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

Erie Indemnity is the larger business by last-quarter revenue ($1.0B vs $508.3M, roughly 2.0× Seneca Foods Corp). Erie Indemnity runs the higher net margin — 14.9% vs 8.8%, a 6.1% gap on every dollar of revenue. On growth, Erie Indemnity posted the faster year-over-year revenue change (2.3% vs 1.1%). Over the past eight quarters, Seneca Foods Corp's revenue compounded faster (77.1% 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.

Seneca Foods Corporation is an American food processor and distributor headquartered in Fairport, New York, United States. Seneca Foods Corporation conducts its business almost entirely in food packaging, which contributed to about 98% of the company's fiscal year net sales in 2017. Canned vegetables represented 65%, fruit products represented 23%, frozen fruit and vegetables represented 11% and fruit chip products represented 1% of the total food packaging net sales. Non-food packaging sales...

ERIE vs SENEB — Head-to-Head

Bigger by revenue
ERIE
ERIE
2.0× larger
ERIE
$1.0B
$508.3M
SENEB
Growing faster (revenue YoY)
ERIE
ERIE
+1.2% gap
ERIE
2.3%
1.1%
SENEB
Higher net margin
ERIE
ERIE
6.1% more per $
ERIE
14.9%
8.8%
SENEB
Faster 2-yr revenue CAGR
SENEB
SENEB
Annualised
SENEB
77.1%
1.1%
ERIE

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ERIE
ERIE
SENEB
SENEB
Revenue
$1.0B
$508.3M
Net Profit
$150.5M
$44.8M
Gross Margin
16.4%
Operating Margin
16.5%
11.8%
Net Margin
14.9%
8.8%
Revenue YoY
2.3%
1.1%
Net Profit YoY
205.4%
EPS (diluted)
$6.48

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
SENEB
SENEB
Q1 26
$1.0B
Q4 25
$951.0M
$508.3M
Q3 25
$1.1B
$460.0M
Q2 25
$1.1B
$297.5M
Q1 25
$989.4M
$345.8M
Q4 24
$924.1M
$502.9M
Q3 24
$999.9M
$425.5M
Q2 24
$990.4M
$304.7M
Net Profit
ERIE
ERIE
SENEB
SENEB
Q1 26
$150.5M
Q4 25
$63.4M
$44.8M
Q3 25
$182.9M
$29.7M
Q2 25
$174.7M
$14.9M
Q1 25
$138.4M
$601.0K
Q4 24
$152.0M
$14.7M
Q3 24
$159.8M
$13.3M
Q2 24
$163.9M
$12.7M
Gross Margin
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
16.4%
Q3 25
13.4%
Q2 25
14.1%
Q1 25
4.5%
Q4 24
9.8%
Q3 24
10.1%
Q2 24
14.0%
Operating Margin
ERIE
ERIE
SENEB
SENEB
Q1 26
16.5%
Q4 25
16.6%
11.8%
Q3 25
19.6%
9.0%
Q2 25
18.8%
7.8%
Q1 25
15.3%
0.6%
Q4 24
18.1%
5.1%
Q3 24
18.0%
5.8%
Q2 24
19.2%
8.3%
Net Margin
ERIE
ERIE
SENEB
SENEB
Q1 26
14.9%
Q4 25
6.7%
8.8%
Q3 25
17.1%
6.5%
Q2 25
16.5%
5.0%
Q1 25
14.0%
0.2%
Q4 24
16.5%
2.9%
Q3 24
16.0%
3.1%
Q2 24
16.5%
4.2%
EPS (diluted)
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
$6.48
Q3 25
$4.29
Q2 25
$2.14
Q1 25
$0.10
Q4 24
$2.10
Q3 24
$1.90
Q2 24
$1.80

Balance Sheet & Financial Strength

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

Metric
ERIE
ERIE
SENEB
SENEB
Cash + ST InvestmentsLiquidity on hand
$33.3M
Total DebtLower is stronger
$275.8M
Stockholders' EquityBook value
$2.4B
$713.9M
Total Assets
$3.4B
$1.2B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
$33.3M
Q3 25
$18.1M
Q2 25
$12.1M
Q1 25
$42.7M
Q4 24
$5.3M
Q3 24
$9.5M
Q2 24
$5.5M
Total Debt
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
$275.8M
Q3 25
$280.2M
Q2 25
$293.9M
Q1 25
$369.9M
Q4 24
$416.2M
Q3 24
$504.6M
Q2 24
$572.1M
Stockholders' Equity
ERIE
ERIE
SENEB
SENEB
Q1 26
$2.4B
Q4 25
$2.3B
$713.9M
Q3 25
$2.3B
$672.9M
Q2 25
$2.2B
$644.2M
Q1 25
$2.1B
$633.0M
Q4 24
$2.0B
$612.8M
Q3 24
$1.9B
$598.9M
Q2 24
$1.8B
$588.9M
Total Assets
ERIE
ERIE
SENEB
SENEB
Q1 26
$3.4B
Q4 25
$3.4B
$1.2B
Q3 25
$3.3B
$1.4B
Q2 25
$3.1B
$1.2B
Q1 25
$3.0B
$1.2B
Q4 24
$2.9B
$1.2B
Q3 24
$2.9B
$1.5B
Q2 24
$2.7B
$1.4B
Debt / Equity
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
0.39×
Q3 25
0.42×
Q2 25
0.46×
Q1 25
0.58×
Q4 24
0.68×
Q3 24
0.84×
Q2 24
0.97×

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
SENEB
SENEB
Operating Cash FlowLast quarter
$31.1M
Free Cash FlowOCF − Capex
$22.9M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters
$168.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
$171.6M
$31.1M
Q3 25
$219.4M
$29.3M
Q2 25
$177.6M
$53.7M
Q1 25
$118.1M
$91.9M
Q4 24
$193.5M
$117.7M
Q3 24
$199.2M
$75.5M
Q2 24
$131.4M
$50.3M
Free Cash Flow
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
$140.8M
$22.9M
Q3 25
$184.4M
$21.8M
Q2 25
$157.3M
$42.4M
Q1 25
$88.4M
$81.4M
Q4 24
$146.8M
$108.7M
Q3 24
$171.5M
$70.0M
Q2 24
$103.4M
$38.3M
FCF Margin
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
14.8%
4.5%
Q3 25
17.3%
4.7%
Q2 25
14.8%
14.3%
Q1 25
8.9%
23.5%
Q4 24
15.9%
21.6%
Q3 24
17.1%
16.4%
Q2 24
10.4%
12.6%
Capex Intensity
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
3.2%
1.6%
Q3 25
3.3%
1.6%
Q2 25
1.9%
3.8%
Q1 25
3.0%
3.0%
Q4 24
5.0%
1.8%
Q3 24
2.8%
1.3%
Q2 24
2.8%
4.0%
Cash Conversion
ERIE
ERIE
SENEB
SENEB
Q1 26
Q4 25
2.71×
0.70×
Q3 25
1.20×
0.99×
Q2 25
1.02×
3.61×
Q1 25
0.85×
152.87×
Q4 24
1.27×
8.03×
Q3 24
1.25×
5.68×
Q2 24
0.80×
3.98×

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%

SENEB
SENEB

Canned Vegetables$430.2M85%
Fruit$34.6M7%
Frozen$29.3M6%
Manufactured Product Other$10.8M2%
Snack$3.4M1%

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