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KeyCorp（KEY）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
KeyCorp的季度营收约是雷诺士国际的1.6倍（$1.9B vs $1.2B），KeyCorp净利率更高（26.8% vs 13.6%，领先13.3%），KeyCorp同比增速更快（10.2% vs -11.2%），过去两年KeyCorp的营收复合增速更高（12.9% vs 6.8%）
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
KEY vs LII — 直观对比
营收规模更大
KEY
是对方的1.6倍
$1.2B
营收增速更快
KEY
高出21.3%
-11.2%
净利率更高
KEY
高出13.3%
13.6%
两年增速更快
KEY
近两年复合增速
6.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.2B |
| 净利润 | $522.0M | $162.1M |
| 毛利率 | — | 34.7% |
| 营业利润率 | — | 18.6% |
| 净利率 | 26.8% | 13.6% |
| 营收同比 | 10.2% | -11.2% |
| 净利润同比 | 28.9% | -18.0% |
| 每股收益（稀释后） | $0.44 | $4.62 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KEYLII
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.1B | ||
| Q4 24 | $865.0M | $1.3B | ||
| Q3 24 | $695.0M | $1.5B | ||
| Q2 24 | $1.5B | $1.5B |
净利润KEYLII
| Q1 26 | $522.0M | — | ||
| Q4 25 | $510.0M | $162.1M | ||
| Q3 25 | $489.0M | $245.8M | ||
| Q2 25 | $425.0M | $277.6M | ||
| Q1 25 | $405.0M | $120.3M | ||
| Q4 24 | $-244.0M | $197.7M | ||
| Q3 24 | $-410.0M | $239.0M | ||
| Q2 24 | $274.0M | $245.9M |
毛利率KEYLII
| Q1 26 | — | — | ||
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 34.8% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 32.6% | ||
| Q2 24 | — | 33.6% |
营业利润率KEYLII
| Q1 26 | — | — | ||
| Q4 25 | 32.3% | 18.6% | ||
| Q3 25 | 31.8% | 21.7% | ||
| Q2 25 | 29.3% | 23.6% | ||
| Q1 25 | 29.0% | 14.5% | ||
| Q4 24 | -92.6% | 18.2% | ||
| Q3 24 | -72.8% | 20.2% | ||
| Q2 24 | 22.0% | 22.1% |
净利率KEYLII
| Q1 26 | 26.8% | — | ||
| Q4 25 | 25.4% | 13.6% | ||
| Q3 25 | 25.8% | 17.2% | ||
| Q2 25 | 23.1% | 18.5% | ||
| Q1 25 | 22.8% | 11.2% | ||
| Q4 24 | -54.7% | 14.7% | ||
| Q3 24 | -59.0% | 16.0% | ||
| Q2 24 | 18.0% | 16.9% |
每股收益（稀释后）KEYLII
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.43 | $4.62 | ||
| Q3 25 | $0.41 | $6.98 | ||
| Q2 25 | $0.35 | $7.82 | ||
| Q1 25 | $0.33 | $3.37 | ||
| Q4 24 | $-0.30 | $5.52 | ||
| Q3 24 | $-0.47 | $6.68 | ||
| Q2 24 | $0.25 | $6.87 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $11.8B | $34.7M |
| 总债务越低越好 | $10.9B | $1.1B |
| 股东权益账面价值 | $20.0B | $1.2B |
| 总资产 | $188.7B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资KEYLII
| Q1 26 | $11.8B | — | ||
| Q4 25 | $10.2B | $34.7M | ||
| Q3 25 | $13.3B | $59.2M | ||
| Q2 25 | $11.6B | $55.1M | ||
| Q1 25 | $15.3B | $222.9M | ||
| Q4 24 | $17.5B | $422.3M | ||
| Q3 24 | $22.8B | $255.7M | ||
| Q2 24 | $15.5B | $57.8M |
总债务KEYLII
| Q1 26 | $10.9B | — | ||
| Q4 25 | $9.9B | $1.1B | ||
| Q3 25 | $10.9B | $838.2M | ||
