• Erie Indemnity average ebitda margin for 2023 was 14.74%, a 15.88% increase from 2022.
• Erie Indemnity average ebitda margin for 2022 was 12.72%, a 2.25% increase from 2021.
• Erie Indemnity average ebitda margin for 2021 was 12.44%, a 9.86% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.