First Merchants (FRME) FCF Payout Ratio (2012 - 2026)
First Merchants' FCF Payout Ratio came in at 0.26 for Q2 2026, down 31.9% from 0.39 a year earlier and down 32.3% from the prior quarter.
First Merchants (FRME) FCF Payout Ratio (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Merchants reported FCF Payout Ratio of 0.28, down 12.1% year-over-year; for FY2025, it came in at 0.29, down 4.7% from FY2024.
- Going back by year, FCF Payout Ratio was 0.31 in FY2024 (-0.9%), 0.31 in FY2023 (+20.9%), 0.26 in FY2022 (-10.0%) and 0.28 in FY2021 (+2.5%).
- The five-year range for quarterly FCF Payout Ratio is 0.14 (Q4 2022) to 0.80 (Q2 2023).
- Year-over-year, FCF Payout Ratio increased in three of the last eight quarters, with an average decline of 2.6%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q4 2023 (growth of 127.1%), and the weakest in Q2 2024 (a decline of 59.4%).
- Business Quant data shows FRME's FCF Payout Ratio at 0.39 (Q1 2026), 0.26 (Q4 2025) and 0.24 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 0.08 |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 0.20 |
| 10 | First Merchants | 2.47 Bn | 2.47 Bn | - | 0.26 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.24 |
First Merchants FCF Payout Ratio 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-payout-ratio&ticker=FRME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();