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Evergy (Evergy) Net Income : $731 Mil (TTM As of Dec. 2023)


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What is Evergy Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Evergy's Net Income for the three months ended in Dec. 2023 was $58 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $731 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Evergy's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.25.


Evergy Net Income Historical Data

The historical data trend for Evergy's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evergy Net Income Chart

Evergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 669.90 618.30 879.70 752.70 731.30

Evergy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.50 142.60 179.10 351.60 58.00

Evergy Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Evergy's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=751.8+-15.6+0+-4.9
=731

Evergy's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=42.6+16.4+0+-1
=58

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $731 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evergy  (NAS:EVRG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Evergy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Evergy Net Income Related Terms

Thank you for viewing the detailed overview of Evergy's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergy (Evergy) Business Description

Traded in Other Exchanges
Address
1200 Main Street, Kansas City, MO, USA, 64105
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $19 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.
Executives
Mary L. Landrieu director 100 CENTURYLINK DRIVE, MONROE LA 71203
Neal A Sharma director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Lesley Lissette Elwell officer: SVP & CHIEF HR OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kevin E. Bryant officer: EVP - CHIEF OPERATING OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
James Scarola director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles L King officer: SVP & CHIEF TECHNOLOGY OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
C John Wilder director ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Kirkland B Andrews director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
David A Campbell director, officer: PRESIDENT AND CEO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Thomas D Hyde director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Anthony D Somma officer: EVP - CHIEF FINANCIAL OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles A. Caisley officer: SVP - MKTG & PA & CHIEF CO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Heather A Humphrey officer: SVP - GEN COUNSEL, CORP SEC C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105

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