Evergy (EVRG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EVRG SEC filings page.
Evergy, Inc. (EVRG) reported $6.0B in revenue over the twelve months to Mar 31, 2026, up 2.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Evergy’s profit growth is increasingly paired with cash absorption as debt and capital spending expand faster than the business’s cash surplus.
Between FY2023 and FY2025, operating income increased19.5% while capital expenditures increased19.8% , a near one-for-one relationship. That pattern coincided with free cash flow margin moving from-6.4% to-12.6% , indicating incremental earnings are being reinvested heavily rather than emerging as excess cash.
Operating margin reached
Liabilities represented
Financial Health Signals
Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Evergy, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Evergy, Inc. has an operating margin of 25.7%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 81/100, reflecting efficient cost management and pricing power. This is up from 25.1% the prior year.
Evergy, Inc.'s revenue grew a modest 2.0% year-over-year to $6.0B. This slow but positive growth earns a score of 45/100.
Evergy, Inc. has a moderate D/E ratio of 1.28. This balance of debt and equity financing earns a leverage score of 41/100.
Evergy, Inc.'s current ratio of 0.49 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Evergy, Inc. generated $2.0B in operating cash flow, capex of $2.8B consumed most of it, leaving -$751.7M in free cash flow. This results in a low score of 45/100, reflecting heavy capital investment rather than weak cash generation.
Evergy, Inc. earns a strong 8.4% return on equity (ROE), meaning it generates $8 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 72/100. This is down from 8.8% the prior year.
Evergy, Inc. scores 0.89, below the 1.81 distress threshold. The score is pulled down most by current liabilities exceeding current assets by $1.9B against total assets of $33.9B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Evergy, Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Evergy, Inc. generates $2.39 in operating cash flow ($2.0B OCF vs $855.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Evergy, Inc. earns $2.49 in operating income for every $1 of interest expense ($1.5B vs $616.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Evergy, Inc. generated $1.4B in revenue in Q1 2026. This represents an increase of 5.0% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.
Evergy, Inc.'s EBITDA was $623.7M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.6% from the same quarter a year earlier. Against the prior quarter it is up 16.6%.
Evergy, Inc. reported $151.5M in net income in Q1 2026. This represents an increase of 21.2% from the same quarter a year earlier. Against the prior quarter it is up 79.7%.
Evergy, Inc. earned $0.64 per diluted share (EPS) in Q1 2026. This represents an increase of 18.5% from the same quarter a year earlier. Against the prior quarter it is up 82.9%.
Cash & Balance Sheet
Evergy, Inc. recorded an outflow of $489.4M in free cash flow in Q1 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Evergy, Inc. held $18.4M in cash against $13.1B in long-term debt as of Q1 2026.
Evergy, Inc. paid $0.70 per share in dividends in Q1 2026. This represents an increase of 4.1% from the same quarter a year earlier.
Margins & Returns
Evergy, Inc.'s operating margin was 22.1% in Q1 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.
Evergy, Inc.'s net profit margin was 10.5% in Q1 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.
Evergy, Inc.'s quarterly ROE was 1.5% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Not reported for Q1 2026.
Capital Allocation
Evergy, Inc. invested $851.9M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 43.7% from the same quarter a year earlier. Against the prior quarter it is down 1.5%.
Not reported for Q1 2026.
Not reported for Q1 2026.
