First Horizon (FHN) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 60.9%
EBITDA Margin: 42.2%
Op. Margin: 39.7%
Net Margin: 30.4%

Op. margin of 39.7% is up 4.6% YoY — cost efficiency is improving. Net margin at 30.4% and gross margin of 60.9% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit