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Side-by-side financial comparison of Evergy (EVRG) and Graham Holdings Co (GHC). Click either name above to swap in a different company.
Evergy is the larger business by last-quarter revenue ($1.3B vs $1.3B, roughly 1.0× Graham Holdings Co). Graham Holdings Co runs the higher net margin — 8.7% vs 6.5%, a 2.2% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs 0.4%). Graham Holdings Co produced more free cash flow last quarter ($5.0M vs $-530.5M). Over the past eight quarters, Graham Holdings Co's revenue compounded faster (4.2% CAGR vs 0.4%).
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.
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
EVRG vs GHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.3B |
| Net Profit | $84.3M | $108.7M |
| Gross Margin | — | — |
| Operating Margin | 18.5% | 3.8% |
| Net Margin | 6.5% | 8.7% |
| Revenue YoY | 5.3% | 0.4% |
| Net Profit YoY | 7.8% | -80.2% |
| EPS (diluted) | $0.35 | $24.76 |
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 | $1.3B | $1.3B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
| Q4 25 | $84.3M | $108.7M | ||
| Q3 25 | $475.0M | $122.9M | ||
| Q2 25 | $171.3M | $36.7M | ||
| Q1 25 | $125.0M | $23.9M | ||
| Q4 24 | $78.2M | $548.8M | ||
| Q3 24 | $465.6M | $72.5M | ||
| Q2 24 | $207.0M | $-21.0M | ||
| Q1 24 | $122.7M | $124.4M |
| Q4 25 | 18.5% | 3.8% | ||
| Q3 25 | 37.3% | 5.2% | ||
| Q2 25 | 25.4% | 6.0% | ||
| Q1 25 | 22.5% | 4.1% | ||
| Q4 24 | 18.1% | 5.8% | ||
| Q3 24 | 35.1% | 6.8% | ||
| Q2 24 | 25.4% | 2.2% | ||
| Q1 24 | 20.3% | 3.1% |
| Q4 25 | 6.5% | 8.7% | ||
| Q3 25 | 26.9% | 9.6% | ||
| Q2 25 | 12.6% | 3.0% | ||
| Q1 25 | 9.7% | 2.0% | ||
| Q4 24 | 6.4% | 44.1% | ||
| Q3 24 | 26.0% | 6.0% | ||
| Q2 24 | 14.7% | -1.8% | ||
| Q1 24 | 9.6% | 10.8% |
| Q4 25 | $0.35 | $24.76 | ||
| Q3 25 | $2.03 | $27.91 | ||
| Q2 25 | $0.74 | $8.35 | ||
| Q1 25 | $0.54 | $5.45 | ||
| Q4 24 | $0.34 | $124.05 | ||
| Q3 24 | $2.02 | $16.42 | ||
| Q2 24 | $0.90 | $-4.79 | ||
| Q1 24 | $0.53 | $27.72 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $19.8M | $267.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.2B | $4.8B |
| Total Assets | $33.9B | $8.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $267.0M | ||
| Q3 25 | $27.5M | $190.8M | ||
| Q2 25 | $27.8M | $176.2M | ||
| Q1 25 | $35.3M | $156.7M | ||
| Q4 24 | $22.0M | $260.9M | ||
| Q3 24 | $34.6M | $244.4M | ||
| Q2 24 | $26.1M | $140.7M | ||
| Q1 24 | $63.7M | $130.9M |
| Q4 25 | $10.2B | $4.8B | ||
| Q3 25 | $10.3B | $4.5B | ||
| Q2 25 | $10.0B | $4.4B | ||
| Q1 25 | $9.9B | $4.3B | ||
| Q4 24 | $10.0B | $4.3B | ||
| Q3 24 | $10.0B | $4.0B | ||
| Q2 24 | $9.7B | $4.0B | ||
| Q1 24 | $9.6B | $4.0B |
| Q4 25 | $33.9B | $8.4B | ||
| Q3 25 | $33.4B | $7.9B | ||
| Q2 25 | $32.9B | $7.6B | ||
| Q1 25 | $32.5B | $7.6B | ||
| Q4 24 | $32.3B | $7.7B | ||
| Q3 24 | $32.1B | $7.4B | ||
| Q2 24 | $31.8B | $7.2B | ||
| Q1 24 | $31.3B | $7.3B |
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 | $334.0M | $28.3M |
| Free Cash FlowOCF − Capex | $-530.5M | $5.0M |
| FCF MarginFCF / Revenue | -41.1% | 0.4% |
| Capex IntensityCapex / Revenue | 66.9% | 1.9% |
| Cash ConversionOCF / Net Profit | 3.96× | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | $-751.7M | $275.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $334.0M | $28.3M | ||
| Q3 25 | $937.7M | $178.1M | ||
| Q2 25 | $323.9M | $94.8M | ||
| Q1 25 | $449.6M | $46.0M | ||
| Q4 24 | $395.6M | $116.3M | ||
| Q3 24 | $953.3M | $237.6M | ||
| Q2 24 | $317.5M | $52.0M | ||
| Q1 24 | $317.3M | $1.1M |
| Q4 25 | $-530.5M | $5.0M | ||
| Q3 25 | $225.4M | $161.8M | ||
| Q2 25 | $-303.4M | $78.0M | ||
| Q1 25 | $-143.2M | $30.5M | ||
| Q4 24 | $-118.6M | $91.1M | ||
| Q3 24 | $427.0M | $219.4M | ||
| Q2 24 | $-360.0M | $33.7M | ||
| Q1 24 | $-301.3M | $-20.2M |
| Q4 25 | -41.1% | 0.4% | ||
| Q3 25 | 12.8% | 12.6% | ||
| Q2 25 | -22.4% | 6.4% | ||
| Q1 25 | -11.1% | 2.6% | ||
| Q4 24 | -9.7% | 7.3% | ||
| Q3 24 | 23.9% | 18.2% | ||
| Q2 24 | -25.6% | 2.8% | ||
| Q1 24 | -23.5% | -1.8% |
| Q4 25 | 66.9% | 1.9% | ||
| Q3 25 | 40.4% | 1.3% | ||
| Q2 25 | 46.3% | 1.4% | ||
| Q1 25 | 45.8% | 1.3% | ||
| Q4 24 | 41.9% | 2.0% | ||
| Q3 24 | 29.4% | 1.5% | ||
| Q2 24 | 48.1% | 1.5% | ||
| Q1 24 | 48.3% | 1.8% |
| Q4 25 | 3.96× | 0.26× | ||
| Q3 25 | 1.97× | 1.45× | ||
| Q2 25 | 1.89× | 2.58× | ||
| Q1 25 | 3.60× | 1.93× | ||
| Q4 24 | 5.06× | 0.21× | ||
| Q3 24 | 2.05× | 3.28× | ||
| Q2 24 | 1.53× | — | ||
| Q1 24 | 2.59× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
