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Side-by-side financial comparison of KeyCorp (KEY) and Public Storage (PSA). 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 1.6× Public Storage). Public Storage runs the higher net margin — 41.7% vs 25.4%, a 16.3% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 3.3%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs 2.5%).
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.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
KEY vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $510.0M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | 32.3% | 40.7% |
| Net Margin | 25.4% | 41.7% |
| Revenue YoY | 131.8% | 3.3% |
| Net Profit YoY | 309.0% | -17.5% |
| EPS (diluted) | $0.43 | $2.59 |
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 | $2.0B | $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 24 | $1.5B | $1.2B |
| Q4 25 | $510.0M | $507.1M | ||
| Q3 25 | $489.0M | $511.1M | ||
| Q2 25 | $425.0M | $358.4M | ||
| Q1 25 | $405.0M | $407.8M | ||
| Q4 24 | $-244.0M | $614.6M | ||
| Q3 24 | $-410.0M | $430.3M | ||
| Q2 24 | $274.0M | $518.1M | ||
| Q1 24 | $219.0M | $508.9M |
| Q4 25 | 32.3% | 40.7% | ||
| Q3 25 | 31.8% | 42.3% | ||
| Q2 25 | 29.3% | 30.4% | ||
| Q1 25 | 29.0% | 34.8% | ||
| Q4 24 | -92.6% | 52.4% | ||
| Q3 24 | -72.8% | 36.7% | ||
| Q2 24 | 22.0% | 44.6% | ||
| Q1 24 | 18.1% | 44.3% |
| Q4 25 | 25.4% | 41.7% | ||
| Q3 25 | 25.8% | 41.8% | ||
| Q2 25 | 23.1% | 29.8% | ||
| Q1 25 | 22.8% | 34.5% | ||
| Q4 24 | -54.7% | 52.2% | ||
| Q3 24 | -59.0% | 36.2% | ||
| Q2 24 | 18.0% | 44.2% | ||
| Q1 24 | 14.3% | 44.0% |
| Q4 25 | $0.43 | $2.59 | ||
| Q3 25 | $0.41 | $2.62 | ||
| Q2 25 | $0.35 | $1.76 | ||
| Q1 25 | $0.33 | $2.04 | ||
| Q4 24 | $-0.30 | $3.22 | ||
| Q3 24 | $-0.47 | $2.16 | ||
| Q2 24 | $0.25 | $2.66 | ||
| Q1 24 | $0.20 | $2.60 |
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 | $318.1M |
| Total DebtLower is stronger | $9.9B | $10.3B |
| Stockholders' EquityBook value | $20.4B | $9.2B |
| Total Assets | $184.4B | $20.2B |
| Debt / EquityLower = less leverage | 0.49× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2B | $318.1M | ||
| Q3 25 | $13.3B | $296.5M | ||
| Q2 25 | $11.6B | $1.1B | ||
| Q1 25 | $15.3B | $287.2M | ||
| Q4 24 | $17.5B | $447.4M | ||
| Q3 24 | $22.8B | $599.0M | ||
| Q2 24 | $15.5B | $542.3M | ||
| Q1 24 | $13.2B | $271.6M |
| Q4 25 | $9.9B | $10.3B | ||
| Q3 25 | $10.9B | $10.0B | ||
| Q2 25 | $12.1B | $10.4B | ||
| Q1 25 | $12.4B | $9.4B | ||
| Q4 24 | $12.1B | $9.4B | ||
| Q3 24 | $15.7B | $9.5B | ||
| Q2 24 | $16.9B | $9.4B | ||
| Q1 24 | $20.8B | $9.1B |
| Q4 25 | $20.4B | $9.2B | ||
| Q3 25 | $20.1B | $9.3B | ||
| Q2 25 | $19.5B | $9.4B | ||
| Q1 25 | $19.0B | $9.6B | ||
| Q4 24 | $18.2B | $9.7B | ||
| Q3 24 | $16.9B | $9.6B | ||
| Q2 24 | $14.8B | $9.7B | ||
| Q1 24 | $14.5B | $9.9B |
| Q4 25 | $184.4B | $20.2B | ||
| Q3 25 | $187.4B | $20.1B | ||
| Q2 25 | $185.5B | $20.5B | ||
| Q1 25 | $188.7B | $19.6B | ||
| Q4 24 | $187.2B | $19.8B | ||
| Q3 24 | $189.8B | $19.8B | ||
| Q2 24 | $187.4B | $19.8B | ||
| Q1 24 | $187.5B | $19.6B |
| Q4 25 | 0.49× | 1.11× | ||
| Q3 25 | 0.54× | 1.08× | ||
| Q2 25 | 0.62× | 1.11× | ||
| Q1 25 | 0.65× | 0.99× | ||
| Q4 24 | 0.67× | 0.96× | ||
| Q3 24 | 0.93× | 0.99× | ||
| Q2 24 | 1.14× | 0.97× | ||
| Q1 24 | 1.43× | 0.91× |
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 | $733.6M |
| Free Cash FlowOCF − Capex | $2.1B | — |
| FCF MarginFCF / Revenue | 104.8% | — |
| Capex IntensityCapex / Revenue | 5.3% | — |
| Cash ConversionOCF / Net Profit | 4.33× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2B | $733.6M | ||
| Q3 25 | $396.0M | $875.1M | ||
| Q2 25 | $1.2B | $872.7M | ||
| Q1 25 | $-140.0M | $705.1M | ||
| Q4 24 | $664.0M | $768.6M | ||
| Q3 24 | $-1.2B | $798.8M | ||
| Q2 24 | $-217.0M | $895.3M | ||
| Q1 24 | $359.0M | $665.6M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $367.0M | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $-150.0M | — | ||
| Q4 24 | $599.0M | — | ||
| Q3 24 | $-1.2B | — | ||
| Q2 24 | $-230.0M | — | ||
| Q1 24 | $347.0M | — |
| Q4 25 | 104.8% | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 65.8% | — | ||
| Q1 25 | -8.5% | — | ||
| Q4 24 | 69.2% | — | ||
| Q3 24 | -175.8% | — | ||
| Q2 24 | -15.1% | — | ||
| Q1 24 | 22.6% | — |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 7.5% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.8% | — |
| Q4 25 | 4.33× | 1.45× | ||
| Q3 25 | 0.81× | 1.71× | ||
| Q2 25 | 2.90× | 2.43× | ||
| Q1 25 | -0.35× | 1.73× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | -0.79× | 1.73× | ||
| Q1 24 | 1.64× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
