Evergy Inc. Common Stock (EVRG)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	669,900	624,500	612,700	574,800
Revenue (ttm)	US$ in thousands	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	5,147,800	5,216,000	5,220,900	4,892,600
Net profit margin		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%	13.01%	11.97%	11.74%	11.75%

December 31, 2023 calculation

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

Evergy Inc's net profit margin has shown some variability over the past eight quarters. In Q2 and Q1 of 2022, the company had the highest net profit margins at 15.59% and 15.16% respectively. However, the margins have slightly declined since then, with Q4 of 2023 recording the lowest net profit margin at 13.28%. Despite these fluctuations, Evergy Inc has generally maintained a healthy net profit margin above 12% for most of the quarters, indicating efficient cost management and profitability. It is important for the company to closely monitor and potentially improve its margin to ensure sustainable profitability in the future.