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Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and Hershey Company (The) (HSY). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $3.1B, roughly 2.0× Hershey Company (The)). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 14.0%, a 22.9% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

The Hershey Company, often called just Hershey or Hershey's, is an American multinational confectionery company headquartered in Hershey, Pennsylvania, which is also home to Hersheypark and Hershey's Chocolate World. The Hershey Company is one of the largest chocolate manufacturers in the world; it also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. The Hershey Company was founded by Milton S. Hershey in 1894 as the Hers...

CM vs HSY — Head-to-Head

Bigger by revenue
CM
CM
2.0× larger
CM
$6.1B
$3.1B
HSY
Higher net margin
CM
CM
22.9% more per $
CM
36.9%
14.0%
HSY

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CM
CM
HSY
HSY
Revenue
$6.1B
$3.1B
Net Profit
$2.3B
$435.1M
Gross Margin
39.4%
Operating Margin
20.6%
Net Margin
36.9%
14.0%
Revenue YoY
10.6%
Net Profit YoY
EPS (diluted)

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
CM
CM
HSY
HSY
Q1 26
$6.1B
$3.1B
Q4 25
$3.1B
Q3 25
$5.3B
$3.2B
Q2 25
$5.1B
$2.6B
Q1 25
$2.8B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$2.1B
Net Profit
CM
CM
HSY
HSY
Q1 26
$2.3B
$435.1M
Q4 25
$320.0M
Q3 25
$1.5B
$276.3M
Q2 25
$1.5B
$62.7M
Q1 25
$224.2M
Q4 24
$796.6M
Q3 24
$446.3M
Q2 24
$180.9M
Gross Margin
CM
CM
HSY
HSY
Q1 26
39.4%
Q4 25
37.0%
Q3 25
32.6%
Q2 25
30.5%
Q1 25
33.7%
Q4 24
54.0%
Q3 24
41.3%
Q2 24
40.2%
Operating Margin
CM
CM
HSY
HSY
Q1 26
20.6%
Q4 25
14.4%
Q3 25
13.7%
Q2 25
7.4%
Q1 25
13.2%
Q4 24
32.5%
Q3 24
20.5%
Q2 24
13.9%
Net Margin
CM
CM
HSY
HSY
Q1 26
36.9%
14.0%
Q4 25
10.4%
Q3 25
28.9%
8.7%
Q2 25
28.6%
2.4%
Q1 25
8.0%
Q4 24
27.6%
Q3 24
14.9%
Q2 24
8.7%

Balance Sheet & Financial Strength

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

Metric
CM
CM
HSY
HSY
Cash + ST InvestmentsLiquidity on hand
$8.0B
$877.0M
Total DebtLower is stronger
$4.9B
Stockholders' EquityBook value
$47.9B
$4.7B
Total Assets
$826.8B
$13.8B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
HSY
HSY
Q1 26
$8.0B
$877.0M
Q4 25
Q3 25
$13.9B
Q2 25
$10.2B
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
CM
CM
HSY
HSY
Q1 26
$4.9B
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$5.2B
Q1 25
$5.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.5B
Stockholders' Equity
CM
CM
HSY
HSY
Q1 26
$47.9B
$4.7B
Q4 25
$4.6B
Q3 25
$45.9B
$4.6B
Q2 25
$45.2B
$4.5B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$4.2B
Q2 24
$4.0B
Total Assets
CM
CM
HSY
HSY
Q1 26
$826.8B
$13.8B
Q4 25
$13.7B
Q3 25
$804.6B
$13.6B
Q2 25
$795.8B
$13.6B
Q1 25
$14.0B
Q4 24
$12.9B
Q3 24
$12.6B
Q2 24
$12.4B
Debt / Equity
CM
CM
HSY
HSY
Q1 26
1.03×
Q4 25
1.01×
Q3 25
1.02×
Q2 25
1.15×
Q1 25
1.11×
Q4 24
0.68×
Q3 24
0.76×
Q2 24
0.87×

Cash Flow & Capital Efficiency

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

Metric
CM
CM
HSY
HSY
Operating Cash FlowLast quarter
$-1.6B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.69×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
HSY
HSY
Q1 26
$-1.6B
Q4 25
$926.6M
Q3 25
$4.3B
$841.9M
Q2 25
$667.2M
$112.2M
Q1 25
$396.7M
Q4 24
$941.6M
Q3 24
$695.3M
Q2 24
$325.6M
Free Cash Flow
CM
CM
HSY
HSY
Q1 26
Q4 25
$788.5M
Q3 25
$756.0M
Q2 25
$27.1M
Q1 25
$251.2M
Q4 24
$807.1M
Q3 24
$567.3M
Q2 24
$195.5M
FCF Margin
CM
CM
HSY
HSY
Q1 26
Q4 25
25.5%
Q3 25
23.8%
Q2 25
1.0%
Q1 25
9.0%
Q4 24
28.0%
Q3 24
19.0%
Q2 24
9.4%
Capex Intensity
CM
CM
HSY
HSY
Q1 26
Q4 25
4.5%
Q3 25
2.7%
Q2 25
3.3%
Q1 25
5.2%
Q4 24
4.7%
Q3 24
4.3%
Q2 24
6.3%
Cash Conversion
CM
CM
HSY
HSY
Q1 26
-0.69×
Q4 25
2.90×
Q3 25
2.80×
3.05×
Q2 25
0.46×
1.79×
Q1 25
1.77×
Q4 24
1.18×
Q3 24
1.56×
Q2 24
1.80×

Financial Flow Comparison

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

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