First Merchants Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 46.5% | 27.8% |
| FY2017 | — | 49.2% | 27.6% |
| FY2018 | — | 61.9% | 38.3% |
| FY2019 | — | 68.2% | 37.1% |
| FY2020 | — | 48.0% | 30.2% |
| FY2021 | — | 53.2% | 39.5% |
| FY2022 | — | 54.2% | 35.4% |
| FY2023 | — | 93.4% | 34.4% |
| FY2024 | — | 35.8% | 31.1% |
| FY2025 | — | 39.1% | 34.1% |