Erie Indemnity (ERIE) Revenue & Revenue Breakdown


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Erie Indemnity Revenue Highlights


Latest Revenue (Y)

$3.80B

Latest Revenue (Q)

$999.89M

Main Segment (Y)

Policy Issuance and Renewal Services

Main Geography (Y)

Service Agreement

Erie Indemnity Revenue by Period


Erie Indemnity Revenue by Year

DateRevenueChange
2024-12-31$3.80B16.10%
2023-12-31$3.27B15.07%
2022-12-31$2.84B5.16%
2021-12-31$2.70B5.14%
2020-12-31$2.57B2.10%
2019-12-31$2.52B4.47%
2018-12-31$2.41B40.25%
2017-12-31$1.72B6.19%
2016-12-31$1.62B6.25%
2015-12-31$1.52B-74.68%
2014-12-31$6.01B-1.62%
2013-12-31$6.11B13.55%
2012-12-31$5.38B15.10%
2011-12-31$4.67B-1.83%
2010-12-31$4.76B298.05%
2009-12-31$1.20B11.97%
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$1.20B7.61%
2003-12-31$1.12B10.91%
2002-12-31$1.01B23.20%
2001-12-31$817.87M7.14%
2000-12-31$763.38M8.12%
1999-12-31$706.04M6.45%
1998-12-31$663.28M12.58%
1997-12-31$589.16M5.72%
1996-12-31$557.29M1.49%
1995-12-31$549.10M8.93%
1994-12-31$504.10M8.78%
1993-12-31$463.40M-

Erie Indemnity generated $3.80B in revenue during NA 2024, up 16.10% compared to the previous quarter, and up 150.80% compared to the same period a year ago.

Erie Indemnity Revenue by Quarter

DateRevenueChange
2024-09-30$999.89M1.18%
2024-06-30$988.18M12.23%
2024-03-31$880.51M7.71%
2023-12-31$817.45M-4.83%
2023-09-30$858.94M0.87%
2023-06-30$851.50M13.88%
2023-03-31$747.73M6.68%
2022-12-31$700.92M-5.37%
2022-09-30$740.66M2.29%
2022-06-30$724.05M7.25%
2022-03-31$675.12M4.14%
2021-12-31$648.26M-8.49%
2021-09-30$708.44M1.72%
2021-06-30$696.45M7.45%
2021-03-31$648.16M3.99%
2020-12-31$623.32M-6.45%
2020-09-30$666.30M-0.69%
2020-06-30$670.90M9.76%
2020-03-31$611.25M0.94%
2019-12-31$605.54M-6.70%
2019-09-30$649.06M-1.20%
2019-06-30$656.96M8.58%
2019-03-31$605.05M3.84%
2018-12-31$582.65M-5.99%
2018-09-30$619.78M-1.29%
2018-06-30$627.88M8.53%
2018-03-31$578.51M41.92%
2017-12-31$407.62M-9.29%
2017-09-30$449.36M-1.21%
2017-06-30$454.86M12.12%
2017-03-31$405.69M5.14%
2016-12-31$385.85M-9.10%
2016-09-30$424.45M-1.10%
2016-06-30$429.17M13.55%
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$1.59B14.01%
2014-09-30$1.39B-11.39%
2014-06-30$1.57B7.53%
2014-03-31$1.46B-11.35%
2013-12-31$1.65B7.01%
2013-09-30$1.54B11.03%
2013-06-30$1.39B-9.64%
2013-03-31$1.53B14.55%
2012-12-31$1.34B-5.57%
2012-09-30$1.42B26.36%
2012-06-30$1.12B-25.08%
2012-03-31$1.50B5.64%
2011-12-31$1.42B87.70%
2011-09-30$756.00M-37.37%
2011-06-30$1.21B-6.65%
2011-03-31$1.29B-2.85%
2010-12-31$1.33B0.15%
2010-09-30$1.33B49.49%
2010-06-30$889.00M-26.71%
2010-03-31$1.21B324.02%
2009-12-31$286.07M-8.36%
2009-09-30$312.16M-1.40%
2009-06-30$316.60M12.47%
2009-03-31$281.50M15.70%
2008-12-31$243.30M-7.62%
2008-09-30$263.38M-11.72%
2008-06-30$298.33M13.27%
2008-03-31$263.38M-0.02%
2007-12-31$263.43M-

Erie Indemnity generated $999.89M in revenue during Q3 2024, up 1.18% compared to the previous quarter, and up 117.43% compared to the same period a year ago.

Erie Indemnity Revenue Breakdown


Erie Indemnity Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 20Dec 19Dec 18
Policy Issuance and Renewal Services$2.89B$2.44B---
Service Agreement$26.35M$26.06M$25.80M$27.63M$28.68M

Erie Indemnity's latest annual revenue breakdown by segment (product or service), as of Dec 24: Policy Issuance and Renewal Services (99.10%), and Service Agreement (0.90%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Policy Issuance and Renewal Services$1.36B$769.16M$760.89M$1.79B$649.05M---------------
Service Agreement$13.06M$6.82M$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

Erie Indemnity's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Policy Issuance and Renewal Services (99.05%), and Service Agreement (0.95%).

Erie Indemnity Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
MMCMarsh & McLennan Companies$24.46B$5.70B
AONAon$15.70B$3.65B
AJGArthur J. Gallagher$11.55B$2.81B
WTWWillis Towers Watson Public$9.93B$1.81B
BROBrown & Brown$4.80B$1.19B
ERIEErie Indemnity$3.80B$999.89M
CRD-ACrawford$1.34B$342.73M
HUIZHuize$1.20B$310.31M
CRVLCorVel$795.31M-
EHTHeHealth$532.41M$58.41M

ERIE Revenue FAQ


What is Erie Indemnity’s yearly revenue?

Erie Indemnity's yearly revenue for 2024 was $3.8B, representing an increase of 16.10% compared to 2023. The company's yearly revenue for 2023 was $3.27B, representing an increase of 15.07% compared to 2022. ERIE's yearly revenue for 2022 was $2.84B, representing an increase of 5.16% compared to 2021.

What is Erie Indemnity’s quarterly revenue?

Erie Indemnity's quarterly revenue for Q3 2024 was $999.89M, a 1.18% increase from the previous quarter (Q2 2024), and a 16.41% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $988.18M, a 12.23% increase from the previous quarter (Q1 2024), and a 16.05% increase year-over-year (Q2 2023). ERIE'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).

What is Erie Indemnity’s revenue growth rate?

Erie Indemnity's revenue growth rate for the last 3 years (2022-2024) was 33.60%, and for the last 5 years (2020-2024) was 47.71%.

What are Erie Indemnity’s revenue streams?

Erie Indemnity's revenue streams in c 24 are Policy Issuance and Renewal Services, and Service Agreement. Policy Issuance and Renewal Services generated $2.89B in revenue, accounting 99.10% of the company's total revenue, up 18.51% year-over-year. Service Agreement generated $26.35M in revenue, accounting 0.90% of the company's total revenue, up 1.12% year-over-year.

What is Erie Indemnity’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Erie Indemnity was Policy Issuance and Renewal Services. This segment made a revenue of $2.89B, representing 99.10% of the company's total revenue.