Financial Data and Key Metrics Changes - In Q4 2025, direct written premiums grew approximately 5% year-over-year, and nearly 9% for the full year compared to 2024, primarily driven by prior rate actions [5] - The Q4 combined ratio improved significantly to 94.1%, compared to 105.7% in the same quarter last year, reflecting improved rate adequacy [6] - Net income for Q4 was over $63 million, or $1.21 per diluted share, down from $152 million, or $2.91 per diluted share in Q4 2024; full year net income totaled over $559 million, or $10.69 per diluted share, compared to over $600 million, or $11.48 per diluted share in 2024 [8] - Operating income decreased nearly $10 million or 5.7% in Q4 compared to the same period last year [9] Business Line Data and Key Metrics Changes - Policies in force declined by 1.1%, with retention dropping to 88.4% [6] - Management fee revenue for policy issuance and renewal services grew approximately $238 million or 8.2% for the full year, while expense growth totaled approximately $201 million or 8.7% [10] Market Data and Key Metrics Changes - Catastrophe losses contributed 10.6 points to the combined ratio on a reported basis, compared to 9.6 points in 2024, with significant losses offset by lower-than-expected losses in H2 [7] Company Strategy and Development Direction - The company aims to strengthen profitability, support disciplined growth, and invest in product offerings for long-term success [12] - New products like Erie Secure Auto are being rolled out to enhance competitive positioning [12] - The company is also advancing innovation through Erie Strategic Ventures, focusing on investments in technology and financial services [14] Management's Comments on Operating Environment and Future Outlook - The management highlighted a challenging underwriting environment due to elevated weather activity and competitive market dynamics [3] - Confidence was expressed in the long-term strategy that has sustained the company for 100 years, positioning it well for a strong year ahead [4] Other Important Information - A $100 million contribution to a charitable foundation impacted net income but did not affect operating income [8] - The company paid over $254 million in dividends in 2025, with a 7.1% increase in the quarterly dividend approved for 2026 [11] - The CEO announced plans to retire at the end of 2026, emphasizing a commitment to a seamless leadership transition [16] Summary of Q&A Session Questions and Answers - There was no Q&A session following the recorded remarks, so no questions or answers are available [1]

Erie Indemnity Company (NasdaqGS:ERIE) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsJulie Pelkowski - EVP and CFOScott Beilharz - VP of Investor RelationsTimothy G. NeCastro - President and CEOOperatorGood morning, welcome to the Erie Indemnity Company fourth quarter and year-end 2025 earnings conference call. This call was prerecorded and there will be no question-and-answer session following the recording. Now, I'd like to introduce your host for the call, Vice President of Inve ...

Financial Data and Key Metrics Changes - In Q4 2025, net income was over $63 million, or $1.21 per diluted share, compared to $152 million, or $2.91 per diluted share in Q4 2024 [9] - For the full year, net income totaled over $559 million, or $10.69 per diluted share, down from over $600 million, or $11.48 per diluted share in 2024 [9] - The combined ratio improved significantly to 94.1% in Q4 2025 from 105.7% in Q4 2024, and for the full year, it improved from 110.4% in 2024 to 104.9% in 2025 [6][7] Business Line Data and Key Metrics Changes - Direct written premiums grew approximately 5% in Q4 2025 compared to the prior year, and almost 9% for the full year compared to 2024 [5] - Average premium per policy for the total year grew 9.6% compared to 2024 [5] - Policies in force declined by 1.1%, and retention decreased to 88.4% [6] Market Data and Key Metrics Changes - Catastrophe losses contributed 10.6 points to the combined ratio on a reported basis, compared to 9.6 points in 2024 [8] - The company experienced significant catastrophe losses in the first half of the year, which were offset by lower-than-expected losses in the second half [8] Company Strategy and Development Direction - The company aims to strengthen profitability, support disciplined growth, and invest in product offerings and capabilities for long-term success [13] - New products like Erie Secure Auto are being rolled out to enhance competitive positioning [13][14] - The company is also advancing innovation through Erie Strategic Ventures, focusing on investments in technology and financial services [15] Management's Comments on Operating Environment and Future Outlook - The management highlighted a challenging underwriting environment due to elevated weather activity and competitive market dynamics [3] - Confidence was expressed in the long-term strategy that has sustained the company for 100 years, positioning it well for a strong year ahead [4] - The CEO announced plans to retire at the end of 2026, emphasizing the importance of a seamless leadership transition [17] Other Important Information - A $100 million contribution to a charitable foundation impacted net income but did not affect operating income [9][12] - The company paid over $254 million in dividends in 2025, with a 7.1% increase in the quarterly dividend approved for 2026 [12] Summary of Q&A Session - There was no question-and-answer session following the recorded remarks, as indicated at the beginning of the call [1][2]

Commission File Number 0-24000 ERIE INDEMNITY COMPANY Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the reg ...

