Saturday 17 October 2026 Export KEY’s income statement to Excel — free account

KeyCorp

KeyCorp’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 21.6% from fiscal 2024. In the quarter to June 2026, revenue fell 1.14%, EPS grew 25.7%, free cash flow fell 80.8% and total debt fell 9.09%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

19.98 0.04 +0.20%

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Market cap: $21.3B
P/E: 11.5×
Fwd P/E: 11.9×
Dividend yield: 4.10%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 5.16

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	2	1	—	—	1	1	1	—	—	—

Insider Ownership 1.05%

Capital & Financial Ratios $m

Market Cap 21,280.00

Revenue 11,186.00

Net Income 2,030.00

Free Cash Flow 1,203.00

Net Debt (4,096.00)

Current Ratio 0.84

Debt/Equity 0.55

P/E ratio 11.55

Fwd P/E 11.90

P/S ratio 1.91

P/B ratio 1.24

Past 5Y EPS Growth 3.66%

This Y EPS Growth 20.76%

Next Y EPS Growth 17.52%

Next Y revenue growth (27.88%)

Next 5Y EPS Growth 17.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 44.95%

10-year low 10-year high

P/S against its own 10 years 28.90%

10-year low 10-year high

P/B against its own 10 years 53.41%

10-year low 10-year high

Dividends

Payout Ratio 0.48

Annual Dividend Rate 0.82

Annual Dividend Yield 4.10%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.83	0.21 0.21 0.21
2025	0.82	0.21 0.21 0.21 0.21
2024	0.82	0.21 0.21 0.21 0.21
2023	0.82	0.21 0.21 0.21 0.21
2022	0.79	0.20 0.20 0.20 0.21
2021	0.75	0.19 0.19 0.19 0.20
2020	0.74	0.19 0.19 0.19 0.19
2019	0.71	0.17 0.17 0.19 0.19
2018	0.57	0.11 0.12 0.17 0.17
2017	0.38	0.09 0.10 0.10 0.11
2016	0.33	0.08 0.09 0.09 0.09

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12,900	20,530	12,511	15,063
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	133,082	132,975	127,183	134,094

	2023	2024	2025	Q'26
Payables	145,587	149,760	148,713	153,089
ST’ Debt	—	—	—	—
Other	—	—	—	—
	154,090	156,887	154,083	160,552

Compound Annual Growth %

	10y	5y	3y
Sales	9.57%	8.88%	11.36%
Cash Flow	6.92%	5.71%	(20.94%)
Earnings	6.56%	6.39%	(2.14%)
Book Value	6.60%	2.54%	14.85%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,728	2,765	—	—	—
’25	2,738	2,797	2,833	2,860	11,228
’24	2,679	2,715	1,906	1,936	9,236
’23	2,432	2,619	2,686	2,660	10,397
’22	1,756	1,881	2,127	2,366	8,130
’21	1,825	1,840	1,884	2,012	7,561
’20	1,728	1,882	1,800	1,927	7,337

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(62)	259	—	—	—
’25	(140)	1,234	396	718	2,208
’24	359	(217)	(1,205)	1,727	664
’23	718	582	566	1,037	2,903
’22	881	(78)	2,081	1,585	4,469
’21	(205)	453	915	(10)	1,153
’20	(173)	278	622	946	1,673

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(74)	233	—	—	—
’25	(150)	1,211	370	674	2,105
’24	348	(221)	(1,220)	1,716	623
’23	695	533	544	994	2,766
’22	870	(110)	2,064	1,553	4,377
’21	(217)	433	916	(41)	1,091
’20	(185)	263	604	928	1,610

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.44	0.44	—	—	—
’25	0.33	0.35	0.41	0.43	1.52
’24	0.20	0.25	(0.47)	(0.28)	(0.32)
’23	0.30	0.27	0.29	0.03	0.88
’22	0.45	0.54	0.55	0.38	1.93
’21	0.61	0.73	0.65	0.64	2.63
’20	0.12	0.17	0.41	0.57	1.27

