First Horizon (FHN) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 60.1%
EBITDA Margin: 40.6%
Op. Margin: 38.3%
Net Margin: 30.4%

Op. margin of 38.3% is up 1.1% YoY — cost efficiency is improving. Net margin at 30.4% and gross margin of 60.1% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit