First Horizon (FT2) Ratios
First Horizon Ratios
DE:FT2's free cash flow for Q3 2026 was $0.00. For the 2026 fiscal year, DE:FT2's free cash flow was increased by $0.00 and operating cash flow was $0.00. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.96 | 0.13 | 0.16 | 0.17 | 0.32 |
| Quick Ratio | 0.96 | 0.13 | 0.16 | 0.17 | 0.32 |
| Cash Ratio | 0.01 | 0.04 | 0.03 | 0.04 | 0.21 |
| Solvency Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | 0.01 | 0.02 | 0.02 | 0.03 | 0.01 |
| Short-Term Operating Cash Flow Coverage | 0.30 | 0.37 | 0.51 | 0.91 | 0.34 |
| Net Current Asset Value | $ -6.29B | $ -64.10B | $ -61.64B | $ -59.13B | $ -55.84B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.05 | 0.06 | 0.05 | 0.05 | 0.04 |
| Debt-to-Equity Ratio | 0.52 | 0.52 | 0.41 | 0.50 | 0.45 |
| Debt-to-Capital Ratio | 0.34 | 0.34 | 0.29 | 0.33 | 0.31 |
| Long-Term Debt-to-Capital Ratio | 0.13 | 0.12 | 0.11 | 0.16 | 0.16 |
| Financial Leverage Ratio | 9.48 | 9.32 | 9.08 | 9.57 | 10.87 |
| Debt Service Coverage Ratio | 0.22 | 0.17 | 0.25 | 0.36 | 0.46 |
| Interest Coverage Ratio | 0.82 | 0.55 | 0.72 | 3.98 | 7.83 |
| Debt to Market Cap | 0.39 | 0.42 | 0.48 | 0.31 | 0.42 |
| Interest Debt Per Share | 12.50 | 11.91 | 9.60 | 8.21 | 7.10 |
| Net Debt to EBITDA | 2.69 | 1.94 | 1.10 | 1.33 | -9.29 |
| Profitability Margins | |||||
| Gross Profit Margin | 67.32% | 59.67% | 61.40% | 88.68% | 104.63% |
| EBIT Margin | 25.70% | 20.36% | 23.92% | 33.98% | 40.71% |
| EBITDA Margin | 26.98% | 22.40% | 26.09% | 36.47% | 42.14% |
| Operating Profit Margin | 25.70% | 20.36% | 23.92% | 33.98% | 40.71% |
| Pretax Profit Margin | 25.70% | 20.36% | 23.92% | 33.98% | 40.71% |
| Net Profit Margin | 19.72% | 15.70% | 19.02% | 26.39% | 31.67% |
| Continuous Operations Profit Margin | 20.04% | 16.08% | 19.43% | 26.74% | 32.02% |
| Net Income Per EBT | 76.74% | 77.11% | 79.52% | 77.65% | 77.80% |
| EBT Per EBIT | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 1.17% | 0.94% | 1.10% | 1.14% | 1.12% |
| Return on Equity (ROE) | 11.11% | 8.79% | 9.97% | 10.91% | 12.18% |
| Return on Capital Employed (ROCE) | 10.22% | 7.96% | 8.80% | 9.18% | 11.02% |
| Return on Invested Capital (ROIC) | 8.39% | 4.96% | 5.96% | 6.03% | 7.33% |
| Return on Tangible Assets | 1.19% | 0.96% | 1.12% | 1.17% | 1.14% |
| Earnings Yield | 8.38% | 7.12% | 11.56% | 6.87% | 11.20% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables Turnover | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 9.16 | 8.60 | 7.99 | 5.57 | 4.74 |
| Asset Turnover | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 |
| Working Capital Turnover Ratio | -0.16 | -0.08 | -0.08 | -0.06 | -0.06 |
| Cash Conversion Cycle | -10475.71 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Sales Outstanding | 4643.44 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 15119.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 4643.44 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.01 | 2.35 | 2.37 | 4.28 | 1.33 |
| Free Cash Flow Per Share | 1.95 | 2.27 | 2.30 | 4.23 | 1.23 |
| Dividend Paid and CapEx Coverage Ratio | 2.65 | 3.13 | 3.22 | 5.97 | 1.73 |
| Capital Expenditure Coverage Ratio | 29.94 | 28.82 | 35.11 | 81.82 | 13.68 |
| Operating Cash Flow Coverage Ratio | 0.22 | 0.28 | 0.35 | 0.56 | 0.20 |
| Operating Cash Flow to Sales Ratio | 0.20 | 0.26 | 0.28 | 0.67 | 0.23 |
| Free Cash Flow Yield | 8.14% | 11.25% | 16.26% | 17.26% | 7.53% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 12.65 | 14.70 | 8.65 | 14.56 | 8.93 |
| Price-to-Sales (P/S) Ratio | 2.35 | 2.20 | 1.65 | 3.84 | 2.83 |
| Price-to-Book (P/B) Ratio | 1.33 | 1.23 | 0.86 | 1.59 | 1.09 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 12.29 | 8.89 | 6.15 | 5.79 | 13.28 |
| Price-to-Operating Cash Flow Ratio | 11.88 | 8.58 | 5.97 | 5.72 | 12.31 |
| Price-to-Earnings Growth (PEG) Ratio | 0.33 | -1.11 | -3.50 | -1.83 | -1.21 |
| Enterprise Value Multiple | 11.41 | 11.78 | 7.41 | 11.87 | -2.57 |
| Enterprise Value | 15.35B | 13.03B | 9.12B | 14.77B | -3.42B |
| EV to EBITDA | 11.41 | 11.78 | 7.41 | 11.87 | -2.57 |
| EV to Sales | 3.08 | 2.64 | 1.93 | 4.33 | -1.08 |
| EV to Free Cash Flow | 16.07 | 10.65 | 7.23 | 6.53 | -5.09 |
| EV to Operating Cash Flow | 15.53 | 10.28 | 7.02 | 6.45 | -4.71 |
| Tangible Book Value Per Share | 15.33 | 13.80 | 13.86 | 12.71 | 12.24 |
| Shareholders’ Equity Per Share | 18.02 | 16.32 | 16.42 | 15.42 | 15.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.22 | 0.21 | 0.19 | 0.21 | 0.21 |
| Revenue Per Share | 10.15 | 9.14 | 8.60 | 6.38 | 5.77 |
| Net Income Per Share | 2.00 | 1.43 | 1.64 | 1.68 | 1.83 |
| Tax Burden | 0.77 | 0.77 | 0.80 | 0.78 | 0.78 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.30 | 0.26 | 0.27 | 0.35 | 0.41 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Income Quality | 1.01 | 1.60 | 1.42 | 2.55 | 0.72 |
Currency in USD