Evergy, Inc. EVRG
Evergy, Inc., Evergy Kansas Central, Inc. and Evergy Metro, Inc. are separate registrants filing this combined annual report on Form 10-K. The terms "Evergy," "Evergy Kansas Central," "Evergy Metro" and "Evergy Companies" are used throughout this report. "Evergy" refers to Evergy, Inc. and its consolidated subsidiaries, unless otherwise indicated. "Evergy Kansas Central" refers to Evergy Kansas Central, Inc. and its consolidated subsidiaries, unless otherwise indicated. "Evergy Metro" refers to Evergy Metro, Inc. and its consolidated subsidiaries, unless otherwise indicated. "Evergy Companies" refers to Evergy, Evergy Kansas Central, and Evergy Metro, collectively, which are individual registrants within the Evergy consolidated group.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.71B | $5.70B | $5.35B | $5.59B | $5.33B | $4.78B | $5.02B | $4.22B | $2.57B | $2.56B |
| Total operating expenses | $4.43B | $4.38B | $4.23B | $4.59B | $4.23B | $3.77B | $3.96B | $3.34B | $1.89B | $1.86B |
| Operating income | $1.53B | $1.47B | $1.28B | $1.27B | $1.35B | $1.14B | $1.19B | $933.6M | $678.8M | $702.4M |
| Interest expense | $616.3M | $563.1M | $525.8M | $404.0M | $372.6M | $383.9M | $374.0M | $279.6M | $171.0M | $161.7M |
| Pre-tax income | $891.0M | $908.0M | $751.8M | $805.2M | $1.00B | $723.9M | $772.8M | $599.6M | $481.0M | $539.2M |
| Income tax | $29.9M | $30.0M | $15.6M | $47.5M | $117.4M | $102.2M | $97.0M | $59.0M | $151.2M | $184.5M |
| Net income | $855.6M | $873.5M | $731.3M | $752.7M | $879.7M | $618.3M | $669.9M | $535.8M | $323.9M | $346.6M |
| EPS, basic | 3.71 | 3.79 | 3.18 | 3.27 | 3.84 | 2.72 | 2.80 | 2.50 | 2.27 | 2.43 |
| EPS, diluted | 3.66 | 3.79 | 3.17 | 3.27 | 3.83 | 2.72 | 2.79 | 2.50 | 2.27 | 2.43 |
| Shares, diluted (wtd. avg.) | $233.6M | $230.6M | $230.5M | $230.3M | $229.6M | $227.5M | $239.9M | $214.1M | $142.6M | $142.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $19.8M | $22.0M | $27.7M | $25.2M | $26.2M | $144.9M | $23.2M | $160.3M | $3.5M | $3.2M |
| Receivables | $214.2M | $245.4M | $256.9M | $315.3M | $221.6M | $273.9M | $228.5M | $193.7M | $290.7M | — |
| Total current assets | $1.82B | $1.84B | $1.79B | $1.84B | $1.71B | $1.62B | $1.47B | $1.68B | $727.0M | — |
| Property, plant and equipment | $26.30B | $24.93B | $23.73B | $22.14B | $21.00B | $19.95B | $19.18B | $18.78B | $9.55B | — |
| Goodwill | $2.34B | $2.34B | $2.34B | $2.34B | $2.34B | $2.34B | $2.34B | $2.34B | $0 | — |
| Total assets | $33.95B | $32.28B | $30.98B | $29.49B | $28.52B | $27.11B | $25.98B | $25.60B | $11.62B | — |
| Accounts payable | $654.3M | $613.8M | $616.9M | $600.8M | $639.7M | $654.0M | $528.8M | $451.5M | $204.2M | — |
| Short-term debt | $367.0M | $651.7M | $800.0M | $439.1M | $389.3M | $436.4M | $251.1M | $705.4M | $0 | — |
| Total current liabilities | $3.70B | $3.66B | $3.51B | $3.49B | $3.10B | $2.36B | $2.34B | $2.87B | $823.7M | — |
| Long-term debt | $13.04B | $11.81B | $11.05B | $9.91B | $9.30B | $9.19B | $8.75B | $6.64B | $3.69B | — |
| Retained earnings | $2.97B | $2.73B | $2.46B | $2.30B | $2.08B | $1.70B | $1.55B | $1.35B | $1.17B | — |
| Total equity | $10.22B | $9.96B | $9.69B | $9.49B | $9.24B | $8.72B | $8.55B | $9.99B | $3.86B | $3.83B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.05B | $1.98B | $1.98B | $1.80B | $1.35B | $1.75B | $1.75B | $1.50B | $912.7M | $803.8M |
| Depreciation and amortisation | $944.2M | $965.9M | $943.3M | $836.1M | $813.6M | $804.7M | $786.3M | $567.9M | $350.0M | $316.7M |
| Stock-based compensation | $20.7M | $15.2M | $17.7M | $18.8M | $15.6M | $16.0M | $16.3M | $29.9M | $8.8M | $9.3M |
| Capital expenditure | $2.80B | $2.34B | $2.33B | $2.17B | $1.97B | $1.56B | $1.21B | $1.07B | $764.6M | $1.09B |
| Investing cash flow | -$2.57B | -$2.26B | -$2.47B | -$2.15B | -$1.91B | -$1.53B | -$1.08B | $197.4M | -$780.8M | -$994.1M |
| Financing cash flow | $522.0M | $280.3M | $494.0M | $349.3M | $443.4M | -$98.4M | -$805.8M | -$1.54B | -$131.6M | $190.2M |
| Dividends paid | $613.1M | $596.7M | $569.6M | $534.8M | $497.9M | $465.0M | $462.5M | $475.0M | $223.1M | $204.3M |
| Buybacks | — | — | — | — | $0 | $0 | $1.63B | $1.04B | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001711269-26-000017.
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