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Erie Indemnity Co (ERIE) Stock Fundamental Analysis & AI Rating 2026

ERIE Nasdaq Insurance Agents, Brokers & Service PA CIK: 0000922621
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 23, 2026 (in 7 days) • After-hours ET • EPS est. $3.06 (vs $2.65 prior year) • All earnings →
Combined AI Rating
BUY
83% Confidence
AGREEMENT
STRONG BUY
85% Conf
BUY
81% Conf

📊 ERIE Key Takeaways

Revenue: $4.1B
Net Margin: 13.8%
Free Cash Flow: $571.0M
Current Ratio: 1.27x
Debt/Equity: 0.00x
EPS: $491.00
AI Rating: STRONG BUY with 85% confidence
Erie Indemnity Co (ERIE) receives a BUY rating with 83% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.1B, net profit margin of 13.8%, and return on equity (ROE) of 24.5%, Erie Indemnity Co demonstrates strong fundamentals in the Finance sector. Below is our complete ERIE stock analysis for 2026.

Is Erie Indemnity Co (ERIE) a Good Investment?

Claude

Erie Indemnity demonstrates exceptional financial health with strong profitability (17.6% operating margin, 13.8% net margin), robust returns on equity (24.5%) and assets (16.7%), and zero debt providing maximum financial flexibility. The company generates substantial free cash flow of $571M with a 14% FCF margin, supported by consistent operating cash flow of $686.7M, while maintaining a solid balance sheet with $2.3B in equity against only $1.1B in liabilities.

ChatGPT

ERIE INDEMNITY CO shows strong core fundamentals, with solid revenue growth, healthy double-digit operating and free cash flow margins, and very high returns on equity and assets. The balance sheet is notably conservative with no long-term debt and ample liquidity, which supports resilience. The main caution is that net income declined year over year despite revenue growth, suggesting some pressure on expense control or earnings quality that should be monitored.

Why Buy Erie Indemnity Co Stock? ERIE Key Strengths

Claude
  • + Zero long-term debt with strong balance sheet leverage (0.0x debt-to-equity)
  • + Excellent profitability metrics with 24.5% ROE and 16.7% ROA significantly above insurance sector averages
  • + Strong free cash flow generation of $571M representing 14% of revenue, demonstrating high-quality earnings
  • + Revenue growth of 7.2% YoY combined with solid operating cash flow of $686.7M shows sustainable business model
  • + High insider activity with 51 Form 4 filings in 90 days suggests management confidence
ChatGPT
  • + Consistent top-line growth with revenue up 7.2% year over year
  • + Strong profitability profile with 17.6% operating margin, 13.8% net margin, and high ROE/ROA
  • + Excellent financial health driven by zero long-term debt and robust free cash flow generation

ERIE Stock Risks: Erie Indemnity Co Investment Risks

Claude
  • ! Net income declined 6.8% YoY despite 7.2% revenue growth, indicating margin compression or underwriting challenges
  • ! Current ratio of 1.27x is modest for an insurance company, potentially limiting short-term liquidity flexibility
  • ! Insurance sector faces inherent exposure to catastrophic losses, policy concentration risk, and regulatory changes
  • ! Operating margin of 17.6% contraction trend requires monitoring to ensure profitability sustainability
ChatGPT
  • ! Net income fell 6.8% year over year despite higher revenue
  • ! Liquidity is adequate but not exceptionally strong at a 1.27x current ratio
  • ! Growth quality could weaken if margin compression continues or cash conversion declines

Key Metrics to Watch

Claude
  • * Net income trend and margin recovery relative to revenue growth
  • * Operating cash flow stability and free cash flow generation sustainability
  • * Combined ratio and underwriting profitability metrics (if available in next filings)
  • * Balance sheet liquidity ratios and cash position adequacy for claims payments
ChatGPT
  • * Net income and operating margin trend
  • * Free cash flow and operating cash flow conversion

Erie Indemnity Co (ERIE) Financial Metrics & Key Ratios

Revenue
$4.1B
Net Income
$559.3M
EPS (Diluted)
$491.00
Free Cash Flow
$571.0M
Total Assets
$3.4B
Cash Position
$345.9M

💡 AI Analyst Insight

Erie Indemnity Co presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

ERIE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 17.6%
Net Margin 13.8%
ROE 24.5%
ROA 16.7%
FCF Margin 14.0%

