FHN vs. PLD

Last updated Apr 1, 2026

Compare and contrast key facts about First Horizon Corporation (FHN) and Prologis, Inc. (PLD).

Performance

FHN vs. PLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Horizon Corporation (FHN) and Prologis, Inc. (PLD). The values are adjusted to include any dividend payments, if applicable.

FHN vs. PLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHN First Horizon Corporation	-4.03%	22.12%	47.68%	-39.44%	53.94%	32.61%	-18.45%	30.48%	-32.35%	1.93%
PLD Prologis, Inc.	4.37%	25.08%	-18.12%	21.58%	-31.33%	72.33%	14.74%	55.87%	-6.25%	25.94%

Fundamentals

Market Cap FHN : $11.29B PLD : $126.63B
EPS FHN : $1.94 PLD : $3.56
PE Ratio FHN : 11.74 PLD : 37.09
PS Ratio FHN : 2.54 PLD : 14.39
PB Ratio FHN : 1.33 PLD : 2.38
Total Revenue (TTM) FHN : $4.54B PLD : $8.79B
Gross Profit (TTM) FHN : $3.28B PLD : $5.24B
EBITDA (TTM) FHN : $1.34B PLD : $7.20B

Returns By Period

In the year-to-date period, FHN achieves a -4.03% return, which is significantly lower than PLD's 4.37% return. Over the past 10 years, FHN has underperformed PLD with an annualized return of 9.28%, while PLD has yielded a comparatively higher 14.69% annualized return.

FHN

• 1D: 3.22%
• 1M: -3.59%
• YTD: -4.03%
• 6M: 2.08%
• 1Y: 20.55%
• 3Y*: 12.68%
• 5Y*: 9.47%
• 10Y*: 9.28%

PLD

• 1D: 2.64%
• 1M: -6.54%
• YTD: 4.37%
• 6M: 17.26%
• 1Y: 22.35%
• 3Y*: 5.24%
• 5Y*: 7.02%
• 10Y*: 14.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FHN vs. PLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHN

FHN Risk / Return Rank: 63
FHN Sharpe Ratio Rank: 65
FHN Sortino Ratio Rank: 56
FHN Omega Ratio Rank: 59
FHN Calmar Ratio Rank: 68
FHN Martin Ratio Rank: 69

PLD

PLD Risk / Return Rank: 69
PLD Sharpe Ratio Rank: 71
PLD Sortino Ratio Rank: 64
PLD Omega Ratio Rank: 65
PLD Calmar Ratio Rank: 67
PLD Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHN vs. PLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Horizon Corporation (FHN) and Prologis, Inc. (PLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FHN	PLD	Difference
Sharpe ratio Return per unit of total volatility	0.65	0.84	-0.20
Sortino ratio Return per unit of downside risk	0.99	1.30	-0.31
Omega ratio Gain probability vs. loss probability	1.15	1.18	-0.03
Calmar ratio Return relative to maximum drawdown	1.24	1.19	+0.06
Martin ratio Return relative to average drawdown	3.18	5.08	-1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FHN vs. PLD - Sharpe Ratio Comparison

The current FHN Sharpe Ratio is 0.65, which is comparable to the PLD Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FHN and PLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FHN	PLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	0.84	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.26	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.55	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.33	-0.04

Correlation

The correlation between FHN and PLD is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FHN vs. PLD - Dividend Comparison

FHN's dividend yield for the trailing twelve months is around 2.72%, less than PLD's 3.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHN First Horizon Corporation	2.72%	2.51%	2.98%	4.24%	2.45%	3.67%	4.70%	3.38%	3.65%	1.80%	1.40%	1.65%
PLD Prologis, Inc.	3.10%	3.16%	3.63%	2.61%	2.80%	1.50%	2.33%	2.38%	3.27%	2.73%	3.18%	3.54%

Drawdowns

FHN vs. PLD - Drawdown Comparison

The maximum FHN drawdown since its inception was -87.74%, roughly equal to the maximum PLD drawdown of -84.70%. Use the drawdown chart below to compare losses from any high point for FHN and PLD.

Drawdown Indicators

	FHN	PLD	Difference
Max Drawdown Largest peak-to-trough decline	-87.74%	-84.70%	-3.04%
Max Drawdown (1Y) Largest decline over 1 year	-17.51%	-20.10%	+2.59%
Max Drawdown (5Y) Largest decline over 5 years	-60.76%	-43.30%	-17.46%
Max Drawdown (10Y) Largest decline over 10 years	-64.25%	-43.30%	-20.95%
Current Drawdown Current decline from peak	-12.56%	-13.60%	+1.04%
Average Drawdown Average peak-to-trough decline	-20.14%	-17.43%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.83%	4.70%	+2.13%

Volatility

FHN vs. PLD - Volatility Comparison

First Horizon Corporation (FHN) has a higher volatility of 7.09% compared to Prologis, Inc. (PLD) at 6.09%. This indicates that FHN's price experiences larger fluctuations and is considered to be riskier than PLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHN	PLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.09%	6.09%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	21.01%	14.75%	+6.26%
Volatility (1Y) Calculated over the trailing 1-year period	31.88%	26.65%	+5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.30%	26.85%	+10.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.01%	26.93%	+12.08%

Financials

FHN vs. PLD - Profitability Comparison

The chart below illustrates the profitability comparison between First Horizon Corporation and Prologis, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FHN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, First Horizon Corporation reported a gross profit of 888.00M and revenue of 888.00M. Therefore, the gross margin over that period was 100.0%.

PLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a gross profit of 1.01B and revenue of 2.25B. Therefore, the gross margin over that period was 44.6%.

FHN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, First Horizon Corporation reported an operating income of 343.00M and revenue of 888.00M, resulting in an operating margin of 38.6%.

PLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported an operating income of 852.36M and revenue of 2.25B, resulting in an operating margin of 37.8%.

FHN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, First Horizon Corporation reported a net income of 262.00M and revenue of 888.00M, resulting in a net margin of 29.5%.

PLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a net income of 1.48B and revenue of 2.25B, resulting in a net margin of 65.8%.