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. In the quarter to June 2026, revenue grew 4.39%, EPS grew 25.7%, free cash flow fell 101.5% and total debt rose 5.83%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

83.30 1.73 +2.12%
Market cap
$18.8B
P/E
20.7×
Fwd P/E
19.6×
Dividend yield
3.34%
F-score
4/9
Altman Z
0.80
Beneish M
−2.69
Dividend safety
38/100

Insider Decisions trades per month

Total buys 0.13
Total sells 1.90
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — 1 —
Sell — — — 1 2 — 1 3 — — — —
Insider Ownership 1.53%

Capital & Financial Ratios $m

Market Cap 18,800.00
Revenue 6,093.90
Net Income 938.10
Free Cash Flow (1,405.80)
Net Debt 13,789.20
Current Ratio 0.36 (below 1: weak)
Debt/Equity 1.34
P/E ratio 20.72
Fwd P/E 19.60
P/S ratio 3.16
P/B ratio 1.87
Past 5Y EPS Growth 6.12%
This Y EPS Growth 11.35%
Next Y EPS Growth 6.89%
Next Y revenue growth 5.46%
Next 5Y EPS Growth 9.02%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 52.30%
10-year low 10-year high
P/S against its own 10 years 86.36%
10-year low 10-year high
P/B against its own 10 years 78.03%
10-year low 10-year high
EV/Sales against its own 10 years 93.07%
10-year low 10-year high

Dividends

Payout Ratio 0.71
Annual Dividend Rate 2.78
Annual Dividend Yield 3.34%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.77
0.70
0.70
0.70
2025 2.70
0.67
0.67
0.67
0.70
2024 2.60
0.64
0.64
0.64
0.67
2023 3.09
0.61
0.61
0.61
0.61
0.64
2022 2.33
0.57
0.57
0.57
0.61
2021 2.18
0.54
0.54
0.54
0.57
2020 2.05
0.51
0.51
0.51
0.54
2019 1.93
0.48
0.48
0.48
0.51
2018 1.74
0.40
0.40
0.46
0.48
2017 1.60
0.40
0.40
0.40
0.40
2016 1.52
0.38
0.38
0.38
0.38
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 28 22 20 22
Receivables 610 658 624 757
Inventory 776 867 829 868
Other 324 226 265 341
1,789 1,839 1,816 2,065
2023 2024 2025 Q'26
Payables 617 614 654 530
ST’ Debt 800 652 367 1,495
Other 437 493 551 631
3,513 3,662 3,696 5,751

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%

Revenue $m

Mar Jun Sep Dec Year
’26 1,444 1,500 — — —
’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 — — —
’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) — — —
’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.

EPS $

Mar Jun Sep Dec Year
’26 0.64 0.91 — — —
’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.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 40.01 49.20 47.06 54.57 42.01 51.92 54.12 46.92 48.04 59.67

