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Side-by-side financial comparison of COMERICA INC (CMA) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $592.6M, roughly 1.4× KENNAMETAL INC). COMERICA INC runs the higher net margin — 21.0% vs 10.3%, a 10.7% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (21.8% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 4.4%).
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.
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
CMA vs KMT — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $592.6M |
| Net Profit | $176.0M | $61.1M |
| Gross Margin | — | 35.1% |
| Operating Margin | — | 13.4% |
| Net Margin | 21.0% | 10.3% |
| Revenue YoY | 3.3% | 21.8% |
| Net Profit YoY | -4.3% | 85.0% |
| EPS (diluted) | $1.35 | $0.75 |
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.
| Q1 26 | — | $592.6M | ||
| Q4 25 | — | $529.5M | ||
| Q3 25 | $838.0M | $498.0M | ||
| Q2 25 | $849.0M | $516.4M | ||
| Q1 25 | $829.0M | $486.4M | ||
| Q4 24 | $825.0M | $482.1M | ||
| Q3 24 | $811.0M | $481.9M | ||
| Q2 24 | $824.0M | $543.3M |
| Q1 26 | — | $61.1M | ||
| Q4 25 | — | $33.9M | ||
| Q3 25 | $176.0M | $23.3M | ||
| Q2 25 | $199.0M | $21.6M | ||
| Q1 25 | $172.0M | $31.5M | ||
| Q4 24 | $170.0M | $17.9M | ||
| Q3 24 | $184.0M | $22.1M | ||
| Q2 24 | $206.0M | $37.2M |
| Q1 26 | — | 35.1% | ||
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 32.1% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 31.3% | ||
| Q2 24 | — | 31.5% |
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 9.9% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 6.1% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 11.3% |
| Q1 26 | — | 10.3% | ||
| Q4 25 | — | 6.4% | ||
| Q3 25 | 21.0% | 4.7% | ||
| Q2 25 | 23.4% | 4.2% | ||
| Q1 25 | 20.7% | 6.5% | ||
| Q4 24 | 20.6% | 3.7% | ||
| Q3 24 | 22.7% | 4.6% | ||
| Q2 24 | 25.0% | 6.8% |
| Q1 26 | — | $0.75 | ||
| Q4 25 | — | $0.44 | ||
| Q3 25 | $1.35 | $0.30 | ||
| Q2 25 | $1.42 | $0.28 | ||
| Q1 25 | $1.25 | $0.41 | ||
| Q4 24 | $1.22 | $0.23 | ||
| Q3 24 | $1.33 | $0.28 | ||
| Q2 24 | $1.49 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $106.8M |
| Total DebtLower is stronger | $5.4B | $597.4M |
| Stockholders' EquityBook value | $7.4B | — |
| Total Assets | $77.4B | $2.7B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $106.8M | ||
| Q4 25 | — | $129.3M | ||
| Q3 25 | — | $103.5M | ||
| Q2 25 | — | $140.5M | ||
| Q1 25 | — | $97.5M | ||
| Q4 24 | — | $121.2M | ||
| Q3 24 | — | $119.6M | ||
| Q2 24 | — | $128.0M |
| Q1 26 | — | $597.4M | ||
| Q4 25 | — | $597.2M | ||
| Q3 25 | $5.4B | $597.0M | ||
| Q2 25 | $5.8B | $596.8M | ||
| Q1 25 | $5.7B | $596.6M | ||
| Q4 24 | $6.7B | $596.4M | ||
| Q3 24 | $6.8B | $596.2M | ||
| Q2 24 | $7.1B | $596.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | $7.4B | $1.3B | ||
| Q2 25 | $6.9B | $1.3B | ||
| Q1 25 | $7.1B | $1.2B | ||
| Q4 24 | $6.5B | $1.2B | ||
| Q3 24 | $7.4B | $1.3B | ||
| Q2 24 | $6.2B | $1.2B |
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | $77.4B | $2.5B | ||
| Q2 25 | $78.0B | $2.5B | ||
| Q1 25 | $77.6B | $2.5B | ||
| Q4 24 | $79.3B | $2.4B | ||
| Q3 24 | $79.7B | $2.5B | ||
| Q2 24 | $79.6B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | 0.73× | 0.46× | ||
| Q2 25 | 0.84× | 0.46× | ||
| Q1 25 | 0.81× | 0.48× | ||
| Q4 24 | 1.02× | 0.49× | ||
| Q3 24 | 0.92× | 0.47× | ||
| Q2 24 | 1.15× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-270.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -1.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $55.1M | ||
| Q3 25 | $-270.0M | $17.5M | ||
| Q2 25 | $476.0M | $78.6M | ||
| Q1 25 | $273.0M | $28.8M | ||
| Q4 24 | $601.0M | $55.2M | ||
| Q3 24 | $1.0B | $45.7M | ||
| Q2 24 | $111.0M | $113.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $42.4M | ||
| Q3 25 | — | $-5.5M | ||
| Q2 25 | — | $57.1M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | — | $35.9M | ||
| Q3 24 | — | $21.0M | ||
| Q2 24 | — | $90.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | -1.1% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.63× | ||
| Q3 25 | -1.53× | 0.75× | ||
| Q2 25 | 2.39× | 3.64× | ||
| Q1 25 | 1.59× | 0.92× | ||
| Q4 24 | 3.54× | 3.08× | ||
| Q3 24 | 5.70× | 2.07× | ||
| Q2 24 | 0.54× | 3.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
KMT
| Americas | $298.3M | 50% |
| EMEA | $174.0M | 29% |
| Asia Pacific | $120.3M | 20% |
