First Horizon (FHN) Interest Coverage Ratio (2009 - 2026)
First Horizon's Interest Coverage Ratio was 1.49 in Q2 2026, up 7.1% from 1.39 a year earlier but down 25.9% from the prior quarter.
First Horizon (FHN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Horizon's Interest Coverage Ratio was 5.73 through Jun 30, 2026, up 10.0% year-over-year; for FY2025, it was 1.82, up 17.6% from FY2024.
- In earlier years, Interest Coverage Ratio was 1.55 in FY2024 (-10.3%), 1.72 in FY2023 (-65.4%), 4.98 in FY2022 (-43.6%) and 8.83 in FY2021 (+78.2%).
- Quarterly Interest Coverage Ratio has moved between 1.20 (Q3 2024) and 9.26 (Q4 2021) over five years.
- Compared with a year earlier, Interest Coverage Ratio has increased for seven straight quarters, with growth averaging 9.0% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2021 (growth of 38.7%); the worst was Q4 2022 (a decline of 76.8%).
- Per Business Quant data, FHN's Interest Coverage Ratio in the three quarters before Q2 2026 was 2.01 (Q1 2026), 1.91 (Q4 2025) and 1.29 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 2.10 |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -2.12 |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.65 |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.56 |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.43 |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 0.56 |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.47 |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.73 |
| 10 | First Horizon | 10.90 Bn | 3.99 Bn | - | 1.49 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.49 |
| Mar 31, 2026 | 2.01 |
| Dec 31, 2025 | 1.91 |
| Sep 30, 2025 | 1.29 |
| Jun 30, 2025 | 1.39 |
| Mar 31, 2025 | 1.74 |
| Dec 31, 2024 | 1.48 |
| Sep 30, 2024 | 1.20 |
| Jun 30, 2024 | 1.29 |
| Mar 31, 2024 | 1.57 |
| Dec 31, 2023 | 1.38 |
| Sep 30, 2023 | 1.41 |
| Jun 30, 2023 | 2.10 |
| Mar 31, 2023 | 2.43 |
| Dec 31, 2022 | 2.15 |
| Sep 30, 2022 | 5.87 |
| Jun 30, 2022 | 6.49 |
| Mar 31, 2022 | 9.23 |
| Dec 31, 2021 | 9.26 |
| Sep 30, 2021 | 8.27 |
First Horizon Interest Coverage Ratio 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=interest-coverage-ratio&ticker=FHN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();