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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Merchants (FRME) Interest Coverage Ratio (2016 - 2025)

First Merchants' Interest Coverage Ratio history spans 10 years, with the latest figure at 1.28 for Q4 2025.

  • For Q4 2025, Interest Coverage Ratio fell 32.22% year-over-year to 1.28; the TTM value through Dec 2025 reached 1.01, down 14.53%, while the annual FY2025 figure was 1.0, 11.31% down from the prior year.
  • Interest Coverage Ratio reached 1.28 in Q4 2025 per FRME's latest filing, down from 0.92 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3.53 in Q4 2021 to a low of 46.4 in Q2 2022.
  • Average Interest Coverage Ratio over 5 years is 11.15, with a median of 0.95 recorded in 2024.
  • The largest YoY upside for Interest Coverage Ratio was 157.91% in 2021 against a maximum downside of 1013.77% in 2021.
  • A 5-year view of Interest Coverage Ratio shows it stood at 3.53 in 2021, then plummeted by 124.2% to 0.85 in 2022, then rose by 10.01% to 0.77 in 2023, then dropped by 25.79% to 0.97 in 2024, then crashed by 32.22% to 1.28 in 2025.
  • Per Business Quant, the three most recent readings for FRME's Interest Coverage Ratio are 1.28 (Q4 2025), 0.92 (Q3 2025), and 0.9 (Q2 2025).