First Merchants Corporation FRME
40.71
0.22
0.54%
as of 25 Sep
- Market cap
- $2.5B
- P/E
- 13.0×
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Growth Flags
show if company had growth for consecutive years
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
9.61 | 11.66 | 9.91 | 10.71 | 10.97 | 13.60 | 13.00 | 10.61 | 19.67 | 18.94 |
P/S ratio |
2.05 | 2.17 | 2.20 | 3.32 | 4.05 | 3.62 | 3.87 | 3.49 | 4.91 | 4.83 |
P/FCF ratio |
7.59 | 8.74 | 8.51 | 8.32 | 10.46 | 9.92 | 12.10 | 9.37 | 14.96 | 14.82 |
P/Operating CF |
26.68 | 34.46 | 33.59 | 16.94 | 41.87 | 33.99 | 53.19 | 38.30 | 40.16 | 67.04 |
P/B ratio |
0.88 | 1.02 | 0.99 | 1.18 | 1.18 | 1.08 | 1.20 | 1.20 | 1.45 | 1.70 |
Price to Tangible BV |
1.26 | 1.50 | 1.49 | 1.87 | 1.68 | 1.55 | 1.77 | 1.80 | 2.29 | 2.39 |
EV/Sales |
2.60 | 2.66 | 2.53 | 4.34 | 3.71 | 3.48 | 4.22 | 4.06 | 5.85 | 5.69 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
9.62 | 10.73 | 9.76 | 10.88 | 9.59 | 9.54 | 13.20 | 10.90 | 17.84 | 17.47 |
EV/FCF |
9.62 | 10.73 | 9.76 | 10.88 | 9.59 | 9.54 | 13.20 | 10.90 | 17.84 | 17.47 |
Quick Ratio |
0.02 | 0.03 | 0.04 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.03 | 0.03 |
Current Ratio |
0.91 | 0.89 | 0.86 | 0.82 | 0.76 | 0.85 | 0.87 | 0.92 | 0.93 | 0.90 |
Net Debt/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Assets |
4.50% | 5.00% | 4.73% | 5.42% | 2.93% | 3.61% | 3.93% | 4.59% | 5.91% | 5.93% |
Debt/Equity |
0.35 | 0.40 | 0.39 | 0.48 | 0.24 | 0.27 | 0.27 | 0.32 | 0.42 | 0.47 |
Asset Turnover |
0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
Operating CF/Net income |
1.27 | 1.33 | 1.17 | 1.29 | 1.05 | 1.37 | 1.07 | 1.13 | 1.32 | 1.28 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 9.49% | 8.86% | 10.49% | 11.25% | 10.85% | 8.12% | 10.30% | 11.74% | 8.71% | 9.25% | |
| 1.20% | 1.09% | 1.22% | 1.32% | 1.39% | 1.12% | 1.47% | 1.65% | 1.16% | 1.16% | |
ROIC |
5.32% | 5.11% | 6.30% | 5.79% | 8.73% | 5.91% | 6.11% | 6.98% | 5.01% | 5.77% |
Return on Tangible Assets |
(16.65%) | (13.38%) | (11.57%) | (8.87%) | (6.73%) | (8.87%) | (13.22%) | (30.69%) | (21.29%) | (17.00%) |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
37.82% | 37.98% | 38.32% | 51.08% | 49.19% | 56.60% | 44.12% | 45.51% | 54.17% | 56.23% |
Intangible Assets out of Total Assets |
0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 |
Share Based Compensation of Revenue |
0.70% | 0.54% | 0.52% | 0.65% | 0.86% | 0.82% | 0.75% | 0.74% | 0.73% | 0.82% |
Graham Net Nets |
(1.19) | (1.22) | (1.46) | (1.63) | (1.68) | (1.20) | (0.91) | (0.66) | (0.61) | (0.69) |
Graham Number |
61.06 | 54.85 | 56.23 | 54.79 | 55.28 | 46.33 | 50.02 | 45.58 | 37.18 | 31.47 |
Earnings Yield |
10.41% | 8.57% | 10.09% | 9.34% | 9.12% | 7.35% | 7.69% | 9.43% | 5.08% | 5.28% |
Free Cash Flow Yield |
13.17% | 11.44% | 11.74% | 12.02% | 9.56% | 10.08% | 8.27% | 10.68% | 6.68% | 6.75% |
Revenue per Share |
18.30 | 18.41 | 16.85 | 12.36 | 10.34 | 10.33 | 10.74 | 9.83 | 8.54 | 7.81 |
Operating CF per Share |
4.94 | 4.57 | 4.36 | 4.93 | 4.00 | 3.77 | 3.44 | 3.66 | 2.80 | 2.54 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
4.94 | 4.57 | 4.36 | 4.93 | 4.00 | 3.77 | 3.44 | 3.66 | 2.80 | 2.54 |
Cash per Share |
4.88 | 6.63 | 9.25 | 4.31 | 11.92 | 10.83 | 5.75 | 3.58 | 4.20 | 3.74 |
Shareholders Equity per Share |
42.93 | 39.53 | 37.90 | 35.27 | 35.56 | 34.70 | 34.75 | 28.59 | 28.85 | 22.12 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
42.93 | 39.53 | 37.90 | 35.27 | 35.56 | 34.70 | 34.75 | 28.59 | 28.85 | 22.12 |
Free Cash Flow |
283.65 | 266.21 | 258.83 | 284.29 | 215.34 | 203.83 | 176.73 | 180.24 | 126.50 | 103.72 |
Working Capital |
(1,466.83) | (1,621.23) | (2,051.23) | (2,605.81) | (3,160.78) | (1,786.36) | (1,357.23) | (611.93) | (547.14) | (571.32) |
Net Current Asset Value |
(2,568.41) | (2,848.39) | (3,211.75) | (3,843.99) | (3,784.44) | (2,435.93) | (1,938.39) | (1,110.67) | (1,153.57) | (1,054.84) |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Net Profit Margin |
21.31% | 18.59% | 22.20% | 30.95% | 36.97% | 26.61% | 29.79% | 32.85% | 24.89% | 25.45% |
Price to Operating Income |
8.31 | 10.04 | 8.50 | 9.25 | 9.36 | 11.90 | 11.03 | 8.97 | 14.17 | 14.14 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.24 | 0.21 | 0.09 | 0.10 | 0.10 | 0.10 | 0.08 | 0.09 | 0.08 | 0.08 |
Cash ROIC |
4.51% | 3.78% | 3.41% | 5.13% | 3.65% | 3.12% | 2.48% | 4.26% | 1.50% | 0.63% |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
0.03 | 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
14,359.38 | 12,416.24 | 15,523.81 | 61,904.69 | 129,266.57 | 62,472.51 | 33,027.58 | 40,969.02 | 69,604.74 | 75,566.22 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Payables |
14,908.25 | 14,671.54 | 14,602.10 | 13,557.67 | 12,047.10 | 10,600.78 | 8,797.27 | 7,463.56 | 6,364.51 | 5,423.07 |
Average Assets |
18,668.54 | 18,358.93 | 18,204.05 | 16,727.68 | 14,760.18 | 13,262.23 | 11,170.98 | 9,626.10 | 8,289.54 | 6,986.31 |
Average Common Equity |
2,360.70 | 2,251.22 | 2,116.12 | 1,961.05 | 1,893.98 | 1,830.92 | 1,597.22 | 1,355.74 | 1,102.44 | 875.96 |
Columns are period end dates