KPIs & Operating Metrics(New)

First Horizon (FHN) FCF Margin (2009 - 2026)

First Horizon recorded quarterly FCF Margin of 31.32% in Q1 2026, down 28.5% quarter-over-quarter from 43.81% in Q4 2025, and down 1055.0% year-over-year from 3.28% in Q1 2025.

First Horizon's FCF Margin history runs 18 years deep, the most recent figure standing at 31.32% for Q1 2026.

  • In Q1 2026, FCF Margin fell 1055.0% year-over-year to 31.32%; the TTM figure through Mar 2026 stood at 15.21% (down 809.0% YoY), while the FY2025 annual figure was 17.4%, down 2097.0% from the prior year.
  • FCF Margin came in at 31.32% for Q1 2026 at First Horizon, down from 43.81% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 109.69% in Q2 2022 to a low of 23.4% in Q3 2025.
  • A 5-year average of 38.93% and a median of 31.32% in 2026 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin surged 15062 bps in 2022 and plunged 10522 bps in 2023, its largest moves.
  • First Horizon's FCF Margin stood at 0.11% in 2022, then soared by 38846 bps to 43.93% in 2023, then plunged by 46 bps to 23.9% in 2024, then jumped by 83 bps to 43.81% in 2025, then fell by 28 bps to 31.32% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 31.32%, 43.81%, and 23.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 339.84%
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 35.69%
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 31.27%
10 First Horizon 11.64 Bn 4.72 Bn - 31.32%

Historic Data

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DateValue
Mar 31, 2026 31.32%
Dec 31, 2025 43.81%
Sep 30, 2025 -23.40%
Jun 30, 2025 4.01%
Mar 31, 2025 41.87%
Dec 31, 2024 23.90%
Sep 30, 2024 12.80%
Jun 30, 2024 -19.75%
Mar 31, 2024 101.10%
Dec 31, 2023 43.93%
Sep 30, 2023 88.56%
Jun 30, 2023 28.74%
Mar 31, 2023 -8.61%
Dec 31, 2022 -0.11%
Sep 30, 2022 87.43%
Jun 30, 2022 109.69%
Mar 31, 2022 96.61%
Dec 31, 2021 22.28%
Sep 30, 2021 -63.19%
Jun 30, 2021 -8.31%
Mar 31, 2021 130.77%
Dec 31, 2020 52.10%
Sep 30, 2020 15.94%
Jun 30, 2020 220.11%
Mar 31, 2020 -423.38%
Dec 31, 2019 19.23%
Sep 30, 2019 77.17%
Jun 30, 2019 48.89%
Mar 31, 2019 27.08%
Dec 31, 2018 85.98%
Sep 30, 2018 -27.98%
Jun 30, 2018 55.02%
Mar 31, 2018 -50.75%
Dec 31, 2017 69.79%
Sep 30, 2017 38.78%
Jun 30, 2017 -116.79%
Mar 31, 2017 -26.26%
Dec 31, 2016 131.73%
Sep 30, 2016 -76.78%
Jun 30, 2016 23.03%
Mar 31, 2016 -40.75%
Dec 31, 2015 46.92%
Sep 30, 2015 32.10%
Jun 30, 2015 83.74%
Mar 31, 2015 -53.86%
Dec 31, 2014 38.36%
Sep 30, 2014 62.18%
Jun 30, 2014 13.06%
Mar 31, 2014 117.58%
Dec 31, 2013 111.39%
Sep 30, 2013 7.68%
Jun 30, 2013 8.91%
Mar 31, 2013 15.40%
Dec 31, 2012 83.46%
Sep 30, 2012 141.98%
Jun 30, 2012 -50.33%
Mar 31, 2012 -44.96%
Dec 31, 2011 21.50%
Sep 30, 2011 70.17%
Jun 30, 2011 -25.32%
Mar 31, 2011 -63.02%
Dec 31, 2010 179.33%
Sep 30, 2010 168.50%
Jun 30, 2010 -112.67%
Mar 31, 2010 -39.50%
Dec 31, 2009 39.44%
Sep 30, 2009 104.86%
Jun 30, 2009 162.68%
Mar 31, 2009 -14.15%