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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $888.0M, roughly 1.7× FIRST HORIZON CORP). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 4.4%, a 25.0% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs 21.8%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $379.8M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 20.0%).

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.

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

FHN vs ONC — Head-to-Head

Bigger by revenue
ONC
ONC
1.7× larger
ONC
$1.5B
$888.0M
FHN
Growing faster (revenue YoY)
ONC
ONC
+11.0% gap
ONC
32.8%
21.8%
FHN
Higher net margin
FHN
FHN
25.0% more per $
FHN
29.4%
4.4%
ONC
More free cash flow
FHN
FHN
$9.2M more FCF
FHN
$389.0M
$379.8M
ONC
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
20.0%
FHN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FHN
FHN
ONC
ONC
Revenue
$888.0M
$1.5B
Net Profit
$261.0M
$66.5M
Gross Margin
90.5%
Operating Margin
38.5%
12.4%
Net Margin
29.4%
4.4%
Revenue YoY
21.8%
32.8%
Net Profit YoY
57.2%
143.8%
EPS (diluted)
$0.51
$0.05

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.

Revenue
FHN
FHN
ONC
ONC
Q4 25
$888.0M
$1.5B
Q3 25
$889.0M
$1.4B
Q2 25
$830.0M
$1.3B
Q1 25
$812.0M
$1.1B
Q4 24
$729.0M
$1.1B
Q3 24
$827.0M
$1.0B
Q2 24
$929.2M
Q1 24
$819.0M
$751.7M
Net Profit
FHN
FHN
ONC
ONC
Q4 25
$261.0M
$66.5M
Q3 25
$262.0M
$124.8M
Q2 25
$241.0M
$94.3M
Q1 25
$218.0M
$1.3M
Q4 24
$166.0M
$-151.9M
Q3 24
$218.0M
$-121.3M
Q2 24
$-120.4M
Q1 24
$192.0M
$-251.2M
Gross Margin
FHN
FHN
ONC
ONC
Q4 25
90.5%
Q3 25
86.1%
Q2 25
87.5%
Q1 25
85.2%
Q4 24
85.8%
Q3 24
83.0%
Q2 24
85.1%
Q1 24
83.4%
Operating Margin
FHN
FHN
ONC
ONC
Q4 25
38.5%
12.4%
Q3 25
38.7%
11.5%
Q2 25
37.2%
6.7%
Q1 25
35.1%
1.0%
Q4 24
28.8%
-7.0%
Q3 24
34.0%
-12.0%
Q2 24
-11.5%
Q1 24
31.0%
-34.8%
Net Margin
FHN
FHN
ONC
ONC
Q4 25
29.4%
4.4%
Q3 25
29.5%
8.8%
Q2 25
29.0%
7.2%
Q1 25
26.8%
0.1%
Q4 24
22.8%
-13.5%
Q3 24
26.4%
-12.1%
Q2 24
-13.0%
Q1 24
23.4%
-33.4%
EPS (diluted)
FHN
FHN
ONC
ONC
Q4 25
$0.51
$0.05
Q3 25
$0.50
$0.08
Q2 25
$0.45
$0.06
Q1 25
$0.41
$0.00
Q4 24
$0.29
$-0.10
Q3 24
$0.40
$-0.09
Q2 24
$-0.09
Q1 24
$0.33
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FHN
FHN
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$8.8B
$4.4B
Total Assets
$83.9B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHN
FHN
ONC
ONC
Q4 25
$4.5B
Q3 25
$4.0B
Q2 25
$2.8B
Q1 25
$2.5B
Q4 24
$2.6B
Q3 24
$2.7B
Q2 24
$2.6B
Q1 24
$2.8B
Total Debt
FHN
FHN
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FHN
FHN
ONC
ONC
Q4 25
$8.8B
$4.4B
Q3 25
$8.9B
$4.1B
Q2 25
$9.0B
$3.8B
Q1 25
$8.7B
$3.5B
Q4 24
$8.8B
$3.3B
Q3 24
$9.0B
$3.4B
Q2 24
$3.4B
Q1 24
$8.9B
$3.4B
Total Assets
FHN
FHN
ONC
ONC
Q4 25
$83.9B
$8.2B
Q3 25
$83.2B
$7.6B
Q2 25
$82.1B
$6.3B
Q1 25
$81.5B
$5.8B
Q4 24
$82.2B
$5.9B
Q3 24
$82.6B
$5.8B
Q2 24
$5.7B
Q1 24
$81.8B
$5.7B
Debt / Equity
FHN
FHN
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FHN
FHN
ONC
ONC
Operating Cash FlowLast quarter
$396.0M
$417.3M
Free Cash FlowOCF − Capex
$389.0M
$379.8M
FCF MarginFCF / Revenue
43.8%
25.4%
Capex IntensityCapex / Revenue
0.8%
2.5%
Cash ConversionOCF / Net Profit
1.52×
6.28×
TTM Free Cash FlowTrailing 4 quarters
$595.0M
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHN
FHN
ONC
ONC
Q4 25
$396.0M
$417.3M
Q3 25
$-200.0M
$402.6M
Q2 25
$83.0M
$263.6M
Q1 25
$349.0M
$44.1M
Q4 24
$191.0M
$75.2M
Q3 24
$389.0M
$188.4M
Q2 24
$-95.6M
Q1 24
$838.0M
$-308.6M
Free Cash Flow
FHN
FHN
ONC
ONC
Q4 25
$389.0M
$379.8M
Q3 25
$-208.0M
$354.5M
Q2 25
$74.0M
$219.8M
Q1 25
$340.0M
$-12.3M
Q4 24
$174.0M
$-17.3M
Q3 24
$383.0M
$54.7M
Q2 24
$-205.5M
Q1 24
$828.0M
$-465.1M
FCF Margin
FHN
FHN
ONC
ONC
Q4 25
43.8%
25.4%
Q3 25
-23.4%
25.1%
Q2 25
8.9%
16.7%
Q1 25
41.9%
-1.1%
Q4 24
23.9%
-1.5%
Q3 24
46.3%
5.5%
Q2 24
-22.1%
Q1 24
101.1%
-61.9%
Capex Intensity
FHN
FHN
ONC
ONC
Q4 25
0.8%
2.5%
Q3 25
0.9%
3.4%
Q2 25
1.1%
3.3%
Q1 25
1.1%
5.0%
Q4 24
2.3%
8.2%
Q3 24
0.7%
13.3%
Q2 24
11.8%
Q1 24
1.2%
20.8%
Cash Conversion
FHN
FHN
ONC
ONC
Q4 25
1.52×
6.28×
Q3 25
-0.76×
3.22×
Q2 25
0.34×
2.79×
Q1 25
1.60×
34.71×
Q4 24
1.15×
Q3 24
1.78×
Q2 24
Q1 24
4.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FHN
FHN

Commercial Consumer And Wealth Segment$776.0M87%
Other$88.0M10%
Corporate$24.0M3%

ONC
ONC

Segment breakdown not available.

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