EIX vs EVRG: Edison International and Evergy compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Edison International is the larger company, worth $21.2B, close to Evergy's $18.8B.
- Edison International grew revenue faster over the last year (+7.7% vs +5.0%).
- Edison International keeps more of each dollar of revenue as operating profit (30.8% vs 25.9%).
- On earnings, Edison International is the cheaper stock (5.9x vs 21.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | EIX | EVRG |
|---|---|---|
| Market cap | $21.2B | $18.8B |
| Share price | $55.30 | $80.96 |
| Revenue (last fiscal year) | $19.3B | $6.0B |
| Free cash flow (last fiscal year) | -$715M | -$752M |
| Revenue growth, last year | +7.7% | +5.0% |
| Revenue growth per year, last 5 fiscal years | +6.7% | +1.6% |
| Operating margin | 30.8% | 25.9% |
| Net margin | 18.1% | 14.6% |
| Return on equity | 20.5% | 8.7% |
| P/E (trailing) | 5.93x | 21.7x |
| Price / free cash flow | — | — |
| EV / EBITDA | 6.48x | 12.6x |
| FCF growth the price implies | — | — |
| Dividend yield | 6.2% | 3.4% |
| Debt / equity | 4.36x | 2.39x |
| Fundamental grade | C | C |
| Superinvestors holding it | 3 | 5 |
| Insider purchases, last 12 months | 0 | 8 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Edison International
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $14.9B | -$5.5B | 9.9% |
| 2022 | $17.2B | -$2.6B | 8.6% |
| 2023 | $16.3B | -$2.0B | 16.1% |
| 2024 | $17.6B | -$693M | 16.6% |
| 2025 | $19.3B | -$715M | 36.7% |
Evergy
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $5.6B | -$621M | 24.3% |
| 2022 | $5.9B | -$365M | 21.6% |
| 2023 | $5.5B | -$354M | 23.3% |
| 2024 | $5.8B | -$353M | 25.1% |
| 2025 | $6.0B | -$752M | 25.7% |
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open EIX in InvestinglyQuestions
Which is bigger, Edison International or Evergy?
Edison International (EIX), at $21.2B against $18.8B.
Is EIX or EVRG cheaper?
By trailing P/E, Edison International (5.93x) is cheaper than Evergy (21.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, EIX or EVRG?
Edison International: revenue grew +7.7% over the last year, against +5.0%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.