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KeyCorp（KEY）与NetApp（NTAP）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NetApp的1.2倍（$2.0B vs $1.7B），KeyCorp净利率更高（25.4% vs 17.9%，领先7.5%），KeyCorp同比增速更快（131.8% vs 2.8%），KeyCorp自由现金流更多（$2.1B vs $78.0M），过去两年KeyCorp的营收复合增速更高（14.4% vs 3.0%）
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。
NetApp是总部位于美国加利福尼亚州圣何塞的企业级数据基础设施服务商，成立于1992年，2012至2021年连续入选《财富》世界500强。公司面向全球企业客户提供统一数据存储、集成数据服务及云运营解决方案，可满足线上线下全场景的应用与数据管理需求。
KEY vs NTAP — 直观对比
营收规模更大
KEY
是对方的1.2倍
$1.7B
营收增速更快
KEY
高出129.0%
2.8%
净利率更高
KEY
高出7.5%
17.9%
自由现金流更多
KEY
多$2.0B
$78.0M
两年增速更快
KEY
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $510.0M | $305.0M |
| 毛利率 | — | 72.0% |
| 营业利润率 | 32.3% | 23.4% |
| 净利率 | 25.4% | 17.9% |
| 营收同比 | 131.8% | 2.8% |
| 净利润同比 | 309.0% | 2.0% |
| 每股收益（稀释后） | $0.43 | $1.51 |
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KEYNTAP
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $865.0M | $1.7B | ||
| Q3 24 | $695.0M | $1.5B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.5B | $1.6B |
净利润KEYNTAP
| Q4 25 | $510.0M | $305.0M | ||
| Q3 25 | $489.0M | $233.0M | ||
| Q2 25 | $425.0M | $340.0M | ||
| Q1 25 | $405.0M | $299.0M | ||
| Q4 24 | $-244.0M | $299.0M | ||
| Q3 24 | $-410.0M | $248.0M | ||
| Q2 24 | $274.0M | $291.0M | ||
| Q1 24 | $219.0M | $313.0M |
毛利率KEYNTAP
| Q4 25 | — | 72.0% | ||
| Q3 25 | — | 70.4% | ||
| Q2 25 | — | 68.9% | ||
| Q1 25 | — | 69.8% | ||
| Q4 24 | — | 71.0% | ||
| Q3 24 | — | 71.3% | ||
| Q2 24 | — | 70.5% | ||
| Q1 24 | — | 71.7% |
营业利润率KEYNTAP
| Q4 25 | 32.3% | 23.4% | ||
| Q3 25 | 31.8% | 19.8% | ||
| Q2 25 | 29.3% | 20.1% | ||
| Q1 25 | 29.0% | 22.1% | ||
| Q4 24 | -92.6% | 20.8% | ||
| Q3 24 | -72.8% | 18.3% | ||
| Q2 24 | 22.0% | 21.9% | ||
| Q1 24 | 18.1% | 22.8% |
净利率KEYNTAP
| Q4 25 | 25.4% | 17.9% | ||
| Q3 25 | 25.8% | 14.9% | ||
| Q2 25 | 23.1% | 19.6% | ||
| Q1 25 | 22.8% | 18.2% | ||
| Q4 24 | -54.7% | 18.0% | ||
| Q3 24 | -59.0% | 16.1% | ||
| Q2 24 | 18.0% | 17.4% | ||
| Q1 24 | 14.3% | 19.5% |
每股收益（稀释后）KEYNTAP
| Q4 25 | $0.43 | $1.51 | ||
| Q3 25 | $0.41 | $1.15 | ||
| Q2 25 | $0.35 | $1.64 | ||
| Q1 25 | $0.33 | $1.44 | ||
| Q4 24 | $-0.30 | $1.42 | ||
| Q3 24 | $-0.47 | $1.17 | ||
| Q2 24 | $0.25 | $1.36 | ||
| Q1 24 | $0.20 | $1.48 |
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 | $10.2B | $3.0B |
| 总债务越低越好 | $9.9B | $2.5B |
| 股东权益账面价值 | $20.4B | $986.0M |
| 总资产 | $184.4B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.49× | 2.52× |
8季度趋势，按日历期对齐
现金及短期投资KEYNTAP
| Q4 25 | $10.2B | $3.0B | ||
| Q3 25 | $13.3B | $3.3B | ||
| Q2 25 | $11.6B | $3.8B | ||
| Q1 25 | $15.3B | $2.3B | ||
| Q4 24 | $17.5B | $2.2B | ||
| Q3 24 | $22.8B | $3.0B | ||
| Q2 24 | $15.5B | $3.3B | ||
