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ERIE Quote, Financials, Valuation and Earnings

Last price:
$284.17
Seasonality move :
2.79%
Day range:
$283.73 - $287.46
52-week range:
$273.59 - $456.93
Dividend yield:
1.92%
P/E ratio:
23.07x
P/S ratio:
3.70x
P/B ratio:
6.43x
Volume:
101.4K
Avg. volume:
167.4K
1-year change:
-32.49%
Market cap:
$14.8B
Revenue:
$3.8B
EPS (TTM):
$12.30
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $2.5B $2.6B $2.8B $3.3B $3.8B
Revenue Growth (YoY) 2.22% 4.01% 7.02% 15.43% 16.41%
 
Cost of Revenues $2.2B $2.3B $2.5B $2.7B $3.1B
Gross Profit $339M $323.2M $360.3M $511.2M $676M
Gross Profit Margin 13.36% 12.25% 12.76% 15.68% 17.82%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $635.2M $662.5M $694M $763.2M $832.7M
Operating Expenses -$5.5M $110K $11.4M -$3.2M -$3.6M
Operating Income $344.5M $323M $348.9M $514.4M $679.7M
 
Net Interest Expenses $731K $4.1M $2M -- --
EBT. Incl. Unusual Items $368.5M $376.4M $376.5M $561.9M $757.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $75.2M $78.5M $77.9M $115.9M $157M
Net Income to Company $293.3M $297.9M $298.6M $446.1M $600.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $293.3M $297.9M $298.6M $446.1M $600.3M
 
Basic EPS (Cont. Ops) $6.30 $6.40 $6.41 $9.58 $12.89
Diluted EPS (Cont. Ops) $5.57 $5.65 $5.67 $8.47 $11.39
Weighted Average Basic Share $46.6M $46.6M $46.6M $46.6M $46.6M
Weighted Average Diluted Share $52.7M $52.7M $52.7M $52.7M $52.7M
 
EBITDA $378.9M $372.1M $400.6M $568M $743.6M
EBIT $344.5M $323M $348.9M $514.4M $679.7M
 
Revenue (Reported) $2.5B $2.6B $2.8B $3.3B $3.8B
Operating Income (Reported) $344.5M $323M $348.9M $514.4M $679.7M
Operating Income (Adjusted) $344.5M $323M $348.9M $514.4M $679.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $689.8M $736.9M $856.6M $1B $1.1B
Revenue Growth (YoY) 5.24% 6.83% 16.24% 16.77% 6.72%
 
Cost of Revenues $592.7M $634.8M $710.5M $819.8M $857.8M
Gross Profit $97M $102.1M $146.1M $180.4M $209.6M
Gross Profit Margin 14.07% 13.86% 17.06% 18.04% 19.63%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $168.5M $174.9M $193.7M $213.6M --
Operating Expenses $312K $1.9M -$153K -$2.6M -$694K
Operating Income $96.7M $100.2M $146.2M $183.1M $210.3M
 
Net Interest Expenses $1M $115K -- -- --
EBT. Incl. Unusual Items $114.1M $106.3M $163.8M $200.8M $232.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $23.9M $22M $32.7M $41M $49.9M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $90.2M $84.3M $131M $159.8M $182.9M
 
Basic EPS (Cont. Ops) $1.94 $1.81 $2.81 $3.43 $3.93
Diluted EPS (Cont. Ops) $1.71 $1.60 $2.49 $3.03 $3.47
Weighted Average Basic Share $46.6M $46.6M $46.6M $46.6M $46.6M
Weighted Average Diluted Share $52.7M $52.7M $52.7M $52.7M $52.7M
 
EBITDA -- $100.2M -- -- $228.7M
EBIT $96.7M $100.2M $146.2M $183.1M $210.3M
 
Revenue (Reported) $689.8M $736.9M $856.6M $1B $1.1B
Operating Income (Reported) $96.7M $100.2M $146.2M $183.1M $210.3M
Operating Income (Adjusted) $96.7M $100.2M $146.2M $183.1M $210.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $2.6B $2.8B $3.1B $3.7B $4B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.3B $2.4B $2.7B $3.1B $3.3B
Gross Profit $325.7M $348.4M $460.4M $633.8M $728.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $655.8M $683.2M $745.9M $823.5M --
Operating Expenses -$5.5M $15.9M -$1.5M -$8.8M -$1.3M
Operating Income $331.3M $332.5M $461.9M $642.6M $729.3M
 
