First Horizon Corporation
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
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First Horizon Corporation (FHN) 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 | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CFR Cullen/Frost Bankers, Inc. compare | 79.2% |
| BPOP Popular, Inc. compare | 73.9% |
| ZION Zions Bancorporation, N.A. compare | 72.9% |
| SSB SouthState Bank Corporation compare | 71.9% |
| CIB Grupo Cibest S.A. - Sponsored ADR compare | 69.3% |
| ONB Old National Bancorp compare | 69.0% |
| UMBF UMB Financial Corporation compare | 68.4% |
| FHN First Horizon Corporation | 68.0% |
| WTFC Wintrust Financial Corporation compare | 66.6% |
| Banks Regional industry median | 69.8% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
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
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