First Horizon Corporation

First Horizon Corporation

23.54
USD
+0.34
(+1.47%)
2.17EPS
12.17P/E
12.15BMarket Cap
Jan 21Next Earn

Total Valuation

USD

As of June 30, 2026, First Horizon Corporation carries a market capitalization of 12.15B, placing it among publicly traded companies globally. Its enterprise value stands at 6.99B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap12.15B
Enterprise Value6.99B

Important Dates

First Horizon Corporation's next confirmed earnings release is scheduled for January 21, 2027.

Earnings Date1/21/2027

Share Statistics

As of June 30, 2026, First Horizon Corporation has 473.92M shares outstanding.

Shares Outstanding473.92M

Valuation Ratios

As of June 30, 2026, First Horizon Corporation trades at a trailing price-to-earnings ratio of 12.17. The price-to-sales ratio is 3.65, and the price-to-book ratio stands at 1.43.

PE Ratio12.17
PS Ratio3.65
PB Ratio1.43
P/TBV Ratio1.76
P/FCF Ratio12.44
P/OCF Ratio11.81

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 2.04 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. First Horizon Corporation trades at an EV/FCF ratio of 6.87, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 6.99B versus a market cap of 12.15B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.04
EV / FCF6.87

Financial Position

These figures are as of June 30, 2026.

Debt / Equity22.86

Financial Efficiency

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Over the twelve months ended June 30, 2026, First Horizon Corporation posted a return on equity (ROE) of 12.08, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.27, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.25, useful for judging operating efficiency across full business cycles. The company generates approximately 466,646.24 in revenue per employee across its workforce of 7,341.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)12.08
Return on Assets (ROA)1.27
Return on Capital Employed (ROCE)9.25
Revenue Per Employee466,646.24
Employee Count7,341.75

Taxes

USD

Over the twelve months ended June 30, 2026, First Horizon Corporation recorded 297.00M in income tax expense. That works out to an effective tax rate of 21.69, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.37B, leaving 1.06B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax297.00M
Effective Tax Rate21.69

Stock Price Statistics

USD

As of the close on October 22, 2026, First Horizon Corporation's stock has gained approximately 14.16% over the past 52 weeks. The 50-day moving average sits at 23.97, while the 200-day moving average is 24.33.

52-Week Price Change14.16%
50-Day Moving Average23.97
200-Day Moving Average24.33

Income Statement

USD

Over the twelve months ended June 30, 2026, First Horizon Corporation generated 3.43B in revenue and converted that into 1.06B in net income, yielding earnings per share of 2.17.

Revenue3.43B
Pretax Income1.37B
Net Income1.06B
Earnings Per Share (EPS)2.17

Balance Sheet

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As of June 30, 2026, First Horizon Corporation holds 8.30B in cash and equivalents against 2.16B in total debt, resulting in a net debt position of -29.00M.

Cash & Cash Equivalents8.30B
Total Debt2.16B
Net Debt-29.00M
Equity (Book Value)8.49B
Book Value Per Share17.91

Cash Flow

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First Horizon Corporation produced 1.06B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -42.00M in capital expenditures, free cash flow totaled 1.02B - equivalent to 2.09 per share.

Operating Cash Flow1.06B
Capital Expenditures-42.00M
Free Cash Flow1.02B
FCF Per Share2.09

Margins

These figures cover the twelve months ended June 30, 2026.

Pretax Margin39.96
Profit Margin30.82

Dividends & Yields

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Over the twelve months ended June 30, 2026, First Horizon Corporation paid dividends of 0.69 per share. The dividend payout ratio of 28.96 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 8.04, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -8.58, meaning First Horizon Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.69
Payout Ratio28.96
Shareholder Yield-8.58
FCF Yield8.04

Stock Splits

First Horizon Corporation's most recent stock split took place on December 8, 2010 with a 607:618 split ratio.

Last Split Date12/8/2010
Split Ratio607:618