Evergy, Inc. (EVRG)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 873,500 731,300 752,700 879,700 618,300
Total assets US$ in thousands 32,282,100 32,244,200 29,489,900 28,520,500 27,114,800
ROA 2.71% 2.27% 2.55% 3.08% 2.28%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $873,500K ÷ $32,282,100K
= 2.71%

Evergy, Inc.'s return on assets (ROA) has shown fluctuations over the past five years. As of December 31, 2020, the ROA stood at 2.28%, which increased to 3.08% by December 31, 2021, indicating improved efficiency in generating profits from its assets. However, by December 31, 2022, the ROA slightly decreased to 2.55%, followed by a further decline to 2.27% by December 31, 2023.

Subsequently, as of December 31, 2024, Evergy recorded a ROA of 2.71%, showing a slight improvement compared to the previous year. Overall, the trend in ROA suggests some variability in the company's ability to generate profit relative to the size of its asset base, with a recent uptick in performance.