Evergy (EVRG)
Utilities · Regional Electric Utilities
Regional electric utility balancing legacy coal operations with infrastructure investments for growing data center demand.
What Evergy does
Evergy is a regulated electric utility serving customers across Kansas and Missouri through generation, transmission, and distribution of electricity. The company operates a diverse generation portfolio including coal, natural gas, and renewable resources while investing in battery storage and transmission infrastructure to meet growing demand, particularly from data centers and other large-load customers. Evergy is transitioning its business strategy to align with changing electricity demand patterns and regulatory requirements for emissions reduction.
Themes: ["Data center power demand","Electric utility infrastructure","Coal transition / emissions reduction","Renewable energy integration","Grid modernization","Energy storage"]
Fundamentals
- Price$85.28 as of 2026-07-09 close
- Market cap$19.6B as of 2026-07-10
- 1-year return+23.9% as of 2026-07-09 close
- P/E22.28 as of 2026-07-10
- Net margin+14.0% as of 2026-07-10
- ROE+8.7% as of 2026-07-10
- Debt / equity1.56 as of 2026-07-10
- Revenue growth (YoY)-42.6% as of 2026-07-10
- Revenue CAGR (3y)+0.6% SEC XBRL
- Beta0.51 as of 2026-07-10
Dividend: yield +3.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Rapid and uncertain electricity demand growth from data centers creates capital access, revenue recovery, and customer affordability challenges; inability to timely build or acquire generation, storage, and transmission facilities to meet future demand could impair competitiveness","Regulatory and political risk including deregulation, re-regulation, or adverse rate decisions; decisions on coal-fired generation viability and stranded asset recovery; federal government shutdowns affecting operations and permitting","Coal operations counterparty risk where customers and financiers withdraw due to coal assets; climate-related risks including increased wildfire exposure, litigation costs exceeding insurance coverage, and severe weather impacts on grid infrastructure and demand"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.