Evergy, Inc. — Earnings Quality Grade F
EVRG · Utilities
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 1 days, change +0 days YoY
AR growth 270.4% exceeds revenue growth 2.0%
Revenue 2.0%, CFFO 3.1%. Cash follows revenue
Expense Quality
Inventory -4.4% vs COGS 1.2%. Normal
CapEx growth 19.7% vs revenue 2.0%. Normal
Insufficient data
Gross margin 52.3%, change +0.4pp. Stable
Cash Flow Quality
CFFO/NI = 2.39. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -3.5%. Low accruals
Cash $0.0B covers only 0% of debt $15.2B
Balance Sheet Health
Goodwill+Intangibles $2.3B = 23% of equity. Manageable
Debt/EBITDA = 5.6x (>4x). Financial stress
Other assets 2.8% vs revenue 2.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
Goodwill+Intangibles change 0% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10