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Evergy (EVRG) Q4 FY2021 earnings: revenue $1.1 billion, up 2.5% on the year

Evergy, Inc. (EVRG) reported revenue of $1.1 billion for Q4 FY2021, the quarter ended 31 December 2021, up 2.5% on the same quarter a year earlier. Net income was $53 million, up 4.7% on the year, and diluted earnings per share $0.23. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.

Revenue
$1.1 billion
+2.5% on the year · -30.6% on the quarter
Q1 FY2020Q4 FY2021
Operating margin
12.6%
14.0% a year earlier
Q1 FY2020Q4 FY2021
Net income
$53 million
+4.7% on the year · -88.1% on the quarter
Q1 FY2020Q4 FY2021
Diluted EPS
$0.23
+4.5% on the year · -88.2% on the quarter
Q1 FY2020Q4 FY2021

this quarterthe same quarter a year earlierHover a bar for its figure.

Income statement (profit and loss)

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Revenue1,1221,6161,094-30.6%+2.5%
Operating income141601153-76.5%-7.7%
Operating margin12.6%37.2%14.0%
Interest expense91.2n/an/a
Pre-tax income72.0n/an/a
Income tax17.6n/an/a
Effective tax rate24.4%n/an/a
Net income53.444951.0-88.1%+4.7%
Net margin4.8%n/an/a
Diluted EPS$0.23$1.95$0.22-88.2%+4.5%
$ million except per share.
Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Operating cash flow316n/an/a
Capital expenditure578n/an/a
Free cash flow-262n/an/a
Free cash flow margin-23.4%n/an/a
Cash from investing-565n/an/a
Cash from financing250n/an/a
Depreciation and amortisation227225222+0.8%+2.2%
Share-based compensation4.2n/an/a
Dividends paid131n/an/a
Diluted shares, weighted230m230mn/a-0.3%
Shares outstanding at period end229m229m227m+0.0%+1.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Shareholders' equity9,2449,3188,733-0.8%+5.9%
Non-controlling interest-2.7n/an/a
Debt11,166n/a9,627+16.0%
Other liabilities8,113n/an/a
Total liabilities and equity28,520n/an/a
Fixed assets21,003n/an/a
Goodwill2,337n/an/a
Cash and equivalents26.225.3145+3.6%-81.9%
Receivables222n/an/a
Other assets4,934n/an/a
Total assets28,520n/an/a

Questions

What was Evergy's revenue in Q4 FY2021?

Evergy (EVRG) reported revenue of $1.1 billion for Q4 FY2021, the quarter ended 31 December 2021, up 2.5% on the same quarter a year earlier.

How much did Evergy earn in Q4 FY2021?

Net income for Q4 FY2021 was $53 million, up 4.7% on the year, and diluted earnings per share $0.23.

When did Evergy report Q4 FY2021 results?

Evergy filed its 10-K for the year that ended with the quarter on 25 February 2022; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue1,1221,2241,4461,9091,2801,2971,3541,6691,1881,3311,4481,8111,2571,3741,4371,8101,3401,4441,5002,097
Operating income141253336578100279337486181260358628222292344658239318381808
Operating margin13%21%23%30%8%22%25%29%15%20%25%35%18%21%24%36%18%22%25%39%
Interest expense91.291.899.3102111123134137132133144144142152154152158174166168
Pre-tax income72.0135218479-26.815619136242.613121648774.613618350270.2156233660
Tax rate24%9%10%10%n/a8%6%2%-38%6%3%4%-6%7%5%5%-22%2%7%7%
Net income53.41221944287.514317935258.012320746678.212517147584.3152215613
Net margin5%10%13%22%1%11%13%21%5%9%14%26%6%9%12%26%6%10%14%29%
Diluted EPS$0.23$0.53$0.84$1.86$0.04$0.62$0.78$1.53$0.24$0.53$0.90$2.02$0.34$0.54$0.74$2.03$0.35$0.64$0.91$2.59
Operating cash flow316265324889324363352836428317318953396450324938334362349988
Capital expenditure578525592498552528576554676619678526514593627712864852960903
Free cash flow-262-260-268391-228-165-224283-248-301-360427-119-143-303225-530-489-61185.3
Dividends paid131131131131141141141141148148148148154154151151157158158158
Shares outstanding229m229m230m230m230m230m230m230m230m230m230m230m230m230m230m230m230m231m231m234m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2021, filed 25 February 2022: the filing.