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Side-by-side financial comparison of DXP ENTERPRISES INC (DXPE) and FIRST HORIZON CORP (FHN). Click either name above to swap in a different company.

FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $527.4M, roughly 1.7× DXP ENTERPRISES INC). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 4.3%, a 25.1% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 12.0%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $34.5M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 13.1%).

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.

DXPE vs FHN — Head-to-Head

Bigger by revenue
FHN
FHN
1.7× larger
FHN
$888.0M
$527.4M
DXPE
Growing faster (revenue YoY)
FHN
FHN
+9.8% gap
FHN
21.8%
12.0%
DXPE
Higher net margin
FHN
FHN
25.1% more per $
FHN
29.4%
4.3%
DXPE
More free cash flow
FHN
FHN
$354.5M more FCF
FHN
$389.0M
$34.5M
DXPE
Faster 2-yr revenue CAGR
FHN
FHN
Annualised
FHN
20.0%
13.1%
DXPE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DXPE
DXPE
FHN
FHN
Revenue
$527.4M
$888.0M
Net Profit
$22.8M
$261.0M
Gross Margin
31.6%
Operating Margin
8.8%
38.5%
Net Margin
4.3%
29.4%
Revenue YoY
12.0%
21.8%
Net Profit YoY
6.9%
57.2%
EPS (diluted)
$1.38
$0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DXPE
DXPE
FHN
FHN
Q4 25
$527.4M
$888.0M
Q3 25
$513.7M
$889.0M
Q2 25
$498.7M
$830.0M
Q1 25
$476.6M
$812.0M
Q4 24
$470.9M
$729.0M
Q3 24
$472.9M
$827.0M
Q2 24
$445.6M
Q1 24
$412.6M
$819.0M
Net Profit
DXPE
DXPE
FHN
FHN
Q4 25
$22.8M
$261.0M
Q3 25
$21.6M
$262.0M
Q2 25
$23.6M
$241.0M
Q1 25
$20.6M
$218.0M
Q4 24
$21.4M
$166.0M
Q3 24
$21.1M
$218.0M
Q2 24
$16.7M
Q1 24
$11.3M
$192.0M
Gross Margin
DXPE
DXPE
FHN
FHN
Q4 25
31.6%
Q3 25
31.4%
Q2 25
31.6%
Q1 25
31.5%
Q4 24
31.5%
Q3 24
30.9%
Q2 24
30.9%
Q1 24
30.0%
Operating Margin
DXPE
DXPE
FHN
FHN
Q4 25
8.8%
38.5%
Q3 25
8.5%
38.7%
Q2 25
9.2%
37.2%
Q1 25
8.5%
35.1%
Q4 24
8.3%
28.8%
Q3 24
8.4%
34.0%
Q2 24
8.4%
Q1 24
7.1%
31.0%
Net Margin
DXPE
DXPE
FHN
FHN
Q4 25
4.3%
29.4%
Q3 25
4.2%
29.5%
Q2 25
4.7%
29.0%
Q1 25
4.3%
26.8%
Q4 24
4.5%
22.8%
Q3 24
4.5%
26.4%
Q2 24
3.7%
Q1 24
2.7%
23.4%
EPS (diluted)
DXPE
DXPE
FHN
FHN
Q4 25
$1.38
$0.51
Q3 25
$1.31
$0.50
Q2 25
$1.43
$0.45
Q1 25
$1.25
$0.41
Q4 24
$1.28
$0.29
Q3 24
$1.27
$0.40
Q2 24
$1.00
Q1 24
$0.67
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DXPE
DXPE
FHN
FHN
Cash + ST InvestmentsLiquidity on hand
$303.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$498.4M
$8.8B
Total Assets
$1.7B
$83.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXPE
DXPE
FHN
FHN
Q4 25
$303.8M
Q3 25
$123.8M
Q2 25
$112.9M
Q1 25
$114.3M
Q4 24
$148.3M
Q3 24
$35.0M
Q2 24
$49.9M
Q1 24
$139.7M
Stockholders' Equity
DXPE
DXPE
FHN
FHN
Q4 25
$498.4M
$8.8B
Q3 25
$488.3M
$8.9B
Q2 25
$468.1M
$9.0B
Q1 25
$444.7M
$8.7B
Q4 24
$422.8M
$8.8B
Q3 24
$402.4M
$9.0B
Q2 24
$384.7M
Q1 24
$375.5M
$8.9B
Total Assets
DXPE
DXPE
FHN
FHN
Q4 25
$1.7B
$83.9B
Q3 25
$1.4B
$83.2B
Q2 25
$1.4B
$82.1B
Q1 25
$1.4B
$81.5B
Q4 24
$1.3B
$82.2B
Q3 24
$1.2B
$82.6B
Q2 24
$1.2B
Q1 24
$1.2B
$81.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DXPE
DXPE
FHN
FHN
Operating Cash FlowLast quarter
$37.8M
$396.0M
Free Cash FlowOCF − Capex
$34.5M
$389.0M
FCF MarginFCF / Revenue
6.5%
43.8%
Capex IntensityCapex / Revenue
0.6%
0.8%
Cash ConversionOCF / Net Profit
1.65×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$54.0M
$595.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXPE
DXPE
FHN
FHN
Q4 25
$37.8M
$396.0M
Q3 25
$34.9M
$-200.0M
Q2 25
$18.6M
$83.0M
Q1 25
$3.0M
$349.0M
Q4 24
$32.1M
$191.0M
Q3 24
$28.3M
$389.0M
Q2 24
$14.7M
Q1 24
$27.0M
$838.0M
Free Cash Flow
DXPE
DXPE
FHN
FHN
Q4 25
$34.5M
$389.0M
Q3 25
$28.1M
$-208.0M
Q2 25
$8.3M
$74.0M
Q1 25
$-16.9M
$340.0M
Q4 24
$22.7M
$174.0M
Q3 24
$24.4M
$383.0M
Q2 24
$5.9M
Q1 24
$24.1M
$828.0M
FCF Margin
DXPE
DXPE
FHN
FHN
Q4 25
6.5%
43.8%
Q3 25
5.5%
-23.4%
Q2 25
1.7%
8.9%
Q1 25
-3.6%
41.9%
Q4 24
4.8%
23.9%
Q3 24
5.2%
46.3%
Q2 24
1.3%
Q1 24
5.8%
101.1%
Capex Intensity
DXPE
DXPE
FHN
FHN
Q4 25
0.6%
0.8%
Q3 25
1.3%
0.9%
Q2 25
2.1%
1.1%
Q1 25
4.2%
1.1%
Q4 24
2.0%
2.3%
Q3 24
0.8%
0.7%
Q2 24
2.0%
Q1 24
0.7%
1.2%
Cash Conversion
DXPE
DXPE
FHN
FHN
Q4 25
1.65×
1.52×
Q3 25
1.61×
-0.76×
Q2 25
0.79×
0.34×
Q1 25
0.14×
1.60×
Q4 24
1.50×
1.15×
Q3 24
1.34×
1.78×
Q2 24
0.88×
Q1 24
2.38×
4.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

FHN
FHN

Commercial Consumer And Wealth Segment$776.0M87%
Other$88.0M10%
Corporate$24.0M3%

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