Evergy Inc. Common Stock (EVRG)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	731,300	752,700	879,700	618,300	669,900
Revenue	US$ in thousands	5,508,200	5,859,100	5,586,700	4,913,400	5,147,800
Net profit margin		13.28%	12.85%	15.75%	12.58%	13.01%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $731,300K ÷ $5,508,200K
= 13.28%

The net profit margin of Evergy Inc has shown some fluctuations over the past five years. In 2023, the net profit margin was 13.28%, showing a slight increase from the previous year's figure of 12.85%. In 2021, the company experienced a peak in net profit margin at 15.75%, before slightly dropping to 12.58% in 2020. Looking back to 2019, the net profit margin was 13.01%.

Overall, the company's net profit margin has generally been above 12% in the past five years, indicating a consistent ability to generate profits relative to its revenue. However, the fluctuations in the net profit margin suggest that Evergy Inc may have experienced varying levels of profitability and efficiency in managing its costs over the years. Further analysis and comparison to industry benchmarks would provide a more comprehensive understanding of Evergy Inc's financial performance.