EVRG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B+5.0% | $1.3B+6.6% | $1.8B-0.1% | $1.4B-0.7% | $1.4B+3.3% | $1.3B+5.9% | $1.8B+8.5% | $1.4B+6.9% |
| Operating Income | $318.4M+9.2% | $239.0M+7.6% | $658.5M+4.9% | $343.8M-4.0% | $291.6M+12.1% | $222.2M+23.0% | $627.5M+29.1% | $358.1M+6.4% |
| EBITDA | $623.7M+7.6% | $535.1M+7.5% | $948.8M+4.3% | $632.2M-0.9% | $579.7M+8.1% | $497.7M+10.4% | $909.8M+19.8% | $638.2M+5.3% |
| Interest Expense | $174.5M+14.4% | $158.0M+11.0% | $152.0M+5.6% | $153.8M+7.1% | $152.5M+14.5% | $142.4M+7.7% | $143.9M+5.2% | $143.6M+7.4% |
| Income Tax | $3.4M-64.6% | -$15.7Mn/m | $26.0M+30.0% | $10.0M+35.1% | $9.6M+31.5% | -$4.7Mn/m | $20.0M+127.3% | $7.4M-31.5% |
| Net Income | $151.5M+21.2% | $84.3M+7.8% | $475.0M+2.0% | $171.3M-17.2% | $125.0M+1.9% | $78.2M+34.8% | $465.6M+32.4% | $207.0M+15.6% |
| EPS (Basic) | $0.66+22.2% | $0.36+5.9% | $2.06+2.0% | $0.74-17.8% | $0.54+1.9% | $0.34+36.0% | $2.02+32.0% | $0.90+15.4% |
| EPS (Diluted) | $0.64+18.5% | $0.35+2.9% | $2.03+0.5% | $0.74-17.8% | $0.54+1.9% | $0.34+36.0% | $2.02+32.0% | $0.90+15.4% |
| Diluted Shares (Avg) | 236M+1.5% | N/A | 234M+1.5% | 233M+1.0% | 232M+0.7% | N/A | 231M0.0% | 231M0.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
EVRG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $34.5B+6.2% | $33.9B+5.2% | $33.4B+4.0% | $32.9B+3.4% | $32.5B+3.8% | $32.3B+4.2% | $32.1B+5.0% | $31.8B+5.1% |
| Current Assets | $1.9B+2.4% | $1.8B-1.3% | $1.9B-3.3% | $1.9B-5.0% | $1.8B+0.4% | $1.8B+2.8% | $2.0B+5.0% | $2.0B+7.0% |
| Cash & Equivalents | $18.4M-47.9% | $19.8M-10.0% | $27.5M-20.5% | $27.8M+6.5% | $35.3M-44.6% | $22.0M-20.6% | $34.6M-15.6% | $26.1M-16.9% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $201.2M+1.6% | $214.2M-12.7% | $338.3M-12.5% | $390.8M-9.0% | $198.0M+12.9% | $245.4M-4.5% | $386.8M+17.2% | $429.3M+33.7% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% | $2.3B0.0% |
| Total Liabilities | $24.3B+8.0% | $23.7B+6.3% | $23.2B+4.7% | $23.0B+3.7% | $22.5B+4.2% | $22.3B+4.8% | $22.1B+6.0% | $22.1B+6.7% |
| Current Liabilities | $4.2B+27.3% | $3.7B+0.9% | $3.7B+3.5% | $3.7B+12.0% | $3.3B+3.9% | $3.7B+4.3% | $3.6B-25.0% | $3.3B-16.2% |
| Non-Current Liabilities | $20.1B+4.6% | $20.0B+7.3% | $19.4B+4.8% | $19.2B+2.2% | $19.2B+4.2% | $18.6B+4.8% | $18.5B+15.2% | $18.8B+12.0% |
| Long-Term Debt | $13.1B+6.0% | $13.0B+10.4% | $12.4B+7.6% | $12.4B+3.7% | $12.4B+6.4% | $11.8B+6.8% | $11.6B+24.5% | $12.0B+18.4% |
| Total Equity | $10.2B+2.3% | $10.2B+2.7% | $10.3B+2.6% | $10.0B+2.6% | $9.9B+3.0% | $10.0B+3.0% | $10.0B+2.8% | $9.7B+1.8% |
| Retained Earnings | $3.0B+9.3% | $3.0B+8.5% | $3.0B+8.3% | $2.7B+9.3% | $2.7B+11.2% | $2.7B+11.2% | $2.8B+10.2% | $2.5B+6.6% |
Not reported in any period shown, so not listed: Inventory.
EVRG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $362.5M-19.4% | $334.0M-15.6% | $937.7M-1.6% | $323.9M+2.0% | $449.6M+41.7% | $395.6M-7.7% | $953.3M+14.0% | $317.5M-9.9% |
| Depreciation & Amortization | $305.3M+6.0% | $296.1M+7.5% | $290.3M+2.8% | $288.4M+3.0% | $288.1M+4.3% | $275.5M+1.9% | $282.3M+3.3% | $280.1M+4.0% |
| Stock-Based Compensation | $5.6M+24.4% | N/A | N/A | N/A | $4.5M+15.4% | N/A | N/A | N/A |
| Capital Expenditures | $851.9M+43.7% | $864.5M+68.1% | $712.3M+35.3% | $627.3M-7.4% | $592.8M-4.2% | $514.2M-23.9% | $526.3M-4.9% | $677.5M+17.5% |
| Free Cash Flow | -$489.4Mn/m | -$530.5Mn/m | $225.4M-47.2% | -$303.4Mn/m | -$143.2Mn/m | -$118.6Mn/m | $427.0M+51.0% | -$360.0Mn/m |
| Investing Cash Flow | -$756.6Mn/m | -$668.1Mn/m | -$666.6Mn/m | -$636.5Mn/m | -$598.9Mn/m | -$471.5Mn/m | -$520.2Mn/m | -$686.9Mn/m |
| Financing Cash Flow | $400.7M+133.5% | $317.5M+546.6% | -$262.5Mn/m | $295.4M-13.0% | $171.6M-43.5% | $49.1M-79.4% | -$411.9Mn/m | $339.5M-26.4% |
| Dividends Paid | $157.6M+2.6% | $157.4M+2.5% | $151.1M+2.2% | $151.0M+2.2% | $153.6M+4.0% | $153.5M+4.0% | $147.8M+5.0% | $147.7M+5.0% |
Not reported in any period shown, so not listed: Share Buybacks.
