FHN First Horizon PE ratio, current and historical analysis

The current PE ratio for First Horizon stock as of Apr 23, 2025 is 12.69. This is calculated based on the TTM EPS of $1.37 and the stock price of $17.39 per share. The PE ratio has grown by 3% from its last 4 quarters average of 12.3.

FHN PE ratio history

How has FHN's PE ratio performed in the past

The average historical PE ratio of First Horizon for the last ten years is 15.77. The current price-to-earnings ratio of 12.69 is 20% less than the historical average. Analyzing the last ten years, FHN's PE ratio reached its highest point in the Jun 2015 quarter at 54.03, when the price was $15.67 and the EPS was $0.29. The lowest point was recorded in the Jun 2023 quarter, when it reached 5.64 with a price of $11.27 and an EPS of $2.

Today
12.97
Average
15.77
Median
12.93
Minimum
5.64
Maximum
54.03

First Horizon PE ratio by year

Maximum annual increase: 189.36% in 2015

Maximum annual decrease: -88.6% in 2014

Year PE ratio PE change Price EPS
2024 14.7 64.06% $20.14 $1.37
2023 8.96 -40.74% $14.16 $1.58
2022 15.12 62.93% $24.5 $1.62
2021 9.28 38.1% $16.33 $1.76
2020 6.72 -43.58% $12.76 $1.9
2019 11.91 50.19% $16.56 $1.39
2018 7.93 -73.82% $13.16 $1.66
2017 30.29 43.83% $19.99 $0.66
2016 21.06 -50.69% $20.01 $0.95
2015 42.71 189.36% $14.52 $0.34
2014 14.76 -88.6% $13.58 $0.92
2013 129.44 N/A $11.65 $0.09
2012 N/A N/A $9.91 -$0.11
2011 16 N/A $8 $0.5
2010 N/A N/A $11.78 -$0.25

First Horizon PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 14.7 31.6% $20.14 $1.37
Sep 2024 11.17 -13.61% $15.53 $1.39
Jun 2024 12.93 23.38% $15.77 $1.22
Mar 2024 10.48 16.96% $15.4 $1.47
Dec 2023 8.96 42.22% $14.16 $1.58
Sep 2023 6.3 11.7% $11.02 $1.75
Jun 2023 5.64 -45.45% $11.27 $2
Mar 2023 10.34 -31.61% $17.78 $1.72
Dec 2022 15.12 2.37% $24.5 $1.62
Sep 2022 14.77 0% $22.9 $1.55
Jun 2022 14.77 7.5% $21.86 $1.48
Mar 2022 13.74 48.06% $23.49 $1.71
Dec 2021 9.28 0.22% $16.33 $1.76
Sep 2021 9.26 23.3% $16.29 $1.76
Jun 2021 7.51 -14.27% $17.28 $2.3

FHN average PE ratio chart

What is the average PE ratio of FHN for the past years

FHN's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.

3-year avg
11.38
5-year avg
10.38
10-year avg
15.77
15-year avg
37.4

FHN PE vs peers

What is FHN's PE ratio compared to its peers

FHN's PE ratio is less than its peer stocks PNFP and SNV, but it is above PNC's.

Stock name PE ratio Market cap
PNC Pnc Financial Services Group Inc 11.61 $63.22B
FHN First Horizon Corp 12.97 $9.27B
SNV Synovus Financial Corp 14.2 $6.1B
PNFP Pinnacle Financial Partners Inc 16.7 $7.76B

Frequently asked questions

What is First Horizon's PE ratio?

As of Apr 23, 2025, FHN stock has a price to earnings ratio of 12.69.

What is the 3-year average PE ratio for First Horizon (FHN)?

As an average over the last 3 years, FHN stock has a PE ratio of 11.38.

What is the 5-year average PE ratio for First Horizon (FHN)?

As an average over the last 5 years, FHN stock has a PE ratio of 10.38.

What is the highest PE ratio for FHN?

Over the last ten years, the quarterly PE ratio reached its highest level at 54.03 in the Jun 2015 quarter.

How does the current PE ratio for FHN compare to its historical average?

The current PE ratio of FHN is 20% lower than the 10-year historical average.

How is FHN's PE ratio calculated (First Horizon PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 23, 2025), First Horizon's share price is $17.39. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.37. Therefore, First Horizon's price to earnings ratio for today is 12.69. PE RATIO(12.69) = STOCK PRICE($17.39) / TTM EPS($1.37)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.