# KeyCorp (KEY) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Banks. Price $22.18, market value $23.7 billion.

## Valuation
- **P/E (trailing): 13.0×** (5-yr avg 10.6×, 3-yr avg 13.9×). KeyCorp trades at 13.0× trailing earnings, well above its own five-year average of 10.6×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.02**. A PEG of 0.02 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 13.0×**. Each dollar of revenue is priced at 13.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 5.1%** (5-yr avg 15.0%). Free cash flow equals 5.1% of the market value, below its five-year average of 15.0%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 7.7%**. The inverse of the P/E: 7.7% of the price is earned each year.

## Profitability
- **Net margin: 104.6%**. 104.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.0%**. 9.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.1%**. Each dollar of assets produces 1.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 6.5%** (3-yr 3.1%/yr, 5-yr 4.1%/yr). Revenue grew 6.5% over the last year, against 4.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 575.0%** (3-yr -7.7%/yr, 5-yr 3.7%/yr). Earnings per share rose 575.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -21.7%/yr**. Free cash flow has compounded at -21.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.70%** ($0.82 per share, trailing). KeyCorp yields 3.70%, an income-level yield.
- **Payout ratio: 58%** (87% of free cash flow). 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 2.1%/yr** (1-yr 0.0%). The dividend has grown 2.1% a year over five years.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover KeyCorp; the consensus is buy, with an average price target of $26.02 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 19.3%** (YTD 9.6%, 3-mo 1.9%). The shares are up 19.3% over twelve months including dividends.
- **From 52-week high: -7.9%** (34.7% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.84** (volatility 24%). Beta of 0.84 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KEY · Page: https://foliofundamentals.com/stocks/key

Not investment advice.