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Side-by-side financial comparison of KeyCorp (KEY) and PulteGroup (PHM). Click either name above to swap in a different company.
PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.0B, roughly 1.7× KeyCorp). KeyCorp runs the higher net margin — 25.4% vs 10.2%, a 15.3% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs -12.4%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs -13.9%).
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.
PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
KEY vs PHM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $3.4B |
| Net Profit | $510.0M | $347.0M |
| Gross Margin | — | — |
| Operating Margin | 32.3% | — |
| Net Margin | 25.4% | 10.2% |
| Revenue YoY | 131.8% | -12.4% |
| Net Profit YoY | 309.0% | — |
| EPS (diluted) | $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.
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.0B | $4.6B | ||
| Q3 25 | $1.9B | $4.4B | ||
| Q2 25 | $1.8B | $4.4B | ||
| Q1 25 | $1.8B | $3.9B | ||
| Q4 24 | $865.0M | $4.9B | ||
| Q3 24 | $695.0M | $4.5B | ||
| Q2 24 | $1.5B | $4.6B |
| Q1 26 | — | $347.0M | ||
| Q4 25 | $510.0M | $501.6M | ||
| Q3 25 | $489.0M | $585.8M | ||
| Q2 25 | $425.0M | $608.5M | ||
| Q1 25 | $405.0M | $522.8M | ||
| Q4 24 | $-244.0M | $913.2M | ||
| Q3 24 | $-410.0M | $697.9M | ||
| Q2 24 | $274.0M | $809.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 32.3% | — | ||
| Q3 25 | 31.8% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | -92.6% | — | ||
| Q3 24 | -72.8% | — | ||
| Q2 24 | 22.0% | — |
| Q1 26 | — | 10.2% | ||
| Q4 25 | 25.4% | 10.9% | ||
| Q3 25 | 25.8% | 13.3% | ||
| Q2 25 | 23.1% | 13.8% | ||
| Q1 25 | 22.8% | 13.4% | ||
| Q4 24 | -54.7% | 18.6% | ||
| Q3 24 | -59.0% | 15.6% | ||
| Q2 24 | 18.0% | 17.6% |
| Q1 26 | — | — | ||
| Q4 25 | $0.43 | $2.56 | ||
| Q3 25 | $0.41 | $2.96 | ||
| Q2 25 | $0.35 | $3.03 | ||
| Q1 25 | $0.33 | $2.57 | ||
| Q4 24 | $-0.30 | $4.41 | ||
| Q3 24 | $-0.47 | $3.35 | ||
| Q2 24 | $0.25 | $3.83 |
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 | $1.8B |
| Total DebtLower is stronger | $9.9B | — |
| Stockholders' EquityBook value | $20.4B | $13.0B |
| Total Assets | $184.4B | $5.2B |
| Debt / EquityLower = less leverage | 0.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $10.2B | $2.0B | ||
| Q3 25 | $13.3B | $1.5B | ||
| Q2 25 | $11.6B | $1.2B | ||
| Q1 25 | $15.3B | $1.2B | ||
| Q4 24 | $17.5B | $1.6B | ||
| Q3 24 | $22.8B | $1.4B | ||
| Q2 24 | $15.5B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $9.9B | $43.9M | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | $31.1M | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — |
| Q1 26 | — | $13.0B | ||
| Q4 25 | $20.4B | $13.0B | ||
| Q3 25 | $20.1B | $12.8B | ||
| Q2 25 | $19.5B | $12.6B | ||
| Q1 25 | $19.0B | $12.3B | ||
| Q4 24 | $18.2B | $12.1B | ||
| Q3 24 | $16.9B | $11.6B | ||
| Q2 24 | $14.8B | $11.2B |
| Q1 26 | — | $5.2B | ||
| Q4 25 | $184.4B | $18.0B | ||
| Q3 25 | $187.4B | $17.9B | ||
| Q2 25 | $185.5B | $17.6B | ||
| Q1 25 | $188.7B | $17.3B | ||
| Q4 24 | $187.2B | $17.4B | ||
| Q3 24 | $189.8B | $17.0B | ||
| Q2 24 | $187.4B | $16.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.49× | 0.00× | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | 0.00× | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2B | $159.8M |
| Free Cash FlowOCF − Capex | $2.1B | — |
| FCF MarginFCF / Revenue | 104.8% | — |
| Capex IntensityCapex / Revenue | 5.3% | 0.7% |
| Cash ConversionOCF / Net Profit | 4.33× | 0.46× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $159.8M | ||
| Q4 25 | $2.2B | $771.1M | ||
| Q3 25 | $396.0M | $678.4M | ||
| Q2 25 | $1.2B | $287.5M | ||
| Q1 25 | $-140.0M | $134.2M | ||
| Q4 24 | $664.0M | $567.6M | ||
| Q3 24 | $-1.2B | $455.9M | ||
| Q2 24 | $-217.0M | $417.5M |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $739.8M | ||
| Q3 25 | $367.0M | $651.1M | ||
| Q2 25 | $1.2B | $253.0M | ||
| Q1 25 | $-150.0M | $104.6M | ||
| Q4 24 | $599.0M | $543.1M | ||
| Q3 24 | $-1.2B | $417.2M | ||
| Q2 24 | $-230.0M | $386.2M |
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 16.0% | ||
| Q3 25 | 19.4% | 14.8% | ||
| Q2 25 | 65.8% | 5.7% | ||
| Q1 25 | -8.5% | 2.7% | ||
| Q4 24 | 69.2% | 11.0% | ||
| Q3 24 | -175.8% | 9.3% | ||
| Q2 24 | -15.1% | 8.4% |
| Q1 26 | — | 0.7% | ||
| Q4 25 | 5.3% | 0.7% | ||
| Q3 25 | 1.5% | 0.6% | ||
| Q2 25 | 1.3% | 0.8% | ||
| Q1 25 | 0.6% | 0.8% | ||
| Q4 24 | 7.5% | 0.5% | ||
| Q3 24 | 2.4% | 0.9% | ||
| Q2 24 | 0.9% | 0.7% |
| Q1 26 | — | 0.46× | ||
| Q4 25 | 4.33× | 1.54× | ||
| Q3 25 | 0.81× | 1.16× | ||
| Q2 25 | 2.90× | 0.47× | ||
| Q1 25 | -0.35× | 0.26× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | -0.79× | 0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
