Evergy Inc.

EVRG Utilities Utilities Regulated Electric

Evergy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, up 1.95% from fiscal 2024.

Revenue
+15.8%
EPS
+28.6%
Free cash flow
−62.2%
Total debt
+15.2%

Quarter to September 2026, against a year earlier

87.61 0.20 +0.23%
Market cap
$20.2B
P/E
18.9×
Fwd P/E
20.1×
Dividend yield
3.19%
F-score
4/9
Altman Z
0.80
Beneish M
−2.69
Dividend safety
38/100

Insider Decisions last twelve months

Bought, $m 0.13
Sold, $m 1.90
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — —
Sell — — 1 2 — 1 3 — — — — —
Insider Ownership 1.58%

Capital & Financial Ratios $m

Size
Market Cap 20,150.00
Revenue ttm 6,380.60
Net income ttm 1,076.00
Free cash flow ttm (1,545.90)
Net debt Q 15,027.90
Valuation
P/E 18.92
Forward P/E 20.10
Price / sales 3.16
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.82
Financial health
Current ratio Q 0.49 (below 1: weak)
Debt / equity Q 1.36
Interest coverage Q 4.81
Growth
Revenue growth Q +15.84% (above 0%: growing)
Operating income growth Q +22.78% (above 0%: growing)
EPS, this year +12.62%
EPS, next year A +5.81%
Revenue, next year A +5.83%
EPS, past 5 yrs +6.12%
EPS, next 5 yrs A +9.01%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 34.29%
10-year low 10-year high
P/S against its own 10 years 86.47%
10-year low 10-year high
P/B against its own 10 years 73.19%
10-year low 10-year high
EV/Sales against its own 10 years 94.79%
10-year low 10-year high

Dividends

Yield
3.19%
Annual rate
2.78
Payout ratio
61.8%
Growth, 2017–25
+6.75%/yr
  1. 1.60 ’17
  2. 1.74 ’18 +8
  3. 1.93 ’19 +11
  4. 2.05 ’20 +6
  5. 2.18 ’21 +6
  6. 2.33 ’22 +7
  7. 3.09 ’23 +33
  8. 2.60 ’24 −16
  9. 2.70 ’25 +4
  10. 2.79 ’26e +3
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 28 22 20 19
Receivables 610 658 624 —
Inventory 776 867 829 855
Other 324 226 265 360
1,789 1,839 1,816 2,265
2023 2024 2025 Q'26
Payables 617 614 654 709
ST’ Debt 800 652 367 1,495
Other 437 493 551 —
3,513 3,662 3,696 4,616

Compound Annual Growth %

10y 5y 3y
Sales 9.26% 3.94% 0.58%
Cash Flow 11.07% 3.12% 4.31%
Earnings 11.35% 6.71% 4.36%
Book Value 10.83% 3.33% 2.65%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.64 0.91 2.59 — —
’25 0.54 0.74 2.03 0.36 3.66
’24 0.53 0.90 2.02 0.34 3.79
’23 0.62 0.78 1.53 0.25 3.17
’22 0.53 0.84 1.86 0.03 3.27
’21 0.84 0.81 1.95 0.23 3.83
’20 0.31 0.59 1.60 0.22 2.72
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,444 1,500 2,097 — —
’25 1,375 1,437 1,810 1,340 5,962
’24 1,331 1,448 1,811 1,257 5,847
’23 1,297 1,354 1,669 1,188 5,508
’22 1,224 1,447 1,909 1,280 5,859
’21 1,612 1,236 1,617 1,122 5,587
’20 1,117 1,185 1,518 1,094 4,913
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 363 349 988 — —
’25 450 324 938 334 2,045
’24 317 318 953 396 1,984
’23 363 352 837 429 1,980
’22 265 324 889 324 1,802
’21 (29) 253 811 316 1,352
’20 321 202 899 332 1,754
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (489) (611) 85 — —
’25 (143) (303) 225 (530) (752)
’24 (301) (360) 427 (119) (353)
’23 (165) (224) 283 (248) (354)
’22 (260) (268) 391 (228) (365)
’21 (496) (170) 308 (262) (621)
’20 (34) (79) 477 (170) 194
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 24.6% a year for ten years.

