vs
Side-by-side financial comparison of COMERICA INC (CMA) and Natera, Inc. (NTRA). Click either name above to swap in a different company.
COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $665.5M, roughly 1.3× Natera, Inc.). COMERICA INC runs the higher net margin — 21.0% vs 7.1%, a 13.9% gap on every dollar of revenue. On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 34.5%).
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.
Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...
CMA vs NTRA — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $665.5M |
| Net Profit | $176.0M | $47.3M |
| Gross Margin | — | — |
| Operating Margin | — | -3.4% |
| Net Margin | 21.0% | 7.1% |
| Revenue YoY | 3.3% | 39.8% |
| Net Profit YoY | -4.3% | 187.9% |
| EPS (diluted) | $1.35 | $0.36 |
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 | — | $665.5M | ||
| Q3 25 | $838.0M | $592.2M | ||
| Q2 25 | $849.0M | $546.6M | ||
| Q1 25 | $829.0M | $501.8M | ||
| Q4 24 | $825.0M | $476.1M | ||
| Q3 24 | $811.0M | $439.8M | ||
| Q2 24 | $824.0M | $413.4M | ||
| Q1 24 | $784.0M | $367.7M |
| Q4 25 | — | $47.3M | ||
| Q3 25 | $176.0M | $-87.5M | ||
| Q2 25 | $199.0M | $-100.9M | ||
| Q1 25 | $172.0M | $-66.9M | ||
| Q4 24 | $170.0M | $-53.8M | ||
| Q3 24 | $184.0M | $-31.6M | ||
| Q2 24 | $206.0M | $-37.5M | ||
| Q1 24 | $138.0M | $-67.6M |
| Q4 25 | — | -3.4% | ||
| Q3 25 | — | -16.5% | ||
| Q2 25 | — | -20.2% | ||
| Q1 25 | — | -15.8% | ||
| Q4 24 | — | -13.6% | ||
| Q3 24 | — | -8.9% | ||
| Q2 24 | — | -10.6% | ||
| Q1 24 | — | -20.2% |
| Q4 25 | — | 7.1% | ||
| Q3 25 | 21.0% | -14.8% | ||
| Q2 25 | 23.4% | -18.5% | ||
| Q1 25 | 20.7% | -13.3% | ||
| Q4 24 | 20.6% | -11.3% | ||
| Q3 24 | 22.7% | -7.2% | ||
| Q2 24 | 25.0% | -9.1% | ||
| Q1 24 | 17.6% | -18.4% |
| Q4 25 | — | $0.36 | ||
| Q3 25 | $1.35 | $-0.64 | ||
| Q2 25 | $1.42 | $-0.74 | ||
| Q1 25 | $1.25 | $-0.50 | ||
| Q4 24 | $1.22 | $-0.41 | ||
| Q3 24 | $1.33 | $-0.26 | ||
| Q2 24 | $1.49 | $-0.30 | ||
| Q1 24 | $0.98 | $-0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $5.4B | — |
| Stockholders' EquityBook value | $7.4B | $1.7B |
| Total Assets | $77.4B | $2.4B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $1.0M | ||
| Q2 25 | — | $16.0M | ||
| Q1 25 | — | $17.8M | ||
| Q4 24 | — | $22.7M | ||
| Q3 24 | — | $29.5M | ||
| Q2 24 | — | $90.3M | ||
| Q1 24 | — | $69.1M |
| 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 | — | $1.7B | ||
| Q3 25 | $7.4B | $1.3B | ||
| Q2 25 | $6.9B | $1.2B | ||
| Q1 25 | $7.1B | $1.2B | ||
| Q4 24 | $6.5B | $1.2B | ||
| Q3 24 | $7.4B | $878.5M | ||
| Q2 24 | $6.2B | $836.5M | ||
| Q1 24 | $6.0B | $794.1M |
| Q4 25 | — | $2.4B | ||
| Q3 25 | $77.4B | $1.8B | ||
| Q2 25 | $78.0B | $1.8B | ||
| Q1 25 | $77.6B | $1.7B | ||
| Q4 24 | $79.3B | $1.7B | ||
| Q3 24 | $79.7B | $1.6B | ||
| Q2 24 | $79.6B | $1.5B | ||
| Q1 24 | $79.4B | $1.5B |
| 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 | $73.9M |
| Free Cash FlowOCF − Capex | — | $37.8M |
| FCF MarginFCF / Revenue | — | 5.7% |
| Capex IntensityCapex / Revenue | — | 5.4% |
| Cash ConversionOCF / Net Profit | -1.53× | 1.56× |
| TTM Free Cash FlowTrailing 4 quarters | — | $109.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $73.9M | ||
| Q3 25 | $-270.0M | $59.4M | ||
| Q2 25 | $476.0M | $37.6M | ||
| Q1 25 | $273.0M | $44.5M | ||
| Q4 24 | $601.0M | $52.9M | ||
| Q3 24 | $1.0B | $51.8M | ||
| Q2 24 | $111.0M | $4.0M | ||
| Q1 24 | $-205.0M | $27.0M |
| Q4 25 | — | $37.8M | ||
| Q3 25 | — | $37.0M | ||
| Q2 25 | — | $11.7M | ||
| Q1 25 | — | $22.6M | ||
| Q4 24 | — | $34.8M | ||
| Q3 24 | — | $35.5M | ||
| Q2 24 | — | $-7.7M | ||
| Q1 24 | — | $6.7M |
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | -1.9% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | — | 1.56× | ||
| Q3 25 | -1.53× | — | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 5.70× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
