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Side-by-side financial comparison of COMERICA INC (CMA) and eXp World Holdings, Inc. (EXPI). Click either name above to swap in a different company.

eXp World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $838.0M, roughly 1.4× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs -1.1%, a 22.1% gap on every dollar of revenue. On growth, eXp World Holdings, Inc. posted the faster year-over-year revenue change (8.5% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 12.4%).

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.

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

CMA vs EXPI — Head-to-Head

Bigger by revenue
EXPI
EXPI
1.4× larger
EXPI
$1.2B
$838.0M
CMA
Growing faster (revenue YoY)
EXPI
EXPI
+5.2% gap
EXPI
8.5%
3.3%
CMA
Higher net margin
CMA
CMA
22.1% more per $
CMA
21.0%
-1.1%
EXPI
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
12.4%
EXPI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CMA
CMA
EXPI
EXPI
Revenue
$838.0M
$1.2B
Net Profit
$176.0M
$-12.9M
Gross Margin
Operating Margin
-1.1%
Net Margin
21.0%
-1.1%
Revenue YoY
3.3%
8.5%
Net Profit YoY
-4.3%
-35.7%
EPS (diluted)
$1.35
$-0.08

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
CMA
CMA
EXPI
EXPI
Q4 25
$1.2B
Q3 25
$838.0M
$1.3B
Q2 25
$849.0M
$1.3B
Q1 25
$829.0M
$954.9M
Q4 24
$825.0M
$1.1B
Q3 24
$811.0M
$1.2B
Q2 24
$824.0M
$1.3B
Q1 24
$784.0M
$943.1M
Net Profit
CMA
CMA
EXPI
EXPI
Q4 25
$-12.9M
Q3 25
$176.0M
$3.5M
Q2 25
$199.0M
$-2.3M
Q1 25
$172.0M
$-11.0M
Q4 24
$170.0M
$-9.5M
Q3 24
$184.0M
$-8.5M
Q2 24
$206.0M
$12.4M
Q1 24
$138.0M
$-15.6M
Gross Margin
CMA
CMA
EXPI
EXPI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
99.9%
Q2 24
99.9%
Q1 24
Operating Margin
CMA
CMA
EXPI
EXPI
Q4 25
-1.1%
Q3 25
0.3%
Q2 25
-0.2%
Q1 25
-1.1%
Q4 24
-1.0%
Q3 24
-0.7%
Q2 24
1.4%
Q1 24
-1.9%
Net Margin
CMA
CMA
EXPI
EXPI
Q4 25
-1.1%
Q3 25
21.0%
0.3%
Q2 25
23.4%
-0.2%
Q1 25
20.7%
-1.2%
Q4 24
20.6%
-0.9%
Q3 24
22.7%
-0.7%
Q2 24
25.0%
1.0%
Q1 24
17.6%
-1.7%
EPS (diluted)
CMA
CMA
EXPI
EXPI
Q4 25
$-0.08
Q3 25
$1.35
$0.02
Q2 25
$1.42
$-0.01
Q1 25
$1.25
$-0.07
Q4 24
$1.22
$-0.06
Q3 24
$1.33
$-0.06
Q2 24
$1.49
$0.08
Q1 24
$0.98
$-0.10

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
EXPI
EXPI
Cash + ST InvestmentsLiquidity on hand
$124.2M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$7.4B
$242.8M
Total Assets
$77.4B
$442.5M
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
EXPI
EXPI
Q4 25
$124.2M
Q3 25
$112.8M
Q2 25
$94.6M
Q1 25
$115.7M
Q4 24
$113.6M
Q3 24
$130.4M
Q2 24
$108.4M
Q1 24
$109.2M
Total Debt
CMA
CMA
EXPI
EXPI
Q4 25
Q3 25
$5.4B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$7.1B
Q1 24
$7.1B
Stockholders' Equity
CMA
CMA
EXPI
EXPI
Q4 25
$242.8M
Q3 25
$7.4B
$235.3M
Q2 25
$6.9B
$218.4M
Q1 25
$7.1B
$212.0M
Q4 24
$6.5B
$204.9M
Q3 24
$7.4B
$211.1M
Q2 24
$6.2B
$220.3M
Q1 24
$6.0B
$222.4M
Total Assets
CMA
CMA
EXPI
EXPI
Q4 25
$442.5M
Q3 25
$77.4B
$458.7M
Q2 25
$78.0B
$481.2M
Q1 25
$77.6B
$435.8M
Q4 24
$79.3B
$390.7M
Q3 24
$79.7B
$432.6M
Q2 24
$79.6B
$457.4M
Q1 24
$79.4B
$426.7M
Debt / Equity
CMA
CMA
EXPI
EXPI
Q4 25
Q3 25
0.73×
Q2 25
0.84×
Q1 25
0.81×
Q4 24
1.02×
Q3 24
0.92×
Q2 24
1.15×
Q1 24
1.18×

Cash Flow & Capital Efficiency

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

Metric
CMA
CMA
EXPI
EXPI
Operating Cash FlowLast quarter
$-270.0M
$13.8M
Free Cash FlowOCF − Capex
$11.9M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
-1.53×
TTM Free Cash FlowTrailing 4 quarters
$109.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
EXPI
EXPI
Q4 25
$13.8M
Q3 25
$-270.0M
$28.9M
Q2 25
$476.0M
$36.1M
Q1 25
$273.0M
$39.8M
Q4 24
$601.0M
$13.7M
Q3 24
$1.0B
$46.0M
Q2 24
$111.0M
$71.1M
Q1 24
$-205.0M
$60.7M
Free Cash Flow
CMA
CMA
EXPI
EXPI
Q4 25
$11.9M
Q3 25
$26.6M
Q2 25
$33.3M
Q1 25
$37.3M
Q4 24
$11.6M
Q3 24
$44.4M
Q2 24
$69.7M
Q1 24
$59.3M
FCF Margin
CMA
CMA
EXPI
EXPI
Q4 25
1.0%
Q3 25
2.0%
Q2 25
2.5%
Q1 25
3.9%
Q4 24
1.1%
Q3 24
3.6%
Q2 24
5.4%
Q1 24
6.3%
Capex Intensity
CMA
CMA
EXPI
EXPI
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
CMA
CMA
EXPI
EXPI
Q4 25
Q3 25
-1.53×
8.26×
Q2 25
2.39×
Q1 25
1.59×
Q4 24
3.54×
Q3 24
5.70×
Q2 24
0.54×
5.75×
Q1 24
-1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

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