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

ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $838.0M, roughly 1.9× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 16.4%, a 4.6% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs -10.0%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs -12.3%).

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.

Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...

CMA vs ON — Head-to-Head

Bigger by revenue
ON
ON
1.9× larger
ON
$1.6B
$838.0M
CMA
Growing faster (revenue YoY)
CMA
CMA
+13.3% gap
CMA
3.3%
-10.0%
ON
Higher net margin
CMA
CMA
4.6% more per $
CMA
21.0%
16.4%
ON
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
-12.3%
ON

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CMA
CMA
ON
ON
Revenue
$838.0M
$1.6B
Net Profit
$176.0M
$255.0M
Gross Margin
37.9%
Operating Margin
17.0%
Net Margin
21.0%
16.4%
Revenue YoY
3.3%
-10.0%
Net Profit YoY
-4.3%
-32.9%
EPS (diluted)
$1.35
$0.63

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
ON
ON
Q4 25
$1.6B
Q3 25
$838.0M
$1.5B
Q2 25
$849.0M
$1.4B
Q1 25
$829.0M
Q4 24
$825.0M
$1.7B
Q3 24
$811.0M
$1.8B
Q2 24
$824.0M
$1.7B
Q1 24
$784.0M
$1.9B
Net Profit
CMA
CMA
ON
ON
Q4 25
$255.0M
Q3 25
$176.0M
$170.3M
Q2 25
$199.0M
$-486.1M
Q1 25
$172.0M
Q4 24
$170.0M
$379.9M
Q3 24
$184.0M
$401.7M
Q2 24
$206.0M
$338.2M
Q1 24
$138.0M
$453.0M
Gross Margin
CMA
CMA
ON
ON
Q4 25
37.9%
Q3 25
37.6%
Q2 25
20.3%
Q1 25
Q4 24
45.2%
Q3 24
45.4%
Q2 24
45.2%
Q1 24
45.8%
Operating Margin
CMA
CMA
ON
ON
Q4 25
17.0%
Q3 25
13.2%
Q2 25
-39.7%
Q1 25
Q4 24
23.7%
Q3 24
25.3%
Q2 24
22.4%
Q1 24
28.2%
Net Margin
CMA
CMA
ON
ON
Q4 25
16.4%
Q3 25
21.0%
11.6%
Q2 25
23.4%
-33.6%
Q1 25
20.7%
Q4 24
20.6%
22.1%
Q3 24
22.7%
22.8%
Q2 24
25.0%
19.5%
Q1 24
17.6%
24.3%
EPS (diluted)
CMA
CMA
ON
ON
Q4 25
$0.63
Q3 25
$1.35
$0.41
Q2 25
$1.42
$-1.15
Q1 25
$1.25
Q4 24
$1.22
$0.88
Q3 24
$1.33
$0.93
Q2 24
$1.49
$0.78
Q1 24
$0.98
$1.04

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
ON
ON
Cash + ST InvestmentsLiquidity on hand
$2.9B
Total DebtLower is stronger
$5.4B
$3.4B
Stockholders' EquityBook value
$7.4B
$7.9B
Total Assets
$77.4B
$13.0B
Debt / EquityLower = less leverage
0.73×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
ON
ON
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$2.7B
Q1 24
$2.6B
Total Debt
CMA
CMA
ON
ON
Q4 25
$3.4B
Q3 25
$5.4B
$3.4B
Q2 25
$5.8B
$3.4B
Q1 25
$5.7B
Q4 24
$6.7B
$3.4B
Q3 24
$6.8B
$3.4B
Q2 24
$7.1B
$3.4B
Q1 24
$7.1B
$3.4B
Stockholders' Equity
CMA
CMA
ON
ON
Q4 25
$7.9B
Q3 25
$7.4B
$7.9B
Q2 25
$6.9B
$8.0B
Q1 25
$7.1B
Q4 24
$6.5B
$8.8B
Q3 24
$7.4B
$8.6B
Q2 24
$6.2B
$8.3B
Q1 24
$6.0B
$8.1B
Total Assets
CMA
CMA
ON
ON
Q4 25
$13.0B
Q3 25
$77.4B
$13.1B
Q2 25
$78.0B
$13.3B
Q1 25
$77.6B
Q4 24
$79.3B
$14.1B
Q3 24
$79.7B
$13.9B
Q2 24
$79.6B
$13.7B
Q1 24
$79.4B
$13.5B
Debt / Equity
CMA
CMA
ON
ON
Q4 25
0.43×
Q3 25
0.73×
0.43×
Q2 25
0.84×
0.42×
Q1 25
0.81×
Q4 24
1.02×
0.38×
Q3 24
0.92×
0.39×
Q2 24
1.15×
0.41×
Q1 24
1.18×
0.42×

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
ON
ON
Operating Cash FlowLast quarter
$-270.0M
$418.7M
Free Cash FlowOCF − Capex
$372.4M
FCF MarginFCF / Revenue
24.0%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
-1.53×
1.64×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
ON
ON
Q4 25
$418.7M
Q3 25
$-270.0M
$184.3M
Q2 25
$476.0M
$602.3M
Q1 25
$273.0M
Q4 24
$601.0M
$579.7M
Q3 24
$1.0B
$465.8M
Q2 24
$111.0M
$362.2M
Q1 24
$-205.0M
$498.7M
Free Cash Flow
CMA
CMA
ON
ON
Q4 25
$372.4M
Q3 25
$106.1M
Q2 25
$454.7M
Q1 25
Q4 24
$434.8M
Q3 24
$293.6M
Q2 24
$207.7M
Q1 24
$276.3M
FCF Margin
CMA
CMA
ON
ON
Q4 25
24.0%
Q3 25
7.2%
Q2 25
31.5%
Q1 25
Q4 24
25.2%
Q3 24
16.7%
Q2 24
12.0%
Q1 24
14.8%
Capex Intensity
CMA
CMA
ON
ON
Q4 25
3.0%
Q3 25
5.3%
Q2 25
10.2%
Q1 25
Q4 24
8.4%
Q3 24
9.8%
Q2 24
8.9%
Q1 24
11.9%
Cash Conversion
CMA
CMA
ON
ON
Q4 25
1.64×
Q3 25
-1.53×
1.08×
Q2 25
2.39×
Q1 25
1.59×
Q4 24
3.54×
1.53×
Q3 24
5.70×
1.16×
Q2 24
0.54×
1.07×
Q1 24
-1.49×
1.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

ON
ON

Industrial Segment$426.3M27%
Other End Markets Segment$337.3M22%
Intelligent Sensing Segments$284.0M18%
Direct Customers$282.4M18%
Intelligent Sensing Group$230.0M15%

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