Evergy, Inc. (EVRG) vs NiSource Inc (NI)

A side-by-side comparison of Evergy, Inc. and NiSource Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnEVRG vs NI

growth of $100 · dividends reinvested · last 10y
EVRG +111.9% (+7.8%/yr)NI +135.8% (+9.0%/yr)NI compounded faster over this window
100150200250Start $10020182020202220242026$212$236
EVRG NI

EVRG vs NI: by the numbers

  • NI is the larger company ($19.12B vs $18.27B market cap).
  • EVRG trades at the lower trailing earnings multiple (20.07 vs 21.21 P/E), one valuation lens rather than an overall verdict.
  • EVRG converts more revenue to profit (15.26% vs 13.15% net margin).
  • NI grew revenue faster over the past five years (8.18% vs 2.13% CAGR).
  • EVRG pays the higher dividend yield (3.41% vs 2.85%).

Metrics side by side

Valuation

MetricEVRGNI
P/E ratio20.0721.21
Forward P/E18.6319.41
P/S ratio3.012.78
P/B ratio1.792.00
EV / EBITDA12.5211.69

Profitability

MetricEVRGNI
Gross margin40.06%50.76%
Operating margin25.88%27.03%
Net margin15.26%13.15%
ROE9.06%9.45%
ROIC4.51%4.54%

Dividends

MetricEVRGNI
Dividend yield3.41%2.85%
Payout ratio70.38%62.77%

Growth (annualized)

MetricEVRGNI
Revenue CAGR (5Y)2.13%8.18%
EPS CAGR (5Y)6.41%14.27%
Total return CAGR (5Y)8.32%14.61%

Frequently asked

Which has the lower trailing P/E, EVRG or NI?
EVRG has the lower trailing P/E: EVRG trades at 20.07 and NI at 21.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EVRG or NI?
Over the past five years, NI grew revenue faster — EVRG at a 2.13% CAGR versus NI at 8.18%.
Does EVRG or NI pay a bigger dividend?
EVRG yields 3.41% and NI yields 2.85% based on trailing dividends and the latest price.
Is EVRG or NI more profitable?
EVRG runs the higher net margin — EVRG at 15.26% versus NI at 13.15%.
How have EVRG and NI total returns compared?
Over the past 10 years, EVRG delivered 7.86% and NI delivered 9.30% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026.