Company / Free Cash Flow
Merchants Bancorp Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$362.2M
FY2025
5-year range
-$853.7M / $969.0M
FY2021-FY2025
Trend
+57.6%
vs FY2024
Sector context
#277 of 296
Financials
What the data says
Among 296 Financials companies, Merchants Bancorp is in the bottom 6% for free cash flow. Free Cash Flow returned to growth in FY2025 after 2 years of decline, reaching -$362M.
Based on SEC 10-K filings.
-$362M in FY2025.
Remained stable around -$362M over the past 2 years.
Financials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in FinancialsTop 94% of 296This company -$362.2M Sector average $616.2M
▼
-158.8% below sector average
Key checks
Key Insights
- In FY2025, free cash flow increased 57.6% year-over-year.
- Ranks #277 out of 296 companies in the Financials sector.
- Peak free cash flow was recorded in FY2022.
- Lowest free cash flow in the period was in FY2019.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$362.2M | +57.6% |
| FY2024 | -$853.7M | -134.6% |
| FY2023 | -$363.9M | -137.6% |
| FY2022 | $969.0M | +1933.1% |
| FY2021 | -$52.9M | +94.0% |
| FY2020 | -$878.5M | +30.9% |
| FY2019 | -$1.3B | -751.3% |
| FY2018 | $195.1M | +210.5% |
| FY2017 | -$176.7M | -17.0% |
| FY2016 | -$151.0M | -227.9% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026