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

Erie Indemnity is the larger business by last-quarter revenue ($1.0B vs $1.0B, roughly 1.0× JBT Marel Corp). Erie Indemnity runs the higher net margin — 14.9% vs 5.3%, a 9.6% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 2.3%). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% 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.

JBT Marel Corporation, formerly known as JBT Corporation, or John Bean Technologies Corporation, is a food processing machinery and automated vehicle company. The company was incorporated in 2008 when FMC Technologies divested its non-energy businesses. The company is based in Chicago, Illinois and traces its history back to a company founded in 1884 by John Bean, an orchardist in Los Gatos, California.

ERIE vs JBTM — Head-to-Head

Bigger by revenue
ERIE
ERIE
1.0× larger
ERIE
$1.0B
$1.0B
JBTM
Growing faster (revenue YoY)
JBTM
JBTM
+113.3% gap
JBTM
115.6%
2.3%
ERIE
Higher net margin
ERIE
ERIE
9.6% more per $
ERIE
14.9%
5.3%
JBTM
Faster 2-yr revenue CAGR
JBTM
JBTM
Annualised
JBTM
60.3%
1.1%
ERIE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ERIE
ERIE
JBTM
JBTM
Revenue
$1.0B
$1.0B
Net Profit
$150.5M
$53.1M
Gross Margin
34.5%
Operating Margin
16.5%
7.2%
Net Margin
14.9%
5.3%
Revenue YoY
2.3%
115.6%
Net Profit YoY
858.6%
EPS (diluted)
$1.04

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
JBTM
JBTM
Q1 26
$1.0B
Q4 25
$951.0M
$1.0B
Q3 25
$1.1B
$1.0B
Q2 25
$1.1B
$934.8M
Q1 25
$989.4M
$854.1M
Q4 24
$924.1M
$467.6M
Q3 24
$999.9M
$453.8M
Q2 24
$990.4M
$402.3M
Net Profit
ERIE
ERIE
JBTM
JBTM
Q1 26
$150.5M
Q4 25
$63.4M
$53.1M
Q3 25
$182.9M
$66.0M
Q2 25
$174.7M
$3.4M
Q1 25
$138.4M
$-173.0M
Q4 24
$152.0M
$-7.0M
Q3 24
$159.8M
$38.9M
Q2 24
$163.9M
$30.7M
Gross Margin
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
34.5%
Q3 25
35.9%
Q2 25
35.8%
Q1 25
34.2%
Q4 24
38.4%
Q3 24
36.1%
Q2 24
35.6%
Operating Margin
ERIE
ERIE
JBTM
JBTM
Q1 26
16.5%
Q4 25
16.6%
7.2%
Q3 25
19.6%
10.2%
Q2 25
18.8%
5.2%
Q1 25
15.3%
-3.9%
Q4 24
18.1%
3.4%
Q3 24
18.0%
10.3%
Q2 24
19.2%
6.7%
Net Margin
ERIE
ERIE
JBTM
JBTM
Q1 26
14.9%
Q4 25
6.7%
5.3%
Q3 25
17.1%
6.6%
Q2 25
16.5%
0.4%
Q1 25
14.0%
-20.3%
Q4 24
16.5%
-1.5%
Q3 24
16.0%
8.6%
Q2 24
16.5%
7.6%
EPS (diluted)
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
$1.04
Q3 25
$1.26
Q2 25
$0.07
Q1 25
$-3.35
Q4 24
$-0.22
Q3 24
$1.21
Q2 24
$0.95

Balance Sheet & Financial Strength

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

Metric
ERIE
ERIE
JBTM
JBTM
Cash + ST InvestmentsLiquidity on hand
$167.9M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.4B
$4.5B
Total Assets
$3.4B
$8.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
$167.9M
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Total Debt
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$2.0B
Q4 24
$1.3B
Q3 24
$648.3M
Q2 24
$647.7M
Stockholders' Equity
ERIE
ERIE
JBTM
JBTM
Q1 26
$2.4B
Q4 25
$2.3B
$4.5B
Q3 25
$2.3B
$4.4B
Q2 25
$2.2B
$4.4B
Q1 25
$2.1B
$4.1B
Q4 24
$2.0B
$1.5B
Q3 24
$1.9B
$1.6B
Q2 24
$1.8B
$1.5B
Total Assets
ERIE
ERIE
JBTM
JBTM
Q1 26
$3.4B
Q4 25
$3.4B
$8.2B
Q3 25
$3.3B
$8.2B
Q2 25
$3.1B
$8.3B
Q1 25
$3.0B
$8.0B
Q4 24
$2.9B
$3.4B
Q3 24
$2.9B
$2.8B
Q2 24
$2.7B
$2.7B
Debt / Equity
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.35×
Q1 25
0.48×
Q4 24
0.81×
Q3 24
0.41×
Q2 24
0.43×

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
JBTM
JBTM
Operating Cash FlowLast quarter
$117.4M
Free Cash FlowOCF − Capex
$83.5M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
$171.6M
$117.4M
Q3 25
$219.4M
$87.7M
Q2 25
$177.6M
$102.2M
Q1 25
$118.1M
$34.4M
Q4 24
$193.5M
$128.7M
Q3 24
$199.2M
$71.9M
Q2 24
$131.4M
$21.6M
Free Cash Flow
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
$140.8M
$83.5M
Q3 25
$184.4M
$56.5M
Q2 25
$157.3M
$83.7M
Q1 25
$88.4M
$14.4M
Q4 24
$146.8M
$118.7M
Q3 24
$171.5M
$65.0M
Q2 24
$103.4M
$11.1M
FCF Margin
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
14.8%
8.3%
Q3 25
17.3%
5.6%
Q2 25
14.8%
9.0%
Q1 25
8.9%
1.7%
Q4 24
15.9%
25.4%
Q3 24
17.1%
14.3%
Q2 24
10.4%
2.8%
Capex Intensity
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
3.2%
3.4%
Q3 25
3.3%
3.1%
Q2 25
1.9%
2.0%
Q1 25
3.0%
2.3%
Q4 24
5.0%
2.1%
Q3 24
2.8%
1.5%
Q2 24
2.8%
2.6%
Cash Conversion
ERIE
ERIE
JBTM
JBTM
Q1 26
Q4 25
2.71×
2.21×
Q3 25
1.20×
1.33×
Q2 25
1.02×
30.06×
Q1 25
0.85×
Q4 24
1.27×
Q3 24
1.25×
1.85×
Q2 24
0.80×
0.70×

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%

JBTM
JBTM

Segment breakdown not available.

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