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Comerica (Comerica) FCF Yield % : 15.92 (As of Apr. 27, 2024)


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What is Comerica FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Comerica's Trailing 12-Month Free Cash Flow is $1,098 Mil, and Market Cap is $6,898 Mil. Therefore, Comerica's FCF Yield % for today is 15.92%.

The historical rank and industry rank for Comerica's FCF Yield % or its related term are showing as below:

CMA' s FCF Yield % Range Over the Past 10 Years
Min: -3.13   Med: 7.71   Max: 43.17
Current: 15.92


During the past 13 years, the highest FCF Yield % of Comerica was 43.17%. The lowest was -3.13%. And the median was 7.71%.

CMA's FCF Yield % is ranked better than
66.67% of 1428 companies
in the Banks industry
Industry Median: 10.135 vs CMA: 15.92

Comerica's FCF Margin % for the quarter that ended in Dec. 2023 was 135.81%.


Comerica FCF Yield % Historical Data

The historical data trend for Comerica's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comerica FCF Yield % Chart

Comerica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.85 10.92 4.96 6.35 14.92

Comerica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.89 -13.48 -15.85 57.71 -

Competitive Comparison of Comerica's FCF Yield %

For the Banks - Regional subindustry, Comerica's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comerica's FCF Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Comerica's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Comerica's FCF Yield % falls into.



Comerica FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Comerica's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=1098 / 7361.22738
=14.92%

Comerica's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=1062 * 4 / 7361.22738
=57.71%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comerica FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Comerica FCF Yield % Related Terms

Thank you for viewing the detailed overview of Comerica's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Comerica (Comerica) Business Description

Traded in Other Exchanges
Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.
Executives
Bailey Corey R officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Alan Gardner director C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo director 1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr director
Jennifer H Sampson director 1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges officer: EVP 1717 MAIN STREET, DALLAS TX 75201
James Harry Weber officer: Executive Vice President 1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Von E Hays officer: Interim Chief Legal Officer 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Christine M Moore officer: SVP and General Auditor 411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores director 6555 NORTH STATE HWY 161, IRVING TX 75039