vs
Side-by-side financial comparison of Astrana Health, Inc. (ASTH) and Evergy (EVRG). Click either name above to swap in a different company.
Evergy is the larger business by last-quarter revenue ($1.3B vs $950.5M, roughly 1.4× Astrana Health, Inc.). Evergy runs the higher net margin — 6.5% vs 0.7%, a 5.8% gap on every dollar of revenue. On growth, Astrana Health, Inc. posted the faster year-over-year revenue change (42.9% vs 5.3%). Astrana Health, Inc. produced more free cash flow last quarter ($-6.0M vs $-530.5M). Over the past eight quarters, Astrana Health, Inc.'s revenue compounded faster (53.3% CAGR vs 0.4%).
Astrana Health, Inc. is a U.S.-based value-based healthcare services provider that primarily serves Medicare-eligible senior populations across the United States. It offers in-home primary care, chronic disease management, and care coordination services, aiming to improve patient health outcomes and reduce unnecessary medical costs.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.
ASTH vs EVRG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $950.5M | $1.3B |
| Net Profit | $6.6M | $84.3M |
| Gross Margin | — | — |
| Operating Margin | 1.9% | 18.5% |
| Net Margin | 0.7% | 6.5% |
| Revenue YoY | 42.9% | 5.3% |
| Net Profit YoY | 184.4% | 7.8% |
| EPS (diluted) | $0.12 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $950.5M | $1.3B | ||
| Q3 25 | $956.0M | $1.8B | ||
| Q2 25 | $654.8M | $1.4B | ||
| Q1 25 | $620.4M | $1.3B | ||
| Q4 24 | $665.2M | $1.2B | ||
| Q3 24 | $478.7M | $1.8B | ||
| Q2 24 | $486.3M | $1.4B | ||
| Q1 24 | $404.4M | $1.3B |
| Q4 25 | $6.6M | $84.3M | ||
| Q3 25 | $373.0K | $475.0M | ||
| Q2 25 | $9.4M | $171.3M | ||
| Q1 25 | $6.7M | $125.0M | ||
| Q4 24 | $-7.8M | $78.2M | ||
| Q3 24 | $16.1M | $465.6M | ||
| Q2 24 | $19.2M | $207.0M | ||
| Q1 24 | $14.8M | $122.7M |
| Q4 25 | 1.9% | 18.5% | ||
| Q3 25 | 2.0% | 37.3% | ||
| Q2 25 | 3.1% | 25.4% | ||
| Q1 25 | 3.3% | 22.5% | ||
| Q4 24 | 0.1% | 18.1% | ||
| Q3 24 | 5.9% | 35.1% | ||
| Q2 24 | 6.2% | 25.4% | ||
| Q1 24 | 7.5% | 20.3% |
| Q4 25 | 0.7% | 6.5% | ||
| Q3 25 | 0.0% | 26.9% | ||
| Q2 25 | 1.4% | 12.6% | ||
| Q1 25 | 1.1% | 9.7% | ||
| Q4 24 | -1.2% | 6.4% | ||
| Q3 24 | 3.4% | 26.0% | ||
| Q2 24 | 3.9% | 14.7% | ||
| Q1 24 | 3.7% | 9.6% |
| Q4 25 | $0.12 | $0.35 | ||
| Q3 25 | $0.01 | $2.03 | ||
| Q2 25 | $0.19 | $0.74 | ||
| Q1 25 | $0.14 | $0.54 | ||
| Q4 24 | $-0.14 | $0.34 | ||
| Q3 24 | $0.33 | $2.02 | ||
| Q2 24 | $0.40 | $0.90 | ||
| Q1 24 | $0.31 | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $429.5M | $19.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $779.3M | $10.2B |
| Total Assets | $2.2B | $33.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $429.5M | $19.8M | ||
