First Merchants Corporation Depository Shares (FRMEP) — Financial Flexibility Index
First Merchants Corporation Depository Shares (FRMEP) has a Financial Flexibility Index of 0.00x as of June 2026. Free cash flow of $88.04 Million (operating CF $88.04 Million minus capex $0.00) represents 0% of total liabilities ($18.65 Billion). Check FRMEP capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Merchants Corporation Depository Shares Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for First Merchants Corporation Depository Shares across 37 annual periods. For the full cash flow conversion analysis, see First Merchants Corporation Depository S (FRMEP) cash flow conversion.
Annual Financial Flexibility Index for First Merchants Corporation Depository Shares (1989–2025)
Year-by-year free cash flow to debt coverage for First Merchants Corporation Depository Shares. Explore how well can First Merchants Corporation Depository S service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.02x | $283.65 Million | $283.65 Million | $16.56 Billion | ▲ +3.0% |
| 2024 | 0.02x | $266.21 Million | $266.21 Million | $16.01 Billion | ▲ +3.8% |
| 2023 | 0.02x | $258.83 Million | $258.83 Million | $16.16 Billion | ▼ -5.0% |
| 2022 | 0.02x | $268.05 Million | $268.05 Million | $15.90 Billion | ▼ -16.0% |
| 2021 | 0.02x | $271.65 Million | $207.38 Million | $13.54 Billion | ▲ +19.4% |
| 2020 | 0.02x | $204.81 Million | $204.81 Million | $12.19 Billion | ▼ -63.5% |
| 2019 | 0.05x | $490.84 Million | $178.41 Million | $10.67 Billion | ▲ +116.3% |
| 2018 | 0.02x | $180.24 Million | $180.24 Million | $8.48 Billion | ▼ -69.3% |
| 2017 | 0.07x | $558.57 Million | $126.50 Million | $8.06 Billion | ▲ +321.4% |
| 2016 | 0.02x | $103.72 Million | $103.72 Million | $6.31 Billion | ▼ -74.6% |
| 2015 | 0.06x | $382.03 Million | $56.66 Million | $5.91 Billion | ▲ +48.5% |
| 2014 | 0.04x | $221.87 Million | $75.84 Million | $5.10 Billion | ▼ -11.8% |
| 2013 | 0.05x | $237.02 Million | $183.13 Million | $4.80 Billion | ▲ +3.5% |
| 2012 | 0.05x | $178.90 Million | $70.27 Million | $3.75 Billion | ▲ +104.0% |
| 2011 | 0.02x | $85.48 Million | $85.48 Million | $3.66 Billion | ▲ +7.1% |
| 2010 | 0.02x | $81.05 Million | $81.05 Million | $3.72 Billion | ▲ +397.5% |
| 2009 | 0.00x | $17.61 Million | $17.61 Million | $4.02 Billion | ▼ -50.7% |
| 2008 | 0.01x | $39.01 Million | $39.01 Million | $4.39 Billion | ▼ -38.3% |
| 2007 | 0.01x | $49.61 Million | $49.61 Million | $3.44 Billion | ▲ +28.2% |
| 2006 | 0.01x | $36.28 Million | $36.28 Million | $3.23 Billion | ▼ -29.3% |
| 2005 | 0.02x | $46.49 Million | $46.49 Million | $2.92 Billion | ▲ +14.5% |
| 2004 | 0.01x | $39.95 Million | $39.95 Million | $2.88 Billion | ▼ -41.4% |
| 2003 | 0.02x | $65.67 Million | $65.67 Million | $2.77 Billion | ▲ +153.9% |
| 2002 | 0.01x | $22.55 Million | $17.70 Million | $2.42 Billion | ▼ -55.4% |
| 2001 | 0.02x | $33.65 Million | $31.21 Million | $1.61 Billion | ▼ -10.3% |
| 2000 | 0.02x | $34.19 Million | $29.79 Million | $1.47 Billion | ▲ +7.0% |
| 1999 | 0.02x | $29.40 Million | $25.70 Million | $1.35 Billion | ▲ +7.2% |
| 1998 | 0.02x | $24.60 Million | $19.40 Million | $1.21 Billion | ▼ -16.5% |
| 1997 | 0.02x | $21.90 Million | $19.30 Million | $898.10 Million | ▲ +10.4% |
| 1996 | 0.02x | $18.90 Million | $16.80 Million | $855.30 Million | ▼ -0.3% |
| 1995 | 0.02x | $13.90 Million | $11.80 Million | $627.40 Million | ▼ -7.2% |
| 1994 | 0.02x | $13.70 Million | $12.50 Million | $573.60 Million | ▼ -4.2% |
| 1993 | 0.02x | $13.90 Million | $11.30 Million | $557.30 Million | ▲ +14.0% |
| 1992 | 0.02x | $12.10 Million | $10.70 Million | $553.00 Million | ▲ +11.1% |
| 1991 | 0.02x | $10.60 Million | $9.50 Million | $538.10 Million | ▲ +16.2% |
| 1990 | 0.02x | $8.30 Million | $7.80 Million | $489.80 Million | ▼ -3.1% |
| 1989 | 0.02x | $8.30 Million | $7.60 Million | $474.60 Million | — |