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Side-by-side financial comparison of Evergy (EVRG) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.
Evergy is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.1× M/I HOMES, INC.). Evergy runs the higher net margin — 6.5% vs 5.6%, a 1.0% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs -4.8%). M/I HOMES, INC. produced more free cash flow last quarter ($-13.0M vs $-530.5M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% 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.
M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.
EVRG vs MHO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.1B |
| Net Profit | $84.3M | $64.0M |
| Gross Margin | — | 17.4% |
| Operating Margin | 18.5% | 6.5% |
| Net Margin | 6.5% | 5.6% |
| Revenue YoY | 5.3% | -4.8% |
| Net Profit YoY | 7.8% | -52.1% |
| EPS (diluted) | $0.35 | $2.42 |
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 | $1.1B | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.3B | $976.1M | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.3B | $1.0B |
| Q4 25 | $84.3M | $64.0M | ||
| Q3 25 | $475.0M | $106.5M | ||
| Q2 25 | $171.3M | $121.2M | ||
| Q1 25 | $125.0M | $111.2M | ||
| Q4 24 | $78.2M | $133.5M | ||
| Q3 24 | $465.6M | $145.4M | ||
| Q2 24 | $207.0M | $146.7M | ||
| Q1 24 | $122.7M | $138.1M |
| Q4 25 | — | 17.4% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | — | 24.7% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 27.1% | ||
| Q2 24 | — | 27.9% | ||
| Q1 24 | — | 27.1% |
| Q4 25 | 18.5% | 6.5% | ||
| Q3 25 | 37.3% | 12.0% | ||
| Q2 25 | 25.4% | 13.4% | ||
| Q1 25 | 22.5% | 14.4% | ||
| Q4 24 | 18.1% | 13.6% | ||
| Q3 24 | 35.1% | 15.9% | ||
| Q2 24 | 25.4% | 16.8% | ||
| Q1 24 | 20.3% | 16.6% |
| Q4 25 | 6.5% | 5.6% | ||
| Q3 25 | 26.9% | 9.4% | ||
| Q2 25 | 12.6% | 10.4% | ||
| Q1 25 | 9.7% | 11.4% | ||
| Q4 24 | 6.4% | 11.1% | ||
| Q3 24 | 26.0% | 12.7% | ||
| Q2 24 | 14.7% | 13.2% | ||
| Q1 24 | 9.6% | 13.2% |
| Q4 25 | $0.35 | $2.42 | ||
| Q3 25 | $2.03 | $3.92 | ||
| Q2 25 | $0.74 | $4.42 | ||
| Q1 25 | $0.54 | $3.98 | ||
| Q4 24 | $0.34 | $4.71 | ||
| Q3 24 | $2.02 | $5.10 | ||
| Q2 24 | $0.90 | $5.12 | ||
| Q1 24 | $0.53 | $4.78 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.2B | $3.2B |
| Total Assets | $33.9B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | — | ||
| Q3 25 | $27.5M | — | ||
| Q2 25 | $27.8M | — | ||
| Q1 25 | $35.3M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $34.6M | — | ||
| Q2 24 | $26.1M | — | ||
| Q1 24 | $63.7M | — |
| Q4 25 | $10.2B | $3.2B | ||
| Q3 25 | $10.3B | $3.1B | ||
| Q2 25 | $10.0B | $3.1B | ||
| Q1 25 | $9.9B | $3.0B | ||
| Q4 24 | $10.0B | $2.9B | ||
| Q3 24 | $10.0B | $2.8B | ||
| Q2 24 | $9.7B | $2.7B | ||
| Q1 24 | $9.6B | $2.6B |
| Q4 25 | $33.9B | $4.8B | ||
| Q3 25 | $33.4B | $4.8B | ||
| Q2 25 | $32.9B | $4.7B | ||
| Q1 25 | $32.5B | $4.6B | ||
| Q4 24 | $32.3B | $4.5B | ||
| Q3 24 | $32.1B | $4.5B | ||
| Q2 24 | $31.8B | $4.3B | ||
| Q1 24 | $31.3B | $4.2B |
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 | $-8.7M |
| Free Cash FlowOCF − Capex | $-530.5M | $-13.0M |
| FCF MarginFCF / Revenue | -41.1% | -1.1% |
| Capex IntensityCapex / Revenue | 66.9% | 0.4% |
| Cash ConversionOCF / Net Profit | 3.96× | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | $-751.7M | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $334.0M | $-8.7M | ||
| Q3 25 | $937.7M | $43.4M | ||
| Q2 25 | $323.9M | $37.8M | ||
| Q1 25 | $449.6M | $64.9M | ||
| Q4 24 | $395.6M | $104.4M | ||
| Q3 24 | $953.3M | $-67.9M | ||
| Q2 24 | $317.5M | $27.5M | ||
| Q1 24 | $317.3M | $115.8M |
| Q4 25 | $-530.5M | $-13.0M | ||
| Q3 25 | $225.4M | $42.0M | ||
| Q2 25 | $-303.4M | $35.1M | ||
| Q1 25 | $-143.2M | $63.5M | ||
| Q4 24 | $-118.6M | $102.3M | ||
| Q3 24 | $427.0M | $-68.5M | ||
| Q2 24 | $-360.0M | $22.0M | ||
| Q1 24 | $-301.3M | $115.5M |
| Q4 25 | -41.1% | -1.1% | ||
| Q3 25 | 12.8% | 3.7% | ||
| Q2 25 | -22.4% | 3.0% | ||
| Q1 25 | -11.1% | 6.5% | ||
| Q4 24 | -9.7% | 8.5% | ||
| Q3 24 | 23.9% | -6.0% | ||
| Q2 24 | -25.6% | 2.0% | ||
| Q1 24 | -23.5% | 11.0% |
| Q4 25 | 66.9% | 0.4% | ||
| Q3 25 | 40.4% | 0.1% | ||
| Q2 25 | 46.3% | 0.2% | ||
| Q1 25 | 45.8% | 0.1% | ||
| Q4 24 | 41.9% | 0.2% | ||
| Q3 24 | 29.4% | 0.1% | ||
| Q2 24 | 48.1% | 0.5% | ||
| Q1 24 | 48.3% | 0.0% |
| Q4 25 | 3.96× | -0.14× | ||
| Q3 25 | 1.97× | 0.41× | ||
| Q2 25 | 1.89× | 0.31× | ||
| Q1 25 | 3.60× | 0.58× | ||
| Q4 24 | 5.06× | 0.78× | ||
| Q3 24 | 2.05× | -0.47× | ||
| Q2 24 | 1.53× | 0.19× | ||
| Q1 24 | 2.59× | 0.84× |
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% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
