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

COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $461.8M, roughly 1.8× VALVOLINE INC). COMERICA INC runs the higher net margin — 21.0% vs -7.1%, a 28.1% gap on every dollar of revenue. On growth, VALVOLINE INC posted the faster year-over-year revenue change (11.5% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 9.0%).

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.

Valvoline Inc. is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations.

CMA vs VVV — Head-to-Head

Bigger by revenue
CMA
CMA
1.8× larger
CMA
$838.0M
$461.8M
VVV
Growing faster (revenue YoY)
VVV
VVV
+8.1% gap
VVV
11.5%
3.3%
CMA
Higher net margin
CMA
CMA
28.1% more per $
CMA
21.0%
-7.1%
VVV
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
9.0%
VVV

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CMA
CMA
VVV
VVV
Revenue
$838.0M
$461.8M
Net Profit
$176.0M
$-32.8M
Gross Margin
37.4%
Operating Margin
4.0%
Net Margin
21.0%
-7.1%
Revenue YoY
3.3%
11.5%
Net Profit YoY
-4.3%
-135.8%
EPS (diluted)
$1.35
$-0.26

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
VVV
VVV
Q4 25
$461.8M
Q3 25
$838.0M
$453.8M
Q2 25
$849.0M
$439.0M
Q1 25
$829.0M
$403.2M
Q4 24
$825.0M
$414.3M
Q3 24
$811.0M
$435.5M
Q2 24
$824.0M
$421.4M
Q1 24
$784.0M
$388.7M
Net Profit
CMA
CMA
VVV
VVV
Q4 25
$-32.8M
Q3 25
$176.0M
$25.0M
Q2 25
$199.0M
$56.5M
Q1 25
$172.0M
$37.6M
Q4 24
$170.0M
$91.6M
Q3 24
$184.0M
$92.3M
Q2 24
$206.0M
$45.9M
Q1 24
$138.0M
$41.4M
Gross Margin
CMA
CMA
VVV
VVV
Q4 25
37.4%
Q3 25
39.1%
Q2 25
40.5%
Q1 25
37.3%
Q4 24
36.9%
Q3 24
39.1%
Q2 24
39.7%
Q1 24
37.6%
Operating Margin
CMA
CMA
VVV
VVV
Q4 25
4.0%
Q3 25
18.6%
Q2 25
21.6%
Q1 25
16.6%
Q4 24
34.7%
Q3 24
30.9%
Q2 24
22.2%
Q1 24
19.7%
Net Margin
CMA
CMA
VVV
VVV
Q4 25
-7.1%
Q3 25
21.0%
5.5%
Q2 25
23.4%
12.9%
Q1 25
20.7%
9.3%
Q4 24
20.6%
22.1%
Q3 24
22.7%
21.2%
Q2 24
25.0%
10.9%
Q1 24
17.6%
10.7%
EPS (diluted)
CMA
CMA
VVV
VVV
Q4 25
$-0.26
Q3 25
$1.35
$0.20
Q2 25
$1.42
$0.44
Q1 25
$1.25
$0.29
Q4 24
$1.22
$0.71
Q3 24
$1.33
$0.70
Q2 24
$1.49
$0.35
Q1 24
$0.98
$0.32

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
VVV
VVV
Cash + ST InvestmentsLiquidity on hand
$69.9M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$7.4B
$307.6M
Total Assets
$77.4B
$3.4B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
VVV
VVV
Q4 25
$69.9M
Q3 25
$51.6M
Q2 25
$68.3M
Q1 25
$61.9M
Q4 24
$60.0M
Q3 24
$68.3M
Q2 24
$65.7M
Q1 24
$494.5M
Total Debt
CMA
CMA
VVV
VVV
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
VVV
VVV
Q4 25
$307.6M
Q3 25
$7.4B
$338.5M
Q2 25
$6.9B
$313.6M
Q1 25
$7.1B
$248.7M
Q4 24
$6.5B
$229.8M
Q3 24
$7.4B
$185.6M
Q2 24
$6.2B
$106.5M
Q1 24
$6.0B
$60.1M
Total Assets
CMA
CMA
VVV
VVV
Q4 25
$3.4B
Q3 25
$77.4B
$2.7B
Q2 25
$78.0B
$2.6B
Q1 25
$77.6B
$2.5B
Q4 24
$79.3B
$2.3B
Q3 24
$79.7B
$2.4B
Q2 24
$79.6B
$2.4B
Q1 24
$79.4B
$2.8B
Debt / Equity
CMA
CMA
VVV
VVV
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
VVV
VVV
Operating Cash FlowLast quarter
$-270.0M
$64.8M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
12.4%
Cash ConversionOCF / Net Profit
-1.53×
TTM Free Cash FlowTrailing 4 quarters
$57.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMA
CMA
VVV
VVV
Q4 25
$64.8M
Q3 25
$-270.0M
$121.9M
Q2 25
$476.0M
$86.9M
Q1 25
$273.0M
$47.2M
Q4 24
$601.0M
$41.2M
Q3 24
$1.0B
$101.3M
Q2 24
$111.0M
$75.6M
Q1 24
$-205.0M
$68.3M
Free Cash Flow
CMA
CMA
VVV
VVV
Q4 25
$7.4M
Q3 25
$23.0M
Q2 25
$32.0M
Q1 25
$-4.6M
Q4 24
$-12.4M
Q3 24
$29.9M
Q2 24
$9.8M
Q1 24
$23.4M
FCF Margin
CMA
CMA
VVV
VVV
Q4 25
1.6%
Q3 25
5.1%
Q2 25
7.3%
Q1 25
-1.1%
Q4 24
-3.0%
Q3 24
6.9%
Q2 24
2.3%
Q1 24
6.0%
Capex Intensity
CMA
CMA
VVV
VVV
Q4 25
12.4%
Q3 25
21.8%
Q2 25
12.5%
Q1 25
12.8%
Q4 24
12.9%
Q3 24
16.4%
Q2 24
15.6%
Q1 24
11.6%
Cash Conversion
CMA
CMA
VVV
VVV
Q4 25
Q3 25
-1.53×
4.88×
Q2 25
2.39×
1.54×
Q1 25
1.59×
1.26×
Q4 24
3.54×
0.45×
Q3 24
5.70×
1.10×
Q2 24
0.54×
1.65×
Q1 24
-1.49×
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMA
CMA

Segment breakdown not available.

VVV
VVV

Oil Change And Related Fees$337.7M73%
Non Oil Change And Related Fees$100.5M22%
Franchise Fees And Other$23.6M5%

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