Evergy, Inc. (EVRG)

FairStock Score: 49/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable, understandable businesses bought at sensible prices. Evergy is a regulated electric utility, so demand is steady and the model is easy to understand. In fiscal 2025 (year ended 2025-12-31), it reported revenue of $5.7B, net income of $855.6M, and diluted EPS of $3.66; in fiscal 2024 (year ended 2024-12-31), revenue was also $5.7B, net income $873.5M, and EPS $3.79. That is not exciting growth, and FairStock's Lynch category calls it a slow grower—profit up 6.7% a year over five years and revenue up 3.6%. The regulated utility model can be a narrow moat, but the returns are modest: FairStock shows ROE of 9.25% and ROCE of 2.91%, and a FairStock Score of 49/100. In fiscal Q1 2026 (quarter ended 2026-03-31), revenue was $1.4B, net income $151.5M, and diluted EPS $0.64. Balance-sheet health matters here: FairStock's debt-to-equity is 1.61, Altman Z-score is 0.54, and trailing free cash flow is -$1.4B, a -7.2% FCF yield. I do not like negative free cash flow, even for a capital-intensive utility. At the 2026-10-26 close of $84.61, FairStock's P/E is 21.53 and P/B is 1.91; its Graham Number is $62.62, leaving the price about 35% above that conservative anchor. The 3.49% dividend yield and beta of 0.51 are attractive, but the price already reflects much of that. This looks like a fair-to-full utility, not a bargain.

In plain English: Evergy is a regulated electric utility that generates and sells power to homes and businesses. The business looks steady but not especially strong: profits have been uneven, and it carries a lot of debt while spending more cash than it brings in. At $84.61, the price looks fair to expensive compared with its earnings and a conservative value estimate.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer