Evergy Inc. (EVRG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.8	$0.88	+10.0%	—	$1.5B	—
Q1 26	$0.61	$0.69	+13.1%	—	$1.4B	—
Q4 25	$0.55	$0.42	-23.6%	—	$1.3B	—
Q3 25	$2.06	$2.03	-1.5%	—	$1.8B	—
Q2 25	$0.77	$0.82	+6.5%	—	$1.4B	—
Q1 25	$0.67	$0.54	-19.4%	—	$1.4B	—
Q4 24	$0.37	$0.35	-5.4%	—	$1.3B	—
Q3 24	$1.94	$2.02	+4.1%	—	$1.8B	—
Q2 24	$0.89	$0.9	+1.1%	—	$1.4B	—
Q1 24	$0.64	$0.54	-15.6%	—	$1.3B	—
Q4 23	$0.28	$0.27	-3.6%	—	$1.2B	—
Q3 23	$1.84	$1.88	+2.2%	—	$1.7B	—
Q2 23	$0.77	$0.81	+5.2%	—	$1.4B	—
Q1 23	$0.58	$0.59	+1.7%	—	$1.3B	—
Q4 22	$0.27	$0.3	+11.1%	—	$1.3B	—
Q3 22	$1.89	$2.01	+6.3%	—	$1.9B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.71	—	—	$6B	—
FY24	—	$3.79	—	—	$5.8B	—
FY23	—	$3.18	—	—	$5.5B	—
FY22	—	$3.27	—	—	$5.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.6B	$2.6B	$4.3B	$5.1B	$4.9B	$5.6B	$5.9B	$5.5B	$5.8B	$6B
YoY change	+4.19%	+0.35%	+66.3%	+20.4%	-4.55%	+13.7%	+4.88%	-5.99%	+6.16%	+1.95%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.6B	2.6B	4.3B	5.1B	4.9B	5.6B	5.9B	5.5B	5.8B	6B
Cost of revenue	1.3B	1.4B	2.5B	2.7B	2.5B	3B	3.2B	2.7B	2.8B	2.8B
Gross profit	1.2B	1.2B	1.8B	2.4B	2.4B	2.6B	2.6B	2.8B	3B	3.1B
Gross margin	48.1%	47.4%	42.6%	46.9%	48.6%	47.1%	44.9%	50.2%	51.9%	52.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	261.5M	249.6M	—	—	—	—	—	—	—	—
Operating expenses	300.1M	288.7M	78.7M	76.9M	78.2M	87.4M	97.3M	75.1M	—	—
Operating income	702.4M	678.8M	933.6M	1.2B	1.1B	1.4B	1.3B	1.3B	1.5B	1.5B
Operating margin	27.4%	26.4%	21.8%	23%	23.3%	24.3%	22.2%	23.3%	25.1%	25.7%
Non-operating income, net	-1.5M	-26.8M	-54.4M	-39M	-36.1M	18.8M	-92.9M	-4.8M	3.1M	-25.6M
Pretax income	539.2M	481M	599.6M	772.8M	723.9M	1B	805.2M	751.8M	908M	891M
Income tax	184.5M	151.2M	59M	97M	102.2M	117.4M	47.5M	15.6M	30M	29.9M
Net income	361.2M	336.5M	546M	685.6M	630M	891.9M	765M	743.6M	885.8M	867.9M
Net margin	14.1%	13.1%	12.8%	13.3%	12.8%	16%	13.1%	13.5%	15.1%	14.6%
EBITDA	1.1B	1.1B	1.5B	2B	2B	2.3B	2.2B	2.4B	2.6B	2.8B
EPS	2.43	2.27	2.5	2.8	2.72	3.84	3.27	3.18	3.79	3.71
Diluted EPS	2.43	2.27	2.5	2.79	2.72	3.83	3.27	3.17	3.79	3.66

