Evergy, Inc. (EVRG)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 83.55% | 30.66% | 44.88% | 47.11% | 48.61% |
| Operating profit margin | 25.11% | 23.28% | 21.63% | 24.25% | 23.28% |
| Pretax margin | 15.53% | 13.65% | 13.74% | 17.92% | 14.73% |
| Net profit margin | 14.94% | 13.28% | 12.85% | 15.75% | 12.58% |
Evergy, Inc.'s profitability ratios have shown fluctuations over the past five years. The gross profit margin decreased from 48.61% in 2020 to 30.66% in 2023 before sharply increasing to 83.55% in 2024. This indicates variability in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin also displayed some variability, ranging from 21.63% in 2022 to 25.11% in 2024, with a minor peak in 2021 at 24.25%. This metric reflects Evergy's profitability from its core operations after considering operating expenses.
The pretax margin, which represents the company's ability to generate profits before accounting for taxes, ranged from 13.65% in 2023 to 17.92% in 2021. This ratio saw a slight decline in 2024 to 15.53%, after showing some fluctuations in the previous years.
Finally, the net profit margin, which indicates the proportion of revenue that translates into net income, ranged from 12.58% in 2020 to 14.94% in 2024. This metric shows Evergy's efficiency in controlling costs and managing its bottom line.
Overall, Evergy, Inc.'s profitability ratios reflect a mix of fluctuations and improvements in profitability over the five-year period, with varying levels of performance in different aspects of the business.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.55% | 3.98% | 4.30% | 4.75% | 4.22% |
| Return on assets (ROA) | 2.71% | 2.27% | 2.55% | 3.08% | 2.28% |
| Return on total capital | 15.00% | 13.22% | 12.75% | 14.78% | 12.60% |
| Return on equity (ROE) | 8.91% | 7.57% | 7.94% | 9.52% | 7.08% |
Based on the provided data, Evergy, Inc.'s profitability ratios demonstrate a mixed performance over the five-year period from 2020 to 2024.
1. Operating Return on Assets (Operating ROA) saw a slight increase from 4.22% in 2020 to 4.75% in 2021, dipped to 4.30% in 2022, and then decreased further to 3.98% in 2023, followed by a recovery to 4.55% in 2024. This ratio indicates the company's ability to generate operating profits from its assets.
2. Return on Assets (ROA) witnessed a similar trend, with an increase from 2.28% in 2020 to 3.08% in 2021, a decline to 2.55% in 2022, a slight decrease to 2.27% in 2023, and a subsequent rise to 2.71% in 2024. ROA reflects the company's efficiency in generating profit from its total assets.
3. Return on Total Capital showed an upward trajectory from 12.60% in 2020 to 14.78% in 2021, followed by slight fluctuations to 12.75% in 2022 and then an increase to 13.22% in 2023, and finally a rise to 15.00% in 2024. This ratio signifies the company's ability to generate a return for both equity and debt holders.
4. Return on Equity (ROE) experienced growth from 7.08% in 2020 to 9.52% in 2021, a decline to 7.94% in 2022, a slight drop to 7.57% in 2023, and then an increase to 8.91% in 2024. ROE reflects the return generated for the company's shareholders based on their equity investment.
Overall, Evergy, Inc.'s profitability ratios show fluctuations over the five-year period, indicating variations in the company's ability to generate profits from its assets, capital, and equity.