FHN First Horizon Corp
Price (delayed)
$18.19
Market cap
$9.49B
P/E Ratio
13.28
Dividend/share
$0.6
EPS
$1.37
Enterprise value
$11.01B
First Horizon Corp., with $84 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of its associates, clients, shareholders, and communities. Headquartered in Memphis,
Highlights
The price to earnings (P/E) is 30% more than the 5-year quarterly average of 10.2 and 8% more than the last 4 quarters average of 12.3
First Horizon's debt has increased by 24% YoY and by 21% QoQ
Key stats
What are the main financial stats of FHN
Market
Valuations
Earnings
Shares outstanding
521.77M
Market cap
$9.49B
Enterprise value
$11.01B
Price to earnings (P/E)
13.28
Price to book (P/B)
1.09
Price to sales (P/S)
3.23
EV/EBIT
11.17
EV/EBITDA
10.15
EV/Sales
3.62
Revenue
$3.04B
Gross profit
$3.04B
Operating income
$1.01B
Net income
$775M
EBIT
$986M
EBITDA
$1.09B
Free cash flow
$1.23B
Per share
Balance sheet
Liquidity
EPS
$1.37
EPS diluted
$1.36
Free cash flow per share
$2.28
Book value per share
$16.63
Revenue per share
$5.63
TBVPS
$148.98
Total assets
$82.15B
Total liabilities
$73.04B
Debt
$4.6B
Equity
$8.82B
Working capital
N/A
Debt to equity
0.52
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.4
Margins
Efficiency
Dividend
EBITDA margin
35.7%
Gross margin
100%
Net margin
25.5%
Operating margin
33.1%
Return on assets
0.9%
Return on equity
8.3%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
32.4%
Dividend yield
3.3%
DPS
$0.6
Payout ratio
43.8%
FHN stock price
How has the First Horizon stock price performed over time
Intraday
2.77%
1 week
-9.1%
1 month
-18.9%
1 year
22.91%
YTD
-9.68%
QTD
-9.68%
Financial performance
How have First Horizon's revenue and profit performed over time
Revenue
$3.04B
Gross profit
$3.04B
Operating income
$1.01B
Net income
$775M
Gross margin
100%
Net margin
25.5%
The net income has declined by 14% year-on-year and by 2.3% since the previous quarter
The company's operating income fell by 11% YoY but it rose by 3.3% QoQ
First Horizon's net margin has decreased by 9% YoY
First Horizon's operating margin has decreased by 6% YoY but it has increased by 4.4% QoQ
Growth
What is First Horizon's growth rate over time
Valuation
What is First Horizon stock price valuation
P/E
13.28
P/B
1.09
P/S
3.23
EV/EBIT
11.17
EV/EBITDA
10.15
EV/Sales
3.62
The price to earnings (P/E) is 30% more than the 5-year quarterly average of 10.2 and 8% more than the last 4 quarters average of 12.3
FHN's EPS is down by 13% year-on-year
The stock's price to book (P/B) is 9% more than its 5-year quarterly average of 1.0 and 9% more than its last 4 quarters average of 1.0
The equity fell by 2.3% QoQ and by 2% YoY
The price to sales (P/S) is 15% higher than the 5-year quarterly average of 2.8 and 8% higher than the last 4 quarters average of 3.0
The revenue has declined by 5% year-on-year
Efficiency
How efficient is First Horizon business performance
FHN's return on equity is down by 17% year-on-year and by 2.4% since the previous quarter
FHN's return on assets is down by 10% year-on-year
The return on invested capital has declined by 8% year-on-year
FHN's ROS is down by 6% year-on-year but it is up by 4.5% since the previous quarter
Dividends
What is FHN's dividend history
DPS
$0.6
Dividend yield
3.3%
Payout ratio
43.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did First Horizon financials performed over time
FHN's total assets is 12% greater than its total liabilities
First Horizon's debt is 48% lower than its equity
The debt to equity rose by 27% year-on-year and by 24% since the previous quarter
First Horizon's debt has increased by 24% YoY and by 21% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.