Evergy, Inc. (EVRG)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 908,000 | 751,800 | 805,200 | 1,001,100 | 723,900 |
Revenue | US$ in thousands | 5,847,300 | 5,508,200 | 5,859,100 | 5,586,700 | 4,913,400 |
Pretax margin | 15.53% | 13.65% | 13.74% | 17.92% | 14.73% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $908,000K ÷ $5,847,300K
= 15.53%
The pretax margin of Evergy, Inc. has shown some fluctuation over the past five years. Starting at 14.73% in December 2020, it increased to 17.92% by December 2021, indicating improved profitability. However, there was a decrease in the pretax margin to 13.74% by December 2022, followed by a slight decline to 13.65% by December 2023. The margin then rebounded to 15.53% by December 2024. Overall, while there have been fluctuations, Evergy's pretax margin remained relatively stable, indicating a mix of challenges and successes in managing pre-tax profitability during this period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Evergy, Inc.
EVRG
15.53%
Allete Inc
ALE
12.03%
Alliant Energy Corp
LNT
14.47%
Ameren Corp
AEE
16.66%
Avista Corporation
AVA
9.44%
CMS Energy Corporation
CMS
15.69%
Consolidated Edison Inc
ED
14.01%
Duke Energy Corporation
DUK
17.11%
Exelon Corporation
EXC
11.58%
NiSource Inc
NI
19.57%
NorthWestern Corporation
NWE
14.18%