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Evergy (Evergy) Retained Earnings : $2,458 Mil (As of Dec. 2023)


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What is Evergy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Evergy's retained earnings for the quarter that ended in Dec. 2023 was $2,458 Mil.

Evergy's quarterly retained earnings increased from Jun. 2023 ($2,338 Mil) to Sep. 2023 ($2,548 Mil) but then declined from Sep. 2023 ($2,548 Mil) to Dec. 2023 ($2,458 Mil).

Evergy's annual retained earnings increased from Dec. 2021 ($2,083 Mil) to Dec. 2022 ($2,299 Mil) and increased from Dec. 2022 ($2,299 Mil) to Dec. 2023 ($2,458 Mil).


Evergy Retained Earnings Historical Data

The historical data trend for Evergy's Retained Earnings 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 Retained Earnings Chart

Evergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,551.50 1,702.80 2,082.90 2,298.50 2,457.80

Evergy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 2,298.50 2,300.00 2,337.80 2,548.00 2,457.80

Evergy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Evergy  (NAS:EVRG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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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