KPIs & Operating Metrics(New)

First Horizon (FHN) Tax Rate (2016 - 2020)

First Horizon (FHN) has disclosed Tax Rate for 12 consecutive years, with 18.6% as the latest value for Q4 2020.

  • Quarterly Tax Rate fell 467.0% to 18.6% in Q4 2020 from the year-ago period, while the trailing twelve-month figure was 8.15% through Dec 2020, down 1472.0% year-over-year, with the annual reading at 22.03% for FY2025, 104.0% up from the prior year.
  • Tax Rate hit 18.6% in Q4 2020 for First Horizon, up from 0.37% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 288.93% in Q4 2017 to a low of 0.37% in Q3 2020.
  • Historically, Tax Rate has averaged 35.65% across 5 years, with a median of 23.34% in 2018.
  • Biggest five-year swings in Tax Rate: soared 25955bps in 2017 and later tumbled -27015bps in 2018.
  • Year by year, Tax Rate stood at 29.37% in 2016, then surged by 884bps to 288.93% in 2017, then plummeted by -94bps to 18.78% in 2018, then increased by 24bps to 23.28% in 2019, then fell by -20bps to 18.6% in 2020.
  • Business Quant data shows Tax Rate for FHN at 18.6% in Q4 2020, 0.37% in Q3 2020, and 18.57% in Q2 2020.