Evergy, Inc. (EVRG) vs NRG Energy, Inc. (NRG)
EVRG leads on 9 of 14 compared metrics.
A side-by-side comparison of Evergy, Inc. and NRG Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
EVRG
Evergy, Inc.
$85.16UtilitiesDelayed quote: Jul 20, 2026, 4:00 PM EDT
NRG
NRG Energy, Inc.
$130.58UtilitiesDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — EVRG vs NRG
growth of $100 · dividends reinvested · last 23yEVRG +986.7%NRG +1725.3%NRG compounded faster
EVRG NRG
EVRG vs NRG: by the numbers
- •NRG is the larger company ($27.55B vs $19.63B market cap).
- •EVRG trades at the lower earnings multiple (22.53 vs 151.89 P/E).
- •EVRG converts more revenue to profit (14.71% vs 0.74% net margin).
- •NRG grew revenue faster over the past five years (16.42% vs 2.08% CAGR).
- •EVRG pays the higher dividend yield (3.23% vs 1.42%).
Which is better, EVRG or NRG?
Metric tally: EVRG 9 · NRG 5It depends on what you're optimizing for:
ValueEVRG(lower P/E)
GrowthNRG(faster 5Y revenue CAGR)
IncomeEVRG(higher dividend yield)
QualityNRG(higher ROIC)
Metrics side by side
Valuation
| Metric | EVRG | NRG |
|---|---|---|
| P/E ratio | 22.53● | 151.89 |
| Forward P/E | 19.99 | — |
| P/S ratio | 3.35 | 0.83● |
| P/B ratio | 1.98● | 5.51 |
| PEG ratio | 3.51● | 10.49 |
| EV / EBITDA | 13.17● | 16.43 |
Profitability
| Metric | EVRG | NRG |
|---|---|---|
| Gross margin | 32.28%● | 17.07% |
| Operating margin | 25.42%● | 3.00% |
| Net margin | 14.71%● | 0.74% |
| ROE | 8.68%● | 4.90% |
| ROIC | 4.25% | 7.00%● |
Dividends
| Metric | EVRG | NRG |
|---|---|---|
| Dividend yield | 3.23%● | 1.42% |
| Payout ratio | 74.19% | 44.74% |
Growth (annualized)
| Metric | EVRG | NRG |
|---|---|---|
| Revenue CAGR (5Y) | 2.08% | 16.42%● |
| EPS CAGR (5Y) | 6.41% | 14.48%● |
| FCF CAGR (5Y) | — | -13.77% |
| Total return CAGR (5Y) | 10.14% | 30.62%● |
Frequently asked
- Which is better, EVRG or NRG?
- It depends on your goal. value: EVRG (lower P/E); growth: NRG (faster 5Y revenue CAGR); income: EVRG (higher dividend yield); quality: NRG (higher ROIC). Across all compared metrics, EVRG leads 9 to 5.
- Is EVRG or NRG cheaper?
- On trailing earnings, EVRG is cheaper: EVRG trades at a 22.53 P/E and NRG at 151.89.
- Which has grown faster, EVRG or NRG?
- Over the past five years, NRG grew revenue faster — EVRG at a 2.08% CAGR versus NRG at 16.42%.
- Does EVRG or NRG pay a bigger dividend?
- EVRG yields 3.23% and NRG yields 1.42% based on trailing dividends and the latest price.
- Is EVRG or NRG more profitable?
- EVRG runs the higher net margin — EVRG at 14.71% versus NRG at 0.74%.
- Which has been the better investment, EVRG or NRG?
- Over the past 10-year, NRG delivered the higher annualized total return — EVRG at 8.04% versus NRG at 27.06%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Evergy P/E ratioNRG Energy P/E ratioEvergy dividend yieldNRG Energy dividend yieldEvergy ROENRG Energy ROEEvergy operating marginNRG Energy operating marginEvergy revenue growthNRG Energy revenue growthEvergy free cash flowNRG Energy free cash flow
Evergy & NRG Energy 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 July 20, 2026.