Keycorp annual debt-to-equity ratio
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Keycorp Debt-to-Equity Ratio Growth & History (KEY)
Keycorp's debt-to-equity ratio was 0.51 for fiscal 2025.
View full Keycorp company overviewKeycorp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.51 | −0.18 | −26.46% |
| 2024 | 2024-12-31 | 0.69 | −0.68 | −49.48% |
| 2023 | 2023-12-31 | 1.37 | −0.11 | −7.19% |
| 2022 | 2022-12-31 | 1.48 | 0.75 | +102.66% |
| 2021 | 2021-12-31 | 0.73 | −0.07 | −9.00% |
| 2020 | 2020-12-31 | 0.80 | 0.03 | +3.52% |
| 2019 | 2019-12-31 | 0.78 | −0.11 | −11.96% |
| 2018 | 2018-12-31 | 0.88 | −0.07 | −7.71% |
| 2017 | 2017-12-31 | 0.95 | 0.14 | +17.41% |
| 2016 | 2016-12-31 | 0.81 | −0.14 | −14.26% |
| 2015 | 2015-12-31 | 0.95 | 0.20 | +26.72% |
| 2014 | 2014-12-31 | 0.75 | −0.03 | −3.60% |
| 2013 | 2013-12-31 | 0.78 | 0.08 | +11.69% |
| 2012 | 2012-12-31 | 0.69 | −0.30 | −30.20% |
| 2011 | 2011-12-31 | 1.00 | −0.06 | −5.79% |
| 2010 | 2010-12-31 | 1.06 | −0.06 | −5.33% |
| 2009 | 2009-12-31 | 1.12 | −1.12 | −50.18% |
| 2008 | 2008-12-31 | 2.24 | — | — |
Keycorp quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.55 | −0.07 | −10.53% |
| Q1 2026 | 2026-03-31 | 0.54 | −0.11 | −16.55% |
| Q4 2025 | 2025-12-31 | 0.51 | −0.18 | −26.46% |
| Q3 2025 | 2025-09-30 | 0.54 | −0.39 | −41.62% |
| Q2 2025 | 2025-06-30 | 0.62 | −0.52 | −45.72% |
| Q1 2025 | 2025-03-31 | 0.65 | −0.78 | −54.34% |
| Q4 2024 | 2024-12-31 | 0.69 | −0.68 | −49.48% |
| Q3 2024 | 2024-09-30 | 0.93 | −0.66 | −41.68% |
| Q2 2024 | 2024-06-30 | 1.14 | −0.45 | −28.45% |
| Q1 2024 | 2024-03-31 | 1.43 | −0.16 | −10.10% |
| Q4 2023 | 2023-12-31 | 1.37 | −0.11 | −7.19% |
| Q3 2023 | 2023-09-30 | 1.60 | 0.22 | +16.11% |
| Q2 2023 | 2023-06-30 | 1.59 | 0.44 | +38.42% |
| Q1 2023 | 2023-03-31 | 1.59 | 0.88 | +124.89% |
| Q4 2022 | 2022-12-31 | 1.48 | 0.75 | +102.66% |
| Q3 2022 | 2022-09-30 | 1.37 | 0.62 | +82.71% |
| Q2 2022 | 2022-06-30 | 1.15 | 0.42 | +56.42% |
| Q1 2022 | 2022-03-31 | 0.71 | −0.00 | −0.33% |
| Q4 2021 | 2021-12-31 | 0.73 | −0.07 | −9.00% |
| Q3 2021 | 2021-09-30 | 0.75 | 0.04 | +5.04% |
| Q2 2021 | 2021-06-30 | 0.74 | −0.05 | −5.95% |
| Q1 2021 | 2021-03-31 | 0.71 | −0.08 | −10.13% |
| Q4 2020 | 2020-12-31 | 0.80 | 0.03 | +3.52% |
| Q3 2020 | 2020-09-30 | 0.72 | −0.17 | −19.62% |
| Q2 2020 | 2020-06-30 | 0.78 | −0.11 | −12.03% |
| Q1 2020 | 2020-03-31 | 0.79 | −0.15 | −16.10% |
