Operating

Income From Corporate Owned Life Insurance

Evergy Income From Corporate Owned Life Insurance increased by 2566.7% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 515.4%, from $1.30M to $8.00M. Over 4 years (FY 2021 to FY 2025), Income From Corporate Owned Life Insurance shows a downward trend with a -11.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryOther
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase indicates higher returns on insurance assets, while a decrease may reflect lower policy performance or reduced asset holdings.

Detailed definition

This represents the non-operating income generated from corporate-owned life insurance (COLI) policies held by the compa...

Peer comparison

Common in capital-intensive industries like utilities that use COLI for long-term liability funding.

Metric ID: operating_income_from_corporate_owned_life_insurance

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$600.00K$12.50M$500.00K$700.00K$200.00K$300.00K$4.40M$8.60M$400.00K$17.20M$3.80M$7.50M$3.90M$6.60M$500.00K$1.30M$6.60M$400.00K$300.00K$8.00M
QoQ Change>999%-96.0%+40.0%-71.4%+50.0%>999%+95.5%-95.3%>999%-77.9%+97.4%-48.0%+69.2%-92.4%+160.0%+407.7%-93.9%-25.0%>999%
YoY Change-66.7%-97.6%+780.0%>999%+100.0%>999%-13.6%-12.8%+875.0%-61.6%-86.8%-82.7%+69.2%-93.9%-40.0%+515.4%
Range$200.00K$17.20M
CAGR+72.5%
Avg YoY Growth+534.1%
Median YoY Growth-13.2%

Frequently Asked Questions

What is Evergy's income from corporate owned life insurance?
Evergy (EVRG) reported income from corporate owned life insurance of $8.00M in Q1 2026.
How has Evergy's income from corporate owned life insurance changed year-over-year?
Evergy's income from corporate owned life insurance increased by 515.4% year-over-year, from $1.30M to $8.00M.
What is the long-term trend for Evergy's income from corporate owned life insurance?
Over 4 years (2021 to 2025), Evergy's income from corporate owned life insurance has grown at a -11.8% compound annual growth rate (CAGR), from $14.20M to $8.60M.
What does income from corporate owned life insurance mean?
Income earned from insurance policies held by the company on the lives of its employees.