KEY Financials KeyCorp

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 41 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$1.7B	$1.8B	0.0%	0.0%	9.0%	1.0%	$2.1B	$9.9B	$1.3B
2024	$1.6B	-$161M	0.0%	0.0%	-0.9%	-0.1%	$599M	$12.1B	$1.7B
2023	$1.4B	$967M	0.0%	0.0%	6.6%	0.5%	$2.8B	$19.6B	$941M
2022	$1.6B	$1.9B	0.0%	0.0%	14.2%	1.0%	$4.4B	$19.3B	$887M
2021	$1.8B	$2.6B	0.0%	0.0%	15.1%	1.4%	$1.1B	$12.0B	$913M
2020	$1.4B	$1.3B	0.0%	0.0%	7.5%	0.8%	$1.6B	$13.7B	$1.1B
2019	$1.3B	$1.7B	0.0%	0.0%	10.1%	1.2%	$2.8B	$12.4B	$732M
2018	$1.3B	$1.9B	0.0%	0.0%	12.0%	1.3%	$2.4B	$13.7B	$678M
2017	—	$1.3B	—	—	8.6%	0.9%	$1.7B	$14.3B	$671M
2016	—	$791M	—	—	5.2%	0.6%	$1.5B	$12.4B	$677M
2015	—	$916M	—	—	8.5%	1.0%	$1.1B	$10.2B	—
2014	—	$900M	—	—	8.5%	1.0%	$1.2B	$7.9B	—
2013	—	$910M	—	—	8.8%	1.0%	$1.4B	$8.0B	—
2012	—	$858M	—	—	8.4%	1.0%	$1.1B	$7.1B	—
2011	—	$920M	—	—	9.3%	1.0%	$1.6B	$9.9B	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$449M	$509M	0.0%	0.0%	2.6%	0.3%	$233M	$11.0B	$1.7B
Mar '26	$462M	$522M	0.0%	0.0%	2.6%	0.3%	-$74M	$10.9B	$1.1B
Dec '25	$477M	$510M	0.0%	0.0%	2.5%	0.3%	$673M	$9.9B	$1.3B
Sep '25	$433M	$489M	0.0%	0.0%	2.4%	0.3%	$367M	$10.9B	$1.9B
Jun '25	$425M	$425M	0.0%	0.0%	2.2%	0.2%	$1.2B	$12.1B	$1.8B
Mar '25	$411M	$405M	0.0%	0.0%	2.1%	0.2%	-$150M	$12.4B	$1.9B
Dec '24	$448M	-$244M	0.0%	0.0%	-1.3%	-0.1%	$1.7B	$12.1B	$1.7B
Sep '24	$419M	-$410M	0.0%	0.0%	-2.4%	-0.2%	-$1.2B	$15.7B	$1.3B
Jun '24	$379M	$274M	0.0%	0.0%	1.9%	0.1%	-$230M	$16.9B	$1.3B
Mar '24	$399M	$219M	0.0%	0.0%	1.5%	0.1%	$347M	$20.8B	$1.2B
Dec '23	$361M	$65M	0.0%	0.0%	0.4%	0.0%	$994M	$19.6B	$941M
Sep '23	$347M	$303M	0.0%	0.0%	2.3%	0.2%	$541M	$21.3B	$766M
Jun '23	$348M	$287M	0.0%	0.0%	2.1%	0.1%	$532M	$22.1B	$758M
Mar '23	$375M	$312M	0.0%	0.0%	2.2%	0.2%	$694M	$22.8B	$784M
Dec '22	$457M	$394M	0.0%	0.0%	2.9%	0.2%	$1.6B	$19.3B	$887M
Sep '22	$377M	$542M	0.0%	0.0%	4.1%	0.3%	$2.1B	$18.3B	$717M
Jun '22	$401M	$533M	0.0%	0.0%	3.7%	0.3%	-$102M	$16.6B	$678M
Mar '22	$404M	$448M	0.0%	0.0%	2.9%	0.2%	$863M	$10.8B	$684M
Dec '21	$520M	$629M	0.0%	0.0%	3.6%	0.3%	-$45M	$12.0B	$913M
Sep '21	$490M	$645M	0.0%	0.0%	3.7%	0.3%	$916M	$13.2B	$763M

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 6.9× (Mar '23) to 12.9× (Sep '26).
The price-to-sales ratio has risen from 8.3× (Mar '23) to 13.5× (Sep '26).
The dividend yield has fallen from 6.5% (Mar '23) to 4.5% (Sep '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 Sep '26, KeyCorp traded at a price-to-earnings ratio of about 12.9× (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.