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KeyCorp（KEY）与NVR, Inc.（NVR）财务数据对比。点击上方公司名可切换其他公司
NVR, Inc.的季度营收约是KeyCorp的1.4倍（$2.7B vs $2.0B），KeyCorp净利率更高（25.4% vs 13.4%，领先12.0%），KeyCorp同比增速更快（131.8% vs -4.7%），KeyCorp自由现金流更多（$2.1B vs $436.0M），过去两年KeyCorp的营收复合增速更高（14.4% vs 7.8%）
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。
NVR, Inc.是总部位于美国弗吉尼亚州雷斯顿的知名住宅建造企业，同时运营抵押贷款银行及产权服务相关业务。公司业务主要布局美国东海岸，覆盖14个州及华盛顿特区，2021年有22%的营收来自华盛顿大都会区。
KEY vs NVR — 直观对比
营收规模更大
NVR
是对方的1.4倍
$2.0B
营收增速更快
KEY
高出136.5%
-4.7%
净利率更高
KEY
高出12.0%
13.4%
自由现金流更多
KEY
多$1.7B
$436.0M
两年增速更快
KEY
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.7B |
| 净利润 | $510.0M | $363.8M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | — |
| 净利率 | 25.4% | 13.4% |
| 营收同比 | 131.8% | -4.7% |
| 净利润同比 | 309.0% | -20.5% |
| 每股收益（稀释后） | $0.43 | $120.85 |
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KEYNVR
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $1.9B | $2.6B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.8B | $2.4B | ||
| Q4 24 | $865.0M | $2.8B | ||
| Q3 24 | $695.0M | $2.7B | ||
| Q2 24 | $1.5B | $2.6B | ||
| Q1 24 | $1.5B | $2.3B |
净利润KEYNVR
| Q4 25 | $510.0M | $363.8M | ||
| Q3 25 | $489.0M | $342.7M | ||
| Q2 25 | $425.0M | $333.7M | ||
| Q1 25 | $405.0M | $299.6M | ||
| Q4 24 | $-244.0M | $457.4M | ||
| Q3 24 | $-410.0M | $429.3M | ||
| Q2 24 | $274.0M | $400.9M | ||
| Q1 24 | $219.0M | $394.3M |
营业利润率KEYNVR
| Q4 25 | 32.3% | — | ||
| Q3 25 | 31.8% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | -92.6% | — | ||
| Q3 24 | -72.8% | — | ||
| Q2 24 | 22.0% | — | ||
| Q1 24 | 18.1% | — |
净利率KEYNVR
| Q4 25 | 25.4% | 13.4% | ||
| Q3 25 | 25.8% | 13.1% | ||
| Q2 25 | 23.1% | 12.8% | ||
| Q1 25 | 22.8% | 12.5% | ||
| Q4 24 | -54.7% | 16.1% | ||
| Q3 24 | -59.0% | 15.7% | ||
| Q2 24 | 18.0% | 15.3% | ||
| Q1 24 | 14.3% | 16.9% |
每股收益（稀释后）KEYNVR
| Q4 25 | $0.43 | $120.85 | ||
| Q3 25 | $0.41 | $112.33 | ||
| Q2 25 | $0.35 | $108.54 | ||
| Q1 25 | $0.33 | $94.83 | ||
| Q4 24 | $-0.30 | $139.09 | ||
| Q3 24 | $-0.47 | $130.50 | ||
| Q2 24 | $0.25 | $120.69 | ||
| Q1 24 | $0.20 | $116.41 |
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 | — |
| 总债务越低越好 | $9.9B | — |
| 股东权益账面价值 | $20.4B | $3.9B |
| 总资产 | $184.4B | $5.9B |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
现金及短期投资KEYNVR
| Q4 25 | $10.2B | — | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $11.6B | — | ||
