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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and TRINITY INDUSTRIES INC (TRN). Click either name above to swap in a different company.
TRINITY INDUSTRIES INC is the larger business by last-quarter revenue ($611.2M vs $475.7M, roughly 1.3× COMMERCE BANCSHARES INC). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs 29.8%, a 2.0% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -2.9%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs -13.1%).
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.
Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.
CBSH vs TRN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $611.2M |
| Net Profit | $141.6M | $194.2M |
| Gross Margin | — | 25.5% |
| Operating Margin | — | 54.9% |
| Net Margin | 29.8% | 31.8% |
| Revenue YoY | 11.1% | -2.9% |
| Net Profit YoY | 10.5% | 413.8% |
| EPS (diluted) | $0.96 | $2.25 |
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 | $611.2M | ||
| Q3 25 | $441.0M | $454.1M | ||
| Q2 25 | $445.8M | $506.2M | ||
| Q1 25 | $428.1M | $585.4M | ||
| Q4 24 | $422.1M | $629.4M | ||
| Q3 24 | $421.4M | $798.8M | ||
| Q2 24 | $414.5M | $841.4M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $194.2M | ||
| Q3 25 | $141.5M | $30.3M | ||
| Q2 25 | $152.5M | $14.1M | ||
| Q1 25 | $131.6M | $22.1M | ||
| Q4 24 | $136.1M | $37.8M | ||
| Q3 24 | $138.0M | $31.4M | ||
| Q2 24 | $139.6M | $54.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 26.4% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 21.3% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 54.9% | ||
| Q3 25 | 41.9% | 26.1% | ||
| Q2 25 | 44.0% | 18.8% | ||
| Q1 25 | 39.2% | 17.0% | ||
| Q4 24 | 41.2% | 17.8% | ||
| Q3 24 | 42.4% | 15.3% | ||
| Q2 24 | 43.4% | 16.9% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 31.8% | ||
| Q3 25 | 32.1% | 6.7% | ||
| Q2 25 | 34.2% | 2.8% | ||
| Q1 25 | 30.7% | 3.8% | ||
| Q4 24 | 32.2% | 6.0% | ||
| Q3 24 | 32.8% | 3.9% | ||
| Q2 24 | 33.7% | 6.5% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $2.25 | ||
| Q3 25 | $1.06 | $0.37 | ||
| Q2 25 | $1.14 | $0.17 | ||
| Q1 25 | $0.98 | $0.26 | ||
| Q4 24 | $0.83 | $0.34 | ||
| Q3 24 | $1.01 | $0.37 | ||
| Q2 24 | $1.03 | $0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $201.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $1.1B |
| Total Assets | $35.7B | $8.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $201.3M | ||
| Q3 25 | — | $66.3M | ||
| Q2 25 | — | $147.7M | ||
| Q1 25 | — | $94.9M | ||
| Q4 24 | — | $228.2M | ||
| Q3 24 | — | $222.4M | ||
| Q2 24 | — | $257.1M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $1.1B | ||
| Q3 25 | $3.8B | $1.0B | ||
| Q2 25 | $3.6B | $1.0B | ||
| Q1 25 | $3.5B | $1.1B | ||
| Q4 24 | $3.3B | $1.1B | ||
| Q3 24 | $3.4B | $1.1B | ||
| Q2 24 | $3.1B | $1.1B |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $8.4B | ||
| Q3 25 | $32.3B | $8.9B | ||
| Q2 25 | $32.3B | $8.8B | ||
| Q1 25 | $32.4B | $8.7B | ||
| Q4 24 | $32.0B | $8.8B | ||
| Q3 24 | $31.5B | $8.8B | ||
| Q2 24 | $30.6B | $9.0B |
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 | — | $177.4M |
| Free Cash FlowOCF − Capex | — | $158.6M |
| FCF MarginFCF / Revenue | — | 25.9% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | — | 0.91× |
| TTM Free Cash FlowTrailing 4 quarters | — | $314.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $177.4M | ||
| Q3 25 | $129.0M | $44.2M | ||
| Q2 25 | $111.2M | $61.6M | ||
| Q1 25 | $138.6M | $76.5M | ||
| Q4 24 | $577.9M | $201.6M | ||
| Q3 24 | $431.7M | $78.5M | ||
| Q2 24 | $147.4M | $241.5M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $158.6M | ||
| Q3 25 | $113.3M | $35.3M | ||
| Q2 25 | $100.5M | $52.9M | ||
| Q1 25 | $126.0M | $67.3M | ||
| Q4 24 | $531.7M | $180.1M | ||
| Q3 24 | $419.1M | $62.1M | ||
| Q2 24 | $138.9M | $230.2M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 25.9% | ||
| Q3 25 | 25.7% | 7.8% | ||
| Q2 25 | 22.5% | 10.5% | ||
| Q1 25 | 29.4% | 11.5% | ||
| Q4 24 | 126.0% | 28.6% | ||
| Q3 24 | 99.5% | 7.8% | ||
| Q2 24 | 33.5% | 27.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 3.1% | ||
| Q3 25 | 3.6% | 2.0% | ||
| Q2 25 | 2.4% | 1.7% | ||
| Q1 25 | 2.9% | 1.6% | ||
| Q4 24 | 10.9% | 3.4% | ||
| Q3 24 | 3.0% | 2.1% | ||
| Q2 24 | 2.1% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 0.91× | ||
| Q3 25 | 0.91× | 1.46× | ||
| Q2 25 | 0.73× | 4.37× | ||
| Q1 25 | 1.05× | 3.46× | ||
| Q4 24 | 4.25× | 5.33× | ||
| Q3 24 | 3.13× | 2.50× | ||
| Q2 24 | 1.06× | 4.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
TRN
| Manufacturing | $296.5M | 49% |
| Leasing And Management | $234.8M | 38% |
| Maintenance Services Domain | $69.8M | 11% |
| Digital Logistics Services | $11.2M | 2% |
