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Side-by-side financial comparison of Deckers Brands (DECK) 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× Deckers Brands). KeyCorp runs the higher net margin — 25.4% vs 24.6%, a 0.9% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 7.1%). KeyCorp produced more free cash flow last quarter ($2.1B vs $1.0B). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs 14.4%).

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

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.

DECK vs KEY — Head-to-Head

Bigger by revenue
KEY
KEY
1.0× larger
KEY
$2.0B
$2.0B
DECK
Growing faster (revenue YoY)
KEY
KEY
+124.7% gap
KEY
131.8%
7.1%
DECK
Higher net margin
KEY
KEY
0.9% more per $
KEY
25.4%
24.6%
DECK
More free cash flow
KEY
KEY
$1.1B more FCF
KEY
$2.1B
$1.0B
DECK
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
14.4%
KEY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DECK
DECK
KEY
KEY
Revenue
$2.0B
$2.0B
Net Profit
$481.1M
$510.0M
Gross Margin
59.8%
Operating Margin
31.4%
32.3%
Net Margin
24.6%
25.4%
Revenue YoY
7.1%
131.8%
Net Profit YoY
5.3%
309.0%
EPS (diluted)
$3.33
$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
DECK
DECK
KEY
KEY
Q4 25
$2.0B
$2.0B
Q3 25
$1.4B
$1.9B
Q2 25
$964.5M
$1.8B
Q1 25
$1.0B
$1.8B
Q4 24
$1.8B
$865.0M
Q3 24
$1.3B
$695.0M
Q2 24
$825.3M
$1.5B
Q1 24
$959.8M
$1.5B
Net Profit
DECK
DECK
KEY
KEY
Q4 25
$481.1M
$510.0M
Q3 25
$268.2M
$489.0M
Q2 25
$139.2M
$425.0M
Q1 25
$151.4M
$405.0M
Q4 24
$456.7M
$-244.0M
Q3 24
$242.3M
$-410.0M
Q2 24
$115.6M
$274.0M
Q1 24
$127.5M
$219.0M
Gross Margin
DECK
DECK
KEY
KEY
Q4 25
59.8%
Q3 25
56.2%
Q2 25
55.8%
Q1 25
56.7%
Q4 24
60.3%
Q3 24
55.9%
Q2 24
56.9%
Q1 24
56.2%
Operating Margin
DECK
DECK
KEY
KEY
Q4 25
31.4%
32.3%
Q3 25
22.8%
31.8%
Q2 25
17.1%
29.3%
Q1 25
17.0%
29.0%
Q4 24
31.0%
-92.6%
Q3 24
23.3%
-72.8%
Q2 24
16.1%
22.0%
Q1 24
15.0%
18.1%
Net Margin
DECK
DECK
KEY
KEY
Q4 25
24.6%
25.4%
Q3 25
18.7%
25.8%
Q2 25
14.4%
23.1%
Q1 25
14.8%
22.8%
Q4 24
25.0%
-54.7%
Q3 24
18.5%
-59.0%
Q2 24
14.0%
18.0%
Q1 24
13.3%
14.3%
EPS (diluted)
DECK
DECK
KEY
KEY
Q4 25
$3.33
$0.43
Q3 25
$1.82
$0.41
Q2 25
$0.93
$0.35
Q1 25
$-2.78
$0.33
Q4 24
$3.00
$-0.30
Q3 24
$1.59
$-0.47
Q2 24
$4.52
$0.25
Q1 24
$4.82
$0.20