| Q2 25 | $12.1B | $835.7M | ||
| Q1 25 | $12.4B | $834.2M | ||
| Q4 24 | $12.1B | $833.1M | ||
| Q3 24 | $15.7B | $827.6M | ||
| Q2 24 | $16.9B | $1.1B |
股东权益KEYLII
| Q1 26 | $20.0B | — | ||
| Q4 25 | $20.4B | $1.2B | ||
| Q3 25 | $20.1B | $1.1B | ||
| Q2 25 | $19.5B | $900.5M | ||
| Q1 25 | $19.0B | $852.5M | ||
| Q4 24 | $18.2B | $850.2M | ||
| Q3 24 | $16.9B | $754.0M | ||
| Q2 24 | $14.8B | $577.4M |
总资产KEYLII
| Q1 26 | $188.7B | — | ||
| Q4 25 | $184.4B | $4.1B | ||
| Q3 25 | $187.4B | $3.5B | ||
| Q2 25 | $185.5B | $3.7B | ||
| Q1 25 | $188.7B | $3.5B | ||
| Q4 24 | $187.2B | $3.5B | ||
| Q3 24 | $189.8B | $3.3B | ||
| Q2 24 | $187.4B | $3.2B |
负债/权益比KEYLII
| Q1 26 | 0.54× | — | ||
| Q4 25 | 0.49× | 0.98× | ||
| Q3 25 | 0.54× | 0.78× | ||
| Q2 25 | 0.62× | 0.93× | ||
| Q1 25 | 0.65× | 0.98× | ||
| Q4 24 | 0.67× | 0.98× | ||
| Q3 24 | 0.93× | 1.10× | ||
| Q2 24 | 1.14× | 1.95× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $405.9M |
| 自由现金流经营现金流 - 资本支出 | — | $376.7M |
| 自由现金流率自由现金流/营收 | — | 31.5% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 现金转化率经营现金流/净利润 | — | 2.50× |
| 过去12个月自由现金流最近4个季度 | — | $638.8M |
8季度趋势，按日历期对齐
经营现金流KEYLII
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $405.9M | ||
| Q3 25 | $396.0M | $300.7M | ||
| Q2 25 | $1.2B | $86.8M | ||
| Q1 25 | $-140.0M | $-35.8M | ||
| Q4 24 | $664.0M | $332.4M | ||
| Q3 24 | $-1.2B | $452.1M | ||
| Q2 24 | $-217.0M | $184.0M |
自由现金流KEYLII
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $376.7M | ||
| Q3 25 | $367.0M | $265.1M | ||
| Q2 25 | $1.2B | $58.3M | ||
| Q1 25 | $-150.0M | $-61.3M | ||
| Q4 24 | $599.0M | $272.2M | ||
| Q3 24 | $-1.2B | $410.9M | ||
| Q2 24 | $-230.0M | $151.3M |
自由现金流率KEYLII
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 31.5% | ||
| Q3 25 | 19.4% | 18.6% | ||
| Q2 25 | 65.8% | 3.9% | ||
| Q1 25 | -8.5% | -5.7% | ||
| Q4 24 | 69.2% | 20.2% | ||
| Q3 24 | -175.8% | 27.4% | ||
| Q2 24 | -15.1% | 10.4% |
资本支出强度KEYLII
| Q1 26 | — | — | ||
| Q4 25 | 5.3% | 2.4% | ||
| Q3 25 | 1.5% | 2.5% | ||
| Q2 25 | 1.3% | 1.9% | ||
| Q1 25 | 0.6% | 2.4% | ||
| Q4 24 | 7.5% | 4.5% | ||
| Q3 24 | 2.4% | 2.8% | ||
| Q2 24 | 0.9% | 2.3% |
现金转化率KEYLII
| Q1 26 | — | — | ||
| Q4 25 | 4.33× | 2.50× | ||
| Q3 25 | 0.81× | 1.22× | ||
| Q2 25 | 2.90× | 0.31× | ||
| Q1 25 | -0.35× | -0.30× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | -0.79× | 0.75× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KEY
| Net Interest Income | $1.2B | 63% |
| Noninterest Income | $723.0M | 37% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
