KEY Keycorp margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 90
Gross margin
100%
Operating margin
35.5%
EBITDA margin
33.4%
Net margin
26%

Using the latest TTM figures, Keycorp shows a gross margin of 100%, an operating margin of 35.5%, an EBITDA margin of 33.4%, and a net margin of 26%. Operating margin led the available margin gains with 14.6 percentage points, while the other margins were unchanged.

KEY margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Keycorp recorded average margins of 100% gross, 17.63% operating, 16.3% EBITDA, and 12.27% net. The latest figures show operating, EBITDA, and net margins are above their three-year averages.

KEY margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 14.6 percentage points, EBITDA margin by 14.5 percentage points, and net margin by 10.3 percentage points, while gross margin was unchanged.

Gross margin expansion
0pp
Operating margin expansion
14.6pp
EBITDA margin expansion
14.5pp
Net margin expansion
10.3pp

KEY Gross margin

Keycorp's gross margin averaged 100% across the past 3 years. At present, Keycorp's current gross margin is 100%, which is in line with its three-year average. Over the last 3 years, Keycorp's gross margin peaked at 100% in Sep 2026 and reached a low of 100% in Dec 2023.

KEY Operating margin

Over the last 3 years, the average operating margin for Keycorp was 17.63%. The latest operating margin for Keycorp is 35.5%, 17.9 percentage points above its three-year average. Keycorp's operating margin ranged from a low of -7.2% in Dec 2024 to a high of 35.5% in Sep 2026.

KEY EBITDA margin

Over the last 3 years, Keycorp's EBITDA margin averaged 16.3%. At present, Keycorp's current EBITDA margin is 33.4%, which is 17.1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 33.4% in Sep 2026 and a low of -8.8% in Dec 2024.

KEY Net margin

Across the last 3 years, Keycorp's net margin stood at 12.27%. The current net margin stands at 26%, 13.7 percentage points above its three-year average. Net margin was highest at 26% in Sep 2026 and lowest at -7.2% in Dec 2024.

KEY margin group comparison

Margins compared with peer-group, industry and sector averages

Keycorp's gross margin of 100% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 83.5%, Keycorp's gross margin is 20% higher.

KEY margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Keycorp's gross margin?

For the period ending Sep 30, 2026, KEY recorded a gross margin of 100%.

What is Keycorp's operating margin?

The current operating margin for KEY is 35.5% as of Sep 30, 2026.

What is Keycorp's EBITDA margin?

As of Sep 30, 2026, KEY has an EBITDA margin of 33.4%.

What is Keycorp's net margin?

The current net margin for KEY is 26% as of Sep 30, 2026.

What are the average margins of KEY?

Across the last 3 years, KEY averaged 100.0% gross, 17.6% operating, 16.3% EBITDA, and 12.3% net.

What are the highest historical margins of KEY?

Within the 5-year period, KEY recorded its highest margins at 100% gross in Sep 2026, 42.4% operating in Dec 2021, 42.9% EBITDA in Dec 2021, and 34.2% net in Dec 2021.

What are the lowest historical margins of KEY?

Keycorp's lowest recorded margins during the past 5 years were 100% gross in Dec 2021, -7.2% operating in Dec 2024, -8.8% EBITDA in Dec 2024, and -7.2% net in Dec 2024.