Implied
24.6%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,562 2,571 4,276 5,148 4,913 5,587 5,859 5,508 5,847 5,962 6,381 +9.8% 6,309 6,680 7,112 +6.1%
Gross margin, % 71.03 69.30 68.69 70.54 72.28 66.93 63.40 67.37 68.35 68.96 0.00 (2.1) pt
EBT 539 481 600 773 724 1,001 805 752 908 891 1,119 +5.7%
EBT margin, % 21.05 18.71 14.02 15.01 14.73 17.92 13.74 13.65 15.53 14.95 17.53 (6.1) pt
Net income 361 337 546 686 630 892 765 744 886 868 1,076 +10.2%
Per share, $
Per share, $ Revenue 18.03 18.04 19.99 21.49 21.63 24.40 25.49 23.95 25.39 25.86 27.62 +4.1%
Earnings 2.43 2.27 2.50 2.80 2.72 3.84 3.27 3.18 3.79 3.71 4.61 +4.8%
Cash flow 5.66 6.40 7.00 7.30 7.72 5.90 7.84 8.61 8.61 8.87 8.80 +5.1%
Capex (7.65) (5.37) (5.00) (5.05) (6.87) (8.61) (9.42) (10.15) (10.15) (12.13) (15.49) +5.3%
Free cash flow (1.99) 1.04 2.00 2.25 0.85 (2.71) (1.59) (1.54) (1.53) (3.26) (6.69) +5.6%
Book value 26.98 27.09 46.71 35.68 38.37 40.36 41.29 42.11 43.37 44.55 47.90 +5.7%
Shares, m 142 143 214 240 227 229 230 230 230 231 231 +5.5%
Valuation, ×
Valuation, × P/E 23.03 23.41 23.95 23.25 20.41 17.87 19.24 16.80 16.24 19.54 18.92 20.4
P/S 3.12 2.95 2.84 3.03 2.57 2.81 2.47 2.23 2.42 2.80 3.16 2.7
P/B 2.08 1.96 1.22 1.82 1.45 1.70 1.52 1.27 1.42 1.63 1.82 1.6
EV/Sales 4.68 4.42 4.54 4.78 4.50 4.54 4.23 4.38 4.55 5.05 5.51 4.6
EV/FCF (42.38) 76.75 45.33 45.68 114.28 (40.87) (67.98) (68.16) (75.41) (40.04) (22.75) (5.3)
Cash, $m
Cash, $m Operating cash flow 804 913 1,498 1,749 1,754 1,352 1,802 1,980 1,984 2,045 2,033 +10.9%
Capex (1,087) (765) (1,070) (1,210) (1,560) (1,972) (2,166) (2,334) (2,337) (2,797) (3,579) +11.1%
Free cash flow (283) 148 428 539 194 (621) (365) (354) (353) (752) (1,546) +11.5%
Balance, $m
Balance, $m Working capital (279) (97) (1,186) (868) (731) (1,393) (1,652) (1,723) (1,823) (1,880) (2,350) +23.6%
Net debt 4,015 3,794 7,263 9,026 9,501 9,661 10,320 11,826 12,439 13,386 15,028 +14.3%
Shareholders’ equity 3,833 3,860 9,991 8,545 8,719 9,242 9,493 9,685 9,989 10,268 11,064 +11.6%
Returns, %
Returns, % ROA 3.12 2.80 2.88 2.60 2.33 3.16 2.60 2.42 2.76 2.58 3.05 (0.5) pt
ROIC 5.59 5.54 3.38 4.22 3.92 4.48 4.00 3.73 4.09 4.05 4.18 (1.5) pt
ROE 9.24 8.42 7.74 7.23 7.16 9.80 8.04 7.63 8.88 8.45 9.94 (0.8) pt
People
People Employees 2,254 2,205 4,832 4,617 5,133 4,930 4,512 4,658 4,731 4,691 — +8.5%
Revenue/emp, $m 1.14 1.17 0.88 1.11 0.96 1.13 1.30 1.18 1.24 1.27 — +1.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Evergy is a public utility holding company headquartered in Kansas City, Missouri. It provides electricity to homes, businesses, industrial customers, municipalities and other electric utilities in Kansas and Missouri. David A. Campbell is its chairman, president and chief executive officer. Evergy, Inc. was incorporated in 2017.

