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Side-by-side financial comparison of KeyCorp (KEY) and LEVI STRAUSS & CO (LEVI). Click either name above to swap in a different company.

KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.8B, roughly 1.1× LEVI STRAUSS & CO). KeyCorp runs the higher net margin — 25.4% vs 8.9%, a 16.5% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs -4.0%). KeyCorp produced more free cash flow last quarter ($2.1B vs $215.7M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 6.5%).

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.

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

KEY vs LEVI — Head-to-Head

Bigger by revenue
KEY
KEY
1.1× larger
KEY
$2.0B
$1.8B
LEVI
Growing faster (revenue YoY)
KEY
KEY
+135.8% gap
KEY
131.8%
-4.0%
LEVI
Higher net margin
KEY
KEY
16.5% more per $
KEY
25.4%
8.9%
LEVI
More free cash flow
KEY
KEY
$1.9B more FCF
KEY
$2.1B
$215.7M
LEVI
Faster 2-yr revenue CAGR
KEY
KEY
Annualised
KEY
14.4%
6.5%
LEVI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KEY
KEY
LEVI
LEVI
Revenue
$2.0B
$1.8B
Net Profit
$510.0M
$158.0M
Gross Margin
60.8%
Operating Margin
32.3%
11.9%
Net Margin
25.4%
8.9%
Revenue YoY
131.8%
-4.0%
Net Profit YoY
309.0%
-13.4%
EPS (diluted)
$0.43
$0.39

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
KEY
KEY
LEVI
LEVI
Q4 25
$2.0B
$1.8B
Q3 25
$1.9B
$1.5B
Q2 25
$1.8B
$1.4B
Q1 25
$1.8B
$1.5B
Q4 24
$865.0M
$1.8B
Q3 24
$695.0M
$1.5B
Q2 24
$1.5B
$1.4B
Q1 24
$1.5B
$1.6B
Net Profit
KEY
KEY
LEVI
LEVI
Q4 25
$510.0M
$158.0M
Q3 25
$489.0M
$218.1M
Q2 25
$425.0M
$67.0M
Q1 25
$405.0M
$135.0M
Q4 24
$-244.0M
$182.5M
Q3 24
$-410.0M
$20.7M
Q2 24
$274.0M
$18.0M
Q1 24
$219.0M
$-10.6M
Gross Margin
KEY
KEY
LEVI
LEVI
Q4 25
60.8%
Q3 25
61.7%
Q2 25
62.6%
Q1 25
62.1%
Q4 24
61.3%
Q3 24
60.0%
Q2 24
60.5%
Q1 24
58.2%
Operating Margin
KEY
KEY
LEVI
LEVI
Q4 25
32.3%
11.9%
Q3 25
31.8%
10.8%
Q2 25
29.3%
7.5%
Q1 25
29.0%
12.5%
Q4 24
-92.6%
11.5%
Q3 24
-72.8%
2.0%
Q2 24
22.0%
1.5%
Q1 24
18.1%
-0.0%
Net Margin
KEY
KEY
LEVI
LEVI
Q4 25
25.4%
8.9%
Q3 25
25.8%
14.1%
Q2 25
23.1%
4.6%
Q1 25
22.8%
8.8%
Q4 24
-54.7%
9.9%
Q3 24
-59.0%
1.4%
Q2 24
18.0%
1.2%
Q1 24
14.3%
-0.7%
EPS (diluted)
KEY
KEY
LEVI
LEVI
Q4 25
$0.43
$0.39
Q3 25
$0.41
$0.55
Q2 25
$0.35
$0.17
Q1 25
$0.33
$0.34
Q4 24
$-0.30
$0.46
Q3 24
$-0.47
$0.05
Q2 24
$0.25
$0.04
Q1 24
$0.20
$-0.03

