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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, First Horizon Corporation (FHN) trades at a price to free cash flow of 10.8×. Over the past ten years it has ranged from 0.0× (December 2020) to 60.7× (March 2021); the current reading is higher than 64% of that period. That is in line with the Banks Regional industry median of 10.6× and above the Financial sector median of 9.7×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 20.2× 128.56%
FY2024 8.8× 40.78%
FY2023 6.3× 9.36%
FY2022 5.7× (54.09%)
FY2021 12.5× (71.45%)
FY2020 43.8× 574.89%
FY2019 6.5× (67.19%)
FY2018 19.8× —
FY2017 0.0× —
FY2016 36.1× 291.57%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 10.7× (10.38%)
Jun 2026 11.9× (42.35%)
Mar 2026 20.7× 2.55%
Dec 2025 20.2× (32.26%)
43 more quarters

Against its own ten years

Low 0.0× High 60.7×
Ten-year median 8.4×
Current reading's percentile 64

Price to free cash flow against peers

Company Price to free cash flow
ZION Zions Bancorporation, N.A. compare 5.6×
WTFC Wintrust Financial Corporation compare 6.5×
SSB SouthState Bank Corporation compare 6.5×
UMBF UMB Financial Corporation compare 9.0×
ONB Old National Bancorp compare 9.7×
FHN First Horizon Corporation 10.8×
BPOP Popular, Inc. compare 12.3×
CFR Cullen/Frost Bankers, Inc. compare 16.5×
CIB Grupo Cibest S.A. - Sponsored ADR compare 21.3×
Banks Regional industry median 10.6×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on FHN