Companies: 10,795·Total market cap: $144.5T
KeyCorp

KeyCorp

KEY-PINYSEFinancial Services● Active
$25.00
+$0.02(+0.08%)
Market Cap$20.0B
P/E Ratio—
52W High$25.6
52W Low$24.35
Free Cash FlowFinancialsRevenue

KeyCorp (KEY-PI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

KEY-PI · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $2.10B for FY2025 (fiscal year ending 2025-12-31), up 250.8% year-over-year The FCF margin was 18.8%. Five-year CAGR stands at +5.5%.

FY2025 Free Cash Flow$2.10B▲ +250.8% YoY
Trailing 12M (TTM)$2.18Btrailing 4 quarters sum
FCF Margin18.8%$2.10B ÷ revenue
3-Year CAGR-21.6%FY2022 → FY2025
5-Year CAGR+5.5%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
key-pi free cash flow history · key-pi free cash flow chart · key-pi free cash flow growth rate · key-pi free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$2.10B▲ +250.8%18.8%
FY2024$599.0M▼ 78.3%6.6%
FY2023$2.76B▼ 36.7%27.0%
FY2022$4.36B▲ +301.2%55.1%
FY2021$1.09B▼ 32.5%14.8%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
key-pi free cash flow 2025 · key-pi free cash flow 2024 · key-pi free cash flow 2023 · key-pi operating cash flow

FCF valuation metrics

KeyCorp (KEY-PI) trades at a FCF yield of 9.24% and a price-to-free-cash-flow ratio of 12.6x. FCF per share stands at $1.99, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
9.24%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.99
TTM FCF ÷ Shares Outstanding
Price / FCF
x12.6
Share Price ÷ FCF per Share
EV / FCF (TTM)
x18.1
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
key-pi price to free cash flow · key-pi free cash flow yield · key-pi free cash flow per share · key-pi price to cash flow ratio

Cash flow statement summary

For FY2025, KeyCorp generated $2.21B in operating cash flow and spent 107M in capital expenditures, yielding $2.10B in free cash flow.

Operating Activities
+$2.21B
Cash from core business operations
2025-12-31
Investing Activities
+$3.22B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$5.88B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($2.21B) − |CapEx| (107M) = FCF ($2.10B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
key-pi cash flow statement · key-pi cash flow statement 2025 · key-pi operating cash flow · key-pi cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
KeyCorp
KeyCorpYOU
KEY-PI
$2.10B+250.8%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

KeyCorp (KEY-PI) reported free cash flow of $2.10B for FY2025 (fiscal year ending 2025-12-31), up 250.8% year-over-year. The FCF margin was 18.8%.

Based on available data, KeyCorp has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $4.36B in FY2022. The 5-year CAGR stands at +5.5%.

KeyCorp's FCF yield is 9.24% and price-to-FCF ratio is 12.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

KEY-PI free cash flow · 8 questions

KeyCorp free cash flow was $2.10B for FY2025, up 250.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.18B.

KEY-PI free cash flowKEY-PI FCFKEY-PI FCF 2025KEY-PI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · KeyCorp · KeyCorp SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026