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First Horizon FHN Debt-to-equity

Debt-to-equity at other companies

Bank of America logo
Bank of AmericaBAC
1.1×+0.1×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.2×-0.5×
Truist Financial logo
Truist FinancialTFC
1.1×
Regions Financial logo
Regions FinancialRF
0.5×+0.2×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.5×0.0×
First Citizens BancShares logo
First Citizens BancSharesFCNCA
1.6×-0.2×

Other financials

Income statement

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Revenue$862.0M+6.2%
Net income$262.0M+20.2%
EPS (diluted)$0.53+29.3%

Balance sheet

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Cash & equivalents$1.9B
Total debt$5.5B0.0%
Total equity$9.2B+4.8%
Total assets$84.1B+3.2%

Cash flow

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Operating cash flow$278.0M-20.3%
CapEx$8.0M-11.1%
Free cash flow$270.0M-20.6%

Valuation

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Market cap$11.78B+8.9%
P/E11.5×-2.0×
P/S3.4×0.0×

Profitability

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Net margin29.6%+4.4pp
FCF margin30.4%

Returns & leverage

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Return on equity11.5%+2.4pp

Where this comes from

Calculated from First Horizon’s reported figures.

Based on the most recent quarter.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's debt-to-equity?
First Horizon (FHN) reported debt-to-equity of 0.6× in Q1 2026.
How has First Horizon's debt-to-equity changed year-over-year?
First Horizon's debt-to-equity decreased by 4.6% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for First Horizon's debt-to-equity?
Over 5 years (2020 to 2025), First Horizon's debt-to-equity has grown at a 0.9% compound annual growth rate (CAGR), from 0.5× to 0.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.