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.
EVRG
Evergy, Inc.
$79.27UtilitiesDelayed quote: Sep 22, 2026, 4:00 PM EDT
NI
NiSource Inc
$39.88UtilitiesDelayed quote: Sep 22, 2026, 3:59 PM EDT
Total return — EVRG vs NI
growth of $100 · dividends reinvested · last 10yEVRG +111.9% (+7.8%/yr)NI +135.8% (+9.0%/yr)NI compounded faster over this window
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
| Metric | EVRG | NI |
|---|---|---|
| P/E ratio | 20.07 | 21.21 |
| Forward P/E | 18.63 | 19.41 |
| P/S ratio | 3.01 | 2.78 |
| P/B ratio | 1.79 | 2.00 |
| EV / EBITDA | 12.52 | 11.69 |
Profitability
| Metric | EVRG | NI |
|---|---|---|
| Gross margin | 40.06% | 50.76% |
| Operating margin | 25.88% | 27.03% |
| Net margin | 15.26% | 13.15% |
| ROE | 9.06% | 9.45% |
| ROIC | 4.51% | 4.54% |
Dividends
| Metric | EVRG | NI |
|---|---|---|
| Dividend yield | 3.41% | 2.85% |
| Payout ratio | 70.38% | 62.77% |
Growth (annualized)
| Metric | EVRG | NI |
|---|---|---|
| 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.
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 September 13, 2026.