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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $592.6M, roughly 1.5× KENNAMETAL INC). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 10.3%, a 19.1% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (21.8% vs 21.8%). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 4.4%).
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.
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
FHN vs KMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $592.6M |
| Net Profit | $261.0M | $61.1M |
| Gross Margin | — | 35.1% |
| Operating Margin | 38.5% | 13.4% |
| Net Margin | 29.4% | 10.3% |
| Revenue YoY | 21.8% | 21.8% |
| Net Profit YoY | 57.2% | 85.0% |
| EPS (diluted) | $0.51 | $0.75 |
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.
| Q1 26 | — | $592.6M | ||
| Q4 25 | $888.0M | $529.5M | ||
| Q3 25 | $889.0M | $498.0M | ||
| Q2 25 | $830.0M | $516.4M | ||
| Q1 25 | $812.0M | $486.4M | ||
| Q4 24 | $729.0M | $482.1M | ||
| Q3 24 | $827.0M | $481.9M | ||
| Q2 24 | — | $543.3M |
| Q1 26 | — | $61.1M | ||
| Q4 25 | $261.0M | $33.9M | ||
| Q3 25 | $262.0M | $23.3M | ||
| Q2 25 | $241.0M | $21.6M | ||
| Q1 25 | $218.0M | $31.5M | ||
| Q4 24 | $166.0M | $17.9M | ||
| Q3 24 | $218.0M | $22.1M | ||
| Q2 24 | — | $37.2M |
| Q1 26 | — | 35.1% | ||
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 32.1% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 31.3% | ||
| Q2 24 | — | 31.5% |
| Q1 26 | — | 13.4% | ||
| Q4 25 | 38.5% | 9.9% | ||
| Q3 25 | 38.7% | 7.5% | ||
| Q2 25 | 37.2% | 6.1% | ||
| Q1 25 | 35.1% | 9.1% | ||
| Q4 24 | 28.8% | 6.6% | ||
| Q3 24 | 34.0% | 7.5% | ||
| Q2 24 | — | 11.3% |
| Q1 26 | — | 10.3% | ||
| Q4 25 | 29.4% | 6.4% | ||
| Q3 25 | 29.5% | 4.7% | ||
| Q2 25 | 29.0% | 4.2% | ||
| Q1 25 | 26.8% | 6.5% | ||
| Q4 24 | 22.8% | 3.7% | ||
| Q3 24 | 26.4% | 4.6% | ||
| Q2 24 | — | 6.8% |
| Q1 26 | — | $0.75 | ||
| Q4 25 | $0.51 | $0.44 | ||
| Q3 25 | $0.50 | $0.30 | ||
| Q2 25 | $0.45 | $0.28 | ||
| Q1 25 | $0.41 | $0.41 | ||
| Q4 24 | $0.29 | $0.23 | ||
| Q3 24 | $0.40 | $0.28 | ||
| Q2 24 | — | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $106.8M |
| Total DebtLower is stronger | — | $597.4M |
| Stockholders' EquityBook value | $8.8B | — |
| Total Assets | $83.9B | $2.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $106.8M | ||
| Q4 25 | — | $129.3M | ||
| Q3 25 | — | $103.5M | ||
| Q2 25 | — | $140.5M | ||
| Q1 25 | — | $97.5M | ||
| Q4 24 | — | $121.2M | ||
| Q3 24 | — | $119.6M | ||
| Q2 24 | — | $128.0M |
| Q1 26 | — | $597.4M | ||
| Q4 25 | — | $597.2M | ||
| Q3 25 | — | $597.0M | ||
| Q2 25 | — | $596.8M | ||
| Q1 25 | — | $596.6M | ||
| Q4 24 | — | $596.4M | ||
| Q3 24 | — | $596.2M | ||
| Q2 24 | — | $596.0M |
| Q1 26 | — | — | ||
| Q4 25 | $8.8B | $1.3B | ||
| Q3 25 | $8.9B | $1.3B | ||
| Q2 25 | $9.0B | $1.3B | ||
| Q1 25 | $8.7B | $1.2B | ||
| Q4 24 | $8.8B | $1.2B | ||
| Q3 24 | $9.0B | $1.3B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $83.9B | $2.6B | ||
| Q3 25 | $83.2B | $2.5B | ||
| Q2 25 | $82.1B | $2.5B | ||
| Q1 25 | $81.5B | $2.5B | ||
| Q4 24 | $82.2B | $2.4B | ||
| Q3 24 | $82.6B | $2.5B | ||
| Q2 24 | — | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.48× |
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 | — |
| Free Cash FlowOCF − Capex | $389.0M | — |
| FCF MarginFCF / Revenue | 43.8% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $396.0M | $55.1M | ||
| Q3 25 | $-200.0M | $17.5M | ||
| Q2 25 | $83.0M | $78.6M | ||
| Q1 25 | $349.0M | $28.8M | ||
| Q4 24 | $191.0M | $55.2M | ||
| Q3 24 | $389.0M | $45.7M | ||
| Q2 24 | — | $113.6M |
| Q1 26 | — | — | ||
| Q4 25 | $389.0M | $42.4M | ||
| Q3 25 | $-208.0M | $-5.5M | ||
| Q2 25 | $74.0M | $57.1M | ||
| Q1 25 | $340.0M | $5.3M | ||
| Q4 24 | $174.0M | $35.9M | ||
| Q3 24 | $383.0M | $21.0M | ||
| Q2 24 | — | $90.3M |
| Q1 26 | — | — | ||
| Q4 25 | 43.8% | 8.0% | ||
| Q3 25 | -23.4% | -1.1% | ||
| Q2 25 | 8.9% | 11.1% | ||
| Q1 25 | 41.9% | 1.1% | ||
| Q4 24 | 23.9% | 7.5% | ||
| Q3 24 | 46.3% | 4.4% | ||
| Q2 24 | — | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 2.4% | ||
| Q3 25 | 0.9% | 4.6% | ||
| Q2 25 | 1.1% | 4.2% | ||
| Q1 25 | 1.1% | 4.8% | ||
| Q4 24 | 2.3% | 4.0% | ||
| Q3 24 | 0.7% | 5.1% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | 1.63× | ||
| Q3 25 | -0.76× | 0.75× | ||
| Q2 25 | 0.34× | 3.64× | ||
| Q1 25 | 1.60× | 0.92× | ||
| Q4 24 | 1.15× | 3.08× | ||
| Q3 24 | 1.78× | 2.07× | ||
| Q2 24 | — | 3.06× |
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% |
KMT
| Americas | $298.3M | 50% |
| EMEA | $174.0M | 29% |
| Asia Pacific | $120.3M | 20% |
