vs
Side-by-side financial comparison of COMERICA INC (CMA) and Toast, Inc. (TOST). Click either name above to swap in a different company.
Toast, Inc. 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 6.2%, a 14.8% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 23.3%).
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.
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
CMA vs TOST — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $1.6B |
| Net Profit | $176.0M | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | — | 5.2% |
| Net Margin | 21.0% | 6.2% |
| Revenue YoY | 3.3% | 22.0% |
| Net Profit YoY | -4.3% | 215.6% |
| EPS (diluted) | $1.35 | $0.18 |
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 | — | $1.6B | ||
| Q3 25 | $838.0M | $1.6B | ||
| Q2 25 | $849.0M | $1.6B | ||
| Q1 25 | $829.0M | $1.3B | ||
| Q4 24 | $825.0M | $1.3B | ||
| Q3 24 | $811.0M | $1.3B | ||
| Q2 24 | $824.0M | $1.2B | ||
| Q1 24 | $784.0M | $1.1B |
| Q4 25 | — | $101.0M | ||
| Q3 25 | $176.0M | $105.0M | ||
| Q2 25 | $199.0M | $80.0M | ||
| Q1 25 | $172.0M | $56.0M | ||
| Q4 24 | $170.0M | $32.0M | ||
| Q3 24 | $184.0M | $56.0M | ||
| Q2 24 | $206.0M | $14.0M | ||
| Q1 24 | $138.0M | $-83.0M |
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% | ||
| Q1 24 | — | 23.2% |
| Q4 25 | — | 5.2% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -5.2% |
| Q4 25 | — | 6.2% | ||
| Q3 25 | 21.0% | 6.4% | ||
| Q2 25 | 23.4% | 5.2% | ||
| Q1 25 | 20.7% | 4.2% | ||
| Q4 24 | 20.6% | 2.4% | ||
| Q3 24 | 22.7% | 4.3% | ||
| Q2 24 | 25.0% | 1.1% | ||
| Q1 24 | 17.6% | -7.7% |
| Q4 25 | — | $0.18 | ||
| Q3 25 | $1.35 | $0.16 | ||
| Q2 25 | $1.42 | $0.13 | ||
| Q1 25 | $1.25 | $0.09 | ||
| Q4 24 | $1.22 | $0.09 | ||
| Q3 24 | $1.33 | $0.07 | ||
| Q2 24 | $1.49 | $0.02 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.4B |
| Total DebtLower is stronger | $5.4B | — |
| Stockholders' EquityBook value | $7.4B | $2.1B |
| Total Assets | $77.4B | $3.1B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $903.0M | ||
| Q3 24 | — | $761.0M | ||
| Q2 24 | — | $691.0M | ||
| Q1 24 | — | $578.0M |
| 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 | — | $2.1B | ||
| Q3 25 | $7.4B | $2.0B | ||
| Q2 25 | $6.9B | $1.8B | ||
| Q1 25 | $7.1B | $1.7B | ||
| Q4 24 | $6.5B | $1.5B | ||
| Q3 24 | $7.4B | $1.4B | ||
| Q2 24 | $6.2B | $1.3B | ||
| Q1 24 | $6.0B | $1.2B |
| Q4 25 | — | $3.1B | ||
| Q3 25 | $77.4B | $3.0B | ||
| Q2 25 | $78.0B | $2.8B | ||
| Q1 25 | $77.6B | $2.6B | ||
| Q4 24 | $79.3B | $2.4B | ||
| Q3 24 | $79.7B | $2.2B | ||
| Q2 24 | $79.6B | $2.2B | ||
| Q1 24 | $79.4B | $2.1B |
| 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 | $194.0M |
| Free Cash FlowOCF − Capex | — | $178.0M |
| FCF MarginFCF / Revenue | — | 10.9% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | -1.53× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $194.0M | ||
| Q3 25 | $-270.0M | $165.0M | ||
| Q2 25 | $476.0M | $223.0M | ||
| Q1 25 | $273.0M | $79.0M | ||
| Q4 24 | $601.0M | $147.0M | ||
| Q3 24 | $1.0B | $109.0M | ||
| Q2 24 | $111.0M | $124.0M | ||
| Q1 24 | $-205.0M | $-20.0M |
| Q4 25 | — | $178.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | — | $208.0M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $108.0M | ||
| Q1 24 | — | $-33.0M |
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 8.7% | ||
| Q1 24 | — | -3.1% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.2% |
| Q4 25 | — | 1.92× | ||
| Q3 25 | -1.53× | 1.57× | ||
| Q2 25 | 2.39× | 2.79× | ||
| Q1 25 | 1.59× | 1.41× | ||
| Q4 24 | 3.54× | 4.59× | ||
| Q3 24 | 5.70× | 1.95× | ||
| Q2 24 | 0.54× | 8.86× | ||
| Q1 24 | -1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
