
First Merchants Corporation
NASDAQ:FRME
38.3 (USD) • At close June 30, 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 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 1,053.603 | 999.488 | 712.947 | 555.955 | 558.434 | 552.093 | 484.403 | 385.905 | 318.515 | 281.551 | 270.695 | 226.85 | 240.251 | 230.365 | 248.122 | 288.369 | 258.522 | 271.284 | 243.219 | 211.926 | 191.528 | 191.432 | 173.759 | 138.978 | 133.162 | 115.073 | 107.1 | 98.3 | 77.8 | 56.9 | 49.4 | 48.6 | 51.5 | 53.8 | 52 | 50.3 | 0 | 0 |
Cost of Revenue
| 462.592 | 351.986 | 101.558 | 35.952 | 125.054 | 111.545 | 76.314 | 46.755 | 32.496 | 25.211 | 24.402 | 23.217 | 42.147 | 60.52 | 102.492 | 199.269 | 118.327 | 126.12 | 104.769 | 74.434 | 57.29 | 61.865 | 60.933 | 59.65 | 63.171 | 49.1 | 46.9 | 43.1 | 33.7 | 22.7 | 16.9 | 17.5 | 22.1 | 28 | 29.5 | 28.7 | 0 | 0 |
Gross Profit
| 591.011 | 647.502 | 611.389 | 520.003 | 433.38 | 440.548 | 408.089 | 339.15 | 286.019 | 256.34 | 246.293 | 203.633 | 198.104 | 169.845 | 145.63 | 89.1 | 140.195 | 145.164 | 138.45 | 137.492 | 134.238 | 129.567 | 112.826 | 79.328 | 69.991 | 65.973 | 60.2 | 55.2 | 44.1 | 34.2 | 32.5 | 31.1 | 29.4 | 25.8 | 22.5 | 21.6 | 0 | 0 |
Gross Profit Ratio
| 0.561 | 0.648 | 0.858 | 0.937 | 0.776 | 0.803 | 0.842 | 0.879 | 0.898 | 0.91 | 0.91 | 0.898 | 0.825 | 0.737 | 0.587 | 0.309 | 0.542 | 0.535 | 0.569 | 0.649 | 0.701 | 0.677 | 0.649 | 0.571 | 0.526 | 0.573 | 0.562 | 0.562 | 0.567 | 0.601 | 0.658 | 0.64 | 0.571 | 0.48 | 0.433 | 0.429 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 236.196 | 243.419 | 217.128 | 173.238 | 161.741 | 144.754 | 134.624 | 122.376 | 105.588 | 105.563 | 100.237 | 88.275 | 82.907 | 80.266 | 81.374 | 94.324 | 69.164 | 58.843 | 56.125 | 54.059 | 52.479 | 50.484 | 39.15 | 24.711 | 21.418 | 19.8 | 18.3 | 16.6 | 13.4 | 10.6 | 10.1 | 9.1 | 8.8 | 7.7 | 6.7 | 6.5 | 0 | 0 |
Selling & Marketing Expenses
| 7.389 | 7.427 | 7.708 | 5.762 | 6.609 | 6.65 | 4.681 | 3.739 | 3.008 | 3.493 | 3.464 | 2.236 | 2.158 | 2.002 | 1.97 | 2.134 | 2.311 | 2.205 | 1.932 | 2.012 | 1.709 | 1.797 | 1.495 | 1.072 | 1.01 | 0.9 | 0.9 | 0.9 | 0 | 0.6 | 0.5 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 |
SG&A
