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First Merchants (FRME) Gross Margin: 2017-2025

Historic Gross Margin for First Merchants (FRME) over the last 8 years, with Sep 2025 value amounting to 76.24%.

  • First Merchants' Gross Margin fell 223.00% to 76.24% in Q3 2025 from the same period last year, while for Sep 2025 it was 77.03%, marking a year-over-year decrease of 54.00%. This contributed to the annual value of 78.40% for FY2024, which is 249.00% up from last year.
  • Latest data reveals that First Merchants reported Gross Margin of 76.24% as of Q3 2025, which was down 1.49% from 77.39% recorded in Q2 2025.
  • First Merchants' Gross Margin's 5-year high stood at 89.96% during Q1 2022, with a 5-year trough of 57.91% in Q4 2022.
  • Moreover, its 3-year median value for Gross Margin was 78.46% (2024), whereas its average is 77.92%.
  • As far as peak fluctuations go, First Merchants' Gross Margin spiked by 1,937bps in 2021, and later tumbled by 1,609bps in 2022.
  • Quarterly analysis of 5 years shows First Merchants' Gross Margin stood at 74.00% in 2021, then tumbled by 1,609bps to 57.91% in 2022, then surged by 768bps to 65.59% in 2023, then surged by 461bps to 70.20% in 2024, then crashed by 223bps to 76.24% in 2025.
  • Its Gross Margin was 76.24% in Q3 2025, compared to 77.39% in Q2 2025 and 84.35% in Q1 2025.