Evergy Inc. Common Stock (EVRG)

Operating 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
Operating income (ttm)	US$ in thousands	1,282,400	1,202,000	1,294,500	1,293,400	1,267,200	1,308,200	1,330,500	1,290,300	1,354,900	1,366,700	1,287,700	1,264,100	1,143,900	1,156,700	1,173,700	1,173,700	1,185,800	1,170,100	1,164,500	1,019,700
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
Operating profit margin		23.28%	21.46%	22.17%	21.80%	21.63%	22.94%	24.60%	24.82%	24.25%	24.59%	23.58%	23.37%	23.28%	23.36%	23.42%	23.25%	23.04%	22.43%	22.30%	20.84%

December 31, 2023 calculation

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

Evergy Inc's operating profit margin has exhibited fluctuations over the past eight quarters, ranging from 21.98% to 24.82%. In Q4 2023, the operating profit margin was 23.28%, showing a slight increase compared to the previous quarter.

The company's operating profit margin remained relatively stable around the low to mid-20% range, indicating efficient cost management and revenue generation. Although there was some variability in the margins, Evergy Inc has generally been able to maintain healthy levels of profitability relative to its operating income.

Overall, the consistent performance of operating profit margins within the historical range suggests that Evergy Inc has been effectively managing its operating expenses and generating revenue to sustain profitability.