Evergy, Inc. (EVRG) vs NRG Energy, Inc. (NRG)

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnEVRG vs NRG

growth of $100 · dividends reinvested · last 10y
EVRG +111.9% (+7.8%/yr)NRG +1064.5% (+27.8%/yr)NRG compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$212$1,164
EVRG NRG

EVRG vs NRG: by the numbers

  • NRG is the larger company ($21.87B vs $18.39B market cap).
  • EVRG trades at the lower trailing earnings multiple (20.20 vs 27.21 P/E), one valuation lens rather than an overall verdict.
  • EVRG converts more revenue to profit (15.26% vs 2.31% net margin).
  • NRG grew revenue faster over the past five years (15.13% vs 2.13% CAGR).
  • EVRG pays the higher dividend yield (3.41% vs 1.64%).

Metrics side by side

Valuation

MetricEVRGNRG
P/E ratio20.2027.21
Forward P/E18.7511.66
P/S ratio3.030.60
P/B ratio1.804.50
EV / EBITDA12.5610.79
FCF yieldN/A1.59%

Profitability

MetricEVRGNRG
Gross margin40.06%16.42%
Operating margin25.88%5.38%
Net margin15.26%2.31%
ROE9.06%17.49%
ROIC4.51%5.38%

Dividends

MetricEVRGNRG
Dividend yield3.41%1.64%
Payout ratio70.38%48.95%

Growth (annualized)

MetricEVRGNRG
Revenue CAGR (5Y)2.13%15.13%
EPS CAGR (5Y)6.41%14.48%
FCF CAGR (5Y)N/A-22.77%
Total return CAGR (5Y)8.32%24.35%

Frequently asked

Which has the lower trailing P/E, EVRG or NRG?
EVRG has the lower trailing P/E: EVRG trades at 20.20 and NRG at 27.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EVRG or NRG?
Over the past five years, NRG grew revenue faster — EVRG at a 2.13% CAGR versus NRG at 15.13%.
Does EVRG or NRG pay a bigger dividend?
EVRG yields 3.41% and NRG yields 1.64% based on trailing dividends and the latest price.
Is EVRG or NRG more profitable?
EVRG runs the higher net margin — EVRG at 15.26% versus NRG at 2.31%.
How have EVRG and NRG total returns compared?
Over the past 10 years, EVRG delivered 7.86% and NRG delivered 28.22% 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.