| 243.585 | 250.846 | 224.836 | 179 | 168.35 | 151.404 | 139.305 | 126.115 | 108.596 | 109.056 | 103.701 | 90.511 | 85.065 | 82.268 | 83.344 | 96.458 | 71.475 | 61.048 | 58.057 | 56.071 | 54.188 | 52.281 | 40.645 | 25.783 | 22.428 | 20.7 | 19.2 | 17.5 | 13.4 | 11.2 | 10.6 | 9.6 | 8.8 | 7.7 | 6.7 | 6.5 | 0 | 0 |
Other Expenses
| 115.698 | 137.424 | 130.879 | 100.213 | 95.055 | 95.359 | 80.646 | 79.441 | 68.763 | 56.235 | 60.307 | 52.708 | 52.05 | 53.67 | 58.967 | 61.829 | 39.999 | 41.134 | 38 | 37.886 | 37.454 | 38.998 | 30.364 | 19.412 | 17.655 | 16.073 | 13.5 | 12.5 | 10.6 | 7.7 | 7.8 | 8.6 | 8.8 | 8.1 | 6.8 | 7.2 | 4.4 | 3.9 |
Operating Expenses
| 359.283 | 388.27 | 355.715 | 279.213 | 263.405 | 246.763 | 219.951 | 205.556 | 177.359 | 165.291 | 164.008 | 143.219 | 137.115 | 135.938 | 142.311 | 158.287 | 111.474 | 102.182 | 96.057 | 93.957 | 91.642 | 91.279 | 71.009 | 45.195 | 40.083 | 36.773 | 32.7 | 30 | 24 | 18.9 | 18.4 | 18.2 | 17.6 | 15.8 | 13.5 | 13.7 | 4.4 | 3.9 |
Operating Income
| 231.728 | 259.232 | 255.674 | 240.79 | 169.975 | 193.785 | 188.138 | 133.594 | 108.66 | 91.049 | 82.285 | 60.414 | 60.989 | 33.907 | 3.319 | -69.187 | 28.721 | 42.982 | 42.393 | 43.535 | 42.596 | 38.288 | 41.817 | 34.133 | 29.908 | 29.2 | 27.5 | 25.2 | 20.1 | 15.3 | 14.1 | 12.9 | 11.8 | 10 | 9 | 7.9 | 4.4 | 3.9 |
Operating Income Ratio
| 0.22 | 0.259 | 0.359 | 0.434 | 0.304 | 0.351 | 0.388 | 0.346 | 0.341 | 0.323 | 0.304 | 0.266 | 0.254 | 0.147 | 0.013 | -0.24 | 0.111 | 0.158 | 0.174 | 0.205 | 0.222 | 0.2 | 0.241 | 0.246 | 0.225 | 0.254 | 0.257 | 0.256 | 0.258 | 0.269 | 0.285 | 0.265 | 0.229 | 0.186 | 0.173 | 0.157 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income Before Tax
| 231.728 | 259.232 | 255.674 | 240.79 | 169.975 | 193.785 | 188.138 | 133.594 | 108.66 | 91.049 | 82.285 | 60.414 | 60.989 | 33.907 | 3.319 | -69.187 | 28.721 | 42.982 | 42.393 | 43.535 | 42.596 | 38.288 | 41.817 | 34.133 | 29.908 | 29.2 | 27.5 | 25.2 | 20.1 | 15.3 | 14.1 | 12.9 | 11.8 | 10 | 9 | 7.9 | 0 | 0 |
Income Before Tax Ratio
| 0.22 | 0.259 | 0.359 | 0.434 | 0.304 | 0.351 | 0.388 | 0.346 | 0.341 | 0.323 | 0.301 | 0.266 | 0.254 | 0.147 | 0.013 | -0.24 | 0.111 | 0.158 | 0.174 | 0.205 | 0.222 | 0.2 | 0.241 | 0.246 | 0.225 | 0.254 | 0.257 | 0.256 | 0.258 | 0.269 | 0.285 | 0.265 | 0.229 | 0.186 | 0.173 | 0.157 | 0 | 0 |
