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

Primo Brands Corp 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 -0.8%, a 21.8% gap on every dollar of revenue.

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.

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

CMA vs PRMB — Head-to-Head

Bigger by revenue
PRMB
PRMB
1.9× larger
PRMB
$1.6B
$838.0M
CMA
Higher net margin
CMA
CMA
21.8% more per $
CMA
21.0%
-0.8%
PRMB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CMA
CMA
PRMB
PRMB
Revenue
$838.0M
$1.6B
Net Profit
$176.0M
$-13.0M
Gross Margin
27.7%
Operating Margin
1.2%
Net Margin
21.0%
-0.8%
Revenue YoY
3.3%
Net Profit YoY
-4.3%
EPS (diluted)
$1.35
$-0.03

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
PRMB
PRMB
Q4 25
$1.6B
Q3 25
$838.0M
$1.8B
Q2 25
$849.0M
$1.7B
Q1 25
$829.0M
$1.6B
Q4 24
$825.0M
Q3 24
$811.0M
$0
Q2 24
$824.0M
$1.3B
Q1 24
$784.0M
$1.1B
Net Profit
CMA
CMA
PRMB
PRMB
Q4 25
$-13.0M
Q3 25
$176.0M
$16.8M
Q2 25
$199.0M
$27.6M
Q1 25
$172.0M
$28.7M
Q4 24
$170.0M
Q3 24
$184.0M
$-2.0K
Q2 24
$206.0M
$54.5M
Q1 24
$138.0M
$33.5M
Gross Margin
CMA
CMA
PRMB
PRMB
Q4 25
27.7%
Q3 25
29.9%
Q2 25
31.3%
Q1 25
32.3%
Q4 24
Q3 24
Q2 24
32.7%
Q1 24
30.4%
Operating Margin
CMA
CMA
PRMB
PRMB
Q4 25
1.2%
Q3 25
8.3%
Q2 25
6.5%
Q1 25
9.5%
Q4 24
Q3 24
Q2 24
12.1%
Q1 24
11.0%
Net Margin
CMA
CMA
PRMB
PRMB
Q4 25
-0.8%
Q3 25
21.0%
1.0%
Q2 25
23.4%
1.6%
Q1 25
20.7%
1.8%
Q4 24
20.6%
Q3 24
22.7%
Q2 24
25.0%
4.1%
Q1 24
17.6%
2.9%
EPS (diluted)
CMA
CMA
PRMB
PRMB
Q4 25
$-0.03
Q3 25
$1.35
$0.04
Q2 25
$1.42
$0.07
Q1 25
$1.25
$0.08
Q4 24
$1.22
Q3 24
$1.33
$-20.00
Q2 24
$1.49
$0.25
Q1 24
$0.98
$0.15

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$376.7M
Total DebtLower is stronger
$5.4B
$5.2B
Stockholders' EquityBook value
$7.4B
$3.0B
Total Assets
$77.4B
$10.6B
Debt / EquityLower = less leverage
0.73×
1.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
PRMB
PRMB
Q4 25
$376.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
CMA
CMA
PRMB
PRMB
Q4 25
$5.2B
Q3 25
$5.4B
$5.1B
Q2 25
$5.8B
$5.1B
Q1 25
$5.7B
$5.0B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$7.1B
Q1 24
$7.1B
Stockholders' Equity
CMA
CMA
PRMB
PRMB
Q4 25
$3.0B
Q3 25
$7.4B
$3.2B
Q2 25
$6.9B
$3.2B
Q1 25
$7.1B
$3.3B
Q4 24
$6.5B
Q3 24
$7.4B
$-2.0K
Q2 24
$6.2B
$-296.8M
Q1 24
$6.0B
$-349.8M
Total Assets
CMA
CMA
PRMB
PRMB
Q4 25
$10.6B
Q3 25
$77.4B
$11.0B
Q2 25
$78.0B
$11.0B
Q1 25
$77.6B
$11.0B
Q4 24
$79.3B
Q3 24
$79.7B
$0
Q2 24
$79.6B
Q1 24
$79.4B
Debt / Equity
CMA
CMA
PRMB
PRMB
Q4 25
1.72×
Q3 25
0.73×
1.61×
Q2 25
0.84×
1.57×
Q1 25
0.81×
1.51×
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
CMA
CMA
PRMB
PRMB
Operating Cash FlowLast quarter
$-270.0M
$203.1M
Free Cash FlowOCF − Capex
$57.3M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
-1.53×
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
PRMB
PRMB
Q4 25
$203.1M
Q3 25
$-270.0M
$283.4M
Q2 25
$476.0M
$155.0M
Q1 25
$273.0M
$38.8M
Q4 24
$601.0M
Q3 24
$1.0B
$0
Q2 24
$111.0M
$102.5M
Q1 24
$-205.0M
$6.0M
Free Cash Flow
CMA
CMA
PRMB
PRMB
Q4 25
$57.3M
Q3 25
$167.7M
Q2 25
$101.1M
Q1 25
$-23.2M
Q4 24
Q3 24
Q2 24
$61.4M
Q1 24
$-17.5M
FCF Margin
CMA
CMA
PRMB
PRMB
Q4 25
3.7%
Q3 25
9.5%
Q2 25
5.8%
Q1 25
-1.4%
Q4 24
Q3 24
Q2 24
4.7%
Q1 24
-1.5%
Capex Intensity
CMA
CMA
PRMB
PRMB
Q4 25
9.4%
Q3 25
6.6%
Q2 25
3.1%
Q1 25
3.8%
Q4 24
Q3 24
Q2 24
3.1%
Q1 24
2.1%
Cash Conversion
CMA
CMA
PRMB
PRMB
Q4 25
Q3 25
-1.53×
16.87×
Q2 25
2.39×
5.62×
Q1 25
1.59×
1.35×
Q4 24
3.54×
Q3 24
5.70×
Q2 24
0.54×
1.88×
Q1 24
-1.49×
0.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

PRMB
PRMB

Regional Spring Water$765.1M49%
Purified Water$484.5M31%
Other$188.4M12%
Premium Water$90.3M6%
Other Water$25.8M2%

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