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Evergy, Inc. (EVRG)
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Evergy, Inc. (EVRG) Enterprise Value (EV): $35.04B

The enterprise value (EV) for Evergy, Inc. (EVRG) is $35.04B as of Thursday, June 25, 2026.

EVRG Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$35.04B

EVRG Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Evergy, Inc. (EVRG)$19.78B$35.04B
Alliant Energy Corporation (LNT)vs ›$19.52B$28.50B
Talen Energy Corporation (TLN)vs ›$18.43B$23.20B
NiSource Inc (NI)vs ›$22.84B$35.85B
CMS Energy Corporation (CMS)vs ›$23.63B$39.34B
American Water Works Company, Inc. (AWK)vs ›$25.32B$41.25B
Pinnacle West Capital Corporation (PNW)vs ›$12.77B$28.46B
Eversource Energy (ES)vs ›$26.97B$55.12B
FirstEnergy Corp. (FE)vs ›$27.66B$52.80B
PPL Corporation (PPL)vs ›$27.78B$44.18B

Enterprise Value Calculation

Market Cap

$19.78B

+

Total Debt

$15.28B

Cash

$25.40M

=

Enterprise Value

$35.04B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Evergy, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Evergy, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Evergy, Inc. (EVRG)?
The enterprise value (EV) for EVRG stock is $35.04B.

About Evergy, Inc.

Evergy, Inc., along with its subsidiaries, operates as an integrated electric utility, focusing on the production, conveyance, distribution, and direct sale of power throughout Kansas and Missouri in the United States. The company's electricity generation relies on a diverse energy mix, utilizing sources such as coal, hydroelectric, landfill gas, uranium, natural gas, and oil, alongside a growing portfolio of renewables like solar and wind energy. Supporting its operations, Evergy maintains a robust infrastructure, which includes roughly 10,100 circuit miles of high-voltage transmission lines, about 39,800 circuit miles of overhead distribution lines, and an additional 13,000 circuit miles of underground distribution networks. It provides service to a substantial customer base of approximately 1,620,400, encompassing residential consumers, commercial enterprises, industrial facilities, municipal entities, and fellow electric utilities. Evergy, Inc. was founded in 2017 and has its main corporate headquarters situated in Kansas City, Missouri.

Kansas City, MO
4,731 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
David A. Campbell