
Farmers & Merchants Bancorp, Inc.
NASDAQ:FMAO
26.92 (USD) • At close July 2, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 176.563 | 152.047 | 113.658 | 92.169 | 85.259 | 78.33 | 55.909 | 50.783 | 47.804 | 44.391 | 43.48 | 42.122 | 44.235 | 43.5 | 48.086 | 48.937 | 50.305 | 51.811 | 48.702 | 44.541 | 42.777 | 49.092 | 32.388 | 32.654 | 34.205 | 26.22 | 24.647 |
Cost of Revenue
| 77.933 | 60.155 | 18.962 | 10.786 | 17.374 | 15.897 | 6.896 | 5.349 | 5.344 | 4.212 | 4.907 | 5.462 | 6.988 | 9.871 | 16.188 | 16.778 | 19.888 | 22.593 | 19.06 | 13.114 | 12.106 | 21.186 | 18.522 | 24.28 | 27.557 | 20.562 | 18.828 |
Gross Profit
| 98.63 | 91.892 | 94.696 | 81.383 | 67.885 | 62.433 | 49.337 | 45.434 | 42.46 | 40.179 | 38.573 | 36.66 | 37.247 | 33.629 | 31.898 | 32.159 | 30.417 | 29.218 | 29.642 | 31.427 | 30.671 | 27.906 | 13.866 | 8.374 | 6.648 | 5.658 | 5.819 |
Gross Profit Ratio
| 0.559 | 0.604 | 0.833 | 0.883 | 0.796 | 0.797 | 0.882 | 0.895 | 0.888 | 0.905 | 0.887 | 0.87 | 0.842 | 0.773 | 0.663 | 0.657 | 0.605 | 0.564 | 0.609 | 0.706 | 0.717 | 0.568 | 0.428 | 0.256 | 0.194 | 0.216 | 0.236 |
Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 46.24 | 42.79 | 36.389 | 36.754 | 30.82 | 28.449 | 22.519 | 20.582 | 19.188 | 20.619 | 20.033 | 18.866 | 17.903 | 16.974 | 17.976 | 17.309 | 17.388 | 10.888 | 10.76 | 10.686 | 10.222 | 9.248 | 17.796 | 16.986 | 16.235 | 15.351 | 14.493 |
Selling & Marketing Expenses
| 2.144 | 2.606 | 1.646 | 1.436 | 1.332 | 1.569 | 0.887 | 0.757 | 0.727 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SG&A
| 48.384 | 45.396 | 38.035 | 38.19 | 32.152 | 30.018 | 23.406 | 21.339 | 19.915 | 20.619 | 20.033 | 18.866 | 17.903 | 16.974 | 17.976 | 17.309 | 17.388 | 10.888 | 10.76 | 10.686 | 10.222 | 9.248 | 17.796 | 16.986 | 16.235 | 15.351 | 14.493 |
Other Expenses
| 17.673 | 18.142 | 16.186 | 13.696 | 10.527 | 9.781 | 7.431 | 6.192 | 6.225 | 5.401 | 5.023 | 5.191 | 5.652 | 5.248 | 4.506 | 5.77 | 3.856 | 7.768 | 7.639 | 8.963 | 8.646 | 8.573 | -24.403 | -28.75 | -27.257 | -23.823 | -20.764 |
Operating Expenses
| 66.057 | 63.538 | 54.221 | 51.886 | 42.679 | 39.671 | 30.763 | 27.531 | 26.14 | 26.02 | 25.056 | 24.057 | 23.555 | 22.222 | 22.535 | 23.079 | 21.244 | 18.656 | 18.399 | 19.649 | 18.868 | 17.821 | -6.607 | -11.764 | -11.022 | -8.472 | -6.271 |
Operating Income
| 32.573 | 28.354 | 40.475 | 29.497 | 25.206 | 22.634 | 18.25 | 17.903 | 16.32 | 14.159 | 13.517 | 12.603 | 13.692 | 11.407 | 9.363 | 9.08 | 9.173 | 10.562 | 11.243 | 11.778 | 11.803 | 10.085 | 20.473 | 20.138 | 17.67 | 14.13 | 12.09 |
