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Side-by-side financial comparison of Evergy (EVRG) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.6× Evergy). Ovintiv Inc. runs the higher net margin — 46.1% vs 6.5%, a 39.5% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $-530.5M). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs -7.2%).
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.
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
EVRG vs OVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $2.1B |
| Net Profit | $84.3M | $946.0M |
| Gross Margin | — | — |
| Operating Margin | 18.5% | 21.2% |
| Net Margin | 6.5% | 46.1% |
| Revenue YoY | 5.3% | -6.0% |
| Net Profit YoY | 7.8% | 1676.7% |
| EPS (diluted) | $0.35 | $3.64 |
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 | $2.1B | ||
| Q3 25 | $1.8B | $2.0B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.3B | $2.4B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.4B | $2.2B | ||
| Q1 24 | $1.3B | $2.4B |
| Q4 25 | $84.3M | $946.0M | ||
| Q3 25 | $475.0M | $148.0M | ||
| Q2 25 | $171.3M | $307.0M | ||
| Q1 25 | $125.0M | $-159.0M | ||
| Q4 24 | $78.2M | $-60.0M | ||
| Q3 24 | $465.6M | $507.0M | ||
| Q2 24 | $207.0M | $340.0M | ||
| Q1 24 | $122.7M | $338.0M |
| Q4 25 | 18.5% | 21.2% | ||
| Q3 25 | 37.3% | 13.5% | ||
| Q2 25 | 25.4% | 23.1% | ||
| Q1 25 | 22.5% | -3.7% | ||
| Q4 24 | 18.1% | 0.1% | ||
| Q3 24 | 35.1% | 24.2% | ||
| Q2 24 | 25.4% | 25.4% | ||
| Q1 24 | 20.3% | 20.7% |
| Q4 25 | 6.5% | 46.1% | ||
| Q3 25 | 26.9% | 7.3% | ||
| Q2 25 | 12.6% | 13.9% | ||
| Q1 25 | 9.7% | -6.7% | ||
| Q4 24 | 6.4% | -2.7% | ||
| Q3 24 | 26.0% | 23.3% | ||
| Q2 24 | 14.7% | 15.5% | ||
| Q1 24 | 9.6% | 14.2% |
| Q4 25 | $0.35 | $3.64 | ||
| Q3 25 | $2.03 | $0.57 | ||
| Q2 25 | $0.74 | $1.18 | ||
| Q1 25 | $0.54 | $-0.61 | ||
| Q4 24 | $0.34 | $-0.22 | ||
| Q3 24 | $2.02 | $1.92 | ||
| Q2 24 | $0.90 | $1.27 | ||
| Q1 24 | $0.53 | $1.24 |
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 | $280.0M |
| Total DebtLower is stronger | — | $5.2B |
| Stockholders' EquityBook value | $10.2B | $11.2B |
| Total Assets | $33.9B | $20.4B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $280.0M | ||
| Q3 25 | $27.5M | $25.0M | ||
| Q2 25 | $27.8M | $20.0M | ||
| Q1 25 | $35.3M | $8.0M | ||
| Q4 24 | $22.0M | $42.0M | ||
| Q3 24 | $34.6M | $9.0M | ||
| Q2 24 | $26.1M | $8.0M | ||
| Q1 24 | $63.7M | $5.0M |
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.2B |
| Q4 25 | $10.2B | $11.2B | ||
| Q3 25 | $10.3B | $10.2B | ||
| Q2 25 | $10.0B | $10.4B | ||
| Q1 25 | $9.9B | $10.1B | ||
| Q4 24 | $10.0B | $10.3B | ||
| Q3 24 | $10.0B | $10.7B | ||
| Q2 24 | $9.7B | $10.3B | ||
| Q1 24 | $9.6B | $10.3B |
| Q4 25 | $33.9B | $20.4B | ||
| Q3 25 | $33.4B | $19.4B | ||
| Q2 25 | $32.9B | $19.7B | ||
| Q1 25 | $32.5B | $19.6B | ||
| Q4 24 | $32.3B | $19.3B | ||
| Q3 24 | $32.1B | $19.9B | ||
| Q2 24 | $31.8B | $19.8B | ||
| Q1 24 | $31.3B | $19.8B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.60× |
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 | $954.0M |
| Free Cash FlowOCF − Capex | $-530.5M | $489.0M |
| FCF MarginFCF / Revenue | -41.1% | 23.8% |
| Capex IntensityCapex / Revenue | 66.9% | 22.6% |
| Cash ConversionOCF / Net Profit | 3.96× | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | $-751.7M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $334.0M | $954.0M | ||
| Q3 25 | $937.7M | $812.0M | ||
| Q2 25 | $323.9M | $1.0B | ||
| Q1 25 | $449.6M | $873.0M | ||
| Q4 24 | $395.6M | $1.0B | ||
| Q3 24 | $953.3M | $1.0B | ||
| Q2 24 | $317.5M | $1.0B | ||
| Q1 24 | $317.3M | $659.0M |
| Q4 25 | $-530.5M | $489.0M | ||
| Q3 25 | $225.4M | $268.0M | ||
| Q2 25 | $-303.4M | $492.0M | ||
| Q1 25 | $-143.2M | $256.0M | ||
| Q4 24 | $-118.6M | $468.0M | ||
| Q3 24 | $427.0M | $484.0M | ||
| Q2 24 | $-360.0M | $398.0M | ||
| Q1 24 | $-301.3M | $68.0M |
| Q4 25 | -41.1% | 23.8% | ||
| Q3 25 | 12.8% | 13.3% | ||
| Q2 25 | -22.4% | 22.2% | ||
| Q1 25 | -11.1% | 10.8% | ||
| Q4 24 | -9.7% | 21.4% | ||
| Q3 24 | 23.9% | 22.2% | ||
| Q2 24 | -25.6% | 18.1% | ||
| Q1 24 | -23.5% | 2.8% |
| Q4 25 | 66.9% | 22.6% | ||
| Q3 25 | 40.4% | 26.9% | ||
| Q2 25 | 46.3% | 23.5% | ||
| Q1 25 | 45.8% | 26.0% | ||
| Q4 24 | 41.9% | 25.3% | ||
| Q3 24 | 29.4% | 24.7% | ||
| Q2 24 | 48.1% | 28.4% | ||
| Q1 24 | 48.3% | 24.8% |
| Q4 25 | 3.96× | 1.01× | ||
| Q3 25 | 1.97× | 5.49× | ||
| Q2 25 | 1.89× | 3.30× | ||
| Q1 25 | 3.60× | — | ||
| Q4 24 | 5.06× | — | ||
| Q3 24 | 2.05× | 2.02× | ||
| Q2 24 | 1.53× | 3.00× | ||
| Q1 24 | 2.59× | 1.95× |
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% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
