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FIRST HORIZON CORP（FHN）与TIC Solutions, Inc.（TIC）财务数据对比。点击上方公司名可切换其他公司
FIRST HORIZON CORP的季度营收约是TIC Solutions, Inc.的1.7倍（$888.0M vs $508.3M），FIRST HORIZON CORP净利率更高（29.4% vs -9.3%，领先38.7%），FIRST HORIZON CORP自由现金流更多（$389.0M vs $37.1M）
第一地平线公司（前身为第一田纳西银行）是一家成立于1864年的金融服务企业，总部位于美国田纳西州孟菲斯市。该公司通过旗下子公司第一地平线银行开展业务，网点覆盖美国东南部12个州，是该区域第四大区域性银行。
FHN vs TIC — 直观对比
营收规模更大
FHN
是对方的1.7倍
$508.3M
净利率更高
FHN
高出38.7%
-9.3%
自由现金流更多
FHN
多$351.9M
$37.1M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $888.0M | $508.3M |
| 净利润 | $261.0M | $-47.2M |
| 毛利率 | — | 35.2% |
| 营业利润率 | 38.5% | -3.8% |
| 净利率 | 29.4% | -9.3% |
| 营收同比 | 21.8% | — |
| 净利润同比 | 57.2% | — |
| 每股收益（稀释后） | $0.51 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FHNTIC
| Q4 25 | $888.0M | $508.3M | ||
| Q3 25 | $889.0M | $473.9M | ||
| Q2 25 | $830.0M | $313.9M | ||
| Q1 25 | $812.0M | $234.2M | ||
| Q4 24 | $729.0M | — | ||
| Q3 24 | $827.0M | — | ||
| Q1 24 | $819.0M | — | ||
| Q4 23 | $617.0M | — |
净利润FHNTIC
| Q4 25 | $261.0M | $-47.2M | ||
| Q3 25 | $262.0M | $-13.9M | ||
| Q2 25 | $241.0M | $-233.0K | ||
| Q1 25 | $218.0M | $-25.8M | ||
| Q4 24 | $166.0M | — | ||
| Q3 24 | $218.0M | — | ||
| Q1 24 | $192.0M | — | ||
| Q4 23 | $184.0M | — |
毛利率FHNTIC
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
营业利润率FHNTIC
| Q4 25 | 38.5% | -3.8% | ||
| Q3 25 | 38.7% | -1.4% | ||
| Q2 25 | 37.2% | 5.8% | ||
| Q1 25 | 35.1% | -4.0% | ||
| Q4 24 | 28.8% | — | ||
| Q3 24 | 34.0% | — | ||
| Q1 24 | 31.0% | — | ||
| Q4 23 | 28.8% | — |
净利率FHNTIC
| Q4 25 | 29.4% | -9.3% | ||
| Q3 25 | 29.5% | -2.9% | ||
| Q2 25 | 29.0% | -0.1% | ||
| Q1 25 | 26.8% | -11.0% | ||
| Q4 24 | 22.8% | — | ||
| Q3 24 | 26.4% | — | ||
| Q1 24 | 23.4% | — | ||
| Q4 23 | 29.8% | — |
每股收益（稀释后）FHNTIC
| Q4 25 | $0.51 | — | ||
| Q3 25 | $0.50 | $-0.08 | ||
| Q2 25 | $0.45 | — | ||
| Q1 25 | $0.41 | — | ||
| Q4 24 | $0.29 | — | ||
| Q3 24 | $0.40 | — | ||
| Q1 24 | $0.33 | — | ||
| Q4 23 | $0.32 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $439.5M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $8.8B | $2.2B |
| 总资产 | $83.9B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资FHNTIC
| Q4 25 | — | $439.5M | ||
| Q3 25 | — | $164.4M | ||
| Q2 25 | — | $130.1M | ||
| Q1 25 | — | $155.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
总债务FHNTIC
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
股东权益FHNTIC
| Q4 25 | $8.8B | $2.2B | ||
| Q3 25 | $8.9B | $2.0B | ||
| Q2 25 | $9.0B | $1.2B | ||
| Q1 25 | $8.7B | $1.1B | ||
| Q4 24 | $8.8B | — | ||
| Q3 24 | $9.0B | — | ||
| Q1 24 | $8.9B | — | ||
| Q4 23 | $9.0B | — |
总资产FHNTIC
| Q4 25 | $83.9B | $4.4B | ||
| Q3 25 | $83.2B | $4.2B | ||
| Q2 25 | $82.1B | $2.2B | ||
| Q1 25 | $81.5B | $2.2B | ||
| Q4 24 | $82.2B | — | ||
| Q3 24 | $82.6B | — | ||
| Q1 24 | $81.8B | — | ||
| Q4 23 | $81.7B | — |
负债/权益比FHNTIC
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $396.0M | $49.7M |
| 自由现金流经营现金流 - 资本支出 | $389.0M | $37.1M |
| 自由现金流率自由现金流/营收 | 43.8% | 7.3% |
| 资本支出强度资本支出/营收 | 0.8% | 2.5% |
| 现金转化率经营现金流/净利润 | 1.52× | — |
| 过去12个月自由现金流最近4个季度 | $595.0M | $61.3M |
8季度趋势，按日历期对齐
经营现金流FHNTIC
| Q4 25 | $396.0M | $49.7M | ||
| Q3 25 | $-200.0M | $19.0M | ||
| Q2 25 | $83.0M | $-6.5M | ||
| Q1 25 | $349.0M | $32.8M | ||
| Q4 24 | $191.0M | — | ||
| Q3 24 | $389.0M | — | ||
| Q1 24 | $838.0M | — | ||
| Q4 23 | $365.0M | — |
自由现金流FHNTIC
| Q4 25 | $389.0M | $37.1M | ||
| Q3 25 | $-208.0M | $10.3M | ||
| Q2 25 | $74.0M | $-14.5M | ||
| Q1 25 | $340.0M | $28.3M | ||
| Q4 24 | $174.0M | — | ||
| Q3 24 | $383.0M | — | ||
| Q1 24 | $828.0M | — | ||
| Q4 23 | — | — |
自由现金流率FHNTIC
| Q4 25 | 43.8% | 7.3% | ||
| Q3 25 | -23.4% | 2.2% | ||
| Q2 25 | 8.9% | -4.6% | ||
| Q1 25 | 41.9% | 12.1% | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 46.3% | — | ||
| Q1 24 | 101.1% | — | ||
| Q4 23 | — | — |
资本支出强度FHNTIC
| Q4 25 | 0.8% | 2.5% | ||
| Q3 25 | 0.9% | 1.8% | ||
| Q2 25 | 1.1% | 2.6% | ||
| Q1 25 | 1.1% | 1.9% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.7% | — | ||
| Q1 24 | 1.2% | — | ||
| Q4 23 | — | — |
现金转化率FHNTIC
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.78× | — | ||
| Q1 24 | 4.36× | — | ||
| Q4 23 | 1.98× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
