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Side-by-side financial comparison of Ameriprise Financial (AMP) and Erie Indemnity (ERIE), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Ameriprise Financial is the larger business by last-quarter revenue ($5.0B vs $951.0M, roughly 5.3× Erie Indemnity). Ameriprise Financial runs the higher net margin — 20.0% vs 6.7%, a 13.3% gap on every dollar of revenue. On growth, Ameriprise Financial posted the faster year-over-year revenue change (8.6% vs 2.9%). Ameriprise Financial produced more free cash flow last quarter ($2.6B vs $140.8M). Over the past eight quarters, Ameriprise Financial's revenue compounded faster (8.0% CAGR vs 3.9%).

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...

Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021, Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for the 2020 fiscal year.

AMP vs ERIE — Head-to-Head

Bigger by revenue
AMP
AMP
5.3× larger
AMP
$5.0B
$951.0M
ERIE
Growing faster (revenue YoY)
AMP
AMP
+5.6% gap
AMP
8.6%
2.9%
ERIE
Higher net margin
AMP
AMP
13.3% more per $
AMP
20.0%
6.7%
ERIE
More free cash flow
AMP
AMP
$2.5B more FCF
AMP
$2.6B
$140.8M
ERIE
Faster 2-yr revenue CAGR
AMP
AMP
Annualised
AMP
8.0%
3.9%
ERIE

Income Statement — Q4 2025 vs Q4 2025

Metric
AMP
AMP
ERIE
ERIE
Revenue
$5.0B
$951.0M
Net Profit
$1.0B
$63.4M
Gross Margin
Operating Margin
25.6%
16.6%
Net Margin
20.0%
6.7%
Revenue YoY
8.6%
2.9%
Net Profit YoY
-5.9%
-58.3%
EPS (diluted)
$10.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
AMP
AMP
ERIE
ERIE
Q4 25
$5.0B
$951.0M
Q3 25
$4.9B
$1.1B
Q2 25
$4.5B
$1.1B
Q1 25
$4.5B
$989.4M
Q4 24
$4.6B
$924.1M
Q3 24
$4.6B
$999.9M
Q2 24
$4.4B
$990.4M
Q1 24
$4.3B
$880.7M
Net Profit
AMP
AMP
ERIE
ERIE
Q4 25
$1.0B
$63.4M
Q3 25
$912.0M
$182.9M
Q2 25
$1.1B
$174.7M
Q1 25
$583.0M
$138.4M
Q4 24
$1.1B
$152.0M
Q3 24
$511.0M
$159.8M
Q2 24
$829.0M
$163.9M
Q1 24
$990.0M
$124.6M
Operating Margin
AMP
AMP
ERIE
ERIE
Q4 25
25.6%
16.6%
Q3 25
24.0%
19.6%
Q2 25
30.1%
18.8%
Q1 25
15.3%
15.3%
Q4 24
29.1%
18.1%
Q3 24
14.1%
18.0%
Q2 24
23.9%
19.2%
Q1 24
28.2%
15.8%
Net Margin
AMP
AMP
ERIE
ERIE
Q4 25
20.0%
6.7%
Q3 25
18.6%
17.1%
Q2 25
23.6%
16.5%
Q1 25
13.0%
14.0%
Q4 24
23.0%
16.5%
Q3 24
11.2%
16.0%
Q2 24
18.9%
16.5%
Q1 24
22.9%
14.1%
EPS (diluted)
AMP
AMP
ERIE
ERIE
Q4 25
$10.39
Q3 25
$9.33
Q2 25
$10.73
Q1 25
$5.83
Q4 24
$10.57
Q3 24
$5.00
Q2 24
$8.02
Q1 24
$9.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
AMP
AMP
ERIE
ERIE
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$6.5B
$2.3B
Total Assets
$190.9B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Stockholders' Equity
AMP
AMP
ERIE
ERIE
Q4 25
$6.5B
$2.3B
Q3 25
$6.5B
$2.3B
Q2 25
$6.1B
$2.2B
Q1 25
$5.4B
$2.1B
Q4 24
$5.2B
$2.0B
Q3 24
$5.7B
$1.9B
Q2 24
$5.0B
$1.8B
Q1 24
$4.9B
$1.7B
Total Assets
AMP
AMP
ERIE
ERIE
Q4 25
$190.9B
$3.4B
Q3 25
$190.1B
$3.3B
Q2 25
$184.9B
$3.1B
Q1 25
$179.1B
$3.0B
Q4 24
$181.4B
$2.9B
Q3 24
$186.0B
$2.9B
Q2 24
$179.7B
$2.7B
Q1 24
$179.8B
$2.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
AMP
AMP
ERIE
ERIE
Operating Cash FlowLast quarter
$2.7B
$171.6M
Free Cash FlowOCF − Capex
$2.6B
$140.8M
FCF MarginFCF / Revenue
52.0%
14.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
0.9%
3.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
2.65×
2.71×
TTM Free Cash FlowTrailing 4 quarters
$8.2B
$571.0M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
AMP
AMP
ERIE
ERIE
Q4 25
$2.7B
$171.6M
Q3 25
$2.2B
$219.4M
Q2 25
$1.8B
$177.6M
Q1 25
$1.7B
$118.1M
Q4 24
$383.0M
$193.5M
Q3 24
$3.0B
$199.2M
Q2 24
$1.7B
$131.4M
Q1 24
$1.4B
$87.2M
Free Cash Flow
AMP
AMP
ERIE
ERIE
Q4 25
$2.6B
$140.8M
Q3 25
$2.2B
$184.4M
Q2 25
$1.7B
$157.3M
Q1 25
$1.6B
$88.4M
Q4 24
$325.0M
$146.8M
Q3 24
$3.0B
$171.5M
Q2 24
$1.7B
$103.4M
Q1 24
$1.4B
$64.7M
FCF Margin
AMP
AMP
ERIE
ERIE
Q4 25
52.0%
14.8%
Q3 25
44.1%
17.3%
Q2 25
38.4%
14.8%
Q1 25
36.8%
8.9%
Q4 24
7.0%
15.9%
Q3 24
65.8%
17.1%
Q2 24
38.8%
10.4%
Q1 24
32.2%
7.4%
Capex Intensity
AMP
AMP
ERIE
ERIE
Q4 25
0.9%
3.2%
Q3 25
0.9%
3.3%
Q2 25
0.8%
1.9%
Q1 25
0.8%
3.0%
Q4 24
1.2%
5.0%
Q3 24
1.1%
2.8%
Q2 24
0.4%
2.8%
Q1 24
1.2%
2.5%
Cash Conversion
AMP
AMP
ERIE
ERIE
Q4 25
2.65×
2.71×
Q3 25
2.42×
1.20×
Q2 25
1.66×
1.02×
Q1 25
2.89×
0.85×
Q4 24
0.36×
1.27×
Q3 24
5.96×
1.25×
Q2 24
2.07×
0.80×
Q1 24
1.46×
0.70×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

AMP
AMP

Segment breakdown not available.

ERIE
ERIE

Policy Issuanceand Renewal Services$727.6M77%
Administrative Services Reimbursements$198.0M21%
Administrative Services Management Fee$19.3M2%
Service Agreement$6.1M1%

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