Financials in USD. Standardized financial statements.
A compact view of how First Horizon Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.99B | $4.94B | $4.71B | $3.41B | $3.15B | $2.80B | $2.23B | $2.21B | $1.45B | $1.33B |
| Revenue Growth? | +1.0% | +4.7% | +38.2% | +8.1% | +12.6% | +25.5% | +0.9% | +52.6% | +9.2% | 0.0% |
| Cost of Revenue? | $1.63B | $1.99B | $1.82B | $386.00M | -$146.00M | $739.00M | $459.00M | $334.00M | $147.62M | $99.83M |
| Gross Profit? | $3.36B | $2.95B | $2.90B | $3.02B | $3.30B | $2.06B | $1.77B | $1.88B | $1.30B | $1.23B |
| Gross Margin? | +67.3% | +59.7% | +61.4% | +88.7% | +104.6% | +73.6% | +79.4% | +84.9% | +89.8% | +92.5% |
| Operating Expenses? | $2.08B | $1.94B | $1.77B | $1.87B | $2.02B | $1.13B | $1.19B | $1.17B | $994.17M | $883.35M |
| Operating Income? | $1.28B | $1.00B | $1.13B | $1.16B | $1.28B | $933.00M | $586.00M | $714.00M | $308.87M | $345.32M |
| EBITDA? | $1.34B | $1.11B | $1.23B | $1.24B | $1.33B | $995.00M | $652.00M | $773.00M | $379.80M | $409.99M |
| Income Before Tax | $1.28B | $1.00B | $1.13B | $1.16B | $1.28B | $933.00M | $586.00M | $714.00M | $308.87M | $345.32M |
| Income Tax Expense | $282.00M | $211.00M | $212.00M | $247.00M | $274.00M | $76.00M | $134.00M | $157.00M | $131.89M | $106.81M |
| Net Income? | $983.00M | $775.00M | $897.00M | $900.00M | $999.00M | $845.00M | $441.00M | $545.00M | $165.51M | $227.05M |
| EPS? | $1.89 | $1.37 | $1.58 | $1.62 | $1.76 | $1.90 | $1.39 | $1.66 | $0.66 | $0.95 |
| Diluted EPS? | $1.88 | $1.36 | $1.54 | $1.53 | $1.74 | $1.89 | $1.38 | $1.65 | $0.65 | $0.94 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality