Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,913 | $5,587 | $5,859 | $5,508 | $5,847 |
| Gross Profit | $1,144 | $1,355 | $1,267 | $1,282 | $1,468 |
| Operating Income | $1,144 | $1,355 | $1,267 | $1,282 | $1,468 |
| Net Income | $618 | $880 | $753 | $731 | $874 |
Over the five-year period, EVERGY, INC. shows a generally positive trajectory in its key financial metrics. Revenue increased from 4,913.4 million USD in 2020 to 5,847.3 million USD in 2024, albeit with some mid-term volatility. For instance, a notable dip occurred in 2023 when revenue declined to 5,508.2 million USD from 5,859.1 million USD in 2022—a decrease of roughly 5.9%—before rebounding in 2024. Gross profit and operating income, which are reported as identical figures each year, broadly mirrored revenue trends. Both metrics increased from approximately 1,144 million USD in 2020 to 1,468 million USD in 2024. Although there was a slight contraction in gross profit in 2022 followed by modest recovery in 2023, the overall upward movement into 2024 suggests improved operational efficiency. Net income followed a similar pattern with growth from 618.3 million USD in 2020 to a peak of 879.7 million USD in 2021, a subsequent decline through 2023 (752.7 million USD in 2022 and 731.3 million USD in 2023), and a recovery to 873.5 million USD in 2024. Despite the mid-period declines of approximately 14% from 2021 to 2023, the recovery in 2024 indicates resilience. Given EVERGY’s position as a utility player operating in a typically regulated industry, these fluctuations might reflect cyclical adjustments in market conditions and operational challenges rather than structural issues. Overall, the company’s consistent margins and recovery in profitability metrics point to stable financial health and sustainability amidst moderate revenue volatility.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.