Company / Income Tax
Comerica Income Tax History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$190.0M
FY2024
5-year range
$124.0M / $325.0M
FY2020-FY2024
Trend
-27.8%
vs FY2023
Sector context
#101 of 392
Financials
What the data says
At $190M, Comerica's income tax ranks #292 of 392 in the Financials sector. Income Tax has fluctuated over the past 10 years, ranging from $124M in FY2020 to $491M in FY2017.
Based on SEC 10-K filings.
$190M in FY2024 with a 5-year CAGR of -10.8%.
Improved from $325M to $190M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -16.1%
- 5-Year CAGR
- -10.8%
- 10-Year CAGR
- -
Sector benchmark
#292 of 392 in FinancialsTop 74% of 392This company $190.0M Sector average $321.5M
▼
-40.9% below sector average
Key checks
Key Insights
- 5-year CAGR of -10.8%, indicating a declining trend.
- In FY2024, income tax decreased 27.8% year-over-year.
- Ranks #101 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2017.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $190.0M | -27.8% |
| FY2023 | $263.0M | -19.1% |
| FY2022 | $325.0M | +0.9% |
| FY2021 | $322.0M | +159.7% |
| FY2020 | $124.0M | -63.1% |
| FY2019 | $336.0M | +12.0% |
| FY2018 | $300.0M | -38.9% |
| FY2017 | $491.0M | +154.4% |
| FY2016 | $193.0M | -15.7% |
| FY2015 | $229.0M | -17.3% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026