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

First Horizon's (FHN) quarterly FCF Margin came in at 31.32% in Q1 2026, down 1055.0% year-on-year from 3.28% in Q1 2025, and down 28.5% quarter-over-quarter from 43.81% in Q4 2025.

First Horizon (FHN) FCF Margin (2009 - 2026) Analysis & Trends

First Horizon has disclosed FCF Margin across 18 years of filings, most recently posting 31.32% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 31.32%, down 1055.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 60.9% (up 3780.0% YoY), and the FY2025 annual result 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 19.75% in Q2 2024.
  • The 5-year median for FCF Margin is 41.87% (2025), against an average of 42.16%.
  • Across the five-year window, FCF Margin jumped 15062 bps in 2022 and sank 10522 bps in 2023, its largest moves.
  • First Horizon's FCF Margin stood at 0.11% in 2022, then surged by 38846 bps to 43.93% in 2023, then sank by 46 bps to 23.9% in 2024, then soared by 83 bps to 43.81% in 2025, then declined by 28 bps to 31.32% in 2026.
  • The last three FCF Margin figures came in at 31.32% (Q1 2026), 43.81% (Q4 2025), and 7.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 339.84%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 35.69%
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - 136,088.77%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 First Horizon 12.08 Bn 5.16 Bn - 31.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 31.32%
Dec 31, 2025 43.81%
Sep 30, 2025 -7.06%
Jun 30, 2025 8.92%
Mar 31, 2025 41.87%
Dec 31, 2024 23.90%
Sep 30, 2024 46.31%
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%