NASDAQ NMS - GLOBAL MARKET · Utilities · CIK 0001711269
$84.95
+2.16% · live
Updated
$19.54B market value
From Evergy, Inc.'s FY2025 10-K, filed Feb 19, 2026 · read the filing
Evergy supplies electricity, gas or water. It took in $5.71B last year, which makes it a mid-sized company. Of every dollar it sells, about 15 cents is left as profit.
The financial picture is mixed, with profitability and growth needing attention and debt weaker.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score 0.68
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
A mixed picture — some clear strengths and some weaknesses.
From Evergy, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Free cash flow
-$352.9M → -$751.7M
Capital spending
$2.34B → $2.80B
Operating margin
25.7% → 26.9%
Long-term debt
$11.81B → $13.04B
Measured against FY2024, from the 10-K filed Feb 19, 2026
Deteriorated: $398.8M wider
-$352.9M to -$751.7MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
How the latest move compares (quote live), and what was published around it
EVRG rose 2.16% on the latest quote. The average Utilities company tracked here moved +1.71%, and the S&P 500 −1.04%. That is in line with its sector and 3.2 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 19 analysts covering this company, as of . Their views, not this site's.
Of 19 analysts publishing on this company, 7 say strong buy, 6 say buy and 6 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 15 cents of every dollar of sales as profit, earning $855.6M last year. Note that after $2.80B of spending on property and equipment, it consumed $751.7M more cash than it generated.
Barely. Sales were roughly flat, up 0.0%.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 72 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 30% of the cash its operations generated. It has paid in each of the last 10 years.
GoodFigures from the FY2025 annual filing
Last year it earned $855.6M and generated $2.05B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 19, 2026Filing for FY2025 | FY202410-K · Feb 27, 2025Filing for FY2024 | FY202310-K · Feb 27, 2025Filing for FY2023 | FY202210-K · Feb 24, 2023Filing for FY2022 | FY202110-K · Feb 25, 2022Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $5.71B | $5.70B | $5.35B | $5.59B | $5.33B | +0.0% |
| Operating income | $1.53B | $1.47B | $1.28B | $1.27B | $1.35B | +4.4% |
| Operating marginOperating income ÷ revenueWhat is this? | 26.9% | 25.7% | 24.0% | 22.7% | 25.4% | +1.1 pts |
| Interest expense | $616.3M | $563.1M | $525.8M | $404.0M | $372.6M | +9.4% |
| Income before tax | $891.0M | $908.0M | $751.8M | $805.2M | $1.00B | −1.9% |
| Net income | $855.6M | $873.5M | $731.3M | $752.7M | $879.7M | −2.0% |
| Net marginNet income ÷ revenueWhat is this? | 15.0% | 15.3% | 13.7% | 13.5% | 16.5% | −0.3 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $3.72 | $3.80 | $3.19 | $3.28 | $3.88 | −2.2% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| EVRGEvergy, Inc. · this page | 4.7/10 | 4/8 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Exercised stock options — 1,764 shares
Holds 38,355 shares after this filing.
Had shares withheld to cover taxes — 787 shares at $80.30 ($63.2K)
Holds 37,568 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Reported another event
Read the filingTerminated a material agreement · Reported another event
Read the filingWrite down why you are following Evergy, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 4 subsidiaries named in its 10-K, incorporated across 3 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Source: Exhibit 21 of the 10-K filed 2026-02-19. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from EVRG's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 19, 2026), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 4.7 | 4/8 | 10-K, filed Feb 19, 2026 |
| FY2024 | 4.7 | 6/8 | 10-K, filed Feb 27, 2025 |
| FY2023 | 3.3 | 4/8 | 10-K, filed Feb 29, 2024 |
| FY2022 | 4.7 | 5/8 | 10-K, filed Feb 24, 2023 |
| FY2021 | 4.7 | 7/8 | 10-K, filed Feb 25, 2022 |
| FY2020 | 4.7 | 5/8 | 10-K, filed Feb 26, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
4 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
0.68
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Changed: +19.7%
$2.34B to $2.80BSignificant
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +1.1 pts
25.7% to 26.9%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: +10.4%
$11.81B to $13.04BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Deteriorated: -10.0%
$22.0M to $19.8MNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Q1 FY2026 against Q1 FY2025, from the 10-Q filed May 7, 2026 — read it.
