First Horizon Corporation (FHN) — Free Cash Flow Generation Index
First Horizon Corporation (FHN) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $270.00 Million represents 1% of operating cash flow ($278.00 Million). Read debt load of First Horizon Corporation for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
First Horizon Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for First Horizon Corporation across 29 annual periods. Explore FHN capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for First Horizon Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for First Horizon Corporation. For the full company profile including market capitalisation, see First Horizon Corporation stock valuation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.97x | $955.00 Million | $988.00 Million | $33.00 Million | ▲ +0.1% |
| 2024 | 0.97x | $1.22 Billion | $1.27 Billion | $44.00 Million | ▼ -0.6% |
| 2023 | 0.97x | $1.26 Billion | $1.30 Billion | $37.00 Million | ▼ -1.7% |
| 2022 | 0.99x | $2.28 Billion | $2.31 Billion | $28.00 Million | ▲ +6.4% |
| 2021 | 0.93x | $688.00 Million | $741.00 Million | $53.00 Million | ▲ +40.1% |
| 2020 | 0.66x | $114.00 Million | $172.00 Million | $58.00 Million | ▼ -29.5% |
| 2019 | 0.94x | $781.13 Million | $830.29 Million | $49.16 Million | ▲ +18.3% |
| 2018 | 0.80x | $186.32 Million | $234.31 Million | $48.00 Million | ▲ +21.9% |
| 2016 | 0.65x | $117.44 Million | $179.99 Million | $62.55 Million | ▼ -26.8% |
| 2015 | 0.89x | $327.22 Million | $367.16 Million | $39.95 Million | ▼ -6.7% |
| 2014 | 0.96x | $673.33 Million | $704.71 Million | $31.40 Million | ▲ +2.0% |
| 2013 | 0.94x | $404.02 Million | $431.37 Million | $27.35 Million | ▼ -0.5% |
| 2012 | 0.94x | $349.69 Million | $371.55 Million | $21.86 Million | ▲ +383.2% |
| 2011 | 0.19x | $8.56 Million | $43.97 Million | $35.41 Million | ▼ -79.4% |
| 2010 | 0.94x | $725.44 Million | $768.07 Million | $42.63 Million | ▼ -2.9% |
| 2009 | 0.97x | $763.09 Million | $784.27 Million | $21.18 Million | ▼ -2.2% |
| 2008 | 0.99x | $4.25 Billion | $4.28 Billion | $23.67 Million | ▲ +41.3% |
| 2007 | 0.70x | $79.66 Million | $113.20 Million | $33.54 Million | ▼ -25.0% |
| 2006 | 0.94x | $1.53 Billion | $1.63 Billion | $100.21 Million | ▲ +16.1% |
| 2005 | 0.81x | $403.07 Million | $498.73 Million | $95.66 Million | ▼ -13.8% |
| 2003 | 0.94x | $2.23 Billion | $2.38 Billion | $149.60 Million | ▲ +3.2% |
| 2000 | 0.91x | $443.21 Million | $488.23 Million | $44.88 Million | ▼ -3.8% |
| 1999 | 0.94x | $1.88 Billion | $2.00 Billion | $106.40 Million | ▲ +52.0% |
| 1996 | 0.62x | $61.30 Million | $98.80 Million | $37.50 Million | ▼ -35.1% |
| 1994 | 0.96x | $831.10 Million | $869.60 Million | $38.50 Million | ▲ +10.5% |
| 1992 | 0.86x | $104.40 Million | $120.70 Million | $16.30 Million | ▲ +4.5% |
| 1991 | 0.83x | $96.10 Million | $116.10 Million | $20.00 Million | ▼ -6.4% |
| 1990 | 0.88x | $164.20 Million | $185.60 Million | $21.40 Million | ▲ +11.6% |
| 1989 | 0.79x | $68.70 Million | $86.70 Million | $18.00 Million | — |