vs

Side-by-side financial comparison of COMERICA INC (CMA) and F5, Inc. (FFIV). Click either name above to swap in a different company.

COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $822.5M, roughly 1.0× F5, Inc.). F5, Inc. runs the higher net margin — 21.9% vs 21.0%, a 0.9% gap on every dollar of revenue. On growth, F5, Inc. posted the faster year-over-year revenue change (7.3% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 9.9%).

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.

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability and performance, and network security, access, and authorization.

CMA vs FFIV — Head-to-Head

Bigger by revenue
CMA
CMA
1.0× larger
CMA
$838.0M
$822.5M
FFIV
Growing faster (revenue YoY)
FFIV
FFIV
+4.0% gap
FFIV
7.3%
3.3%
CMA
Higher net margin
FFIV
FFIV
0.9% more per $
FFIV
21.9%
21.0%
CMA
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
9.9%
FFIV

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CMA
CMA
FFIV
FFIV
Revenue
$838.0M
$822.5M
Net Profit
$176.0M
$180.1M
Gross Margin
81.5%
Operating Margin
26.0%
Net Margin
21.0%
21.9%
Revenue YoY
3.3%
7.3%
Net Profit YoY
-4.3%
8.2%
EPS (diluted)
$1.35
$3.10

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
FFIV
FFIV
Q4 25
$822.5M
Q3 25
$838.0M
$810.1M
Q2 25
$849.0M
$780.4M
Q1 25
$829.0M
$731.1M
Q4 24
$825.0M
$766.5M
Q3 24
$811.0M
$746.7M
Q2 24
$824.0M
$695.5M
Q1 24
$784.0M
$681.4M
Net Profit
CMA
CMA
FFIV
FFIV
Q4 25
$180.1M
Q3 25
$176.0M
$190.5M
Q2 25
$199.0M
$189.9M
Q1 25
$172.0M
$145.5M
Q4 24
$170.0M
$166.4M
Q3 24
$184.0M
$165.3M
Q2 24
$206.0M
$144.1M
Q1 24
$138.0M
$119.0M
Gross Margin
CMA
CMA
FFIV
FFIV
Q4 25
81.5%
Q3 25
82.2%
Q2 25
81.0%
Q1 25
80.7%
Q4 24
81.7%
Q3 24
80.8%
Q2 24
80.4%
Q1 24
79.3%
Operating Margin
CMA
CMA
FFIV
FFIV
Q4 25
26.0%
Q3 25
25.4%
Q2 25
25.2%
Q1 25
21.7%
Q4 24
26.8%
Q3 24
25.6%
Q2 24
23.4%
Q1 24
20.5%
Net Margin
CMA
CMA
FFIV
FFIV
Q4 25
21.9%
Q3 25
21.0%
23.5%
Q2 25
23.4%
24.3%
Q1 25
20.7%
19.9%
Q4 24
20.6%
21.7%
Q3 24
22.7%
22.1%
Q2 24
25.0%
20.7%
Q1 24
17.6%
17.5%
EPS (diluted)
CMA
CMA
FFIV
FFIV
Q4 25
$3.10
Q3 25
$1.35
$3.25
Q2 25
$1.42
$3.25
Q1 25
$1.25
$2.48
Q4 24
$1.22
$2.82
Q3 24
$1.33
$2.79
Q2 24
$1.49
$2.44
Q1 24
$0.98
$2.00

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
FFIV
FFIV
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$7.4B
$3.5B
Total Assets
$77.4B
$6.3B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
FFIV
FFIV
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$935.6M
Q1 24
$903.5M
Total Debt
CMA
CMA
FFIV
FFIV
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
FFIV
FFIV
Q4 25
$3.5B
Q3 25
$7.4B
$3.6B
Q2 25
$6.9B
$3.5B
Q1 25
$7.1B
$3.3B
Q4 24
$6.5B
$3.2B
Q3 24
$7.4B
$3.1B
Q2 24
$6.2B
$3.0B
Q1 24
$6.0B
$2.9B
Total Assets
CMA
CMA
FFIV
FFIV
Q4 25
$6.3B
Q3 25
$77.4B
$6.3B
Q2 25
$78.0B
$6.1B
Q1 25
$77.6B
$5.9B
Q4 24
$79.3B
$5.9B
Q3 24
$79.7B
$5.6B
Q2 24
$79.6B
$5.4B
Q1 24
$79.4B
$5.4B
Debt / Equity
CMA
CMA
FFIV
FFIV
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
FFIV
FFIV
Operating Cash FlowLast quarter
$-270.0M
$159.2M
Free Cash FlowOCF − Capex
$149.5M
FCF MarginFCF / Revenue
18.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
-1.53×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$861.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
FFIV
FFIV
Q4 25
$159.2M
Q3 25
$-270.0M
$208.1M
Q2 25
$476.0M
$282.2M
Q1 25
$273.0M
$256.6M
Q4 24
$601.0M
$202.8M
Q3 24
$1.0B
$246.5M
Q2 24
$111.0M
$159.0M
Q1 24
$-205.0M
$221.6M
Free Cash Flow
CMA
CMA
FFIV
FFIV
Q4 25
$149.5M
Q3 25
$191.9M
Q2 25
$273.7M
Q1 25
$246.1M
Q4 24
$194.7M
Q3 24
$240.4M
Q2 24
$153.1M
Q1 24
$212.2M
FCF Margin
CMA
CMA
FFIV
FFIV
Q4 25
18.2%
Q3 25
23.7%
Q2 25
35.1%
Q1 25
33.7%
Q4 24
25.4%
Q3 24
32.2%
Q2 24
22.0%
Q1 24
31.1%
Capex Intensity
CMA
CMA
FFIV
FFIV
Q4 25
1.2%
Q3 25
2.0%
Q2 25
1.1%
Q1 25
1.4%
Q4 24
1.1%
Q3 24
0.8%
Q2 24
0.8%
Q1 24
1.4%
Cash Conversion
CMA
CMA
FFIV
FFIV
Q4 25
0.88×
Q3 25
-1.53×
1.09×
Q2 25
2.39×
1.49×
Q1 25
1.59×
1.76×
Q4 24
3.54×
1.22×
Q3 24
5.70×
1.49×
Q2 24
0.54×
1.10×
Q1 24
-1.49×
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

FFIV
FFIV

Services$412.2M50%
Products$410.3M50%

Related Comparisons