• Erie Indemnity average net profit margin for 2023 was 12.83%, a 22.66% increase from 2022.
• Erie Indemnity average net profit margin for 2022 was 10.46%, a 9.67% increase from 2021.
• Erie Indemnity average net profit margin for 2021 was 11.58%, a 0.52% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.