Net Interest Expenses $3.8M $3.1M -- -- --
EBT. Incl. Unusual Items $384.8M $364.3M $504M $705.4M $820.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $79.2M $76.2M $103.4M $146.2M $172.1M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $305.6M $288.1M $400.6M $559.2M $648M
 
Basic EPS (Cont. Ops) $6.48 $6.19 $8.60 $12.01 $13.91
Diluted EPS (Cont. Ops) $5.80 $5.48 $7.60 $10.61 $12.30
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $331.3M $332.5M $461.9M $642.6M $729.3M
 
Revenue (Reported) $2.6B $2.8B $3.1B $3.7B $4B
Operating Income (Reported) $331.3M $332.5M $461.9M $642.6M $729.3M
Operating Income (Adjusted) $331.3M $332.5M $461.9M $642.6M $729.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $2B $2.1B $2.4B $2.9B $3.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.7B $1.8B $2.1B $2.4B $2.6B
Gross Profit $259.9M $285.6M $384.5M $507M $559.5M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $491.2M $511.8M $563.8M $624.2M $434.7M
Operating Expenses -$1.5M $14.6M $569K -$5.1M -$2.2M
Operating Income $261.4M $271M $383.9M $512.1M $561.8M
 
Net Interest Expenses $3.1M $2M -- -- --
EBT. Incl. Unusual Items $306.6M $294.5M $422M $565.5M $628.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $63.8M $61.4M $86.9M $117.2M $132.3M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $242.8M $233.1M $335.1M $448.3M $496M
 
Basic EPS (Cont. Ops) $5.21 $5.00 $7.20 $9.63 $10.65
Diluted EPS (Cont. Ops) $4.61 $4.42 $6.36 $8.51 $9.41
Weighted Average Basic Share $139.7M $139.7M $139.7M $139.7M $139.7M
Weighted Average Diluted Share $158.1M $158M $158M $158.1M $158.1M
 
EBITDA -- $193.9M $237.7M $188.4M $444.4M
EBIT $261.4M $271M $383.9M $512.1M $561.8M
 
Revenue (Reported) $2B $2.1B $2.4B $2.9B $3.1B
Operating Income (Reported) $261.4M $271M $383.9M $512.1M $561.8M
Operating Income (Adjusted) $261.4M $271M $383.9M $512.1M $561.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $179M $222.1M $166.4M $226.1M $343M
Short Term Investments $17.7M $38.4M $24.3M $82M $44.6M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $732.3M $763.7M $778.8M $930.2M $1.1B
 
Property Plant And Equipment $279.7M $374.8M $413.9M $442.6M $513.5M
Long-Term Investments $1B $995.4M $943M $963.5M $1.1B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $2.3B $2.3B $2.5B $2.9B
 
Accounts Payable $150.7M $138.3M $165.9M $175.6M $190M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $2M $2.1M -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $627.7M $630.9M $665.1M $709M $802.5M
 
Long-Term Debt $97.5M $91.7M -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $971.5M $947M $833.8M $847.8M $940M
 
Common Stock $2.2M $2.2M $2.2M $2.2M $2.2M
Other Common Equity Adj -$78.1M -$25.3M -$7.4M -$13.4M -$47.6M
Common Equity $1.2B $1.3B $1.4B $1.7B $2B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.2B $1.3B $1.4B $1.7B $2B
 
Total Liabilities and Equity $2.2B $2.3B $2.3B $2.5B $2.9B
Cash and Short Terms $179M $222.1M $166.4M $226.1M $343M
Total Debt $99.5M $93.8M -- -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $266.6M $123.4M $172.7M $269.8M $632.7M
Short Term Investments $30.6M $25.8M $69.8M $48.6M --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $831.2M $724.5M $873.8M $1.1B $1.5B
 
Property Plant And Equipment $277.9M $408.8M $435M $480.7M $557.6M
Long-Term Investments $993.1M $917.9M $924.9M $1.1B $1.1B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $2.2B $2.4B $2.9B $3.3B
 
Accounts Payable $148.3M $149M $165.8M $194.6M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $2.1M -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $614.3M $634.2M $680.9M $806.9M $897.6M
 
