Stocktoria

KEYCORP /NEW/ KEY

NYSE · stock · National Commercial Banks · website · IPO 1980-03-17

KEYCORP /NEW/ statistics & valuation

P / E13.7×
P / S3.3×
P / B1.2×
Net margin24.3%
Net debt$9.9B
Enterprise value USD$35.0B
Graham number +9.6%$25.08

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($25.08); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
15.70% 20.50% 28.90% 26.80% 20.00% 36.00% 26.40% 15.10% -3.50% 24.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
5.20% 8.60% 12.00% 10.10% 7.50% 15.10% 14.20% 6.60% -0.90% 9.00% 2016201720182019202020212022202320242025
Shares outstanding
938.5M 1.09B 1.05B 1.00B 974.8M 957.4M 933.1M 932.8M 949.6M 1.11B 2016201720182019202020212022202320242025
Net debt ($)
$12.38B $14.33B $13.73B $12.45B $13.71B $12.04B $19.31B $19.55B $12.11B $9.92B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.60% 0.90% 1.30% 1.20% 0.80% 1.40% 1.00% 0.50% -0.10% 1.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.81× 0.95× 0.88× 0.73× 0.76× 0.69× 1.44× 1.34× 0.67× 0.49× 2016201720182019202020212022202320242025
EPS ($)
$0.80 $1.13 $1.71 $1.62 $1.27 $2.63 $1.93 $0.88 -$0.32 $1.52 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

KEYCORP /NEW/ trades at about 15.1× earnings — above its 10-year norm (10-year range 9.5×–22.5×, median 13.3×).

9.5× 22.5×

Shaded band = 10-year range (9.5×–22.5×); dot = today's 15.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin24.3%-3.5%15.1%26.4%36.0%20.0%26.8%28.9%20.5%15.7%
Return on assets1.0%-0.1%0.5%1.0%1.4%0.8%1.2%1.3%0.9%0.6%
Return on equity9.0%-0.9%6.6%14.2%15.1%7.5%10.1%12.0%8.6%5.2%
Debt / equity0.49×0.67×1.34×1.44×0.69×0.76×0.73×0.88×0.95×0.81×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.