ERIE

Value Q3, 24Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total common shares outstanding 46.19 M46.19 M46.19 M46.19 M46.19 M46.19 M — Enterprise value 59.83 T45.69 T46.44 T38.44 T35.26 T31.77 T 151.91 T Price to earnings ratio 50.4535.9135.632925.6826.81 117.12 Price to sales ratio 7.655.685.614.574.123.69 17.99 Price to cash flow ratio 49.8635.2834.1326.3523.4921.84 105.81 Price to book ratio 3.9410.852.82.221.956.57 13.53 Enterprise value to EBITDA ratio —————— — Return on assets % 0.060.050.050.060.060.02 0.18 Return on equity % 0.080.080.070.080.080.03 0.25 Return on invested capital % 22.6320.1117.922.5922.115.7 78.3 Gross margin % 100100100100100100 400 Operating margin % 18.0118.1115.318.7919.5916.58 70.26 EBITDA margin % —————— — Net margin % 15.9816.4513.9916.4817.146.66 54.27 Quick ratio —————— — Current ratio 1.361.431.381.471.671.27 5.79 Inventory turnover —————— — Asset turnover 0.360.320.340.350.330.28 1.3 Debt to assets ratio —————— — Debt to equity ratio —————— — Long term debt to total assets ratio —————— — Long term debt to total equity ratio —————— — Operating cash flow per share 3.813.72.263.44.193.28 13.13 EBIT per share —————— — EBITDA per share —————— — Total debt per share —————— — Cash per share 0.930.851.011.131.140.65 3.94 Net current asset value per share 20.9821.8921.4624.2728.6422.93 97.3 Tangible book value per share 37.2437.9939.5241.7644.1443.65 169.08 Working capital per share 5.556.555.937.811.484.85 30.05 Book value per share 37.2537.9939.5341.7744.1443.65 169.09