Financhill
Buy
54

ERIE Quote, Financials, Valuation and Earnings

Last price:
$416.14
Seasonality move :
2.28%
Day range:
$405.55 - $418.97
52-week range:
$321.05 - $547.00
Dividend yield:
1.23%
P/E ratio:
38.96x
P/S ratio:
5.87x
P/B ratio:
11.18x
Volume:
530.5K
Avg. volume:
155.1K
1-year change:
27.56%
Market cap:
$21.8B
Revenue:
$3.3B
EPS (TTM):
$10.69
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $2.5B $2.6B $2.7B $2.9B $3.3B
Revenue Growth (YoY) 4.54% 2.09% 3.88% 6.8% 16.06%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $582M $609.4M $638.5M $668.3M $737.1M
Other Inc / (Exp) $609.6M $635.2M $662.5M $694M $763.2M
Operating Expenses $581.8M $611.2M $643.4M $666.7M $724.4M
Operating Income -- -- -- -- --
 
Net Interest Expenses $856K $731K $4.1M $2M --
EBT. Incl. Unusual Items $396.7M $368.5M $376.4M $376.5M $561.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $79.9M $75.2M $78.5M $77.9M $115.9M
Net Income to Company -- $293.3M $297.9M $298.6M $446.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $316.8M $293.3M $297.9M $298.6M $446.1M
 
Basic EPS (Cont. Ops) $6.80 $6.30 $6.40 $6.41 $9.58
Diluted EPS (Cont. Ops) $6.06 $5.61 $5.69 $5.71 $8.53
Weighted Average Basic Share $46.2M $52.3M $46.2M $46.2M $46.2M
Weighted Average Diluted Share $52.3M $58.4M $52.3M $52.3M $52.3M
 
EBITDA -- -- -- -- --
EBIT $397.6M $369.2M $380.5M $378.5M $561.9M
 
Revenue (Reported) $2.5B $2.6B $2.7B $2.9B $3.3B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $397.6M $369.2M $380.5M $378.5M $561.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $669.9M $708.4M $740.7M $1.1B $1.2B
Revenue Growth (YoY) 3.21% 5.75% 4.55% 42.89% 15.86%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $147.7M $162.4M $168.7M $187.1M $206.8M
Other Inc / (Exp) $154M $168.5M $174.9M $193.7M $213.6M
Operating Expenses $148.7M $163M $168.1M $184.1M $205.6M
Operating Income -- -- -- -- --
 
Net Interest Expenses $3K $1M $115K -- --
EBT. Incl. Unusual Items $111.7M $114.1M $106.3M $163.8M $200.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $22.5M $23.9M $22M $32.7M $41M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $89.2M $90.2M $84.3M $131M $159.8M
 
Basic EPS (Cont. Ops) $1.92 $1.94 $1.81 $2.81 $3.43
Diluted EPS (Cont. Ops) $1.71 $1.72 $1.61 $2.51 $3.06
Weighted Average Basic Share $52.3M $52.3M $46.2M $46.2M $46.2M
Weighted Average Diluted Share $52.3M $52.3M $52.3M $52.3M $52.3M
 
EBITDA -- -- -- -- --
EBIT $111.7M $115.2M $106.5M $163.8M $200.8M
 
Revenue (Reported) $669.9M $708.4M $740.7M $1.1B $1.2B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $111.7M $115.2M $106.5M $163.8M $200.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $2.6B $2.7B $2.8B $3.7B $3.8B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $601.9M $631.3M $658M $720M $797.1M
Other Inc / (Exp) $628.2M $655.8M $683.2M $745.9M $823.5M
Operating Expenses $603.5M $633.1M $659.9M $710.1M $786.1M
Operating Income -- -- -- -- --
 
Net Interest Expenses $32K $3.8M $3.1M -- --
EBT. Incl. Unusual Items $366M $384.8M $364.3M $504M $705.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $75.8M $79.2M $76.2M $103.4M $146.2M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $290.1M $305.6M $288.1M $400.6M $559.2M
 
Basic EPS (Cont. Ops) $6.23 $6.57 $6.18 $8.60 $12.00
Diluted EPS (Cont. Ops) $5.55 $5.84 $5.50 $7.66 $10.69
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -- -- -- --
EBIT $366M $388.6M $367.4M $504M $705.4M
 
Revenue (Reported) $2.6B $2.7B $2.8B $3.7B $3.8B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $366M $388.6M $367.4M $504M $705.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.9B $2.1B $2.1B $3B $3.5B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $451.2M $473.1M $492.7M $544.4M $604.3M
Other Inc / (Exp) $470.6M $491.2M $511.8M $563.8M $624.2M
Operating Expenses $452.8M $474.7M $491.3M $534.8M $596.5M
Operating Income -- -- -- -- --
 
Net Interest Expenses $8K $3.1M $2M -- --
EBT. Incl. Unusual Items $290.3M $306.6M $294.5M $422M $565.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $59.8M $63.8M $61.4M $86.9M $117.2M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $230.5M $242.8M $233.1M $335.1M $448.3M
 
Basic EPS (Cont. Ops) $4.95 $5.22 $5.00 $7.19 $9.62
Diluted EPS (Cont. Ops) $4.41 $4.64 $4.45 $6.41 $8.57
Weighted Average Basic Share $156.9M $156.9M $150.8M $144.7M $144.7M
Weighted Average Diluted Share $163M $169.1M $169.1M $163M $163M
 
EBITDA -- -- -- -- --
EBIT $290.3M $309.7M $296.5M $422M $565.5M
 
Revenue (Reported) $1.9B $2.1B $2.1B $3B $3.5B
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $290.3M $309.7M $296.5M $422M $565.5M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $336.7M $161.2M $183.7M $130.2M $131.5M
Short Term Investments $32.8M $17.7M $38.4M $24.3M $82M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $838.6M $673.6M $701.2M $679.4M $838.9M
 
