Evergy Inc. Common Stock (EVRG)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	731,300	680,800	757,400	772,800	752,700	798,600	819,800	810,600	879,700	877,300	792,400	740,500	618,300	631,200	633,500	639,800	669,900	624,500	612,700	574,800
Total stockholders’ equity	US$ in thousands	9,663,100	9,749,000	9,534,900	9,489,000	9,483,700	9,609,000	9,307,300	9,237,100	9,244,400	9,317,800	8,986,000	8,806,300	8,733,400	8,802,100	8,547,800	8,529,200	8,571,900	8,619,300	8,883,100	9,422,900
ROE		7.57%	6.98%	7.94%	8.14%	7.94%	8.31%	8.81%	8.78%	9.52%	9.42%	8.82%	8.41%	7.08%	7.17%	7.41%	7.50%	7.82%	7.25%	6.90%	6.10%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $731,300K ÷ $9,663,100K
= 7.57%

The return on equity (ROE) for Evergy Inc has shown a relatively stable performance over the past eight quarters, ranging from 6.98% to 8.81%. The ROE has fluctuated within a narrow band, with the highest value recorded in Q2 2022 at 8.81% and the lowest in Q3 2023 at 6.98%. This stability indicates that Evergy Inc is effectively utilizing its equity to generate profits for its shareholders. However, there has been a slight downtrend in ROE since Q2 2022, which may suggest a need for the company to focus on improving its profitability relative to its equity base in order to enhance shareholder value. Overall, Evergy Inc's ROE performance reflects a consistent but potentially improving trend over the analyzed period.