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.
Peer comparison
Dec 31, 2023