Evergy (EVRG) vs NiSource (NI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Evergy (EVRG) has outperformed NiSource (NI) over the past year, gaining 3.4% versus a loss of 7.0%. Over five years, NI leads with a +62.9% price change compared with +26.8% for EVRG. NiSource is the larger company by market cap ($19.44 billion vs $18.51 billion), about 1.1 times the size.
On valuation, Evergy trades at a lower forward P/E (17.6x vs 18.0x for NiSource). Evergy offers the higher dividend yield (3.43% vs 1.43%). Evergy converts more of its revenue into profit, with a net margin of 14.4% versus 14.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EVRG | NI |
|---|---|---|
| Share price | $80.30 | $40.54 |
| Market cap | $18.51B | $19.44B |
| 1-day change | -0.06% | -0.32% |
| YTD return | +10.77% | -2.92% |
| 1-year return | +3.36% | -7.00% |
| 5-year return | +26.84% | +62.94% |
| P/E ratio (TTM) | 20.43 | 21.56 |
| Forward P/E | 17.59 | 18.01 |
| EPS (TTM) | $3.93 | $1.88 |
| Dividend yield | 3.43% | 1.43% |
| Annual dividend | $2.75 | $0.58 |
| Revenue (latest FY) | $5.96B | $6.52B |
| Revenue growth (YoY) | +1.95% | +23.47% |
| Net income (latest FY) | $855.60M | $929.50M |
| Gross margin | — | 75.71% |
| Operating margin | 25.71% | 28.14% |
| Net margin | 14.35% | 14.25% |
| 52-week high | $88.62 | $49.21 |
| 52-week low | $71.41 | $38.42 |
| Distance from 52-week high | -9.39% | -17.62% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +13.77% | +21.19% |
| Average volume | 2.12M | 5.53M |
| Shares outstanding | 230.57M | 479.56M |
| Employees | 4,691 | 7,668 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Power Generation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EVRG has outperformed NI by 10.4 percentage points over the past year.
- Evergy offers a meaningfully higher dividend yield (3.43% vs 1.43%).
- NiSource grew revenue faster in its latest fiscal year (+23.47% vs +1.95%).
About Evergy
EVRG stock →Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources.
Utilities · Power Generation · 4,691 employees
About NiSource
NI stock →NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations.
Utilities · Power Generation · 7,668 employees
EVRG vs NI FAQ
Which is bigger, Evergy or NiSource?
NiSource (NI) is larger, with a market capitalization of $19.44B compared with $18.51B for Evergy (EVRG).
Which stock has performed better over the past year, EVRG or NI?
EVRG returned +3.36% over the past 12 months, compared with -7.00% for NI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EVRG or NI?
EVRG has the lower trailing P/E at 20.4, versus 21.6 for NI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Evergy or NiSource?
Evergy has the higher yield at 3.43%, compared with 1.43% for NiSource.
Are Evergy and NiSource in the same industry?
Yes. Both are classified in the Power Generation industry within the Utilities sector.