Evergy Inc. Common Stock (EVRG)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	1,282,400	1,267,200	1,354,900	1,143,900	1,185,800
Revenue	US$ in thousands	5,508,200	5,859,100	5,586,700	4,913,400	5,147,800
Operating profit margin		23.28%	21.63%	24.25%	23.28%	23.04%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,282,400K ÷ $5,508,200K
= 23.28%

The operating profit margin of Evergy Inc has shown consistency and stability over the past five years, ranging from 22.22% to 24.25%. This indicates the company's ability to efficiently control its operating costs and generate profit from its core business operations. Despite minor fluctuations, the margin has generally been healthy, surpassing 23% in each year. This suggests effective management of expenses relative to revenue, leading to strong profitability. Overall, Evergy Inc's operating profit margin reflects a solid operational performance and financial health.