Keyera (FRA:K2Y) OCF Margin %: 24.76% (As of Mar. 2026) — 71% Above Median


FRA:K2Y Keyera Corp FRA:K2Y
80 GF Score
Price €34.80
GF Value €24.62
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Keyera OCF Margin %?

Keyera FRA:K2Y 80 OCF Margin % is 24.76% as of Mar. 2026, which is 71% above its 10-year median of 14.44. GuruFocus rates FRA:K2Y with a GF Score™ of 80/100 and a GF Value™ of €24.62 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 906 Oil & Gas companies, Keyera ranks better than 51.21% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Keyera's Cash Flow from Operations for the three months ended in Mar. 2026 was €203 Mil. Keyera's Revenue for the three months ended in Mar. 2026 was €820 Mil. Therefore, Keyera's OCF Margin % for the quarter that ended in Mar. 2026 was 24.76%.

As of today, Keyera's current OCF Yield % is 5.53%.

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

FRA:K2Y' s OCF Margin % Range Over the Past 10 Years
Min: 11.3   Med: 14.44   Max: 24.55
Current: 14.57


During the past 13 years, the highest OCF Margin % of Keyera was 24.55%. The lowest was 11.30%. And the median was 14.44%.

FRA:K2Y's OCF Margin % is ranked better than
51.21% of 906 companies
in the Oil & Gas industry
Industry Median: 13.93 vs FRA:K2Y: 14.57


Keyera OCF Margin % Related Terms


Keyera OCF Margin % Historical Data

* Premium members only.

The historical data trend for Keyera's OCF 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.

Keyera OCF Margin % Chart

Keyera Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.71 13.11 13.83 17.73 11.30

Keyera Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 9.39 9.06 9.69 17.11 24.76

FRA:K2Y vs WMB, EPD, KMI: OCF Margin % Comparison

For the Oil & Gas Midstream subindustry, Keyera's OCF Margin %, along with its competitors' market caps and OCF 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.


Keyera OCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Keyera's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Keyera's OCF Margin % falls into.


FRA:K2Y
80GF Score
Keyera Corp FRA:K2Y
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keyera OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Keyera's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=479.49/4243.082
=11.30 %

Keyera's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=203.024/820.027
=24.76 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 24.76% mean?
Keyera (FRA:K2Y) has a OCF Margin % of 24.76% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Keyera and its competitors. This is 71% above median its historical median of 14.44. Over the past decade, Keyera's OCF Margin % has ranged from 11.30 to 24.55. According to the industry distribution chart, Keyera ranks #442 out of 906 companies in the Oil & Gas industry, placing it in the top 48.8%.
Is Keyera's OCF Margin % too high?
Keyera's current OCF Margin % of 24.76% is 71% above median its 10-year median of 14.44. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 24.55. The Oil & Gas industry median OCF Margin % is 13.93. Keyera's value of 24.76% is 77.7% above this industry median. Based on the distribution chart, Keyera ranks #442 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Keyera has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyera's OCF Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Keyera ranks #442 out of 906 companies for OCF Margin %. This puts Keyera in the upper half of its industry. The industry median OCF Margin % is 13.93. Keyera's value of 24.76% is 77.7% above this benchmark. Historically, Keyera's own OCF Margin % has ranged from 11.30 to 24.55 over the past decade. While the company's 10-year median is 14.44 vs. the industry median of 13.93, Keyera has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.93, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keyera's current OCF Margin % of 24.76% is 77.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Keyera and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyera's current OCF Margin % is 24.76%, which is 71% above median its own 10-year median of 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyera stock overvalued right now?
Based on GuruFocus' analysis, Keyera (FRA:K2Y) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.62, compared to a current price of €34.80 — trading 41.3% above its estimated fair value. The current OCF Margin % is 24.76%, which is 71% above median its 10-year median of 14.44 and 77.7% above the Oil & Gas industry median of 13.93. Keyera's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Keyera (FRA:K2Y), the current OCF Margin % is 24.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Keyera (FRA:K2Y) Overvalued in 2026?

Based on GuruFocus' analysis, Keyera stock appears to be overvalued. The current stock price of €34.80 is trading 41.3% above its estimated GF Value™ of €24.62. GuruFocus considers Keyera to be Significantly Overvalued.

Key valuation signals for FRA:K2Y:

  • OCF Margin %: 24.76% (71% above median its 10-year median of 14.44)
  • GF Value™: €24.62 vs. price of €34.80 (41.3% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 77.7% above the Oil & Gas median (#442 of 906)

No single metric tells the full story. See the FRA:K2Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyera Business Description

Industry EnergyOil & Gas
Other Exchanges KEYUF:USAKEY:Canada
Address 144 - 4th Avenue SW, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4
Keyera Corp is a midstream energy business that operates out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of natural gas liquids, iso-octane, and crude oil. The company operates in three reportable segments namely Gathering and Processing, Liquids Infrastructure and Marketing where Liquids Infrastructure is the key revenue segment.
80GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€34.80
Price
€24.62
GF Value