vs

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

COMERICA INC is the larger business by last-quarter revenue ($838.0M vs $808.6M, roughly 1.0× WERNER ENTERPRISES INC). COMERICA INC runs the higher net margin — 21.0% vs -0.5%, a 21.5% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs 3.3%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 4.3%).

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.

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

CMA vs WERN — Head-to-Head

Bigger by revenue
CMA
CMA
1.0× larger
CMA
$838.0M
$808.6M
WERN
Growing faster (revenue YoY)
WERN
WERN
+10.2% gap
WERN
13.6%
3.3%
CMA
Higher net margin
CMA
CMA
21.5% more per $
CMA
21.0%
-0.5%
WERN
Faster 2-yr revenue CAGR
CMA
CMA
Annualised
CMA
108.9%
4.3%
WERN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CMA
CMA
WERN
WERN
Revenue
$838.0M
$808.6M
Net Profit
$176.0M
$-4.3M
Gross Margin
Operating Margin
75.5%
Net Margin
21.0%
-0.5%
Revenue YoY
3.3%
13.6%
Net Profit YoY
-4.3%
57.8%
EPS (diluted)
$1.35
$-0.07

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
WERN
WERN
Q1 26
$808.6M
Q4 25
$719.9M
Q3 25
$838.0M
$752.2M
Q2 25
$849.0M
$734.1M
Q1 25
$829.0M
$693.4M
Q4 24
$825.0M
$736.6M
Q3 24
$811.0M
$726.3M
Q2 24
$824.0M
$742.7M
Net Profit
CMA
CMA
WERN
WERN
Q1 26
$-4.3M
Q4 25
$-27.8M
Q3 25
$176.0M
$-20.6M
Q2 25
$199.0M
$44.1M
Q1 25
$172.0M
$-10.1M
Q4 24
$170.0M
$11.9M
Q3 24
$184.0M
$6.6M
Q2 24
$206.0M
$9.5M
Operating Margin
CMA
CMA
WERN
WERN
Q1 26
75.5%
Q4 25
-5.0%
Q3 25
-1.7%
Q2 25
9.0%
Q1 25
-0.8%
Q4 24
1.8%
Q3 24
2.4%
Q2 24
2.6%
Net Margin
CMA
CMA
WERN
WERN
Q1 26
-0.5%
Q4 25
-3.9%
Q3 25
21.0%
-2.7%
Q2 25
23.4%
6.0%
Q1 25
20.7%
-1.5%
Q4 24
20.6%
1.6%
Q3 24
22.7%
0.9%
Q2 24
25.0%
1.3%
EPS (diluted)
CMA
CMA
WERN
WERN
Q1 26
$-0.07
Q4 25
$-0.46
Q3 25
$1.35
$-0.34
Q2 25
$1.42
$0.72
Q1 25
$1.25
$-0.16
Q4 24
$1.22
$0.19
Q3 24
$1.33
$0.11
Q2 24
$1.49
$0.15

Balance Sheet & Financial Strength

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

Metric
CMA
CMA
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$61.5M
Total DebtLower is stronger
$5.4B
$878.2M
Stockholders' EquityBook value
$7.4B
$1.4B
Total Assets
$77.4B
$3.3B
Debt / EquityLower = less leverage
0.73×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMA
CMA
WERN
WERN
Q1 26
$61.5M
Q4 25
$59.9M
Q3 25
$51.0M
Q2 25
$51.4M
Q1 25
$52.0M
Q4 24
$40.8M
Q3 24
$54.7M
Q2 24
$70.4M
Total Debt
CMA
CMA
WERN
WERN
Q1 26
$878.2M
Q4 25
$752.0M
Q3 25
$5.4B
$725.0M
Q2 25
$5.8B
$725.0M
Q1 25
$5.7B
$640.0M
Q4 24
$6.7B
$650.0M
Q3 24
$6.8B
$690.0M
Q2 24
$7.1B
$670.0M
Stockholders' Equity
CMA
CMA
WERN
WERN
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$7.4B
$1.4B
Q2 25
$6.9B
$1.4B
Q1 25
$7.1B
$1.4B
Q4 24
$6.5B
$1.5B
Q3 24
$7.4B
$1.4B
Q2 24
$6.2B
$1.5B
Total Assets
CMA
CMA
WERN
WERN
Q1 26
$3.3B
Q4 25
$2.9B
Q3 25
$77.4B
$3.0B
Q2 25
$78.0B
$2.9B
Q1 25
$77.6B
$3.0B
Q4 24
$79.3B
$3.1B
Q3 24
$79.7B
$3.1B
Q2 24
$79.6B
$3.1B
Debt / Equity
CMA
CMA
WERN
WERN
Q1 26
0.65×
Q4 25
0.55×
Q3 25
0.73×
0.52×
Q2 25
0.84×
0.51×
Q1 25
0.81×
0.45×
Q4 24
1.02×
0.45×
Q3 24
0.92×
0.48×
Q2 24
1.15×
0.46×

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
WERN
WERN
Operating Cash FlowLast quarter
$-270.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.2%
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
WERN
WERN
Q1 26
Q4 25
$62.3M
Q3 25
$-270.0M
$44.1M
Q2 25
$476.0M
$46.0M
Q1 25
$273.0M
$29.4M
Q4 24
$601.0M
$71.0M
Q3 24
$1.0B
$61.0M
Q2 24
$111.0M
$109.1M
Free Cash Flow
CMA
CMA
WERN
WERN
Q1 26
Q4 25
$-23.5M
Q3 25
$-8.6M
Q2 25
$-42.3M
Q1 25
$5.9M
Q4 24
$-9.8M
Q3 24
$-73.4M
Q2 24
$-31.2M
FCF Margin
CMA
CMA
WERN
WERN
Q1 26
Q4 25
-3.3%
Q3 25
-1.1%
Q2 25
-5.8%
Q1 25
0.8%
Q4 24
-1.3%
Q3 24
-10.1%
Q2 24
-4.2%
Capex Intensity
CMA
CMA
WERN
WERN
Q1 26
0.2%
Q4 25
11.9%
Q3 25
7.0%
Q2 25
12.0%
Q1 25
3.4%
Q4 24
11.0%
Q3 24
18.5%
Q2 24
18.9%
Cash Conversion
CMA
CMA
WERN
WERN
Q1 26
Q4 25
Q3 25
-1.53×
Q2 25
2.39×
1.04×
Q1 25
1.59×
Q4 24
3.54×
5.97×
Q3 24
5.70×
9.30×
Q2 24
0.54×
11.52×

Financial Flow Comparison

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

Related Comparisons