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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and EnerSys (ENS). Click either name above to swap in a different company.
EnerSys is the larger business by last-quarter revenue ($919.1M vs $475.7M, roughly 1.9× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 9.8%, a 19.9% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 1.4%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 0.5%).
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.
EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.
CBSH vs ENS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $919.1M |
| Net Profit | $141.6M | $90.4M |
| Gross Margin | — | 30.1% |
| Operating Margin | — | 13.5% |
| Net Margin | 29.8% | 9.8% |
| Revenue YoY | 11.1% | 1.4% |
| Net Profit YoY | 10.5% | -21.3% |
| EPS (diluted) | $0.96 | $2.40 |
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.
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $919.1M | ||
| Q3 25 | $441.0M | $951.3M | ||
| Q2 25 | $445.8M | $893.0M | ||
| Q1 25 | $428.1M | $974.8M | ||
| Q4 24 | $422.1M | $906.2M | ||
| Q3 24 | $421.4M | $883.7M | ||
| Q2 24 | $414.5M | $852.9M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $90.4M | ||
| Q3 25 | $141.5M | $68.4M | ||
| Q2 25 | $152.5M | $57.5M | ||
| Q1 25 | $131.6M | $96.5M | ||
| Q4 24 | $136.1M | $114.8M | ||
| Q3 24 | $138.0M | $82.3M | ||
| Q2 24 | $139.6M | $70.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.1% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 31.2% | ||
| Q4 24 | — | 32.9% | ||
| Q3 24 | — | 28.5% | ||
| Q2 24 | — | 27.9% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 13.5% | ||
| Q3 25 | 41.9% | 9.7% | ||
| Q2 25 | 44.0% | 9.7% | ||
| Q1 25 | 39.2% | 13.5% | ||
| Q4 24 | 41.2% | 15.7% | ||
| Q3 24 | 42.4% | 11.2% | ||
| Q2 24 | 43.4% | 10.7% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 9.8% | ||
| Q3 25 | 32.1% | 7.2% | ||
| Q2 25 | 34.2% | 6.4% | ||
| Q1 25 | 30.7% | 9.9% | ||
| Q4 24 | 32.2% | 12.7% | ||
| Q3 24 | 32.8% | 9.3% | ||
| Q2 24 | 33.7% | 8.2% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $2.40 | ||
| Q3 25 | $1.06 | $1.80 | ||
| Q2 25 | $1.14 | $1.46 | ||
| Q1 25 | $0.98 | $2.39 | ||
| Q4 24 | $0.83 | $2.88 | ||
| Q3 24 | $1.01 | $2.01 | ||
| Q2 24 | $1.03 | $1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $450.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $1.9B |
| Total Assets | $35.7B | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $450.1M | ||
| Q3 25 | — | $388.6M | ||
| Q2 25 | — | $346.7M | ||
| Q1 25 | — | $343.1M | ||
| Q4 24 | — | $463.2M | ||
| Q3 24 | — | $407.9M | ||
| Q2 24 | — | $344.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $1.9B | ||
| Q3 25 | $3.8B | $1.9B | ||
| Q2 25 | $3.6B | $1.9B | ||
| Q1 25 | $3.5B | $1.9B | ||
| Q4 24 | $3.3B | $1.8B | ||
| Q3 24 | $3.4B | $1.8B | ||
| Q2 24 | $3.1B | $1.8B |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $4.0B | ||
| Q3 25 | $32.3B | $4.1B | ||
| Q2 25 | $32.3B | $4.1B | ||
| Q1 25 | $32.4B | $4.0B | ||
| Q4 24 | $32.0B | $4.0B | ||
| Q3 24 | $31.5B | $4.0B | ||
| Q2 24 | $30.6B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $184.6M |
| Free Cash FlowOCF − Capex | — | $171.3M |
| FCF MarginFCF / Revenue | — | 18.6% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | 2.04× |
| TTM Free Cash FlowTrailing 4 quarters | — | $441.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $184.6M | ||
| Q3 25 | $129.0M | $218.0M | ||
| Q2 25 | $111.2M | $968.0K | ||
| Q1 25 | $138.6M | $135.2M | ||
| Q4 24 | $577.9M | $81.1M | ||
| Q3 24 | $431.7M | $33.6M | ||
| Q2 24 | $147.4M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $171.3M | ||
| Q3 25 | $113.3M | $197.1M | ||
| Q2 25 | $100.5M | $-32.1M | ||
| Q1 25 | $126.0M | $104.9M | ||
| Q4 24 | $531.7M | $56.8M | ||
| Q3 24 | $419.1M | $3.3M | ||
| Q2 24 | $138.9M | $-25.7M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 18.6% | ||
| Q3 25 | 25.7% | 20.7% | ||
| Q2 25 | 22.5% | -3.6% | ||
| Q1 25 | 29.4% | 10.8% | ||
| Q4 24 | 126.0% | 6.3% | ||
| Q3 24 | 99.5% | 0.4% | ||
| Q2 24 | 33.5% | -3.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 1.4% | ||
| Q3 25 | 3.6% | 2.2% | ||
| Q2 25 | 2.4% | 3.7% | ||
| Q1 25 | 2.9% | 3.1% | ||
| Q4 24 | 10.9% | 2.7% | ||
| Q3 24 | 3.0% | 3.4% | ||
| Q2 24 | 2.1% | 4.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 2.04× | ||
| Q3 25 | 0.91× | 3.19× | ||
| Q2 25 | 0.73× | 0.02× | ||
| Q1 25 | 1.05× | 1.40× | ||
| Q4 24 | 4.25× | 0.71× | ||
| Q3 24 | 3.13× | 0.41× | ||
| Q2 24 | 1.06× | 0.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
