• Erie Indemnity average operating margin for 2024 was 17.05%, a 15.67% increase from 2023.
• Erie Indemnity average operating margin for 2023 was 14.74%, a 15.88% increase from 2022.
• Erie Indemnity average operating margin for 2022 was 12.72%, a 2.25% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.