| Q1 24 | $13.2B | $2.9B |
总债务KEYNTAP
| Q4 25 | $9.9B | $2.5B | ||
| Q3 25 | $10.9B | $2.5B | ||
| Q2 25 | $12.1B | $3.2B | ||
| Q1 25 | $12.4B | $2.0B | ||
| Q4 24 | $12.1B | $2.0B | ||
| Q3 24 | $15.7B | $2.4B | ||
| Q2 24 | $16.9B | $2.4B | ||
| Q1 24 | $20.8B | $2.4B |
股东权益KEYNTAP
| Q4 25 | $20.4B | $986.0M | ||
| Q3 25 | $20.1B | $975.0M | ||
| Q2 25 | $19.5B | $1.0B | ||
| Q1 25 | $19.0B | $995.0M | ||
| Q4 24 | $18.2B | $892.0M | ||
| Q3 24 | $16.9B | $929.0M | ||
| Q2 24 | $14.8B | $1.1B | ||
| Q1 24 | $14.5B | $994.0M |
总资产KEYNTAP
| Q4 25 | $184.4B | $9.6B | ||
| Q3 25 | $187.4B | $9.7B | ||
| Q2 25 | $185.5B | $10.8B | ||
| Q1 25 | $188.7B | $9.0B | ||
| Q4 24 | $187.2B | $9.0B | ||
| Q3 24 | $189.8B | $9.3B | ||
| Q2 24 | $187.4B | $9.9B | ||
| Q1 24 | $187.5B | $9.4B |
负债/权益比KEYNTAP
| Q4 25 | 0.49× | 2.52× | ||
| Q3 25 | 0.54× | 2.55× | ||
| Q2 25 | 0.62× | 3.11× | ||
| Q1 25 | 0.65× | 2.00× | ||
| Q4 24 | 0.67× | 2.23× | ||
| Q3 24 | 0.93× | 2.58× | ||
| Q2 24 | 1.14× | 2.09× | ||
| Q1 24 | 1.43× | 2.41× |
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 | $2.2B | $127.0M |
| 自由现金流经营现金流 - 资本支出 | $2.1B | $78.0M |
| 自由现金流率自由现金流/营收 | 104.8% | 4.6% |
| 资本支出强度资本支出/营收 | 5.3% | 2.9% |
| 现金转化率经营现金流/净利润 | 4.33× | 0.42× |
| 过去12个月自由现金流最近4个季度 | $3.5B | — |
8季度趋势，按日历期对齐
经营现金流KEYNTAP
| Q4 25 | $2.2B | $127.0M | ||
| Q3 25 | $396.0M | $673.0M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $-140.0M | $385.0M | ||
| Q4 24 | $664.0M | — | ||
| Q3 24 | $-1.2B | $341.0M | ||
| Q2 24 | $-217.0M | $613.0M | ||
| Q1 24 | $359.0M | $484.0M |
自由现金流KEYNTAP
| Q4 25 | $2.1B | $78.0M | ||
| Q3 25 | $367.0M | $620.0M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $-150.0M | $338.0M | ||
| Q4 24 | $599.0M | — | ||
| Q3 24 | $-1.2B | $300.0M | ||
| Q2 24 | $-230.0M | $567.0M | ||
| Q1 24 | $347.0M | $448.0M |
自由现金流率KEYNTAP
| Q4 25 | 104.8% | 4.6% | ||
| Q3 25 | 19.4% | 39.8% | ||
| Q2 25 | 65.8% | — | ||
| Q1 25 | -8.5% | 20.6% | ||
| Q4 24 | 69.2% | — | ||
| Q3 24 | -175.8% | 19.5% | ||
| Q2 24 | -15.1% | 34.0% | ||
| Q1 24 | 22.6% | 27.9% |
资本支出强度KEYNTAP
| Q4 25 | 5.3% | 2.9% | ||
| Q3 25 | 1.5% | 3.4% | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 0.6% | 2.9% | ||
| Q4 24 | 7.5% | — | ||
| Q3 24 | 2.4% | 2.7% | ||
| Q2 24 | 0.9% | 2.8% | ||
| Q1 24 | 0.8% | 2.2% |
现金转化率KEYNTAP
| Q4 25 | 4.33× | 0.42× | ||
| Q3 25 | 0.81× | 2.89× | ||
| Q2 25 | 2.90× | — | ||
| Q1 25 | -0.35× | 1.29× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | -0.79× | 2.11× | ||
| Q1 24 | 1.64× | 1.55× |
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
暂无分部数据
NTAP
| Products | $788.0M | 46% |
| Support | $647.0M | 38% |
| Public Cloud Segment | $171.0M | 10% |
| Professional And Other Services | $99.0M | 6% |
