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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Clearway Energy, Inc. (CWEN). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $310.0M, roughly 1.5× Clearway Energy, Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -33.5%, a 63.3% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs 11.1%). Over the past eight quarters, Clearway Energy, Inc.'s revenue compounded faster (8.6% CAGR vs 7.1%).

Commerce Bancshares, Inc. is a regional bank holding company headquartered in Missouri, with principal offices in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.

NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. Their portfolio includes natural gas generation, coal generation, oil generation, nuclear generation, wind generation, utility-scale generation, and distributed solar generation. NRG serves over 7 million retail cust...

CBSH vs CWEN — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.5× larger
CBSH
$475.7M
$310.0M
CWEN
Growing faster (revenue YoY)
CWEN
CWEN
+10.0% gap
CWEN
21.1%
11.1%
CBSH
Higher net margin
CBSH
CBSH
63.3% more per $
CBSH
29.8%
-33.5%
CWEN
Faster 2-yr revenue CAGR
CWEN
CWEN
Annualised
CWEN
8.6%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBSH
CBSH
CWEN
CWEN
Revenue
$475.7M
$310.0M
Net Profit
$141.6M
$-104.0M
Gross Margin
51.9%
Operating Margin
-11.9%
Net Margin
29.8%
-33.5%
Revenue YoY
11.1%
21.1%
Net Profit YoY
0.7%
-3566.7%
EPS (diluted)
$0.96

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.

Revenue
CBSH
CBSH
CWEN
CWEN
Q1 26
$475.7M
Q4 25
$449.4M
$310.0M
Q3 25
$441.0M
$429.0M
Q2 25
$445.8M
$392.0M
Q1 25
$428.1M
$298.0M
Q4 24
$422.1M
$256.0M
Q3 24
$421.4M
$486.0M
Q2 24
$414.5M
$366.0M
Net Profit
CBSH
CBSH
CWEN
CWEN
Q1 26
$141.6M
Q4 25
$140.7M
$-104.0M
Q3 25
$141.5M
$236.0M
Q2 25
$152.5M
$33.0M
Q1 25
$131.6M
$4.0M
Q4 24
$136.1M
$3.0M
Q3 24
$138.0M
$36.0M
Q2 24
$139.6M
$51.0M
Gross Margin
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
51.9%
Q3 25
70.2%
Q2 25
66.6%
Q1 25
59.1%
Q4 24
52.0%
Q3 24
72.2%
Q2 24
68.0%
Operating Margin
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
40.8%
-11.9%
Q3 25
41.9%
26.1%
Q2 25
44.0%
21.7%
Q1 25
39.2%
Q4 24
41.2%
-14.5%
Q3 24
42.4%
36.6%
Q2 24
43.4%
23.0%
Net Margin
CBSH
CBSH
CWEN
CWEN
Q1 26
29.8%
Q4 25
31.3%
-33.5%
Q3 25
32.1%
55.0%
Q2 25
34.2%
8.4%
Q1 25
30.7%
1.3%
Q4 24
32.2%
1.2%
Q3 24
32.8%
7.4%
Q2 24
33.7%
13.9%
EPS (diluted)
CBSH
CBSH
CWEN
CWEN
Q1 26
$0.96
Q4 25
$0.86
Q3 25
$1.06
Q2 25
$1.14
Q1 25
$0.98
Q4 24
$0.83
Q3 24
$1.01
Q2 24
$1.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBSH
CBSH
CWEN
CWEN
Cash + ST InvestmentsLiquidity on hand
$231.0M
Total DebtLower is stronger
$7.9B
Stockholders' EquityBook value
$4.3B
$5.8B
Total Assets
$35.7B
$16.7B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
$231.0M
Q3 25
$251.0M
Q2 25
$260.0M
Q1 25
$297.0M
Q4 24
$332.0M
Q3 24
$292.0M
Q2 24
$226.0M
Total Debt
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
$7.9B
Q3 25
$8.1B
Q2 25
$8.3B
Q1 25
$7.2B
Q4 24
$6.8B
Q3 24
$6.7B
Q2 24
$6.8B
Stockholders' Equity
CBSH
CBSH
CWEN
CWEN
Q1 26
$4.3B
Q4 25
$3.8B
$5.8B
Q3 25
$3.8B
$5.7B
Q2 25
$3.6B
$5.5B
Q1 25
$3.5B
$5.4B
Q4 24
$3.3B
$5.6B
Q3 24
$3.4B
$5.6B
Q2 24
$3.1B
$5.7B
Total Assets
CBSH
CBSH
CWEN
CWEN
Q1 26
$35.7B
Q4 25
$32.9B
$16.7B
Q3 25
$32.3B
$16.1B
Q2 25
$32.3B
$16.0B
Q1 25
$32.4B
$14.6B
Q4 24
$32.0B
$14.3B
Q3 24
$31.5B
$14.2B
Q2 24
$30.6B
$14.5B
Debt / Equity
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
1.36×
Q3 25
1.41×
Q2 25
1.49×
Q1 25
1.33×
Q4 24
1.21×
Q3 24
1.20×
Q2 24
1.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBSH
CBSH
CWEN
CWEN
Operating Cash FlowLast quarter
$177.0M
Free Cash FlowOCF − Capex
$71.0M
FCF MarginFCF / Revenue
22.9%
Capex IntensityCapex / Revenue
34.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$369.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
$645.1M
$177.0M
Q3 25
$129.0M
$225.0M
Q2 25
$111.2M
$191.0M
Q1 25
$138.6M
$95.0M
Q4 24
$577.9M
$192.0M
Q3 24
$431.7M
$301.0M
Q2 24
$147.4M
$196.0M
Free Cash Flow
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
$592.4M
$71.0M
Q3 25
$113.3M
$144.0M
Q2 25
$100.5M
$115.0M
Q1 25
$126.0M
$39.0M
Q4 24
$531.7M
$142.0M
Q3 24
$419.1M
$266.0M
Q2 24
$138.9M
$92.0M
FCF Margin
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
131.8%
22.9%
Q3 25
25.7%
33.6%
Q2 25
22.5%
29.3%
Q1 25
29.4%
13.1%
Q4 24
126.0%
55.5%
Q3 24
99.5%
54.7%
Q2 24
33.5%
25.1%
Capex Intensity
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
11.7%
34.2%
Q3 25
3.6%
18.9%
Q2 25
2.4%
19.4%
Q1 25
2.9%
18.8%
Q4 24
10.9%
19.5%
Q3 24
3.0%
7.2%
Q2 24
2.1%
28.4%
Cash Conversion
CBSH
CBSH
CWEN
CWEN
Q1 26
Q4 25
4.59×
Q3 25
0.91×
0.95×
Q2 25
0.73×
5.79×
Q1 25
1.05×
23.75×
Q4 24
4.25×
64.00×
Q3 24
3.13×
8.36×
Q2 24
1.06×
3.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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