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Side-by-side financial comparison of COMERICA INC (CMA) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $838.0M, roughly 1.9× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 1.2%, a 19.8% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs -1.6%).
Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
CMA vs DAR — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $1.6B |
| Net Profit | $176.0M | $19.4M |
| Gross Margin | — | 24.7% |
| Operating Margin | — | 4.6% |
| Net Margin | 21.0% | 1.2% |
| Revenue YoY | 3.3% | 10.0% |
| Net Profit YoY | -4.3% | 14.2% |
| EPS (diluted) | $1.35 | $0.12 |
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.
| Q3 25 | $838.0M | $1.6B | ||
| Q2 25 | $849.0M | $1.5B | ||
| Q1 25 | $829.0M | $1.4B | ||
| Q4 24 | $825.0M | $1.4B | ||
| Q3 24 | $811.0M | $1.4B | ||
| Q2 24 | $824.0M | $1.5B | ||
| Q1 24 | $784.0M | $1.4B | ||
| Q4 23 | $192.0M | $1.6B |
| Q3 25 | $176.0M | $19.4M | ||
| Q2 25 | $199.0M | $12.7M | ||
| Q1 25 | $172.0M | $-26.2M | ||
| Q4 24 | $170.0M | $101.9M | ||
| Q3 24 | $184.0M | $16.9M | ||
| Q2 24 | $206.0M | $78.9M | ||
| Q1 24 | $138.0M | $81.2M | ||
| Q4 23 | $33.0M | $84.5M |
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 23.5% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 21.4% | ||
| Q4 23 | — | 27.0% |
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 10.2% | ||
| Q1 24 | — | 9.7% | ||
| Q4 23 | — | 9.8% |
| Q3 25 | 21.0% | 1.2% | ||
| Q2 25 | 23.4% | 0.9% | ||
| Q1 25 | 20.7% | -1.9% | ||
| Q4 24 | 20.6% | 7.2% | ||
| Q3 24 | 22.7% | 1.2% | ||
| Q2 24 | 25.0% | 5.4% | ||
| Q1 24 | 17.6% | 5.7% | ||
| Q4 23 | 17.2% | 5.2% |
| Q3 25 | $1.35 | $0.12 | ||
| Q2 25 | $1.42 | $0.08 | ||
| Q1 25 | $1.25 | $-0.16 | ||
| Q4 24 | $1.22 | $0.63 | ||
| Q3 24 | $1.33 | $0.11 | ||
| Q2 24 | $1.49 | $0.49 | ||
| Q1 24 | $0.98 | $0.50 | ||
| Q4 23 | $0.20 | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $91.5M |
| Total DebtLower is stronger | $5.4B | $4.0B |
| Stockholders' EquityBook value | $7.4B | $4.7B |
| Total Assets | $77.4B | $10.5B |
| Debt / EquityLower = less leverage | 0.73× | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $91.5M | ||
| Q2 25 | — | $94.6M | ||
| Q1 25 | — | $81.5M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | — | $114.8M | ||
| Q2 24 | — | $121.6M | ||
| Q1 24 | — | $145.5M | ||
| Q4 23 | — | $126.5M |
| Q3 25 | $5.4B | $4.0B | ||
| Q2 25 | $5.8B | $3.9B | ||
| Q1 25 | $5.7B | $3.8B | ||
| Q4 24 | $6.7B | $3.9B | ||
| Q3 24 | $6.8B | $4.1B | ||
| Q2 24 | $7.1B | $4.3B | ||
| Q1 24 | $7.1B | $4.4B | ||
| Q4 23 | $6.2B | $4.4B |
| Q3 25 | $7.4B | $4.7B | ||
| Q2 25 | $6.9B | $4.6B | ||
| Q1 25 | $7.1B | $4.4B | ||
| Q4 24 | $6.5B | $4.4B | ||
| Q3 24 | $7.4B | $4.6B | ||
| Q2 24 | $6.2B | $4.5B | ||
| Q1 24 | $6.0B | $4.6B | ||
| Q4 23 | $6.4B | $4.6B |
| Q3 25 | $77.4B | $10.5B | ||
| Q2 25 | $78.0B | $10.3B | ||
| Q1 25 | $77.6B | $10.0B | ||
| Q4 24 | $79.3B | $10.1B | ||
| Q3 24 | $79.7B | $10.6B | ||
| Q2 24 | $79.6B | $10.6B | ||
| Q1 24 | $79.4B | $10.9B | ||
| Q4 23 | $85.8B | $11.1B |
| Q3 25 | 0.73× | 0.86× | ||
| Q2 25 | 0.84× | 0.85× | ||
| Q1 25 | 0.81× | 0.86× | ||
| Q4 24 | 1.02× | 0.89× | ||
| Q3 24 | 0.92× | 0.91× | ||
| Q2 24 | 1.15× | 0.97× | ||
| Q1 24 | 1.18× | 0.95× | ||
| Q4 23 | 0.97× | 0.95× |
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 | $-270.0M | $224.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -1.53× | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-270.0M | $224.3M | ||
| Q2 25 | $476.0M | $145.8M | ||
| Q1 25 | $273.0M | $249.0M | ||
| Q4 24 | $601.0M | $154.4M | ||
| Q3 24 | $1.0B | $274.5M | ||
| Q2 24 | $111.0M | $146.5M | ||
| Q1 24 | $-205.0M | $263.9M | ||
| Q4 23 | $1.1B | $217.0M |
| Q3 25 | -1.53× | 11.59× | ||
| Q2 25 | 2.39× | 11.52× | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | 1.52× | ||
| Q3 24 | 5.70× | 16.19× | ||
| Q2 24 | 0.54× | 1.86× | ||
| Q1 24 | -1.49× | 3.25× | ||
| Q4 23 | 34.00× | 2.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
