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Side-by-side financial comparison of Evergy (EVRG) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

Evergy is the larger business by last-quarter revenue ($1.3B vs $790.2M, roughly 1.6× UNITED THERAPEUTICS Corp). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 6.5%, a 39.6% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs 5.3%). UNITED THERAPEUTICS Corp produced more free cash flow last quarter ($173.3M vs $-530.5M). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% 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.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

EVRG vs UTHR — Head-to-Head

Bigger by revenue
EVRG
EVRG
1.6× larger
EVRG
$1.3B
$790.2M
UTHR
Growing faster (revenue YoY)
UTHR
UTHR
+2.1% gap
UTHR
7.4%
5.3%
EVRG
Higher net margin
UTHR
UTHR
39.6% more per $
UTHR
46.1%
6.5%
EVRG
More free cash flow
UTHR
UTHR
$703.8M more FCF
UTHR
$173.3M
$-530.5M
EVRG
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
0.4%
EVRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EVRG
EVRG
UTHR
UTHR
Revenue
$1.3B
$790.2M
Net Profit
$84.3M
$364.3M
Gross Margin
86.9%
Operating Margin
18.5%
45.1%
Net Margin
6.5%
46.1%
Revenue YoY
5.3%
7.4%
Net Profit YoY
7.8%
20.9%
EPS (diluted)
$0.35
$7.66

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
UTHR
UTHR
Q4 25
$1.3B
$790.2M
Q3 25
$1.8B
$799.5M
Q2 25
$1.4B
$798.6M
Q1 25
$1.3B
$794.4M
Q4 24
$1.2B
$735.9M
Q3 24
$1.8B
$748.9M
Q2 24
$1.4B
$714.9M
Q1 24
$1.3B
$677.7M
Net Profit
EVRG
EVRG
UTHR
UTHR
Q4 25
$84.3M
$364.3M
Q3 25
$475.0M
$338.7M
Q2 25
$171.3M
$309.5M
Q1 25
$125.0M
$322.2M
Q4 24
$78.2M
$301.3M
Q3 24
$465.6M
$309.1M
Q2 24
$207.0M
$278.1M
Q1 24
$122.7M
$306.6M
Gross Margin
EVRG
EVRG
UTHR
UTHR
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Q1 24
89.2%
Operating Margin
EVRG
EVRG
UTHR
UTHR
Q4 25
18.5%
45.1%
Q3 25
37.3%
48.6%
Q2 25
25.4%
45.6%
Q1 25
22.5%
48.2%
Q4 24
18.1%
48.6%
Q3 24
35.1%
45.8%
Q2 24
25.4%
44.7%
Q1 24
20.3%
52.6%
Net Margin
EVRG
EVRG
UTHR
UTHR
Q4 25
6.5%
46.1%
Q3 25
26.9%
42.4%
Q2 25
12.6%
38.8%
Q1 25
9.7%
40.6%
Q4 24
6.4%
40.9%
Q3 24
26.0%
41.3%
Q2 24
14.7%
38.9%
Q1 24
9.6%
45.2%
EPS (diluted)
EVRG
EVRG
UTHR
UTHR
Q4 25
$0.35
$7.66
Q3 25
$2.03
$7.16
Q2 25
$0.74
$6.41
Q1 25
$0.54
$6.63
Q4 24
$0.34
$6.23
Q3 24
$2.02
$6.39
Q2 24
$0.90
$5.85
Q1 24
$0.53
$6.17

Balance Sheet & Financial Strength

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

Metric
EVRG
EVRG
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$19.8M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$10.2B
$7.1B
Total Assets
$33.9B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVRG
EVRG
UTHR
UTHR
Q4 25
$19.8M
$2.9B
Q3 25
$27.5M
$2.8B
Q2 25
$27.8M
$3.0B
Q1 25
$35.3M
$3.3B
Q4 24
$22.0M
$3.3B
Q3 24
$34.6M
$3.3B
Q2 24
$26.1M
$3.0B
Q1 24
$63.7M
$2.7B
Stockholders' Equity
EVRG
EVRG
UTHR
UTHR
Q4 25
$10.2B
$7.1B
Q3 25
$10.3B
$6.6B
Q2 25
$10.0B
$7.2B
Q1 25
$9.9B
$6.8B
Q4 24
$10.0B
$6.4B
Q3 24
$10.0B
$6.1B
Q2 24
$9.7B
$5.7B
Q1 24
$9.6B
$5.3B
Total Assets
EVRG
EVRG
UTHR
UTHR
Q4 25
$33.9B
$7.9B
Q3 25
$33.4B
$7.4B
Q2 25
$32.9B
$7.9B
Q1 25
$32.5B
$7.7B
Q4 24
$32.3B
$7.4B
Q3 24
$32.1B
$7.1B
Q2 24
$31.8B
$6.7B
Q1 24
$31.3B
$6.5B

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
UTHR
UTHR
Operating Cash FlowLast quarter
$334.0M
$346.2M
Free Cash FlowOCF − Capex
$-530.5M
$173.3M
FCF MarginFCF / Revenue
-41.1%
21.9%
Capex IntensityCapex / Revenue
66.9%
21.9%
Cash ConversionOCF / Net Profit
3.96×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$-751.7M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVRG
EVRG
UTHR
UTHR
Q4 25
$334.0M
$346.2M
Q3 25
$937.7M
$562.1M
Q2 25
$323.9M
$191.7M
Q1 25
$449.6M
$461.2M
Q4 24
$395.6M
$341.2M
Q3 24
$953.3M
$377.2M
Q2 24
$317.5M
$232.2M
Q1 24
$317.3M
$376.5M
Free Cash Flow
EVRG
EVRG
UTHR
UTHR
Q4 25
$-530.5M
$173.3M
Q3 25
$225.4M
$351.6M
Q2 25
$-303.4M
$129.5M
Q1 25
$-143.2M
$386.3M
Q4 24
$-118.6M
$254.5M
Q3 24
$427.0M
$300.7M
Q2 24
$-360.0M
$187.1M
Q1 24
$-301.3M
$338.3M
FCF Margin
EVRG
EVRG
UTHR
UTHR
Q4 25
-41.1%
21.9%
Q3 25
12.8%
44.0%
Q2 25
-22.4%
16.2%
Q1 25
-11.1%
48.6%
Q4 24
-9.7%
34.6%
Q3 24
23.9%
40.2%
Q2 24
-25.6%
26.2%
Q1 24
-23.5%
49.9%
Capex Intensity
EVRG
EVRG
UTHR
UTHR
Q4 25
66.9%
21.9%
Q3 25
40.4%
26.3%
Q2 25
46.3%
7.8%
Q1 25
45.8%
9.4%
Q4 24
41.9%
11.8%
Q3 24
29.4%
10.2%
Q2 24
48.1%
6.3%
Q1 24
48.3%
5.6%
Cash Conversion
EVRG
EVRG
UTHR
UTHR
Q4 25
3.96×
0.95×
Q3 25
1.97×
1.66×
Q2 25
1.89×
0.62×
Q1 25
3.60×
1.43×
Q4 24
5.06×
1.13×
Q3 24
2.05×
1.22×
Q2 24
1.53×
0.83×
Q1 24
2.59×
1.23×

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%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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