KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Merchants (FRME) Gross Margin: 2016-2024

Historic Gross Margin for First Merchants (FRME) over the last 9 years, with Dec 2024 value amounting to 78.40%.

  • 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.
  • Per First Merchants' latest filing, its Gross Margin stood at 78.40% for FY2024, which was up 3.28% from 75.92% recorded in FY2023.
  • Over the past 5 years, First Merchants' Gross Margin peaked at 79.68% during FY2021, and registered a low of 72.17% during FY2020.
  • Its 3-year average for Gross Margin is 76.12%, with a median of 75.92% in 2023.
  • As far as peak fluctuations go, First Merchants' Gross Margin surged by 751bps in 2021, and later tumbled by 565bps in 2022.
  • Yearly analysis of 5 years shows First Merchants' Gross Margin stood at 72.17% in 2020, then surged by 751bps to 79.68% in 2021, then tumbled by 565bps to 74.04% in 2022, then spiked by 188bps to 75.92% in 2023, then spiked by 249bps to 78.40% in 2024.