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Side-by-side financial comparison of Evergy (EVRG) and HERBALIFE LTD. (HLF). Click either name above to swap in a different company.

Evergy is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× HERBALIFE LTD.). Evergy runs the higher net margin — 6.5% vs 5.0%, a 1.5% gap on every dollar of revenue. On growth, HERBALIFE LTD. posted the faster year-over-year revenue change (7.8% vs 5.3%). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs -2.3%).

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.

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

EVRG vs HLF — Head-to-Head

Bigger by revenue
EVRG
EVRG
1.1× larger
EVRG
$1.3B
$1.2B
HLF
Growing faster (revenue YoY)
HLF
HLF
+2.5% gap
HLF
7.8%
5.3%
EVRG
Higher net margin
EVRG
EVRG
1.5% more per $
EVRG
6.5%
5.0%
HLF
Faster 2-yr revenue CAGR
EVRG
EVRG
Annualised
EVRG
0.4%
-2.3%
HLF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EVRG
EVRG
HLF
HLF
Revenue
$1.3B
$1.2B
Net Profit
$84.3M
$61.2M
Gross Margin
84.0%
Operating Margin
18.5%
11.3%
Net Margin
6.5%
5.0%
Revenue YoY
5.3%
7.8%
Net Profit YoY
7.8%
21.4%
EPS (diluted)
$0.35
$0.57

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.