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.7B	1.2B	1.3B	1.4B	1.8B	1.3B	1.4B	1.4B	1.8B	1.3B	1.4B	1.5B
Cost of revenue	807M	636.2M	680.6M	696.7M	785M	650.4M	683.7M	700.4M	756.6M	705M	712.8M	708.2M
Gross profit	862.3M	551.7M	650.4M	750.8M	1B	607M	690.8M	736.6M	1.1B	635.2M	730.9M	791.9M
Gross margin	51.7%	46.4%	48.9%	51.9%	56.7%	48.3%	50.3%	51.3%	58.2%	47.4%	50.6%	52.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	5.9M	—	4.6M	6.3M	5.9M	—	—	4.7M	6.4M	—	6.3M	4.3M
Operating expenses	18.7M	20M	9.5M	6.8M	5.9M	—	—	4.7M	6.4M	—	6.3M	4.3M
Operating income	480M	180.6M	260.2M	351.8M	621.6M	238.9M	291.6M	339.1M	652.1M	255.9M	312.1M	376.3M
Operating margin	28.8%	15.2%	19.5%	24.3%	34.3%	19%	21.2%	23.6%	36%	19.1%	21.6%	25.1%
Non-operating income, net	18.6M	-5.8M	4.3M	7.3M	8.9M	-21.9M	-3M	-2.7M	2M	-27.7M	18M	22.6M
Pretax income	361.8M	42.6M	131.3M	215.5M	486.6M	74.6M	136.1M	182.6M	502.1M	70.2M	155.6M	233M
Income tax	8.8M	-16.4M	7.3M	7.4M	20M	-4.7M	9.6M	10M	26M	-15.7M	3.4M	16.4M
Net income	354.6M	61.1M	125.8M	210.1M	468.6M	81.3M	128.1M	174.4M	478M	87.4M	154.6M	218.1M
Net margin	21.2%	5.14%	9.45%	14.5%	25.9%	6.47%	9.32%	12.1%	26.4%	6.52%	10.7%	14.5%
EBITDA	781.9M	453.1M	551M	645.3M	928.6M	512.1M	590.8M	661.9M	957.1M	550.6M	650.5M	709.6M
EPS	1.53	—	0.53	0.9	2.02	—	0.54	0.74	2.06	—	0.66	0.93
Diluted EPS	1.53	—	0.53	0.9	2.02	—	0.54	0.74	2.03	—	0.64	0.91

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	8B	7.5B	—	—	12.6B	15.7B	14.5B	12B	14.2B	16.7B	18B
Enterprise value	12B	11.6B	—	—	22.8B	26.9B	26.5B	25.1B	28.2B	31.9B	34.5B
Shares outstanding	142.1M	142.5M	213.9M	239.5M	227.2M	229M	229.9M	230M	230.3M	230.5M	230.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.2	22.4	—	—	20	17.6	18.9	16.1	16	19.3	19.7
P/S	3.12	2.93	—	—	2.57	2.81	2.47	2.18	2.42	2.8	2.94
P/B	2.09	1.95	—	—	1.45	1.7	1.52	1.24	1.42	1.63	1.75
EV/EBITDA	11.3	11	—	—	11.2	11.9	11.9	10.5	10.7	11.6	12.2
EV/Sales	4.69	4.51	—	—	4.64	4.81	4.52	4.56	4.83	5.35	5.67
Earnings yield	4.51%	4.47%	—	—	5%	5.68%	5.29%	6.19%	6.25%	5.19%	5.07%
FCF yield	-3.54%	1.97%	—	—	1.53%	-3.95%	-2.52%	-2.95%	-2.49%	-4.5%	-8.03%
PEG	—	—	—	—	—	—	—	—	—	—	0.77

