First Merchants Corporation (FRME)

First Merchants Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Year Ending	Current	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	2,268	2,219	2,449	2,259	2,030	2,316
Market Cap Growth	5.38%	-9.37%	8.41%	11.27%	-12.37%	36.12%
Enterprise Value	2,619	2,699	3,514	2,252	2,130	2,754
PE Ratio	11.19	10.00	11.10	10.99	13.66	14.09
PS Ratio	3.60	3.43	4.01	4.34	4.68	5.26
PB Ratio	1.02	0.99	1.20	1.18	1.08	1.30
P/FCF Ratio	9.46	8.57	8.61	10.49	9.96	13.11
P/OCF Ratio	9.46	8.57	8.61	10.49	9.96	13.11
EV/Sales Ratio	4.16	4.17	5.75	4.33	4.91	6.25
EV/EBITDA Ratio	10.45	9.96	13.14	8.95	11.77	13.55
EV/EBIT Ratio	10.98	10.41	13.74	9.35	12.53	14.21
EV/FCF Ratio	10.92	10.43	12.36	10.46	10.45	15.58
Debt / Equity Ratio	0.39	0.46	0.65	0.33	0.37	0.41
Debt / EBITDA Ratio	3.44	3.80	4.91	2.52	3.78	3.61
Debt / FCF Ratio	3.59	3.97	4.62	2.95	3.36	4.15
Asset Turnover	0.04	0.04	0.04	0.04	0.03	0.04
Return on Equity (ROE)	9.40%	10.30%	11.40%	11.00%	8.10%	10.10%
Return on Assets (ROA)	1.10%	1.20%	1.30%	1.40%	1.10%	1.40%
Return on Capital (ROIC)	6.73%	6.83%	6.63%	8.07%	5.80%	6.53%
Earnings Yield	9.07%	10.00%	9.01%	9.10%	7.32%	7.10%
FCF Yield	10.57%	11.66%	11.61%	9.53%	10.04%	7.63%
Dividend Yield	3.62%	3.60%	3.00%	2.70%	2.80%	3.00%
Payout Ratio	40.46%	35.80%	32.60%	29.60%	37.80%	39.40%
Buyback Yield / Dilution	0.28%	-0.48%	-10.47%	0.63%	2.58%	-12.16%
Total Shareholder Return	3.90%	3.12%	-7.47%	3.33%	5.38%	-9.16%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).