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Side-by-side financial comparison of BXP, Inc. (BXP) 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 $872.1M, roughly 1.5× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 6.5%, a 8.7% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs 0.8%). Over the past eight quarters, BXP, Inc.'s revenue compounded faster (1.3% CAGR vs 0.4%).
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
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.
BXP vs EVRG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $1.3B |
| Net Profit | $133.0M | $84.3M |
| Gross Margin | — | — |
| Operating Margin | — | 18.5% |
| Net Margin | 15.3% | 6.5% |
| Revenue YoY | 0.8% | 5.3% |
| Net Profit YoY | 53.0% | 7.8% |
| EPS (diluted) | $1.69 | $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.
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $1.3B | ||
| Q3 25 | $871.5M | $1.8B | ||
| Q2 25 | $868.5M | $1.4B | ||
| Q1 25 | $865.2M | $1.3B | ||
| Q4 24 | $858.6M | $1.2B | ||
| Q3 24 | $859.2M | $1.8B | ||
| Q2 24 | $850.5M | $1.4B |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $84.3M | ||
| Q3 25 | $-121.7M | $475.0M | ||
| Q2 25 | $89.0M | $171.3M | ||
| Q1 25 | $61.2M | $125.0M | ||
| Q4 24 | $-228.9M | $78.2M | ||
| Q3 24 | $83.6M | $465.6M | ||
| Q2 24 | $79.6M | $207.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 18.5% | ||
| Q3 25 | — | 37.3% | ||
| Q2 25 | — | 25.4% | ||
| Q1 25 | — | 22.5% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 35.1% | ||
| Q2 24 | — | 25.4% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 6.5% | ||
| Q3 25 | -14.0% | 26.9% | ||
| Q2 25 | 10.2% | 12.6% | ||
| Q1 25 | 7.1% | 9.7% | ||
| Q4 24 | -26.7% | 6.4% | ||
| Q3 24 | 9.7% | 26.0% | ||
| Q2 24 | 9.4% | 14.7% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.35 | ||
| Q3 25 | $-0.77 | $2.03 | ||
| Q2 25 | $0.56 | $0.74 | ||
| Q1 25 | $0.39 | $0.54 | ||
| Q4 24 | $-1.46 | $0.34 | ||
| Q3 24 | $0.53 | $2.02 | ||
| Q2 24 | $0.51 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | $19.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7B | $10.2B |
| Total Assets | $25.1B | $33.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $19.8M | ||
| Q3 25 | $861.1M | $27.5M | ||
| Q2 25 | $447.0M | $27.8M | ||
| Q1 25 | $398.1M | $35.3M | ||
| Q4 24 | $1.3B | $22.0M | ||
| Q3 24 | $1.4B | $34.6M | ||
| Q2 24 | $685.4M | $26.1M |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $10.2B | ||
| Q3 25 | $5.0B | $10.3B | ||
| Q2 25 | $5.3B | $10.0B | ||
| Q1 25 | $5.3B | $9.9B | ||
| Q4 24 | $5.4B | $10.0B | ||
| Q3 24 | $5.8B | $10.0B | ||
| Q2 24 | $5.8B | $9.7B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $33.9B | ||
| Q3 25 | $26.0B | $33.4B | ||
| Q2 25 | $25.6B | $32.9B | ||
| Q1 25 | $25.4B | $32.5B | ||
| Q4 24 | $26.1B | $32.3B | ||
| Q3 24 | $26.4B | $32.1B | ||
| Q2 24 | $25.5B | $31.8B |
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 | — | $334.0M |
| Free Cash FlowOCF − Capex | — | $-530.5M |
| FCF MarginFCF / Revenue | — | -41.1% |
| Capex IntensityCapex / Revenue | 1.5% | 66.9% |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-751.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $334.0M | ||
| Q3 25 | $274.2M | $937.7M | ||
| Q2 25 | $353.1M | $323.9M | ||
| Q1 25 | $210.0M | $449.6M | ||
| Q4 24 | $383.7M | $395.6M | ||
| Q3 24 | $286.1M | $953.3M | ||
| Q2 24 | $367.1M | $317.5M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-530.5M | ||
| Q3 25 | $231.6M | $225.4M | ||
| Q2 25 | $281.5M | $-303.4M | ||
| Q1 25 | $152.6M | $-143.2M | ||
| Q4 24 | $312.5M | $-118.6M | ||
| Q3 24 | $234.5M | $427.0M | ||
| Q2 24 | $332.4M | $-360.0M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -41.1% | ||
| Q3 25 | 26.6% | 12.8% | ||
| Q2 25 | 32.4% | -22.4% | ||
| Q1 25 | 17.6% | -11.1% | ||
| Q4 24 | 36.4% | -9.7% | ||
| Q3 24 | 27.3% | 23.9% | ||
| Q2 24 | 39.1% | -25.6% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 66.9% | ||
| Q3 25 | 4.9% | 40.4% | ||
| Q2 25 | 8.2% | 46.3% | ||
| Q1 25 | 6.6% | 45.8% | ||
| Q4 24 | 8.3% | 41.9% | ||
| Q3 24 | 6.0% | 29.4% | ||
| Q2 24 | 4.1% | 48.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.96× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | 3.97× | 1.89× | ||
| Q1 25 | 3.43× | 3.60× | ||
| Q4 24 | — | 5.06× | ||
| Q3 24 | 3.42× | 2.05× | ||
| Q2 24 | 4.61× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 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% |
