First Merchants Corporation
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management servi… Read more
First Merchants Corporation (FRME) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: 0.033x
Based on the latest financial reports, First Merchants Corporation (FRME) has a cash flow conversion efficiency ratio of 0.033x as of December 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($80.71 Million) by net assets ($2.47 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Merchants Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how First Merchants Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First Merchants Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Merchants Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China National Building Material Company Limited
F:D1Y
|
0.022x |
|
Foot Locker Inc
NYSE:FL
|
0.002x |
|
Dentsply Sirona Inc
NASDAQ:XRAY
|
0.053x |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
0.041x |
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568
|
0.012x |
|
Universal Microwave Technology
TWO:3491
|
-0.012x |
|
Beam Therapeutics Inc
NASDAQ:BEAM
|
-0.067x |
|
Zhongyuan Bank Co., Ltd.
PINK:ZNNGY
|
N/A |
Annual Cash Flow Conversion Efficiency for First Merchants Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of First Merchants Corporation from 1989 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.47 Billion | $283.65 Million | 0.115x | -0.43% |
| 2024-12-31 | $2.30 Billion | $266.21 Million | 0.115x | +0.29% |
| 2023-12-31 | $2.25 Billion | $258.83 Million | 0.115x | -12.58% |
| 2022-12-31 | $2.03 Billion | $268.05 Million | 0.132x | +21.49% |
| 2021-12-31 | $1.91 Billion | $207.38 Million | 0.108x | -0.70% |
| 2020-12-31 | $1.88 Billion | $204.81 Million | 0.109x | +9.34% |
| 2019-12-31 | $1.79 Billion | $178.41 Million | 0.100x | -21.97% |
| 2018-12-31 | $1.41 Billion | $180.24 Million | 0.128x | +31.87% |
| 2017-12-31 | $1.30 Billion | $126.50 Million | 0.097x | -15.63% |
| 2016-12-31 | $901.66 Million | $103.72 Million | 0.115x | +72.67% |
| 2015-12-31 | $850.51 Million | $56.66 Million | 0.067x | -36.15% |
| 2014-12-31 | $726.83 Million | $75.84 Million | 0.104x | -63.82% |
| 2013-12-31 | $634.92 Million | $183.13 Million | 0.288x | +126.67% |
| 2012-12-31 | $552.24 Million | $70.27 Million | 0.127x | -23.42% |
| 2011-12-31 | $514.47 Million | $85.48 Million | 0.166x | -6.84% |
| 2010-12-31 | $454.41 Million | $81.05 Million | 0.178x | +369.75% |
| 2009-12-31 | $463.79 Million | $17.61 Million | 0.038x | -61.47% |
| 2008-12-31 | $395.90 Million | $39.01 Million | 0.099x | -32.48% |
| 2007-12-31 | $339.94 Million | $49.61 Million | 0.146x | +31.69% |
| 2006-12-31 | $327.32 Million | $36.28 Million | 0.111x | -25.30% |
| 2005-12-31 | $313.40 Million | $46.49 Million | 0.148x | +16.83% |
| 2004-12-31 | $314.60 Million | $39.95 Million | 0.127x | -41.22% |
| 2003-12-31 | $303.96 Million | $65.67 Million | 0.216x | +218.82% |
| 2002-12-31 | $261.13 Million | $17.70 Million | 0.068x | -61.11% |
| 2001-12-31 | $179.13 Million | $31.21 Million | 0.174x | -8.70% |
| 2000-12-31 | $156.06 Million | $29.79 Million | 0.191x | -6.21% |
| 1999-12-31 | $126.30 Million | $25.70 Million | 0.203x | +61.42% |
| 1998-12-31 | $153.90 Million | $19.40 Million | 0.126x | -20.32% |
| 1997-12-31 | $122.00 Million | $19.30 Million | 0.158x | +6.12% |
| 1996-12-31 | $112.70 Million | $16.80 Million | 0.149x | +1.69% |
| 1995-12-31 | $80.50 Million | $11.80 Million | 0.147x | -16.74% |
| 1994-12-31 | $71.00 Million | $12.50 Million | 0.176x | +7.19% |
| 1993-12-31 | $68.80 Million | $11.30 Million | 0.164x | -1.91% |
| 1992-12-31 | $63.90 Million | $10.70 Million | 0.167x | +3.11% |
| 1991-12-31 | $58.50 Million | $9.50 Million | 0.162x | +6.80% |
| 1990-12-31 | $51.30 Million | $7.80 Million | 0.152x | -3.57% |
| 1989-12-31 | $48.20 Million | $7.60 Million | 0.158x | -- |