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

Hillenbrand, Inc. is the larger business by last-quarter revenue ($550.2M vs $475.7M, roughly 1.2× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -0.4%, a 30.2% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -22.2%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs -16.3%).

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.

Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.

CBSH vs HI — Head-to-Head

Bigger by revenue
HI
HI
1.2× larger
HI
$550.2M
$475.7M
CBSH
Growing faster (revenue YoY)
CBSH
CBSH
+33.3% gap
CBSH
11.1%
-22.2%
HI
Higher net margin
CBSH
CBSH
30.2% more per $
CBSH
29.8%
-0.4%
HI
Faster 2-yr revenue CAGR
CBSH
CBSH
Annualised
CBSH
7.1%
-16.3%
HI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBSH
CBSH
HI
HI
Revenue
$475.7M
$550.2M
Net Profit
$141.6M
$-2.2M
Gross Margin
33.4%
Operating Margin
-2.2%
Net Margin
29.8%
-0.4%
Revenue YoY
11.1%
-22.2%
Net Profit YoY
10.5%
-134.4%
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
HI
HI
Q1 26
$475.7M
Q4 25
$449.4M
$550.2M
Q3 25
$441.0M
$652.1M
Q2 25
$445.8M
$598.9M
Q1 25
$428.1M
$715.9M
Q4 24
$422.1M
$706.9M
Q3 24
$421.4M
$837.6M
Q2 24
$414.5M
$786.6M
Net Profit
CBSH
CBSH
HI
HI
Q1 26
$141.6M
Q4 25
$140.7M
$-2.2M
Q3 25
$141.5M
$75.7M
Q2 25
$152.5M
$1.9M
Q1 25
$131.6M
$-40.9M
Q4 24
$136.1M
$6.4M
Q3 24
$138.0M
$14.6M
Q2 24
$139.6M
$-248.9M
Gross Margin
CBSH
CBSH
HI
HI
Q1 26
Q4 25
33.4%
Q3 25
34.8%
Q2 25
33.8%
Q1 25
33.0%
Q4 24
33.2%
Q3 24
34.4%
Q2 24
33.9%
Operating Margin
CBSH
CBSH
HI
HI
Q1 26
Q4 25
40.8%
-2.2%
Q3 25
41.9%
Q2 25
44.0%
1.8%
Q1 25
39.2%
-6.2%
Q4 24
41.2%
2.2%
Q3 24
42.4%
Q2 24
43.4%
-32.7%
Net Margin
CBSH
CBSH
HI
HI
Q1 26
29.8%
Q4 25
31.3%
-0.4%
Q3 25
32.1%
11.6%
Q2 25
34.2%
0.3%
Q1 25
30.7%
-5.7%
Q4 24
32.2%
0.9%
Q3 24
32.8%
1.7%
Q2 24
33.7%
-31.6%
EPS (diluted)
CBSH
CBSH
HI
HI
Q1 26
$0.96
Q4 25
$0.86
Q3 25
$1.06
$1.07
Q2 25
$1.14
$0.03
Q1 25
$0.98
$-0.58
Q4 24
$0.83
$0.09
Q3 24
$1.01
$0.20
Q2 24
$1.03
$-3.53

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
HI
HI
Cash + ST InvestmentsLiquidity on hand
$173.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$1.4B
Total Assets
$35.7B
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
HI
HI
Q1 26
Q4 25
$173.1M
Q3 25
$164.8M
Q2 25
$162.8M
Q1 25
$458.4M
Q4 24
$208.0M
Q3 24
$199.3M
Q2 24
$223.8M
Total Debt
CBSH
CBSH
HI
HI
Q1 26
Q4 25
Q3 25
$1.5B
Q2 25
$1.7B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.1B
Stockholders' Equity
CBSH
CBSH
HI
HI
Q1 26
$4.3B
Q4 25
$3.8B
$1.4B
Q3 25
$3.8B
$1.4B
Q2 25
$3.6B
$1.3B
Q1 25
$3.5B
$1.3B
Q4 24
$3.3B
$1.4B
Q3 24
$3.4B
$1.4B
Q2 24
$3.1B
$1.4B
Total Assets
CBSH
CBSH
HI
HI
Q1 26
$35.7B
Q4 25
$32.9B
$4.5B
Q3 25
$32.3B
$4.5B
Q2 25
$32.3B
$4.7B
Q1 25
$32.4B
$4.8B
Q4 24
$32.0B
$5.1B
Q3 24
$31.5B
$5.2B
Q2 24
$30.6B
$5.3B
Debt / Equity
CBSH
CBSH
HI
HI
Q1 26
Q4 25
Q3 25
1.10×
Q2 25
1.27×
Q1 25
1.44×
Q4 24
1.38×
Q3 24
1.33×
Q2 24
1.48×

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
HI
HI
Operating Cash FlowLast quarter
$-27.4M
Free Cash FlowOCF − Capex
$-31.6M
FCF MarginFCF / Revenue
-5.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
HI
HI
Q1 26
Q4 25
$645.1M
$-27.4M
Q3 25
$129.0M
$67.7M
Q2 25
$111.2M
$-1.5M
Q1 25
$138.6M
$1.3M
Q4 24
$577.9M
$-11.3M
Q3 24
$431.7M
$166.5M
Q2 24
$147.4M
$45.6M
Free Cash Flow
CBSH
CBSH
HI
HI
Q1 26
Q4 25
$592.4M
$-31.6M
Q3 25
$113.3M
$58.6M
Q2 25
$100.5M
$-11.2M
Q1 25
$126.0M
$-8.0M
Q4 24
$531.7M
$-21.5M
Q3 24
$419.1M
$153.4M
Q2 24
$138.9M
$29.7M
FCF Margin
CBSH
CBSH
HI
HI
Q1 26
Q4 25
131.8%
-5.7%
Q3 25
25.7%
9.0%
Q2 25
22.5%
-1.9%
Q1 25
29.4%
-1.1%
Q4 24
126.0%
-3.0%
Q3 24
99.5%
18.3%
Q2 24
33.5%
3.8%
Capex Intensity
CBSH
CBSH
HI
HI
Q1 26
Q4 25
11.7%
0.8%
Q3 25
3.6%
1.4%
Q2 25
2.4%
1.6%
Q1 25
2.9%
1.3%
Q4 24
10.9%
1.4%
Q3 24
3.0%
1.6%
Q2 24
2.1%
2.0%
Cash Conversion
CBSH
CBSH
HI
HI
Q1 26
Q4 25
4.59×
Q3 25
0.91×
0.89×
Q2 25
0.73×
-0.79×
Q1 25
1.05×
Q4 24
4.25×
-1.77×
Q3 24
3.13×
11.40×
Q2 24
1.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

HI
HI

Transferred At Point In Time$256.5M47%
Transferred Over Time$207.1M38%
Molding Technology Solutions$86.6M16%

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