First Merchants (FRME) Gross Margin (2017 - 2025)
Historic Gross Margin for First Merchants (FRME) over the last 9 years, with Q3 2025 value amounting to 76.24%.
- First Merchants' Gross Margin fell 22300.0% 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 5400.0%. This contributed to the annual value of 78.4% for FY2024, which is 24900.0% up from last year.
- First Merchants' Gross Margin amounted to 76.24% in Q3 2025, which was down 22300.0% from 77.39% recorded in Q2 2025.
- In the past 5 years, First Merchants' Gross Margin registered a high of 89.96% during Q1 2022, and its lowest value of 57.91% during Q4 2022.
- Its 5-year average for Gross Margin is 77.48%, with a median of 78.46% in 2024.
- Its Gross Margin has fluctuated over the past 5 years, first soared by 193700bps in 2021, then plummeted by -160900bps in 2022.
- Quarter analysis of 5 years shows First Merchants' Gross Margin stood at 74.0% in 2021, then decreased by -22bps to 57.91% in 2022, then increased by 13bps to 65.59% in 2023, then increased by 7bps to 70.2% in 2024, then increased by 9bps to 76.24% in 2025.
- Its last three reported values are 76.24% in Q3 2025, 77.39% for Q2 2025, and 84.35% during Q1 2025.