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Side-by-side financial comparison of TopBuild Corp (BLD) 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 $1.5B, roughly 1.3× TopBuild Corp). KeyCorp runs the higher net margin — 25.4% vs 7.0%, a 18.4% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 13.2%). KeyCorp produced more free cash flow last quarter ($2.1B vs $159.4M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 7.8%).
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
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.
BLD vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $2.0B |
| Net Profit | $104.5M | $510.0M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | 32.3% |
| Net Margin | 7.0% | 25.4% |
| Revenue YoY | 13.2% | 131.8% |
| Net Profit YoY | -30.6% | 309.0% |
| EPS (diluted) | $3.69 | $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.
| Q4 25 | $1.5B | $2.0B | ||
| Q3 25 | $1.4B | $1.9B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.3B | $865.0M | ||
| Q3 24 | $1.4B | $695.0M | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
| Q4 25 | $104.5M | $510.0M | ||
| Q3 25 | $142.2M | $489.0M | ||
| Q2 25 | $151.6M | $425.0M | ||
| Q1 25 | $123.4M | $405.0M | ||
| Q4 24 | $150.5M | $-244.0M | ||
| Q3 24 | $169.0M | $-410.0M | ||
| Q2 24 | $150.7M | $274.0M | ||
| Q1 24 | $152.4M | $219.0M |
| Q4 25 | 27.2% | — | ||
| Q3 25 | 30.1% | — | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 28.5% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 30.7% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 30.3% | — |
| Q4 25 | 12.1% | 32.3% | ||
| Q3 25 | 15.4% | 31.8% | ||
| Q2 25 | 16.9% | 29.3% | ||
| Q1 25 | 14.4% | 29.0% | ||
| Q4 24 | 16.6% | -92.6% | ||
| Q3 24 | 17.8% | -72.8% | ||
| Q2 24 | 15.4% | 22.0% | ||
| Q1 24 | 16.8% | 18.1% |
| Q4 25 | 7.0% | 25.4% | ||
| Q3 25 | 10.2% | 25.8% | ||
| Q2 25 | 11.7% | 23.1% | ||
| Q1 25 | 10.0% | 22.8% | ||
| Q4 24 | 11.5% | -54.7% | ||
| Q3 24 | 12.3% | -59.0% | ||
| Q2 24 | 11.0% | 18.0% | ||
| Q1 24 | 11.9% | 14.3% |
| Q4 25 | $3.69 | $0.43 | ||
| Q3 25 | $5.04 | $0.41 | ||
| Q2 25 | $5.32 | $0.35 | ||
| Q1 25 | $4.23 | $0.33 | ||
| Q4 24 | $5.07 | $-0.30 | ||
| Q3 24 | $5.65 | $-0.47 | ||
| Q2 24 | $4.78 | $0.25 | ||
| Q1 24 | $4.79 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.7M | $10.2B |
| Total DebtLower is stronger | $2.8B | $9.9B |
| Stockholders' EquityBook value | $2.3B | $20.4B |
| Total Assets | $6.6B | $184.4B |
| Debt / EquityLower = less leverage | 1.23× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $10.2B | ||
| Q3 25 | $1.1B | $13.3B | ||
| Q2 25 | $842.5M | $11.6B | ||
