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Side-by-side financial comparison of KeyCorp (KEY) and THOMSON REUTERS CORP (TRI). 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× THOMSON REUTERS CORP). KeyCorp runs the higher net margin — 25.4% vs 17.5%, a 7.9% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 2.6%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

KEY vs TRI — Head-to-Head

Bigger by revenue
KEY
KEY
1.1× larger
KEY
$2.0B
$1.8B
TRI
Growing faster (revenue YoY)
KEY
KEY
+129.2% gap
KEY
131.8%
2.6%
TRI
Higher net margin
KEY
KEY
7.9% more per $
KEY
25.4%
17.5%
TRI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
KEY
KEY
TRI
TRI
Revenue
$2.0B
$1.8B
Net Profit
$510.0M
$313.0M
Gross Margin
Operating Margin
32.3%
24.4%
Net Margin
25.4%
17.5%
Revenue YoY
131.8%
2.6%
Net Profit YoY
309.0%
-62.8%
EPS (diluted)
$0.43
$0.69

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
TRI
TRI
Q4 25
$2.0B
Q3 25
$1.9B
Q2 25
$1.8B
$1.8B
Q1 25
$1.8B
Q4 24
$865.0M
Q3 24
$695.0M
Q2 24
$1.5B
$1.7B
Q1 24
$1.5B
Net Profit
KEY
KEY
TRI
TRI
Q4 25
$510.0M
Q3 25
$489.0M
Q2 25
$425.0M
$313.0M
Q1 25
$405.0M
Q4 24
$-244.0M
Q3 24
$-410.0M
Q2 24
$274.0M
$841.0M
Q1 24
$219.0M
Operating Margin
KEY
KEY
TRI
TRI
Q4 25
32.3%
Q3 25
31.8%
Q2 25
29.3%
24.4%
Q1 25
29.0%
Q4 24
-92.6%
Q3 24
-72.8%
Q2 24
22.0%
23.9%
Q1 24
18.1%
Net Margin
KEY
KEY
TRI
TRI
Q4 25
25.4%
Q3 25
25.8%
Q2 25
23.1%
17.5%
Q1 25
22.8%
Q4 24
-54.7%
Q3 24
-59.0%
Q2 24
18.0%
48.3%
Q1 24
14.3%
EPS (diluted)
KEY
KEY
TRI
TRI
Q4 25
$0.43
Q3 25
$0.41
Q2 25
$0.35
$0.69
Q1 25
$0.33
Q4 24
$-0.30
Q3 24
$-0.47
Q2 24
$0.25
$1.86
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
KEY
KEY
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$10.2B
$664.0M
Total DebtLower is stronger
$9.9B
Stockholders' EquityBook value
$20.4B
$12.6B
Total Assets
$184.4B
$18.0B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEY
KEY
TRI
TRI
Q4 25
$10.2B
Q3 25
$13.3B
Q2 25
$11.6B
$664.0M
Q1 25
$15.3B
Q4 24
$17.5B
Q3 24
$22.8B
Q2 24
$15.5B
$1.7B
Q1 24
$13.2B
Total Debt
KEY
KEY
TRI
TRI
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
Stockholders' Equity
KEY
KEY
TRI
TRI
Q4 25
$20.4B
Q3 25
$20.1B
Q2 25
$19.5B
$12.6B
Q1 25
$19.0B
Q4 24
$18.2B
Q3 24
$16.9B
Q2 24
$14.8B
$11.6B
Q1 24
$14.5B
Total Assets
KEY
KEY
TRI
TRI
Q4 25
$184.4B
Q3 25
$187.4B
Q2 25
$185.5B
$18.0B
Q1 25
$188.7B
Q4 24
$187.2B
Q3 24
$189.8B
Q2 24
$187.4B
$18.4B
Q1 24
$187.5B
Debt / Equity
KEY
KEY
TRI
TRI
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
KEY
KEY
TRI
TRI
Operating Cash FlowLast quarter
$2.2B
$746.0M
Free Cash FlowOCF − Capex
$2.1B
FCF MarginFCF / Revenue
104.8%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
4.33×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEY
KEY
TRI
TRI
Q4 25
$2.2B
Q3 25
$396.0M
Q2 25
$1.2B
$746.0M
Q1 25
$-140.0M
Q4 24
$664.0M
Q3 24
$-1.2B
Q2 24
$-217.0M
$705.0M
Q1 24
$359.0M
Free Cash Flow
KEY
KEY
TRI
TRI
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
FCF Margin
KEY
KEY
TRI
TRI
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%
Capex Intensity
KEY
KEY
TRI
TRI
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%
Cash Conversion
KEY
KEY
TRI
TRI
Q4 25
4.33×
Q3 25
0.81×
Q2 25
2.90×
2.38×
Q1 25
-0.35×
Q4 24
Q3 24
Q2 24
-0.79×
0.84×
Q1 24
1.64×

Financial Flow Comparison

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

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