Balance Sheet & Financial Strength

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

Metric
KEY
KEY
LEVI
LEVI
Cash + ST InvestmentsLiquidity on hand
$10.2B
$848.8M
Total DebtLower is stronger
$9.9B
$1.1B
Stockholders' EquityBook value
$20.4B
$2.3B
Total Assets
$184.4B
$6.8B
Debt / EquityLower = less leverage
0.49×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEY
KEY
LEVI
LEVI
Q4 25
$10.2B
$848.8M
Q3 25
$13.3B
$707.5M
Q2 25
$11.6B
$736.7M
Q1 25
$15.3B
$574.4M
Q4 24
$17.5B
$690.0M
Q3 24
$22.8B
$577.1M
Q2 24
$15.5B
$641.4M
Q1 24
$13.2B
$516.7M
Total Debt
KEY
KEY
LEVI
LEVI
Q4 25
$9.9B
$1.1B
Q3 25
$10.9B
$1.0B
Q2 25
$12.1B
$1.0B
Q1 25
$12.4B
$987.4M
Q4 24
$12.1B
$994.0M
Q3 24
$15.7B
$1.0B
Q2 24
$16.9B
$1.0B
Q1 24
$20.8B
$1.0B
Stockholders' Equity
KEY
KEY
LEVI
LEVI
Q4 25
$20.4B
$2.3B
Q3 25
$20.1B
$2.2B
Q2 25
$19.5B
$2.1B
Q1 25
$19.0B
$2.0B
Q4 24
$18.2B
$2.0B
Q3 24
$16.9B
$1.9B
Q2 24
$14.8B
$2.0B
Q1 24
$14.5B
$2.0B
Total Assets
KEY
KEY
LEVI
LEVI
Q4 25
$184.4B
$6.8B
Q3 25
$187.4B
$6.7B
Q2 25
$185.5B
$6.5B
Q1 25
$188.7B
$6.2B
Q4 24
$187.2B
$6.4B
Q3 24
$189.8B
$6.3B
Q2 24
$187.4B
$6.2B
Q1 24
$187.5B
$6.0B
Debt / Equity
KEY
KEY
LEVI
LEVI
Q4 25
0.49×
0.46×
Q3 25
0.54×
0.48×
Q2 25
0.62×
0.49×
Q1 25
0.65×
0.49×
Q4 24
0.67×
0.50×
Q3 24
0.93×
0.54×
Q2 24
1.14×
0.51×
Q1 24
1.43×
0.51×

Cash Flow & Capital Efficiency

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

Metric
KEY
KEY
LEVI
LEVI
Operating Cash FlowLast quarter
$2.2B
$266.8M
Free Cash FlowOCF − Capex
$2.1B
$215.7M
FCF MarginFCF / Revenue
104.8%
12.2%
Capex IntensityCapex / Revenue
5.3%
2.9%
Cash ConversionOCF / Net Profit
4.33×
1.69×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEY
KEY
LEVI
LEVI
Q4 25
$2.2B
$266.8M
Q3 25
$396.0M
$24.8M
Q2 25
$1.2B
$185.5M
Q1 25
$-140.0M
$52.5M
Q4 24
$664.0M
$297.3M
Q3 24
$-1.2B
$52.3M
Q2 24
$-217.0M
$262.8M
Q1 24
$359.0M
$286.0M
Free Cash Flow
KEY
KEY
LEVI
LEVI
Q4 25
$2.1B
$215.7M
Q3 25
$367.0M
$-39.4M
Q2 25
$1.2B
$146.0M
Q1 25
$-150.0M
$-14.1M
Q4 24
$599.0M
$231.6M
Q3 24
$-1.2B
$2.3M
Q2 24
$-230.0M
$222.6M
Q1 24
$347.0M
$214.4M
FCF Margin
KEY
KEY
LEVI
LEVI
Q4 25
104.8%
12.2%
Q3 25
19.4%
-2.6%
Q2 25
65.8%
10.1%
Q1 25
-8.5%
-0.9%
Q4 24
69.2%
12.6%
Q3 24
-175.8%
0.2%
Q2 24
-15.1%
15.4%
Q1 24
22.6%
13.8%
Capex Intensity
KEY
KEY
LEVI
LEVI
Q4 25
5.3%
2.9%
Q3 25
1.5%
4.2%
Q2 25
1.3%
2.7%
Q1 25
0.6%
4.4%
Q4 24
7.5%
3.6%
Q3 24
2.4%
3.3%
Q2 24
0.9%
2.8%
Q1 24
0.8%
4.6%
Cash Conversion
KEY
KEY
LEVI
LEVI
Q4 25
4.33×
1.69×
Q3 25
0.81×
0.11×
Q2 25
2.90×
2.77×
Q1 25
-0.35×
0.39×
Q4 24
1.63×
Q3 24
2.53×
Q2 24
-0.79×
14.60×
Q1 24
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KEY
KEY

Segment breakdown not available.

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

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