Erie Indemnity (ERIE) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Erie Indemnity Revenue Highlights

Latest Revenue (Y)

$28.97M

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

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
2024-09-30	$999.89M	1.18%
2024-06-30	$988.18M	12.23%
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 $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/Service	Dec 23	Dec 20	Dec 19	Dec 18
Policy Issuance and Renewal Services	$2.44B	-	-	-
Service Agreement	$26.06M	$25.80M	$27.63M	$28.68M

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	Sep 24	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
Policy Issuance and Renewal Services	$769.16M	$760.89M	$1.79B	$649.05M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Agreement	$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	$7.16M

Erie Indemnity's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Policy Issuance and Renewal Services (99.12%), and Service Agreement (0.88%).

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	$5.70B
AON	Aon	$13.38B	$3.65B
WTW	Willis Towers Watson Public	$9.48B	$1.81B
BRO	Brown & Brown	$4.26B	$1.19B
CRD-A	Crawford	$1.32B	$342.73M
HUIZ	Huize	$1.20B	$310.31M
CRVL	CorVel	$795.31M	$224.38M
EHTH	eHealth	$452.87M	$58.41M
ERIE	Erie Indemnity	$28.97M	$999.89M
AJG	Arthur J. Gallagher	$1.70M	$2.81B

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 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 (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 Policy Issuance and Renewal Services, and Service Agreement. Policy Issuance and Renewal Services generated $2.44B in revenue, accounting 98.94% of the company's total revenue Service Agreement generated $26.06M in revenue, accounting 1.06% of the company's total revenue, up 1.02% year-over-year.

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.