Income Tax Expense
| 30.326 | 35.446 | 33.585 | 35.259 | 21.375 | 29.325 | 28.999 | 37.524 | 27.609 | 25.665 | 22.123 | 15.884 | 15.867 | 8.655 | -3.59 | -28.424 | 8.083 | 11.343 | 12.195 | 13.296 | 13.185 | 10.717 | 13.981 | 11.924 | 9.968 | 10.1 | 9.6 | 8.7 | 7 | 5.4 | 4.9 | 4.4 | 4 | 3.2 | 3 | 2.2 | -4.4 | -3.9 |
Net Income
| 201.402 | 223.786 | 222.089 | 205.531 | 148.6 | 164.46 | 159.139 | 96.07 | 81.051 | 65.384 | 60.162 | 44.53 | 45.122 | 25.252 | 6.909 | -40.763 | 20.638 | 31.639 | 30.198 | 30.239 | 29.411 | 27.571 | 27.836 | 22.209 | 19.94 | 19.1 | 17.9 | 16.5 | 13.1 | 9.9 | 9.2 | 8.7 | 7.8 | 6.8 | 6 | 5.7 | 4.4 | 3.9 |
Net Income Ratio
| 0.191 | 0.224 | 0.312 | 0.37 | 0.266 | 0.298 | 0.329 | 0.249 | 0.254 | 0.232 | 0.222 | 0.196 | 0.188 | 0.11 | 0.028 | -0.141 | 0.08 | 0.117 | 0.124 | 0.143 | 0.154 | 0.144 | 0.16 | 0.16 | 0.15 | 0.166 | 0.167 | 0.168 | 0.168 | 0.174 | 0.186 | 0.179 | 0.151 | 0.126 | 0.115 | 0.113 | 0 | 0 |
EPS
| 3.42 | 3.74 | 3.83 | 3.82 | 2.75 | 3.2 | 3.23 | 2.13 | 1.99 | 1.73 | 1.66 | 1.42 | 1.42 | 0.34 | 0.48 | -2.17 | 1.14 | 1.73 | 1.64 | 1.64 | 1.59 | 1.51 | 1.7 | 1.62 | 1.52 | 1.37 | 1.3 | 1.21 | 1.15 | 1.12 | 1.04 | 0.99 | 0.88 | 0.8 | 0.72 | 0.68 | 0.61 | 0.54 |
EPS Diluted
| 3.41 | 3.73 | 3.81 | 3.81 | 2.74 | 3.19 | 3.22 | 2.12 | 1.98 | 1.72 | 1.65 | 1.41 | 1.41 | 0.34 | 0.48 | -2.17 | 1.14 | 1.73 | 1.64 | 1.63 | 1.58 | 1.5 | 1.69 | 1.61 | 1.51 | 1.36 | 1.28 | 1.19 | 1.15 | 1.12 | 1.04 | 0.98 | 0.88 | 0.8 | 0.72 | 0.68 | 0.61 | 0.54 |
EBITDA
| 258.577 | 270.943 | 267.489 | 251.491 | 180.984 | 203.168 | 196.98 | 141.561 | 115.821 | 97.311 | 88.292 | 65.084 | 65.461 | 39.065 | 9.021 | -63.225 | 33.334 | 47.313 | 47.775 | 48.605 | 47.66 | 43.057 | 49.107 | 38.807 | 34.074 | 32.3 | 30.4 | 27.8 | 22 | 17.2 | 16.5 | 14.7 | 12.6 | 10.6 | 9.6 | 8.4 | 4.4 | 3.9 |
EBITDA Ratio
| 0.245 | 0.271 | 0.375 | 0.453 | 0.324 | 0.368 | 0.407 | 0.367 | 0.364 | 0.346 | 0.323 | 0.287 | 0.272 | 0.17 | 0.036 | -0.219 | 0.129 | 0.174 | 0.196 | 0.229 | 0.249 | 0.225 | 0.283 | 0.279 | 0.256 | 0.281 | 0.284 | 0.283 | 0.283 | 0.302 | 0.334 | 0.302 | 0.245 | 0.197 | 0.185 | 0.167 | 0 | 0 |