Farmers & Merchants Bancorp annual free cash flow
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2025
Farmers & Merchants Bancorp Free Cash Flow (FCF) History (FMCB)
Farmers & Merchants Bancorp reported $96.6M in free cash flow for fiscal 2025, a decrease of 4.66% from the previous fiscal year, with a free cash flow margin of 39.79%.
View full Farmers & Merchants Bancorp company overviewFarmers & Merchants Bancorp free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $96.6M | −$4.7M | −4.66% | +39.79% |
| 2024 | 2024-12-31 | $101.3M | $13.0M | +14.66% | +44.57% |
| 2023 | 2023-12-31 | $88.4M | −$9.2M | −9.44% | +38.37% |
| 2022 | 2022-12-31 | $97.6M | $39.7M | +68.56% | +48.85% |
| 2021 | 2021-12-31 | $57.9M | $7.5M | +14.85% | +31.81% |
| 2020 | 2020-12-31 | $50.4M | −$14.9M | −22.83% | +30.58% |
| 2019 | 2019-12-31 | $65.3M | $12.1M | +22.79% | +41.41% |
| 2018 | 2018-12-31 | $53.2M | $17.5M | +49.05% | +37.80% |
| 2017 | 2017-12-31 | $35.7M | $2.4M | +7.15% | +28.53% |
| 2016 | 2016-12-31 | $33.3M | −$1.3M | −3.74% | +30.19% |
| 2015 | 2015-12-31 | $34.6M | $12.5M | +56.28% | +34.15% |
| 2014 | 2014-12-31 | $22.1M | −$3.4M | −13.46% | +23.80% |
| 2013 | 2013-12-31 | $25.6M | −$5.6M | −17.93% | +28.56% |
| 2012 | 2012-12-31 | $31.2M | $2.5M | +8.63% | +35.65% |
| 2011 | 2011-12-31 | $28.7M | −$104,000 | −0.36% | +33.12% |
| 2010 | 2010-12-31 | $28.8M | $21.2M | +276.52% | +31.32% |
| 2009 | 2009-12-31 | $7.7M | — | — | +8.21% |
Farmers & Merchants Bancorp quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $29.5M | $10.6M | +56.40% | +47.30% |
| Q1 2026 | 2026-03-31 | $31.2M | −$7.7M | −19.80% | +50.24% |
| Q4 2025 | 2025-12-31 | $11.5M | −$752,000 | −6.16% | +18.21% |
| Q3 2025 | 2025-09-30 | $27.4M | −$7.5M | −21.40% | +44.01% |
| Q2 2025 | 2025-06-30 | $18.9M | −$1.0M | −5.10% | +31.77% |
| Q1 2025 | 2025-03-31 | $38.9M | $4.5M | +13.11% | +66.84% |
| Q4 2024 | 2024-12-31 | $12.2M | $13.7M | — | +21.52% |
| Q3 2024 | 2024-09-30 | $34.9M | $8.1M | +30.39% | +59.84% |
| Q2 2024 | 2024-06-30 | $19.9M | −$3.1M | −13.45% | +35.79% |
| Q1 2024 | 2024-03-31 | $34.4M | −$5.8M | −14.36% | +60.53% |
| Q4 2023 | 2023-12-31 | −$1.5M | −$22.7M | — | −2.62% |
| Q3 2023 | 2023-09-30 | $26.7M | $1.2M | +4.72% | +46.88% |
| Q2 2023 | 2023-06-30 | $23.0M | $701,000 | +3.15% | +39.69% |
| Q1 2023 | 2023-03-31 | $40.1M | $11.6M | +40.59% | +67.81% |
| Q4 2022 | 2022-12-31 | $21.2M | $14.4M | +210.76% | +40.08% |
| Q3 2022 | 2022-09-30 | $25.5M | $1.5M | +6.41% | +49.10% |
| Q2 2022 | 2022-06-30 | $22.3M | $24.1M | — | +46.17% |
| Q1 2022 | 2022-03-31 | $28.5M | −$374,000 | −1.29% | +61.36% |
| Q4 2021 | 2021-12-31 | $6.8M | −$9.3M | −57.76% | +15.81% |
| Q3 2021 | 2021-09-30 | $24.0M | $15.3M | +175.48% | +54.61% |
| Q2 2021 | 2021-06-30 | −$1.9M | −$8.4M | — | −4.13% |
| Q1 2021 | 2021-03-31 | $28.9M | $10.0M | +52.54% | +58.04% |
