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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and INSPERITY, INC. (NSP). Click either name above to swap in a different company.
INSPERITY, INC. is the larger business by last-quarter revenue ($1.7B vs $888.0M, roughly 1.9× FIRST HORIZON CORP). On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 3.4%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $246.0M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs -3.8%).
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.
Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.
FHN vs NSP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $1.7B |
| Net Profit | $261.0M | — |
| Gross Margin | — | 10.3% |
| Operating Margin | 38.5% | -2.8% |
| Net Margin | 29.4% | — |
| Revenue YoY | 21.8% | 3.4% |
| Net Profit YoY | 57.2% | — |
| EPS (diluted) | $0.51 | $-0.87 |
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 | $1.7B | ||
| Q3 25 | $889.0M | $1.6B | ||
| Q2 25 | $830.0M | $1.7B | ||
| Q1 25 | $812.0M | $1.9B | ||
| Q4 24 | $729.0M | $1.6B | ||
| Q3 24 | $827.0M | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | $819.0M | $1.8B |
| Q4 25 | $261.0M | — | ||
| Q3 25 | $262.0M | $-20.0M | ||
| Q2 25 | $241.0M | $-5.0M | ||
| Q1 25 | $218.0M | $51.0M | ||
| Q4 24 | $166.0M | — | ||
| Q3 24 | $218.0M | $3.0M | ||
| Q2 24 | — | $18.0M | ||
| Q1 24 | $192.0M | $79.0M |
| Q4 25 | — | 10.3% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 14.7% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | — | 19.1% |
| Q4 25 | 38.5% | -2.8% | ||
| Q3 25 | 38.7% | -1.5% | ||
| Q2 25 | 37.2% | -0.4% | ||
| Q1 25 | 35.1% | 3.7% | ||
| Q4 24 | 28.8% | -0.9% | ||
| Q3 24 | 34.0% | 0.1% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | 31.0% | 6.0% |
| Q4 25 | 29.4% | — | ||
| Q3 25 | 29.5% | -1.2% | ||
| Q2 25 | 29.0% | -0.3% | ||
| Q1 25 | 26.8% | 2.7% | ||
| Q4 24 | 22.8% | — | ||
| Q3 24 | 26.4% | 0.2% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | 23.4% | 4.4% |
| Q4 25 | $0.51 | $-0.87 | ||
| Q3 25 | $0.50 | $-0.53 | ||
| Q2 25 | $0.45 | $-0.14 | ||
| Q1 25 | $0.41 | $1.35 | ||
| Q4 24 | $0.29 | $-0.21 | ||
| Q3 24 | $0.40 | $0.07 | ||
| Q2 24 | — | $0.48 | ||
| Q1 24 | $0.33 | $2.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $682.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.8B | $46.0M |
| Total Assets | $83.9B | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $682.0M | ||
| Q3 25 | — | $521.0M | ||
| Q2 25 | — | $511.0M | ||
| Q1 25 | — | $684.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $596.0M | ||
| Q2 24 | — | $850.0M | ||
| Q1 24 | — | $801.0M |
| Q4 25 | $8.8B | $46.0M | ||
| Q3 25 | $8.9B | $87.0M | ||
| Q2 25 | $9.0B | $112.0M | ||
| Q1 25 | $8.7B | $119.0M | ||
| Q4 24 | $8.8B | $97.0M | ||
| Q3 24 | $9.0B | $125.0M | ||
| Q2 24 | — | $142.0M | ||
| Q1 24 | $8.9B | $140.0M |
| Q4 25 | $83.9B | $2.2B | ||
| Q3 25 | $83.2B | $2.0B | ||
| Q2 25 | $82.1B | $2.0B | ||
| Q1 25 | $81.5B | $2.1B | ||
| Q4 24 | $82.2B | $2.6B | ||
| Q3 24 | $82.6B | $1.9B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | $81.8B | $2.1B |
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 | $255.0M |
| Free Cash FlowOCF − Capex | $389.0M | $246.0M |
| FCF MarginFCF / Revenue | 43.8% | 14.7% |
| Capex IntensityCapex / Revenue | 0.8% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $-309.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $255.0M | ||
| Q3 25 | $-200.0M | $-11.0M | ||
| Q2 25 | $83.0M | $-79.0M | ||
| Q1 25 | $349.0M | $-443.0M | ||
| Q4 24 | $191.0M | $619.0M | ||
| Q3 24 | $389.0M | $-150.0M | ||
| Q2 24 | — | $20.0M | ||
| Q1 24 | $838.0M | $31.0M |
| Q4 25 | $389.0M | $246.0M | ||
| Q3 25 | $-208.0M | $-20.0M | ||
| Q2 25 | $74.0M | $-86.0M | ||
| Q1 25 | $340.0M | $-449.0M | ||
| Q4 24 | $174.0M | $606.0M | ||
| Q3 24 | $383.0M | $-164.0M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | $828.0M | $26.0M |
| Q4 25 | 43.8% | 14.7% | ||
| Q3 25 | -23.4% | -1.2% | ||
| Q2 25 | 8.9% | -5.2% | ||
| Q1 25 | 41.9% | -24.1% | ||
| Q4 24 | 23.9% | 37.6% | ||
| Q3 24 | 46.3% | -10.5% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | 101.1% | 1.4% |
| Q4 25 | 0.8% | 0.5% | ||
| Q3 25 | 0.9% | 0.6% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 1.1% | 0.3% | ||
| Q4 24 | 2.3% | 0.8% | ||
| Q3 24 | 0.7% | 0.9% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | 1.2% | 0.3% |
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 1.60× | -8.69× | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.78× | -50.00× | ||
| Q2 24 | — | 1.11× | ||
| Q1 24 | 4.36× | 0.39× |
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% |
NSP
| Northeast | $455.0M | 27% |
| West | $339.0M | 20% |
| Southwest | $317.0M | 19% |
| Central | $299.0M | 18% |
| Southeast | $241.0M | 14% |
| Other Revenues | $17.0M | 1% |
