Evergy, Inc. (EVRG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 873,500 | 731,300 | 752,700 | 879,700 | 618,300 |
| Revenue | US$ in thousands | 5,847,300 | 5,508,200 | 5,859,100 | 5,586,700 | 4,913,400 |
| Net profit margin | 14.94% | 13.28% | 12.85% | 15.75% | 12.58% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $873,500K ÷ $5,847,300K
= 14.94%
The net profit margin of Evergy, Inc. has shown a generally positive trend over the period from December 31, 2020, to December 31, 2024. Starting at 12.58% in 2020, the net profit margin increased to 15.75% in 2021, indicating improved profitability. Although there was a slight dip to 12.85% in 2022, the margin recovered to 13.28% in 2023 and further increased to 14.94% in 2024.
This upward trajectory suggests that Evergy has been effectively managing its expenses and generating more profit relative to its revenue over the years. The consistent growth in net profit margin is a positive indicator of the company's financial performance and efficiency in converting revenue into profit. It demonstrates Evergy's ability to control costs, maximize operational efficiency, and potentially enhance shareholder value.
Peer comparison
Dec 31, 2024