| Q4 2020 | 2020-12-31 | $16.2M | $3.9M | +32.04% | +35.68% |
| Q3 2020 | 2020-09-30 | $8.7M | −$10.2M | −53.99% | +20.63% |
| Q2 2020 | 2020-06-30 | $6.6M | −$9.1M | −58.18% | +16.86% |
| Q1 2020 | 2020-03-31 | $19.0M | $521,000 | +2.83% | +49.43% |
| Q4 2019 | 2019-12-31 | $12.3M | −$50,000 | −0.41% | +30.58% |
| Q3 2019 | 2019-09-30 | $18.9M | $1.5M | +8.61% | +48.24% |
| Q2 2019 | 2019-06-30 | $15.7M | $157,000 | +1.01% | +39.46% |
| Q1 2019 | 2019-03-31 | $18.4M | $10.5M | +132.74% | +47.68% |
| Q4 2018 | 2018-12-31 | $12.3M | −$496,000 | −3.88% | +32.16% |
| Q3 2018 | 2018-09-30 | $17.4M | $1.5M | +9.63% | +48.28% |
| Q2 2018 | 2018-06-30 | $15.5M | $17.4M | — | +47.40% |
| Q1 2018 | 2018-03-31 | $7.9M | −$903,000 | −10.23% | +23.60% |
| Q4 2017 | 2017-12-31 | $12.8M | −$584,000 | −4.36% | +39.67% |
| Q3 2017 | 2017-09-30 | $15.9M | $6.2M | +64.01% | +50.51% |
| Q2 2017 | 2017-06-30 | −$1.8M | −$5.5M | — | −6.11% |
| Q1 2017 | 2017-03-31 | $8.8M | $2.2M | +33.92% | +28.22% |
| Q4 2016 | 2016-12-31 | $13.4M | $58.2M | — | +45.27% |
| Q3 2016 | 2016-09-30 | $9.7M | −$55.9M | −85.22% | +33.78% |
| Q2 2016 | 2016-06-30 | $3.6M | −$3.8M | −51.00% | +13.87% |
| Q1 2016 | 2016-03-31 | $6.6M | $178,000 | +2.78% | +25.52% |
| Q4 2015 | 2015-12-31 | −$44.9M | −$55.3M | — | −169.09% |
| Q3 2015 | 2015-09-30 | $65.6M | $60.4M | +1161.51% | +253.44% |
| Q2 2015 | 2015-06-30 | $7.4M | $22.4M | — | +31.28% |
| Q1 2015 | 2015-03-31 | $6.4M | −$15.1M | −70.17% | +25.48% |
| Q4 2014 | 2014-12-31 | $10.4M | $2.5M | +31.16% | +40.15% |
| Q3 2014 | 2014-09-30 | $5.2M | −$2.2M | −29.74% | +22.79% |
| Q2 2014 | 2014-06-30 | −$15.0M | −$24.8M | — | −65.92% |
| Q1 2014 | 2014-03-31 | $21.5M | $21.0M | +4532.76% | +99.85% |
| Q4 2013 | 2013-12-31 | $7.9M | $425,000 | +5.65% | +34.47% |
| Q3 2013 | 2013-09-30 | $7.4M | −$1.5M | −17.07% | +33.13% |
| Q2 2013 | 2013-06-30 | $9.8M | $11.7M | — | +46.11% |
| Q1 2013 | 2013-03-31 | $464,000 | −$16.2M | −97.22% | +2.02% |
| Q4 2012 | 2012-12-31 | $7.5M | $3.6M | +92.58% | +34.71% |
| Q3 2012 | 2012-09-30 | $8.9M | −$1.8M | −16.58% | +39.64% |
| Q2 2012 | 2012-06-30 | −$1.9M | −$3.6M | — | −9.21% |
| Q1 2012 | 2012-03-31 | $16.7M | $4.3M | +34.42% | +75.07% |
| Q4 2011 | 2011-12-31 | $3.9M | −$7.9M | −67.05% | +17.14% |
| Q3 2011 | 2011-09-30 | $10.7M | — | — | +51.79% |
| Q2 2011 | 2011-06-30 | $1.7M | — | — | +7.88% |
| Q1 2011 | 2011-03-31 | $12.4M | — | — | +57.14% |
| Q3 2010 | 2010-09-30 | $11.9M | — | — | +51.81% |
Farmers & Merchants Bancorp free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $50.4M to $96.6M, a compound annual growth rate of 13.90%. Farmers & Merchants Bancorp's latest reported quarter, Q2 2026, generated $29.5M in free cash flow, an increase of 56.40% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Farmers & Merchants Bancorp filings at SEC.gov ↗