First Horizon Corporation (FHN) — Cash Flow Quality Index
First Horizon Corporation (FHN) has a Cash Flow Quality Index of -0.32x as of March 2026. Operating cash flow of $-85.00 Million is below net income of $263.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of First Horizon Corporation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Horizon Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for First Horizon Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of First Horizon Corporation to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for First Horizon Corporation (1989–2025)
Year-by-year earnings quality comparison for First Horizon Corporation. For live market cap and the full company financial profile, see FHN company net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.01x | $988.00 Million | $983.00 Million | ▼ -37.1% |
| 2024 | 1.60x | $1.27 Billion | $794.00 Million | ▲ +12.6% |
| 2023 | 1.42x | $1.30 Billion | $916.00 Million | ▼ -44.0% |
| 2022 | 2.53x | $2.31 Billion | $912.00 Million | ▲ +245.4% |
| 2021 | 0.73x | $741.00 Million | $1.01 Billion | ▲ +265.6% |
| 2020 | 0.20x | $172.00 Million | $857.00 Million | ▼ -89.1% |
| 2019 | 1.84x | $830.29 Million | $452.37 Million | ▲ +336.3% |
| 2018 | 0.42x | $234.31 Million | $557.00 Million | ▲ +358.5% |
| 2017 | -0.16x | $-28.80 Million | $176.98 Million | ▼ -121.6% |
| 2016 | 0.75x | $179.99 Million | $238.51 Million | ▼ -80.0% |
| 2015 | 3.77x | $367.16 Million | $97.31 Million | ▲ +25.3% |
| 2014 | 3.01x | $704.71 Million | $234.05 Million | ▼ -73.2% |
| 2013 | 11.24x | $431.37 Million | $38.37 Million | ▲ +3546.7% |
| 2011 | 0.31x | $43.97 Million | $142.63 Million | ▼ -97.5% |
| 2010 | 12.47x | $768.07 Million | $61.60 Million | ▲ +254.9% |
| 2006 | 3.51x | $1.63 Billion | $462.91 Million | ▲ +208.5% |
| 2005 | 1.14x | $498.73 Million | $438.00 Million | ▲ +262.7% |
| 2004 | -0.70x | $-318.08 Million | $454.41 Million | ▼ -113.9% |
| 2003 | 5.03x | $2.38 Billion | $473.31 Million | ▲ +343.4% |
| 2002 | -2.07x | $-778.42 Million | $376.45 Million | ▲ +41.5% |
| 2001 | -3.53x | $-1.12 Billion | $318.21 Million | ▼ -268.3% |
| 2000 | 2.10x | $488.23 Million | $232.58 Million | ▼ -74.0% |
| 1999 | 8.07x | $2.00 Billion | $247.50 Million | ▲ +158.1% |
| 1998 | -13.89x | $-3.15 Billion | $226.40 Million | ▼ -496.5% |
| 1997 | -2.33x | $-460.00 Million | $197.50 Million | ▼ -524.1% |
| 1996 | 0.55x | $98.80 Million | $179.90 Million | ▲ +200.5% |
| 1995 | -0.55x | $-90.10 Million | $164.90 Million | ▼ -109.2% |
| 1994 | 5.94x | $869.60 Million | $146.30 Million | ▲ +15364.6% |
| 1993 | -0.04x | $-4.70 Million | $120.70 Million | ▼ -102.9% |
| 1992 | 1.35x | $120.70 Million | $89.20 Million | ▼ -25.6% |
| 1991 | 1.82x | $116.10 Million | $63.80 Million | ▼ -53.0% |
| 1990 | 3.87x | $185.60 Million | $47.90 Million | ▲ +28.7% |
| 1989 | 3.01x | $86.70 Million | $28.80 Million | — |