First Horizon Corporation (FHN) — Cash Flow Reinvestment Rate
First Horizon Corporation (FHN) has a Cash Flow Reinvestment Rate of 0.03x as of June 2026, reinvesting $27.00 Million (capex $27.00 Million ) from operating cash flow of $863.00 Million. See FHN free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Horizon Corporation Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for First Horizon Corporation across 29 annual periods. For the full cash flow conversion analysis, see First Horizon Corporation cash flow conversion.
Annual Cash Flow Reinvestment Rate for First Horizon Corporation (1989–2025)
Year-by-year capital reinvestment analysis for First Horizon Corporation. See FHN financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.18x | $173.00 Million | $988.00 Million | $33.00 Million | ▼ -79.9% |
| 2024 | 0.87x | $1.10 Billion | $1.27 Billion | $44.00 Million | ▼ -58.4% |
| 2023 | 2.09x | $2.71 Billion | $1.30 Billion | $37.00 Million | ▼ -41.5% |
| 2022 | 3.57x | $8.25 Billion | $2.31 Billion | $28.00 Million | ▼ -43.7% |
| 2021 | 6.34x | $4.70 Billion | $741.00 Million | $53.00 Million | ▼ -84.6% |
| 2020 | 41.14x | $7.08 Billion | $172.00 Million | $58.00 Million | ▲ +1288.1% |
| 2019 | 2.96x | $2.46 Billion | $830.29 Million | $49.16 Million | ▲ +32.4% |
| 2018 | 2.24x | $524.53 Million | $234.31 Million | $48.00 Million | ▼ -83.9% |
| 2016 | 13.94x | $2.51 Billion | $179.99 Million | $62.55 Million | ▲ +817.7% |
| 2015 | 1.52x | $557.80 Million | $367.16 Million | $39.95 Million | ▼ -43.8% |
| 2014 | 2.70x | $1.91 Billion | $704.71 Million | $31.40 Million | ▲ +54.2% |
| 2013 | 1.75x | $756.47 Million | $431.37 Million | $27.35 Million | ▲ +49.3% |
| 2012 | 1.17x | $436.53 Million | $371.55 Million | $21.86 Million | ▲ +45.9% |
| 2011 | 0.81x | $35.41 Million | $43.97 Million | $35.41 Million | ▼ -11.2% |
| 2010 | 0.91x | $696.71 Million | $768.07 Million | $42.63 Million | ▲ +3258.8% |
| 2009 | 0.03x | $21.18 Million | $784.27 Million | $21.18 Million | ▲ +387.8% |
| 2008 | 0.01x | $23.67 Million | $4.28 Billion | $23.67 Million | ▼ -98.1% |
| 2007 | 0.30x | $33.54 Million | $113.20 Million | $33.54 Million | ▲ +380.7% |
| 2006 | 0.06x | $100.21 Million | $1.63 Billion | $100.21 Million | ▼ -67.9% |
| 2005 | 0.19x | $95.66 Million | $498.73 Million | $95.66 Million | ▲ +205.5% |
| 2003 | 0.06x | $149.60 Million | $2.38 Billion | $149.60 Million | ▼ -31.7% |
| 2000 | 0.09x | $44.88 Million | $488.23 Million | $44.88 Million | ▲ +72.6% |
| 1999 | 0.05x | $106.40 Million | $2.00 Billion | $106.40 Million | ▼ -86.0% |
| 1996 | 0.38x | $37.50 Million | $98.80 Million | $37.50 Million | ▲ +757.3% |
| 1994 | 0.04x | $38.50 Million | $869.60 Million | $38.50 Million | ▼ -67.2% |
| 1992 | 0.14x | $16.30 Million | $120.70 Million | $16.30 Million | ▼ -21.6% |
| 1991 | 0.17x | $20.00 Million | $116.10 Million | $20.00 Million | ▲ +49.4% |
| 1990 | 0.12x | $21.40 Million | $185.60 Million | $21.40 Million | ▼ -44.5% |
| 1989 | 0.21x | $18.00 Million | $86.70 Million | $18.00 Million | — |