FIRST MERCHANTS CORP (FRME) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-03-31..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2026-03-31..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-03-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-03-31. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2026-03-31. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | (m) | |
| Stock-based compensation | 7.42M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | (m) | |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | (m) | (m) | $7.42M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-12-31 | (m) | (m) | $7.33M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-09-30 | (m) | (m) | $6.54M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-06-30 | (m) | (m) | $6.23M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-03-31 | (m) | (m) | $6.01M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | (m) | (m) | $5.82M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-09-30 | (m) | (m) | $5.56M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | (m) | $5.48M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-03-31 | (m) | (m) | $5.36M | (m) | $395.04M | (m) | (m) | (m) | Reported |
| 2023-12-31 | (m) | (m) | $5.16M | (m) | $348.49M | (m) | (m) | (m) | Reported |
| 2023-09-30 | (m) | (m) | $5.01M | (m) | $283.58M | (m) | (m) | (m) | Reported |
| 2023-06-30 | (m) | (m) | $4.84M | (m) | $210.87M | (m) | (m) | (m) | Reported |
| 2023-03-31 | (m) | (m) | $4.75M | (m) | $139.82M | (m) | (m) | (m) | Reported |
| 2022-12-31 | (m) | (m) | $4.65M | (m) | $84.80M | (m) | (m) | (m) | Reported |
| 2022-09-30 | (m) | (m) | $4.58M | (m) | $51.50M | (m) | (m) | (m) | Reported |
| 2022-06-30 | (m) | (m) | $4.61M | (m) | $37.30M | (m) | (m) | (m) | Reported |
| 2022-03-31 | (m) | (m) | $4.67M | (m) | $33.82M | (m) | (m) | (m) | Reported |
| 2021-12-31 | (m) | (m) | $4.76M | (m) | $35.95M | (m) | (m) | (m) | Reported |
| 2021-09-30 | (m) | (m) | $4.65M | (m) | $38.15M | (m) | (m) | (m) | Reported |
| 2021-06-30 | (m) | (m) | $4.57M | (m) | $42.62M | (m) | (m) | (m) | Reported |
| 2021-03-31 | (m) | (m) | $4.57M | (m) | $49.84M | (m) | (m) | (m) | Reported |
| 2020-12-31 | (m) | (m) | $4.60M | (m) | $66.38M | (m) | (m) | (m) | Reported |
| 2020-09-30 | (m) | (m) | $4.80M | (m) | $83.70M | (m) | (m) | (m) | Reported |
| 2020-06-30 | (m) | (m) | $4.72M | (m) | $99.60M | (m) | (m) | (m) | Reported |
| 2020-03-31 | (m) | (m) | $4.35M | (m) | $110.73M | (m) | (m) | (m) | Reported |
| 2019-12-31 | (m) | (m) | $4.12M | (m) | $108.75M | (m) | (m) | (m) | Reported |
| 2019-09-30 | (m) | (m) | $3.93M | (m) | $101.28M | (m) | (m) | (m) | Reported |
| 2019-06-30 | (m) | (m) | $3.76M | (m) | $90.39M | (m) | (m) | (m) | Reported |
| 2019-03-31 | (m) | (m) | $3.70M | (m) | $79.33M | (m) | (m) | (m) | Reported |
| 2018-12-31 | (m) | (m) | $3.59M | (m) | $69.09M | (m) | (m) | (m) | Reported |
| 2018-09-30 | (m) | (m) | $3.49M | (m) | $59.90M | (m) | (m) | (m) | Reported |
| 2018-06-30 | (m) | (m) | $3.42M | (m) | $52.01M | (m) | (m) | (m) | Reported |
| 2018-03-31 | (m) | (m) | $3.13M | (m) | $44.08M | (m) | (m) | (m) | Reported |
| 2017-12-31 | (m) | (m) | $2.83M | (m) | $37.61M | (m) | (m) | (m) | Reported |
| 2017-09-30 | (m) | (m) | $2.60M | (m) | $32.66M | (m) | (m) | (m) | Reported |
| 2017-06-30 | (m) | (m) | $2.43M | (m) | $28.93M | (m) | (m) | (m) | Reported |
| 2017-03-31 | (m) | (m) | $2.58M | (m) | $27.30M | (m) | (m) | (m) | Reported |
| 2016-12-31 | (m) | (m) | $2.60M | (m) | $26.84M | (m) | (m) | (m) | Reported |
| 2016-09-30 | (m) | (m) | $2.47M | (m) | $26.65M | (m) | (m) | (m) | Reported |
| 2016-06-30 | (m) | (m) | $2.38M | (m) | $26.17M | (m) | (m) | (m) | Reported |
| 2016-03-31 | (m) | (m) | $2.35M | (m) | $25.60M | (m) | (m) | (m) | Reported |
| 2015-12-31 | (m) | (m) | $2.27M | (m) | $24.79M | (m) | (m) | (m) | Reported |
| 2015-09-30 | (m) | (m) | $2.25M | (m) | $24.25M | (m) | (m) | (m) | Reported |
| 2015-06-30 | (m) | (m) | $2.25M | (m) | $23.46M | (m) | (m) | (m) | Reported |
| 2015-03-31 | (m) | (m) | $2.19M | (m) | $22.69M | (m) | (m) | (m) | Reported |
| 2014-12-31 | (m) | (m) | $2.18M | (m) | $21.84M | (m) | (m) | (m) | Reported |
| 2014-09-30 | (m) | (m) | $2.10M | (m) | $20.52M | (m) | (m) | (m) | Reported |
| 2014-06-30 | (m) | (m) | $2.02M | (m) | $18.81M | (m) | (m) | (m) | Reported |
| 2014-03-31 | (m) | (m) | $1.90M | (m) | $17.41M | (m) | (m) | (m) | Reported |
| 2013-12-31 | (m) | (m) | $1.77M | (m) | $16.57M | (m) | (m) | (m) | Reported |
| 2013-09-30 | (m) | (m) | $1.68M | (m) | $16.70M | (m) | (m) | (m) | Reported |
| 2013-06-30 | (m) | (m) | $1.62M | (m) | $18.43M | (m) | (m) | (m) | Reported |
| 2013-03-31 | (m) | (m) | $1.54M | (m) | $20.54M | (m) | (m) | (m) | Reported |
| 2012-12-31 | (m) | (m) | $1.49M | (m) | $23.61M | (m) | (m) | (m) | Reported |
| 2012-09-30 | (m) | (m) | $1.41M | (m) | $26.81M | (m) | (m) | (m) | Reported |
| 2012-06-30 | (m) | (m) | $1.28M | (m) | $30.60M | (m) | (m) | (m) | Reported |
| 2012-03-31 | (m) | (m) | $1.27M | (m) | $34.35M | (m) | (m) | (m) | Reported |
| 2011-12-31 | (m) | (m) | $1.31M | (m) | $37.89M | (m) | (m) | (m) | Reported |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | (m) | $1.75M | (m) | $56.01M | (m) | (m) | (m) | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | (m) | $2.29M | (m) | $77.09M | (m) | (m) | (m) | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.