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

PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $838.0M, roughly 1.6× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 4.4%, a 16.6% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 20.5%).

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.

CMA vs PACS — Head-to-Head

Bigger by revenue
PACS
PACS
1.6× larger
PACS
$1.4B
$838.0M
CMA
Growing faster (revenue YoY)
PACS
PACS
+15.1% gap
PACS
18.4%
3.3%
CMA
Higher net margin
CMA
CMA
16.6% more per $
CMA
21.0%
4.4%
PACS
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
20.5%
PACS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CMA
CMA
PACS
PACS
Revenue
$838.0M
$1.4B
Net Profit
$176.0M
$59.7M
Gross Margin
Operating Margin
7.0%
Net Margin
21.0%
4.4%
Revenue YoY
3.3%
18.4%
Net Profit YoY
-4.3%
3022.5%
EPS (diluted)
$1.35
$0.42

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
PACS
PACS
Q4 25
$1.4B
Q3 25
$838.0M
$1.3B
Q2 25
$849.0M
$1.3B
Q1 25
$829.0M
$1.3B
Q4 24
$825.0M
$1.1B
Q3 24
$811.0M
$1.0B
Q2 24
$824.0M
$981.4M
Q1 24
$784.0M
$934.3M
Net Profit
CMA
CMA
PACS
PACS
Q4 25
$59.7M
Q3 25
$176.0M
$52.4M
Q2 25
$199.0M
$51.0M
Q1 25
$172.0M
$28.5M
Q4 24
$170.0M
$1.9M
Q3 24
$184.0M
$15.6M
Q2 24
$206.0M
$-10.9M
Q1 24
$138.0M
$49.1M
Gross Margin
CMA
CMA
PACS
PACS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
17.1%
Q2 24
22.3%
Q1 24
21.2%
Operating Margin
CMA
CMA
PACS
PACS
Q4 25
7.0%
Q3 25
6.4%
Q2 25
6.2%
Q1 25
3.8%
Q4 24
1.7%
Q3 24
2.2%
Q2 24
0.1%
Q1 24
8.6%
Net Margin
CMA
CMA
PACS
PACS
Q4 25
4.4%
Q3 25
21.0%
3.9%
Q2 25
23.4%
3.9%
Q1 25
20.7%
2.2%
Q4 24
20.6%
0.2%
Q3 24
22.7%
1.5%
Q2 24
25.0%
-1.1%
Q1 24
17.6%
5.3%
EPS (diluted)
CMA
CMA
PACS
PACS
Q4 25
$0.42
Q3 25
$1.35
$0.32
Q2 25
$1.42
$0.31
Q1 25
$1.25
$0.17
Q4 24
$1.22
$-0.03
Q3 24
$1.33
$0.10
Q2 24
$1.49
$-0.07
Q1 24
$0.98
$0.38

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
PACS
PACS
Cash + ST InvestmentsLiquidity on hand
$197.0M
Total DebtLower is stronger
$5.4B
$353.2M
Stockholders' EquityBook value
$7.4B
$946.8M
Total Assets
$77.4B
$5.6B
Debt / EquityLower = less leverage
0.73×
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
PACS
PACS
Q4 25
$197.0M
Q3 25
$355.7M
Q2 25
$294.2M
Q1 25
$287.5M
Q4 24
$157.7M
Q3 24
$49.5M
Q2 24
$73.4M
Q1 24
$81.2M
Total Debt
CMA
CMA
PACS
PACS
Q4 25
$353.2M
Q3 25
$5.4B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$6.7B
$411.9M
Q3 24
$6.8B
Q2 24
$7.1B
Q1 24
$7.1B
Stockholders' Equity
CMA
CMA
PACS
PACS
Q4 25
$946.8M
Q3 25
$7.4B
$871.3M
Q2 25
$6.9B
$806.8M
Q1 25
$7.1B
$750.2M
Q4 24
$6.5B
$709.6M
Q3 24
$7.4B
$660.0M
Q2 24
$6.2B
$572.1M
Q1 24
$6.0B
$128.0M
Total Assets
CMA
CMA
PACS
PACS
Q4 25
$5.6B
Q3 25
$77.4B
$5.6B
Q2 25
$78.0B
$5.5B
Q1 25
$77.6B
$5.5B
Q4 24
$79.3B
$5.2B
Q3 24
$79.7B
$4.5B
Q2 24
$79.6B
$3.9B
Q1 24
$79.4B
$3.9B
Debt / Equity
CMA
CMA
PACS
PACS
Q4 25
0.37×
Q3 25
0.73×
Q2 25
0.84×
Q1 25
0.81×
Q4 24
1.02×
0.58×
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
CMA
CMA
PACS
PACS
Operating Cash FlowLast quarter
$-270.0M
$-3.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.53×
-0.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
PACS
PACS
Q4 25
$-3.4M
Q3 25
$-270.0M
$204.8M
Q2 25
$476.0M
$52.6M
Q1 25
$273.0M
$150.2M
Q4 24
$601.0M
$64.6M
Q3 24
$1.0B
$209.2M
Q2 24
$111.0M
$34.8M
Q1 24
$-205.0M
$58.8M
Cash Conversion
CMA
CMA
PACS
PACS
Q4 25
-0.06×
Q3 25
-1.53×
3.91×
Q2 25
2.39×
1.03×
Q1 25
1.59×
5.28×
Q4 24
3.54×
33.78×
Q3 24
5.70×
13.39×
Q2 24
0.54×
Q1 24
-1.49×
1.20×

Financial Flow Comparison

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

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