Comerica Incorporated
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
11.4110.14
Price/Sales ratio
2.472.39
Earnings per Share (EPS)
$5.92$6.65

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
14.1314.1324.5520.329.348.9815.6210.057.608.3614.649.34
Price/Sales ratio
3.322.684.114.763.463.212.663.952.472.051.773.21
Price/Book Value ratio
1.130.971.501.891.531.460.961.481.691.151.111.46
Price/Cash Flow ratio
13.128.5423.7613.697.149.878.3618.5213.725.883.959.87
Price/Free Cash Flow ratio
14.739.9029.4314.607.5610.719.1420.8215.756.704.2710.71
Price/Earnings Growth ratio
1.19-1.33-3.820.370.121.11-0.270.075.35-0.343.480.12
Dividend Yield
1.63%1.99%1.29%1.19%2.27%3.73%4.93%3.33%4.29%5.34%4.59%2.27%
Profitability Indicator Ratios
Gross Profit Margin
100%99.92%100.07%100%100%100%100%100%100%147.41%94.66%100%
Operating Profit Margin
38.24%30.85%27.45%42.77%54.14%45.82%20.29%50.21%47.59%37.58%38.17%45.82%
Pretax Profit Margin
34.48%27.38%23.52%38.95%46.12%45.82%20.29%50.21%41.76%31.84%15.79%45.82%
Net Profit Margin
23.50%19.02%16.74%23.45%37.10%35.83%17.06%39.36%32.56%24.52%12.25%35.83%
Effective Tax Rate
31.83%30.53%28.80%39.78%19.54%21.80%19.79%21.61%22.01%22.98%22.40%19.54%
Return on Assets
0.85%0.72%0.65%1.03%1.74%1.63%0.56%1.23%1.34%1.02%0.70%1.63%
Return On Equity
8.01%6.89%6.11%9.33%16.45%16.35%6.17%14.79%22.21%13.75%8.63%16.35%
Return on Capital Employed
1.39%1.17%1.07%1.89%2.54%2.08%0.67%1.58%2.04%1.70%3.13%2.54%
Liquidity Ratios
Current Ratio
0.240.270.280.270.27N/AN/AN/AN/AN/A0.08N/A
Quick Ratio
9.6955.211.22K2.78K580.63419.4558.5878.819.742.980.08419.45
Cash ratio
52.33267.26288.72584.5103.6581.9417.4225.851.951.460.0381.94
Days of Sales Outstanding
N/AN/AN/AN/A450.87592.86746.29768.01776.99N/A61.17592.86
Days of Inventory outstanding
N/AN/A5.32MN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/A5.32MN/AN/AN/AN/AN/AN/AN/A61.17N/A
Days of Payables Outstanding
N/AN/A5.76MN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/A-435.99KN/AN/AN/AN/AN/AN/AN/A61.17N/A
Debt Ratios
Debt Ratio
0.020.040.060.060.090.090.060.020.070.110.080.09
Debt Equity Ratio
0.270.400.590.580.861.000.710.351.201.520.920.86
Long-term Debt to Capitalization
0.210.280.370.360.460.490.410.260.360.490.470.46
Total Debt to Capitalization
0.210.280.370.360.460.500.410.260.540.600.470.46
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A4.62N/AN/AN/A1.14N/A
Cash Flow to Debt Ratio
0.300.270.100.230.240.140.160.220.100.120.300.24
Company Equity Multiplier
9.349.509.368.989.4310.0110.9411.9816.4813.3910.819.43
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.250.310.170.340.480.320.310.210.180.340.450.45
Free Cash Flow / Operating Cash Flow Ratio
0.890.860.800.930.940.920.910.880.870.870.910.92
Cash Flow Coverage Ratio
0.300.270.100.230.240.140.160.220.100.120.300.24
Short Term Coverage Ratio
N/A37.4719.72110.336.7215.35N/AN/A0.190.35N/A15.35
Dividend Payout Ratio
23.10%28.21%31.86%24.22%21.29%33.55%77.06%33.56%32.66%44.72%70.94%21.29%