Operating Income Ratio
| 0.184 | 0.186 | 0.356 | 0.32 | 0.296 | 0.289 | 0.326 | 0.353 | 0.341 | 0.319 | 0.311 | 0.299 | 0.31 | 0.262 | 0.195 | 0.186 | 0.182 | 0.204 | 0.231 | 0.264 | 0.276 | 0.205 | 0.632 | 0.617 | 0.517 | 0.539 | 0.491 |
Total Other Income Expenses Net
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income Before Tax
| 32.573 | 28.354 | 40.475 | 29.497 | 25.206 | 22.634 | 18.176 | 17.903 | 16.32 | 14.159 | 13.517 | 12.603 | 13.692 | 11.407 | 9.363 | 9.08 | 9.173 | 10.562 | 11.243 | 11.778 | 11.803 | 10.085 | 20.473 | 20.138 | 17.67 | 14.13 | 12.09 |
Income Before Tax Ratio
| 0.184 | 0.186 | 0.356 | 0.32 | 0.296 | 0.289 | 0.325 | 0.353 | 0.341 | 0.319 | 0.311 | 0.299 | 0.31 | 0.262 | 0.195 | 0.186 | 0.182 | 0.204 | 0.231 | 0.264 | 0.276 | 0.205 | 0.632 | 0.617 | 0.517 | 0.539 | 0.491 |
Income Tax Expense
| 6.635 | 5.567 | 7.96 | 6.002 | 5.111 | 4.36 | 3.301 | 5.183 | 4.656 | 3.819 | 3.871 | 3.596 | 3.904 | 2.893 | 2.382 | 2.475 | 2.45 | 2.828 | 3.107 | 3.202 | 3.573 | 2.459 | 7.054 | 7.821 | 6.65 | 4.914 | 4.03 |
Net Income
| 25.938 | 22.787 | 32.515 | 23.495 | 20.095 | 18.402 | 14.949 | 12.72 | 11.664 | 10.34 | 9.646 | 9.007 | 9.788 | 8.514 | 6.981 | 6.605 | 6.723 | 7.734 | 8.136 | 8.576 | 8.23 | 7.626 | 13.419 | 12.317 | 11.02 | 9.216 | 8.06 |
Net Income Ratio
| 0.147 | 0.15 | 0.286 | 0.255 | 0.236 | 0.235 | 0.267 | 0.25 | 0.244 | 0.233 | 0.222 | 0.214 | 0.221 | 0.196 | 0.145 | 0.135 | 0.134 | 0.149 | 0.167 | 0.193 | 0.192 | 0.155 | 0.414 | 0.377 | 0.322 | 0.351 | 0.327 |
EPS
| 1.9 | 1.67 | 2.46 | 2.01 | 1.8 | 1.66 | 1.61 | 1.38 | 1.26 | 1.12 | 1.04 | 0.97 | 1.04 | 0.9 | 0.74 | 0.7 | 0.7 | 0.76 | 12.63 | 11.12 | 2.46 | 2.41 | 2.28 | 2.14 | 1.9 | 1.66 | 1.52 |
EPS Diluted
| 1.9 | 1.67 | 2.46 | 2.01 | 1.8 | 1.66 | 1.61 | 1.38 | 1.26 | 1.12 | 1.04 | 0.97 | 1.04 | 0.9 | 0.74 | 0.7 | 0.7 | 0.76 | 12.63 | 11.12 | 2.46 | 2.41 | 2.28 | 2.14 | 1.9 | 1.66 | 1.52 |
EBITDA
| 38.945 | 34.128 | 44.493 | 34.487 | 29.504 | 26.283 | 20.418 | 20.052 | 18.526 | 16.221 | 15.634 | 14.532 | 15.926 | 13.352 | 11.428 | 11.341 | 10.832 | 11.878 | 12.613 | 13.238 | 13.277 | 12.024 | 22.057 | 21.73 | 19.43 | 15.9 | 13.727 |
EBITDA Ratio
| 0.221 | 0.224 | 0.391 | 0.374 | 0.346 | 0.336 | 0.365 | 0.395 | 0.388 | 0.365 | 0.36 | 0.345 | 0.36 | 0.307 | 0.238 | 0.232 | 0.215 | 0.229 | 0.259 | 0.297 | 0.31 | 0.245 | 0.681 | 0.665 | 0.568 | 0.606 | 0.557 |