Analyst estimates 2026–2028

Powerpack
High 57.50 57.32 61.10 67.81 76.57 69.45 73.13 65.39 65.47 79.32
People
People Employees 2,254 2,205 4,832 4,617 5,133 4,930 4,512 4,658 4,731 4,691
Revenue/emp, $m 1.14 1.17 0.88 1.11 0.96 1.13 1.30 1.18 1.24 1.27
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
Gross margin, % 71.03 69.30 68.69 70.54 72.28 66.93 63.40 67.37 68.35 68.96
EBT 539 481 600 773 724 1,001 805 752 908 891
EBT margin, % 21.05 18.71 14.02 15.01 14.73 17.92 13.74 13.65 15.53 14.95
Net income 361 337 546 686 630 892 765 744 886 868
Depreciation 396 441 706 958 984 997 1,032 1,182 1,212 1,256
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
Earnings 2.43 2.27 2.50 2.80 2.72 3.84 3.27 3.18 3.79 3.71
Cash flow 5.66 6.40 7.00 7.30 7.72 5.90 7.84 8.61 8.61 8.87
Capex (7.65) (5.37) (5.00) (5.05) (6.87) (8.61) (9.42) (10.15) (10.15) (12.13)
Free cash flow (1.99) 1.04 2.00 2.25 0.85 (2.71) (1.59) (1.54) (1.53) (3.26)
Book value 26.98 27.09 46.71 35.68 38.37 40.36 41.29 42.11 43.37 44.55
Shares, m 142 143 214 240 227 229 230 230 230 231
Valuation, ×
Valuation, × P/E 23.03 23.41 23.95 23.25 20.41 17.87 19.24 16.80 16.24 19.54
P/S 3.12 2.95 2.84 3.03 2.57 2.81 2.47 2.23 2.42 2.80
P/B 2.08 1.96 1.22 1.82 1.45 1.70 1.52 1.27 1.42 1.63
EV/Sales 4.68 4.42 4.54 4.78 4.50 4.54 4.23 4.38 4.55 5.05
EV/FCF (42.38) 76.75 45.33 45.68 114.28 (40.87) (67.98) (68.16) (75.41) (40.04)
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
Capex (1,087) (765) (1,070) (1,210) (1,560) (1,972) (2,166) (2,334) (2,337) (2,797)
Free cash flow (283) 148 428 539 194 (621) (365) (354) (353) (752)
Balance, $m
Balance, $m Working capital (279) (97) (1,186) (868) (731) (1,393) (1,652) (1,723) (1,823) (1,880)
Total debt 4,018 3,798 7,423 9,049 9,646 9,687 10,345 11,853 12,461 13,406
Net debt 4,015 3,794 7,263 9,026 9,501 9,661 10,320 11,826 12,439 13,386
Shareholders’ equity 3,833 3,860 9,991 8,545 8,719 9,242 9,493 9,685 9,989 10,268
Returns, %
Returns, % ROA 3.12 2.80 2.88 2.60 2.33 3.16 2.60 2.42 2.76 2.58
ROIC 5.59 5.54 3.38 4.22 3.92 4.48 4.00 3.73 4.09 4.05
ROE 9.24 8.42 7.74 7.23 7.16 9.80 8.04 7.63 8.88 8.45
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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 $26.4B 24.6× 16.8× +8.82% (above 0%: growing) +8.70% (above 0%: growing) −143.84% (below 0%: shrinking) 64.30% 18.41% Compare
CNP CenterPoint Energy, Inc. $26.2B 23.9× 22.8× +10.70% (above 0%: growing) +23.33% (above 0%: growing) −4.04% (below 0%: shrinking) 86.94% 24.81% Compare
PPL PPL Corporation $26.0B 20.7× 18.6× +4.25% (above 0%: growing) +24.00% (above 0%: growing) −112.80% (below 0%: shrinking) 71.67% 22.50% Compare
ES Eversource Energy $24.9B 17.3× 15.4× +2.29% (above 0%: growing) −85.42% (below 0%: shrinking) +398.93% (above 0%: growing) 67.64% 18.63% Compare
EIX Edison International $21.4B 5.7× 12.2× −4.09% (below 0%: shrinking) +56.18% (above 0%: growing) +30.60% (above 0%: growing) 73.90% 25.06% Compare
CMS CMS Energy Corporation $21.0B 20.7× 18.6× −0.49% (below 0%: shrinking) −43.94% (below 0%: shrinking) +26.60% (above 0%: growing) 63.09% 14.43% Compare
EVRG Evergy Inc. $18.8B 20.7× 19.6× +4.39% (above 0%: growing) +25.68% (above 0%: growing) −101.48% (below 0%: shrinking) 70.18% 25.37%
LNT Alliant Energy Corporation $17.4B 21.6× 21.2× +1.04% (above 0%: growing) −2.94% (below 0%: shrinking) −106.25% (below 0%: shrinking) 82.60% 19.05% Compare
KEP Korea Electric Power Corporation $13.7B 2.5× 3.8× −0.14% (below 0%: shrinking) −77.78% (below 0%: shrinking) −689.05% (below 0%: shrinking) 8.72% 5.15% Compare
Median of peers $23.1B 20.7× 17.7× +1.66% +2.88% −55.14% 69.66% 18.84%

All 40 Utilities Regulated Electric stocks →

EVRG metrics, ten years each

Evergy Inc. (EVRG) key facts

  • Concern: Net income was $867.9 million, or $3.71 per share (basic), a net margin of 14.4%.
  • Strength: Evergy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, up 1.95% from fiscal 2024.
  • Evergy Inc. (EVRG) is an Utilities Regulated Electric company in the Utilities sector, listed on Nasdaq.
  • As of October 16, 2026, EVRG traded at $83.30, a market capitalization of $18.8 billion.
  • At that price the stock trades at 20.7× trailing-twelve-month earnings and 3.2× sales; its P/E is higher than 52% of its own readings over the past ten years.
  • Evergy Inc. pays an annual dividend of $2.78 per share, a yield of 3.34%, with a payout ratio of 70.6%.
  • Return on equity was 8.45% and debt-to-equity 1.34.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.80 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Evergy Inc. (EVRG) Latest News

7 May

Impact 4 · transcript

24 Jun

stockrow.com/EVRG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com