Revenue
EVRG
EVRG
HLF
HLF
Q1 26
$1.2B
Q4 25
$1.3B
$1.3B
Q3 25
$1.8B
$1.3B
Q2 25
$1.4B
$1.3B
Q1 25
$1.3B
$1.2B
Q4 24
$1.2B
$1.2B
Q3 24
$1.8B
$1.2B
Q2 24
$1.4B
$1.3B
Net Profit
EVRG
EVRG
HLF
HLF
Q1 26
$61.2M
Q4 25
$84.3M
$85.4M
Q3 25
$475.0M
$43.2M
Q2 25
$171.3M
$49.3M
Q1 25
$125.0M
$50.4M
Q4 24
$78.2M
$177.9M
Q3 24
$465.6M
$47.4M
Q2 24
$207.0M
$4.7M
Gross Margin
EVRG
EVRG
HLF
HLF
Q1 26
84.0%
Q4 25
77.5%
Q3 25
77.7%
Q2 25
78.0%
Q1 25
78.3%
Q4 24
77.8%
Q3 24
78.3%
Q2 24
77.9%
Operating Margin
EVRG
EVRG
HLF
HLF
Q1 26
11.3%
Q4 25
18.5%
7.8%
Q3 25
37.3%
9.9%
Q2 25
25.4%
10.5%
Q1 25
22.5%
10.1%
Q4 24
18.1%
8.8%
Q3 24
35.1%
10.2%
Q2 24
25.4%
6.3%
Net Margin
EVRG
EVRG
HLF
HLF
Q1 26
5.0%
Q4 25
6.5%
6.7%
Q3 25
26.9%
3.4%
Q2 25
12.6%
3.9%
Q1 25
9.7%
4.1%
Q4 24
6.4%
14.7%
Q3 24
26.0%
3.8%
Q2 24
14.7%
0.4%
EPS (diluted)
EVRG
EVRG
HLF
HLF
Q1 26
$0.57
Q4 25
$0.35
$0.81
Q3 25
$2.03
$0.42
Q2 25
$0.74
$0.48
Q1 25
$0.54
$0.49
Q4 24
$0.34
$1.75
Q3 24
$2.02
$0.46
Q2 24
$0.90
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVRG
EVRG
HLF
HLF
Cash + ST InvestmentsLiquidity on hand
$19.8M
$451.2M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$10.2B
Total Assets
$33.9B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVRG
EVRG
HLF
HLF
Q1 26
$451.2M
Q4 25
$19.8M
$353.1M
Q3 25
$27.5M
$305.5M
Q2 25
$27.8M
$320.9M
Q1 25
$35.3M
$329.4M
Q4 24
$22.0M
$415.3M
Q3 24
$34.6M
$402.5M
Q2 24
$26.1M
$374.0M
Total Debt
EVRG
EVRG
HLF
HLF
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
EVRG
EVRG
HLF
HLF
Q1 26
Q4 25
$10.2B
$-515.1M
Q3 25
$10.3B
$-612.0M
Q2 25
$10.0B
$-660.5M
Q1 25
$9.9B
$-736.0M
Q4 24
$10.0B
$-801.1M
Q3 24
$10.0B
$-954.2M
Q2 24
$9.7B
$-1.0B
Total Assets
EVRG
EVRG
HLF
HLF
Q1 26
$2.9B
Q4 25
$33.9B
$2.8B
Q3 25
$33.4B
$2.7B
Q2 25
$32.9B
$2.7B
Q1 25
$32.5B
$2.7B
Q4 24
$32.3B
$2.7B
Q3 24
$32.1B
$2.7B
Q2 24
$31.8B
$2.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVRG
EVRG
HLF
HLF
Operating Cash FlowLast quarter
$334.0M
$113.8M
Free Cash FlowOCF − Capex
$-530.5M
FCF MarginFCF / Revenue
-41.1%
Capex IntensityCapex / Revenue
66.9%
Cash ConversionOCF / Net Profit
3.96×
1.86×
TTM Free Cash FlowTrailing 4 quarters
$-751.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVRG
EVRG
HLF
HLF
Q1 26
$113.8M
Q4 25
$334.0M
$98.3M
Q3 25
$937.7M
$138.8M
Q2 25
$323.9M
$96.0M
Q1 25
$449.6M
$200.0K
Q4 24
$395.6M
$69.6M
Q3 24
$953.3M
$99.5M
Q2 24
$317.5M
$102.5M
Free Cash Flow
EVRG
EVRG
HLF
HLF
Q1 26
Q4 25
$-530.5M
$79.8M
Q3 25
$225.4M
$118.0M
Q2 25
$-303.4M
$73.2M
Q1 25
$-143.2M
$-18.1M
Q4 24
$-118.6M
$43.9M
Q3 24
$427.0M
$72.4M
Q2 24
$-360.0M
$66.2M
FCF Margin
EVRG
EVRG
HLF
HLF
Q1 26
Q4 25
-41.1%
6.2%
Q3 25
12.8%
9.3%
Q2 25
-22.4%
5.8%
Q1 25
-11.1%
-1.5%
Q4 24
-9.7%
3.6%
Q3 24
23.9%
5.8%
Q2 24
-25.6%
5.2%
Capex Intensity
EVRG
EVRG
HLF
HLF
Q1 26
Q4 25
66.9%
1.4%
Q3 25
40.4%
1.6%
Q2 25
46.3%
1.8%
Q1 25
45.8%
1.5%
Q4 24
41.9%
2.1%
Q3 24
29.4%
2.2%
Q2 24
48.1%
2.8%
Cash Conversion
EVRG
EVRG
HLF
HLF
Q1 26
1.86×
Q4 25
3.96×
1.15×
Q3 25
1.97×
3.21×
Q2 25
1.89×
1.95×
Q1 25
3.60×
0.00×
Q4 24
5.06×
0.39×
Q3 24
2.05×
2.10×
Q2 24
1.53×
21.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EVRG
EVRG

Electric Utility Customer Class Residential$462.9M36%
Electric Utility Customer Class Commercial$447.6M35%
Electric Utility Customer Class Industrial$164.1M13%
Electric Utility Customer Class Transmission$129.4M10%
Electric Utility Customer Class Wholesale$69.7M5%
Electric Utility Customer Class Other Retail$12.2M1%
Electric Utility Customer Class Industrial Steam$5.7M0%

HLF
HLF

Segment breakdown not available.

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