TTM
22.2%
YoY change
+23.97pp
Trough year (2009)
-40.7%
Peak year (2021)
44.4%
Latest annual
20.6%
Operating Margin history chart for KeyCorp (KEY) from 1989 to 2025
Latest: 20.6%
Operating Margin change chart for KeyCorp (KEY) from 1989 to 2025
Latest: +23.97pp
Operating Margin history table for KeyCorp (KEY) from 1989 to 2025
| 2025 | 20.6% | +23.97pp | ||
| 2024 | -3.4% | -14.72pp | ||
| 2023 | 11.3% | -18.15pp | ||
| 2022 | 29.5% | -14.88pp | ||
| 2021 | 44.4% | +22.58pp | ||
| 2020 | 21.8% | -5.15pp | ||
| 2019 | 26.9% | -3.98pp | ||
| 2018 | 30.9% | +2.04pp | ||
| 2017 | 28.9% | +10.10pp | ||
| 2016 | 18.8% | -9.36pp | ||
| 2015 | 28.1% | -2.18pp | ||
| 2014 | 30.3% | +3.30pp | ||
| 2013 | 27.0% | +2.47pp | ||
| 2012 | 24.5% | -5.74pp | ||
| 2011 | 30.3% | +15.00pp | ||
| 2010 | 15.3% | +55.99pp | ||
| 2009 | -40.7% | -26.68pp | ||
| 2008 | -14.0% | -30.69pp | ||
| 2007 | 16.7% | -5.62pp | ||
| 2006 | 22.3% | -1.85pp | ||
| 2005 | 24.1% | -0.35pp | ||
| 2004 | 24.5% | +2.80pp | ||
| 2003 | 21.7% | +0.29pp | ||
| 2002 | 21.4% | +17.86pp | ||
| 2001 | 3.5% | -14.39pp | ||
| 2000 | 17.9% | -3.12pp | ||
| 1999 | 21.0% | +0.19pp | ||
| 1998 | 20.8% | +0.35pp | ||
| 1997 | 20.5% | +1.55pp | ||
| 1996 | 18.9% | -0.18pp | ||
| 1995 | 19.1% | -4.78pp | ||
| 1994 | 23.9% | +1.43pp | ||
| 1993 | 22.5% | +4.22pp | ||
| 1992 | 18.2% | +3.70pp | ||
| 1991 | 14.5% | +5.13pp | ||
| 1990 | 9.4% | -3.26pp | ||
| 1989 | 12.7% | — |
- 202520.6%+23.97pp
- 2024-3.4%-14.72pp
- 202311.3%-18.15pp
- 202229.5%-14.88pp
- 202144.4%+22.58pp
- 202021.8%-5.15pp
- 201926.9%-3.98pp
- 201830.9%+2.04pp
- 201728.9%+10.10pp
- 201618.8%-9.36pp
- 201528.1%-2.18pp
- 201430.3%+3.30pp
- 201327.0%+2.47pp
- 201224.5%-5.74pp
- 201130.3%+15.00pp
- 201015.3%+55.99pp
- 2009-40.7%-26.68pp
- 2008-14.0%-30.69pp
- 200716.7%-5.62pp
- 200622.3%-1.85pp
- 200524.1%-0.35pp
- 200424.5%+2.80pp
- 200321.7%+0.29pp
- 200221.4%+17.86pp
- 20013.5%-14.39pp
- 200017.9%-3.12pp
- 199921.0%+0.19pp
- 199820.8%+0.35pp
- 199720.5%+1.55pp
- 199618.9%-0.18pp
- 199519.1%-4.78pp
- 199423.9%+1.43pp
- 199322.5%+4.22pp
- 199218.2%+3.70pp
- 199114.5%+5.13pp
- 19909.4%-3.26pp
- 198912.7%—
Operating Margin values are taken from KeyCorp's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at KeyCorp (KEY)
According to KeyCorp's latest reported financial statements, the company's latest reported operating margin is 22.2%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, KeyCorp (KEY) reported operating margin of 20.59% – expanded 24.0 percentage points year-over-year.
2021 marks the peak operating margin at 44.37%, with the historical low of -40.70% recorded in 2009.
KeyCorp Operating Margin by Year
KeyCorp Operating Margin 2025: 20.6%
KeyCorp operating margin in 2025 was 20.59%, expanded 24.0 percentage points from 2024.
KeyCorp Operating Margin 2024: -3.4%
2024's operating margin for KeyCorp came in at -3.38%, contracted 14.7 percentage points from 2023.
KeyCorp Operating Margin 2023: 11.3%
KeyCorp posted operating margin of 11.34% in 2023, contracted 18.2 percentage points from 2022.
KeyCorp Operating Margin 2022: 29.5%
In 2022, KeyCorp reported operating margin of 29.49%, contracted 14.9 percentage points from 2021.
KeyCorp Operating Margin 2021: 44.4%
KeyCorp operating margin in 2021 was 44.37%.
See more financial history for KeyCorp (KEY).
Sector peers by Operating Margin
Financial Services peers of KeyCorp (KEY), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 16.1% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
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