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Side-by-side financial comparison of Bausch & Lomb Corp (BLCO) and KeyCorp (KEY). Click either name above to swap in a different company.

KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.4B, roughly 1.4× Bausch & Lomb Corp). KeyCorp runs the higher net margin — 25.4% vs -4.1%, a 29.6% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 9.8%). KeyCorp produced more free cash flow last quarter ($2.1B vs $60.0M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 13.1%).

Bausch & Lomb is an American-Canadian eye health products company based in Vaughan, Ontario, Canada. It is one of the world's largest suppliers of contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. The company was founded in Rochester, New York, in 1853 by optician John Bausch and cabinet maker turned financial backer Henry Lomb. Until its sale in 2013, Bausch + Lomb was one of the oldest continually operating companies in the United States.

Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.

BLCO vs KEY — Head-to-Head

Bigger by revenue
KEY
KEY
1.4× larger
KEY
$2.0B
$1.4B
BLCO
Growing faster (revenue YoY)
KEY
KEY
+122.0% gap
KEY
131.8%
9.8%
BLCO
Higher net margin
KEY
KEY
29.6% more per $
KEY
25.4%
-4.1%
BLCO
More free cash flow
KEY
KEY
$2.0B more FCF
KEY
$2.1B
$60.0M
BLCO
Faster 2-yr revenue CAGR
KEY
KEY
Annualised
KEY
14.4%
13.1%
BLCO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLCO
BLCO
KEY
KEY
Revenue
$1.4B
$2.0B
Net Profit
$-58.0M
$510.0M
Gross Margin
Operating Margin
8.0%
32.3%
Net Margin
-4.1%
25.4%
Revenue YoY
9.8%
131.8%
Net Profit YoY
-1833.3%
309.0%
EPS (diluted)
$-0.16
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLCO
BLCO
KEY
KEY
Q4 25
$1.4B
$2.0B
Q3 25
$1.3B
$1.9B
Q2 25
$1.3B
$1.8B
Q1 25
$1.1B
$1.8B
Q4 24
$1.3B
$865.0M
Q3 24
$1.2B
$695.0M
Q2 24
$1.2B
$1.5B
Q1 24
$1.1B
$1.5B
Net Profit
BLCO
BLCO
KEY
KEY
Q4 25
$-58.0M
$510.0M
Q3 25
$-28.0M
$489.0M
Q2 25
$-62.0M
$425.0M
Q1 25
$-212.0M
$405.0M
Q4 24
$-3.0M
$-244.0M
Q3 24
$4.0M
$-410.0M
Q2 24
$-151.0M
$274.0M
Q1 24
$-167.0M
$219.0M
Operating Margin
BLCO
BLCO
KEY
KEY
Q4 25
8.0%
32.3%
Q3 25
7.4%
31.8%
Q2 25
-0.9%
29.3%
Q1 25
-7.3%
29.0%
Q4 24
6.8%
-92.6%
Q3 24
3.6%
-72.8%
Q2 24
2.1%
22.0%
Q1 24
0.5%
18.1%
Net Margin
BLCO
BLCO
KEY
KEY
Q4 25
-4.1%
25.4%
Q3 25
-2.2%
25.8%
Q2 25
-4.9%
23.1%
Q1 25
-18.6%
22.8%
Q4 24
-0.2%
-54.7%
Q3 24
0.3%
-59.0%
Q2 24
-12.4%
18.0%
Q1 24
-15.2%
14.3%
EPS (diluted)
BLCO
BLCO
KEY
KEY
Q4 25
$-0.16
$0.43
Q3 25
$-0.08
$0.41
Q2 25
$-0.18
$0.35
Q1 25
$-0.60
$0.33
Q4 24
$-0.00
$-0.30
Q3 24
$0.01
$-0.47
Q2 24
$-0.43
$0.25
Q1 24
$-0.48
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLCO
BLCO
KEY
KEY
Cash + ST InvestmentsLiquidity on hand