EVRG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 22.1%+0.8pp | 17.8%+0.2pp | 36.4%+1.7pp | 23.9%-0.8pp | 21.2%+1.7pp | 17.7%+2.5pp | 34.6%+5.5pp | 24.7%-0.1pp |
| Net Margin | 10.5%+1.4pp | 6.3%+0.1pp | 26.2%+0.5pp | 11.9%-2.4pp | 9.1%-0.1pp | 6.2%+1.3pp | 25.7%+4.6pp | 14.3%+1.1pp |
| Return on Equity | 1.5%+0.2pp | 0.8%0.0pp | 4.6%0.0pp | 1.7%-0.4pp | 1.3%0.0pp | 0.8%+0.2pp | 4.6%+1.0pp | 2.1%+0.2pp |
| Return on Assets | 0.4%+0.1pp | 0.3%0.0pp | 1.4%0.0pp | 0.5%-0.1pp | 0.4%0.0pp | 0.2%0.0pp | 1.5%+0.3pp | 0.7%+0.1pp |
| Current Ratio | 0.45-0.1x | 0.490.0x | 0.520.0x | 0.50-0.1x | 0.550.0x | 0.500.0x | 0.55+0.2x | 0.59+0.1x |
| Debt-to-Equity | 1.290.0x | 1.28+0.1x | 1.21+0.1x | 1.240.0x | 1.250.0x | 1.190.0x | 1.15+0.2x | 1.23+0.2x |
| Liabilities-to-Equity | 2.40+0.1x | 2.32+0.1x | 2.250.0x | 2.300.0x | 2.270.0x | 2.240.0x | 2.21+0.1x | 2.28+0.1x |
| Asset Turnover | 0.040.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.060.0x | 0.050.0x |
| FCF Margin | -33.9%-23.5pp | -39.6%-30.1pp | 12.4%-11.1pp | -21.1%+3.8pp | -10.4%+12.2pp | -9.4%+11.4pp | 23.6%+6.6pp | -24.9%-8.3pp |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.49), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Evergy, Inc. EVRG | FY2025 | $6.0B | $855.6M | 14.3% | $20.2B | 50/100 |
| Alliant Energy Corporation LNT | FY2025 | $4.4B | $810.0M | 18.6% | $19.0B | 51/100 |
| Edison International EIX | FY2025 | $19.3B | $4.5B | 23.1% | $23.4B | 61/100 |
| CMS Energy CMS | FY2025 | $8.5B | $1.1B | 12.5% | $22.2B | 53/100 |
| Eversource Energy ES | FY2025 | $13.5B | $1.7B | 12.5% | $27.1B | 51/100 |
| Pinnacle West Capital Corporation PNW | FY2025 | $5.3B | $616.5M | 11.6% | $12.6B | 44/100 |
Where Evergy, Inc. Ranks
Frequently Asked Questions
Evergy, Inc. (EVRG) reported $6.0B in total revenue for fiscal year 2025. This represents a 2.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Evergy, Inc. (EVRG) revenue grew by 2.0% year-over-year, from $5.8B to $6.0B in fiscal year 2025.
Yes, Evergy, Inc. (EVRG) reported a net income of $882.1M over the trailing 12 months to March 31, 2026. In fiscal year 2025 it reported a net income of $855.6M, with a net profit margin of 14.3%.
Evergy, Inc. (EVRG) had EBITDA of $2.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Evergy, Inc. (EVRG) had $19.8M in cash and equivalents against $13.0B in long-term debt.
Evergy, Inc. (EVRG) had an operating margin of 25.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Evergy, Inc. (EVRG) had a net profit margin of 14.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Evergy, Inc. (EVRG) paid $2.70 per share in dividends during fiscal year 2025.
Evergy, Inc. (EVRG) has a return on equity of 8.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Evergy, Inc. (EVRG) recorded an outflow of $751.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Evergy, Inc. (EVRG) generated $2.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Evergy, Inc. (EVRG) had $33.9B in total assets as of fiscal year 2025, including both current and long-term assets.
Evergy, Inc. (EVRG) invested $2.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Evergy, Inc. (EVRG) had a current ratio of 0.49 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Evergy, Inc. (EVRG) had a debt-to-equity ratio of 1.28 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Evergy, Inc. (EVRG) had a liabilities-to-equity ratio of 2.32 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Evergy, Inc. (EVRG) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Evergy, Inc. (EVRG) trades at 22.8x earnings, its market capitalization divided by $882.1M net income, trailing 12 months to March 31, 2026. The market capitalization is $20.2B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Evergy, Inc. (EVRG) trades at 3.3x sales, its market capitalization divided by $6.0B revenue, trailing 12 months to March 31, 2026. The market capitalization is $20.2B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Evergy, Inc. (EVRG) has an Altman Z-Score of 0.89, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Evergy, Inc. (EVRG) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Evergy, Inc. (EVRG) has an earnings quality ratio of 2.39x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Evergy, Inc. (EVRG) has an interest coverage ratio of 2.49x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Evergy, Inc. (EVRG) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.