Its operating utilities generate electricity, move it over transmission lines, distribute it through local networks and sell it to customers. Evergy Kansas Central serves Kansas; Evergy Metro serves parts of Missouri and Kansas; and Evergy Missouri West serves Missouri. Evergy also has interests in transmission ventures that develop projects or provide transmission service.

Evergy Inc. vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FE FirstEnergy Corporation $27.3B 22.6× 17.1× +9.86% (above 0%: growing) +26.32% (above 0%: growing) −44.47% (below 0%: shrinking) 63.57% 20.52% Compare
ES Eversource Energy $27.1B 18.6× 15.6× +2.29% (above 0%: growing) −85.42% (below 0%: shrinking) +398.93% (above 0%: growing) 67.64% 18.63% Compare
PPL PPL Corporation $27.1B 21.2× 18.7× +4.25% (above 0%: growing) +24.00% (above 0%: growing) −112.80% (below 0%: shrinking) 71.67% 22.50% Compare
CNP CenterPoint Energy, Inc. $26.5B 22.8× 23.3× +10.21% (above 0%: growing) +11.29% (above 0%: growing) −27.29% (below 0%: shrinking) 91.42% 30.44% Compare
EIX Edison International $23.4B 6.5× 9.9× −15.03% (below 0%: shrinking) −12.96% (below 0%: shrinking) +41.59% (above 0%: growing) 65.47% 20.06% Compare
CMS CMS Energy Corporation $22.2B 33.3× 19.2× +8.02% (above 0%: growing) n/m +26.30% (above 0%: growing) 63.03% 2.15% Compare
EVRG Evergy Inc. $20.2B 18.9× 20.1× +15.84% (above 0%: growing) +28.64% (above 0%: growing) −62.16% (below 0%: shrinking) 0.00% 38.56%
LNT Alliant Energy Corporation $19.1B 20.3× 20.8× +6.20% (above 0%: growing) +40.37% (above 0%: growing) −103.43% (below 0%: shrinking) 81.71% 30.27% Compare
KEP Korea Electric Power Corporation $14.3B 2.6× 4.1× −0.14% (below 0%: shrinking) −77.78% (below 0%: shrinking) −689.05% (below 0%: shrinking) 8.72% 5.15% Compare
Median of peers $25.0B 20.7× 17.9× +5.23% +11.29% −35.88% 66.56% 20.29%

All 39 Utilities Regulated Electric stocks →

Largest institutional holders 13F, quarter to 30 June 2026

Holder Shares Stake Change
Vanguard 28.51m — −801.23k
BlackRock 28.00m — +2.51m
State Street 16.87m — +410.57k
Fidelity (FMR) 8.56m — −1.40m
Invesco 7.37m — −50.56k
Geode Capital Management 6.65m — +117.15k
Franklin Templeton 6.54m — +255.24k
Morgan Stanley 3.97m — −802.47k
FEDERATED HERMES, INC. 3.71m — +1.84k
COHEN & STEERS, INC. 3.00m — +830.99k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Evergy Inc. (EVRG) Latest News

28 Oct

Impact 3 · · Simply Wall St.

27 Oct

Impact 3 · · Simply Wall St.

24 Sep

Impact 3 · · Barchart

13 Aug

Impact 3 · · The Motley Fool transcript

11 Aug

6 Aug

Impact 3 · · Moby transcript
Impact 3 · · MarketBeat

21 Jul

Impact 3 · · Barchart

9 Jul

9 May

Impact 3 · · Insider Monkey

7 May

Impact 3 · · MarketBeat

EVRG metrics, ten years each

stockrow.com/EVRG · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com