| Q1 25 | $308.8M | $15.3B | ||
| Q4 24 | $400.3M | $17.5B | ||
| Q3 24 | $257.3M | $22.8B | ||
| Q2 24 | $463.2M | $15.5B | ||
| Q1 24 | $968.8M | $13.2B |
| Q4 25 | $2.8B | $9.9B | ||
| Q3 25 | $2.9B | $10.9B | ||
| Q2 25 | $1.9B | $12.1B | ||
| Q1 25 | $1.4B | $12.4B | ||
| Q4 24 | $1.4B | $12.1B | ||
| Q3 24 | $1.4B | $15.7B | ||
| Q2 24 | $1.4B | $16.9B | ||
| Q1 24 | $1.4B | $20.8B |
| Q4 25 | $2.3B | $20.4B | ||
| Q3 25 | $2.2B | $20.1B | ||
| Q2 25 | $2.1B | $19.5B | ||
| Q1 25 | $2.1B | $19.0B | ||
| Q4 24 | $2.2B | $18.2B | ||
| Q3 24 | $2.1B | $16.9B | ||
| Q2 24 | $2.4B | $14.8B | ||
| Q1 24 | $2.7B | $14.5B |
| Q4 25 | $6.6B | $184.4B | ||
| Q3 25 | $6.4B | $187.4B | ||
| Q2 25 | $5.1B | $185.5B | ||
| Q1 25 | $4.6B | $188.7B | ||
| Q4 24 | $4.7B | $187.2B | ||
| Q3 24 | $4.7B | $189.8B | ||
| Q2 24 | $4.9B | $187.4B | ||
| Q1 24 | $5.3B | $187.5B |
| Q4 25 | 1.23× | 0.49× | ||
| Q3 25 | 1.29× | 0.54× | ||
| Q2 25 | 0.88× | 0.62× | ||
| Q1 25 | 0.65× | 0.65× | ||
| Q4 24 | 0.62× | 0.67× | ||
| Q3 24 | 0.66× | 0.93× | ||
| Q2 24 | 0.59× | 1.14× | ||
| Q1 24 | 0.52× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $176.7M | $2.2B |
| Free Cash FlowOCF − Capex | $159.4M | $2.1B |
| FCF MarginFCF / Revenue | 10.7% | 104.8% |
| Capex IntensityCapex / Revenue | 1.2% | 5.3% |
| Cash ConversionOCF / Net Profit | 1.69× | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $2.2B | ||
| Q3 25 | $233.3M | $396.0M | ||
| Q2 25 | $193.7M | $1.2B | ||
| Q1 25 | $152.6M | $-140.0M | ||
| Q4 24 | $266.2M | $664.0M | ||
| Q3 24 | $240.7M | $-1.2B | ||
| Q2 24 | $90.4M | $-217.0M | ||
| Q1 24 | $178.8M | $359.0M |
| Q4 25 | $159.4M | $2.1B | ||
| Q3 25 | $216.2M | $367.0M | ||
| Q2 25 | $182.2M | $1.2B | ||
| Q1 25 | $139.2M | $-150.0M | ||
| Q4 24 | $253.7M | $599.0M | ||
| Q3 24 | $219.8M | $-1.2B | ||
| Q2 24 | $74.3M | $-230.0M | ||
| Q1 24 | $158.9M | $347.0M |
| Q4 25 | 10.7% | 104.8% | ||
| Q3 25 | 15.5% | 19.4% | ||
| Q2 25 | 14.0% | 65.8% | ||
| Q1 25 | 11.3% | -8.5% | ||
| Q4 24 | 19.3% | 69.2% | ||
| Q3 24 | 16.0% | -175.8% | ||
| Q2 24 | 5.4% | -15.1% | ||
| Q1 24 | 12.4% | 22.6% |
| Q4 25 | 1.2% | 5.3% | ||
| Q3 25 | 1.2% | 1.5% | ||
| Q2 25 | 0.9% | 1.3% | ||
| Q1 25 | 1.1% | 0.6% | ||
| Q4 24 | 1.0% | 7.5% | ||
| Q3 24 | 1.5% | 2.4% | ||
| Q2 24 | 1.2% | 0.9% | ||
| Q1 24 | 1.6% | 0.8% |
| Q4 25 | 1.69× | 4.33× | ||
| Q3 25 | 1.64× | 0.81× | ||
| Q2 25 | 1.28× | 2.90× | ||
| Q1 25 | 1.24× | -0.35× | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | 0.60× | -0.79× | ||
| Q1 24 | 1.17× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
KEY
Segment breakdown not available.
