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First Horizon (FHN) Tax Rate: 2009-2020

Historic Tax Rate for First Horizon (FHN) over the last 10 years, with Dec 2020 value amounting to 18.60%.

  • First Horizon's Tax Rate fell 467.00% to 18.60% in Q4 2020 from the same period last year, while for Dec 2020 it was 8.15%, marking a year-over-year decrease of 1472.00%. This contributed to the annual value of 21.00% for FY2024, which is 220.00% up from last year.
  • Latest data reveals that First Horizon reported Tax Rate of 18.60% as of Q4 2020, which was up 4,932.56% from 0.37% recorded in Q3 2020.
  • First Horizon's Tax Rate's 5-year high stood at 33.00% during Q2 2016, with a 5-year trough of 0.37% in Q3 2020.
  • In the last 3 years, First Horizon's Tax Rate had a median value of 23.26% in 2019 and averaged 19.87%.
  • Per our database at Business Quant, First Horizon's Tax Rate surged by 2,436bps in 2016 and then plummeted by 2,354bps in 2020.
  • Quarterly analysis of 5 years shows First Horizon's Tax Rate stood at 29.37% in 2016, then slumped by 1,375bps to 15.93% in 2017, then spiked by 747bps to 23.40% in 2018, then skyrocketed by 50bps to 23.28% in 2019, then tumbled by 467bps to 18.60% in 2020.
  • Its Tax Rate stands at 18.60% for Q4 2020, versus 0.37% for Q3 2020 and 18.57% for Q2 2020.