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. Explore First Merchants Corporation Depository S capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore First Merchants Corporation Depository S asset portfolio for the complete picture of this company's asset base.
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 market value of First Merchants Corporation Depository S.
| 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 | — |