Other

Corporate-owned life insurance policy benefit

Evergy Corporate-owned life insurance policy benefit increased by 7600.0% to $7.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 492.3%, from $1.30M to $7.70M. Over 2 years (FY 2023 to FY 2025), Corporate-owned life insurance policy benefit shows a downward trend with a -45.7% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026

How to read this metric

Fluctuations are generally non-recurring and do not reflect the core operational performance of the utility.

Detailed definition

The financial benefit or gain recognized from corporate-owned life insurance (COLI) policies held on employees or execut...

Peer comparison

Common in many large corporations; utility-specific impact is usually minor relative to total earnings.

Metric ID: other_corporate_owned_life_insurance_policy_benefit

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.70M$6.70M$6.70M$6.70M$4.70M$3.70M$7.20M$100.00K$1.30M$6.50M$0.00$100.00K$7.70M
QoQ Change+0.0%+0.0%+0.0%-29.9%-21.3%+94.6%-98.6%>999%+400.0%-100.0%>999%
YoY Change-29.9%-44.8%+7.5%-98.5%-72.3%+75.7%-100.0%+0.0%+492.3%
Range$0.00$7.70M
CAGR+4.7%
Avg YoY Growth+25.6%
Median YoY Growth-29.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Evergy's corporate-owned life insurance policy benefit?
Evergy (EVRG) reported corporate-owned life insurance policy benefit of $7.70M in Q1 2026.
How has Evergy's corporate-owned life insurance policy benefit changed year-over-year?
Evergy's corporate-owned life insurance policy benefit increased by 492.3% year-over-year, from $1.30M to $7.70M.
What is the long-term trend for Evergy's corporate-owned life insurance policy benefit?
Over 2 years (2023 to 2025), Evergy's corporate-owned life insurance policy benefit has grown at a -45.7% compound annual growth rate (CAGR), from $26.80M to $7.90M.
What does corporate-owned life insurance policy benefit mean?
The income or gain recognized from corporate-owned life insurance policies.