EVRG Evergy

FY2025 10-K
Filed: Feb 19, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Evergy (EVRG) filed its fiscal year 2025 10-K annual report with the SEC on Feb 19, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Integrated electric utility providing electricity generation, transmission, and distribution
  • No new products, services, or segments introduced or emphasized in this year's filing
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Management Discussion & Analysis

  • Revenue and segment reporting not separately detailed; combined operations with approx. 1.7 million customers, 15,800 MW capacity
  • Target dividend payout ratio 50%-60%, earnings per share growth emphasized, exact margins or profits not disclosed
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Risk Factors

  • Regulatory risk from Missouri SB 4 allowing CWIP inclusion in rate base for new gas plants, term expiring 2035, with refund potential
  • Macroeconomic exposure via $1.4B 4.5% Convertible Notes; $244.1M repurchased in early 2026, $1.1559B still outstanding
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Financial Summary
XBRL

Revenue

$5.7B

Net Income

$856M

Operating Margin

26.9%

Net Margin

15.0%

ROE

8.4%

Total Assets

$33.9B

EPS (Diluted)

$3.66

Operating Cash Flow

$2.0B

Source: XBRL data from Evergy FY2025 10-K filing on SEC EDGAR. All figures in USD.

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