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First Merchants (First Merchants) FCF Yield % : 13.07 (As of Apr. 30, 2024)


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What is First Merchants FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, First Merchants's Trailing 12-Month Free Cash Flow is $258.8 Mil, and Market Cap is $1,980.7 Mil. Therefore, First Merchants's FCF Yield % for today is 13.07%.

The historical rank and industry rank for First Merchants's FCF Yield % or its related term are showing as below:

FRME' s FCF Yield % Range Over the Past 10 Years
Min: 4.74   Med: 9.34   Max: 27.52
Current: 13.07


During the past 13 years, the highest FCF Yield % of First Merchants was 27.52%. The lowest was 4.74%. And the median was 9.34%.

FRME's FCF Yield % is ranked better than
58.72% of 1427 companies
in the Banks industry
Industry Median: 10.11 vs FRME: 13.07

First Merchants's FCF Margin % for the quarter that ended in Dec. 2023 was 55.04%.


First Merchants FCF Yield % Historical Data

The historical data trend for First Merchants's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Merchants FCF Yield % Chart

First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.67 10.10 9.62 11.69 11.75

First Merchants Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.95 8.57 14.27 15.64 -

Competitive Comparison of First Merchants's FCF Yield %

For the Banks - Regional subindustry, First Merchants's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Merchants's FCF Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Merchants's FCF Yield % distribution charts can be found below:

* The bar in red indicates where First Merchants's FCF Yield % falls into.



First Merchants FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

First Merchants's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=258.833 / 2203.445628
=11.75%

First Merchants's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=86.135 * 4 / 2203.445628
=15.64%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Merchants FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


First Merchants FCF Yield % Related Terms

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First Merchants (First Merchants) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.
Executives
Michael C Rechin officer: Executive Vice President, other: Chief Operating Officer 13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher director 200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi director 200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman director 200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang director 200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler officer: Chief Information Officer, other: Senior Vice President 200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson director 200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring director 32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman director 609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball officer: Chief Risk Officer 200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick officer: Senior Vice President, other: Chief Financial Officer POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher director 200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke director 200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy director 200 EAST JACKSON STREET, MUNCIE IN 47305

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