USB vs. KEY

Last updated Apr 1, 2026

Compare and contrast key facts about U.S. Bancorp (USB) and KeyCorp (KEY).

Performance

USB vs. KEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Bancorp (USB) and KeyCorp (KEY). The values are adjusted to include any dividend payments, if applicable.

USB vs. KEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USB U.S. Bancorp	-1.52%	16.48%	15.62%	4.79%	-19.13%	24.32%	-17.85%	33.62%	-12.36%	6.61%
KEY KeyCorp	-1.90%	26.22%	25.34%	-11.53%	-21.69%	45.92%	-14.50%	42.72%	-24.61%	12.74%

Fundamentals

Market Cap USB : $80.93B KEY : $21.96B
EPS USB : $4.86 KEY : $1.66
PE Ratio USB : 10.69 KEY : 12.04
PS Ratio USB : 1.89 KEY : 1.97
PB Ratio USB : 1.39 KEY : 1.23
Total Revenue (TTM) USB : $42.86B KEY : $11.19B
Gross Profit (TTM) USB : $26.93B KEY : $6.97B
EBITDA (TTM) USB : $10.29B KEY : $2.32B

Returns By Period

In the year-to-date period, USB achieves a -1.52% return, which is significantly higher than KEY's -1.90% return. Over the past 10 years, USB has underperformed KEY with an annualized return of 6.30%, while KEY has yielded a comparatively higher 10.69% annualized return.

USB

• 1D: 3.28%
• 1M: -3.87%
• YTD: -1.52%
• 6M: 9.78%
• 1Y: 28.41%
• 3Y*: 18.38%
• 5Y*: 2.96%
• 10Y*: 6.30%

KEY

• 1D: 3.35%
• 1M: -2.37%
• YTD: -1.90%
• 6M: 9.54%
• 1Y: 31.13%
• 3Y*: 23.62%
• 5Y*: 4.71%
• 10Y*: 10.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

USB vs. KEY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USB

USB Risk / Return Rank: 74
USB Sharpe Ratio Rank: 77
USB Sortino Ratio Rank: 69
USB Omega Ratio Rank: 71
USB Calmar Ratio Rank: 76
USB Martin Ratio Rank: 77

KEY

KEY Risk / Return Rank: 73
KEY Sharpe Ratio Rank: 76
KEY Sortino Ratio Rank: 67
KEY Omega Ratio Rank: 70
KEY Calmar Ratio Rank: 76
KEY Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USB vs. KEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Bancorp (USB) and KeyCorp (KEY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	USB	KEY	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.03	+0.05
Sortino ratio Return per unit of downside risk	1.52	1.45	+0.07
Omega ratio Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	1.84	1.84	0.00
Martin ratio Return relative to average drawdown	4.80	4.79	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USB vs. KEY - Sharpe Ratio Comparison

The current USB Sharpe Ratio is 1.07, which is comparable to the KEY Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of USB and KEY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USB	KEY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.03	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.12	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.27	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.14	-0.08

Correlation

The correlation between USB and KEY is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

USB vs. KEY - Dividend Comparison

USB's dividend yield for the trailing twelve months is around 3.96%, less than KEY's 4.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
USB U.S. Bancorp	3.96%	3.82%	4.14%	4.46%	4.31%	3.13%	3.61%	2.66%	2.93%	2.16%	2.08%	2.37%
KEY KeyCorp	4.09%	3.97%	4.78%	5.69%	4.54%	3.24%	4.51%	3.51%	3.82%	1.88%	1.81%	3.83%

Drawdowns

USB vs. KEY - Drawdown Comparison

The maximum USB drawdown since its inception was -92.31%, which is greater than KEY's maximum drawdown of -87.08%. Use the drawdown chart below to compare losses from any high point for USB and KEY.

Drawdown Indicators

	USB	KEY	Difference
Max Drawdown Largest peak-to-trough decline	-92.31%	-87.08%	-5.23%
Max Drawdown (1Y) Largest decline over 1 year	-16.21%	-17.76%	+1.55%
Max Drawdown (5Y) Largest decline over 5 years	-52.13%	-65.23%	+13.10%
Max Drawdown (10Y) Largest decline over 10 years	-52.13%	-65.23%	+13.10%
Current Drawdown Current decline from peak	-13.42%	-12.76%	-0.66%
Average Drawdown Average peak-to-trough decline	-14.28%	-33.01%	+18.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.21%	6.82%	-0.61%

Volatility

USB vs. KEY - Volatility Comparison

The current volatility for U.S. Bancorp (USB) is 5.57%, while KeyCorp (KEY) has a volatility of 6.62%. This indicates that USB experiences smaller price fluctuations and is considered to be less risky than KEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USB	KEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	6.62%	-1.05%
Volatility (6M) Calculated over the trailing 6-month period	16.40%	18.80%	-2.40%
Volatility (1Y) Calculated over the trailing 1-year period	26.62%	30.51%	-3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.74%	38.10%	-8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.23%	39.88%	-9.65%

Financials

USB vs. KEY - Profitability Comparison

The chart below illustrates the profitability comparison between U.S. Bancorp and KeyCorp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

USB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, U.S. Bancorp reported a gross profit of 7.34B and revenue of 10.98B. Therefore, the gross margin over that period was 66.9%.

KEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, KeyCorp reported a gross profit of 1.89B and revenue of 2.86B. Therefore, the gross margin over that period was 66.1%.

USB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, U.S. Bancorp reported an operating income of 2.53B and revenue of 10.98B, resulting in an operating margin of 23.1%.

KEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, KeyCorp reported an operating income of 648.00M and revenue of 2.86B, resulting in an operating margin of 22.7%.

USB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, U.S. Bancorp reported a net income of 2.05B and revenue of 10.98B, resulting in a net margin of 18.7%.

KEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, KeyCorp reported a net income of 510.00M and revenue of 2.86B, resulting in a net margin of 17.8%.