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Side-by-side financial comparison of Evergy (EVRG) and Zoetis (ZTS). Click either name above to swap in a different company.
Zoetis is the larger business by last-quarter revenue ($2.3B vs $1.3B, roughly 1.8× Evergy). Zoetis runs the higher net margin — 26.6% vs 6.5%, a 20.0% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs 2.9%). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs -2.1%).
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.
Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...
EVRG vs ZTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $2.3B |
| Net Profit | $84.3M | $601.0M |
| Gross Margin | — | 71.7% |
| Operating Margin | 18.5% | — |
| Net Margin | 6.5% | 26.6% |
| Revenue YoY | 5.3% | 2.9% |
| Net Profit YoY | 7.8% | -0.2% |
| EPS (diluted) | $0.35 | $1.42 |
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.
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.3B | $2.4B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.8B | $2.4B | ||
| Q2 24 | $1.4B | $2.4B |
| Q1 26 | — | $601.0M | ||
| Q4 25 | $84.3M | $603.0M | ||
| Q3 25 | $475.0M | $721.0M | ||
| Q2 25 | $171.3M | $718.0M | ||
| Q1 25 | $125.0M | $631.0M | ||
| Q4 24 | $78.2M | $581.0M | ||
| Q3 24 | $465.6M | $682.0M | ||
| Q2 24 | $207.0M | $624.0M |
| Q1 26 | — | 71.7% | ||
| Q4 25 | — | 70.2% | ||
| Q3 25 | — | 71.5% | ||
| Q2 25 | — | 73.6% | ||
| Q1 25 | — | 72.0% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 71.7% |
| Q1 26 | — | — | ||
| Q4 25 | 18.5% | 31.9% | ||
| Q3 25 | 37.3% | 37.0% | ||
| Q2 25 | 25.4% | 36.7% | ||
| Q1 25 | 22.5% | 36.5% | ||
| Q4 24 | 18.1% | 31.6% | ||
| Q3 24 | 35.1% | 36.6% | ||
| Q2 24 | 25.4% | 33.0% |
| Q1 26 | — | 26.6% | ||
| Q4 25 | 6.5% | 25.3% | ||
| Q3 25 | 26.9% | 30.0% | ||
| Q2 25 | 12.6% | 29.2% | ||
| Q1 25 | 9.7% | 28.4% | ||
| Q4 24 | 6.4% | 25.1% | ||
| Q3 24 | 26.0% | 28.6% | ||
| Q2 24 | 14.7% | 26.4% |
| Q1 26 | — | $1.42 | ||
| Q4 25 | $0.35 | $1.37 | ||
| Q3 25 | $2.03 | $1.63 | ||
| Q2 25 | $0.74 | $1.61 | ||
| Q1 25 | $0.54 | $1.41 | ||
| Q4 24 | $0.34 | $1.29 | ||
| Q3 24 | $2.02 | $1.50 | ||
| Q2 24 | $0.90 | $1.37 |
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 | — |
| Total Assets | $33.9B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $19.8M | — | ||
| Q3 25 | $27.5M | $2.1B | ||
| Q2 25 | $27.8M | $1.4B | ||
| Q1 25 | $35.3M | $1.7B | ||
| Q4 24 | $22.0M | $2.0B | ||
| Q3 24 | $34.6M | $1.7B | ||
| Q2 24 | $26.1M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $10.2B | $3.3B | ||
| Q3 25 | $10.3B | $5.4B | ||
| Q2 25 | $10.0B | $5.0B | ||
| Q1 25 | $9.9B | $4.7B | ||
| Q4 24 | $10.0B | $4.8B | ||
| Q3 24 | $10.0B | $5.2B | ||
| Q2 24 | $9.7B | $5.0B |
| Q1 26 | — | — | ||
| Q4 25 | $33.9B | $15.5B | ||
| Q3 25 | $33.4B | $15.2B | ||
| Q2 25 | $32.9B | $14.5B | ||
| Q1 25 | $32.5B | $14.1B | ||
| Q4 24 | $32.3B | $14.2B | ||
| Q3 24 | $32.1B | $14.4B | ||
| Q2 24 | $31.8B | $14.2B |
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 | — |
| Free Cash FlowOCF − Capex | $-530.5M | — |
| FCF MarginFCF / Revenue | -41.1% | — |
| Capex IntensityCapex / Revenue | 66.9% | — |
| Cash ConversionOCF / Net Profit | 3.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-751.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $334.0M | $893.0M | ||
| Q3 25 | $937.7M | $938.0M | ||
| Q2 25 | $323.9M | $486.0M | ||
| Q1 25 | $449.6M | $587.0M | ||
| Q4 24 | $395.6M | $905.0M | ||
| Q3 24 | $953.3M | $951.0M | ||
| Q2 24 | $317.5M | $502.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-530.5M | $732.0M | ||
| Q3 25 | $225.4M | $805.0M | ||
| Q2 25 | $-303.4M | $308.0M | ||
| Q1 25 | $-143.2M | $438.0M | ||
| Q4 24 | $-118.6M | $689.0M | ||
| Q3 24 | $427.0M | $784.0M | ||
| Q2 24 | $-360.0M | $370.0M |
| Q1 26 | — | — | ||
| Q4 25 | -41.1% | 30.7% | ||
| Q3 25 | 12.8% | 33.5% | ||
| Q2 25 | -22.4% | 12.5% | ||
| Q1 25 | -11.1% | 19.7% | ||
| Q4 24 | -9.7% | 29.7% | ||
| Q3 24 | 23.9% | 32.8% | ||
| Q2 24 | -25.6% | 15.7% |
| Q1 26 | — | — | ||
| Q4 25 | 66.9% | 6.7% | ||
| Q3 25 | 40.4% | 5.5% | ||
| Q2 25 | 46.3% | 7.2% | ||
| Q1 25 | 45.8% | 6.7% | ||
| Q4 24 | 41.9% | 9.3% | ||
| Q3 24 | 29.4% | 7.0% | ||
| Q2 24 | 48.1% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.96× | 1.48× | ||
| Q3 25 | 1.97× | 1.30× | ||
| Q2 25 | 1.89× | 0.68× | ||
| Q1 25 | 3.60× | 0.93× | ||
| Q4 24 | 5.06× | 1.56× | ||
| Q3 24 | 2.05× | 1.39× | ||
| Q2 24 | 1.53× | 0.80× |
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% |
ZTS
| Companion Animal | $1.5B | 67% |
| Livestock | $720.0M | 32% |
| Contract Manufacturing & Human Health | $23.0M | 1% |
