First Merchants Corp (FRME) FCF Margin (2012 - 2026)
First Merchants (FRME) posted FCF Margin of 332.06% for Q2 2026, up 104.25 percentage points from 227.81% a year earlier and up 99.90 percentage points from the prior quarter.
First Merchants Corp (FRME) FCF Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at First Merchants was 313.01%, up 31.84 percentage points year-over-year; for FY2025, it was 300.23%, up 6.94 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +19.95 percentage points (FY2020 to FY2025).
- In prior years, First Merchants' FCF Margin was 293.29% in FY2024 (-8.37 pp), 301.66% in FY2023 (-38.45 pp), 340.10% in FY2022 (+48.68 pp) and 291.43% in FY2021 (+11.14 pp).
- Quarterly FCF Margin has run from a low of 119.86% in Q2 2023 to a high of 704.40% in Q4 2022 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +1.69 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2022, with a gain of 427.01 percentage points; the weakest was Q4 2023, with a drop of 400.63 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 232.16% (Q1 2026), 328.47% (Q4 2025) and 360.61% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.89% |
| Mar 31, 2026 | 37.29% |
| Dec 31, 2025 | 46.88% |
| Sep 30, 2025 | 52.70% |
| Jun 30, 2025 | 32.67% |
| Mar 31, 2025 | 38.49% |
| Dec 31, 2024 | 38.11% |
| Sep 30, 2024 | 49.26% |
| Jun 30, 2024 | 39.42% |
| Mar 31, 2024 | 38.29% |
| Dec 31, 2023 | 41.92% |
| Sep 30, 2023 | 49.77% |
| Jun 30, 2023 | 15.45% |
| Mar 31, 2023 | 51.80% |
| Dec 31, 2022 | 80.65% |
| Sep 30, 2022 | 29.20% |
| Jun 30, 2022 | 28.57% |
| Mar 31, 2022 | 39.18% |
| Dec 31, 2021 | 42.33% |
| Sep 30, 2021 | 49.85% |
First Merchants Corp FCF 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=fcf-margin&ticker=FRME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();