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Side-by-side financial comparison of KeyCorp (KEY) and TELUS CORP (TU). Click either name above to swap in a different company.

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $2.0B, roughly 1.9× KeyCorp). KeyCorp runs the higher net margin — 25.4% vs -4.8%, a 30.3% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% 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.

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

KEY vs TU — Head-to-Head

Bigger by revenue
TU
TU
1.9× larger
TU
$3.7B
$2.0B
KEY
Growing faster (revenue YoY)
KEY
KEY
+129.6% gap
KEY
131.8%
2.2%
TU
Higher net margin
KEY
KEY
30.3% more per $
KEY
25.4%
-4.8%
TU

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
KEY
KEY
TU
TU
Revenue
$2.0B
$3.7B
Net Profit
$510.0M
$-178.8M
Gross Margin
90.2%
Operating Margin
32.3%
3.4%
Net Margin
25.4%
-4.8%
Revenue YoY
131.8%
2.2%
Net Profit YoY
309.0%
-210.9%
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.

Revenue
KEY
KEY
TU
TU
Q4 25
$2.0B
Q3 25
$1.9B
Q2 25
$1.8B
$3.7B
Q1 25
$1.8B
Q4 24
$865.0M
Q3 24
$695.0M
Q2 24
$1.5B
$3.6B
Q1 24
$1.5B
Net Profit
KEY
KEY
TU
TU
Q4 25
$510.0M
Q3 25
$489.0M
Q2 25
$425.0M
$-178.8M
Q1 25
$405.0M
Q4 24
$-244.0M
Q3 24
$-410.0M
Q2 24
$274.0M
$161.3M
Q1 24
$219.0M
Gross Margin
KEY
KEY
TU
TU
Q4 25
Q3 25
Q2 25
90.2%
Q1 25
Q4 24
Q3 24
Q2 24
87.9%
Q1 24
Operating Margin
KEY
KEY
TU
TU
Q4 25
32.3%
Q3 25
31.8%
Q2 25
29.3%
3.4%
Q1 25
29.0%
Q4 24
-92.6%
Q3 24
-72.8%
Q2 24
22.0%
13.7%
Q1 24
18.1%
Net Margin
KEY
KEY
TU
TU
Q4 25
25.4%
Q3 25
25.8%
Q2 25
23.1%
-4.8%
Q1 25
22.8%
Q4 24
-54.7%
Q3 24
-59.0%
Q2 24
18.0%
4.4%
Q1 24
14.3%
EPS (diluted)
KEY
KEY
TU
TU
Q4 25
$0.43
Q3 25
$0.41
Q2 25
$0.35
Q1 25
$0.33
Q4 24
$-0.30
Q3 24
$-0.47
Q2 24
$0.25
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
TU
TU
Cash + ST InvestmentsLiquidity on hand
$10.2B
$2.7B
Total DebtLower is stronger
$9.9B
Stockholders' EquityBook value
$20.4B
$11.8B
Total Assets
$184.4B
$44.3B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEY
KEY
TU
TU
Q4 25
$10.2B
Q3 25
$13.3B
Q2 25
$11.6B
$2.7B
Q1 25
$15.3B
Q4 24
$17.5B
Q3 24
$22.8B
Q2 24
$15.5B
$676.7M
Q1 24
$13.2B
Total Debt
KEY
KEY
TU
TU
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
TU
TU
Q4 25
$20.4B
Q3 25
$20.1B
Q2 25
$19.5B
$11.8B
Q1 25
$19.0B
Q4 24
$18.2B
Q3 24
$16.9B
Q2 24
$14.8B
$12.4B
Q1 24
$14.5B
Total Assets
KEY
KEY
TU
TU
Q4 25
$184.4B
Q3 25
$187.4B
Q2 25
$185.5B
$44.3B
Q1 25
$188.7B
Q4 24
$187.2B
Q3 24
$189.8B
Q2 24
$187.4B
$41.8B
Q1 24
$187.5B
Debt / Equity
KEY
KEY
TU
TU
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
TU
TU
Operating Cash FlowLast quarter
$2.2B
$851.2M
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.

Operating Cash Flow
KEY
KEY
TU
TU
Q4 25
$2.2B
Q3 25
$396.0M
Q2 25
$1.2B
$851.2M
Q1 25
$-140.0M
Q4 24
$664.0M
Q3 24
$-1.2B
Q2 24
$-217.0M
$1.0B
Q1 24
$359.0M
Free Cash Flow
KEY
KEY
TU
TU
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
TU
TU
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
TU
TU
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
TU
TU
Q4 25
4.33×
Q3 25
0.81×
Q2 25
2.90×
Q1 25
-0.35×
Q4 24
Q3 24
Q2 24
-0.79×
6.28×
Q1 24
1.64×

Financial Flow Comparison

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

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