First Merchants Corporation (FRME) - Cash Flow Conversion Efficiency
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. See debt-free asset ratio of First Merchants Corporation to measure how much of total assets are equity-financed.
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. Check First Merchants Corporation (FRME) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TP ICAP GROUP PLC LS -25
F:8D7
|
N/A |
|
CLARIANT ADR 1/SF 4
F:CLRS
|
N/A |
|
Ansell Limited
F:PD1A
|
0.031x |
|
TGS NOPEC Geophysical Company ASA
OL:TGS
|
0.129x |
|
Digi International Inc
NASDAQ:DGII
|
0.063x |
|
Home Product Center Public Company Limited
BK:HMPRO
|
0.023x |
|
ZIM Integrated Shipping Services Ltd.
F:2SV
|
0.093x |
|
Beam Therapeutics Inc
NASDAQ:BEAM
|
-0.110x |
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. For the full company profile with market capitalisation and key ratios, see First Merchants Corporation (FRME) market capitalisation.
| 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 | -- |
About 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