| Q3 25 | $463.4M | $27.5M | ||
| Q2 25 | $342.1M | $27.8M | ||
| Q1 25 | $260.9M | $35.3M | ||
| Q4 24 | $290.8M | $22.0M | ||
| Q3 24 | $350.3M | $34.6M | ||
| Q2 24 | $327.7M | $26.1M | ||
| Q1 24 | $337.3M | $63.7M |
| Q4 25 | $779.3M | $10.2B | ||
| Q3 25 | $775.5M | $10.3B | ||
| Q2 25 | $765.5M | $10.0B | ||
| Q1 25 | $745.4M | $9.9B | ||
| Q4 24 | $712.7M | $10.0B | ||
| Q3 24 | $704.6M | $10.0B | ||
| Q2 24 | $678.9M | $9.7B | ||
| Q1 24 | $653.5M | $9.6B |
| Q4 25 | $2.2B | $33.9B | ||
| Q3 25 | $2.2B | $33.4B | ||
| Q2 25 | $1.4B | $32.9B | ||
| Q1 25 | $1.3B | $32.5B | ||
| Q4 24 | $1.4B | $32.3B | ||
| Q3 24 | $1.3B | $32.1B | ||
| Q2 24 | $1.3B | $31.8B | ||
| Q1 24 | $1.2B | $31.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.9M | $334.0M |
| Free Cash FlowOCF − Capex | $-6.0M | $-530.5M |
| FCF MarginFCF / Revenue | -0.6% | -41.1% |
| Capex IntensityCapex / Revenue | 0.3% | 66.9% |
| Cash ConversionOCF / Net Profit | -0.44× | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $104.5M | $-751.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $334.0M | ||
| Q3 25 | $10.0M | $937.7M | ||
| Q2 25 | $90.9M | $323.9M | ||
| Q1 25 | $16.6M | $449.6M | ||
| Q4 24 | $-10.9M | $395.6M | ||
| Q3 24 | $34.0M | $953.3M | ||
| Q2 24 | $23.2M | $317.5M | ||
| Q1 24 | $6.0M | $317.3M |
| Q4 25 | $-6.0M | $-530.5M | ||
| Q3 25 | $7.4M | $225.4M | ||
| Q2 25 | $89.5M | $-303.4M | ||
| Q1 25 | $13.6M | $-143.2M | ||
| Q4 24 | $-13.5M | $-118.6M | ||
| Q3 24 | $31.7M | $427.0M | ||
| Q2 24 | $20.4M | $-360.0M | ||
| Q1 24 | $5.6M | $-301.3M |
| Q4 25 | -0.6% | -41.1% | ||
| Q3 25 | 0.8% | 12.8% | ||
| Q2 25 | 13.7% | -22.4% | ||
| Q1 25 | 2.2% | -11.1% | ||
| Q4 24 | -2.0% | -9.7% | ||
| Q3 24 | 6.6% | 23.9% | ||
| Q2 24 | 4.2% | -25.6% | ||
| Q1 24 | 1.4% | -23.5% |
| Q4 25 | 0.3% | 66.9% | ||
| Q3 25 | 0.3% | 40.4% | ||
| Q2 25 | 0.2% | 46.3% | ||
| Q1 25 | 0.5% | 45.8% | ||
| Q4 24 | 0.4% | 41.9% | ||
| Q3 24 | 0.5% | 29.4% | ||
| Q2 24 | 0.6% | 48.1% | ||
| Q1 24 | 0.1% | 48.3% |
| Q4 25 | -0.44× | 3.96× | ||
| Q3 25 | 26.69× | 1.97× | ||
| Q2 25 | 9.65× | 1.89× | ||
| Q1 25 | 2.48× | 3.60× | ||
| Q4 24 | — | 5.06× | ||
| Q3 24 | 2.11× | 2.05× | ||
| Q2 24 | 1.21× | 1.53× | ||
| Q1 24 | 0.40× | 2.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASTH
| Medicare | $542.4M | 57% |
| Commercial | $99.1M | 10% |
| Care Delivery | $92.1M | 10% |
| Care Enablement | $78.9M | 8% |
| Other Third Parties | $58.0M | 6% |
| Health Care Patient Service | $39.8M | 4% |
| Health Care Other | $25.5M | 3% |
| Other | $12.1M | 1% |
| Management Service | $10.3M | 1% |
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
