First Merchants Corporation FRME

40.71 0.22 0.54% as of 25 Sep
Market cap
$2.5B
P/E
13.0×
Growth Flags show if company had growth for consecutive years

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
1,051.73 1,073.59 999.49 712.95 555.96 558.43 552.09 484.40 385.91 318.52
Revenue Growth
(2.04%) 7.41% 40.19% 28.24% (0.44%) 1.15% 13.97% 25.52% 21.16% 9.43%
Cost of Revenue
388.78 426.89 348.49 84.80 35.95 66.38 108.75 69.09 37.61 26.84
Gross Profit
662.95 646.69 651.00 628.14 520.00 492.05 443.35 415.32 348.29 291.68
SG&A Expenses
397.81 407.70 383.03 364.20 273.47 316.09 243.57 220.46 209.05 179.11
Operating Income
259.11 231.73 259.23 255.67 240.79 169.98 193.79 188.14 133.59 108.66
EBT
259.11 231.73 259.23 255.67 240.79 169.98 193.79 188.14 133.59 108.66
Income Tax Provision
33.11 30.33 35.45 33.59 35.26 21.38 29.33 29.00 37.52 27.61
Income after Tax
226.00 201.40 223.79 222.09 205.53 148.60 164.46 159.14 96.07 81.05
Dividends (Preferred)
1.88 1.88 1.88 1.41 — — — — 0.00 —
Net Income Common
224.13 199.53 221.91 220.68 205.53 148.60 164.46 159.14 96.07 81.05
EPS (Basic)
3.90 3.42 3.74 3.83 3.82 2.75 3.20 3.23 2.13 1.98
EPS (Diluted)
3.88 3.41 3.73 3.81 3.81 2.74 3.19 3.22 2.12 1.98
Shares (Basic, Weighted)
57.46 58.31 59.31 57.69 53.78 54.06 51.41 49.26 45.18 40.77
Shares (Diluted, Weighted)
57.73 58.53 59.49 57.95 53.98 54.22 51.56 49.47 45.40 41.01
Gross Margin
63.03% 60.24% 65.13% 88.11% 93.53% 88.11% 80.30% 85.74% 90.25% 91.57%
EBIT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT margin
24.64% 21.58% 25.94% 35.86% 43.31% 30.44% 35.10% 38.84% 34.62% 34.11%
Net Profit Margin
21.31% 18.59% 22.20% 30.95% 36.97% 26.61% 29.79% 32.85% 24.89% 25.45%
Free Cash Flow Margin
26.97% 24.80% 25.90% 39.88% 38.73% 36.50% 32.01% 37.21% 32.78% 32.56%
Other line items
Income from Continuous Operations
226.00 201.40 223.79 222.09 205.53 148.60 164.46 159.14 96.07 81.05
Consolidated Net Income/Loss
226.00 201.40 223.79 222.09 205.53 148.60 164.46 159.14 96.07 81.05
EPS (Basic, from Continuous Ops)
3.93 3.45 3.77 3.85 3.82 2.75 3.20 3.23 2.13 1.99
EPS (Basic, Consolidated)
3.93 3.45 3.77 3.85 3.82 2.75 3.20 3.23 2.13 1.99
EPS (Diluted, from Cont. Ops)
3.92 3.44 3.76 3.83 3.81 2.74 3.19 3.22 2.12 1.98
Shares (Diluted, Average)
57.73 58.53 59.49 57.95 53.98 54.22 51.39 49.47 45.40 41.01
EPS (Diluted, Consolidated)
3.92 3.44 3.76 3.83 3.81 2.74 3.19 3.22 2.12 1.98
EBITDA Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Margin
26.97% 24.80% 25.90% 39.88% 38.73% 36.50% 32.01% 37.21% 32.78% 32.56%

Fold the line items

In millions of $ except per-share values · columns are period end dates