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Side-by-side financial comparison of Evergy (EVRG) and Installed Building Products, Inc. (IBP). Click either name above to swap in a different company.
Evergy is the larger business by last-quarter revenue ($1.3B vs $747.5M, roughly 1.7× Installed Building Products, Inc.). Installed Building Products, Inc. runs the higher net margin — 10.2% vs 6.5%, a 3.7% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs -0.4%). Installed Building Products, Inc. produced more free cash flow last quarter ($49.3M vs $-530.5M). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% 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.
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
EVRG vs IBP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $747.5M |
| Net Profit | $84.3M | $76.6M |
| Gross Margin | — | 35.0% |
| Operating Margin | 18.5% | 14.6% |
| Net Margin | 6.5% | 10.2% |
| Revenue YoY | 5.3% | -0.4% |
| Net Profit YoY | 7.8% | 14.5% |
| EPS (diluted) | $0.35 | $2.81 |
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 | $747.5M | ||
| Q3 25 | $1.8B | $778.2M | ||
| Q2 25 | $1.4B | $760.3M | ||
| Q1 25 | $1.3B | $684.8M | ||
| Q4 24 | $1.2B | $750.2M | ||
| Q3 24 | $1.8B | $760.6M | ||
| Q2 24 | $1.4B | $737.6M | ||
| Q1 24 | $1.3B | $692.9M |
| Q4 25 | $84.3M | $76.6M | ||
| Q3 25 | $475.0M | $74.4M | ||
| Q2 25 | $171.3M | $69.0M | ||
| Q1 25 | $125.0M | $45.4M | ||
| Q4 24 | $78.2M | $66.9M | ||
| Q3 24 | $465.6M | $68.6M | ||
| Q2 24 | $207.0M | $65.2M | ||
| Q1 24 | $122.7M | $55.9M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 33.6% | ||
| Q3 24 | — | 33.8% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 33.8% |
| Q4 25 | 18.5% | 14.6% | ||
| Q3 25 | 37.3% | 13.7% | ||
| Q2 25 | 25.4% | 13.3% | ||
| Q1 25 | 22.5% | 10.2% | ||
| Q4 24 | 18.1% | 13.1% | ||
| Q3 24 | 35.1% | 13.3% | ||
| Q2 24 | 25.4% | 12.9% | ||
| Q1 24 | 20.3% | 12.7% |
| Q4 25 | 6.5% | 10.2% | ||
| Q3 25 | 26.9% | 9.6% | ||
| Q2 25 | 12.6% | 9.1% | ||
| Q1 25 | 9.7% | 6.6% | ||
| Q4 24 | 6.4% | 8.9% | ||
| Q3 24 | 26.0% | 9.0% | ||
| Q2 24 | 14.7% | 8.8% | ||
| Q1 24 | 9.6% | 8.1% |
| Q4 25 | $0.35 | $2.81 | ||
| Q3 25 | $2.03 | $2.74 | ||
| Q2 25 | $0.74 | $2.52 | ||
| Q1 25 | $0.54 | $1.64 | ||
| Q4 24 | $0.34 | $2.39 | ||
| Q3 24 | $2.02 | $2.44 | ||
| Q2 24 | $0.90 | $2.30 | ||
| Q1 24 | $0.53 | $1.97 |
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 | $321.9M |
| Total DebtLower is stronger | — | $886.6M |
| Stockholders' EquityBook value | $10.2B | $709.9M |
| Total Assets | $33.9B | $2.1B |
| Debt / EquityLower = less leverage | — | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $321.9M | ||
| Q3 25 | $27.5M | $333.3M | ||