Balance Sheet & Financial Strength

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

Metric
DECK
DECK
KEY
KEY
Cash + ST InvestmentsLiquidity on hand
$2.1B
$10.2B
Total DebtLower is stronger
$9.9B
Stockholders' EquityBook value
$2.6B
$20.4B
Total Assets
$4.1B
$184.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DECK
DECK
KEY
KEY
Q4 25
$2.1B
$10.2B
Q3 25
$1.4B
$13.3B
Q2 25
$1.7B
$11.6B
Q1 25
$1.9B
$15.3B
Q4 24
$2.2B
$17.5B
Q3 24
$1.2B
$22.8B
Q2 24
$1.4B
$15.5B
Q1 24
$1.5B
$13.2B
Total Debt
DECK
DECK
KEY
KEY
Q4 25
$9.9B
Q3 25
$10.9B
Q2 25
$12.1B
Q1 25
$12.4B
Q4 24
$12.1B
Q3 24
$15.7B
Q2 24
$16.9B
Q1 24
$20.8B
Stockholders' Equity
DECK
DECK
KEY
KEY
Q4 25
$2.6B
$20.4B
Q3 25
$2.5B
$20.1B
Q2 25
$2.5B
$19.5B
Q1 25
$2.5B
$19.0B
Q4 24
$2.6B
$18.2B
Q3 24
$2.2B
$16.9B
Q2 24
$2.1B
$14.8B
Q1 24
$2.1B
$14.5B
Total Assets
DECK
DECK
KEY
KEY
Q4 25
$4.1B
$184.4B
Q3 25
$3.8B
$187.4B
Q2 25
$3.8B
$185.5B
Q1 25
$3.6B
$188.7B
Q4 24
$4.0B
$187.2B
Q3 24
$3.4B
$189.8B
Q2 24
$3.3B
$187.4B
Q1 24
$3.1B
$187.5B
Debt / Equity
DECK
DECK
KEY
KEY
Q4 25
0.49×
Q3 25
0.54×
Q2 25
0.62×
Q1 25
0.65×
Q4 24
0.67×
Q3 24
0.93×
Q2 24
1.14×
Q1 24
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
DECK
DECK
KEY
KEY
Operating Cash FlowLast quarter
$1.0B
$2.2B
Free Cash FlowOCF − Capex
$1.0B
$2.1B
FCF MarginFCF / Revenue
52.1%
104.8%
Capex IntensityCapex / Revenue
1.1%
5.3%
Cash ConversionOCF / Net Profit
2.17×
4.33×
TTM Free Cash FlowTrailing 4 quarters
$929.1M
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DECK
DECK
KEY
KEY
Q4 25
$1.0B
$2.2B
Q3 25
$8.1M
$396.0M
Q2 25
$36.1M
$1.2B
Q1 25
$-73.0M
$-140.0M
Q4 24
$1.1B
$664.0M
Q3 24
$-90.5M
$-1.2B
Q2 24
$112.7M
$-217.0M
Q1 24
$-28.7M
$359.0M
Free Cash Flow
DECK
DECK
KEY
KEY
Q4 25
$1.0B
$2.1B
Q3 25
$-13.9M
$367.0M
Q2 25
$12.2M
$1.2B
Q1 25
$-89.4M
$-150.0M
Q4 24
$1.1B
$599.0M
Q3 24
$-113.4M
$-1.2B
Q2 24
$90.1M
$-230.0M
Q1 24
$-44.0M
$347.0M
FCF Margin
DECK
DECK
KEY
KEY
Q4 25
52.1%
104.8%
Q3 25
-1.0%
19.4%
Q2 25
1.3%
65.8%
Q1 25
-8.8%
-8.5%
Q4 24
58.6%
69.2%
Q3 24
-8.6%
-175.8%
Q2 24
10.9%
-15.1%
Q1 24
-4.6%
22.6%
Capex Intensity
DECK
DECK
KEY
KEY
Q4 25
1.1%
5.3%
Q3 25
1.5%
1.5%
Q2 25
2.5%
1.3%
Q1 25
1.6%
0.6%
Q4 24
1.3%
7.5%
Q3 24
1.7%
2.4%
Q2 24
2.7%
0.9%
Q1 24
1.6%
0.8%
Cash Conversion
DECK
DECK
KEY
KEY
Q4 25
2.17×
4.33×
Q3 25
0.03×
0.81×
Q2 25
0.26×
2.90×
Q1 25
-0.48×
-0.35×
Q4 24
2.40×
Q3 24
-0.37×
Q2 24
0.97×
-0.79×
Q1 24
-0.22×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DECK
DECK

UGG Brand Segment$1.3B67%
Hoka Brand Segment$628.9M32%
Other Brands Segment$23.2M1%

KEY
KEY

Segment breakdown not available.

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