| Q1 25 | $15.3B | — | ||
| Q4 24 | $17.5B | — | ||
| Q3 24 | $22.8B | — | ||
| Q2 24 | $15.5B | — | ||
| Q1 24 | $13.2B | — |
总债务KEYNVR
| 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 | — |
股东权益KEYNVR
| Q4 25 | $20.4B | $3.9B | ||
| Q3 25 | $20.1B | $4.0B | ||
| Q2 25 | $19.5B | $3.8B | ||
| Q1 25 | $19.0B | $4.0B | ||
| Q4 24 | $18.2B | $4.2B | ||
| Q3 24 | $16.9B | $4.3B | ||
| Q2 24 | $14.8B | $4.1B | ||
| Q1 24 | $14.5B | $4.3B |
总资产KEYNVR
| Q4 25 | $184.4B | $5.9B | ||
| Q3 25 | $187.4B | $6.0B | ||
| Q2 25 | $185.5B | $5.9B | ||
| Q1 25 | $188.7B | $6.2B | ||
| Q4 24 | $187.2B | $6.4B | ||
| Q3 24 | $189.8B | $6.5B | ||
| Q2 24 | $187.4B | $6.4B | ||
| Q1 24 | $187.5B | $6.5B |
负债/权益比KEYNVR
| 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× | — |
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 | $439.7M |
| 自由现金流经营现金流 - 资本支出 | $2.1B | $436.0M |
| 自由现金流率自由现金流/营收 | 104.8% | 16.1% |
| 资本支出强度资本支出/营收 | 5.3% | 0.1% |
| 现金转化率经营现金流/净利润 | 4.33× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $3.5B | $1.1B |
8季度趋势，按日历期对齐
经营现金流KEYNVR
| Q4 25 | $2.2B | $439.7M | ||
| Q3 25 | $396.0M | $438.7M | ||
| Q2 25 | $1.2B | $35.1M | ||
| Q1 25 | $-140.0M | $207.8M | ||
| Q4 24 | $664.0M | $637.0M | ||
| Q3 24 | $-1.2B | $358.3M | ||
| Q2 24 | $-217.0M | $232.7M | ||
| Q1 24 | $359.0M | $146.5M |
自由现金流KEYNVR
| Q4 25 | $2.1B | $436.0M | ||
| Q3 25 | $367.0M | $433.3M | ||
| Q2 25 | $1.2B | $26.8M | ||
| Q1 25 | $-150.0M | $200.7M | ||
| Q4 24 | $599.0M | $631.5M | ||
| Q3 24 | $-1.2B | $350.1M | ||
| Q2 24 | $-230.0M | $226.3M | ||
| Q1 24 | $347.0M | $137.5M |
自由现金流率KEYNVR
| Q4 25 | 104.8% | 16.1% | ||
| Q3 25 | 19.4% | 16.6% | ||
| Q2 25 | 65.8% | 1.0% | ||
| Q1 25 | -8.5% | 8.4% | ||
| Q4 24 | 69.2% | 22.2% | ||
| Q3 24 | -175.8% | 12.8% | ||
| Q2 24 | -15.1% | 8.7% | ||
| Q1 24 | 22.6% | 5.9% |
资本支出强度KEYNVR
| Q4 25 | 5.3% | 0.1% | ||
| Q3 25 | 1.5% | 0.2% | ||
| Q2 25 | 1.3% | 0.3% | ||
| Q1 25 | 0.6% | 0.3% | ||
| Q4 24 | 7.5% | 0.2% | ||
| Q3 24 | 2.4% | 0.3% | ||
| Q2 24 | 0.9% | 0.2% | ||
| Q1 24 | 0.8% | 0.4% |
现金转化率KEYNVR
| Q4 25 | 4.33× | 1.21× | ||
| Q3 25 | 0.81× | 1.28× | ||
| Q2 25 | 2.90× | 0.11× | ||
| Q1 25 | -0.35× | 0.69× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | -0.79× | 0.58× | ||
| Q1 24 | 1.64× | 0.37× |
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
NVR
| Home Building Segment | $2.6B | 97% |
| Mortgage Banking Segment | $77.4M | 3% |
