First Horizon (FHN) Free Cash Flow (2009 - 2026)
First Horizon (FHN) recorded Free Cash Flow of $566 million in Q2 2026, up 664.9% from $74 million a year earlier and up 109.6% from the prior quarter.
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Analysis
First Horizon (FHN) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, First Horizon's Free Cash Flow came in at $1.02 billion as of Jun 30, 2026, up 4.7% year-over-year; for FY2025, it came in at $595 million, down 51.4% from FY2024.
- Annual Free Cash Flow has declined for three straight years, though with a five-year compound annual growth rate of 39.2% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $1.22 billion in FY2024 (-3.0%), $1.26 billion in FY2023 (-44.2%), $2.26 billion in FY2022 (+228.9%) and $688 million in FY2021 (+503.5%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q1 2024.
- On a year-over-year basis, Free Cash Flow rose in two of the last six quarters, with growth averaging 102.3%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 664.9% in Q2 2026, against a decline of 63.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $270 million (Q1 2026), $389 million (Q4 2025) and -$208 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | -25.28 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 29.04 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | -3.57 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 25.17 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.60 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 6.78 Bn |
| 10 | First Horizon | 10.90 Bn | 3.99 Bn | - | 566.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 566.00 Mn |
| Mar 31, 2026 | 270.00 Mn |
| Dec 31, 2025 | 389.00 Mn |
| Sep 30, 2025 | -208.00 Mn |
| Jun 30, 2025 | 74.00 Mn |
| Mar 31, 2025 | 340.00 Mn |
| Dec 31, 2024 | 174.00 Mn |
| Sep 30, 2024 | 383.00 Mn |
| Jun 30, 2024 | -161.00 Mn |
| Mar 31, 2024 | 828.00 Mn |
| Dec 31, 2023 | 351.00 Mn |
| Sep 30, 2023 | 689.00 Mn |
| Jun 30, 2023 | 296.00 Mn |
| Mar 31, 2023 | -74.00 Mn |
| Dec 31, 2022 | -1.00 Mn |
| Sep 30, 2022 | 765.00 Mn |
| Jun 30, 2022 | 815.00 Mn |
| Mar 31, 2022 | 684.00 Mn |
| Dec 31, 2021 | 166.00 Mn |
| Sep 30, 2021 | -467.00 Mn |
API Access
First Horizon Free Cash Flow 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=free-cash-flow&ticker=FHN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();