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Side-by-side financial comparison of Erie Indemnity (ERIE) and NVR, Inc. (NVR). Click either name above to swap in a different company.
NVR, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.8× Erie Indemnity). Erie Indemnity runs the higher net margin — 14.9% vs 10.8%, a 4.1% gap on every dollar of revenue. On growth, Erie Indemnity posted the faster year-over-year revenue change (2.3% vs -21.9%). Over the past eight quarters, Erie Indemnity's revenue compounded faster (1.1% CAGR vs -16.2%).
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.
NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.
ERIE vs NVR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.8B |
| Net Profit | $150.5M | $198.4M |
| Gross Margin | — | 180.4% |
| Operating Margin | 16.5% | — |
| Net Margin | 14.9% | 10.8% |
| Revenue YoY | 2.3% | -21.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $67.76 |
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.
| Q1 26 | $1.0B | $1.8B | ||
| Q4 25 | $951.0M | $2.7B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $989.4M | $2.4B | ||
| Q4 24 | $924.1M | $2.8B | ||
| Q3 24 | $999.9M | $2.7B | ||
| Q2 24 | $990.4M | $2.6B |
| Q1 26 | $150.5M | $198.4M | ||
| Q4 25 | $63.4M | $363.8M | ||
| Q3 25 | $182.9M | $342.7M | ||
| Q2 25 | $174.7M | $333.7M | ||
| Q1 25 | $138.4M | $299.6M | ||
| Q4 24 | $152.0M | $457.4M | ||
| Q3 24 | $159.8M | $429.3M | ||
| Q2 24 | $163.9M | $400.9M |
| Q1 26 | — | 180.4% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 16.5% | — | ||
| Q4 25 | 16.6% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 18.8% | — | ||
| Q1 25 | 15.3% | — | ||
| Q4 24 | 18.1% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 19.2% | — |
| Q1 26 | 14.9% | 10.8% | ||
| Q4 25 | 6.7% | 13.4% | ||
| Q3 25 | 17.1% | 13.1% | ||
| Q2 25 | 16.5% | 12.8% | ||
| Q1 25 | 14.0% | 12.5% | ||
| Q4 24 | 16.5% | 16.1% | ||
| Q3 24 | 16.0% | 15.7% | ||
| Q2 24 | 16.5% | 15.3% |
| Q1 26 | — | $67.76 | ||
| Q4 25 | — | $120.85 | ||
| Q3 25 | — | $112.33 | ||
| Q2 25 | — | $108.54 | ||
| Q1 25 | — | $94.83 | ||
| Q4 24 | — | $139.09 | ||
| Q3 24 | — | $130.50 | ||
| Q2 24 | — | $120.69 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.4B | $3.5B |
| Total Assets | $3.4B | $5.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.4B | $3.5B | ||
| Q4 25 | $2.3B | $3.9B | ||
| Q3 25 | $2.3B | $4.0B | ||
| Q2 25 | $2.2B | $3.8B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.0B | $4.2B | ||
| Q3 24 | $1.9B | $4.3B | ||
| Q2 24 | $1.8B | $4.1B |
| Q1 26 | $3.4B | $5.6B | ||
| Q4 25 | $3.4B | $5.9B | ||
| Q3 25 | $3.3B | $6.0B | ||
| Q2 25 | $3.1B | $5.9B | ||
| Q1 25 | $3.0B | $6.2B | ||
| Q4 24 | $2.9B | $6.4B | ||
| Q3 24 | $2.9B | $6.5B | ||
| Q2 24 | $2.7B | $6.4B |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ERIE
| Management fee revenue - policy issuance and renewal services | $786.4M | 78% |
| Administrative services reimbursement revenue | $200.1M | 20% |
| Management fee revenue - administrative services | $19.5M | 2% |
| Service agreement revenue | $5.9M | 1% |
NVR
Segment breakdown not available.
