EVRG vs. FE: Evergy vs. FirstEnergy Stock Comparison

November 11, 2026

How do Evergy (EVRG) and FirstEnergy (FE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Evergy (EVRG) and FirstEnergy (FE) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Evergy (EVRG) and FirstEnergy (FE)
Profile Item	EVRG	FE
Name	Evergy Inc.	FirstEnergy Corp.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Electric Utilities
GICS Sub-Industry	Electric Utilities	Electric Utilities
Market Capitalization	20.53 billion USD	26.88 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	February 21, 1973	November 10, 1997
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

EVRG

GSPC

Evergy (EVRG) vs. FirstEnergy (FE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Evergy (EVRG) and FirstEnergy (FE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Evergy (EVRG) and FirstEnergy (FE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Total Return (1Y)	20.55%	5.62%
Total Return (3Y, Annualized)	26.35%	14.20%
Total Return (5Y, Annualized)	10.88%	8.32%

Risk Profile

Drawdown History

EVRG

GSPC

Evergy (EVRG) vs. FirstEnergy (FE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Evergy (EVRG) and FirstEnergy (FE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Volatility (1Y, Annualized)	16.50%	16.31%
Beta (5Y)	0.48	0.39
Max Drawdown (5Y)	-29.83%	-28.59%
Avg. Volume (3M)	2.25M	4.29M

Risk-Adjusted Performance

Risk-Return Positioning

EVRG and FE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Sharpe Ratio (1Y)	0.99	0.08
Sortino Ratio (1Y)	1.44	0.11

Profitability

ROE (TTM)

Both Evergy (EVRG) at 10.06% and FirstEnergy (FE) at 10.04% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

EVRG

Utilities industry group

10.06%

Max: 17.99%
Q3: 12.01%
EVRG: 10.06%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

FE

Utilities industry group

10.04%

Max: 17.99%
Q3: 12.01%
FE: 10.04%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Evergy (EVRG) at 16.67% keeps about the industry-typical share of revenue as profit, while FirstEnergy (FE) at 7.49% retains only a bottom-quartile share.

EVRG

Utilities industry group

16.67%

Max: 28.78%
Q3: 17.30%
EVRG: 16.67%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

FE

Utilities industry group

7.49%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
FE: 7.49%
Min: -0.20%

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Evergy (EVRG) at 38.46% operates in the top operating margin quartile, ahead of FirstEnergy (FE) at 21.24%, which runs around its industry’s norm.

EVRG

Utilities industry group

38.46%

Max: 53.83%
EVRG: 38.46%
Q3: 31.12%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

FE

Utilities industry group

21.24%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
FE: 21.24%
Q1: 15.45%
Min: -4.90%

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
ROE (TTM)	10.06%	10.04%
ROA (TTM)	3.12%	3.66%
Net Margin (TTM)	16.67%	7.49%
Operating Margin (TTM)	38.46%	21.24%
Gross Margin (TTM)	52.95%	69.63%

Growth

Revenue Growth

FirstEnergy (FE) at 12.01% is around its peer norm for revenue growth, while Evergy (EVRG) at 1.95% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Evergy (EVRG) at -3.43% and FirstEnergy (FE) at 3.53% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Revenue Growth (YoY)	1.95%	12.01%
Revenue Growth (3Y CAGR)	0.58%	6.59%
EPS Growth (YoY)	-3.43%	3.53%
EPS Growth (3Y CAGR)	3.83%	35.34%

Financial Strength

Current Ratio (MRQ)

Both Evergy (EVRG) at 0.49 and FirstEnergy (FE) at 0.38 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

EVRG

Utilities industry group

0.49

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
EVRG: 0.49
Min: 0.29

FE

Utilities industry group

0.38

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
FE: 0.38
Min: 0.29

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Evergy (EVRG) at 1.47 carries an industry-typical debt-to-equity mix, while FirstEnergy (FE) at 2.07 uses more debt funding than most peers.

EVRG

Utilities industry group

1.47

Max: 2.63
Q3: 1.77
EVRG: 1.47
Median: 1.35
Q1: 0.84
Min: 0.00

FE

Utilities industry group

2.07

Max: 2.63
FE: 2.07
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Current Ratio (MRQ)	0.49	0.38
Debt / Equity (MRQ)	1.47	2.07
Net Debt / EBITDA	5.39	5.85

Dividends

Dividend Yield (TTM)

FirstEnergy (FE) at 3.90% delivers top-quartile income for its industry, while Evergy (EVRG) at 3.18% pays a more typical yield — both are credible income propositions, FE the richer one.

EVRG

Utilities industry group

3.18%

Max: 6.66%
Q3: 3.58%
EVRG: 3.18%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

FE

Utilities industry group

3.90%

Max: 6.66%
FE: 3.90%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Evergy (EVRG) at 61.92% pays out a band-typical share of earnings, while FirstEnergy (FE) at 87.92% distributes more than its industry norm — less retained, thinner cover.

EVRG

Utilities industry group

61.92%

Max: 113.04%
Q3: 68.72%
EVRG: 61.92%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

FE

Utilities industry group

87.92%

Max: 113.04%
FE: 87.92%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
Dividend Yield (TTM)	3.18%	3.90%
Dividend Payout Ratio (TTM)	61.92%	87.92%

Valuation

P/E Ratio (TTM)

Both Evergy (EVRG) at 19.50 and FirstEnergy (FE) at 22.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EVRG

Utilities industry group

19.50

Max: 31.22
Q3: 23.30
Median: 19.64
EVRG: 19.50
Q1: 15.17
Min: 3.34

FE

Utilities industry group

22.43

Max: 31.22
Q3: 23.30
FE: 22.43
Median: 19.64
Q1: 15.17
Min: 3.34

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Evergy (EVRG) at 3.22 and FirstEnergy (FE) at 1.68 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EVRG

Utilities industry group

3.22

Max: 6.35
Q3: 3.63
EVRG: 3.22
Median: 2.63
Q1: 1.52
Min: 0.00

FE

Utilities industry group

1.68

Max: 6.35
Q3: 3.63
Median: 2.63
FE: 1.68
Q1: 1.52
Min: 0.00

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Evergy (EVRG) at 1.86 and FirstEnergy (FE) at 2.07 are valued close to their industries’ norm against book — neither stands out from peers.

EVRG

Utilities industry group

1.86

Max: 3.12
Q3: 2.21
EVRG: 1.86
Median: 1.83
Q1: 1.46
Min: 0.34

FE

Utilities industry group

2.07

Max: 3.12
Q3: 2.21
FE: 2.07
Median: 1.83
Q1: 1.46
Min: 0.34

Evergy (EVRG) vs. FirstEnergy (FE): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Evergy (EVRG) and FirstEnergy (FE)
Metric	EVRG	FE
P/E Ratio (TTM)	19.50	22.43
P/S Ratio (TTM)	3.22	1.68
P/B Ratio (MRQ)	1.86	2.07
Free Cash Flow Yield (TTM)	-7.14%	-9.48%