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	48.1%	47.4%	42.6%	46.9%	48.6%	47.1%	44.9%	50.2%	51.9%	52.3%	52.8%
Operating margin	27.4%	26.4%	21.8%	23%	23.3%	24.3%	22.2%	23.3%	25.1%	25.7%	25.2%
Net margin	14.1%	13.1%	12.8%	13.3%	12.8%	16%	13.1%	13.5%	15.1%	14.6%	15.2%
ROE	9.42%	8.72%	5.47%	8.02%	7.23%	9.65%	8.06%	7.68%	8.87%	8.45%	9.25%
ROA	3.14%	2.89%	2.13%	2.64%	2.32%	3.13%	2.59%	2.4%	2.74%	2.56%	2.91%
ROIC	5.89%	5.87%	4.59%	5.61%	5.2%	5.87%	5.7%	5.51%	5.91%	5.82%	5.78%
Return on tangible assets	3.14%	2.89%	2.61%	3.22%	2.81%	3.74%	3.08%	2.83%	3.21%	2.96%	3.06%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.73	0.88	0.59	0.63	0.69	0.55	0.53	0.51	0.5	0.49	0.36
Quick ratio	0.45	0.53	0.41	0.42	0.48	0.37	0.33	0.29	0.27	0.27	0.21
Debt / equity	1.05	1.06	0.85	1.16	1.18	1.21	1.27	1.36	1.41	1.48	1.61
Debt / assets	0.35	0.35	0.33	0.38	0.38	0.39	0.41	0.42	0.44	0.45	0.47
Net debt / EBITDA	3.78	3.87	5.46	4.84	5	4.93	5.41	5.5	5.33	5.5	5.75
Interest coverage	4.33	3.81	3.14	3.07	2.89	3.69	2.99	2.43	2.61	2.45	2.48
Effective tax rate	34.2%	31.4%	9.84%	12.6%	14.1%	11.7%	5.9%	2.08%	3.3%	3.36%	3.13%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	18	18	20	21.5	21.6	24.4	25.5	23.9	25.4	25.9	26.4
EPS (basic)	2.43	2.27	2.5	2.8	2.72	3.84	3.27	3.18	3.79	3.71	3.71
EPS (diluted)	2.43	2.27	2.5	2.79	2.72	3.83	3.27	3.17	3.79	3.66	3.93
Book value per share	27	27.1	46.7	35.7	38.4	40.4	41.3	42.1	43.4	44.5	44.3
FCF per share	-1.99	1.04	2	2.25	0.85	-2.71	-1.59	-1.54	-1.53	-3.26	-5.94
Cash per share	0.02	0.02	0.75	0.1	0.64	0.11	0.11	0.12	0.1	0.09	0.1
Capex per share	7.65	5.37	5	5.05	6.87	8.61	9.42	10.1	10.1	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	42.4%	29.7%	25%	23.5%	31.8%	35.3%	37%	42.4%	40%	—	—
Capex / operating cash flow	125.9%	87.5%	62.6%	70.2%	89.7%	121.9%	124.1%	125.5%	127.5%	—	—
Payout ratio	56.6%	66.3%	87%	67.5%	73.8%	55.8%	69.9%	76.6%	67.4%	70.6%	70%
Dividend yield	2.55%	2.97%	—	—	3.69%	3.17%	3.7%	4.74%	4.21%	3.67%	3.57%

Yield

3.57%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.695

ex-dividend Aug 18, 2026

Payout ratio

70%

of earnings

Dividend growth

22 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 18, 2026	$0.695
May 22, 2026	$0.695
Mar 10, 2026	$0.695