| Q4 2019 | 2019-12-31 | 0.78 | −0.11 | −11.96% |
| Q3 2019 | 2019-09-30 | 0.89 | −0.02 | −2.21% |
| Q2 2019 | 2019-06-30 | 0.89 | −0.03 | −2.99% |
| Q1 2019 | 2019-03-31 | 0.94 | 0.02 | +2.18% |
| Q4 2018 | 2018-12-31 | 0.88 | −0.07 | −7.71% |
| Q3 2018 | 2018-09-30 | 0.91 | −0.08 | −8.04% |
| Q2 2018 | 2018-06-30 | 0.92 | 0.05 | +5.52% |
| Q1 2018 | 2018-03-31 | 0.92 | 0.10 | +11.80% |
| Q4 2017 | 2017-12-31 | 0.95 | 0.14 | +17.41% |
| Q3 2017 | 2017-09-30 | 0.99 | 0.15 | +17.65% |
| Q2 2017 | 2017-06-30 | 0.87 | −0.14 | −13.63% |
| Q1 2017 | 2017-03-31 | 0.82 | −0.15 | −15.37% |
| Q4 2016 | 2016-12-31 | 0.81 | −0.14 | −14.26% |
| Q3 2016 | 2016-09-30 | 0.84 | −0.12 | −12.59% |
| Q2 2016 | 2016-06-30 | 1.01 | 0.04 | +3.85% |
| Q1 2016 | 2016-03-31 | 0.97 | 0.15 | +18.35% |
| Q4 2015 | 2015-12-31 | 0.95 | 0.20 | +26.72% |
| Q3 2015 | 2015-09-30 | 0.96 | 0.28 | +40.79% |
| Q2 2015 | 2015-06-30 | 0.97 | 0.14 | +16.57% |
| Q1 2015 | 2015-03-31 | 0.82 | 0.04 | +4.53% |
| Q4 2014 | 2014-12-31 | 0.75 | −0.03 | −3.60% |
| Q3 2014 | 2014-09-30 | 0.68 | 0.04 | +5.45% |
| Q2 2014 | 2014-06-30 | 0.83 | — | — |
| Q1 2014 | 2014-03-31 | 0.79 | −0.00 | −0.45% |
| Q4 2013 | 2013-12-31 | 0.78 | 0.08 | +11.69% |
| Q3 2013 | 2013-09-30 | 0.65 | 0.01 | +2.19% |
| Q1 2013 | 2013-03-31 | 0.79 | −0.12 | −13.55% |
| Q4 2012 | 2012-12-31 | 0.69 | −0.30 | −30.20% |
| Q3 2012 | 2012-09-30 | 0.63 | −0.50 | −44.07% |
| Q2 2012 | 2012-06-30 | 0.78 | −0.41 | −34.44% |
| Q1 2012 | 2012-03-31 | 0.91 | −0.33 | −26.65% |
| Q4 2011 | 2011-12-31 | 1.00 | −0.06 | −5.79% |
| Q3 2011 | 2011-09-30 | 1.13 | 0.05 | +4.18% |
| Q2 2011 | 2011-06-30 | 1.18 | 0.14 | +13.68% |
| Q1 2011 | 2011-03-31 | 1.24 | 0.15 | +13.97% |
| Q4 2010 | 2010-12-31 | 1.06 | −0.06 | −5.33% |
| Q3 2010 | 2010-09-30 | 1.09 | −0.13 | −10.40% |
| Q2 2010 | 2010-06-30 | 1.04 | −0.36 | −25.51% |
| Q1 2010 | 2010-03-31 | 1.09 | — | — |
| Q4 2009 | 2009-12-31 | 1.12 | −1.12 | −50.18% |
| Q3 2009 | 2009-09-30 | 1.22 | — | — |
| Q2 2009 | 2009-06-30 | 1.40 | — | — |
| Q4 2008 | 2008-12-31 | 2.24 | — | — |
Keycorp debt-to-equity ratio trends
Over the last five fiscal years, Keycorp's debt-to-equity ratio decreased from 0.80 to 0.51, a change of −0.29. The latest reported quarter, Q2 2026, shows 0.55.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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