Company / Operating Cash Flow
Merchants Bancorp Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
-$341.2M
FY2025
5-year range
-$835.3M / $975.8M
FY2021-FY2025
Trend
+59.1%
vs FY2024
Sector context
#384 of 405
Financials
What the data says
Among 405 Financials companies, Merchants Bancorp is in the bottom 5% for operating cash flow. Operating Cash Flow returned to growth in FY2025 after 2 years of decline, reaching -$341M.
Based on SEC 10-K filings.
-$341M in FY2025.
Improved from -$356M to -$341M over the past 2 years.
Financials sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in FinancialsTop 95% of 405This company -$341.2M Sector average $611.8M
▼
-155.8% below sector average
Key checks
Key Insights
- In FY2025, operating cash flow increased 59.1% year-over-year.
- Ranks #384 out of 405 companies in the Financials sector.
- Peak operating cash flow was recorded in FY2022.
- Lowest operating 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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$341.2M | +59.1% |
| FY2024 | -$835.3M | -134.4% |
| FY2023 | -$356.4M | -136.5% |
| FY2022 | $975.8M | +2082.6% |
| FY2021 | -$49.2M | +94.4% |
| FY2020 | -$874.9M | +30.4% |
| FY2019 | -$1.3B | -715.2% |
| FY2018 | $204.3M | +216.2% |
| FY2017 | -$175.9M | -17.4% |
| FY2016 | -$149.8M | -226.6% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026