vs
Side-by-side financial comparison of COMERICA INC (CMA) and IES Holdings, Inc. (IESC). Click either name above to swap in a different company.
IES Holdings, Inc. is the larger business by last-quarter revenue ($871.0M vs $838.0M, roughly 1.0× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 10.5%, a 10.5% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 11.1%).
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.
IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc., designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities.
CMA vs IESC — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $871.0M |
| Net Profit | $176.0M | $91.8M |
| Gross Margin | — | 25.3% |
| Operating Margin | — | 11.2% |
| Net Margin | 21.0% | 10.5% |
| Revenue YoY | 3.3% | 16.2% |
| Net Profit YoY | -4.3% | 59.1% |
| EPS (diluted) | $1.35 | $4.51 |
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.
| Q4 25 | — | $871.0M | ||
| Q3 25 | $838.0M | $897.8M | ||
| Q2 25 | $849.0M | $890.2M | ||
| Q1 25 | $829.0M | $834.0M | ||
| Q4 24 | $825.0M | $749.5M | ||
| Q3 24 | $811.0M | $775.8M | ||
| Q2 24 | $824.0M | $768.4M | ||
| Q1 24 | $784.0M | $705.7M |
| Q4 25 | — | $91.8M | ||
| Q3 25 | $176.0M | $102.3M | ||
| Q2 25 | $199.0M | $79.3M | ||
| Q1 25 | $172.0M | $72.6M | ||
| Q4 24 | $170.0M | $57.7M | ||
| Q3 24 | $184.0M | $65.5M | ||
| Q2 24 | $206.0M | $66.6M | ||
| Q1 24 | $138.0M | $56.8M |
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 24.3% |
| Q4 25 | — | 11.2% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | — | 12.6% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 11.7% | ||
| Q1 24 | — | 11.0% |
| Q4 25 | — | 10.5% | ||
| Q3 25 | 21.0% | 11.4% | ||
| Q2 25 | 23.4% | 8.9% | ||
| Q1 25 | 20.7% | 8.7% | ||
| Q4 24 | 20.6% | 7.7% | ||
| Q3 24 | 22.7% | 8.4% | ||
| Q2 24 | 25.0% | 8.7% | ||
| Q1 24 | 17.6% | 8.0% |
| Q4 25 | — | $4.51 | ||
| Q3 25 | $1.35 | $4.99 | ||
| Q2 25 | $1.42 | $3.81 | ||
| Q1 25 | $1.25 | $3.50 | ||
| Q4 24 | $1.22 | $2.72 | ||
| Q3 24 | $1.33 | $3.06 | ||
| Q2 24 | $1.49 | $2.67 | ||
| Q1 24 | $0.98 | $2.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $258.7M |
| Total DebtLower is stronger | $5.4B | — |
| Stockholders' EquityBook value | $7.4B | $961.1M |
| Total Assets | $77.4B | $1.7B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $258.7M | ||
| Q3 25 | — | $231.8M | ||
| Q2 25 | — | $168.3M | ||
| Q1 25 | — | $88.3M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | — | $135.8M | ||
| Q2 24 | — | $44.9M | ||
| Q1 24 | — | $106.0M |
| 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 | — |
| Q4 25 | — | $961.1M | ||
| Q3 25 | $7.4B | $884.0M | ||
| Q2 25 | $6.9B | $781.4M | ||
| Q1 25 | $7.1B | $705.8M | ||
| Q4 24 | $6.5B | $652.4M | ||
| Q3 24 | $7.4B | $611.1M | ||
| Q2 24 | $6.2B | $567.5M | ||
| Q1 24 | $6.0B | $534.8M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $77.4B | $1.6B | ||
| Q2 25 | $78.0B | $1.5B | ||
| Q1 25 | $77.6B | $1.4B | ||
| Q4 24 | $79.3B | $1.3B | ||
| Q3 24 | $79.7B | $1.2B | ||
| Q2 24 | $79.6B | $1.2B | ||
| Q1 24 | $79.4B | $1.1B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-270.0M | $27.7M |
| Free Cash FlowOCF − Capex | — | $-18.9M |
| FCF MarginFCF / Revenue | — | -2.2% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | -1.53× | 0.30× |
| TTM Free Cash FlowTrailing 4 quarters | — | $175.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $27.7M | ||
| Q3 25 | $-270.0M | $132.0M | ||
| Q2 25 | $476.0M | $92.0M | ||
| Q1 25 | $273.0M | $24.8M | ||
| Q4 24 | $601.0M | $37.3M | ||
| Q3 24 | $1.0B | $92.8M | ||
| Q2 24 | $111.0M | $82.9M | ||
| Q1 24 | $-205.0M | $33.7M |
| Q4 25 | — | $-18.9M | ||
| Q3 25 | — | $112.0M | ||
| Q2 25 | — | $74.8M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | — | $24.1M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $65.4M | ||
| Q1 24 | — | $26.9M |
| Q4 25 | — | -2.2% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 3.8% |
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | 0.30× | ||
| Q3 25 | -1.53× | 1.29× | ||
| Q2 25 | 2.39× | 1.16× | ||
| Q1 25 | 1.59× | 0.34× | ||
| Q4 24 | 3.54× | 0.65× | ||
| Q3 24 | 5.70× | 1.42× | ||
| Q2 24 | 0.54× | 1.24× | ||
| Q1 24 | -1.49× | 0.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
