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Side-by-side financial comparison of Erie Indemnity (ERIE) and Hasbro (HAS). Click either name above to swap in a different company.

Hasbro is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× Erie Indemnity). Erie Indemnity runs the higher net margin — 14.9% vs 13.9%, a 0.9% gap on every dollar of revenue. On growth, Hasbro posted the faster year-over-year revenue change (31.3% vs 2.3%). Over the past eight quarters, Hasbro's revenue compounded faster (38.2% CAGR vs 1.1%).

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.

Hasbro, Inc. is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island. Hasbro owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others. As of August 2020, over 81.5% of its shares were held by large financial institutions.

ERIE vs HAS — Head-to-Head

Bigger by revenue
HAS
HAS
1.4× larger
HAS
$1.4B
$1.0B
ERIE
Growing faster (revenue YoY)
HAS
HAS
+29.0% gap
HAS
31.3%
2.3%
ERIE
Higher net margin
ERIE
ERIE
0.9% more per $
ERIE
14.9%
13.9%
HAS
Faster 2-yr revenue CAGR
HAS
HAS
Annualised
HAS
38.2%
1.1%
ERIE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ERIE
ERIE
HAS
HAS
Revenue
$1.0B
$1.4B
Net Profit
$150.5M
$201.6M
Gross Margin
68.7%
Operating Margin
16.5%
20.6%
Net Margin
14.9%
13.9%
Revenue YoY
2.3%
31.3%
Net Profit YoY
8.7%
687.8%
EPS (diluted)
$1.46

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ERIE
ERIE
HAS
HAS
Q1 26
$1.0B
Q4 25
$951.0M
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.1B
$980.8M
Q1 25
$989.4M
$887.1M
Q4 24
$924.1M
$1.1B
Q3 24
$999.9M
$1.3B
Q2 24
$990.4M
$995.3M
Net Profit
ERIE
ERIE
HAS
HAS
Q1 26
$150.5M
Q4 25
$63.4M
$201.6M
Q3 25
$182.9M
$233.2M
Q2 25
$174.7M
$-855.8M
Q1 25
$138.4M
$98.6M
Q4 24
$152.0M
$-34.3M
Q3 24
$159.8M
$223.2M
Q2 24
$163.9M
$138.5M
Gross Margin
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
68.7%
Q3 25
70.1%
Q2 25
77.0%
Q1 25
76.9%
Q4 24
67.4%
Q3 24
70.4%
Q2 24
76.1%
Operating Margin
ERIE
ERIE
HAS
HAS
Q1 26
16.5%
Q4 25
16.6%
20.6%
Q3 25
19.6%
24.6%
Q2 25
18.8%
-81.4%
Q1 25
15.3%
19.2%
Q4 24
18.1%
5.4%
Q3 24
18.0%
23.6%
Q2 24
19.2%
21.3%
Net Margin
ERIE
ERIE
HAS
HAS
Q1 26
14.9%
Q4 25
6.7%
13.9%
Q3 25
17.1%
16.8%
Q2 25
16.5%
-87.3%
Q1 25
14.0%
11.1%
Q4 24
16.5%
-3.1%
Q3 24
16.0%
17.4%
Q2 24
16.5%
13.9%
EPS (diluted)
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
$1.46
Q3 25
$1.64
Q2 25
$-6.10
Q1 25
$0.70
Q4 24
$-0.25
Q3 24
$1.59
Q2 24
$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ERIE
ERIE
HAS
HAS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$565.5M
Total Assets
$3.4B
$5.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
ERIE
ERIE
HAS
HAS
Q1 26
$2.4B
Q4 25
$2.3B
$565.5M
Q3 25
$2.3B
$433.8M
Q2 25
$2.2B
$269.7M
Q1 25
$2.1B
$1.2B
Q4 24
$2.0B
$1.2B
Q3 24
$1.9B
$1.3B
Q2 24
$1.8B
$1.2B
Total Assets
ERIE
ERIE
HAS
HAS
Q1 26
$3.4B
Q4 25
$3.4B
$5.6B
Q3 25
$3.3B
$5.5B
Q2 25
$3.1B
$5.2B
Q1 25
$3.0B
$6.0B
Q4 24
$2.9B
$6.3B
Q3 24
$2.9B
$7.2B
Q2 24
$2.7B
$6.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ERIE
ERIE
HAS
HAS
Operating Cash FlowLast quarter
$403.2M
Free Cash FlowOCF − Capex
$389.5M
FCF MarginFCF / Revenue
26.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$829.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
$171.6M
$403.2M
Q3 25
$219.4M
$280.6M
Q2 25
$177.6M
$71.3M
Q1 25
$118.1M
$138.1M
Q4 24
$193.5M
$259.8M
Q3 24
$199.2M
$222.5M
Q2 24
$131.4M
$187.3M
Free Cash Flow
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
$140.8M
$389.5M
Q3 25
$184.4M
$260.9M
Q2 25
$157.3M
$55.2M
Q1 25
$88.4M
$124.3M
Q4 24
$146.8M
$200.8M
Q3 24
$171.5M
$174.0M
Q2 24
$103.4M
$135.4M
FCF Margin
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
14.8%
26.9%
Q3 25
17.3%
18.8%
Q2 25
14.8%
5.6%
Q1 25
8.9%
14.0%
Q4 24
15.9%
18.2%
Q3 24
17.1%
13.6%
Q2 24
10.4%
13.6%
Capex Intensity
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
3.2%
0.9%
Q3 25
3.3%
1.4%
Q2 25
1.9%
1.6%
Q1 25
3.0%
1.6%
Q4 24
5.0%
5.4%
Q3 24
2.8%
3.8%
Q2 24
2.8%
5.2%
Cash Conversion
ERIE
ERIE
HAS
HAS
Q1 26
Q4 25
2.71×
2.00×
Q3 25
1.20×
1.20×
Q2 25
1.02×
Q1 25
0.85×
1.40×
Q4 24
1.27×
Q3 24
1.25×
1.00×
Q2 24
0.80×
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ERIE
ERIE

Management fee revenue - policy issuance and renewal services$786.4M78%
Administrative services reimbursement revenue$200.1M20%
Management fee revenue - administrative services$19.5M2%
Service agreement revenue$5.9M1%

HAS
HAS

Grow Brands$1.1B75%
Optimize Brands$188.7M13%
Digital And Licensing Gaming$135.7M9%
Class Of Principal Product Family Brands$13.1M1%
Filmand TV$2.4M0%

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