Property Plant And Equipment $221.4M $265.3M $374.8M $413.9M $442.6M
Long-Term Investments $797.8M $1B $1B $967.2M $1B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2B $2.1B $2.2B $2.2B $2.5B
 
Accounts Payable $135M $150.7M $138.3M $165.9M $175.6M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $2M $2M $2.1M -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $480.8M $500.2M $497.8M $557.9M $629.9M
 
Long-Term Debt $95.8M $93.8M $91.7M -- --
Capital Leases -- -- -- -- --
Total Liabilities $883M $929.1M $899.6M $791M $809.1M
 
Common Stock $2.2M $2.2M $2.2M $2.2M $2.2M
Other Common Equity Adj -$116.9M -$78.1M -$25.3M -$7.4M -$13.4M
Common Equity $1.1B $1.2B $1.3B $1.4B $1.7B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.1B $1.2B $1.3B $1.4B $1.7B
 
Total Liabilities and Equity $2B $2.1B $2.2B $2.2B $2.5B
Cash and Short Terms $369.5M $178.9M $222.1M $154.4M $213.5M
Total Debt $97.8M $95.9M $93.8M -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $216.4M $236M $97.7M $102.9M $197.7M
Short Term Investments $13.4M $30.6M $25.8M $69.8M $48.6M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $734.9M $770M $667.8M $793.4M $983.2M
 
Property Plant And Equipment $254.9M $277.9M $408.8M $435M $480.7M
Long-Term Investments $1B $1B $943.7M $994.8M $1.1B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $2.2B $2.2B $2.4B $2.9B
 
Accounts Payable $148.1M $148.3M $149M $165.8M $194.6M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $2M $2.1M -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $508.1M $515M $547.7M $619.7M $731M
 
Long-Term Debt $94.3M $92.3M -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $912.1M $949.7M $821.2M $782.7M $916.2M
 
Common Stock $2.2M $2.2M $2.2M $2.2M $2.2M
Other Common Equity Adj -$97.5M -$77.6M -$89.2M -$12.8M $1.6M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.2B $1.3B $1.4B $1.6B $1.9B
 
Total Liabilities and Equity $2.2B $2.2B $2.2B $2.4B $2.9B
Cash and Short Terms $229.8M $266.6M $123.4M $172.7M $246.2M
Total Debt $96.4M $94.3M -- -- --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -- $293.3M $297.9M $298.6M $446.1M
Depreciation & Amoritzation -- $34.3M $49.1M $51.7M $53.6M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -$26.5M $15.5M -$45.8M -$100.4M
Change in Inventories -- -- -- -- --
Cash From Operations -- $342.6M $402.8M $366.2M $381.2M
 
Capital Expenditures $102M $55.5M $148.8M $67.2M $92.6M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$124.6M -$243.2M -$185.5M -$106.9M -$157.6M
 
Dividends Paid (Ex Special Dividend) -$167.7M -$272.9M -$192.8M -$206.8M -$221.7M
Special Dividend Paid
Long-Term Debt Issued -- -- -- $55M --
Long-Term Debt Repaid -$1.9M -$2M -$2M -$149.1M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$169.6M -$274.9M -$194.8M -$300.8M -$221.7M
 
Beginning Cash (CF) $266.4M $336.7M $161.2M $183.7M $142.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $70.3M -$175.5M $22.5M -$41.6M $2M
Ending Cash (CF) $336.7M $161.2M $183.7M $142.1M $144.1M
 
Levered Free Cash Flow -- $287.1M $254M $298.9M $288.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures $14.9M $9.9M $22.9M $27.1M $27.7M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$103.1M -$7.6M -$32.8M -$37.5M -$90.8M
 
Dividends Paid (Ex Special Dividend) -$44.9M -$48.2M -$51.7M -$55.4M -$59.4M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$491K -$513K -$40M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- $1.6M
Cash From Financing -$45.4M -$48.7M -$91.7M -$55.4M -$57.8M
 
Beginning Cash (CF) $257.7M $156M $90.3M $143M $170.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$41.4M $80M $7.3M -$40.1M $50.6M
Ending Cash (CF) $216.4M $236M $97.7M $102.9M $221.2M
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures $86M $41.3M $161.6M $88.4M $98.7M
Cash Acquisitions -$3.6M -- -- -- --
Cash From Investing -$311M -$67.8M -$217.3M -$137.7M -$222.2M
 
Dividends Paid (Ex Special Dividend) -$176.7M -$282.7M -$203.3M -$217.9M -$233.6M
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$2M -$2M -$149.6M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$178.7M -$284.7M -$297.9M -$217.9M -$225.6M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$128.5M $19.6M -$138.3M $5.2M $118.3M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures $52.3M $38.1M $50.9M $72.1M $78.2M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$218.6M -$43.2M -$75M -$105.7M -$170.4M
 
Dividends Paid (Ex Special Dividend) -$134.8M -$144.6M -$155.1M -$166.3M -$178.1M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $55M -- --
Long-Term Debt Repaid -$1.5M -$1.5M -$149.1M -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- $7.9M
Cash From Financing -$136.3M -$146.1M -$249.1M -$166.3M -$170.2M
 
Beginning Cash (CF) $823.1M $452.5M $415.3M $407.5M $459.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$120.4M $74.8M -$86M -$39.2M $77.2M
Ending Cash (CF) $702.7M $527.2M $329.3M $368.2M $536.7M
 
Levered Free Cash Flow -- -- -- -- --

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