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) Return on Invested Capital: 2017-2024

Historic Return on Invested Capital for First Merchants (FRME) over the last 8 years, with Dec 2024 value amounting to -0.09%.

  • First Merchants' Return on Invested Capital rose 1.00% to -0.09% in Q3 2025 from the same period last year, while for Sep 2025 it was -0.09%, marking a year-over-year increase of 1.00%. This contributed to the annual value of -0.09% for FY2024, which is negligibly% changed negligibly from last year.
  • As of FY2024, First Merchants' Return on Invested Capital stood at -0.09%, which was up 4.40% from -0.10% recorded in FY2023.
  • Over the past 5 years, First Merchants' Return on Invested Capital peaked at -0.08% during FY2020, and registered a low of -0.10% during FY2022.
  • For the 3-year period, First Merchants' Return on Invested Capital averaged around -0.09%, with its median value being -0.10% (2023).
  • Per our database at Business Quant, First Merchants' Return on Invested Capital rose by 1bps in 2020 and then declined by 1bps in 2022.
  • Over the past 5 years, First Merchants' Return on Invested Capital (Yearly) stood at -0.08% in 2020, then remained steady at -0.09% in 2021, then dropped by 1bps to -0.10% in 2022, then remained steady at -0.10% in 2023, then remained steady at -0.09% in 2024.