First Merchants Corporation
FRME
$34.13
Share price
-0.96%
Change (1 day)
18.34%
Change (1 year)
Categories
Operating Margin for First Merchants Corporation (FRME)
Operating Margin as of April 2024 (TTM): 41.13%
According to First Merchants Corporation 's latest financial reports and stock price the company's current Operating Margin is 41.13%. At the end of 2022 the company had an Operating Margin of 40.70%.
Operating Margin history for First Merchants Corporation from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 40.70% | -12.1% |
| 2021 | 46.31% | 34.05% |
| 2020 | 34.54% | -20.97% |
| 2019 | 43.71% | -3.51% |
| 2018 | 45.30% | 18.1% |
| 2017 | 38.36% | 2.96% |
| 2016 | 37.25% | 6.66% |
| 2015 | 34.93% | 8.23% |
| 2014 | 32.27% | 13.96% |
| 2013 | 28.32% | 0.59% |
| 2012 | 28.15% | 60.14% |
| 2011 | 17.58% | 925.74% |
| 2010 | 1.71% | -105.23% |
| 2009 | -32.75% | -288.99% |
| 2008 | 17.33% | -38.05% |
| 2007 | 27.97% | -4.52% |
| 2006 | 29.30% | -1.86% |
| 2005 | 29.85% | -1.93% |
| 2004 | 30.44% | 10.54% |
| 2003 | 27.54% | -20.98% |
| 2002 | 34.85% | -15.36% |
| 2001 | 41.17% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 43.10% | 4.79% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 52.57% | 27.81% | 🇺🇸 USA |
 German American Bancorp GABC | 44.01% | 7.00% | 🇺🇸 USA |
 First Financial THFF | 37.67% | -8.41% | 🇺🇸 USA |
 1st Source
SRCE | 44.40% | 7.95% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 41.85% | 1.75% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.