First Horizon (FHN) EBITDA Margin (2009 - 2026)
First Horizon (FHN) reported EBITDA Margin of 67.65% for Q2 2026, down 8.94 percentage points from 76.59% a year earlier and down 13.67 percentage points from the prior quarter.
First Horizon (FHN) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Horizon's EBITDA Margin came in at 260.45%, down 26.55 percentage points year-over-year; for FY2025, it came in at 85.93%, down 6.39 percentage points from FY2024.
- EBITDA Margin has a five-year change of +45.95 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 92.32% in FY2024 (+11.85 pp), 80.47% in FY2023 (+31.83 pp), 48.64% in FY2022 (-2.33 pp) and 50.98% in FY2021 (+11.00 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBITDA Margin since Q3 2022.
- Year over year, EBITDA Margin has now declined in each of the last six quarters, with an average year-over-year change of -5.10 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q2 2023 (a gain of 41.60 percentage points); the low point was Q2 2022 (a drop of 12.86 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 81.32% (Q1 2026), 83.45% (Q4 2025) and 72.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 95.81% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 95.10% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 101.52% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 142.03% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 133.57% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 92.35% |
| 10 | First Horizon | 10.90 Bn | 3.99 Bn | - | 67.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.65% |
| Mar 31, 2026 | 81.32% |
| Dec 31, 2025 | 83.45% |
| Sep 30, 2025 | 72.00% |
| Jun 30, 2025 | 76.59% |
| Mar 31, 2025 | 85.22% |
| Dec 31, 2024 | 92.45% |
| Sep 30, 2024 | 82.12% |
| Jun 30, 2024 | 83.11% |
| Mar 31, 2024 | 88.77% |
| Dec 31, 2023 | 84.11% |
| Sep 30, 2023 | 89.20% |
| Jun 30, 2023 | 81.17% |
| Mar 31, 2023 | 68.57% |
| Dec 31, 2022 | 88.21% |
| Sep 30, 2022 | 50.86% |
| Jun 30, 2022 | 39.57% |
| Mar 31, 2022 | 44.35% |
| Dec 31, 2021 | 59.06% |
| Sep 30, 2021 | 45.33% |
First Horizon EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FHN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "FHN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();