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

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $475.7M, roughly 1.7× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 2.1%, a 27.6% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 11.1%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

CBSH vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.7× larger
ROAD
$809.5M
$475.7M
CBSH
Growing faster (revenue YoY)
ROAD
ROAD
+33.0% gap
ROAD
44.1%
11.1%
CBSH
Higher net margin
CBSH
CBSH
27.6% more per $
CBSH
29.8%
2.1%
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBSH
CBSH
ROAD
ROAD
Revenue
$475.7M
$809.5M
Net Profit
$141.6M
$17.2M
Gross Margin
15.0%
Operating Margin
6.2%
Net Margin
29.8%
2.1%
Revenue YoY
11.1%
44.1%
Net Profit YoY
10.5%
663.9%
EPS (diluted)
$0.96
$0.31

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
ROAD
ROAD
Q1 26
$475.7M
Q4 25
$449.4M
$809.5M
Q3 25
$441.0M
$899.8M
Q2 25
$445.8M
$779.3M
Q1 25
$428.1M
$571.6M
Q4 24
$422.1M
$561.6M
Q3 24
$421.4M
$538.2M
Q2 24
$414.5M
$517.8M
Net Profit
CBSH
CBSH
ROAD
ROAD
Q1 26
$141.6M
Q4 25
$140.7M
$17.2M
Q3 25
$141.5M
$56.6M
Q2 25
$152.5M
$44.0M
Q1 25
$131.6M
$4.2M
Q4 24
$136.1M
$-3.1M
Q3 24
$138.0M
$29.3M
Q2 24
$139.6M
$30.9M
Gross Margin
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
15.0%
Q3 25
17.7%
Q2 25
16.9%
Q1 25
12.5%
Q4 24
13.6%
Q3 24
15.6%
Q2 24
16.1%
Operating Margin
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
40.8%
6.2%
Q3 25
41.9%
11.2%
Q2 25
44.0%
10.6%
Q1 25
39.2%
4.8%
Q4 24
41.2%
2.5%
Q3 24
42.4%
8.5%
Q2 24
43.4%
8.8%
Net Margin
CBSH
CBSH
ROAD
ROAD
Q1 26
29.8%
Q4 25
31.3%
2.1%
Q3 25
32.1%
6.3%
Q2 25
34.2%
5.7%
Q1 25
30.7%
0.7%
Q4 24
32.2%
-0.5%
Q3 24
32.8%
5.4%
Q2 24
33.7%
6.0%
EPS (diluted)
CBSH
CBSH
ROAD
ROAD
Q1 26
$0.96
Q4 25
$0.86
$0.31
Q3 25
$1.06
$1.03
Q2 25
$1.14
$0.79
Q1 25
$0.98
$0.08
Q4 24
$0.83
$-0.06
Q3 24
$1.01
$0.55
Q2 24
$1.03
$0.59

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$104.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$969.1M
Total Assets
$35.7B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
$104.1M
Q3 25
$156.1M
Q2 25
$114.3M
Q1 25
$101.9M
Q4 24
$132.5M
Q3 24
$74.7M
Q2 24
$56.3M
Total Debt
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
Q3 25
$1.6B
Q2 25
Q1 25
Q4 24
Q3 24
$515.0M
Q2 24
Stockholders' Equity
CBSH
CBSH
ROAD
ROAD
Q1 26
$4.3B
Q4 25
$3.8B
$969.1M
Q3 25
$3.8B
$912.0M
Q2 25
$3.6B
$853.3M
Q1 25
$3.5B
$807.9M
Q4 24
$3.3B
$811.1M
Q3 24
$3.4B
$573.7M
Q2 24
$3.1B
$552.9M
Total Assets
CBSH
CBSH
ROAD
ROAD
Q1 26
$35.7B
Q4 25
$32.9B
$3.4B
Q3 25
$32.3B
$3.2B
Q2 25
$32.3B
$2.9B
Q1 25
$32.4B
$2.8B
Q4 24
$32.0B
$2.6B
Q3 24
$31.5B
$1.5B
Q2 24
$30.6B
$1.4B
Debt / Equity
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
Q3 25
1.78×
Q2 25
Q1 25
Q4 24
Q3 24
0.90×
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
CBSH
CBSH
ROAD
ROAD
Operating Cash FlowLast quarter
$82.6M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
4.80×
TTM Free Cash FlowTrailing 4 quarters
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
$645.1M
$82.6M
Q3 25
$129.0M
$112.0M
Q2 25
$111.2M
$83.0M
Q1 25
$138.6M
$55.6M
Q4 24
$577.9M
$40.7M
Q3 24
$431.7M
$95.9M
Q2 24
$147.4M
$34.6M
Free Cash Flow
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
$592.4M
$47.1M
Q3 25
$113.3M
$78.9M
Q2 25
$100.5M
$46.4M
Q1 25
$126.0M
$14.2M
Q4 24
$531.7M
$13.8M
Q3 24
$419.1M
$78.4M
Q2 24
$138.9M
$19.7M
FCF Margin
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
131.8%
5.8%
Q3 25
25.7%
8.8%
Q2 25
22.5%
5.9%
Q1 25
29.4%
2.5%
Q4 24
126.0%
2.5%
Q3 24
99.5%
14.6%
Q2 24
33.5%
3.8%
Capex Intensity
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
11.7%
4.4%
Q3 25
3.6%
3.7%
Q2 25
2.4%
4.7%
Q1 25
2.9%
7.2%
Q4 24
10.9%
4.8%
Q3 24
3.0%
3.3%
Q2 24
2.1%
2.9%
Cash Conversion
CBSH
CBSH
ROAD
ROAD
Q1 26
Q4 25
4.59×
4.80×
Q3 25
0.91×
1.98×
Q2 25
0.73×
1.88×
Q1 25
1.05×
13.20×
Q4 24
4.25×
Q3 24
3.13×
3.27×
Q2 24
1.06×
1.12×

Financial Flow Comparison

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

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