vs

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

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $838.0M, roughly 1.5× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 16.5%, a 4.5% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs 3.3%).

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.

CMA vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.5× larger
Q
$1.3B
$838.0M
CMA
Growing faster (revenue YoY)
Q
Q
+7.8% gap
Q
11.1%
3.3%
CMA
Higher net margin
CMA
CMA
4.5% more per $
CMA
21.0%
16.5%
Q

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CMA
CMA
Q
Q
Revenue
$838.0M
$1.3B
Net Profit
$176.0M
$211.0M
Gross Margin
45.1%
Operating Margin
21.3%
Net Margin
21.0%
16.5%
Revenue YoY
3.3%
11.1%
Net Profit YoY
-4.3%
6.0%
EPS (diluted)
$1.35
$1.01

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
Q
Q
Q3 25
$838.0M
$1.3B
Q2 25
$849.0M
Q1 25
$829.0M
Q4 24
$825.0M
Q3 24
$811.0M
$1.1B
Q2 24
$824.0M
Q1 24
$784.0M
Q4 23
$192.0M
Net Profit
CMA
CMA
Q
Q
Q3 25
$176.0M
$211.0M
Q2 25
$199.0M
Q1 25
$172.0M
Q4 24
$170.0M
Q3 24
$184.0M
$199.0M
Q2 24
$206.0M
Q1 24
$138.0M
Q4 23
$33.0M
Gross Margin
CMA
CMA
Q
Q
Q3 25
45.1%
Q2 25
Q1 25
Q4 24
Q3 24
47.0%
Q2 24
Q1 24
Q4 23
Operating Margin
CMA
CMA
Q
Q
Q3 25
21.3%
Q2 25
Q1 25
Q4 24
Q3 24
21.8%
Q2 24
Q1 24
Q4 23
Net Margin
CMA
CMA
Q
Q
Q3 25
21.0%
16.5%
Q2 25
23.4%
Q1 25
20.7%
Q4 24
20.6%
Q3 24
22.7%
17.3%
Q2 24
25.0%
Q1 24
17.6%
Q4 23
17.2%
EPS (diluted)
CMA
CMA
Q
Q
Q3 25
$1.35
$1.01
Q2 25
$1.42
Q1 25
$1.25
Q4 24
$1.22
Q3 24
$1.33
$0.95
Q2 24
$1.49
Q1 24
$0.98
Q4 23
$0.20

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
Q
Q
Cash + ST InvestmentsLiquidity on hand
$128.0M
Total DebtLower is stronger
$5.4B
$1.7B
Stockholders' EquityBook value
$7.4B
$9.1B
Total Assets
$77.4B
$12.5B
Debt / EquityLower = less leverage
0.73×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
Q
Q
Q3 25
$128.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Total Debt
CMA
CMA
Q
Q
Q3 25
$5.4B
$1.7B
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 23
$6.2B
Stockholders' Equity
CMA
CMA
Q
Q
Q3 25
$7.4B
$9.1B
Q2 25
$6.9B
Q1 25
$7.1B
Q4 24
$6.5B
Q3 24
$7.4B
$11.1B
Q2 24
$6.2B
Q1 24
$6.0B
Q4 23
$6.4B
Total Assets
CMA
CMA
Q
Q
Q3 25
$77.4B
$12.5B
Q2 25
$78.0B
Q1 25
$77.6B
Q4 24
$79.3B
Q3 24
$79.7B
Q2 24
$79.6B
Q1 24
$79.4B
Q4 23
$85.8B
Debt / Equity
CMA
CMA
Q
Q
Q3 25
0.73×
0.19×
Q2 25
0.84×
Q1 25
0.81×
Q4 24
1.02×
Q3 24
0.92×
Q2 24
1.15×
Q1 24
1.18×
Q4 23
0.97×

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
Q
Q
Operating Cash FlowLast quarter
$-270.0M
$782.0M
Free Cash FlowOCF − Capex
$568.0M
FCF MarginFCF / Revenue
44.5%
Capex IntensityCapex / Revenue
16.8%
Cash ConversionOCF / Net Profit
-1.53×
3.71×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
Q
Q
Q3 25
$-270.0M
$782.0M
Q2 25
$476.0M
Q1 25
$273.0M
Q4 24
$601.0M
Q3 24
$1.0B
Q2 24
$111.0M
Q1 24
$-205.0M
Q4 23
$1.1B
Free Cash Flow
CMA
CMA
Q
Q
Q3 25
$568.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
FCF Margin
CMA
CMA
Q
Q
Q3 25
44.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Capex Intensity
CMA
CMA
Q
Q
Q3 25
16.8%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Cash Conversion
CMA
CMA
Q
Q
Q3 25
-1.53×
3.71×
Q2 25
2.39×
Q1 25
1.59×
Q4 24
3.54×
Q3 24
5.70×
Q2 24
0.54×
Q1 24
-1.49×
Q4 23
34.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

Related Comparisons