KeyCorp (KEY) Stock Analysis 2026

This chart shows how KEY's revenue flows through to profit. As a financial-sector company, KEY doesn't report a traditional cost-of-revenue/gross-margin split, so the cascade starts from operating expenses and works down to net income — the actual profit shareholders own. A high net margin indicates efficient expense control and capital allocation.

KeyCorp trades at a trailing P/E of 12.79x, hasn't disclosed meaningful free cash flow, hasn't disclosed a debt/equity ratio, and converts shareholder equity into profit at a 10.3% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

22 analysts covering KeyCorp currently lean toward a Buy rating, with a mean 12-month price target of $26.02 (+17.8% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.