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Side-by-side financial comparison of Expeditors International (EXPD) and KeyCorp (KEY). Click either name above to swap in a different company.
Expeditors International is the larger business by last-quarter revenue ($2.9B vs $2.0B, roughly 1.4× KeyCorp). 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 -3.3%). KeyCorp produced more free cash flow last quarter ($2.1B vs $270.3M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 13.8%).
Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.
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.
EXPD vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $2.0B |
| Net Profit | $200.7M | $510.0M |
| Gross Margin | — | — |
| Operating Margin | 8.8% | 32.3% |
| Net Margin | 7.0% | 25.4% |
| Revenue YoY | -3.3% | 131.8% |
| Net Profit YoY | -14.9% | 309.0% |
| EPS (diluted) | $1.50 | $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 | $2.9B | $2.0B | ||
| Q3 25 | $2.9B | $1.9B | ||
| Q2 25 | $2.7B | $1.8B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | $3.0B | $865.0M | ||
| Q3 24 | $3.0B | $695.0M | ||
| Q2 24 | $2.4B | $1.5B | ||
| Q1 24 | $2.2B | $1.5B |
| Q4 25 | $200.7M | $510.0M | ||
| Q3 25 | $222.3M | $489.0M | ||
| Q2 25 | $183.6M | $425.0M | ||
| Q1 25 | $203.8M | $405.0M | ||
| Q4 24 | $235.9M | $-244.0M | ||
| Q3 24 | $229.6M | $-410.0M | ||
| Q2 24 | $175.5M | $274.0M | ||
| Q1 24 | $169.2M | $219.0M |
| Q4 25 | 8.8% | 32.3% | ||
| Q3 25 | 10.0% | 31.8% | ||
| Q2 25 | 9.3% | 29.3% | ||
| Q1 25 | 10.0% | 29.0% | ||
| Q4 24 | 10.2% | -92.6% | ||
| Q3 24 | 10.1% | -72.8% | ||
| Q2 24 | 9.2% | 22.0% | ||
| Q1 24 | 9.7% | 18.1% |
| Q4 25 | 7.0% | 25.4% | ||
| Q3 25 | 7.7% | 25.8% | ||
| Q2 25 | 6.9% | 23.1% | ||
| Q1 25 | 7.6% | 22.8% | ||
| Q4 24 | 8.0% | -54.7% | ||
| Q3 24 | 7.7% | -59.0% | ||
| Q2 24 | 7.2% | 18.0% | ||
| Q1 24 | 7.7% | 14.3% |
| Q4 25 | $1.50 | $0.43 | ||
| Q3 25 | $1.64 | $0.41 | ||
| Q2 25 | $1.34 | $0.35 | ||
| Q1 25 | $1.47 | $0.33 | ||
| Q4 24 | $1.68 | $-0.30 | ||
| Q3 24 | $1.63 | $-0.47 | ||
| Q2 24 | $1.24 | $0.25 | ||
| Q1 24 | $1.17 | $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 | $1.3B | $10.2B |
| Total DebtLower is stronger | — | $9.9B |
| Stockholders' EquityBook value | $2.4B | $20.4B |
| Total Assets | $4.9B | $184.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $10.2B | ||
| Q3 25 | $1.2B | $13.3B | ||
| Q2 25 | $1.2B | $11.6B | ||
| Q1 25 | $1.3B | $15.3B | ||
| Q4 24 | $1.1B | $17.5B | ||
| Q3 24 | $1.3B | $22.8B | ||
| Q2 24 | $1.3B | $15.5B | ||
| Q1 24 | $1.4B | $13.2B |
| 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 |
| Q4 25 | $2.4B | $20.4B | ||
| Q3 25 | $2.3B | $20.1B | ||
| Q2 25 | $2.2B | $19.5B | ||
| Q1 25 | $2.3B | $19.0B | ||
| Q4 24 | $2.2B | $18.2B | ||
| Q3 24 | $2.4B | $16.9B | ||
| Q2 24 | $2.2B | $14.8B | ||
| Q1 24 | $2.2B | $14.5B |
| Q4 25 | $4.9B | $184.4B | ||
| Q3 25 | $4.8B | $187.4B | ||
| Q2 25 | $4.8B | $185.5B | ||
| Q1 25 | $4.8B | $188.7B | ||
| Q4 24 | $4.8B | $187.2B | ||
| Q3 24 | $5.2B | $189.8B | ||
| Q2 24 | $4.8B | $187.4B | ||
| Q1 24 | $4.5B | $187.5B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $283.3M | $2.2B |
| Free Cash FlowOCF − Capex | $270.3M | $2.1B |
| FCF MarginFCF / Revenue | 9.5% | 104.8% |
| Capex IntensityCapex / Revenue | 0.5% | 5.3% |
| Cash ConversionOCF / Net Profit | 1.41× | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $283.3M | $2.2B | ||
| Q3 25 | $201.4M | $396.0M | ||
| Q2 25 | $179.2M | $1.2B | ||
| Q1 25 | $342.6M | $-140.0M | ||
| Q4 24 | $249.7M | $664.0M | ||
| Q3 24 | $90.0M | $-1.2B | ||
| Q2 24 | $126.8M | $-217.0M | ||
| Q1 24 | $256.9M | $359.0M |
| Q4 25 | $270.3M | $2.1B | ||
| Q3 25 | $190.3M | $367.0M | ||
| Q2 25 | $163.3M | $1.2B | ||
| Q1 25 | $329.5M | $-150.0M | ||
| Q4 24 | $239.7M | $599.0M | ||
| Q3 24 | $77.7M | $-1.2B | ||
| Q2 24 | $118.8M | $-230.0M | ||
| Q1 24 | $246.7M | $347.0M |
| Q4 25 | 9.5% | 104.8% | ||
| Q3 25 | 6.6% | 19.4% | ||
| Q2 25 | 6.2% | 65.8% | ||
| Q1 25 | 12.4% | -8.5% | ||
| Q4 24 | 8.1% | 69.2% | ||
| Q3 24 | 2.6% | -175.8% | ||
| Q2 24 | 4.9% | -15.1% | ||
| Q1 24 | 11.2% | 22.6% |
| Q4 25 | 0.5% | 5.3% | ||
| Q3 25 | 0.4% | 1.5% | ||
| Q2 25 | 0.6% | 1.3% | ||
| Q1 25 | 0.5% | 0.6% | ||
| Q4 24 | 0.3% | 7.5% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 0.3% | 0.9% | ||
| Q1 24 | 0.5% | 0.8% |
| Q4 25 | 1.41× | 4.33× | ||
| Q3 25 | 0.91× | 0.81× | ||
| Q2 25 | 0.98× | 2.90× | ||
| Q1 25 | 1.68× | -0.35× | ||
| Q4 24 | 1.06× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.72× | -0.79× | ||
| Q1 24 | 1.52× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
KEY
Segment breakdown not available.
