Non Service Cost Component Of Net Benefit Cost
Evergy Non Service Cost Component Of Net Benefit Cost increased by 53.8% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.5%, from $3.10M to $2.00M. Over 4 years (FY 2021 to FY 2025), Non Service Cost Component Of Net Benefit Cost shows a downward trend with a -35.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal higher long-term liability costs or changes in actuarial assumptions, potentially impacting net income.
Detailed definition
Reflects the components of pension and post-retirement benefit costs that are not related to employee service during the...
Peer comparison
Standardized under accounting rules for pension and post-retirement benefit disclosures.
other_non_service_cost_component_of_net_benefit_costHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.80M | $12.80M | $14.20M | $18.40M | $17.90M | $10.20M | $16.40M | $14.80M | $16.00M | $6.40M | $14.00M | $4.60M | $4.60M | $3.60M | $3.80M | $3.10M | $1.90M | $3.30M | $1.30M | $2.00M |
| QoQ Change | — | -7.2% | +10.9% | +29.6% | -2.7% | -43.0% | +60.8% | -9.8% | +8.1% | -60.0% | +118.8% | -67.1% | +0.0% | -21.7% | +5.6% | -18.4% | -38.7% | +73.7% | -60.6% | +53.8% |
| YoY Change | — | — | — | — | +29.7% | -20.3% | +15.5% | -19.6% | -10.6% | -37.3% | -14.6% | -68.9% | -71.3% | -43.8% | -72.9% | -32.6% | -58.7% | -8.3% | -65.8% | -35.5% |
Non Service Cost Component Of Net Benefit Cost at Other Companies
Frequently Asked Questions
- What is Evergy's non service cost component of net benefit cost?
- Evergy (EVRG) reported non service cost component of net benefit cost of $2.00M in Q1 2026.
- How has Evergy's non service cost component of net benefit cost changed year-over-year?
- Evergy's non service cost component of net benefit cost decreased by 35.5% year-over-year, from $3.10M to $2.00M.
- What is the long-term trend for Evergy's non service cost component of net benefit cost?
- Over 4 years (2021 to 2025), Evergy's non service cost component of net benefit cost has grown at a -35.5% compound annual growth rate (CAGR), from $55.60M to $9.60M.
- What does non service cost component of net benefit cost mean?
- The portion of retirement benefit expenses unrelated to current employee work.