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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and G III APPAREL GROUP LTD (GIII). Click either name above to swap in a different company.
G III APPAREL GROUP LTD is the larger business by last-quarter revenue ($988.6M vs $888.0M, roughly 1.1× FIRST HORIZON CORP). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 8.2%, a 21.2% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs -9.0%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $-106.4M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 13.7%).
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.
G III Apparel Group is a global fashion company that designs, sources, manufactures, markets and distributes apparel, footwear, and accessories under a range of owned and licensed well-known brands. It serves department stores, specialty retailers, and e-commerce platforms across North America, Europe, and other key global markets, catering to casual, sportswear, and premium fashion consumer segments.
FHN vs GIII — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $988.6M |
| Net Profit | $261.0M | $80.6M |
| Gross Margin | — | 38.6% |
| Operating Margin | 38.5% | 11.4% |
| Net Margin | 29.4% | 8.2% |
| Revenue YoY | 21.8% | -9.0% |
| Net Profit YoY | 57.2% | -29.8% |
| EPS (diluted) | $0.51 | $1.84 |
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 | $988.6M | ||
| Q3 25 | $889.0M | $613.3M | ||
| Q2 25 | $830.0M | $583.6M | ||
| Q1 25 | $812.0M | $839.5M | ||
| Q4 24 | $729.0M | $1.1B | ||
| Q3 24 | $827.0M | $644.8M | ||
| Q2 24 | — | $609.7M | ||
| Q1 24 | $819.0M | $764.8M |
| Q4 25 | $261.0M | $80.6M | ||
| Q3 25 | $262.0M | $10.9M | ||
| Q2 25 | $241.0M | $7.8M | ||
| Q1 25 | $218.0M | $48.8M | ||
| Q4 24 | $166.0M | $114.8M | ||
| Q3 24 | $218.0M | $24.2M | ||
| Q2 24 | — | $5.8M | ||
| Q1 24 | $192.0M | $28.9M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 40.8% | ||
| Q2 25 | — | 42.2% | ||
| Q1 25 | — | 39.5% | ||
| Q4 24 | — | 39.8% | ||
| Q3 24 | — | 42.8% | ||
| Q2 24 | — | 42.5% | ||
| Q1 24 | — | 36.9% |
| Q4 25 | 38.5% | 11.4% | ||
| Q3 25 | 38.7% | 2.7% | ||
| Q2 25 | 37.2% | 1.5% | ||
| Q1 25 | 35.1% | 8.5% | ||
| Q4 24 | 28.8% | 15.3% | ||
| Q3 24 | 34.0% | 6.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | 31.0% | 6.1% |
| Q4 25 | 29.4% | 8.2% | ||
| Q3 25 | 29.5% | 1.8% | ||
| Q2 25 | 29.0% | 1.3% | ||
| Q1 25 | 26.8% | 5.8% | ||
| Q4 24 | 22.8% | 10.6% | ||
| Q3 24 | 26.4% | 3.8% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | 23.4% | 3.8% |
| Q4 25 | $0.51 | $1.84 | ||
| Q3 25 | $0.50 | $0.25 | ||
| Q2 25 | $0.45 | $0.17 | ||
| Q1 25 | $0.41 | $1.00 | ||
| Q4 24 | $0.29 | $2.55 | ||
| Q3 24 | $0.40 | $0.53 | ||
| Q2 24 | — | $0.12 | ||
| Q1 24 | $0.33 | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $184.1M |
| Total DebtLower is stronger | — | $6.5M |
| Stockholders' EquityBook value | $8.8B | $1.8B |
| Total Assets | $83.9B | $2.8B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $184.1M | ||
| Q3 25 | — | $301.8M | ||
| Q2 25 | — | $257.8M | ||
| Q1 25 | — | $181.4M | ||
| Q4 24 | — | $104.7M | ||
| Q3 24 | — | $414.8M | ||
| Q2 24 | — | $508.4M | ||
| Q1 24 | — | $507.8M |
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $6.9M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $3.0M | ||
| Q4 24 | — | $213.9M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $402.7M | ||
| Q1 24 | — | $402.8M |
| Q4 25 | $8.8B | $1.8B | ||
| Q3 25 | $8.9B | $1.7B | ||
| Q2 25 | $9.0B | $1.7B | ||
| Q1 25 | $8.7B | $1.7B | ||
| Q4 24 | $8.8B | $1.6B | ||
| Q3 24 | $9.0B | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | $8.9B | $1.6B |
| Q4 25 | $83.9B | $2.8B | ||
| Q3 25 | $83.2B | $2.7B | ||
| Q2 25 | $82.1B | $2.4B | ||
| Q1 25 | $81.5B | $2.5B | ||
| Q4 24 | $82.2B | $2.8B | ||
| Q3 24 | $82.6B | $2.7B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | $81.8B | $2.7B |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.26× | ||
| Q1 24 | — | 0.26× |
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 | $-97.3M |
| Free Cash FlowOCF − Capex | $389.0M | $-106.4M |
| FCF MarginFCF / Revenue | 43.8% | -10.8% |
| Capex IntensityCapex / Revenue | 0.8% | 0.9% |
| Cash ConversionOCF / Net Profit | 1.52× | -1.21× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $367.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $-97.3M | ||
| Q3 25 | $-200.0M | $75.1M | ||
| Q2 25 | $83.0M | $93.8M | ||
| Q1 25 | $349.0M | $333.4M | ||
| Q4 24 | $191.0M | $-111.8M | ||
| Q3 24 | $389.0M | $49.3M | ||
| Q2 24 | — | $45.5M | ||
| Q1 24 | $838.0M | $361.3M |
| Q4 25 | $389.0M | $-106.4M | ||
| Q3 25 | $-208.0M | $64.7M | ||
| Q2 25 | $74.0M | $85.7M | ||
| Q1 25 | $340.0M | $323.7M | ||
| Q4 24 | $174.0M | $-120.3M | ||
| Q3 24 | $383.0M | $38.8M | ||
| Q2 24 | — | $32.8M | ||
| Q1 24 | $828.0M | $352.3M |
| Q4 25 | 43.8% | -10.8% | ||
| Q3 25 | -23.4% | 10.6% | ||
| Q2 25 | 8.9% | 14.7% | ||
| Q1 25 | 41.9% | 38.6% | ||
| Q4 24 | 23.9% | -11.1% | ||
| Q3 24 | 46.3% | 6.0% | ||
| Q2 24 | — | 5.4% | ||
| Q1 24 | 101.1% | 46.1% |
| Q4 25 | 0.8% | 0.9% | ||
| Q3 25 | 0.9% | 1.7% | ||
| Q2 25 | 1.1% | 1.4% | ||
| Q1 25 | 1.1% | 1.2% | ||
| Q4 24 | 2.3% | 0.8% | ||
| Q3 24 | 0.7% | 1.6% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | 1.2% | 1.2% |
| Q4 25 | 1.52× | -1.21× | ||
| Q3 25 | -0.76× | 6.86× | ||
| Q2 25 | 0.34× | 12.09× | ||
| Q1 25 | 1.60× | 6.83× | ||
| Q4 24 | 1.15× | -0.97× | ||
| Q3 24 | 1.78× | 2.04× | ||
| Q2 24 | — | 7.84× | ||
| Q1 24 | 4.36× | 12.52× |
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% |
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
