15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.1% per year over the past 5 years.
Net income has grown faster than revenue (6.4% vs 4.1% per year).
Free cash flow has grown 5.5% per year over the past 5 years.
Financial health
Total debt ($9.9B) exceeds cash ($1.3B); net debt is $8.6B.
Total debt has grown slower than revenue (-6.3% vs 4.1% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 57.6% of earnings and 50.2% of free cash flow.
The dividend has grown 4.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.7B
$1.8B
0.0%
0.0%
$2.1B
$9.9B
$1.3B
2024
$1.6B
-$161M
0.0%
0.0%
$599M
$12.1B
$1.7B
2023
$1.4B
$967M
0.0%
0.0%
$2.8B
$19.6B
$941M
2022
$1.6B
$1.9B
0.0%
0.0%
$4.4B
$19.3B
$887M
2021
$1.8B
$2.6B
0.0%
0.0%
$1.1B
$12.0B
$913M
2020
$1.4B
$1.3B
0.0%
0.0%
$1.6B
$13.7B
$1.1B
2019
$1.3B
$1.7B
0.0%
0.0%
$2.8B
$12.4B
$732M
2018
$1.3B
$1.9B
0.0%
0.0%
$2.4B
$13.7B
$678M
2017
—
$1.3B
—
—
$1.7B
$14.3B
$671M
2016
—
$791M
—
—
$1.5B
$12.4B
$677M
2015
—
$916M
—
—
$1.1B
$10.2B
—
2014
—
$900M
—
—
$1.2B
$7.9B
—
2013
—
$910M
—
—
$1.4B
$8.0B
—
2012
—
$858M
—
—
$1.1B
$7.1B
—
2011
—
$920M
—
—
$1.6B
$9.9B
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$462M
$522M
0.0%
0.0%
-$74M
$10.9B
$1.1B
Dec '25
$477M
$510M
0.0%
0.0%
$673M
$9.9B
$1.3B
Sep '25
$433M
$489M
0.0%
0.0%
$367M
$10.9B
$1.9B
Jun '25
$425M
$425M
0.0%
0.0%
$1.2B
$12.1B
$1.8B
Mar '25
$411M
$405M
0.0%
0.0%
-$150M
$12.4B
$1.9B
Dec '24
$448M
-$244M
0.0%
0.0%
$1.7B
$12.1B
$1.7B
Sep '24
$419M
-$410M
0.0%
0.0%
-$1.2B
$15.7B
$1.3B
Jun '24
$379M
$274M
0.0%
0.0%
-$230M
$16.9B
$1.3B
Mar '24
$399M
$219M
0.0%
0.0%
$347M
$20.8B
$1.2B
Dec '23
$361M
$65M
0.0%
0.0%
$994M
$19.6B
$941M
Sep '23
$347M
$303M
0.0%
0.0%
$541M
$21.3B
$766M
Jun '23
$348M
$287M
0.0%
0.0%
$532M
$22.1B
$758M
Mar '23
$375M
$312M
0.0%
0.0%
$694M
$22.8B
$784M
Dec '22
$457M
$394M
0.0%
0.0%
$1.6B
$19.3B
$887M
Sep '22
$377M
$542M
0.0%
0.0%
$2.1B
$18.3B
$717M
Jun '22
$401M
$533M
0.0%
0.0%
-$102M
$16.6B
$678M
Mar '22
$404M
$448M
0.0%
0.0%
$863M
$10.8B
$684M
Dec '21
$520M
$629M
0.0%
0.0%
-$45M
$12.0B
$913M
Sep '21
$490M
$645M
0.0%
0.0%
$916M
$13.2B
$763M
Jun '21
$436M
$729M
0.0%
0.0%
$433M
$13.2B
$792M
Valuation over time
How the market has priced KEY against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 7.0× (Mar '23) to 13.9× (Jun '26).
The price-to-sales ratio has risen from 8.4× (Mar '23) to 14.5× (Jun '26).
The dividend yield has fallen from 6.4% (Mar '23) to 4.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is KEY growing its revenue and profit?
Over the past 5 years, KeyCorp's revenue has grown 4.1% per year, and net income grown 6.4% per year. These are computed facts, not advice.
How much debt does KEY have?
As of FY2025, KeyCorp reported $9.9B of total debt against $1.3B of cash.
What is KEY's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 104.6%.
What is KEY's P/E ratio?
As of Jun '26, KeyCorp traded at a price-to-earnings ratio of about 13.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.