---
title: "KeyCorp: Metrics Guide"
description: "KeyCorp revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/keycorp/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# KeyCorp: Financial & Operating Metrics Guide

## Direct Answer

KeyCorp reported revenue of $7.5 billion for the fiscal year ended December 31, 2025, net income of $1.8 billion, according to its SEC filings. Revenue grew 62.7% from the prior year.

## What Are KeyCorp's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $7.5 billion | $4.6 billion | $6.4 billion | $7.3 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $1.8 billion | -$161 million | $967 million | $1.9 billion |
| Net margin | 24.3% | -3.5% | 15.1% | 26.4% |
| Operating cash flow | $2.2 billion | $664 million | $2.9 billion | $4.5 billion |
| Capital expenditures | $107 million | $65 million | $142 million | $96 million |
| Free cash flow | $2.1 billion | $599 million | $2.8 billion | $4.4 billion |

Free cash flow (operating cash flow minus capital expenditures) was $2.1 billion against net income of $1.8 billion; cash generation covered reported earnings.

![Bar chart of KeyCorp revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $7.5 billion and net income $1.8 billion.](https://www.getswoopr.com/images/charts/keycorp-metrics-revenue-profit.webp)
*KeyCorp revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of KeyCorp net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 24.3%.](https://www.getswoopr.com/images/charts/keycorp-metrics-margins.webp)
*KeyCorp operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of KeyCorp operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $2.2 billion, capital expenditures was $107 million, free cash flow was $2.1 billion.](https://www.getswoopr.com/images/charts/keycorp-metrics-cash-flow.webp)
*KeyCorp operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does KeyCorp's Balance Sheet Show?

| Cash and cash equivalents | $1.3 billion |
| --- | --- |
| Long-term debt | $9.9 billion |
| Total assets | $184 billion |
| Total liabilities | $164 billion |
| Shareholders' equity | $20.4 billion |
| Current ratio | n/a |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value KeyCorp reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-010546 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was KeyCorp's revenue in fiscal 2025?

KeyCorp reported revenue of $7.5 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is KeyCorp's operating margin?

KeyCorp did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.

### How much free cash flow did KeyCorp generate?

Operating cash flow of $2.2 billion less capital expenditures of $107 million gives free cash flow of $2.1 billion for fiscal 2025.

## References

- [SEC EDGAR: KEYCORP /NEW/ Form 10-K filed February 23, 2026](https://www.sec.gov/Archives/edgar/data/91576/000162828026010546/key-20251231.htm)
- [SEC EDGAR: KEYCORP /NEW/ annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=91576&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [KeyCorp company dossier](https://www.getswoopr.com/stocks/companies/keycorp/)
- [KeyCorp financial metrics](https://www.getswoopr.com/stocks/companies/keycorp/metrics/)
- [KeyCorp financial risk indicators](https://www.getswoopr.com/stocks/companies/keycorp/risks/)
- [KeyCorp peer comparison](https://www.getswoopr.com/stocks/companies/keycorp/competitors/)
- [KeyCorp business model and revenue mix](https://www.getswoopr.com/stocks/companies/keycorp/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
