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

Texas Roadhouse, Inc. is the larger business by last-quarter revenue ($1.5B vs $838.0M, roughly 1.8× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 5.8%, a 15.2% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs 3.1%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 12.8%).

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.

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

CMA vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
1.8× larger
TXRH
$1.5B
$838.0M
CMA
Growing faster (revenue YoY)
CMA
CMA
+0.3% gap
CMA
3.3%
3.1%
TXRH
Higher net margin
CMA
CMA
15.2% more per $
CMA
21.0%
5.8%
TXRH
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
12.8%
TXRH

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CMA
CMA
TXRH
TXRH
Revenue
$838.0M
$1.5B
Net Profit
$176.0M
$86.7M
Gross Margin
Operating Margin
6.5%
Net Margin
21.0%
5.8%
Revenue YoY
3.3%
3.1%
Net Profit YoY
-4.3%
-26.9%
EPS (diluted)
$1.35
$1.29

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
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$838.0M
$1.4B
Q2 25
$849.0M
$1.4B
Q1 25
$829.0M
Q4 24
$825.0M
$1.4B
Q3 24
$811.0M
$1.3B
Q2 24
$824.0M
$1.3B
Q1 24
$784.0M
$1.3B
Net Profit
CMA
CMA
TXRH
TXRH
Q4 25
$86.7M
Q3 25
$176.0M
$84.9M
Q2 25
$199.0M
$116.1M
Q1 25
$172.0M
Q4 24
$170.0M
$118.5M
Q3 24
$184.0M
$86.8M
Q2 24
$206.0M
$123.1M
Q1 24
$138.0M
$116.0M
Operating Margin
CMA
CMA
TXRH
TXRH
Q4 25
6.5%
Q3 25
6.7%
Q2 25
9.3%
Q1 25
Q4 24
9.6%
Q3 24
8.0%
Q2 24
10.6%
Q1 24
10.1%
Net Margin
CMA
CMA
TXRH
TXRH
Q4 25
5.8%
Q3 25
21.0%
5.9%
Q2 25
23.4%
8.0%
Q1 25
20.7%
Q4 24
20.6%
8.2%
Q3 24
22.7%
6.8%
Q2 24
25.0%
9.2%
Q1 24
17.6%
8.8%
EPS (diluted)
CMA
CMA
TXRH
TXRH
Q4 25
$1.29
Q3 25
$1.35
$1.25
Q2 25
$1.42
$1.70
Q1 25
$1.25
Q4 24
$1.22
$1.73
Q3 24
$1.33
$1.26
Q2 24
$1.49
$1.79
Q1 24
$0.98
$1.69

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$134.7M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$7.4B
$1.5B
Total Assets
$77.4B
$3.5B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
TXRH
TXRH
Q4 25
$134.7M
Q3 25
$108.2M
Q2 25
$221.1M
Q1 25
Q4 24
$245.2M
Q3 24
$189.2M
Q2 24
$197.5M
Q1 24
$213.4M
Total Debt
CMA
CMA
TXRH
TXRH
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
Stockholders' Equity
CMA
CMA
TXRH
TXRH
Q4 25
$1.5B
Q3 25
$7.4B
$1.5B
Q2 25
$6.9B
$1.4B
Q1 25
$7.1B
Q4 24
$6.5B
$1.4B
Q3 24
$7.4B
$1.3B
Q2 24
$6.2B
$1.3B
Q1 24
$6.0B
$1.2B
Total Assets
CMA
CMA
TXRH
TXRH
Q4 25
$3.5B
Q3 25
$77.4B
$3.3B
Q2 25
$78.0B
$3.2B
Q1 25
$77.6B
Q4 24
$79.3B
$3.2B
Q3 24
$79.7B
$2.9B
Q2 24
$79.6B
$2.9B
Q1 24
$79.4B
$2.8B
Debt / Equity
CMA
CMA
TXRH
TXRH
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
CMA
CMA
TXRH
TXRH
Operating Cash FlowLast quarter
$-270.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
TXRH
TXRH
Q4 25
Q3 25
$-270.0M
$143.6M
Q2 25
$476.0M
$237.7M
Q1 25
$273.0M
Q4 24
$601.0M
$237.5M
Q3 24
$1.0B
$138.7M
Q2 24
$111.0M
$133.9M
Q1 24
$-205.0M
$243.4M
Free Cash Flow
CMA
CMA
TXRH
TXRH
Q4 25
Q3 25
$14.7M
Q2 25
$160.4M
Q1 25
Q4 24
$129.7M
Q3 24
$47.7M
Q2 24
$56.1M
Q1 24
$165.8M
FCF Margin
CMA
CMA
TXRH
TXRH
Q4 25
Q3 25
1.0%
Q2 25
11.1%
Q1 25
Q4 24
9.0%
Q3 24
3.7%
Q2 24
4.2%
Q1 24
12.5%
Capex Intensity
CMA
CMA
TXRH
TXRH
Q4 25
Q3 25
9.0%
Q2 25
5.3%
Q1 25
Q4 24
7.5%
Q3 24
7.2%
Q2 24
5.8%
Q1 24
5.9%
Cash Conversion
CMA
CMA
TXRH
TXRH
Q4 25
Q3 25
-1.53×
1.69×
Q2 25
2.39×
2.05×
Q1 25
1.59×
Q4 24
3.54×
2.00×
Q3 24
5.70×
1.60×
Q2 24
0.54×
1.09×
Q1 24
-1.49×
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

TXRH
TXRH

Food And Beverage$1.5B99%
Texas Roadhouse Segment$21.2M1%
Franchise$8.2M1%
Franchise Royalty$7.4M0%
Bubba S33Segment$2.3M0%

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