Deteriorated: $346.2M wider
-$143.2M to -$489.4MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Deteriorated: -47.9%
$35.3M to $18.4MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Changed: +43.7%
$592.8M to $851.9MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +21.2%
$125.0M to $151.5MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +21.0%
$0.54 to $0.66Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +9.2%
$291.6M to $318.4MNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +1.1 pts
22.5% to 23.6%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +1.6 pts
9.7% to 11.2%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: +6.0%
$12.41B to $13.15BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
7 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 8.0% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Yes. Clearing its debt would take roughly 6.5 years of cash flow. For every $1 it owes, it owns $1.43 in assets. A bankruptcy-risk model also places it in its distress range.
The trailing P/E is 21.2x — investors pay $21.2 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 0.0% |
| 15.0% |
| 22.84x |
| 2.32x |
| FEFIRSTENERGY CORP | 4.7/10 | 7/8 | 12.0% | 6.8% | 26.34x | 3.36x |
|---|
| PPLPPL Corp | 4.7/10 | 6/8 | 8.6% | 12.9% | 22.48x | 2.04x |
|---|
| ESEVERSOURCE ENERGY | 4.7/10 | 6/8 | 13.8% | 12.5% | 14.98x | 2.94x |
|---|
| NRGNRG ENERGY, INC. | 4.7/10 | 5/9 | 9.4% | 2.8% | 20.80x | 16.33x |
|---|
| LNTALLIANT ENERGY CORP | 6.0/10 | 7/9 | 9.6% | 18.6% | 22.32x | 2.41x |
|---|
| PNWPINNACLE WEST CAPITAL CORP | 4.7/10 | 5/9 | 4.2% | 11.8% | 20.10x | 3.26x |
|---|
| Median of peers | 4.7/10 | — | 9.5% | 12.2% | 21.56x | 3.10x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Exercised stock options — 15,880 shares
Holds 25,431 shares after this filing.
Had shares withheld to cover taxes — 5,999 shares at $78.79 ($472.7K)
Holds 19,432 shares after this filing.
Bought on the open market — 335 shares at $81.36 ($27.3K)
Holds 670 shares after this filing.
Bought on the open market — 335 shares at $81.39 ($27.3K)
Holds 670 shares after this filing.
Bought on the open market — 300 shares at $81.48 ($24.4K)
Holds 600 shares after this filing.
Bought on the open market — 250 shares at $81.44 ($20.4K)
Holds 500 shares after this filing.
Bought on the open market — 150 shares at $81.44 ($12.2K)
Holds 300 shares after this filing.
Bought on the open market — 70 shares at $81.47 ($5.7K)
Holds 140 shares after this filing.
Bought on the open market — 200 shares at $81.83 ($16.4K)
Holds 200 shares after this filing.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results · Made a Regulation FD disclosure
Quarterly report on Form 10-Q
Read the filingReported another event
Read the filingSigned a material agreement · Terminated a material agreement · Took on a direct financial obligation
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingQuarterly report for Q1 FY2026
Operating margin +1.1 pts · Free cash flow $346.2M wider · Cash -47.9% — against Q1 FY2025
Read the filingProxy statement for a shareholder meeting
Read the filingReported another event
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingAnnual report for FY2025
Operating margin +1.1 pts · Free cash flow $398.8M wider · Capital spending +19.7% — against FY2024
Read the filingSigned a material agreement · Terminated a material agreement · Took on a direct financial obligation
Read the filingSigned a material agreement · Took on a direct financial obligation · Reported another event
Read the filingReported another event
Read the filingReported another event
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingQuarterly report for Q3 FY2025
Operating margin +2.3 pts · Cash -20.5% · Long-term debt +7.6% — against Q3 FY2024
Read the filingHad a director or senior officer leave or join
Read the filingReported another event
Read the filingCoverage from the last 30 days
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