Erie Indemnity Company Exhibit 99.2 Erie Indemnity Company Consolidated Statements of Operations (dollars in thousands, except per share data) | | | | Three months ended December | | | | Twelve months ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 31, | | | December 31, | | | | | | 2025 | (Unaudited) | 2024 | | 2025 | | 2024 | | Operating revenue | | | | | | | | | | Management fee revenue - policy issuance and renewal | | | | | | | | | | services | $ | 727,629 | $ | 698,340 | $ | ...

Erie Indemnity Reports Full Year and Fourth Quarter 2025 Results [Accessibility Statement] Skip NavigationNet Income per Diluted Share was $1.21 for the Quarter and $10.69 for the YearERIE, Pa., Feb. 23, 2026 /PRNewswire/ -- Erie Indemnity Company (NASDAQ: ERIE) today announced financial results for the full year and quarter ending December 31, 2025. Net income was $559.3 million, or $10.69 per diluted share, in 2025, compared to $600.3 million, or $11.48 per diluted share, in 2024. Net income was $63.4 mil ...

The market expects Erie Indemnity (ERIE) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 23, might help the stock move higher if these key numbers are ...

Core Viewpoint - Erie Indemnity Company will announce its financial results for the fourth quarter and year-end 2025 on February 24, 2026, with a press release issued after market close on February 23, 2026 [1]. Company Overview - Erie Insurance Group is the 11th largest homeowners insurer, 12th largest automobile insurer, and 10th largest commercial lines insurer in the United States based on direct premiums written, according to AM Best Company [3]. - Founded in 1925, Erie Insurance is a Fortune 500 company and ranks as the 16th largest property/casualty insurer in the United States based on net premiums written [3]. - The company has more than 7 million policies in force and operates in 12 states and the District of Columbia, holding an A (Excellent) rating from AM Best [3].

Core Insights - Erie Indemnity Company (NASDAQ:ERIE) is recognized as one of the Dividend Growth Stocks: 25 Aristocrats, highlighting its strong dividend performance [1] - The company has a long-standing presence in the insurance industry, established since the 1920s, and offers a diverse range of insurance products including life, auto, home, and commercial insurance [2] Financial Performance - In the third quarter, Erie Indemnity reported revenue of $1.06 billion, reflecting a 6.0% increase compared to the same period last year [3] - The growth in revenue was primarily driven by a 7.3% year-over-year increase in management fees related to policy issuance and renewals, alongside a 9.8% rise in administrative services fees [3] - Investment income also saw an increase, rising to $21.6 million from $19.5 million a year earlier [3] Dividend History - Erie Indemnity has a significant history of maintaining and increasing dividends, having raised its dividend for 36 consecutive years, which underscores its operational consistency [5][8] - The company has demonstrated resilience during economic downturns, notably not cutting its dividend during the Great Recession, which contributes to its reputation among investors [4][5] Market Position - The company operates in a cyclical sector and is exposed to economic fluctuations, yet it has shown a strong ability to recover and continue rewarding shareholders [5] - Erie Indemnity holds a large float, with premiums collected upfront and invested, making its results sensitive to market rates, including Treasury yields [4]

Company Overview - Erie Indemnity Company (ERIE) has a market capitalization of $13.3 billion and operates as a managing attorney-in-fact for Erie Insurance Exchange, providing various services including underwriting, policy processing, and customer support [1] Financial Performance - The company is expected to release its fiscal Q4 2025 results soon, with analysts predicting a profit of $3.11 per share, reflecting a 6.9% increase from $2.91 per share in the same quarter last year [2] - For fiscal 2025, analysts forecast an EPS of $12.59, which is a 9.7% rise from $11.48 in fiscal 2024, and an anticipated growth of 11.3% year-over-year to $14.01 in fiscal 2026 [3] Stock Performance - ERIE stock has declined by 26% over the past 52 weeks, underperforming the S&P 500 Index's 13% return and the State Street Financial Select Sector SPDR ETF's 5.8% rise during the same period [4] - Despite exceeding Q3 2025 EPS expectations with $3.50, ERIE's shares fell by 5.5% the following day due to revenue of $1.07 billion missing estimates and concerns over rising commission costs, which increased by $41 million year-over-year [5] Analyst Ratings - The consensus view on ERIE stock is cautiously optimistic, with a "Moderate Buy" rating from analysts; one analyst rates it as a "Strong Buy" while two others have "Hold" ratings [6]