Farmers & Merchants Bancorp Inc (FMAO) — Cash Flow Quality Index
Farmers & Merchants Bancorp Inc (FMAO) has a Cash Flow Quality Index of 1.26x as of September 2025. Operating cash flow of $11.20 Million exceeds net income of $8.85 Million, indicating high earnings quality where cash backs reported profits. Explore FMAO long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Farmers & Merchants Bancorp Inc Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for Farmers & Merchants Bancorp Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Farmers & Merchants Bancorp Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Farmers & Merchants Bancorp Inc (1998–2024)
Year-by-year earnings quality comparison for Farmers & Merchants Bancorp Inc. For live market cap and the full company financial profile, see how much is Farmers & Merchants Bancorp Inc worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.25x | $32.47 Million | $25.94 Million | ▲ +28.8% |
| 2023 | 0.97x | $22.15 Million | $22.79 Million | ▼ -22.3% |
| 2022 | 1.25x | $40.67 Million | $32.52 Million | ▼ -15.4% |
| 2021 | 1.48x | $34.74 Million | $23.50 Million | ▲ +8.5% |
| 2020 | 1.36x | $27.38 Million | $20.09 Million | ▲ +4.8% |
| 2019 | 1.30x | $23.93 Million | $18.40 Million | ▲ +81.1% |
| 2018 | 0.72x | $10.74 Million | $14.95 Million | ▼ -48.2% |
| 2017 | 1.39x | $17.65 Million | $12.72 Million | ▲ +30.2% |
| 2016 | 1.07x | $12.43 Million | $11.66 Million | ▼ -25.6% |
| 2015 | 1.43x | $14.81 Million | $10.34 Million | ▼ -27.9% |
| 2014 | 1.99x | $19.16 Million | $9.65 Million | ▲ +5.3% |
| 2013 | 1.89x | $16.99 Million | $9.01 Million | ▲ +29.9% |
| 2012 | 1.45x | $14.21 Million | $9.79 Million | ▼ -18.7% |
| 2011 | 1.79x | $15.20 Million | $8.51 Million | ▲ +9.0% |
| 2010 | 1.64x | $11.44 Million | $6.98 Million | ▲ +87.1% |
| 2009 | 0.88x | $5.78 Million | $6.61 Million | ▼ -32.1% |
| 2008 | 1.29x | $8.67 Million | $6.72 Million | ▲ +16.7% |
| 2007 | 1.10x | $8.54 Million | $7.73 Million | ▼ -32.8% |
| 2006 | 1.64x | $13.38 Million | $8.14 Million | ▲ +53.0% |
| 2005 | 1.08x | $9.22 Million | $8.58 Million | ▼ -39.8% |
| 2004 | 1.79x | $14.69 Million | $8.23 Million | ▼ -30.1% |
| 2003 | 2.55x | $19.48 Million | $7.63 Million | ▲ +335.6% |
| 2002 | 0.59x | $7.87 Million | $13.42 Million | ▲ +315.1% |
| 2001 | -0.27x | $-3.36 Million | $12.32 Million | ▼ -134.6% |
| 2000 | 0.79x | $8.69 Million | $11.02 Million | ▼ -65.5% |
| 1999 | 2.29x | $21.10 Million | $9.22 Million | ▲ +49.5% |
| 1998 | 1.53x | $12.35 Million | $8.06 Million | — |