First Horizon Corporation

FHN Financial Banks Regional

First Horizon Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, down 0.95% from fiscal 2024.

Revenue
−39.6%
EPS
−140.0%
Free cash flow
+664.9%
Total debt
−0.68%

Quarter to September 2026, against a year earlier

23.19 0.55 −2.32%
Market cap
$11.0B
P/E
16.4×
Fwd P/E
16.5×
Dividend yield
2.85%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

First Horizon Corporation (FHN) Gross margin

Alert me on Gross margin

First Horizon Corporation's gross margin over the twelve months to 30 September 2026 was 68.0%, down 0.7 percentage points from fiscal 2025 (68.6%). Over the past ten years it has ranged from 63.4% (fiscal 2024) to 94.9% (fiscal 2021); the current reading is higher than 18% of that period. That is in line with the Banks Regional industry median of 69.8% and in line with the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 68.6% 5.20
FY2024 63.4% (5.56)
FY2023 69.0% (22.71)
FY2022 91.7% (3.25)
FY2021 94.9% 1.89
FY2020 93.0% 11.21
FY2019 81.8% (3.80)
FY2018 85.6% (4.40)
FY2017 90.0% (3.49)
FY2016 93.5% 0.12

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 52.5% (18.97)
Jun 2026 71.5% (0.42)
Mar 2026 71.9% 1.58
Dec 2025 70.3% 1.50
43 more quarters

Against its own ten years

Low 63.4% High 94.9%
Ten-year median 90.0%
Current reading's percentile 19

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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