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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and STEVEN MADDEN, LTD. (SHOO). Click either name above to swap in a different company.

FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $749.8M, roughly 1.2× STEVEN MADDEN, LTD.). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 3.3%, a 26.1% gap on every dollar of revenue. On growth, STEVEN MADDEN, LTD. posted the faster year-over-year revenue change (29.5% vs 21.8%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $80.8M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 16.7%).

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.

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

FHN vs SHOO — Head-to-Head

Bigger by revenue
FHN
FHN
1.2× larger
FHN
$888.0M
$749.8M
SHOO
Growing faster (revenue YoY)
SHOO
SHOO
+7.7% gap
SHOO
29.5%
21.8%
FHN
Higher net margin
FHN
FHN
26.1% more per $
FHN
29.4%
3.3%
SHOO
More free cash flow
FHN
FHN
$308.2M more FCF
FHN
$389.0M
$80.8M
SHOO
Faster 2-yr revenue CAGR
FHN
FHN
Annualised
FHN
20.0%
16.7%
SHOO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FHN
FHN
SHOO
SHOO
Revenue
$888.0M
$749.8M
Net Profit
$261.0M
$24.7M
Gross Margin
42.6%
Operating Margin
38.5%
4.8%
Net Margin
29.4%
3.3%
Revenue YoY
21.8%
29.5%
Net Profit YoY
57.2%
-34.8%
EPS (diluted)
$0.51
$0.33

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
SHOO
SHOO
Q4 25
$888.0M
$749.8M
Q3 25
$889.0M
$664.2M
Q2 25
$830.0M
$556.1M
Q1 25
$812.0M
$551.4M
Q4 24
$729.0M
$578.8M
Q3 24
$827.0M
$621.2M
Q2 24
$521.7M
Q1 24
$819.0M
$550.6M
Net Profit
FHN
FHN
SHOO
SHOO
Q4 25
$261.0M
$24.7M
Q3 25
$262.0M
$20.5M
Q2 25
$241.0M
$-38.7M
Q1 25
$218.0M
$41.3M
Q4 24
$166.0M
$37.8M
Q3 24
$218.0M
$55.3M
Q2 24
$36.9M
Q1 24
$192.0M
$44.6M
Gross Margin
FHN
FHN
SHOO
SHOO
Q4 25
42.6%
Q3 25
41.8%
Q2 25
40.6%
Q1 25
41.0%
Q4 24
40.7%
Q3 24
41.8%
Q2 24
41.6%
Q1 24
40.8%
Operating Margin
FHN
FHN
SHOO
SHOO
Q4 25
38.5%
4.8%
Q3 25
38.7%
4.7%
Q2 25
37.2%
-7.2%
Q1 25
35.1%
9.7%
Q4 24
28.8%
8.1%
Q3 24
34.0%
12.0%
Q2 24
9.0%
Q1 24
31.0%
10.3%
Net Margin
FHN
FHN
SHOO
SHOO
Q4 25
29.4%
3.3%
Q3 25
29.5%
3.1%
Q2 25
29.0%
-7.0%
Q1 25
26.8%
7.5%
Q4 24
22.8%
6.5%
Q3 24
26.4%
8.9%
Q2 24
7.1%
Q1 24
23.4%
8.1%
EPS (diluted)
FHN
FHN
SHOO
SHOO
Q4 25
$0.51
$0.33
Q3 25
$0.50
$0.29
Q2 25
$0.45
$-0.56
Q1 25
$0.41
$0.57
Q4 24
$0.29
$0.49
Q3 24
$0.40
$0.77
Q2 24
$0.49
Q1 24
$0.33
$0.60

Balance Sheet & Financial Strength

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

Metric
FHN
FHN
SHOO
SHOO
Cash + ST InvestmentsLiquidity on hand
$112.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.8B
$866.4M
Total Assets
$83.9B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHN
FHN
SHOO
SHOO
Q4 25
$112.4M
Q3 25
$140.0K
Q2 25
$111.9M
Q1 25
$147.2M
Q4 24
$203.4M
Q3 24
$11.1M
Q2 24
$192.2M
Q1 24
$143.1M
Stockholders' Equity
FHN
FHN
SHOO
SHOO
Q4 25
$8.8B
$866.4M
Q3 25
$8.9B
$850.8M
Q2 25
$9.0B
$833.2M
Q1 25
$8.7B
$875.3M
Q4 24
$8.8B
$847.7M
Q3 24
$9.0B
$833.9M
Q2 24
$808.3M
Q1 24
$8.9B
$825.2M
Total Assets
FHN
FHN
SHOO
SHOO
Q4 25
$83.9B
$1.9B
Q3 25
$83.2B
$2.0B
Q2 25
$82.1B
$1.9B
Q1 25
$81.5B
$1.4B
Q4 24
$82.2B
$1.4B
Q3 24
$82.6B
$1.5B
Q2 24
$1.4B
Q1 24
$81.8B
$1.3B

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
SHOO
SHOO
Operating Cash FlowLast quarter
$396.0M
$91.1M
Free Cash FlowOCF − Capex
$389.0M
$80.8M
FCF MarginFCF / Revenue
43.8%
10.8%
Capex IntensityCapex / Revenue
0.8%
1.4%
Cash ConversionOCF / Net Profit
1.52×
3.70×
TTM Free Cash FlowTrailing 4 quarters
$595.0M
$119.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHN
FHN
SHOO
SHOO
Q4 25
$396.0M
$91.1M
Q3 25
$-200.0M
$23.4M
Q2 25
$83.0M
$66.5M
Q1 25
$349.0M
$-18.8M
Q4 24
$191.0M
$103.9M
Q3 24
$389.0M
$444.0K
Q2 24
$109.5M
Q1 24
$838.0M
$-15.7M
Free Cash Flow
FHN
FHN
SHOO
SHOO
Q4 25
$389.0M
$80.8M
Q3 25
$-208.0M
$8.6M
Q2 25
$74.0M
$58.8M
Q1 25
$340.0M
$-28.7M
Q4 24
$174.0M
$94.6M
Q3 24
$383.0M
$-6.9M
Q2 24
$104.2M
Q1 24
$828.0M
$-19.7M
FCF Margin
FHN
FHN
SHOO
SHOO
Q4 25
43.8%
10.8%
Q3 25
-23.4%
1.3%
Q2 25
8.9%
10.6%
Q1 25
41.9%
-5.2%
Q4 24
23.9%
16.3%
Q3 24
46.3%
-1.1%
Q2 24
20.0%
Q1 24
101.1%
-3.6%
Capex Intensity
FHN
FHN
SHOO
SHOO
Q4 25
0.8%
1.4%
Q3 25
0.9%
2.2%
Q2 25
1.1%
1.4%
Q1 25
1.1%
1.8%
Q4 24
2.3%
1.6%
Q3 24
0.7%
1.2%
Q2 24
1.0%
Q1 24
1.2%
0.7%
Cash Conversion
FHN
FHN
SHOO
SHOO
Q4 25
1.52×
3.70×
Q3 25
-0.76×
1.14×
Q2 25
0.34×
Q1 25
1.60×
-0.46×
Q4 24
1.15×
2.75×
Q3 24
1.78×
0.01×
Q2 24
2.96×
Q1 24
4.36×
-0.35×

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%

SHOO
SHOO

Segment breakdown not available.

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