First Merchants Corporation (FRME) — Capital Reinvestment Ratio
First Merchants Corporation (FRME) has a Capital Reinvestment Ratio of 3.07x as of June 2022, meaning it reinvests 3% of its operating cash flow ($44.84 Million) in capital expenditures ($137.78 Million). Check First Merchants Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Merchants Corporation Capital Reinvestment Ratio (1989–2021)
This chart tracks First Merchants Corporation's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see FRME cash flow conversion.
Annual Capital Reinvestment Ratio for First Merchants Corporation (1989–2021)
Year-by-year Capital Reinvestment Ratio for First Merchants Corporation from 1989 to 2021. See how much free cash does First Merchants Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2021 | 0.31x | $207.38 Million | $64.27 Million | ▼ -82.3% |
| 2019 | 1.75x | $178.41 Million | $312.44 Million | ▲ +3360.6% |
| 2018 | 0.05x | $180.24 Million | $9.12 Million | ▼ -98.5% |
| 2017 | 3.42x | $126.50 Million | $432.06 Million | ▲ +3451.7% |
| 2016 | 0.10x | $103.72 Million | $9.97 Million | ▼ -98.3% |
| 2015 | 5.74x | $56.66 Million | $325.37 Million | ▲ +198.2% |
| 2014 | 1.93x | $75.84 Million | $146.03 Million | ▲ +554.3% |
| 2013 | 0.29x | $183.13 Million | $53.89 Million | ▼ -81.0% |
| 2012 | 1.55x | $70.27 Million | $108.63 Million | ▲ +870.8% |
| 2011 | 0.16x | $85.48 Million | $13.61 Million | ▼ -42.0% |
| 2002 | 0.27x | $17.70 Million | $4.85 Million | ▲ +251.2% |
| 2001 | 0.08x | $31.21 Million | $2.44 Million | ▼ -47.2% |
| 2000 | 0.15x | $29.79 Million | $4.41 Million | ▲ +2.8% |
| 1999 | 0.14x | $25.70 Million | $3.70 Million | ▼ -46.3% |
| 1998 | 0.27x | $19.40 Million | $5.20 Million | ▲ +99.0% |
| 1997 | 0.13x | $19.30 Million | $2.60 Million | ▲ +7.8% |
| 1996 | 0.13x | $16.80 Million | $2.10 Million | ▼ -29.8% |
| 1995 | 0.18x | $11.80 Million | $2.10 Million | ▲ +85.4% |
| 1994 | 0.10x | $12.50 Million | $1.20 Million | ▼ -58.3% |
| 1993 | 0.23x | $11.30 Million | $2.60 Million | ▲ +75.9% |
| 1992 | 0.13x | $10.70 Million | $1.40 Million | ▲ +13.0% |
| 1991 | 0.12x | $9.50 Million | $1.10 Million | ▲ +80.6% |
| 1990 | 0.06x | $7.80 Million | $500.00K | ▼ -30.4% |
| 1989 | 0.09x | $7.60 Million | $700.00K | — |