vs
Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $517.5M, roughly 1.7× WOLVERINE WORLD WIDE INC). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 6.1%, a 23.2% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 21.8%). FIRST HORIZON CORP produced more free cash flow last quarter ($389.0M vs $145.6M). Over the past eight quarters, FIRST HORIZON CORP's revenue compounded faster (20.0% CAGR vs 14.5%).
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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
FHN vs WWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $888.0M | $517.5M |
| Net Profit | $261.0M | $31.8M |
| Gross Margin | — | 47.3% |
| Operating Margin | 38.5% | 9.7% |
| Net Margin | 29.4% | 6.1% |
| Revenue YoY | 21.8% | 25.5% |
| Net Profit YoY | 57.2% | 162.8% |
| EPS (diluted) | $0.51 | $0.37 |
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.
| Q1 26 | — | $517.5M | ||
| Q4 25 | $888.0M | — | ||
| Q3 25 | $889.0M | $470.3M | ||
| Q2 25 | $830.0M | $474.2M | ||
| Q1 25 | $812.0M | $412.3M | ||
| Q4 24 | $729.0M | $494.7M | ||
| Q3 24 | $827.0M | $440.2M | ||
| Q2 24 | — | $425.2M |
| Q1 26 | — | $31.8M | ||
| Q4 25 | $261.0M | — | ||
| Q3 25 | $262.0M | $25.1M | ||
| Q2 25 | $241.0M | $26.8M | ||
| Q1 25 | $218.0M | $12.1M | ||
| Q4 24 | $166.0M | $23.1M | ||
| Q3 24 | $218.0M | $23.2M | ||
| Q2 24 | — | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 47.5% | ||
| Q2 25 | — | 47.2% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | — | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | 38.5% | — | ||
| Q3 25 | 38.7% | 8.4% | ||
| Q2 25 | 37.2% | 8.6% | ||
| Q1 25 | 35.1% | 4.8% | ||
| Q4 24 | 28.8% | 7.4% | ||
| Q3 24 | 34.0% | 7.9% | ||
| Q2 24 | — | 6.8% |
| Q1 26 | — | 6.1% | ||
| Q4 25 | 29.4% | — | ||
| Q3 25 | 29.5% | 5.3% | ||
| Q2 25 | 29.0% | 5.7% | ||
| Q1 25 | 26.8% | 2.9% | ||
| Q4 24 | 22.8% | 4.7% | ||
| Q3 24 | 26.4% | 5.3% | ||
| Q2 24 | — | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $0.51 | — | ||
| Q3 25 | $0.50 | $0.30 | ||
| Q2 25 | $0.45 | $0.32 | ||
| Q1 25 | $0.41 | $0.15 | ||
| Q4 24 | $0.29 | $0.29 | ||
| Q3 24 | $0.40 | $0.28 | ||
| Q2 24 | — | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $621.7M |
| Stockholders' EquityBook value | $8.8B | $408.0M |
| Total Assets | $83.9B | $1.7B |
| Debt / EquityLower = less leverage | — | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $621.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $676.4M | ||
| Q2 25 | — | $708.5M | ||
| Q1 25 | — | $710.8M | ||
| Q4 24 | — | $648.0M | ||
| Q3 24 | — | $702.8M | ||
| Q2 24 | — | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $8.8B | — | ||
| Q3 25 | $8.9B | $376.7M | ||
| Q2 25 | $9.0B | $344.0M | ||
| Q1 25 | $8.7B | $310.6M | ||
| Q4 24 | $8.8B | $312.9M | ||
| Q3 24 | $9.0B | $295.2M | ||
| Q2 24 | — | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $83.9B | — | ||
| Q3 25 | $83.2B | $1.7B | ||
| Q2 25 | $82.1B | $1.8B | ||
| Q1 25 | $81.5B | $1.7B | ||
| Q4 24 | $82.2B | $1.7B | ||
| Q3 24 | $82.6B | $1.8B | ||
| Q2 24 | — | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.29× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 2.38× | ||
| Q2 24 | — | 3.11× |
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 | $146.2M |
| Free Cash FlowOCF − Capex | $389.0M | $145.6M |
| FCF MarginFCF / Revenue | 43.8% | 28.1% |
| Capex IntensityCapex / Revenue | 0.8% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.52× | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $595.0M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $396.0M | — | ||
| Q3 25 | $-200.0M | $33.0M | ||
| Q2 25 | $83.0M | $44.6M | ||
| Q1 25 | $349.0M | $-83.8M | ||
| Q4 24 | $191.0M | $82.4M | ||
| Q3 24 | $389.0M | $108.2M | ||
| Q2 24 | — | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $389.0M | — | ||
| Q3 25 | $-208.0M | $30.1M | ||
| Q2 25 | $74.0M | $41.2M | ||
| Q1 25 | $340.0M | $-91.4M | ||
| Q4 24 | $174.0M | $74.4M | ||
| Q3 24 | $383.0M | $104.1M | ||
| Q2 24 | — | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 43.8% | — | ||
| Q3 25 | -23.4% | 6.4% | ||
| Q2 25 | 8.9% | 8.7% | ||
| Q1 25 | 41.9% | -22.2% | ||
| Q4 24 | 23.9% | 15.0% | ||
| Q3 24 | 46.3% | 23.6% | ||
| Q2 24 | — | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.9% | 0.6% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 1.1% | 1.8% | ||
| Q4 24 | 2.3% | 1.6% | ||
| Q3 24 | 0.7% | 0.9% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | 1.31× | ||
| Q2 25 | 0.34× | 1.66× | ||
| Q1 25 | 1.60× | -6.93× | ||
| Q4 24 | 1.15× | 3.57× | ||
| Q3 24 | 1.78× | 4.66× | ||
| Q2 24 | — | 1.93× |
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% |
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