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.88	16.28	13.66	14.50	7.45	16.03	15.26	8.54	12.94	12.73	Analyst estimates 2026–2028 Powerpack
	High	18.62	20.58	22.40	20.53	20.37	24.57	27.17	20.30	20.04	21.25
People
People	Employees	15,700	18,415	18,180	17,045	16,826	17,654	18,891	17,333	16,753	17,883
	Revenue/emp, $m	0.34	0.37	0.41	0.45	0.44	0.43	0.43	0.60	0.55	0.63
Income, $m
Income, $m	Revenue	5,390	6,868	7,393	7,694	7,337	7,561	8,130	10,397	9,236	11,228
	Gross margin, %	92.58	91.07	86.89	82.77	91.13	96.09	89.11	61.39	49.52	66.60
	EBT	968	1,928	2,203	2,022	1,556	3,254	2,333	1,160	(306)	2,304
	EBT margin, %	17.96	28.07	29.80	26.28	21.21	43.04	28.70	11.16	(3.31)	20.52
	Net income	790	1,298	1,866	1,717	1,343	2,625	1,917	967	(161)	1,829
	Depreciation	314	407	382	241	111	32	164	154	73	21
Per share, $
Per share, $	Revenue	5.81	6.41	7.10	7.76	7.58	7.98	8.80	11.21	9.73	10.22
	Earnings	0.81	1.14	1.73	1.63	1.28	2.66	1.94	0.89	(0.32)	1.53
	Cash flow	1.82	1.69	2.41	2.93	1.73	1.22	4.83	3.13	0.70	2.01
	Capex	(0.16)	(0.10)	(0.09)	(0.07)	(0.07)	(0.07)	(0.10)	(0.15)	(0.04)	(0.09)
	Free cash flow	1.66	1.59	2.31	2.86	1.66	1.15	4.74	2.98	0.66	1.92
	Book value	16.43	14.01	14.98	17.17	18.58	18.40	14.55	15.79	19.14	18.55
	Shares, m	928	1,072	1,041	992	968	947	924	927	950	1,099
Valuation, ×
Valuation, ×	P/E	22.27	17.54	8.59	12.49	12.92	8.70	9.08	16.42	0.00	13.49
	P/S	3.14	3.15	2.08	2.61	2.16	2.90	2.00	1.30	1.76	2.02
	P/B	1.25	1.54	1.09	1.33	0.99	1.41	1.49	1.12	1.04	1.27
	EV/Sales	4.64	4.37	3.39	3.83	1.58	2.82	3.87	1.94	0.85	1.79
	EV/FCF	16.20	17.62	10.39	10.39	7.19	19.55	7.16	7.30	12.60	9.54
Cash, $m
Cash, $m	Operating cash flow	1,689	1,815	2,506	2,906	1,673	1,153	4,469	2,903	664	2,208
	Capex	(145)	(112)	(97)	(67)	(63)	(62)	(92)	(137)	(41)	(103)
	Free cash flow	1,544	1,703	2,409	2,839	1,610	1,091	4,377	2,766	623	2,105
Balance, $m
Balance, $m	Working capital	(13,726)	(11,514)	(11,270)	(11,884)	(12,672)	(32,470)	(24,661)	(21,008)	(23,912)	(26,900)
	Total debt	12,384	14,333	13,732	12,448	13,709	12,042	19,307	19,554	12,105	9,917
	Net debt	8,065	8,379	9,643	9,404	(4,311)	(582)	15,159	6,654	(8,425)	(2,594)
	Shareholders’ equity	15,240	15,025	15,596	17,038	17,981	17,423	13,454	14,637	18,176	20,381
Returns, %
Returns, %	ROA	0.65	0.89	1.30	1.14	0.78	1.41	0.96	0.44	(0.16)	0.91
	ROIC	2.60	5.15	5.46	4.78	7.11	12.08	5.10	3.41	(1.96)	8.10
	ROE	6.27	8.89	12.79	11.06	7.92	15.94	13.59	7.14	(2.19)	10.05

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CFG Citizens Financial Group, Inc.	$26.7B	13.6×	12.3×	+6.25% (above 0%: growing)	+40.86% (above 0%: growing)	−17.35% (below 0%: shrinking)	71.46%	0.00%	Compare
RF Regions Financial Corporation	$23.3B	11.1×	10.9×	−2.14% (below 0%: shrinking)	+8.47% (above 0%: growing)	−39.63% (below 0%: shrinking)	80.19%	0.00%	Compare
FCNCA First Citizens BancShares, Inc.	$23.3B	11.4×	11.8×	+0.11% (above 0%: growing)	+31.07% (above 0%: growing)	+28.65% (above 0%: growing)	67.05%	0.00%	Compare
BBD Banco Bradesco SA	$22.5B	9.4×	6.5×	+32.31% (above 0%: growing)	+30.00% (above 0%: growing)	−266.98% (below 0%: shrinking)	36.36%	0.00%	Compare
KEY KeyCorp	$21.3B	11.5×	11.9×	−1.14% (below 0%: shrinking)	+25.71% (above 0%: growing)	−80.76% (below 0%: shrinking)	70.74%	0.00%
BSBR Banco Santander Brasil SA	$20.9B	7.4×	—	+14.98% (above 0%: growing)	−5.56% (below 0%: shrinking)	+274.78% (above 0%: growing)	40.57%	0.00%	Compare
BCH Banco De Chile	$19.8B	14.7×	13.3×	+14.73% (above 0%: growing)	+34.37% (above 0%: growing)	−141.88% (below 0%: shrinking)	79.35%	0.00%	Compare
EWBC East West Bancorp, Inc.	$17.3B	12.1×	11.8×	+3.68% (above 0%: growing)	+17.78% (above 0%: growing)	+112.58% (above 0%: growing)	66.63%	0.00%	Compare
WF Woori Bank	$17.1B	8.1×	—	+37.39% (above 0%: growing)	+1.14% (above 0%: growing)	−106.07% (below 0%: shrinking)	57.49%	0.00%	Compare
Median of peers	$21.7B	11.2×	11.8×	+10.49%	+23.89%	−28.49%	66.84%	0.00%

All 323 Banks Regional stocks →

KeyCorp (KEY) key facts

Strength: KeyCorp’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 21.6% from fiscal 2024.
KeyCorp (KEY) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, KEY traded at $19.98, a market capitalization of $21.3 billion.
KeyCorp pays an annual dividend of $0.82 per share, a yield of 4.10%, with a payout ratio of 47.7%.
Return on equity was 10.1% and debt-to-equity 0.55.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.