ERIE (Erie Indemnity Co) Other Income (Expense) : $-2,315 Mil (TTM As of Sep. 2024)

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What is Erie Indemnity Co Other Income (Expense)?

Erie Indemnity Co's other income expense for the Erie Indemnity Co's pretax income for the three months ended in Sep. 2024 was $-819 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-2,315 Mil.

Erie Indemnity Co Other Income (Expense) Historical Data

The historical data trend for Erie Indemnity Co's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erie Indemnity Co Other Income (Expense) Chart

Erie Indemnity Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-1,537.69

-1,591.28

-1,650.59

-1,804.47

-2,010.14

Erie Indemnity Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Income (Expense)	Get a 7-Day Free Trial															-707.47	38.32	-737.95	-797.20	-818.59

Erie Indemnity Co Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,315 Mil.

Erie Indemnity Co (NAS:ERIE) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Erie Indemnity Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (NAS:ERIE) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

EI2:Germany

Address

100 Erie Insurance Place, Erie, PA, USA, 16530

Website

https://www.erieinsurance.com

Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

Executives

Charles Scott Hartz	director	TWO BALA PLAZA, SUITE 300, BALA CYNWYD PA 19004-1573
Borneman J Ralph Jr	director	NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512
Marc Cipriani	officer: Senior Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Sean Dugan	officer: Executive Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Parthasarathy Srinivasa	officer: EVP, Chief Information Officer	100 ERIE INSURANCE PLACE, ERIE PA 16530
Jorie L Novacek	officer: SVP, Controller	100 ERIE INSURANCE PLACE, ERIE PA 16530
Thomas B Hagen	director	230 WEST 6TH STREET, ERIE PA 16507-1319
Eugene C Connell	director	785 HUNTINGTON DRIVE, ERIE PA 16505
Elizabeth A Vorsheck	director, 10 percent owner	6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613
Brian W. Bolash	officer: SVP,Secretary,General Counsel	100 ERIE INSURANCE PLACE, ERIE PA 16530
Hudson Brian Arden Sr.	director	2407 PARK DRIVE, HARRISBURG PA 17110
Louis F Colaizzo	officer: Senior Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Salvatore Correnti	director	8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093
Timothy G Necastro	officer: President & CEO, Designate	100 ERIE INSURANCE PL, ERIE PA 16530
Luann Datesh	director	333 OAK FOREST DRIVE, PITTSBURGH PA 15216