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.
- As of Q3 2025, First Merchants' Gross Margin stood at 76.24%, which was down 22300.0% from 77.39% recorded in Q2 2025.
- First Merchants' 5-year Gross Margin high stood at 89.96% for Q1 2022, and its period low was 57.91% during Q4 2022.
- In the last 5 years, First Merchants' Gross Margin had a median value of 78.46% in 2024 and averaged 77.48%.
- Per our database at Business Quant, First Merchants' Gross Margin soared by 193700bps in 2021 and then plummeted by -160900bps in 2022.
- First Merchants' Gross Margin (Quarter) 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 Gross Margin stands at 76.24% for Q3 2025, versus 77.39% for Q2 2025 and 84.35% for Q1 2025.