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Side-by-side financial comparison of COMERICA INC (CMA) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.
COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $440.9M, roughly 1.9× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 21.0%, a 6.8% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 0.9%).
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.
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
CMA vs NJR — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $440.9M |
| Net Profit | $176.0M | $122.5M |
| Gross Margin | — | — |
| Operating Margin | — | 40.6% |
| Net Margin | 21.0% | 27.8% |
| Revenue YoY | 3.3% | 22.8% |
| Net Profit YoY | -4.3% | -6.7% |
| EPS (diluted) | $1.35 | $1.21 |
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 | — | $440.9M | ||
| Q3 25 | $838.0M | $188.3M | ||
| Q2 25 | $849.0M | $234.8M | ||
| Q1 25 | $829.0M | $569.2M | ||
| Q4 24 | $825.0M | $359.0M | ||
| Q3 24 | $811.0M | $265.7M | ||
| Q2 24 | $824.0M | $209.9M | ||
| Q1 24 | $784.0M | $433.2M |
| Q4 25 | — | $122.5M | ||
| Q3 25 | $176.0M | $15.1M | ||
| Q2 25 | $199.0M | $-15.1M | ||
| Q1 25 | $172.0M | $204.3M | ||
| Q4 24 | $170.0M | $131.3M | ||
| Q3 24 | $184.0M | $91.1M | ||
| Q2 24 | $206.0M | $-11.6M | ||
| Q1 24 | $138.0M | $120.8M |
| Q4 25 | — | 40.6% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | -0.5% | ||
| Q1 25 | — | 49.2% | ||
| Q4 24 | — | 52.8% | ||
| Q3 24 | — | 55.0% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 39.3% |
| Q4 25 | — | 27.8% | ||
| Q3 25 | 21.0% | 8.0% | ||
| Q2 25 | 23.4% | -6.4% | ||
| Q1 25 | 20.7% | 35.9% | ||
| Q4 24 | 20.6% | 36.6% | ||
| Q3 24 | 22.7% | 34.3% | ||
| Q2 24 | 25.0% | -5.5% | ||
| Q1 24 | 17.6% | 27.9% |
| Q4 25 | — | $1.21 | ||
| Q3 25 | $1.35 | $0.15 | ||
| Q2 25 | $1.42 | $-0.15 | ||
| Q1 25 | $1.25 | $2.02 | ||
| Q4 24 | $1.22 | $1.31 | ||
| Q3 24 | $1.33 | $0.91 | ||
| Q2 24 | $1.49 | $-0.12 | ||
| Q1 24 | $0.98 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.4M |
| Total DebtLower is stronger | $5.4B | $3.3B |
| Stockholders' EquityBook value | $7.4B | $2.5B |
| Total Assets | $77.4B | $7.9B |
| Debt / EquityLower = less leverage | 0.73× | 1.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.4M | ||
| Q3 25 | — | $591.0K | ||
| Q2 25 | — | $931.0K | ||
| Q1 25 | — | $83.7M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | — | $1.0M | ||
| Q2 24 | — | $22.4M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | $5.4B | $3.3B | ||
| Q2 25 | $5.8B | $3.0B | ||
| Q1 25 | $5.7B | $3.0B | ||
| Q4 24 | $6.7B | $3.0B | ||
| Q3 24 | $6.8B | $2.9B | ||
| Q2 24 | $7.1B | $2.8B | ||
| Q1 24 | $7.1B | $2.7B |
| Q4 25 | — | $2.5B | ||
| Q3 25 | $7.4B | $2.4B | ||
| Q2 25 | $6.9B | $2.4B | ||
| Q1 25 | $7.1B | $2.5B | ||
| Q4 24 | $6.5B | $2.3B | ||
| Q3 24 | $7.4B | $2.2B | ||
| Q2 24 | $6.2B | $2.1B | ||
| Q1 24 | $6.0B | $2.2B |
| Q4 25 | — | $7.9B | ||
| Q3 25 | $77.4B | $7.6B | ||
| Q2 25 | $78.0B | $7.3B | ||
| Q1 25 | $77.6B | $7.3B | ||
| Q4 24 | $79.3B | $7.2B | ||
| Q3 24 | $79.7B | $7.0B | ||
| Q2 24 | $79.6B | $6.8B | ||
| Q1 24 | $79.4B | $6.6B |
| Q4 25 | — | 1.32× | ||
| Q3 25 | 0.73× | 1.36× | ||
| Q2 25 | 0.84× | 1.25× | ||
| Q1 25 | 0.81× | 1.20× | ||
| Q4 24 | 1.02× | 1.29× | ||
| Q3 24 | 0.92× | 1.31× | ||
| Q2 24 | 1.15× | 1.30× | ||
| Q1 24 | 1.18× | 1.25× |
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 | $26.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -1.53× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $26.7M | ||
| Q3 25 | $-270.0M | $81.2M | ||
| Q2 25 | $476.0M | $-28.9M | ||
| Q1 25 | $273.0M | $423.0M | ||
| Q4 24 | $601.0M | $-9.0M | ||
| Q3 24 | $1.0B | $64.5M | ||
| Q2 24 | $111.0M | $24.3M | ||
| Q1 24 | $-205.0M | $292.2M |
| Q4 25 | — | 0.22× | ||
| Q3 25 | -1.53× | 5.39× | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | 2.07× | ||
| Q4 24 | 3.54× | -0.07× | ||
| Q3 24 | 5.70× | 0.71× | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | 2.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
NJR
| Residential | $284.1M | 64% |
| Commercialand Industrial | $53.4M | 12% |
| Firm Transportation | $34.7M | 8% |
| Storage And Transportation ST Segment | $28.1M | 6% |
| Home Services And Other HSO | $16.0M | 4% |
| Energy Services ES Segment | $12.8M | 3% |
| Installationand Maintenance | $6.6M | 1% |
| Electricity | $5.6M | 1% |
| Renewable Energy Certificates | $3.7M | 1% |
| Interruptibleand Offtariff | $2.4M | 1% |
