# First Horizon Corporation (FHN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Banks. Price $24.94, market value $11.8 billion.

## Valuation
- **P/E (trailing): 12.0×** (5-yr avg 11.5×, 3-yr avg 11.8×). First Horizon Corporation trades at 12.0× trailing earnings, close to its own five-year average of 11.5×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.29**. A PEG of 0.29 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.4×**. Each dollar of revenue is priced at 3.4×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 8.6%** (5-yr avg 12.2%). Free cash flow equals 8.6% of the market value, below its five-year average of 12.2%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 8.3%**. The inverse of the P/E: 8.3% of the price is earned each year.

## Profitability
- **Net margin: 28.7%**. 28.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.1%**. 11.1% on shareholders' equity is solid.
- **Return on assets: 1.3%**. Each dollar of assets produces 1.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 7.2%** (3-yr 2.2%/yr). Revenue grew 7.2% over the last year.
- **EPS growth (1 yr): 37.5%** (3-yr 6.9%/yr, 5-yr -0.2%/yr). Earnings per share rose 37.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -35.9%/yr**. Free cash flow has compounded at -35.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.73%** ($0.64 per share, trailing). First Horizon Corporation yields 2.73%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 32%** (31% of free cash flow). 32% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 12.5%** (YTD 5.9%, 3-mo 3.9%). The shares are up 12.5% over twelve months including dividends.
- **From 52-week high: -6.1%** (26.0% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.76** (volatility 25%). Beta of 0.76 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FHN · Page: https://foliofundamentals.com/stocks/fhn

Not investment advice.