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First Horizon (First Horizon) Price-to-Owner-Earnings : 3.78 (As of Jun. 25, 2024)


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What is First Horizon Price-to-Owner-Earnings?

As of today (2024-06-25), First Horizon's share price is $15.01. First Horizon's Owner Earnings per Share (TTM) ended in Mar. 2024 was $3.97. It's Price-to-Owner-Earnings for today is 3.78.


The historical rank and industry rank for First Horizon's Price-to-Owner-Earnings or its related term are showing as below:

FHN' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.37   Med: 5.13   Max: 232.84
Current: 3.72

During the past 13 years, the highest Price-to-Owner-Earnings of First Horizon was 232.84. The lowest was 1.37. And the median was 5.13.


FHN's Price-to-Owner-Earnings is ranked better than
79.24% of 973 companies
in the Banks industry
Industry Median: 7.92 vs FHN: 3.72

As of today (2024-06-25), First Horizon's share price is $15.01. First Horizon's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.43. Therefore, First Horizon's PE Ratio for today is 10.50.

As of today (2024-06-25), First Horizon's share price is $15.01. First Horizon's EPS without NRI for the trailing twelve months (TTM) ended in was $1.17. Therefore, First Horizon's PE Ratio without NRI for today is 12.84.

During the past 13 years, First Horizon's highest PE Ratio without NRI was 254.55. The lowest was 5.45. And the median was 14.79.


First Horizon Price-to-Owner-Earnings Historical Data

The historical data trend for First Horizon's Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Chart

First Horizon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 2.80 2.74 3.82 4.29

First Horizon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.49 2.62 3.34 4.29 3.88

Competitive Comparison of First Horizon's Price-to-Owner-Earnings

For the Banks - Regional subindustry, First Horizon's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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's Price-to-Owner-Earnings Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Horizon's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where First Horizon's Price-to-Owner-Earnings falls into.



First Horizon Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

First Horizon's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=15.01/3.97
=3.78

* 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  (NYSE:FHN) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


First Horizon Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of First Horizon's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


First Horizon (First Horizon) Business Description

Address
165 Madison Avenue, Memphis, TN, USA, 38103
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.
Executives
Velia Carboni director 165 MADISON AVE, MEMPHIS TN 38103
William H Fenstermaker director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Vicki R Palmer director PO BOX 723040, ATLANTA GA 30339
Rosa Sugranes director 2975 N.W. 77TH AVE, DORAL FL 33132
Reed Colin V director
Wendy P Davidson director 2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
D Bryan Jordan officer: EVP and CFO
Terry Lawson Akins officer: Sr. EVP, Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David T Popwell officer: EVP-Regional Bkg & Bkg COO 165 MADISON AVENUE, MEMPHIS TN 38103
Tammy Locascio officer: Sr. EVP, Chief HR Officer 165 MADISON AVE, MEMPHIS TN 38103
Daryl G Byrd director, officer: Executive Chairman of Board 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Anthony J Restel officer: SEVP Chief Operating Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Hope Dmuchowski officer: Sr. EVP & CFO 165 MADISON AVE, MEMPHIS TN 38103
Losch William C Iii officer: EVP and CFO 165 MADISON AVENUE, MEMPHIS TN 38103
Elizabeth A Ardoin officer: SEVP, Chief Communications Ofc 200 WEST CONGRESS STREET, LAFAYETTE LA 70501