vs

Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and Welltower (WELL). 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 $3.4B, roughly 1.8× Welltower). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 22.4%, a 14.5% 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.

Welltower Inc. is a real estate investment trust that invests in healthcare infrastructure. As of December 31, 2022, the company had investments in approximately 3,000 properties, all of which were in the United States, Canada, and the United Kingdom.

CM vs WELL — Head-to-Head

Bigger by revenue
CM
CM
1.8× larger
CM
$6.1B
$3.4B
WELL
Higher net margin
CM
CM
14.5% more per $
CM
36.9%
22.4%
WELL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CM
CM
WELL
WELL
Revenue
$6.1B
$3.4B
Net Profit
$2.3B
$752.3M
Gross Margin
Operating Margin
Net Margin
36.9%
22.4%
Revenue YoY
38.3%
Net Profit YoY
192.4%
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
WELL
WELL
Q1 26
$6.1B
$3.4B
Q4 25
$2.6B
Q3 25
$5.3B
$2.1B
Q2 25
$5.1B
$2.0B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.5B
Q2 24
$1.4B
Net Profit
CM
CM
WELL
WELL
Q1 26
$2.3B
$752.3M
Q4 25
$117.8M
Q3 25
$1.5B
$282.2M
Q2 25
$1.5B
$304.6M
Q1 25
$257.3M
Q4 24
$123.8M
Q3 24
$456.8M
Q2 24
$260.7M
Gross Margin
CM
CM
WELL
WELL
Q1 26
Q4 25
24.3%
Q3 25
23.5%
Q2 25
23.2%
Q1 25
21.6%
Q4 24
20.0%
Q3 24
19.8%
Q2 24
20.2%
Operating Margin
CM
CM
WELL
WELL
Q1 26
Q4 25
Q3 25
14.2%
Q2 25
15.1%
Q1 25
10.7%
Q4 24
6.2%
Q3 24
12.2%
Q2 24
6.5%
Net Margin
CM
CM
WELL
WELL
Q1 26
36.9%
22.4%
Q4 25
4.6%
Q3 25
28.9%
13.7%
Q2 25
28.6%
15.5%
Q1 25
13.8%
Q4 24
7.0%
Q3 24
30.2%
Q2 24
18.7%
EPS (diluted)
CM
CM
WELL
WELL
Q1 26
Q4 25
$0.13
Q3 25
$0.41
Q2 25
$0.45
Q1 25
$0.40
Q4 24
$0.20
Q3 24
$0.73
Q2 24
$0.42

Balance Sheet & Financial Strength

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

Metric
CM
CM
WELL
WELL
Cash + ST InvestmentsLiquidity on hand
$8.0B
$4.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$47.9B
$44.7B
Total Assets
$826.8B
$67.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
WELL
WELL
Q1 26
$8.0B
$4.7B
Q4 25
$5.0B
Q3 25
$13.9B
$6.8B
Q2 25
$10.2B
$4.4B
Q1 25
$3.5B
Q4 24
$3.5B
Q3 24
$3.6B
Q2 24
$2.8B
Total Debt
CM
CM
WELL
WELL
Q1 26
Q4 25
$19.2B
Q3 25
$16.9B
Q2 25
$16.0B
Q1 25
$15.7B
Q4 24
$15.5B
Q3 24
$15.8B
Q2 24
$13.9B
Stockholders' Equity
CM
CM
WELL
WELL
Q1 26
$47.9B
$44.7B
Q4 25
$42.1B
Q3 25
$45.9B
$38.8B
Q2 25
$45.2B
$35.9B
Q1 25
$34.0B
Q4 24
$32.0B
Q3 24
$30.3B
Q2 24
$29.0B
Total Assets
CM
CM
WELL
WELL
Q1 26
$826.8B
$67.2B
Q4 25
$67.3B
Q3 25
$804.6B
$59.5B
Q2 25
$795.8B
$55.8B
Q1 25
$53.3B
Q4 24
$51.0B
Q3 24
$49.0B
Q2 24
$45.5B
Debt / Equity
CM
CM
WELL
WELL
Q1 26
Q4 25
0.46×
Q3 25
0.43×
Q2 25
0.44×
Q1 25
0.46×
Q4 24
0.49×
Q3 24
0.52×
Q2 24
0.48×

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
WELL
WELL
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
WELL
WELL
Q1 26
$-1.6B
Q4 25
$654.3M
Q3 25
$4.3B
$858.4M
Q2 25
$667.2M
$770.0M
Q1 25
$599.0M
Q4 24
$559.2M
Q3 24
$685.0M
Q2 24
$605.4M
Free Cash Flow
CM
CM
WELL
WELL
Q1 26
Q4 25
$340.4M
Q3 25
$595.3M
Q2 25
$537.2M
Q1 25
$358.6M
Q4 24
$240.4M
Q3 24
$443.8M
Q2 24
$440.3M
FCF Margin
CM
CM
WELL
WELL
Q1 26
Q4 25
13.3%
Q3 25
28.9%
Q2 25
27.3%
Q1 25
19.2%
Q4 24
13.6%
Q3 24
29.4%
Q2 24
31.6%
Capex Intensity
CM
CM
WELL
WELL
Q1 26
Q4 25
12.3%
Q3 25
12.8%
Q2 25
11.8%
Q1 25
12.9%
Q4 24
18.1%
Q3 24
16.0%
Q2 24
11.8%
Cash Conversion
CM
CM
WELL
WELL
Q1 26
-0.69×
Q4 25
5.56×
Q3 25
2.80×
3.04×
Q2 25
0.46×
2.53×
Q1 25
2.33×
Q4 24
4.52×
Q3 24
1.50×
Q2 24
2.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CM
CM

Segment breakdown not available.

WELL
WELL

Resident fees and services$2.8B83%
Rental income$453.8M14%
Other$117.2M3%

Related Comparisons