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First HorizonFHN -1.24%69 FCF Margin % is 31.40% as of Mar. 2026, which is 56% above its 10-year median of 20.19. GuruFocus rates FHN with a GF Score™ of 69/100 and a GF Value™ of $21.56 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,502 Banks companies, First Horizon ranks worse than 63.12% on this metric.
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.
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 % vs Banks Industry
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.
* 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 (FHN) has a FCF Margin % of 31.40% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Horizon and its competitors. This is 56% above median its historical median of 20.19. According to the industry distribution chart, First Horizon ranks #948 out of 1502 companies in the Banks industry, placing it in the top 63.1%.
Is First Horizon's FCF Margin % too high?
First Horizon's current FCF Margin % of 31.40% is 56% above median its 10-year median of 20.19. The Banks industry median FCF Margin % is 25.85. First Horizon's value of 31.40% is 21.5% above this industry median. Based on the distribution chart, First Horizon ranks #948 out of 1502 companies in the Banks industry, which is below the industry midpoint. Overall, First Horizon has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Horizon's FCF Margin % compare to WBS and BPOP?
According to the Banks industry distribution chart, First Horizon ranks #948 out of 1502 companies for FCF Margin %. This places First Horizon in the lower half of its industry. The industry median FCF Margin % is 25.85. First Horizon's value of 31.40% is 21.5% above this benchmark. While the company's 10-year median is 20.19 vs. the industry median of 25.85, First Horizon has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Banks company?
The median FCF Margin % among Banks companies is 25.85, based on 1,502 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Horizon's current FCF Margin % of 31.40% is 21.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Horizon and its competitors. For the Banks industry, the median FCF Margin % is 25.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Horizon's current FCF Margin % is 31.40%, which is 56% above median its own 10-year median of 20.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Horizon stock overvalued right now?
Based on GuruFocus' analysis, First Horizon (FHN) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.56, compared to a current price of $25.45 — trading 18% above its estimated fair value. The current FCF Margin % is 31.40%, which is 56% above median its 10-year median of 20.19 and 21.5% above the Banks industry median of 25.85. First Horizon's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For First Horizon (FHN), the current FCF Margin % is 31.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Horizon (FHN) Overvalued in 2026?
Based on GuruFocus' analysis, First Horizon stock appears to be overvalued.
The current stock price of $25.45 is trading 18% above its estimated GF Value™ of $21.56.
GuruFocus considers First Horizon to be Modestly Overvalued.
Key valuation signals for FHN:
FCF Margin %: 31.40% (56% above median its 10-year median of 20.19)
GF Value™: $21.56 vs. price of $25.45 (18% above fair value)
Industry Position: 21.5% above the Banks median (#948 of 1502)
No single metric tells the full story. See the FHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The company's reportable segments are: Commercial, Consumer & Wealth, Wholesale, and Corporate. The majority of its revenue is generated from Commercial, Consumer & Wealth. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients in the southern USA and other selected markets. The Wholesale segment delivers industry-specific products and services, while the Corporate segment provides internal support functions like finance, risk, and audit.
69GF Score
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