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First Horizon (FHN) Tax Rate: 2009-2024

Historic Tax Rate for First Horizon (FHN) over the last 13 years, with Dec 2024 value amounting to 21.00%.

  • 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.
  • Per First Horizon's latest filing, its Tax Rate stood at 21.00% for FY2024, which was up 11.71% from 18.79% recorded in FY2023.
  • In the past 5 years, First Horizon's Tax Rate registered a high of 21.34% during FY2021, and its lowest value of 8.15% during FY2020.
  • For the 3-year period, First Horizon's Tax Rate averaged around 20.37%, with its median value being 21.00% (2024).
  • Its Tax Rate has fluctuated over the past 5 years, first crashed by 1,472bps in 2020, then surged by 1,319bps in 2021.
  • Over the past 5 years, First Horizon's Tax Rate (Yearly) stood at 8.15% in 2020, then skyrocketed by 1,319bps to 21.34% in 2021, then declined by 3bps to 21.31% in 2022, then crashed by 252bps to 18.79% in 2023, then skyrocketed by 220bps to 21.00% in 2024.