First Horizon Corp (FHN) Tax Rate (2010 - 2026)
First Horizon's Tax Rate came in at 19.41% for Q2 2026, down 1.30 percentage points from 20.71% a year earlier and down 2.81 percentage points from the prior quarter.
First Horizon Corp (FHN) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Horizon reported Tax Rate of 21.69%, up 0.96 percentage points year-over-year; for FY2025, it was 22.03%, up 1.04 percentage points from FY2024.
- Tax Rate carries a five-year change of +13.89 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 21.00% in FY2024 (+2.20 pp), 18.79% in FY2023 (-2.52 pp), 21.31% in FY2022 (-0.03 pp) and 21.34% in FY2021 (+13.19 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2024.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +2.77 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 25.23 percentage points), and the weakest in Q4 2023 (a drop of 25.34 percentage points).
- Business Quant data shows FHN's Tax Rate at 22.22% (Q1 2026), 22.45% (Q4 2025) and 22.67% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.41% |
| Mar 31, 2026 | 22.22% |
| Dec 31, 2025 | 22.45% |
| Sep 30, 2025 | 22.67% |
| Jun 30, 2025 | 20.71% |
| Mar 31, 2025 | 22.11% |
| Dec 31, 2024 | 19.05% |
| Sep 30, 2024 | 20.64% |
| Jun 30, 2024 | 21.54% |
| Mar 31, 2024 | 22.44% |
| Sep 30, 2023 | 26.80% |
| Jun 30, 2023 | 22.59% |
| Mar 31, 2023 | 22.96% |
| Dec 31, 2022 | 19.16% |
| Sep 30, 2022 | 22.54% |
| Jun 30, 2022 | 21.33% |
| Mar 31, 2022 | 22.35% |
| Dec 31, 2021 | 18.51% |
| Sep 30, 2021 | 21.14% |
| Jun 30, 2021 | 22.06% |
First Horizon Corp Tax Rate 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=tax-rate&ticker=FHN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();