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Discontinued — last reported Q4 '25

Deferral at other companies

Dominion Energy logo
Dominion EnergyD
$9M+190%
PPL logo
PPLPPL
$108M-2.7%
Southern Company logo
Southern CompanySO
$4.65B
NiSource logo
NiSourceNI
-$7.55M+3.2%
AWK
American Water WorksAWK
$3.19B+10.7%
Southern Company logo
Southern CompanySO
$8.86B+8.4%

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
Debt / equity1.3×0.0×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Evergy in its filing.

Tagged under the XBRL concept evrg:InvestmentTaxCreditDeferral.

The official record: Evergy’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evergy's deferral?
Evergy (EVRG) reported deferral of $0 in Q4 2025.
What is the long-term trend for Evergy's deferral?
Over 2 years (2021 to 2025), Evergy's deferral has grown at a -100.0% compound annual growth rate (CAGR), from $400K to $0.
What does deferral mean?
Tax credits that are spread out over time to match the life of the asset they relate to.
How do you interpret deferral?
Higher deferrals indicate significant recent capital investment in assets eligible for tax credits.
How does deferral compare across companies?
Common in utility and renewable energy sectors where tax incentives are tied to long-lived infrastructure.