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.7B	$1.2B	$1.3B	$1.4B	$1.8B	$1.3B	$1.4B	$1.4B	$1.8B	$1.3B	$1.4B	$1.5B
YoY change	-12.6%	-7.17%	+2.64%	+6.89%	+8.51%	+5.85%	+3.27%	-0.73%	-0.08%	+6.59%	+5.03%	+4.39%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	3.1M	3.4M	160.3M	23.2M	144.9M	26.2M	25.2M	27.7M	22M	19.8M
Receivables	288.6M	165.4M	16.7M	7.2M	5.3M	13.7M	8.9M	2.6M	2.7M	10M
Inventory	300.1M	293.6M	511M	481.6M	504.5M	566.7M	672.9M	776.2M	867.4M	828.9M
Total current assets	768.4M	727M	1.7B	1.5B	1.6B	1.7B	1.8B	1.8B	1.8B	1.8B
Property, plant & equipment	-3.8B	-4.4B	-9.1B	-9.6B	-9.9B	-10.3B	-11B	-11.6B	-12.3B	-12.7B
Goodwill & intangibles	—	0	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B
Total assets	11.5B	11.6B	25.6B	26B	27.1B	28.5B	29.5B	31B	32.3B	33.9B
Accounts payable	220.5M	204.2M	451.5M	528.8M	654M	639.7M	600.8M	616.9M	613.8M	654.3M
Short-term debt	518.5M	304.2M	1.8B	1.2B	1.1B	1.9B	2.1B	2.1B	2.3B	2.2B
Total current liabilities	1B	823.7M	2.9B	2.3B	2.4B	3.1B	3.5B	3.5B	3.7B	3.7B
Long-term debt	3.5B	3.8B	6.7B	8.8B	9.2B	9.3B	9.9B	11.1B	11.8B	13B
Total liabilities	7.7B	7.8B	15.6B	17.4B	18.4B	19.3B	20B	21.3B	22.3B	23.7B
Shareholders' equity	3.8B	3.9B	10B	8.5B	8.7B	9.2B	9.5B	9.7B	10B	10.3B
Total debt	4B	4.1B	8.5B	9.9B	10.3B	11.2B	12B	13.1B	14.1B	15.2B
Net debt	4B	4.1B	8.4B	9.9B	10.2B	11.1B	12B	13.1B	14B	15.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	41M	27.7M	63.7M	26.1M	34.6M	22M	35.3M	27.8M	27.5M	19.8M	18.4M	21.8M
Receivables	15.7M	2.6M	0	7.4M	22.2M	2.7M	8.7M	2.1M	21.6M	10M	6.7M	12.7M
Inventory	739.9M	776.2M	800.7M	806.7M	818.9M	867.4M	867.7M	845.7M	817M	828.9M	853.6M	867.5M
Total current assets	1.9B	1.8B	1.8B	2B	2B	1.8B	1.8B	1.9B	1.9B	1.8B	1.9B	2.1B
Property, plant & equipment	-11.1B	-11.6B	-11.7B	-11.9B	-12.1B	-12.3B	-12.8B	-12.9B	-12.8B	-12.7B	-12.5B	-12.3B
Goodwill & intangibles	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B	4.7B
Total assets	30.6B	31B	31.3B	31.8B	32.1B	32.3B	32.5B	32.9B	33.4B	33.9B	34.5B	35.4B
Accounts payable	418M	616.9M	356.7M	374.3M	366.3M	613.8M	368.2M	387.8M	344.9M	654.3M	431.8M	530.2M
Short-term debt	3.5B	2.1B	2B	2.1B	2.3B	2.3B	2B	2.4B	2.3B	2.2B	2.7B	4.2B
Total current liabilities	4.8B	3.5B	3.2B	3.3B	3.6B	3.7B	3.3B	3.7B	3.7B	3.7B	4.2B	5.8B
Long-term debt	9.3B	11.1B	11.7B	12B	11.6B	11.8B	12.4B	12.4B	12.4B	13B	13.1B	12.3B
Total liabilities	20.8B	21.3B	21.6B	22.1B	22.1B	22.3B	22.5B	22.9B	23.1B	23.7B	24.3B	25.1B
