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Side-by-side financial comparison of CVR ENERGY INC (CVI) 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 $2.0B, roughly 1.0× CVR ENERGY INC). KeyCorp runs the higher net margin — 25.4% vs -8.1%, a 33.5% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 20.3%). KeyCorp produced more free cash flow last quarter ($2.1B vs $21.0M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 0.3%).

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

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.

CVI vs KEY — Head-to-Head

Bigger by revenue
KEY
KEY
1.0× larger
KEY
$2.0B
$2.0B
CVI
Growing faster (revenue YoY)
KEY
KEY
+111.5% gap
KEY
131.8%
20.3%
CVI
Higher net margin
KEY
KEY
33.5% more per $
KEY
25.4%
-8.1%
CVI
More free cash flow
KEY
KEY
$2.1B more FCF
KEY
$2.1B
$21.0M
CVI
Faster 2-yr revenue CAGR
KEY
KEY
Annualised
KEY
14.4%
0.3%
CVI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVI
CVI
KEY
KEY
Revenue
$2.0B
$2.0B
Net Profit
$-160.0M
$510.0M
Gross Margin
-5.2%
Operating Margin
32.3%
Net Margin
-8.1%
25.4%
Revenue YoY
20.3%
131.8%
Net Profit YoY
-56.1%
309.0%
EPS (diluted)
$-1.91
$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
CVI
CVI
KEY
KEY
Q1 26
$2.0B
Q4 25
$1.8B
$2.0B
Q3 25
$1.9B
$1.9B
Q2 25
$1.8B
$1.8B
Q1 25
$1.6B
$1.8B
Q4 24
$1.9B
$865.0M
Q3 24
$1.8B
$695.0M
Q2 24
$2.0B
$1.5B
Net Profit
CVI
CVI
KEY
KEY
Q1 26
$-160.0M
Q4 25
$-110.0M
$510.0M
Q3 25
$374.0M
$489.0M
Q2 25
$-114.0M
$425.0M
Q1 25
$-123.0M
$405.0M
Q4 24
$28.0M
$-244.0M
Q3 24
$-124.0M
$-410.0M
Q2 24
$21.0M
$274.0M
Gross Margin
CVI
CVI
KEY
KEY
Q1 26
-5.2%
Q4 25
-3.1%
Q3 25
28.8%
Q2 25
-3.7%
Q1 25
-5.5%
Q4 24
3.0%
Q3 24
-3.9%
Q2 24
2.9%
Operating Margin
CVI
CVI
KEY
KEY
Q1 26
Q4 25
-5.3%
32.3%
Q3 25
26.3%
31.8%
Q2 25
-5.8%
29.3%
Q1 25
-8.0%
29.0%
Q4 24
1.1%
-92.6%
Q3 24
-6.2%
-72.8%
Q2 24
1.4%
22.0%
Net Margin
CVI
CVI
KEY
KEY
Q1 26
-8.1%
Q4 25
-6.1%
25.4%
Q3 25
19.2%
25.8%
Q2 25
-6.5%
23.1%
Q1 25
-7.5%
22.8%
Q4 24
1.4%
-54.7%
Q3 24
-6.8%
-59.0%
Q2 24
1.1%
18.0%
EPS (diluted)
CVI
CVI
KEY
KEY
Q1 26
$-1.91
Q4 25
$-1.09
$0.43
Q3 25
$3.72
$0.41
Q2 25
$-1.14
$0.35
Q1 25
$-1.22
$0.33
Q4 24
$0.28
$-0.30
Q3 24
$-1.24
$-0.47
Q2 24
$0.21
$0.25

