Evergy (EVRG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Evergy

NasdaqGS•Utilities•Utilities - Regulated Electric

$80.97+0.77(0.01%)Market open

Market Cap

$18.67B

P/E

20.2x

P/S

3.1x

P/B

1.8x

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

How this company scores

AverageMetricSide Score: 50/100

Strongest: Profitability (21/25); weakest: Cash & Earnings Quality (2/25).

Profitability21/25

Growth16/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality2/25

Strengths

Strong marginsProfit converts from growthConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.2x5y range 16.2x – 21.3x

Currently near its 20-quarter median.

P/S · 3.1x5y range 2.1x – 3.1x

Currently near its 20-quarter median.

P/B · 1.8x5y range 1.2x – 1.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Watch

6 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Price & Volume

Market Cap $18.67B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.09B
Q. Revenue: $1.50B
TTM EBITDA: $2.79B
TTM Op. Income: $1.60B
Q. Op. Income: $380.60M
TTM Net Income: $925.80M
Q. Net Income: $215.00M
EPS: $0.93
Shares Out.: $230.90M

$6.09B in TTM revenue grew 3.6% YoY, reaching $1.50B last quarter. TTM EBITDA of $2.79B and TTM operating income of $1.60B show growth is flowing through to the bottom line. TTM net income of $925.80M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 100.0%
EBITDA Margin: 45.7%
Op. Margin: 25.4%
Net Margin: 14.3%

Op. margin of 25.4% is up 1.4% YoY — cost efficiency is improving. Net margin at 14.3% and gross margin of 100.0% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.2x
P/S Ratio: 3.1x
P/B Ratio: 1.8x

At 20.2x P/E, the stock trades within typical market levels. P/S of 3.1x and P/B of 1.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 7% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $35.35B
Cash: $21.80M
Long-Term Debt: $12.32B
Book Value: $10.22B
D/E Ratio: 1.2
Debt/EBITDA: 18.0

With $35.35B in assets and $12.32B in long-term debt, D/E is 1.2and book value is $10.22B — moderate leverage. Over the past year, debt/equity is down 3% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $348.60M
TTM Free Cash Flow: $-1.41B
FCF Margin: -23.1%
FCF / Net Income: -1.5

TTM FCF of $-1.41B on $348.60M in operating cash flow. The FCF / Net Income ratio of -1.5x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.