(EVRG) Evergy - Ratings and Ratios

Evergy, Inc. (NASDAQ:EVRG) is a leading American energy provider, operating across the electricity value chain—generation, transmission, distribution, and retail sales. Headquartered in Kansas City, Missouri, the company was formed in 2017 through the merger of Westar Energy and Great Plains Energy. Evergy serves over 1.6 million customers across Kansas and Missouri, including residential, commercial, industrial, and municipal clients. Its generation portfolio is diversified, with a mix of coal, natural gas, uranium, landfill gas, wind, solar, and other renewable energy sources. This balanced approach reflects its strategy to reduce emissions while maintaining grid reliability. Evergy has pledged to achieve net-zero carbon emissions by 2050, aligning with broader industry trends toward decarbonization and sustainability.

From a financial perspective, Evergy operates with a market capitalization of approximately $15.2 billion, placing it among the larger utilities in the U.S. The stock trades at a trailing P/E of ~17.9x and a forward P/E of ~16.5x, which is in line with industry averages for regulated utilities. Its price-to-book ratio of 1.52 indicates moderate valuation relative to its asset base. The company’s price-to-sales ratio of 2.64 reflects its stable revenue streams typical of utilities. Evergy also offers a dividend yield of around 3.5%, appealing to income-focused investors. For fund managers, Evergy’s predictable cash flows, regulated returns, and decarbonization efforts make it a candidate for both value and ESG-focused portfolios.