Company / Interest Expense
First Horizon Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.5B
FY2023
5-year range
$164.0M / $2.5B
FY2019-FY2023
Trend
+6.2%
vs FY2022
Sector context
#9 of 214
Financials
What the data says
Among 214 Financials companies, First Horizon is in the bottom 4% for interest expense. Increased from $164M to $2.5B over the past 2 years.
Based on SEC 10-K filings.
$2.5B in FY2023 with a 5-year CAGR of +50.8%. Top quartile in the Financials sector.
Increased from $164M to $2.5B over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +120.8%
- 5-Year CAGR
- +50.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in FinancialsTop 96% of 214This company $2.5B Sector average $939.3M
▼
+170.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +50.8%, indicating consistent growth.
- In FY2023, interest expense increased 6.2% year-over-year.
- Ranks #9 out of 214 companies in the Financials sector.
- Lowest interest expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.14 (distress zone, below 1.8 threshold)
- Strong profit margin: 27.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.5B | +6.2% |
| FY2022 | $2.4B | +1358.5% |
| FY2021 | $164.0M | -30.5% |
| FY2020 | $236.0M | -43.0% |
| FY2019 | $414.0M | +27.0% |
| FY2018 | $326.0M | +120.8% |
| FY2017 | $147.6M | +66.2% |
| FY2016 | $88.8M | +7.4% |
As of FY2023 · SEC 10-K · Updated Mar 29, 2026