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EV

Evergy, Inc.

EVRGUtilitiesNASDAQ

Utilities - Regulated Electric

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Financials · Annual
Revenue
$5.96B
+2.0% YoY
Net Income
$855.6M
-2.0% YoY
EBITDA
$2.73B
+3.2% YoY
Free Cash Flow
-$1.10B

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About Evergy, Inc.

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. Valued at $18.91B, EVRG is a large-cap name in its sector. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources.

Key stats
Market Cap$18.91B
P/E (TTM)21.82
Fwd P/E18.02
EPS$3.76
Beta0.54
52W Change+23.4%
Dividend Yield3.39%
ROE8.9%
Analysis

On the balance sheet, EVRG has $18.4M in cash with $15.88B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$1.10B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 8.9%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $5.86B (2022) to $5.96B (2025).

EVRG's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. Evergy, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Evergy, Inc. and its sector.

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