KEY vs. RY: KeyCorp vs. Royal Bank of Canada Stock Comparison
How do KeyCorp (KEY) and Royal Bank of Canada (RY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
KeyCorp (KEY) and Royal Bank of Canada (RY) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
| Profile Item | KEY | RY |
|---|---|---|
| Name | KeyCorp | Royal Bank of Canada |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 22.02 billion USD | 278.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 5, 1987 | October 16, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | KEY | RY |
|---|---|---|
| Total Return (1Y) | 24.10% | 42.94% |
| Total Return (3Y, Annualized) | 31.53% | 38.10% |
| Total Return (5Y, Annualized) | 3.00% | 17.71% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | KEY | RY |
|---|---|---|
| Volatility (1Y, Annualized) | 23.07% | 17.09% |
| Beta (5Y) | 1.06 | 0.78 |
| Max Drawdown (5Y) | -65.23% | -28.69% |
| Avg. Volume (3M) | 14.36M | 1.25M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | KEY | RY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.86 | 2.26 |
| Sortino Ratio (1Y) | 1.25 | 3.50 |
Profitability
ROE (TTM)
Royal Bank of Canada (RY) at 16.21% sits in the top ROE quartile, while KeyCorp (KEY) at 11.17% is closer to the peer norm — stronger capital efficiency for RY.
KEY
Banks industry group
11.17%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- KEY
- 11.17%
- Q1
- 9.50%
- Min
- 3.64%
RY
Banks industry group
16.21%
- Max
- 19.84%
- RY
- 16.21%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Both KeyCorp (KEY) at 27.99% and Royal Bank of Canada (RY) at 33.87% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
KEY
Banks industry group
27.99%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- KEY
- 27.99%
- Q1
- 27.11%
- Min
- 14.93%
RY
Banks industry group
33.87%
- Max
- 47.19%
- Q3
- 35.25%
- RY
- 33.87%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for KeyCorp (KEY) in Banks and Royal Bank of Canada (RY) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | KEY | RY |
|---|---|---|
| ROE (TTM) | 11.17% | 16.21% |
| ROA (TTM) | 1.11% | 0.96% |
| Net Margin (TTM) | 27.99% | 33.87% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
KeyCorp (KEY) at 65.72% clears its industry range for revenue growth, far stronger top-line momentum than Royal Bank of Canada (RY) at 15.73%, which is closer to a typical peer reading.
EPS Growth
Neither KeyCorp (KEY) nor Royal Bank of Canada (RY) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | KEY | RY |
|---|---|---|
| Revenue Growth (YoY) | 65.72% | 15.73% |
| Revenue Growth (3Y CAGR) | 1.21% | 10.90% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -7.65% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: KeyCorp (KEY) in Banks and Royal Bank of Canada (RY) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: KeyCorp (KEY) in Banks and Royal Bank of Canada (RY) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | KEY | RY |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both KeyCorp (KEY) at 3.91% and Royal Bank of Canada (RY) at 3.23% offer top-quartile dividend income relative to share price within their industries.
KEY
Banks industry group
3.91%
- Max
- 5.79%
- KEY
- 3.91%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
RY
Banks industry group
3.23%
- Max
- 5.79%
- RY
- 3.23%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both KeyCorp (KEY) at 45.05% and Royal Bank of Canada (RY) at 41.49% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
KEY
Banks industry group
45.05%
- Max
- 70.75%
- KEY
- 45.05%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
RY
Banks industry group
41.49%
- Max
- 70.75%
- RY
- 41.49%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | KEY | RY |
|---|---|---|
| Dividend Yield (TTM) | 3.91% | 3.23% |
| Dividend Payout Ratio (TTM) | 45.05% | 41.49% |
Valuation
P/E Ratio (TTM)
KeyCorp (KEY) at 11.46 is near its industry’s usual P/E ratio, while Royal Bank of Canada (RY) at 17.58 sits in the richer quartile — RY needs stronger growth or earnings quality to justify the premium.
KEY
Banks industry group
11.46
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- KEY
- 11.46
- Q1
- 10.64
- Min
- 6.49
RY
Banks industry group
17.58
- Max
- 18.16
- RY
- 17.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both KeyCorp (KEY) in Banks and Royal Bank of Canada (RY) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
KeyCorp (KEY) at 1.39 sits near its industry’s typical P/B ratio, while Royal Bank of Canada (RY) at 2.92 prices above its benchmark range — RY looks rich relative to book.
KEY
Banks industry group
1.39
- Max
- 2.28
- Q3
- 1.58
- KEY
- 1.39
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
RY
Banks industry group
2.92
- RY
- 2.92
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | KEY | RY |
|---|---|---|
| P/E Ratio (TTM) | 11.46 | 17.58 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.39 | 2.92 |
| Free Cash Flow Yield (TTM) | -- | -- |