Based on the most recent data from Jun 22, 2026, FHN's PEG ratio comes in at 0.31. This metric factors in a PE of 12.28 with an earnings growth rate of 39.3%. Relative to the 0.44 average from the previous four quarters, the PEG ratio has contracted by 30%.
Looking at the last ten years, FHN's PEG ratio has has been around 1.14 on average. At 0.31, today's PE to growth ratio sits 73% below its historical average. Within the last ten years, the Mar 2023 quarter recorded the highest PEG value at 17.23. At 0.04, the Jun 2019 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.33 | 12.65 | 38% |
| 2024 | N/A | 14.7 | -13.3% |
| 2023 | N/A | 8.96 | -2.5% |
| 2022 | N/A | 15.12 | -8% |
| 2021 | N/A | 9.28 | -7.4% |
| 2020 | 0.18 | 6.72 | 36.7% |
| 2019 | N/A | 11.91 | -16.3% |
| 2018 | 0.05 | 7.93 | 151.5% |
| 2017 | N/A | 30.29 | -30.5% |
| 2016 | 0.12 | 21.06 | 179.4% |
| 2015 | N/A | 42.71 | -63% |
| 2014 | 0.02 | 14.76 | 922.2% |
| 2013 | 0.71 | 129.44 | 181.8% |
| 2012 | N/A | N/A | -122% |
| 2011 | 0.05 | 16 | 300% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.29 | 11.27 | 39.3% |
| Dec 2025 | 0.33 | 12.65 | 38% |
| Sep 2025 | 0.67 | 13.54 | 20.1% |
| Jun 2025 | 0.47 | 13.5 | 28.7% |
| Mar 2025 | N/A | 13.39 | -1.4% |
| Dec 2024 | N/A | 14.7 | -13.3% |
| Sep 2024 | N/A | 11.17 | -20.6% |
| Jun 2024 | N/A | 12.93 | -39% |
| Mar 2024 | N/A | 10.48 | -14.5% |
| Dec 2023 | N/A | 8.96 | -2.5% |
| Sep 2023 | 0.49 | 6.3 | 12.9% |
| Jun 2023 | 0.16 | 5.64 | 35.1% |
| Mar 2023 | 17.23 | 10.34 | 0.6% |
| Dec 2022 | N/A | 15.12 | -8% |
| Sep 2022 | N/A | 14.77 | -11.9% |
When comparing to historical values, FHN's PEG ratio is below the 3, 5 and 10-year averages.
With a PEG of 0.31, FHN is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 0.46, First Horizon's PEG is 33% lower.
Compared to its peer stocks PNC and PNFP, FHN's PEG ratio sits lower.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| FHN First Horizon Corp | 0.31 | $11.84B |
| PNC Pnc Financial Services Group Inc | 0.65 | $95.84B |
| PNFP Pinnacle Financial Partners Inc | 0.8 | $14.51B |
FHN shows a PEG ratio of 0.31, per Jun 22, 2026 data.
FHN has a 3-year average PEG ratio of 0.4.
FHN has a 5-year average PEG ratio of 2.26.
The Mar 2023 quarter marked the ten years high at 17.23 for FHN's PEG ratio.
FHN currently has a PEG ratio 73% below its 10-year average.
At 0.31, FHN's PEG ratio suggests the stock may be attractively priced given its growth rate.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jun 22, 2026, First Horizon has a P/E ratio of 12.28. Earnings grew at 39.3% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.31. PEG RATIO(0.31) = PE RATIO(12.28) / EPS GROWTH(39.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.