First Merchants Corporation Depository Shares (FRMEP) — Cash Flow Reinvestment Rate
First Merchants Corporation Depository Shares (FRMEP) has a Cash Flow Reinvestment Rate of 4.80x as of March 2026, reinvesting $281.11 Million (capex $0.00 plus investments $281.11 Million) from operating cash flow of $58.59 Million. Check First Merchants Corporation Depository S cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Merchants Corporation Depository Shares Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for First Merchants Corporation Depository Shares across 37 annual periods. Explore FRMEP strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for First Merchants Corporation Depository Shares (1989–2025)
Year-by-year capital reinvestment analysis for First Merchants Corporation Depository Shares. For live market cap and broader valuation context, see how much is First Merchants Corporation Depository S worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | $97.11 Million | $283.65 Million | $0.00 | ▼ -63.9% |
| 2024 | 0.95x | $252.42 Million | $266.21 Million | $0.00 | ▼ -10.9% |
| 2023 | 1.06x | $275.59 Million | $258.83 Million | $0.00 | ▼ -36.1% |
| 2022 | 1.67x | $446.44 Million | $268.05 Million | $0.00 | ▼ -77.7% |
| 2021 | 7.46x | $1.55 Billion | $207.38 Million | $64.27 Million | ▲ +101.2% |
| 2020 | 3.71x | $759.02 Million | $204.81 Million | $0.00 | ▼ -18.5% |
| 2019 | 4.55x | $810.99 Million | $178.41 Million | $312.44 Million | ▲ +686.6% |
| 2018 | 0.58x | $104.16 Million | $180.24 Million | $0.00 | ▼ -83.1% |
| 2017 | 3.42x | $432.06 Million | $126.50 Million | $432.06 Million | — |
| 2016 | 0.00x | $0.00 | $103.72 Million | $0.00 | ▼ -100.0% |
| 2015 | 5.74x | $325.37 Million | $56.66 Million | $325.37 Million | ▲ +198.2% |
| 2014 | 1.93x | $146.03 Million | $75.84 Million | $146.03 Million | ▲ +554.3% |
| 2013 | 0.29x | $53.89 Million | $183.13 Million | $53.89 Million | ▼ -81.0% |
| 2012 | 1.55x | $108.63 Million | $70.27 Million | $108.63 Million | — |
| 2011 | 0.00x | $0.00 | $85.48 Million | $0.00 | — |
| 2010 | 0.00x | $0.00 | $81.05 Million | $0.00 | — |
| 2009 | 0.00x | $0.00 | $17.61 Million | $0.00 | — |
| 2008 | 0.00x | $0.00 | $39.01 Million | $0.00 | — |
| 2007 | 0.00x | $0.00 | $49.61 Million | $0.00 | — |
| 2006 | 0.00x | $0.00 | $36.28 Million | $0.00 | — |
| 2005 | 0.00x | $0.00 | $46.49 Million | $0.00 | — |
| 2004 | 0.00x | $0.00 | $39.95 Million | $0.00 | — |
| 2003 | 0.00x | $0.00 | $65.67 Million | $0.00 | ▼ -100.0% |
| 2002 | 0.27x | $4.85 Million | $17.70 Million | $4.85 Million | ▲ +251.2% |
| 2001 | 0.08x | $2.44 Million | $31.21 Million | $2.44 Million | ▼ -47.2% |
| 2000 | 0.15x | $4.41 Million | $29.79 Million | $4.41 Million | ▲ +2.8% |
| 1999 | 0.14x | $3.70 Million | $25.70 Million | $3.70 Million | ▼ -46.3% |
| 1998 | 0.27x | $5.20 Million | $19.40 Million | $5.20 Million | ▲ +99.0% |
| 1997 | 0.13x | $2.60 Million | $19.30 Million | $2.60 Million | ▲ +7.8% |
| 1996 | 0.13x | $2.10 Million | $16.80 Million | $2.10 Million | ▼ -29.8% |
| 1995 | 0.18x | $2.10 Million | $11.80 Million | $2.10 Million | ▲ +85.4% |
| 1994 | 0.10x | $1.20 Million | $12.50 Million | $1.20 Million | ▼ -58.3% |
| 1993 | 0.23x | $2.60 Million | $11.30 Million | $2.60 Million | ▲ +75.9% |
| 1992 | 0.13x | $1.40 Million | $10.70 Million | $1.40 Million | ▲ +13.0% |
| 1991 | 0.12x | $1.10 Million | $9.50 Million | $1.10 Million | ▲ +80.6% |
| 1990 | 0.06x | $500.00K | $7.80 Million | $500.00K | ▼ -30.4% |
| 1989 | 0.09x | $700.00K | $7.60 Million | $700.00K | — |