First Horizon Corporation (FHN) — Financial Flexibility Index
First Horizon Corporation (FHN) has a Financial Flexibility Index of 0.00x as of March 2026. Free cash flow of $286.00 Million (operating CF $278.00 Million minus capex $8.00 Million) represents 0% of total liabilities ($74.67 Billion). Check FHN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Horizon Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for First Horizon Corporation across 37 annual periods. See working capital position of First Horizon Corporation to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for First Horizon Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for First Horizon Corporation. For the full company profile including market capitalisation, see market value of First Horizon Corporation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | $1.02 Billion | $988.00 Million | $74.73 Billion | ▼ -23.9% |
| 2024 | 0.02x | $1.31 Billion | $1.27 Billion | $73.04 Billion | ▼ -2.7% |
| 2023 | 0.02x | $1.34 Billion | $1.30 Billion | $72.37 Billion | ▼ -44.4% |
| 2022 | 0.03x | $2.34 Billion | $2.31 Billion | $70.41 Billion | ▲ +237.2% |
| 2021 | 0.01x | $794.00 Million | $741.00 Million | $80.60 Billion | ▲ +225.1% |
| 2020 | 0.00x | $230.00 Million | $172.00 Million | $75.90 Billion | ▼ -86.8% |
| 2019 | 0.02x | $879.45 Million | $830.29 Million | $38.23 Billion | ▲ +193.8% |
| 2018 | 0.01x | $282.31 Million | $234.31 Million | $36.06 Billion | ▲ +1089.6% |
| 2017 | 0.00x | $24.25 Million | $-28.80 Million | $36.84 Billion | ▼ -93.0% |
| 2016 | 0.01x | $242.54 Million | $179.99 Million | $25.85 Billion | ▼ -45.7% |
| 2015 | 0.02x | $407.11 Million | $367.16 Million | $23.56 Billion | ▼ -45.8% |
| 2014 | 0.03x | $736.11 Million | $704.71 Million | $23.08 Billion | ▲ +48.0% |
| 2013 | 0.02x | $458.72 Million | $431.37 Million | $21.29 Billion | ▲ +26.0% |
| 2012 | 0.02x | $393.41 Million | $371.55 Million | $23.01 Billion | ▲ +376.1% |
| 2011 | 0.00x | $79.38 Million | $43.97 Million | $22.10 Billion | ▼ -90.2% |
| 2010 | 0.04x | $810.71 Million | $768.07 Million | $22.02 Billion | ▲ +4.1% |
| 2009 | 0.04x | $805.45 Million | $784.27 Million | $22.77 Billion | ▼ -77.4% |
| 2008 | 0.16x | $4.30 Billion | $4.28 Billion | $27.45 Billion | ▲ +3622.8% |
| 2007 | 0.00x | $146.74 Million | $113.20 Million | $34.88 Billion | ▼ -91.4% |
| 2006 | 0.05x | $1.73 Billion | $1.63 Billion | $35.46 Billion | ▲ +180.4% |
| 2005 | 0.02x | $594.39 Million | $498.73 Million | $34.23 Billion | ▲ +301.2% |
| 2004 | -0.01x | $-239.32 Million | $-318.08 Million | $27.73 Billion | ▼ -107.7% |
| 2003 | 0.11x | $2.53 Billion | $2.38 Billion | $22.62 Billion | ▲ +442.7% |
| 2002 | -0.03x | $-721.63 Million | $-778.42 Million | $22.09 Billion | ▲ +43.1% |
| 2001 | -0.06x | $-1.10 Billion | $-1.12 Billion | $19.10 Billion | ▼ -284.5% |
| 2000 | 0.03x | $533.12 Million | $488.23 Million | $17.13 Billion | ▼ -74.7% |
| 1999 | 0.12x | $2.10 Billion | $2.00 Billion | $17.13 Billion | ▲ +170.8% |
| 1998 | -0.17x | $-3.06 Billion | $-3.15 Billion | $17.63 Billion | ▼ -476.7% |
| 1997 | -0.03x | $-403.90 Million | $-460.00 Million | $13.43 Billion | ▼ -367.0% |
| 1996 | 0.01x | $136.30 Million | $98.80 Million | $12.10 Billion | ▲ +344.5% |
| 1995 | 0.00x | $-51.60 Million | $-90.10 Million | $11.20 Billion | ▼ -105.0% |
| 1994 | 0.09x | $908.10 Million | $869.60 Million | $9.77 Billion | ▲ +3030.9% |
| 1993 | 0.00x | $26.50 Million | $-4.70 Million | $8.93 Billion | ▼ -82.0% |
| 1992 | 0.02x | $137.00 Million | $120.70 Million | $8.33 Billion | ▼ -9.8% |
| 1991 | 0.02x | $136.10 Million | $116.10 Million | $7.47 Billion | ▼ -44.4% |
| 1990 | 0.03x | $207.00 Million | $185.60 Million | $6.31 Billion | ▲ +88.5% |
| 1989 | 0.02x | $104.70 Million | $86.70 Million | $6.02 Billion | — |