Long-Term Debt $92.3M -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $949.7M $821.2M $782.7M $916.2M $1B
 
Common Stock $2.2M $2.2M $2.2M $2.2M $2.2M
Other Common Equity Adj -$77.6M -$89.2M -$12.8M $1.6M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.3B $1.4B $1.6B $1.9B $2.3B
 
Total Liabilities and Equity $2.2B $2.2B $2.4B $2.9B $3.3B
Cash and Short Terms $266.6M $123.4M $172.7M $269.8M $632.7M
Total Debt $94.3M -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $293.3M $297.9M $298.6M $446.1M $600.3M
Depreciation & Amoritzation $34.3M $49.1M $51.7M $53.6M $63.9M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$29.5M $15.4M -$47.8M -$101.6M -$83.3M
Change in Inventories -- -- -- -- --
Cash From Operations $342.6M $402.8M $366.2M $381.2M $611.2M
 
Capital Expenditures $55.5M $148.8M $67.2M $92.6M $124.8M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$243.2M -$185.5M -$106.9M -$157.6M -$226.9M
 
Dividends Paid (Ex Special Dividend) $272.9M $192.8M $206.8M $221.7M $237.5M
Special Dividend Paid
Long-Term Debt Issued -- -- $55M -- --
Long-Term Debt Repaid -$2M -$2M -$149.1M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$274.9M -$194.8M -$300.8M -$221.7M -$230M
 
Beginning Cash (CF) $161.2M $183.7M $142.1M $144.1M $298.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$175.5M $22.5M -$41.6M $2M $154.3M
Ending Cash (CF) -$14.3M $206.2M $100.5M $146M $452.7M
 
Levered Free Cash Flow $287.1M $254M $298.9M $288.6M $486.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $696.2M $741.5M $838.8M $980M $1.1B
Change in Inventories -- -- -- -- --
Cash From Operations $136.3M $131.8M $52.8M $199.2M $219.4M
 
Capital Expenditures $9.9M $22.9M $27.1M $27.7M $35M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$7.6M -$32.8M -$37.5M -$90.8M $35.5M
 
Dividends Paid (Ex Special Dividend) $48.2M $51.7M $55.4M $59.4M $63.6M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$513K -$40M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- $1.6M --
Cash From Financing -$48.7M -$91.7M -$55.4M -$57.8M -$44.4M
 
Beginning Cash (CF) $236M $97.7M $102.9M $221.2M $568.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $80M $7.3M -$40.1M $50.6M $210.5M
Ending Cash (CF) $316M $105M $62.8M $271.8M $779.1M
 
Levered Free Cash Flow $126.4M $109M $25.7M $171.5M $184.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $72.6M $111.3M $243.1M $286.3M $233.6M
Change in Inventories -- -- -- -- --
Cash From Operations $372.2M $376.9M $360.8M $566.2M $708.6M
 
Capital Expenditures $41.3M $161.6M $88.4M $98.7M $131.6M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$67.8M -$217.3M -$137.7M -$222.2M -$157.6M
 
Dividends Paid (Ex Special Dividend) $282.7M $203.3M $217.9M $233.6M $250.1M
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$2M -$149.6M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$284.7M -$297.9M -$217.9M -$225.6M -$203.7M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $19.6M -$138.3M $5.2M $118.3M $347.3M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $330.8M $215.3M $272.4M $467.5M $577M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable $2B $2.1B $2.4B $2.8B $3.1B
Change in Inventories -- -- -- -- --
Cash From Operations $264M $238.1M $232.8M $417.8M $515.1M
 
Capital Expenditures $38.1M $50.9M $72.1M $78.2M $84.9M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$43.2M -$75M -$105.7M -$170.4M -$101.1M
 
Dividends Paid (Ex Special Dividend) $144.6M $155.1M $166.3M $178.1M $190.7M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $55M -- -- --
Long-Term Debt Repaid -$1.5M -$149.1M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- $7.9M --
Cash From Financing -$146.1M -$249.1M -$166.3M -$170.2M -$143.9M
 
Beginning Cash (CF) $527.2M $329.3M $368.2M $536.7M $1.2B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $74.8M -$86M -$39.2M $77.2M $270.2M
Ending Cash (CF) $602M $243.3M $329M $613.9M $1.5B
 
Levered Free Cash Flow $225.9M $187.2M $160.7M $339.6M $430.2M

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