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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $745.1M, roughly 1.2× Life Time Group Holdings, Inc.). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 16.5%, a 12.9% gap on every dollar of revenue. On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 12.3%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $-64.6M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 11.7%).
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.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
FHN vs LTH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $888.0M | $745.1M |
| Net Profit | $261.0M | $123.0M |
| Gross Margin | — | 49.1% |
| Operating Margin | 38.5% | 17.4% |
| Net Margin | 29.4% | 16.5% |
| Revenue YoY | 21.8% | 12.3% |
| Net Profit YoY | 57.2% | 231.0% |
| EPS (diluted) | $0.51 | $0.55 |
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 | $745.1M | ||
| Q3 25 | $889.0M | $782.6M | ||
| Q2 25 | $830.0M | $761.5M | ||
| Q1 25 | $812.0M | $706.0M | ||
| Q4 24 | $729.0M | $663.3M | ||
| Q3 24 | $827.0M | $693.2M | ||
| Q2 24 | — | $667.8M | ||
| Q1 24 | $819.0M | $596.7M |
| Q4 25 | $261.0M | $123.0M | ||
| Q3 25 | $262.0M | $102.4M | ||
| Q2 25 | $241.0M | $72.1M | ||
| Q1 25 | $218.0M | $76.1M | ||
| Q4 24 | $166.0M | $37.2M | ||
| Q3 24 | $218.0M | $41.4M | ||
| Q2 24 | — | $52.8M | ||
| Q1 24 | $192.0M | $24.9M |
| Q4 25 | — | 49.1% | ||
| Q3 25 | — | 47.1% | ||
| Q2 25 | — | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 46.8% | ||
| Q1 24 | — | 46.1% |
| Q4 25 | 38.5% | 17.4% | ||
| Q3 25 | 38.7% | 17.3% | ||
| Q2 25 | 37.2% | 14.2% | ||
| Q1 25 | 35.1% | 15.2% | ||
| Q4 24 | 28.8% | 13.1% | ||
| Q3 24 | 34.0% | 13.5% | ||
| Q2 24 | — | 15.7% | ||
| Q1 24 | 31.0% | 12.1% |
| Q4 25 | 29.4% | 16.5% | ||
| Q3 25 | 29.5% | 13.1% | ||
| Q2 25 | 29.0% | 9.5% | ||
| Q1 25 | 26.8% | 10.8% | ||
| Q4 24 | 22.8% | 5.6% | ||
| Q3 24 | 26.4% | 6.0% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | 23.4% | 4.2% |
| Q4 25 | $0.51 | $0.55 | ||
| Q3 25 | $0.50 | $0.45 | ||
| Q2 25 | $0.45 | $0.32 | ||
| Q1 25 | $0.41 | $0.34 | ||
| Q4 24 | $0.29 | $0.17 | ||
| Q3 24 | $0.40 | $0.19 | ||
| Q2 24 | — | $0.26 | ||
| Q1 24 | $0.33 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $204.8M |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $8.8B | $3.1B |
| Total Assets | $83.9B | $8.0B |
| Debt / EquityLower = less leverage | — | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $204.8M | ||
| Q3 25 | — | $218.9M | ||
| Q2 25 | — | $175.5M | ||
| Q1 25 | — | $59.0M | ||
| Q4 24 | — | $10.9M | ||
| Q3 24 | — | $120.9M | ||
| Q2 24 | — | $34.5M | ||
| Q1 24 | — | $18.6M |
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | $8.8B | $3.1B | ||
| Q3 25 | $8.9B | $3.0B | ||
| Q2 25 | $9.0B | $2.9B | ||
| Q1 25 | $8.7B | $2.7B | ||
| Q4 24 | $8.8B | $2.6B | ||
| Q3 24 | $9.0B | $2.6B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $8.9B | $2.3B |
| Q4 25 | $83.9B | $8.0B | ||
| Q3 25 | $83.2B | $7.8B | ||
| Q2 25 | $82.1B | $7.6B | ||
| Q1 25 | $81.5B | $7.3B | ||
| Q4 24 | $82.2B | $7.2B | ||
| Q3 24 | $82.6B | $7.2B | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | $81.8B | $7.1B |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.87× |
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 | $239.9M |
| Free Cash FlowOCF − Capex | $389.0M | $-64.6M |
| FCF MarginFCF / Revenue | 43.8% | -8.7% |
| Capex IntensityCapex / Revenue | 0.8% | 40.9% |
| Cash ConversionOCF / Net Profit | 1.52× | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $239.9M | ||
| Q3 25 | $-200.0M | $251.1M | ||
| Q2 25 | $83.0M | $195.7M | ||
| Q1 25 | $349.0M | $183.9M | ||
| Q4 24 | $191.0M | $163.1M | ||
| Q3 24 | $389.0M | $151.1M | ||
| Q2 24 | — | $170.4M | ||
| Q1 24 | $838.0M | $90.4M |
| Q4 25 | $389.0M | $-64.6M | ||
| Q3 25 | $-208.0M | $28.6M | ||
| Q2 25 | $74.0M | $-26.3M | ||
| Q1 25 | $340.0M | $41.4M | ||
| Q4 24 | $174.0M | $26.8M | ||
| Q3 24 | $383.0M | $64.0M | ||
| Q2 24 | — | $26.1M | ||
| Q1 24 | $828.0M | $-66.4M |
| Q4 25 | 43.8% | -8.7% | ||
| Q3 25 | -23.4% | 3.7% | ||
| Q2 25 | 8.9% | -3.5% | ||
| Q1 25 | 41.9% | 5.9% | ||
| Q4 24 | 23.9% | 4.0% | ||
| Q3 24 | 46.3% | 9.2% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | 101.1% | -11.1% |
| Q4 25 | 0.8% | 40.9% | ||
| Q3 25 | 0.9% | 28.4% | ||
| Q2 25 | 1.1% | 29.2% | ||
| Q1 25 | 1.1% | 20.2% | ||
| Q4 24 | 2.3% | 20.6% | ||
| Q3 24 | 0.7% | 12.6% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | 1.2% | 26.3% |
| Q4 25 | 1.52× | 1.95× | ||
| Q3 25 | -0.76× | 2.45× | ||
| Q2 25 | 0.34× | 2.71× | ||
| Q1 25 | 1.60× | 2.41× | ||
| Q4 24 | 1.15× | 4.39× | ||
| Q3 24 | 1.78× | 3.65× | ||
| Q2 24 | — | 3.23× | ||
| Q1 24 | 4.36× | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |