Evergy, Inc. (EVRG)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 873,500 853,300 739,300 711,400 731,300 680,800 757,400 772,800 752,700 798,600 819,800 810,600 879,700 877,300 792,400 740,500 618,300 631,200 633,500 639,800
Revenue (ttm) US$ in thousands 5,851,200 5,781,700 5,639,600 5,542,400 5,508,200 5,599,900 5,839,700 5,932,000 5,859,100 5,701,600 5,409,000 5,198,700 5,586,700 5,559,000 5,460,100 5,408,600 4,913,400 4,950,600 5,010,600 5,047,600
Net profit margin 14.93% 14.76% 13.11% 12.84% 13.28% 12.16% 12.97% 13.03% 12.85% 14.01% 15.16% 15.59% 15.75% 15.78% 14.51% 13.69% 12.58% 12.75% 12.64% 12.68%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $873,500K ÷ $5,851,200K
= 14.93%

Evergy, Inc.'s net profit margin has shown some fluctuations over the past few years. Starting from March 31, 2020, with a margin of 12.68%, the margin remained relatively stable around this level for the next few quarters. However, there was a significant increase in profitability as of March 31, 2021, reaching 13.69%. This upward trend continued through the following quarters, with the net profit margin peaking at 15.78% on September 30, 2021.

Subsequently, there was a slight decline in the net profit margin in the following quarters, reaching 12.16% on September 30, 2023. Evergy, Inc. then saw some recovery, with the margin increasing to 14.93% by December 31, 2024. Overall, the company's net profit margin has shown variability but generally maintained at a level above 12%.

Analyzing the net profit margin provides insights into Evergy's ability to generate profit from its operations after accounting for all expenses. The increasing trend in the margins from 2020 to 2021 suggests improved operational efficiency or cost management. However, the subsequent fluctuations indicate potential challenges or changes in the business environment impacting profitability. Further monitoring of the net profit margin will be crucial to assess Evergy, Inc.'s financial performance and sustainability in the long term.