| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | 2 | 1 | — | — | 1 | 1 | 1 | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.83 |
—
—
—
|
| 2025 | 0.82 |
—
—
—
—
|
| 2024 | 0.82 |
—
—
—
—
|
| 2023 | 0.82 |
—
—
—
—
|
| 2022 | 0.79 |
—
—
—
—
|
| 2021 | 0.75 |
—
—
—
—
|
| 2020 | 0.74 |
—
—
—
—
|
| 2019 | 0.71 |
—
—
—
—
|
| 2018 | 0.57 |
—
—
—
—
|
| 2017 | 0.38 |
—
—
—
—
|
| 2016 | 0.33 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 12,900.00 | 20,530.00 | 12,511.00 | 15,063.00 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 133,082.00 | 132,975.00 | 127,183.00 | 134,094.00 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 145,587.00 | 149,760.00 | 148,713.00 | 153,089.00 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 154,090.00 | 156,887.00 | 154,083.00 | 160,552.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2,728.00 | 2,765.00 | — | — |
—
|
| ’25 | 2,738.00 | 2,797.00 | 2,833.00 | 2,860.00 |
11,228.00
|
| ’24 | 2,679.00 | 2,715.00 | 1,906.00 | 1,936.00 |
9,236.00
|
| ’23 | 2,432.00 | 2,619.00 | 2,686.00 | 2,660.00 |
10,397.00
|
| ’22 | 1,756.00 | 1,881.00 | 2,127.00 | 2,366.00 |
8,130.00
|
| ’21 | 1,825.00 | 1,840.00 | 1,884.00 | 2,012.00 |
7,561.00
|
| ’20 | 1,728.00 | 1,882.00 | 1,800.00 | 1,927.00 |
7,337.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (62.00) | 259.00 | — | — |
—
|
| ’25 | (140.00) | 1,234.00 | 396.00 | 718.00 |
2,208.00
|
| ’24 | 359.00 | (217.00) | (1,205.00) | 1,727.00 |
664.00
|
| ’23 | 718.00 | 582.00 | 566.00 | 1,037.00 |
2,903.00
|
| ’22 | 881.00 | (78.00) | 2,081.00 | 1,585.00 |
4,469.00
|
| ’21 | (205.00) | 453.00 | 915.00 | (10.00) |
1,153.00
|
| ’20 | (173.00) | 278.00 | 622.00 | 946.00 |
1,673.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (74.00) | 233.00 | — | — |
—
|
| ’25 | (150.00) | 1,211.00 | 370.00 | 674.00 |
2,105.00
|
| ’24 | 348.00 | (221.00) | (1,220.00) | 1,716.00 |
623.00
|
| ’23 | 695.00 | 533.00 | 544.00 | 994.00 |
2,766.00
|
| ’22 | 870.00 | (110.00) | 2,064.00 | 1,553.00 |
4,377.00
|
| ’21 | (217.00) | 433.00 | 916.00 | (41.00) |
1,091.00
|
| ’20 | (185.00) | 263.00 | 604.00 | 928.00 |
1,610.00
|
| 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
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 15.26 | 8.54 | 12.94 | 12.73 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.17 | 20.30 | 20.04 | 21.25 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18,891 | 17,333 | 16,753 | 17,883 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.43 | 0.60 | 0.55 | 0.63 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,130.00 | 10,397.00 | 9,236.00 | 11,228.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 89.11% | 61.39% | 49.52% | 66.60% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,333.00 | 1,160.00 | (306.00) | 2,304.00 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.70% | 11.16% | (3.31%) | 20.52% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,917.00 | 967.00 | (161.00) | 1,829.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 164.00 | 154.00 | 73.00 | 21.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.80 | 11.21 | 9.73 | 10.22 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 1.94 | 0.89 | (0.32) | 1.53 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.83 | 3.13 | 0.70 | 2.01 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.10) | (0.15) | (0.04) | (0.09) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.74 | 2.98 | 0.66 | 1.92 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.55 | 15.79 | 19.14 | 18.55 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 924.36 | 927.22 | 949.56 | 1,098.56 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.08 | 16.42 | 0.00 | 13.49 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.00 | 1.30 | 1.76 | 2.02 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.49 | 1.12 | 1.04 | 1.27 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.05 | 2.28 | 1.23 | 2.10 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.35 | 8.58 | 18.26 | 11.21 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,469.00 | 2,903.00 | 664.00 | 2,208.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (92.00) | (137.00) | (41.00) | (103.00) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,377.00 | 2,766.00 | 623.00 | 2,105.00 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (24,661.00) | (21,008.00) | (23,912.00) | (26,900.00) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28,906.00 | 19,554.00 | 12,105.00 | 9,917.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24,758.00 | 6,654.00 | (8,425.00) | (2,594.00) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13,454.00 | 14,637.00 | 18,176.00 | 20,381.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.96% | 0.44% | (0.16%) | 0.91% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.82% | 3.41% | (1.96%) | 8.10% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13.59% | 7.14% | (2.19%) | 10.05% | — | — | — |
ROE
|
KeyCorp (KEY) has shown resilient revenue growth, up 93% from $5.39 billion in 2016 to $10.40 billion in 2023, driven by efficient scaling and productivity gains like revenue per employee surging 75%. However, profitability has been volatile: EPS plummeted from a 2021 peak of $2.66 to -$0.32 in 2024 amid margin compression (gross margins halved to 49.5%) and high funding costs, with stock prices cycling sharply—down 60% in 2023 before a 52% rebound—highlighting sensitivity to interest rates and regional banking stresses.
The balance sheet strengthens the case, with equity up 19% to $18.18 billion, debt slashed 58% to $12.11 billion (net cash positive), and PB ratios at 1.04x signaling undervaluation. Yet, insider activity raises flags: $8.17 million in sells dwarfed $152,000 in buys from March 2025-February 2026. Analysts forecast a 2025 revenue rebound to $11.23 billion and EPS to $1.80 by 2026, implying ~11% mean upside (high 20%, low -12%), but risks from prolonged high rates, CRE exposure, and ROE volatility (peaking 16%, troughing -2%) warrant caution.
For conservative investors, KeyCorp merits a hold at current levels—fundamentals support modest recovery, but sustained profitability is key amid macro uncertainties.
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