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Evergy EVRG Debt-to-equity

Debt-to-equity at other companies

Ameren logo
AmerenAEE
1.5×-0.1×
CMS
CMS EnergyCMS
0.0×
Entergy logo
EntergyETR
1.9×-0.1×
American Electric Power logo
American Electric PowerAEP
1.6×
PG&E logo
PG&EPCG
1.9×+0.1×
Xcel Energy logo
Xcel EnergyXEL
1.6×0.0×

Other financials

Income statement

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Revenue$1.4B+5.0%
Operating income$318.4M+9.2%
Net income$151.5M+21.2%
EPS (diluted)$0.64+18.5%

Balance sheet

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Cash & equivalents$18.4M-47.9%
Total debt$13.5B+3.5%
Total equity$10.2B+2.3%
Total assets$34.5B+6.3%

Cash flow

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Operating cash flow$362.5M-19.4%
CapEx$851.9M+43.7%
Free cash flow-$489.4M-242%

Valuation

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Market cap$19.1B+19.0%
Enterprise value$32.59B+12.0%
P/E21.7×+3.3×
P/S3.2×+0.4×

Profitability

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Operating margin25.9%+0.4pp
Net margin14.6%-0.2pp

Returns & leverage

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Return on equity8.8%-0.2pp
Current ratio0.4×-0.1×

Where this comes from

Calculated from Evergy’s reported figures.

Based on the most recent quarter.

The official record: Evergy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evergy's debt-to-equity?
Evergy (EVRG) reported debt-to-equity of 1.3× in Q1 2026.
How has Evergy's debt-to-equity changed year-over-year?
Evergy's debt-to-equity increased by 1.2% year-over-year, from 1.3× to 1.3×.
What is the long-term trend for Evergy's debt-to-equity?
Over 4 years (2021 to 2025), Evergy's debt-to-equity has grown at a 37.7% compound annual growth rate (CAGR), from 1.5× to 5.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.