FCF Margin % is calculated as Free Cash Flow divided by its Revenue. First Horizon's Free Cash Flow for the
three
months ended in Dec. 2023 was $351 Mil. First Horizon's Revenue for the
three
months ended in Dec. 2023 was $777 Mil. Therefore, First Horizon's FCF Margin % for the quarter that ended in Dec. 2023 was 45.17%.
As of today, First Horizon's current FCF Yield % is 15.42%.
The historical rank and industry rank for First Horizon's FCF Margin % or its related term are showing as below:
FHN'
s FCF Margin % Range Over the Past 10 Years
Min: -6.28 Med: 25.78 Max: 72.53
Current: 40.22
During the past 13 years, the highest FCF Margin % of First Horizon was 72.53%. The lowest was -6.28%. And the median was 25.78%.
FHN's FCF Margin % is ranked better than 66.99% of 1424
companies
in the Banks industry
Industry Median: 27.24
vs FHN: 40.22
First Horizon FCF Margin % Historical Data
The historical data trend for First Horizon's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
First Horizon Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
FCF Margin %
42.96
4.44
22.47
72.53
40.00
First Horizon Quarterly Data
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Mar24
FCF Margin %
-8.84
37.80
91.02
45.17
-
Competitive Comparison
For the Banks - Regional subindustry, First Horizon's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Horizon FCF Margin % Distribution
For the Banks industry and Financial Services sector, First Horizon's FCF Margin % distribution charts can be found below:
* The bar in red indicates where First Horizon's FCF Margin % falls into.
First Horizon FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
First Horizon's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Horizon FCF Margin % Related Terms
Thank you for viewing the detailed overview of First Horizon's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
First Horizon (First Horizon) Business Description
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
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