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Evergy (Evergy) Operating Margin % : 15.20% (As of Dec. 2023)


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What is Evergy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Evergy's Operating Income for the three months ended in Dec. 2023 was $181 Mil. Evergy's Revenue for the three months ended in Dec. 2023 was $1,188 Mil. Therefore, Evergy's Operating Margin % for the quarter that ended in Dec. 2023 was 15.20%.

Good Sign:

Evergy Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Evergy's Operating Margin % or its related term are showing as below:

EVRG' s Operating Margin % Range Over the Past 10 Years
Min: 21.83   Med: 23.77   Max: 27.42
Current: 23.28


EVRG's Operating Margin % is ranked better than
76.47% of 510 companies
in the Utilities - Regulated industry
Industry Median: 12.505 vs EVRG: 23.28

Evergy's 5-Year Average Operating Margin % Growth Rate was 0.70% per year.

Evergy's Operating Income for the three months ended in Dec. 2023 was $181 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,282 Mil.


Evergy Operating Margin % Historical Data

The historical data trend for Evergy's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evergy Operating Margin % Chart

Evergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.04 23.28 24.25 22.22 23.28

Evergy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.09 21.54 24.86 29.11 15.20

Competitive Comparison of Evergy's Operating Margin %

For the Utilities - Regulated Electric subindustry, Evergy's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evergy's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Evergy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Evergy's Operating Margin % falls into.



Evergy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Evergy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1282.4 / 5508.2
=23.28 %

Evergy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=180.6 / 1187.9
=15.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evergy  (NAS:EVRG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Evergy Operating Margin % Related Terms

Thank you for viewing the detailed overview of Evergy's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergy (Evergy) Business Description

Traded in Other Exchanges
Address
1200 Main Street, Kansas City, MO, USA, 64105
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $19 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.
Executives
Mary L. Landrieu director 100 CENTURYLINK DRIVE, MONROE LA 71203
Neal A Sharma director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Lesley Lissette Elwell officer: SVP & CHIEF HR OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kevin E. Bryant officer: EVP - CHIEF OPERATING OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
James Scarola director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles L King officer: SVP & CHIEF TECHNOLOGY OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
C John Wilder director ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Kirkland B Andrews director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
David A Campbell director, officer: PRESIDENT AND CEO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Thomas D Hyde director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Anthony D Somma officer: EVP - CHIEF FINANCIAL OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles A. Caisley officer: SVP - MKTG & PA & CHIEF CO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Heather A Humphrey officer: SVP - GEN COUNSEL, CORP SEC C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105

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