KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Merchants (FRME) Debt to Equity (2016 - 2025)

Historic Debt to Equity for First Merchants (FRME) over the last 10 years, with Q3 2025 value amounting to $0.33.

  • First Merchants' Debt to Equity fell 845.85% to $0.33 in Q3 2025 from the same period last year, while for Sep 2025 it was $0.33, marking a year-over-year decrease of 845.85%. This contributed to the annual value of $0.36 for FY2024, which is 1252.22% up from last year.
  • Latest data reveals that First Merchants reported Debt to Equity of $0.33 as of Q3 2025, which was down 845.85% from $0.38 recorded in Q2 2025.
  • Over the past 5 years, First Merchants' Debt to Equity peaked at $0.42 during Q1 2025, and registered a low of $0.17 during Q1 2022.
  • In the last 5 years, First Merchants' Debt to Equity had a median value of $0.34 in 2023 and averaged $0.31.
  • In the last 5 years, First Merchants' Debt to Equity soared by 13176.06% in 2022 and then crashed by 2901.86% in 2024.
  • First Merchants' Debt to Equity (Quarter) stood at $0.17 in 2021, then surged by 131.76% to $0.4 in 2022, then dropped by 21.65% to $0.32 in 2023, then rose by 12.52% to $0.36 in 2024, then dropped by 7.23% to $0.33 in 2025.
  • Its Debt to Equity was $0.33 in Q3 2025, compared to $0.38 in Q2 2025 and $0.42 in Q1 2025.