First Merchants (FRME) EBITDA Margin (2012 - 2026)
First Merchants' EBITDA Margin was 599.40% in Q2 2026, down 120.91 percentage points from 720.30% a year earlier but up 71.01 percentage points from the prior quarter.
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Analysis
First Merchants (FRME) EBITDA Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Merchants' EBITDA Margin was 632.75% through Jun 30, 2026, down 121.21 percentage points year-over-year; for FY2025, it was 716.93%, down 38.27 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +376.77 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 755.20% in FY2024 (+33.28 pp), 721.91% in FY2023 (+300.45 pp), 421.46% in FY2022 (+32.45 pp) and 389.00% in FY2021 (+48.85 pp).
- Quarterly EBITDA Margin has moved between 258.39% (Q2 2022) and 816.46% (Q4 2024) over five years.
- Compared with a year earlier, EBITDA Margin has declined for four straight quarters, with an average year-over-year change of -54.59 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 487.91 percentage points); the worst was Q1 2026 (a drop of 211.86 percentage points).
- Per Business Quant data, FRME's EBITDA Margin in the three quarters before Q2 2026 was 528.38% (Q1 2026), 690.15% (Q4 2025) and 719.57% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 95.81% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 95.10% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 101.52% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 142.03% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 133.57% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 92.35% |
| 10 | First Merchants | 2.47 Bn | 2.47 Bn | - | 599.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 599.40% |
| Mar 31, 2026 | 528.38% |
| Dec 31, 2025 | 690.15% |
| Sep 30, 2025 | 719.57% |
| Jun 30, 2025 | 720.30% |
| Mar 31, 2025 | 740.24% |
| Dec 31, 2024 | 816.46% |
| Sep 30, 2024 | 737.39% |
| Jun 30, 2024 | 683.28% |
| Mar 31, 2024 | 783.19% |
| Dec 31, 2023 | 726.28% |
| Sep 30, 2023 | 781.45% |
| Jun 30, 2023 | 746.31% |
| Mar 31, 2023 | 637.59% |
| Dec 31, 2022 | 648.10% |
| Sep 30, 2022 | 489.40% |
| Jun 30, 2022 | 258.39% |
| Mar 31, 2022 | 316.22% |
| Dec 31, 2021 | 340.30% |
| Sep 30, 2021 | 382.26% |
API Access
First Merchants EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();