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Side-by-side financial comparison of KeyCorp (KEY) and LANDSTAR SYSTEM INC (LSTR). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× LANDSTAR SYSTEM INC). KeyCorp runs the higher net margin — 25.4% vs 3.4%, a 22.1% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 1.6%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs -2.2%).
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.
Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, ...
KEY vs LSTR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $510.0M | $39.4M |
| Gross Margin | — | 9.6% |
| Operating Margin | 32.3% | 4.5% |
| Net Margin | 25.4% | 3.4% |
| Revenue YoY | 131.8% | 1.6% |
| Net Profit YoY | 309.0% | 32.3% |
| EPS (diluted) | $0.43 | $1.16 |
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.
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $865.0M | $1.2B | ||
| Q3 24 | $695.0M | $1.2B | ||
| Q2 24 | $1.5B | $1.2B |
| Q1 26 | — | $39.4M | ||
| Q4 25 | $510.0M | $23.9M | ||
| Q3 25 | $489.0M | $19.4M | ||
| Q2 25 | $425.0M | $41.9M | ||
| Q1 25 | $405.0M | $29.8M | ||
| Q4 24 | $-244.0M | $46.2M | ||
| Q3 24 | $-410.0M | $50.0M | ||
| Q2 24 | $274.0M | $52.6M |
| Q1 26 | — | 9.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 32.3% | 2.5% | ||
| Q3 25 | 31.8% | 2.2% | ||
| Q2 25 | 29.3% | 4.6% | ||
| Q1 25 | 29.0% | 3.4% | ||
| Q4 24 | -92.6% | 4.8% | ||
| Q3 24 | -72.8% | 5.2% | ||
| Q2 24 | 22.0% | 5.6% |
| Q1 26 | — | 3.4% | ||
| Q4 25 | 25.4% | 2.0% | ||
| Q3 25 | 25.8% | 1.6% | ||
| Q2 25 | 23.1% | 3.5% | ||
| Q1 25 | 22.8% | 2.6% | ||
| Q4 24 | -54.7% | 3.8% | ||
| Q3 24 | -59.0% | 4.1% | ||
| Q2 24 | 18.0% | 4.3% |
| Q1 26 | — | $1.16 | ||
| Q4 25 | $0.43 | $0.70 | ||
| Q3 25 | $0.41 | $0.56 | ||
| Q2 25 | $0.35 | $1.20 | ||
| Q1 25 | $0.33 | $0.85 | ||
| Q4 24 | $-0.30 | $1.30 | ||
| Q3 24 | $-0.47 | $1.41 | ||
| Q2 24 | $0.25 | $1.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.2B | $411.0M |
| Total DebtLower is stronger | $9.9B | $26.1M |
| Stockholders' EquityBook value | $20.4B | $799.0M |
| Total Assets | $184.4B | $1.6B |
| Debt / EquityLower = less leverage | 0.49× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $411.0M | ||
| Q4 25 | $10.2B | $452.2M | ||
| Q3 25 | $13.3B | $434.4M | ||
| Q2 25 | $11.6B | $426.2M | ||
| Q1 25 | $15.3B | $473.4M | ||
| Q4 24 | $17.5B | $566.6M | ||
| Q3 24 | $22.8B | $531.3M | ||
| Q2 24 | $15.5B | $504.0M |
| Q1 26 | — | $26.1M | ||
| Q4 25 | $9.9B | $0 | ||
| Q3 25 | $10.9B | $0 | ||
| Q2 25 | $12.1B | $0 | ||
| Q1 25 | $12.4B | $0 | ||
| Q4 24 | $12.1B | $0 | ||
| Q3 24 | $15.7B | $0 | ||
| Q2 24 | $16.9B | $0 |
| Q1 26 | — | $799.0M | ||
| Q4 25 | $20.4B | $795.7M | ||
| Q3 25 | $20.1B | $888.7M | ||
| Q2 25 | $19.5B | $921.8M | ||
| Q1 25 | $19.0B | $930.8M | ||
| Q4 24 | $18.2B | $972.4M | ||
| Q3 24 | $16.9B | $1.0B | ||
| Q2 24 | $14.8B | $1.0B |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $184.4B | $1.6B | ||
| Q3 25 | $187.4B | $1.7B | ||
| Q2 25 | $185.5B | $1.7B | ||
| Q1 25 | $188.7B | $1.7B | ||
| Q4 24 | $187.2B | $1.8B | ||
| Q3 24 | $189.8B | $1.8B | ||
| Q2 24 | $187.4B | $1.8B |
| Q1 26 | — | 0.03× | ||
| Q4 25 | 0.49× | 0.00× | ||
| Q3 25 | 0.54× | 0.00× | ||
| Q2 25 | 0.62× | 0.00× | ||
| Q1 25 | 0.65× | 0.00× | ||
| Q4 24 | 0.67× | 0.00× | ||
| Q3 24 | 0.93× | 0.00× | ||
| Q2 24 | 1.14× | 0.00× |
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 | $2.2B | — |
| Free Cash FlowOCF − Capex | $2.1B | — |
| FCF MarginFCF / Revenue | 104.8% | — |
| Capex IntensityCapex / Revenue | 5.3% | — |
| Cash ConversionOCF / Net Profit | 4.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $72.7M | ||
| Q3 25 | $396.0M | $89.3M | ||
| Q2 25 | $1.2B | $7.1M | ||
| Q1 25 | $-140.0M | $55.7M | ||
| Q4 24 | $664.0M | $61.1M | ||
| Q3 24 | $-1.2B | $83.1M | ||
| Q2 24 | $-217.0M | $48.1M |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $70.5M | ||
| Q3 25 | $367.0M | $86.0M | ||
| Q2 25 | $1.2B | $4.7M | ||
| Q1 25 | $-150.0M | $53.8M | ||
| Q4 24 | $599.0M | $54.4M | ||
| Q3 24 | $-1.2B | $75.6M | ||
| Q2 24 | $-230.0M | $40.6M |
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 6.0% | ||
| Q3 25 | 19.4% | 7.1% | ||
| Q2 25 | 65.8% | 0.4% | ||
| Q1 25 | -8.5% | 4.7% | ||
| Q4 24 | 69.2% | 4.5% | ||
| Q3 24 | -175.8% | 6.2% | ||
| Q2 24 | -15.1% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.3% | 0.2% | ||
| Q3 25 | 1.5% | 0.3% | ||
| Q2 25 | 1.3% | 0.2% | ||
| Q1 25 | 0.6% | 0.2% | ||
| Q4 24 | 7.5% | 0.6% | ||
| Q3 24 | 2.4% | 0.6% | ||
| Q2 24 | 0.9% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.33× | 3.04× | ||
| Q3 25 | 0.81× | 4.61× | ||
| Q2 25 | 2.90× | 0.17× | ||
| Q1 25 | -0.35× | 1.87× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | — | 1.66× | ||
| Q2 24 | -0.79× | 0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.