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 | — | — | +17.14% |
| Q3 2011 | 2011-09-30 | $10.7M | −$1.2M | −9.73% | +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 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 source filings ↗