$383.0M
$10.2B
Total DebtLower is stronger
$5.0B
$9.9B
Stockholders' EquityBook value
$6.4B
$20.4B
Total Assets
$14.0B
$184.4B
Debt / EquityLower = less leverage
0.78×
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLCO
BLCO
KEY
KEY
Q4 25
$383.0M
$10.2B
Q3 25
$310.0M
$13.3B
Q2 25
$266.0M
$11.6B
Q1 25
$202.0M
$15.3B
Q4 24
$305.0M
$17.5B
Q3 24
$329.0M
$22.8B
Q2 24
$285.0M
$15.5B
Q1 24
$315.0M
$13.2B
Total Debt
BLCO
BLCO
KEY
KEY
Q4 25
$5.0B
$9.9B
Q3 25
$5.0B
$10.9B
Q2 25
$5.0B
$12.1B
Q1 25
$4.8B
$12.4B
Q4 24
$4.8B
$12.1B
Q3 24
$4.6B
$15.7B
Q2 24
$4.6B
$16.9B
Q1 24
$4.6B
$20.8B
Stockholders' Equity
BLCO
BLCO
KEY
KEY
Q4 25
$6.4B
$20.4B
Q3 25
$6.4B
$20.1B
Q2 25
$6.4B
$19.5B
Q1 25
$6.4B
$19.0B
Q4 24
$6.5B
$18.2B
Q3 24
$6.6B
$16.9B
Q2 24
$6.5B
$14.8B
Q1 24
$6.7B
$14.5B
Total Assets
BLCO
BLCO
KEY
KEY
Q4 25
$14.0B
$184.4B
Q3 25
$13.8B
$187.4B
Q2 25
$13.8B
$185.5B
Q1 25
$13.4B
$188.7B
Q4 24
$13.5B
$187.2B
Q3 24
$13.5B
$189.8B
Q2 24
$13.3B
$187.4B
Q1 24
$13.3B
$187.5B
Debt / Equity
BLCO
BLCO
KEY
KEY
Q4 25
0.78×
0.49×
Q3 25
0.77×
0.54×
Q2 25
0.77×
0.62×
Q1 25
0.76×
0.65×
Q4 24
0.74×
0.67×
Q3 24
0.70×
0.93×
Q2 24
0.71×
1.14×
Q1 24
0.69×
1.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLCO
BLCO
KEY
KEY
Operating Cash FlowLast quarter
$136.0M
$2.2B
Free Cash FlowOCF − Capex
$60.0M
$2.1B
FCF MarginFCF / Revenue
4.3%
104.8%
Capex IntensityCapex / Revenue
5.4%
5.3%
Cash ConversionOCF / Net Profit
4.33×
TTM Free Cash FlowTrailing 4 quarters
$-66.0M
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLCO
BLCO
KEY
KEY
Q4 25
$136.0M
$2.2B
Q3 25
$137.0M
$396.0M
Q2 25
$35.0M
$1.2B
Q1 25
$-25.0M
$-140.0M
Q4 24
$22.0M
$664.0M
Q3 24
$154.0M
$-1.2B
Q2 24
$15.0M
$-217.0M
Q1 24
$41.0M
$359.0M
Free Cash Flow
BLCO
BLCO
KEY
KEY
Q4 25
$60.0M
$2.1B
Q3 25
$63.0M
$367.0M
Q2 25
$-54.0M
$1.2B
Q1 25
$-135.0M
$-150.0M
Q4 24
$-70.0M
$599.0M
Q3 24
$94.0M
$-1.2B
Q2 24
$-57.0M
$-230.0M
Q1 24
$-26.0M
$347.0M
FCF Margin
BLCO
BLCO
KEY
KEY
Q4 25
4.3%
104.8%
Q3 25
4.9%
19.4%
Q2 25
-4.2%
65.8%
Q1 25
-11.9%
-8.5%
Q4 24
-5.5%
69.2%
Q3 24
7.9%
-175.8%
Q2 24
-4.7%
-15.1%
Q1 24
-2.4%
22.6%
Capex Intensity
BLCO
BLCO
KEY
KEY
Q4 25
5.4%
5.3%
Q3 25
5.8%
1.5%
Q2 25
7.0%
1.3%
Q1 25
9.7%
0.6%
Q4 24
7.2%
7.5%
Q3 24
5.0%
2.4%
Q2 24
5.9%
0.9%
Q1 24
6.1%
0.8%
Cash Conversion
BLCO
BLCO
KEY
KEY
Q4 25
4.33×
Q3 25
0.81×
Q2 25
2.90×
Q1 25
-0.35×
Q4 24
Q3 24
38.50×
Q2 24
-0.79×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLCO
BLCO

Overthe Counter Products$489.0M35%
Pharmaceuticals$378.0M27%
Other$263.0M19%
Surgical$249.0M18%
Brandedand Other Generic Products$14.0M1%
Other Revenues$3.0M0%
Pharmaceutical Products$2.0M0%

KEY
KEY

Segment breakdown not available.

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