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Side-by-side financial comparison of COMERICA INC (CMA) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $766.5M, roughly 1.1× SCANSOURCE, INC.). COMERICA INC runs the higher net margin — 21.0% vs 2.2%, a 18.9% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs 2.5%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 0.9%).
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.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
CMA vs SCSC — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $766.5M |
| Net Profit | $176.0M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | — | 2.3% |
| Net Margin | 21.0% | 2.2% |
| Revenue YoY | 3.3% | 2.5% |
| Net Profit YoY | -4.3% | -3.3% |
| EPS (diluted) | $1.35 | $0.75 |
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 | — | $766.5M | ||
| Q3 25 | $838.0M | $739.6M | ||
| Q2 25 | $849.0M | $812.9M | ||
| Q1 25 | $829.0M | $704.8M | ||
| Q4 24 | $825.0M | $747.5M | ||
| Q3 24 | $811.0M | $775.6M | ||
| Q2 24 | $824.0M | $746.1M | ||
| Q1 24 | $784.0M | $752.6M |
| Q4 25 | — | $16.5M | ||
| Q3 25 | $176.0M | $19.9M | ||
| Q2 25 | $199.0M | $20.1M | ||
| Q1 25 | $172.0M | $17.4M | ||
| Q4 24 | $170.0M | $17.1M | ||
| Q3 24 | $184.0M | $17.0M | ||
| Q2 24 | $206.0M | $16.1M | ||
| Q1 24 | $138.0M | $12.8M |
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | — | 2.2% | ||
| Q3 25 | 21.0% | 2.7% | ||
| Q2 25 | 23.4% | 2.5% | ||
| Q1 25 | 20.7% | 2.5% | ||
| Q4 24 | 20.6% | 2.3% | ||
| Q3 24 | 22.7% | 2.2% | ||
| Q2 24 | 25.0% | 2.2% | ||
| Q1 24 | 17.6% | 1.7% |
| Q4 25 | — | $0.75 | ||
| Q3 25 | $1.35 | $0.89 | ||
| Q2 25 | $1.42 | $0.87 | ||
| Q1 25 | $1.25 | $0.74 | ||
| Q4 24 | $1.22 | $0.70 | ||
| Q3 24 | $1.33 | $0.69 | ||
| Q2 24 | $1.49 | $0.66 | ||
| Q1 24 | $0.98 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $83.5M |
| Total DebtLower is stronger | $5.4B | — |
| Stockholders' EquityBook value | $7.4B | $910.9M |
| Total Assets | $77.4B | $1.7B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M | ||
| Q1 24 | — | $159.1M |
| 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 | — | $910.9M | ||
| Q3 25 | $7.4B | $914.0M | ||
| Q2 25 | $6.9B | $906.4M | ||
| Q1 25 | $7.1B | $901.7M | ||
| Q4 24 | $6.5B | $900.7M | ||
| Q3 24 | $7.4B | $920.9M | ||
| Q2 24 | $6.2B | $924.3M | ||
| Q1 24 | $6.0B | $944.1M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $77.4B | $1.7B | ||
| Q2 25 | $78.0B | $1.8B | ||
| Q1 25 | $77.6B | $1.7B | ||
| Q4 24 | $79.3B | $1.7B | ||
| Q3 24 | $79.7B | $1.8B | ||
| Q2 24 | $79.6B | $1.8B | ||
| Q1 24 | $79.4B | $1.8B |
| 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 | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | -1.53× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $30.8M | ||
| Q3 25 | $-270.0M | $23.2M | ||
| Q2 25 | $476.0M | — | ||
| Q1 25 | $273.0M | $66.1M | ||
| Q4 24 | $601.0M | $-6.2M | ||
| Q3 24 | $1.0B | $44.8M | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $-205.0M | $160.2M |
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $157.7M |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 21.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | 1.87× | ||
| Q3 25 | -1.53× | 1.17× | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | 3.79× | ||
| Q4 24 | 3.54× | -0.36× | ||
| Q3 24 | 5.70× | 2.64× | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
