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

Teradyne is the larger business by last-quarter revenue ($1.3B vs $838.0M, roughly 1.5× COMERICA INC). Teradyne runs the higher net margin — 31.1% vs 21.0%, a 10.1% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 32.6%).

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.

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

CMA vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.5× larger
TER
$1.3B
$838.0M
CMA
Growing faster (revenue YoY)
TER
TER
+83.7% gap
TER
87.0%
3.3%
CMA
Higher net margin
TER
TER
10.1% more per $
TER
31.1%
21.0%
CMA
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
32.6%
TER

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CMA
CMA
TER
TER
Revenue
$838.0M
$1.3B
Net Profit
$176.0M
$398.9M
Gross Margin
60.9%
Operating Margin
36.9%
Net Margin
21.0%
31.1%
Revenue YoY
3.3%
87.0%
Net Profit YoY
-4.3%
EPS (diluted)
$1.35
$2.53

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
TER
TER
Q1 26
$1.3B
Q4 25
$1.1B
Q3 25
$838.0M
$769.2M
Q2 25
$849.0M
$651.8M
Q1 25
$829.0M
$685.7M
Q4 24
$825.0M
$752.9M
Q3 24
$811.0M
$737.3M
Q2 24
$824.0M
$729.9M
Net Profit
CMA
CMA
TER
TER
Q1 26
$398.9M
Q4 25
$257.2M
Q3 25
$176.0M
$119.6M
Q2 25
$199.0M
$78.4M
Q1 25
$172.0M
$98.9M
Q4 24
$170.0M
$146.3M
Q3 24
$184.0M
$145.6M
Q2 24
$206.0M
$186.3M
Gross Margin
CMA
CMA
TER
TER
Q1 26
60.9%
Q4 25
57.2%
Q3 25
58.4%
Q2 25
57.2%
Q1 25
60.6%
Q4 24
59.4%
Q3 24
59.2%
Q2 24
58.3%
Operating Margin
CMA
CMA
TER
TER
Q1 26
36.9%
Q4 25
27.1%
Q3 25
18.9%
Q2 25
13.9%
Q1 25
17.6%
Q4 24
20.4%
Q3 24
20.6%
Q2 24
28.8%
Net Margin
CMA
CMA
TER
TER
Q1 26
31.1%
Q4 25
23.7%
Q3 25
21.0%
15.5%
Q2 25
23.4%
12.0%
Q1 25
20.7%
14.4%
Q4 24
20.6%
19.4%
Q3 24
22.7%
19.8%
Q2 24
25.0%
25.5%
EPS (diluted)
CMA
CMA
TER
TER
Q1 26
$2.53
Q4 25
$1.62
Q3 25
$1.35
$0.75
Q2 25
$1.42
$0.49
Q1 25
$1.25
$0.61
Q4 24
$1.22
$0.89
Q3 24
$1.33
$0.89
Q2 24
$1.49
$1.14

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
TER
TER
Cash + ST InvestmentsLiquidity on hand
$241.9M
Total DebtLower is stronger
$5.4B
$0
Stockholders' EquityBook value
$7.4B
Total Assets
$77.4B
$4.4B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
TER
TER
Q1 26
$241.9M
Q4 25
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$553.4M
Q3 24
$510.0M
Q2 24
$421.9M
Total Debt
CMA
CMA
TER
TER
Q1 26
$0
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
Stockholders' Equity
CMA
CMA
TER
TER
Q1 26
Q4 25
$2.8B
Q3 25
$7.4B
$2.7B
Q2 25
$6.9B
$2.8B
Q1 25
$7.1B
$2.8B
Q4 24
$6.5B
$2.8B
Q3 24
$7.4B
$2.9B
Q2 24
$6.2B
$2.7B
Total Assets
CMA
CMA
TER
TER
Q1 26
$4.4B
Q4 25
$4.2B
Q3 25
$77.4B
$4.0B
Q2 25
$78.0B
$3.8B
Q1 25
$77.6B
$3.7B
Q4 24
$79.3B
$3.7B
Q3 24
$79.7B
$3.8B
Q2 24
$79.6B
$3.6B
Debt / Equity
CMA
CMA
TER
TER
Q1 26
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×

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
TER
TER
Operating Cash FlowLast quarter
$-270.0M
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.53×
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
TER
TER
Q1 26
$265.1M
Q4 25
$281.6M
Q3 25
$-270.0M
$49.0M
Q2 25
$476.0M
$182.1M
Q1 25
$273.0M
$161.6M
Q4 24
$601.0M
$282.6M
Q3 24
$1.0B
$166.3M
Q2 24
$111.0M
$216.1M
Free Cash Flow
CMA
CMA
TER
TER
Q1 26
Q4 25
$218.8M
Q3 25
$2.4M
Q2 25
$131.7M
Q1 25
$97.6M
Q4 24
$225.2M
Q3 24
$114.4M
Q2 24
$171.2M
FCF Margin
CMA
CMA
TER
TER
Q1 26
Q4 25
20.2%
Q3 25
0.3%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
29.9%
Q3 24
15.5%
Q2 24
23.5%
Capex Intensity
CMA
CMA
TER
TER
Q1 26
Q4 25
5.8%
Q3 25
6.1%
Q2 25
7.7%
Q1 25
9.3%
Q4 24
7.6%
Q3 24
7.0%
Q2 24
6.1%
Cash Conversion
CMA
CMA
TER
TER
Q1 26
0.66×
Q4 25
1.09×
Q3 25
-1.53×
0.41×
Q2 25
2.39×
2.32×
Q1 25
1.59×
1.63×
Q4 24
3.54×
1.93×
Q3 24
5.70×
1.14×
Q2 24
0.54×
1.16×

Financial Flow Comparison

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

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