vs
Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and GRACO INC (GGG). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $593.2M, roughly 1.5× GRACO INC). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 22.3%, a 7.1% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 8.1%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $184.3M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 9.8%).
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.
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
FHN vs GGG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $593.2M |
| Net Profit | $261.0M | $132.5M |
| Gross Margin | — | 51.7% |
| Operating Margin | 38.5% | 26.7% |
| Net Margin | 29.4% | 22.3% |
| Revenue YoY | 21.8% | 8.1% |
| Net Profit YoY | 57.2% | 21.9% |
| EPS (diluted) | $0.51 | $0.78 |
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.
| Q4 25 | $888.0M | $593.2M | ||
| Q3 25 | $889.0M | $543.4M | ||
| Q2 25 | $830.0M | $571.8M | ||
| Q1 25 | $812.0M | $528.3M | ||
| Q4 24 | $729.0M | $548.7M | ||
| Q3 24 | $827.0M | $519.2M | ||
| Q2 24 | — | $553.2M | ||
| Q1 24 | $819.0M | $492.2M |
| Q4 25 | $261.0M | $132.5M | ||
| Q3 25 | $262.0M | $137.6M | ||
| Q2 25 | $241.0M | $127.6M | ||
| Q1 25 | $218.0M | $124.1M | ||
| Q4 24 | $166.0M | $108.7M | ||
| Q3 24 | $218.0M | $122.2M | ||
| Q2 24 | — | $133.0M | ||
| Q1 24 | $192.0M | $122.2M |
| Q4 25 | — | 51.7% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | — | 50.9% | ||
| Q3 24 | — | 53.2% | ||
| Q2 24 | — | 54.4% | ||
| Q1 24 | — | 54.1% |
| Q4 25 | 38.5% | 26.7% | ||
| Q3 25 | 38.7% | 30.3% | ||
| Q2 25 | 37.2% | 27.5% | ||
| Q1 25 | 35.1% | 27.3% | ||
| Q4 24 | 28.8% | 23.7% | ||
| Q3 24 | 34.0% | 28.1% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | 31.0% | 27.0% |
| Q4 25 | 29.4% | 22.3% | ||
| Q3 25 | 29.5% | 25.3% | ||
| Q2 25 | 29.0% | 22.3% | ||
| Q1 25 | 26.8% | 23.5% | ||
| Q4 24 | 22.8% | 19.8% | ||
| Q3 24 | 26.4% | 23.5% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | 23.4% | 24.8% |
| Q4 25 | $0.51 | $0.78 | ||
| Q3 25 | $0.50 | $0.82 | ||
| Q2 25 | $0.45 | $0.76 | ||
| Q1 25 | $0.41 | $0.72 | ||
| Q4 24 | $0.29 | $0.63 | ||
| Q3 24 | $0.40 | $0.71 | ||
| Q2 24 | — | $0.77 | ||
| Q1 24 | $0.33 | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $624.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.8B | $2.7B |
| Total Assets | $83.9B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $624.1M | ||
| Q3 25 | — | $618.7M | ||
| Q2 25 | — | $534.9M | ||
| Q1 25 | — | $536.1M | ||
| Q4 24 | — | $675.3M | ||
| Q3 24 | — | $764.5M | ||
| Q2 24 | — | $666.0M | ||
| Q1 24 | — | $622.7M |
| Q4 25 | $8.8B | $2.7B | ||
| Q3 25 | $8.9B | $2.6B | ||
| Q2 25 | $9.0B | $2.5B | ||
| Q1 25 | $8.7B | $2.5B | ||
| Q4 24 | $8.8B | $2.6B | ||
| Q3 24 | $9.0B | $2.5B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $8.9B | $2.3B |
| Q4 25 | $83.9B | $3.3B | ||
| Q3 25 | $83.2B | $3.2B | ||
| Q2 25 | $82.1B | $3.0B | ||
| Q1 25 | $81.5B | $3.0B | ||
| Q4 24 | $82.2B | $3.1B | ||
| Q3 24 | $82.6B | $3.0B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | $81.8B | $2.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $396.0M | $196.3M |
| Free Cash FlowOCF − Capex | $389.0M | $184.3M |
| FCF MarginFCF / Revenue | 43.8% | 31.1% |
| Capex IntensityCapex / Revenue | 0.8% | 2.0% |
| Cash ConversionOCF / Net Profit | 1.52× | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $637.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $196.3M | ||
| Q3 25 | $-200.0M | $179.2M | ||
| Q2 25 | $83.0M | $182.7M | ||
| Q1 25 | $349.0M | $125.4M | ||
| Q4 24 | $191.0M | $185.2M | ||
| Q3 24 | $389.0M | $178.6M | ||
| Q2 24 | — | $139.0M | ||
| Q1 24 | $838.0M | $118.9M |
| Q4 25 | $389.0M | $184.3M | ||
| Q3 25 | $-208.0M | $175.7M | ||
| Q2 25 | $74.0M | $163.1M | ||
| Q1 25 | $340.0M | $114.8M | ||
| Q4 24 | $174.0M | $171.3M | ||
| Q3 24 | $383.0M | $159.2M | ||
| Q2 24 | — | $102.7M | ||
| Q1 24 | $828.0M | $81.7M |
| Q4 25 | 43.8% | 31.1% | ||
| Q3 25 | -23.4% | 32.3% | ||
| Q2 25 | 8.9% | 28.5% | ||
| Q1 25 | 41.9% | 21.7% | ||
| Q4 24 | 23.9% | 31.2% | ||
| Q3 24 | 46.3% | 30.7% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | 101.1% | 16.6% |
| Q4 25 | 0.8% | 2.0% | ||
| Q3 25 | 0.9% | 0.6% | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | 1.1% | 2.0% | ||
| Q4 24 | 2.3% | 2.5% | ||
| Q3 24 | 0.7% | 3.7% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | 1.2% | 7.6% |
| Q4 25 | 1.52× | 1.48× | ||
| Q3 25 | -0.76× | 1.30× | ||
| Q2 25 | 0.34× | 1.43× | ||
| Q1 25 | 1.60× | 1.01× | ||
| Q4 24 | 1.15× | 1.70× | ||
| Q3 24 | 1.78× | 1.46× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | 4.36× | 0.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
