Evergy, Inc. (EVRG) vs NiSource Inc (NI)
NI leads on 9 of 15 compared metrics, though EVRG is the cheaper stock.
A side-by-side comparison of Evergy, Inc. and NiSource Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — EVRG vs NI
growth of $100 · last 30yEVRG +190.1%NI +545.6%NI compounded faster
EVRG NI
EVRG vs NI: by the numbers
- •NI is the larger company ($22.66B vs $19.56B market cap).
- •EVRG trades at the lower earnings multiple (22.44 vs 23.51 P/E).
- •EVRG converts more revenue to profit (14.71% vs 14.10% net margin).
- •NI grew revenue faster over the past five years (8.10% vs 2.08% CAGR).
- •EVRG pays the higher dividend yield (3.24% vs 2.45%).
Which is better, EVRG or NI?
Metric tally: EVRG 6 · NI 9It depends on what you're optimizing for:
ValueEVRG(lower P/E)
GrowthNI(faster 5Y revenue CAGR)
IncomeEVRG(higher dividend yield)
QualityNI(higher ROIC)
Metrics side by side
Valuation
| Metric | EVRG | NI |
|---|---|---|
| P/E ratio | 22.44● | 23.51 |
| Forward P/E | 18.64● | 21.10 |
| P/S ratio | 3.33 | 3.33 |
| P/B ratio | 1.97● | 2.35 |
| PEG ratio | 3.50 | 1.05● |
| EV / EBITDA | 13.00 | 12.63● |
Profitability
| Metric | EVRG | NI |
|---|---|---|
| Gross margin | 41.51% | 55.92%● |
| Operating margin | 25.42% | 27.78%● |
| Net margin | 14.71%● | 14.10% |
| ROE | 8.68% | 9.96%● |
| ROIC | 4.25% | 4.51%● |
Dividends
| Metric | EVRG | NI |
|---|---|---|
| Dividend yield | 3.24%● | 2.45% |
| Payout ratio | 74.19% | 59.18% |
Growth (annualized)
| Metric | EVRG | NI |
|---|---|---|
| Revenue CAGR (5Y) | 2.08% | 8.10%● |
| EPS CAGR (5Y) | 6.41% | 14.27%● |
| FCF CAGR (5Y) | 68.30%● | -7.40% |
| Total return CAGR (5Y) | 11.09% | 17.49%● |
Frequently asked
- Which is better, EVRG or NI?
- It depends on your goal. value: EVRG (lower P/E); growth: NI (faster 5Y revenue CAGR); income: EVRG (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, NI leads 9 to 6.
- Is EVRG or NI cheaper?
- On trailing earnings, EVRG is cheaper: EVRG trades at a 22.44 P/E and NI at 23.51.
- Which has grown faster, EVRG or NI?
- Over the past five years, NI grew revenue faster — EVRG at a 2.08% CAGR versus NI at 8.10%.
- Does EVRG or NI pay a bigger dividend?
- EVRG yields 3.24% and NI yields 2.45% based on trailing dividends and the latest price.
- Is EVRG or NI more profitable?
- EVRG runs the higher net margin — EVRG at 14.71% versus NI at 14.10%.
- Which has been the better investment, EVRG or NI?
- Over the past 10-year, NI delivered the higher annualized total return — EVRG at 8.05% versus NI at 9.93%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Evergy P/E ratioNiSource P/E ratioEvergy dividend yieldNiSource dividend yieldEvergy ROENiSource ROEEvergy operating marginNiSource operating marginEvergy revenue growthNiSource revenue growthEvergy free cash flowNiSource free cash flow
Evergy & NiSource appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.