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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and Hillenbrand, Inc. (HI). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $550.2M, roughly 1.6× Hillenbrand, Inc.). FIRST HORIZON CORP runs the higher net margin — 29.4% vs -0.4%, a 29.8% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs -22.2%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $-31.6M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs -16.3%).
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.
Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.
FHN vs HI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $550.2M |
| Net Profit | $261.0M | $-2.2M |
| Gross Margin | — | 33.4% |
| Operating Margin | 38.5% | -2.2% |
| Net Margin | 29.4% | -0.4% |
| Revenue YoY | 21.8% | -22.2% |
| Net Profit YoY | 57.2% | -134.4% |
| EPS (diluted) | $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.
| Q4 25 | $888.0M | $550.2M | ||
| Q3 25 | $889.0M | $652.1M | ||
| Q2 25 | $830.0M | $598.9M | ||
| Q1 25 | $812.0M | $715.9M | ||
| Q4 24 | $729.0M | $706.9M | ||
| Q3 24 | $827.0M | $837.6M | ||
| Q2 24 | — | $786.6M | ||
| Q1 24 | $819.0M | $785.3M |
| Q4 25 | $261.0M | $-2.2M | ||
| Q3 25 | $262.0M | $75.7M | ||
| Q2 25 | $241.0M | $1.9M | ||
| Q1 25 | $218.0M | $-40.9M | ||
| Q4 24 | $166.0M | $6.4M | ||
| Q3 24 | $218.0M | $14.6M | ||
| Q2 24 | — | $-248.9M | ||
| Q1 24 | $192.0M | $6.1M |
| Q4 25 | — | 33.4% | ||
| Q3 25 | — | 34.8% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 33.0% | ||
| Q4 24 | — | 33.2% | ||
| Q3 24 | — | 34.4% | ||
| Q2 24 | — | 33.9% | ||
| Q1 24 | — | 31.9% |
| Q4 25 | 38.5% | -2.2% | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 37.2% | 1.8% | ||
| Q1 25 | 35.1% | -6.2% | ||
| Q4 24 | 28.8% | 2.2% | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | — | -32.7% | ||
| Q1 24 | 31.0% | 1.6% |
| Q4 25 | 29.4% | -0.4% | ||
| Q3 25 | 29.5% | 11.6% | ||
| Q2 25 | 29.0% | 0.3% | ||
| Q1 25 | 26.8% | -5.7% | ||
| Q4 24 | 22.8% | 0.9% | ||
| Q3 24 | 26.4% | 1.7% | ||
| Q2 24 | — | -31.6% | ||
| Q1 24 | 23.4% | 0.8% |
| Q4 25 | $0.51 | — | ||
| Q3 25 | $0.50 | $1.07 | ||
| Q2 25 | $0.45 | $0.03 | ||
| Q1 25 | $0.41 | $-0.58 | ||
| Q4 24 | $0.29 | $0.09 | ||
| Q3 24 | $0.40 | $0.20 | ||
| Q2 24 | — | $-3.53 | ||
| Q1 24 | $0.33 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $173.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.8B | $1.4B |
| Total Assets | $83.9B | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $173.1M | ||
| Q3 25 | — | $164.8M | ||
| Q2 25 | — | $162.8M | ||
| Q1 25 | — | $458.4M | ||
| Q4 24 | — | $208.0M | ||
| Q3 24 | — | $199.3M | ||
| Q2 24 | — | $223.8M | ||
| Q1 24 | — | $224.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.1B |
| Q4 25 | $8.8B | $1.4B | ||
| Q3 25 | $8.9B | $1.4B | ||
| Q2 25 | $9.0B | $1.3B | ||
| Q1 25 | $8.7B | $1.3B | ||
| Q4 24 | $8.8B | $1.4B | ||
| Q3 24 | $9.0B | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | $8.9B | $1.7B |
| Q4 25 | $83.9B | $4.5B | ||
| Q3 25 | $83.2B | $4.5B | ||
| Q2 25 | $82.1B | $4.7B | ||
| Q1 25 | $81.5B | $4.8B | ||
| Q4 24 | $82.2B | $5.1B | ||
| Q3 24 | $82.6B | $5.2B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | $81.8B | $5.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.48× | ||
| Q1 24 | — | 1.28× |
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 | $-27.4M |
| Free Cash FlowOCF − Capex | $389.0M | $-31.6M |
| FCF MarginFCF / Revenue | 43.8% | -5.7% |
| Capex IntensityCapex / Revenue | 0.8% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $7.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $-27.4M | ||
| Q3 25 | $-200.0M | $67.7M | ||
| Q2 25 | $83.0M | $-1.5M | ||
| Q1 25 | $349.0M | $1.3M | ||
| Q4 24 | $191.0M | $-11.3M | ||
| Q3 24 | $389.0M | $166.5M | ||
| Q2 24 | — | $45.6M | ||
| Q1 24 | $838.0M | $3.2M |
| Q4 25 | $389.0M | $-31.6M | ||
| Q3 25 | $-208.0M | $58.6M | ||
| Q2 25 | $74.0M | $-11.2M | ||
| Q1 25 | $340.0M | $-8.0M | ||
| Q4 24 | $174.0M | $-21.5M | ||
| Q3 24 | $383.0M | $153.4M | ||
| Q2 24 | — | $29.7M | ||
| Q1 24 | $828.0M | $-9.6M |
| Q4 25 | 43.8% | -5.7% | ||
| Q3 25 | -23.4% | 9.0% | ||
| Q2 25 | 8.9% | -1.9% | ||
| Q1 25 | 41.9% | -1.1% | ||
| Q4 24 | 23.9% | -3.0% | ||
| Q3 24 | 46.3% | 18.3% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | 101.1% | -1.2% |
| Q4 25 | 0.8% | 0.8% | ||
| Q3 25 | 0.9% | 1.4% | ||
| Q2 25 | 1.1% | 1.6% | ||
| Q1 25 | 1.1% | 1.3% | ||
| Q4 24 | 2.3% | 1.4% | ||
| Q3 24 | 0.7% | 1.6% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 1.2% | 1.6% |
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | 0.89× | ||
| Q2 25 | 0.34× | -0.79× | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.15× | -1.77× | ||
| Q3 24 | 1.78× | 11.40× | ||
| Q2 24 | — | — | ||
| Q1 24 | 4.36× | 0.52× |
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% |
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
