Indemnity's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Policy Issuance and Renewal Services (99.16%), and Service Agreement (0.84%).
Erie Indemnity Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Service Agreement | $25.80M | $27.63M | $28.68M |
Erie Indemnity's latest annual revenue breakdown by geography, as of Dec 20: Service Agreement (100.00%).
Erie Indemnity Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MMC | Marsh & McLennan Companies | $22.74B | $6.22B |
| AON | Aon | $13.38B | $3.76B |
| WTW | Willis Towers Watson Public | $9.48B | $2.27B |
| BRO | Brown & Brown | $4.26B | $1.18B |
| FANH | Fanhua | $3.20B | $603.39M |
| CRD-A | Crawford | $1.32B | $326.85M |
| BRP | Baldwin Insurance Group | $1.22B | $380.37M |
| HUIZ | Huize | $1.20B | $310.31M |
| CRVL | CorVel | $795.31M | $211.72M |
| EHTH | eHealth | $452.87M | $92.96M |
| ERIE | Erie Indemnity | $28.97M | $990.44M |
| AJG | Arthur J. Gallagher | $1.70M | $2.78B |
ERIE Revenue FAQ
What is Erie Indemnity’s yearly revenue?
Erie Indemnity's yearly revenue for 2023 was $28.97M, representing a decrease of -98.98% compared to 2022. The company's yearly revenue for 2022 was $2.84B, representing an increase of 5.16% compared to 2021. ERIE's yearly revenue for 2021 was $2.7B, representing an increase of 5.14% compared to 2020.
What is Erie Indemnity’s quarterly revenue?
Erie Indemnity's quarterly revenue for Q2 2024 was $990.44M, a 12.49% increase from the previous quarter (Q1 2024), and a 16.32% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $880.51M, a 7.71% increase from the previous quarter (Q4 2023), and a 17.76% increase year-over-year (Q1 2023). ERIE's quarterly revenue for Q4 2023 was $817.45M, a -4.83% decrease from the previous quarter (Q3 2023), and a 16.63% increase year-over-year (Q4 2022).
What is Erie Indemnity’s revenue growth rate?
Erie Indemnity's revenue growth rate for the last 3 years (2021-2023) was -98.93%, and for the last 5 years (2019-2023) was -98.85%.
What are Erie Indemnity’s revenue streams?
Erie Indemnity's revenue streams in c 23 are Service Agreement, and Policy Issuance and Renewal Services. Service Agreement generated $26.06M in revenue, accounting 1.06% of the company's total revenue, up 1.02% year-over-year. Policy Issuance and Renewal Services generated $2.44B in revenue, accounting 98.94% of the company's total revenue
What is Erie Indemnity’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Erie Indemnity was Policy Issuance and Renewal Services. This segment made a revenue of $2.44B, representing 98.94% of the company's total revenue.