Comerica Incorporated
CMAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
4,993
Cost of Revenue
1,798
Gross Profit
3,195
Gross Margin
64.0%
Operating Income
888
Operating Margin
17.8%
Net Income
698
Net Margin
14.0%
EPS (Basic)
$5.06
EPS (Diluted)
$5.02
EBITDA
984
EBITDA Margin
19.7%
2023
12/31/2023
Revenue
5,253
Cost of Revenue
1,750
Gross Profit
3,503
Gross Margin
66.7%
Operating Income
1,144
Operating Margin
21.8%
Net Income
881
Net Margin
16.8%
EPS (Basic)
$6.47
EPS (Diluted)
$6.42
EBITDA
1,231
EBITDA Margin
23.4%
2022
12/31/2022
Revenue
3,740
Cost of Revenue
266
Gross Profit
3,474
Gross Margin
92.9%
Operating Income
1,476
Operating Margin
39.5%
Net Income
1,151
Net Margin
30.8%
EPS (Basic)
$8.56
EPS (Diluted)
$8.44
EBITDA
1,568
EBITDA Margin
41.9%
2021
12/31/2021
Revenue
3,024
Cost of Revenue
-327
Gross Profit
3,351
Gross Margin
110.8%
Operating Income
1,490
Operating Margin
49.3%
Net Income
1,168
Net Margin
38.6%
EPS (Basic)
$8.44
EPS (Diluted)
$8.32
EBITDA
1,589
EBITDA Margin
52.5%
2020
12/31/2020
Revenue
3,094
Cost of Revenue
719
Gross Profit
2,375
Gross Margin
76.8%
Operating Income
621
Operating Margin
20.1%
Net Income
497
Net Margin
16.1%
EPS (Basic)
$3.47
EPS (Diluted)
$3.44
EBITDA
729
EBITDA Margin
23.6%