# Evergy Inc. (EVRG) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Electric Utilities. Price $81.54, market value $18.8 billion.

## Valuation
- **P/E (trailing): 20.7×** (5-yr avg 16.3×, 3-yr avg 16.6×). Evergy Inc. trades at 20.7× trailing earnings, well above its own five-year average of 16.3×: investors are paying up relative to the company's past. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 17.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.2×**. Each dollar of revenue is priced at 3.2×.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.4×**. Enterprise value is 11.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -7.5%** (5-yr avg -3.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.8%**. The inverse of the P/E: 4.8% of the price is earned each year.

## Profitability
- **Operating margin: 27.0%**. 27.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 15.0%**. 15.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.4%**. 8.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.3%**. Return on all capital, debt included, is 5.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.7%**. Each dollar of assets produces 2.7% of profit.

## Growth
- **Revenue growth (1 yr): 0.0%** (3-yr 0.7%/yr, 5-yr 3.6%/yr). Revenue grew 0.0% over the last year, against 3.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -3.4%** (3-yr 3.8%/yr, 5-yr 6.1%/yr). Earnings per share fell 3.4%, roughly in step with revenue.

## Financial health
- **Debt to equity: 1.31**. Debt is 1.31 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 4.7×**. It would take 4.7 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 3.41%** ($2.75 per share, trailing). Evergy Inc. yields 3.41%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 72%**. 72% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 5.7%/yr** (1-yr 3.9%). The dividend has grown 5.7% a year over five years.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover Evergy Inc.; the consensus is buy, with an average price target of $91.95 (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 16.9%** (YTD 14.4%, 3-mo -2.1%). The shares are up 16.9% over twelve months including dividends.
- **From 52-week high: -8.0%** (15.8% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): -0.02** (volatility 16%). Beta of -0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=EVRG · Page: https://foliofundamentals.com/stocks/evrg

Not investment advice.