Shareholders' equity	9.8B	9.7B	9.7B	9.7B	10.1B	10B	10B	10B	10.3B	10.3B	10.2B	10.3B
Total debt	12.8B	13.1B	13.6B	14.1B	13.8B	14.1B	14.4B	14.8B	14.7B	15.2B	15.9B	16.5B
Net debt	12.7B	13.1B	13.6B	14B	13.8B	14B	14.4B	14.8B	14.7B	15.2B	15.9B	16.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	361.2M	336.5M	546M	685.6M	630M	891.9M	765M	743.6M	885.8M	867.9M
Depreciation & amortization	365.2M	403.9M	662.4M	913.1M	938.4M	947.8M	984.9M	1.1B	1.2B	1.2B
Stock-based compensation	9.3M	8.8M	29.9M	16.3M	16M	15.6M	18.8M	17.7M	15.2M	20.7M
Change in working capital	-55M	-32.3M	334.4M	-5.4M	24.7M	-308.4M	-37.7M	-6.2M	-221.4M	-114.5M
Operating cash flow	863.3M	873.7M	1.7B	1.7B	1.7B	1.6B	1.7B	1.9B	1.8B	2B
Capital expenditure	-1.1B	-764.6M	-1.1B	-1.2B	-1.6B	-2B	-2.2B	-2.3B	-2.3B	—
Investing cash flow	-994.1M	-780.8M	197.4M	-1.1B	-1.5B	-1.9B	-2.2B	-2.5B	-2.3B	226.8M
Dividends paid	-204.3M	-223.1M	-475M	-462.5M	-465M	-497.9M	-534.8M	-569.6M	-596.7M	-613.1M
Share repurchases	0	0	-1B	-1.6B	0	0	—	—	—	—
Financing cash flow	192.6M	-130.9M	-1.5B	-805.8M	-98.4M	402.4M	349.3M	-404.9M	280.3M	522M
Net change in cash	61.8M	-38M	366.7M	-162.5M	106.4M	106.9M	-57.7M	-1B	-149.2M	2.8B
Free cash flow	-283.2M	148.1M	428.1M	538.9M	193.5M	-620.8M	-364.6M	-353.8M	-352.9M	-751.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	354.6M	61.1M	125.8M	210.1M	468.6M	81.3M	128.1M	174.4M	478M	87.4M	154.6M	218.1M
Depreciation & amortization	289.5M	286M	291.8M	288.8M	298M	291.9M	304.3M	304.6M	304.7M	304.5M	322M	321.3M
Stock-based compensation	2.5M	3.7M	3.9M	4.2M	3.4M	3.7M	4.5M	6.8M	5.3M	4.1M	5.6M	7.6M
Change in working capital	36.5M	273.9M	-187.8M	-230.6M	-19.6M	215.2M	-65.6M	-281M	3.7M	169M	-204.3M	-199.5M
Operating cash flow	689M	579.8M	220M	267M	785.1M	558.8M	366.2M	323.9M	937.7M	334M	362.5M	348.6M
Capital expenditure	-553.7M	-676.1M	-618.6M	-677.5M	-526.3M	-514.2M	-592.8M	—	—	—	—	—
Investing cash flow	-484.5M	-679.8M	-583.2M	-686.9M	-520.2M	-471.5M	-598.9M	-9.2M	45.7M	196.4M	95.3M	88M
Dividends paid	-140.7M	-147.6M	-147.7M	-147.7M	-147.8M	-153.5M	-153.6M	-151M	-151.1M	-157.4M	-157.6M	-157.7M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-342.4M	-660.9M	303.6M	339.5M	-411.9M	49.1M	171.6M	295.4M	-262.5M	317.5M	400.7M	517M
Net change in cash	-137.9M	-760.9M	-59.6M	-80.4M	-147M	136.4M	-61.1M	610.1M	720.9M	847.9M	858.5M	953.6M
Free cash flow	282.8M	-247.6M	-301.3M	-360M	427M	-118.6M	-143.2M	-303.4M	225.4M	-530.5M	-489.4M	-611.3M

Evergy Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history