Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.0B | $2.7B | $856M | $-752M | 8.4% | 2.0% | -2.0% |
| 2024 | $5.8B | $2.6B | $874M | $-353M | 8.8% | 6.2% | 19.4% |
| 2023 | $5.5B | $2.4B | $731M | $-354M | 7.6% | -6.0% | -2.8% |
| 2022 | $5.9B | $2.2B | $753M | $-365M | 7.9% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,859.10 | 5,508.20 | 5,847.30 | 5,961.60 |
| Cost Of Revenue | - | 3,229.50 | 2,742.70 | 2,812.70 | 2,845.70 |
| Gross Profit | - | 2,629.60 | 2,765.50 | 3,034.60 | 3,115.90 |
| Operating Expense | - | 1,327.50 | 1,483.10 | 1,566.60 | 1,583 |
| Operating Income | - | 1,302.10 | 1,282.40 | 1,468 | 1,532.90 |
| EBITDA | - | 2,194.10 | 2,416.50 | 2,641.60 | 2,725.40 |
| EBIT | - | 1,209.20 | 1,277.60 | 1,471.10 | 1,507.30 |
| Pretax Income | - | 805.20 | 751.80 | 908 | 891 |
| Tax Provision | - | 47.50 | 15.60 | 30 | 29.90 |
| Net Income | - | 752.70 | 731.30 | 873.50 | 855.60 |
| Net Income Common Stockholders | - | 752.70 | 731.30 | 873.50 | 855.60 |
| Total Expenses | - | 4,557 | 4,225.80 | 4,379.30 | 4,428.70 |
| Interest Expense | - | 404 | 525.80 | 563.10 | 616.30 |
| Normalized EBITDA | - | 2,219.60 | 2,386.80 | 2,637 | 2,760.40 |
| Normalized Income | - | 776.72 | 702.19 | 869.05 | 889.44 |
| Market Cap | 18,705.98 | 18,705.98 | 18,705.98 | 18,705.98 | 18,705.98 |
Utilities sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Evergy, Inc.this co. | EVRG | $18.7B | 21.86 | 1.83 | 8.4% | 12.43 |
| Edison International | EIX | $28.0B | 5.64 | 1.55 | 27.5% | 6.31 |
| CenterPoint Energy, Inc. | CNP | $27.7B | 26.41 | 2.49 | 9.4% | 13.78 |
| American Water Works Company, Inc. | AWK | $25.9B | 23.28 | 2.39 | 10.3% | 14.22 |
| Eversource Energy | ES | $25.5B | 15.24 |
| - |
| - |
| - |
| - |
| 1.59 |
| 10.4% |
| 10.16 |
| CMS Energy Corporation | CMS | $23.6B | 21.93 | 2.63 | 12.0% | 12.49 |
| NiSource Inc. | NI | $22.8B | 24.71 | 2.43 | 9.8% | 12.83 |
| Alliant Energy Corporation | LNT | $18.6B | 23.06 | 2.55 | 11.0% | 15.17 |
| Pinnacle West Capital Corporation | PNW | $12.2B | 20.08 | 1.76 | 8.7% | 12.52 |
| Peer Median | - | 22.50 | 2.41 | 10.4% | 12.67 | |