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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and PHINIA INC. (PHIN). Click either name above to swap in a different company.
PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $888.0M, roughly 1.0× FIRST HORIZON CORP). On growth, FIRST HORIZON CORP posted the faster year-over-year revenue change (21.8% vs 6.7%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $67.0M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 1.5%).
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.
PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.
FHN vs PHIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $889.0M |
| Net Profit | $261.0M | — |
| Gross Margin | — | 21.7% |
| Operating Margin | 38.5% | 7.8% |
| Net Margin | 29.4% | — |
| Revenue YoY | 21.8% | 6.7% |
| Net Profit YoY | 57.2% | — |
| EPS (diluted) | $0.51 | $1.14 |
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 | $889.0M | ||
| Q3 25 | $889.0M | $908.0M | ||
| Q2 25 | $830.0M | $890.0M | ||
| Q1 25 | $812.0M | $796.0M | ||
| Q4 24 | $729.0M | $833.0M | ||
| Q3 24 | $827.0M | $839.0M | ||
| Q2 24 | — | $868.0M | ||
| Q1 24 | $819.0M | $863.0M |
| Q4 25 | $261.0M | — | ||
| Q3 25 | $262.0M | $13.0M | ||
| Q2 25 | $241.0M | $46.0M | ||
| Q1 25 | $218.0M | $26.0M | ||
| Q4 24 | $166.0M | — | ||
| Q3 24 | $218.0M | $31.0M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | $192.0M | $29.0M |
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 22.0% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 22.7% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 22.2% |
| Q4 25 | 38.5% | 7.8% | ||
| Q3 25 | 38.7% | 3.7% | ||
| Q2 25 | 37.2% | 10.0% | ||
| Q1 25 | 35.1% | 7.8% | ||
| Q4 24 | 28.8% | 6.1% | ||
| Q3 24 | 34.0% | 7.9% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | 31.0% | 8.2% |
| Q4 25 | 29.4% | — | ||
| Q3 25 | 29.5% | 1.4% | ||
| Q2 25 | 29.0% | 5.2% | ||
| Q1 25 | 26.8% | 3.3% | ||
| Q4 24 | 22.8% | — | ||
| Q3 24 | 26.4% | 3.7% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | 23.4% | 3.4% |
| Q4 25 | $0.51 | $1.14 | ||
| Q3 25 | $0.50 | $0.33 | ||
| Q2 25 | $0.45 | $1.14 | ||
| Q1 25 | $0.41 | $0.63 | ||
| Q4 24 | $0.29 | $0.13 | ||
| Q3 24 | $0.40 | $0.70 | ||
| Q2 24 | — | $0.31 | ||
| Q1 24 | $0.33 | $0.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $359.0M |
| Total DebtLower is stronger | — | $970.0M |
| Stockholders' EquityBook value | $8.8B | $1.6B |
| Total Assets | $83.9B | $3.8B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $359.0M | ||
| Q3 25 | — | $349.0M | ||
| Q2 25 | — | $347.0M | ||
| Q1 25 | — | $373.0M | ||
| Q4 24 | — | $484.0M | ||
| Q3 24 | — | $477.0M | ||
| Q2 24 | — | $339.0M | ||
| Q1 24 | — | $325.0M |
| Q4 25 | — | $970.0M | ||
| Q3 25 | — | $990.0M | ||
| Q2 25 | — | $990.0M | ||
| Q1 25 | — | $989.0M | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | $987.0M | ||
| Q2 24 | — | $821.0M | ||
| Q1 24 | — | $706.0M |
| Q4 25 | $8.8B | $1.6B | ||
| Q3 25 | $8.9B | $1.6B | ||
| Q2 25 | $9.0B | $1.6B | ||
| Q1 25 | $8.7B | $1.5B | ||
| Q4 24 | $8.8B | $1.6B | ||
| Q3 24 | $9.0B | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | $8.9B | $1.9B |
| Q4 25 | $83.9B | $3.8B | ||
| Q3 25 | $83.2B | $4.0B | ||
| Q2 25 | $82.1B | $3.9B | ||
| Q1 25 | $81.5B | $3.7B | ||
| Q4 24 | $82.2B | $3.8B | ||
| Q3 24 | $82.6B | $4.0B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | $81.8B | $4.0B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.38× |
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 | $96.0M |
| Free Cash FlowOCF − Capex | $389.0M | $67.0M |
| FCF MarginFCF / Revenue | 43.8% | 7.5% |
| Capex IntensityCapex / Revenue | 0.8% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $188.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $396.0M | $96.0M | ||
| Q3 25 | $-200.0M | $119.0M | ||
| Q2 25 | $83.0M | $57.0M | ||
| Q1 25 | $349.0M | $40.0M | ||
| Q4 24 | $191.0M | $73.0M | ||
| Q3 24 | $389.0M | $95.0M | ||
| Q2 24 | — | $109.0M | ||
| Q1 24 | $838.0M | $31.0M |
| Q4 25 | $389.0M | $67.0M | ||
| Q3 25 | $-208.0M | $93.0M | ||
| Q2 25 | $74.0M | $23.0M | ||
| Q1 25 | $340.0M | $5.0M | ||
| Q4 24 | $174.0M | $53.0M | ||
| Q3 24 | $383.0M | $70.0M | ||
| Q2 24 | — | $92.0M | ||
| Q1 24 | $828.0M | $-12.0M |
| Q4 25 | 43.8% | 7.5% | ||
| Q3 25 | -23.4% | 10.2% | ||
| Q2 25 | 8.9% | 2.6% | ||
| Q1 25 | 41.9% | 0.6% | ||
| Q4 24 | 23.9% | 6.4% | ||
| Q3 24 | 46.3% | 8.3% | ||
| Q2 24 | — | 10.6% | ||
| Q1 24 | 101.1% | -1.4% |
| Q4 25 | 0.8% | 3.3% | ||
| Q3 25 | 0.9% | 2.9% | ||
| Q2 25 | 1.1% | 3.8% | ||
| Q1 25 | 1.1% | 4.4% | ||
| Q4 24 | 2.3% | 2.4% | ||
| Q3 24 | 0.7% | 3.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 1.2% | 5.0% |
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | 9.15× | ||
| Q2 25 | 0.34× | 1.24× | ||
| Q1 25 | 1.60× | 1.54× | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.78× | 3.06× | ||
| Q2 24 | — | 7.79× | ||
| Q1 24 | 4.36× | 1.07× |
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% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