ERIE vs Finance Sector: How Erie Indemnity Co Compares

How Erie Indemnity Co compares to Finance sector averages

Net Margin
ERIE 13.8%
vs
Sector Avg 25.0%
ERIE Sector
ROE
ERIE 24.5%
vs
Sector Avg 12.0%
ERIE Sector
Current Ratio
ERIE 1.3x
vs
Sector Avg 1.2x
ERIE Sector
Debt/Equity
ERIE 0.0x
vs
Sector Avg 2.0x
ERIE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Erie Indemnity Co Stock Overvalued? ERIE Valuation Analysis 2026

Based on fundamental analysis, Erie Indemnity Co has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
24.5%
Sector avg: 12%
Net Profit Margin
13.8%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Erie Indemnity Co Balance Sheet: ERIE Debt, Cash & Liquidity

Current Ratio
1.27x
Quick Ratio
1.27x
Debt/Equity
0.00x
Debt/Assets
32.0%
Interest Coverage
N/A
Long-term Debt
$0.0

ERIE Revenue & Earnings Growth: 5-Year Financial Trend

ERIE 5-year financial data: Year 2021: Revenue $2.6B, Net Income $316.8M, EPS N/A. Year 2022: Revenue $2.8B, Net Income $293.3M, EPS N/A. Year 2023: Revenue $3.3B, Net Income $297.9M, EPS N/A. Year 2024: Revenue $3.8B, Net Income $298.6M, EPS N/A. Year 2025: Revenue $4.1B, Net Income $446.1M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Erie Indemnity Co's revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion.

ERIE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.0%
Free cash flow / Revenue

ERIE Quarterly Earnings & Performance

Quarterly financial performance data for Erie Indemnity Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $999.9M $124.6M N/A
Q2 2025 $990.4M $124.6M N/A
Q1 2025 $880.7M $124.6M N/A
Q3 2024 $858.9M $86.2M N/A
Q2 2024 $839.9M $86.2M N/A
Q1 2024 $752.5M $86.2M N/A
Q3 2023 $741.2M $68.6M N/A
Q2 2023 $726.1M $68.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Erie Indemnity Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$686.7M
Cash generated from operations
Capital Expenditures
$115.7M
Investment in assets
Dividends Paid
$254.3M
Returned to shareholders

ERIE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Erie Indemnity Co (CIK: 0000922621)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 4 xslF345X06/wk-form4_1775064619.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775064290.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775063780.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775062695.xml View →
Apr 1, 2026 4 xslF345X06/wk-form4_1775061884.xml View →

Frequently Asked Questions about ERIE

What is the AI rating for ERIE?

Erie Indemnity Co (ERIE) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ERIE's key strengths?

Claude: Zero long-term debt with strong balance sheet leverage (0.0x debt-to-equity). Excellent profitability metrics with 24.5% ROE and 16.7% ROA significantly above insurance sector averages. ChatGPT: Consistent top-line growth with revenue up 7.2% year over year. Strong profitability profile with 17.6% operating margin, 13.8% net margin, and high ROE/ROA.

What are the risks of investing in ERIE?

Claude: Net income declined 6.8% YoY despite 7.2% revenue growth, indicating margin compression or underwriting challenges. Current ratio of 1.27x is modest for an insurance company, potentially limiting short-term liquidity flexibility. ChatGPT: Net income fell 6.8% year over year despite higher revenue. Liquidity is adequate but not exceptionally strong at a 1.27x current ratio.

What is ERIE's revenue and growth?

Erie Indemnity Co reported revenue of $4.1B.

Does ERIE pay dividends?

Erie Indemnity Co pays dividends, with $254.3M distributed to shareholders in the trailing twelve months.

Where can I find ERIE SEC filings?

Official SEC filings for Erie Indemnity Co (CIK: 0000922621) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ERIE's EPS?

Erie Indemnity Co has a diluted EPS of $491.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ERIE a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Erie Indemnity Co has a BUY rating with 83% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ERIE stock overvalued or undervalued?

Valuation metrics for ERIE: ROE of 24.5% (sector avg: 12%), net margin of 13.8% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy ERIE stock in 2026?

Our dual AI analysis gives Erie Indemnity Co a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ERIE's free cash flow?

Erie Indemnity Co's operating cash flow is $686.7M, with capital expenditures of $115.7M. FCF margin is 14.0%.

How does ERIE compare to other Finance stocks?

Vs Finance sector averages: Net margin 13.8% (avg: 25%), ROE 24.5% (avg: 12%), current ratio 1.27 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI