Evergy, Inc.

Electric & Other Services Combined

EVRGStrained8 of 11 basics passed

$80.96

+0.55%

Market cap $18.7B

$80.96

+0.55%

Market cap $18.7B

Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission.

It is a $18.7B utility company. Revenue grew 3.6% over the last year, it keeps 15¢ of every dollar of sales as profit, and it carries $14.4B of net debt. It trades at 20.2× earnings — in the most expensive third of its own history.

Website: evergy.com
Location: Kansas City, MO
Employees: 4 691
Sector: Utilities

Share price · 3 years

$49.70 → $80.96+62.9%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $6.09B
Profit: keeps 15¢ of every $1 sold; $926M
Free cash flow: cash left after running the business; -$1.41B
Net debt: debt minus cash on hand; $14.4B
P/E: years of profit in the price; 20.2
EPS: earnings per share, TTM; $3.96
Dividend: pays out 67% of profit; 3.34%
Shares: up 9% since 2018 — dilution; 233.6M
Volatility: beta vs the market — under 1 swings less; 0.49

Revenue, last 8 years

52-week range

Low $72.31$80.96High $88.13

Today's price is 55% of the way from the year's low to its high.

P/E vs its history5y

20.2×median 18.0×

Higher than 83% of past days — in the most expensive third of its own history.

Valuation vs own history

P/E

20.2×

18%

P/S

3.1×

16%

EV/EBITDA

22.9×

P/B

1.8×

11%

Share of the last ~5 years that was pricier than today (unusually expensive vs its own history). Based on the daily valuation record.

Insider activity · 90 days

+$134Knet buying

Purchases$134K

Sales$0

Insiders trading, last 14d0 buy · 0 sell

Standing in Utilities

Size$18.7Btop 79%
Revenue growth+63%top 1%
Net margin14%top 53%
Return on equity9%top 79%
P/E20.2×top 48%
Dividend yield3.34%top 48%

Ranked against 44 Utilities companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation, Growth, Health and Moat lag behind.

Valuation25

P/E vs own history83th pct · 0/25
FCF yield-7.5% · 0/25
P/S13.7x · 5/25
EV/EBITDA12.6x · 20/25

Growth30

Revenue CAGR1.6% · 6/25
Net income CAGR-0.7% · 0/25
EPS CAGR ~5Y6.1% · 12/25
Fwd implied growth13.7% · 12/25

Profitability62

ROIC5.4% · 5/25
ROE9.1% · 12/25
Net margin15.2% · 20/25
Operating margin26.5% · 25/25

Health15

Altman Zn/a · 0/25
Current ratio0.36 · 0/25
Interest coverage2.4x · 10/25
Net cash / debtD/A 42% · 5/25

Quality60

Piotroski F4/9 · 10/25
Beneish M-2.68 · 25/25
FCF conversion-152% · 0/25
Margin stabilityσ 2.7% · 25/25

Moat31

ROIC >12% years0/8 yrs · 0/25
Median gross margin23.3% · 6/25
FCF-positive years3/8 yrs · 0/25
Worst-year net marginworst 12.5% · 25/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

Q3 2026Insiders
7 open-market insider purchases
~2K shares bought by insiders
FY2021Financial
Best year on record
$880M net income
FY2018Financial
Profitable every year on record
8 consecutive profitable years in our data
FY2018Financial
Revenue already above $1B
$4.28B in first reported year

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$12 311 today — price return only

$6.0B revenue in FY2025

Profitable 8 years in a row

4 691 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

No standout strengths in the available data.

Watch-outs

Negative free cash flow (-$1.4B)

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed

Revenue growing — the company sells more than a year ago+3.6% YoY
Profitable — makes more than it spends$926M TTM
Profit growing — earnings are higher than last year+3.9% YoY
Generates cash — cash left after running and investing-$1.41B TTM
Debt under control — could handle its obligationscurrent ratio 0.36
Established company — not a micro-cap — lower blow-up risk$18.7B market cap
Not printing shares — share count not ballooning — you keep your slice+2.7% shares over ~5y
Proven track record — years of profitability behind it8/8 profitable years
Financially stable — balance sheet not near distresshealth score 10/100
Pays a dividend — returns cash to shareholdersyield 3.34%
Valuation not extreme — price not wildly above earningsP/E 20.2

Peer comparisonEvergy, Inc. vs 6 largest utilities peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
EVRG this company	$18.7B	20.2	+3.6%	15.2%	Strained
NEE NextEra Energy, Inc.	$161.3B	17.4	+10.8%	32.4%	Strained
CEG Constellation Energy Corporation	$105.8B	30.5	+26.0%	11.1%	Strained
SO The Southern Company	$99.1B	21.3	+6.4%	15.4%	Strained
DUK Duke Energy Corporation	$90.9B	17.3	+6.3%	15.8%	Strained
WMB Williams Companies Inc.	$89.2B	29.0	+8.7%	25.2%	Strained
KMI Kinder Morgan, Inc.	$72.4B	20.9	+12.5%	19.3%	Strained

Head-to-head: EVRG vs NEE · EVRG vs CEG · EVRG vs SO

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 7Buy 6Hold 6

Appendix · Financial records

The full statements behind this CV, FY2018–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $6.09B · net income $926M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$6.09B

YoY 3.6%

Net income (TTM)

$926M

Margin 15.2%

Operating margin

26.5%

P/E ratio

20.2

Dividend yield

3.34%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	4.9	5.6	5.9	5.5	5.8	6.0
Gross profit	1.1	1.4	1.3	1.3	1.5	1.5
Operating income (EBIT)	1.1	1.4	1.3	1.3	1.5	1.5
Net income	0.6	0.9	0.8	0.7	0.9	0.9
EPS (diluted)	2.72	3.83	3.27	3.17	3.79	3.66

Cash flowFree cash flow -$1.41B · operating cash flow $1.98B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$1.41B

Margin -23.1%

Operating cash flow (TTM)

$1.98B

FCF margin

-23.1%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	1.8	1.4	1.8	2.0	2.0	2.0
Capital expenditure	-1.6	-2.0	-2.2	-2.3	-2.3	-2.8
Free cash flow	0.2	-0.6	-0.4	-0.4	-0.4	-0.8
FCF margin	3.9%	-11.1%	-6.2%	-6.4%	-6.0%	-12.6%

Balance sheetAssets $33.9B · net debt $14.4B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $33.9B of assets is financed

70%

30%

Liabilities $23.7B — borrowed moneyEquity $10.2B — owners' stake

Cash vs debt

Total debt $14.4B − cash $19.8M = net debt $14.4B

Cash on hand covers 0% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

2.4x

EBIT ÷ interest expense

ROE

9.1%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.1	0.0	0.0	0.0	0.0	0.0
Total assets	27.1	28.5	29.5	31.0	32.3	33.9
Total liabilities	18.4	19.3	20.0	21.3	22.3	23.7
Total debt	9.2	9.3	9.9	11.1	13.0	14.4
Equity	8.7	9.2	9.5	9.7	10.0	10.2
Net debt	9.0	9.3	9.9	11.0	13.0	14.4

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of EVRG on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $80.96 · market cap $18.7B.