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KeyCorp (KeyCorp) Pretax Margin % : 3.83% (As of Dec. 2023)


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What is KeyCorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. KeyCorp's Pre-Tax Income for the three months ended in Dec. 2023 was $57 Mil. KeyCorp's Revenue for the three months ended in Dec. 2023 was $1,487 Mil. Therefore, KeyCorp's pretax margin for the quarter that ended in Dec. 2023 was 3.83%.

The historical rank and industry rank for KeyCorp's Pretax Margin % or its related term are showing as below:

KEY' s Pretax Margin % Range Over the Past 10 Years
Min: 17.34   Med: 32.07   Max: 46.23
Current: 17.34


KEY's Pretax Margin % is ranked worse than
80.66% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs KEY: 17.34

KeyCorp Pretax Margin % Historical Data

The historical data trend for KeyCorp's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KeyCorp Pretax Margin % Chart

KeyCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.72 23.98 46.23 33.21 18.66

KeyCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.59 22.25 24.14 3.83 18.77

Competitive Comparison of KeyCorp's Pretax Margin %

For the Banks - Regional subindustry, KeyCorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KeyCorp's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KeyCorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where KeyCorp's Pretax Margin % falls into.



KeyCorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

KeyCorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1160/6215
=18.66 %

KeyCorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=57/1487
=3.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KeyCorp  (NYSE:KEY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


KeyCorp Pretax Margin % Related Terms

Thank you for viewing the detailed overview of KeyCorp's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


KeyCorp (KeyCorp) Business Description

Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Executives
Douglas M Schosser officer: Chief Accounting Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306
Carlton L Highsmith director C/O NEWALLIANCE BANK, 195 CHURCH STREET, NEW HAVEN CT 06510
Devina A Rankin director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Amy G. Brady officer: Chief Information Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Paine Andrew J Iii officer: Head of Institutional Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Victor B Alexander officer: Head of Consumer Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Gillis Ruth Ann M director 10 SOUTH DEERBORN STREET, 37TH FLOOR, CHICAGO IL 80603
Angela G Mago officer: Head of Commercial Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Allyson M Kidik officer: Chief Risk Review Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Tobin director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brian L Fishel officer: Chief Human Resources Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth C Gavrity officer: Head of Enterprise Payments 127 PUBLIC SQUARE, CLEVELAND OH 44114
Jamie Warder officer: Head of Digital Banking 127 PUBLIC SQUARE, CLEVELAND OH 44114
Trina M Evans officer: Director, Corporate Center 127 PUBLIC SQUARE, CLEVELAND OH 44114