Evergy, Inc. (EVRG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,468,000 | 1,282,400 | 1,267,200 | 1,354,900 | 1,143,900 |
| Revenue | US$ in thousands | 5,847,300 | 5,508,200 | 5,859,100 | 5,586,700 | 4,913,400 |
| Operating profit margin | 25.11% | 23.28% | 21.63% | 24.25% | 23.28% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,468,000K ÷ $5,847,300K
= 25.11%
Evergy, Inc.'s operating profit margin has shown fluctuation over the past five years. As of December 31, 2020, the operating profit margin stood at 23.28%, which increased to 24.25% by December 31, 2021. Subsequently, by December 31, 2022, the operating profit margin decreased to 21.63%. However, there was a recovery in the following years, with the margin rising to 23.28% by December 31, 2023, and further improving to 25.11% by December 31, 2024. This indicates that Evergy has been able to effectively manage its operating expenses and generate higher operating profits in the most recent period.
Peer comparison
Dec 31, 2024