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
KEY
KEY
Cash + ST InvestmentsLiquidity on hand
$512.0M
$10.2B
Total DebtLower is stronger
$9.9B
Stockholders' EquityBook value
$20.4B
Total Assets
$3.9B
$184.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
KEY
KEY
Q1 26
$512.0M
Q4 25
$511.0M
$10.2B
Q3 25
$670.0M
$13.3B
Q2 25
$596.0M
$11.6B
Q1 25
$695.0M
$15.3B
Q4 24
$987.0M
$17.5B
Q3 24
$534.0M
$22.8B
Q2 24
$586.0M
$15.5B
Total Debt
CVI
CVI
KEY
KEY
Q1 26
Q4 25
$1.8B
$9.9B
Q3 25
$1.8B
$10.9B
Q2 25
$1.8B
$12.1B
Q1 25
$1.9B
$12.4B
Q4 24
$1.9B
$12.1B
Q3 24
$1.6B
$15.7B
Q2 24
$1.6B
$16.9B
Stockholders' Equity
CVI
CVI
KEY
KEY
Q1 26
Q4 25
$730.0M
$20.4B
Q3 25
$840.0M
$20.1B
Q2 25
$466.0M
$19.5B
Q1 25
$580.0M
$19.0B
Q4 24
$703.0M
$18.2B
Q3 24
$675.0M
$16.9B
Q2 24
$849.0M
$14.8B
Total Assets
CVI
CVI
KEY
KEY
Q1 26
$3.9B
Q4 25
$3.7B
$184.4B
Q3 25
$4.0B
$187.4B
Q2 25
$4.0B
$185.5B
Q1 25
$4.3B
$188.7B
Q4 24
$4.3B
$187.2B
Q3 24
$3.9B
$189.8B
Q2 24
$4.0B
$187.4B
Debt / Equity
CVI
CVI
KEY
KEY
Q1 26
Q4 25
2.40×
0.49×
Q3 25
2.17×
0.54×
Q2 25
3.97×
0.62×
Q1 25
3.29×
0.65×
Q4 24
2.71×
0.67×
Q3 24
2.33×
0.93×
Q2 24
1.86×
1.14×

Cash Flow & Capital Efficiency

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

Metric
CVI
CVI
KEY
KEY
Operating Cash FlowLast quarter
$2.2B
Free Cash FlowOCF − Capex
$21.0M
$2.1B
FCF MarginFCF / Revenue
1.1%
104.8%
Capex IntensityCapex / Revenue
1.5%
5.3%
Cash ConversionOCF / Net Profit
4.33×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
KEY
KEY
Q1 26
Q4 25
$0
$2.2B
Q3 25
$163.0M
$396.0M
Q2 25
$176.0M
$1.2B
Q1 25
$-195.0M
$-140.0M
Q4 24
$98.0M
$664.0M
Q3 24
$48.0M
$-1.2B
Q2 24
$81.0M
$-217.0M
Free Cash Flow
CVI
CVI
KEY
KEY
Q1 26
$21.0M
Q4 25
$2.1B
Q3 25
$125.0M
$367.0M
Q2 25
$135.0M
$1.2B
Q1 25
$-246.0M
$-150.0M
Q4 24
$43.0M
$599.0M
Q3 24
$14.0M
$-1.2B
Q2 24
$38.0M
$-230.0M
FCF Margin
CVI
CVI
KEY
KEY
Q1 26
1.1%
Q4 25
104.8%
Q3 25
6.4%
19.4%
Q2 25
7.7%
65.8%
Q1 25
-14.9%
-8.5%
Q4 24
2.2%
69.2%
Q3 24
0.8%
-175.8%
Q2 24
1.9%
-15.1%
Capex Intensity
CVI
CVI
KEY
KEY
Q1 26
1.5%
Q4 25
3.0%
5.3%
Q3 25
2.0%
1.5%
Q2 25
2.3%
1.3%
Q1 25
3.1%
0.6%
Q4 24
2.8%
7.5%
Q3 24
1.9%
2.4%
Q2 24
2.2%
0.9%
Cash Conversion
CVI
CVI
KEY
KEY
Q1 26
Q4 25
4.33×
Q3 25
0.44×
0.81×
Q2 25
2.90×
Q1 25
-0.35×
Q4 24
3.50×
Q3 24
Q2 24
3.86×
-0.79×

Financial Flow Comparison

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

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