| Q2 25 | $27.8M | $305.2M | ||
| Q1 25 | $35.3M | $298.7M | ||
| Q4 24 | $22.0M | $327.6M | ||
| Q3 24 | $34.6M | $406.2M | ||
| Q2 24 | $26.1M | $380.3M | ||
| Q1 24 | $63.7M | $399.9M |
| Q4 25 | — | $886.6M | ||
| Q3 25 | — | $880.8M | ||
| Q2 25 | — | $876.1M | ||
| Q1 25 | — | $872.4M | ||
| Q4 24 | — | $874.8M | ||
| Q3 24 | — | $872.3M | ||
| Q2 24 | — | $875.8M | ||
| Q1 24 | — | $875.0M |
| Q4 25 | $10.2B | $709.9M | ||
| Q3 25 | $10.3B | $678.6M | ||
| Q2 25 | $10.0B | $664.5M | ||
| Q1 25 | $9.9B | $660.9M | ||
| Q4 24 | $10.0B | $705.3M | ||
| Q3 24 | $10.0B | $716.4M | ||
| Q2 24 | $9.7B | $685.3M | ||
| Q1 24 | $9.6B | $679.2M |
| Q4 25 | $33.9B | $2.1B | ||
| Q3 25 | $33.4B | $2.1B | ||
| Q2 25 | $32.9B | $2.0B | ||
| Q1 25 | $32.5B | $2.0B | ||
| Q4 24 | $32.3B | $2.1B | ||
| Q3 24 | $32.1B | $2.1B | ||
| Q2 24 | $31.8B | $2.0B | ||
| Q1 24 | $31.3B | $2.0B |
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 1.32× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.24× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.29× |
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 | $64.9M |
| Free Cash FlowOCF − Capex | $-530.5M | $49.3M |
| FCF MarginFCF / Revenue | -41.1% | 6.6% |
| Capex IntensityCapex / Revenue | 66.9% | 2.1% |
| Cash ConversionOCF / Net Profit | 3.96× | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | $-751.7M | $300.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $334.0M | $64.9M | ||
| Q3 25 | $937.7M | $124.0M | ||
| Q2 25 | $323.9M | $90.4M | ||
| Q1 25 | $449.6M | $92.1M | ||
| Q4 24 | $395.6M | $74.8M | ||
| Q3 24 | $953.3M | $101.4M | ||
| Q2 24 | $317.5M | $79.0M | ||
| Q1 24 | $317.3M | $84.8M |
| Q4 25 | $-530.5M | $49.3M | ||
| Q3 25 | $225.4M | $104.8M | ||
| Q2 25 | $-303.4M | $74.8M | ||
| Q1 25 | $-143.2M | $71.9M | ||
| Q4 24 | $-118.6M | $52.9M | ||
| Q3 24 | $427.0M | $77.3M | ||
| Q2 24 | $-360.0M | $58.2M | ||
| Q1 24 | $-301.3M | $63.0M |
| Q4 25 | -41.1% | 6.6% | ||
| Q3 25 | 12.8% | 13.5% | ||
| Q2 25 | -22.4% | 9.8% | ||
| Q1 25 | -11.1% | 10.5% | ||
| Q4 24 | -9.7% | 7.1% | ||
| Q3 24 | 23.9% | 10.2% | ||
| Q2 24 | -25.6% | 7.9% | ||
| Q1 24 | -23.5% | 9.1% |
| Q4 25 | 66.9% | 2.1% | ||
| Q3 25 | 40.4% | 2.5% | ||
| Q2 25 | 46.3% | 2.1% | ||
| Q1 25 | 45.8% | 2.9% | ||
| Q4 24 | 41.9% | 2.9% | ||
| Q3 24 | 29.4% | 3.2% | ||
| Q2 24 | 48.1% | 2.8% | ||
| Q1 24 | 48.3% | 3.1% |
| Q4 25 | 3.96× | 0.85× | ||
| Q3 25 | 1.97× | 1.67× | ||
| Q2 25 | 1.89× | 1.31× | ||
| Q1 25 | 3.60× | 2.03× | ||
| Q4 24 | 5.06× | 1.12× | ||
| Q3 24 | 2.05× | 1.48× | ||
| Q2 24 | 1.53× | 1.21× | ||
| Q1 24 | 2.59× | 1.52× |
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% |
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
