Evergy Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2024
or
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
| Exact name of registrant as specified in its charter, | ||
|---|---|---|
| Commission | state of incorporation, address of principal | I.R.S. Employer |
| File Number | executive offices and telephone number | Identification Number |
| 001-38515 | EVERGY, INC. | 82-2733395 |
(a Missouri corporation)
1200 Main Street
Kansas City, Missouri 64105
(816)556-2200
| 001-03523 | EVERGY KANSAS CENTRAL, INC. | 48-0290150 |
(a Kansas corporation)
818 South Kansas Avenue
Topeka, Kansas 66612
(785)575-6300
| 000-51873 | EVERGY METRO, INC. | 44-0308720 |
(a Missouri corporation)
1200 Main Street
Kansas City, Missouri 64105
(816)556-2200
| Securities registered pursuant to Section 12(b) of the Act: | ||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Evergy, Inc. common stock | EVRG | The Nasdaq Stock Market LLC |
Securities registered pursuant to Section 12(g) of the Act: Evergy Kansas Central, Inc. Common Stock $0.01 par value and Evergy Metro, Inc. Common Stock without par value.
| Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Evergy, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ | ||||||
| Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. | ||||||||||
| Evergy, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ | ||||||
| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. | ||||||||||
| Evergy, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Metro, Inc. | Yes | ☒ | No | ☐ | ||||||
| Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). | ||||||||||
| Evergy, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Metro, Inc. | Yes | ☒ | No | ☐ | ||||||
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. | ||||||||||
| Evergy, Inc. | Large Accelerated Filer | ☒ | Accelerated Filer | ☐ | Non-accelerated Filer | ☐ | Smaller Reporting Company | ☐ | Emerging Growth Company | ☐ |
| Evergy Kansas Central, Inc. | Large Accelerated Filer | ☐ | Accelerated Filer | ☐ | Non-accelerated Filer | ☒ | Smaller Reporting Company | ☐ | Emerging Growth Company | ☐ |
| Evergy Metro, Inc. | Large Accelerated Filer | ☐ | Accelerated Filer | ☐ | Non-accelerated Filer | ☒ | Smaller Reporting Company | ☐ | Emerging Growth Company | ☐ |
| Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. | ||||||||||
| Evergy, Inc. | Yes | ☒ | No | ☐ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ | ||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ||||||||||
| Evergy, Inc. | ☐ | |||||||||
| Evergy Kansas Central, Inc. | ☐ | |||||||||
| Evergy Metro, Inc. | ☐ | |||||||||
| If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. | ||||||||||
| Evergy, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ | ||||||
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ | ||||||
| Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). | ||||
|---|---|---|---|---|
| Evergy, Inc. | Yes | ☐ | No | ☒ |
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ |
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). | ||||
| Evergy, Inc. | Yes | ☐ | No | ☒ |
| Evergy Kansas Central, Inc. | Yes | ☐ | No | ☒ |
| Evergy Metro, Inc. | Yes | ☐ | No | ☒ |
The aggregate market value of the voting and non-voting common equity held by non-affiliates of Evergy, Inc. (based on the closing price of its common stock on The Nasdaq Stock Market LLC on June 30, 2024) was approximately $12,025,571,828. All of the common equity of Evergy Kansas Central, Inc. and Evergy Metro, Inc. is held by Evergy, Inc.
On February 19, 2025, Evergy, Inc. had 230,009,344 shares of common stock outstanding.
On February 19, 2025, Evergy Kansas Central, Inc. and Evergy Metro, Inc. each hadone share of common stock outstanding and held by Evergy, Inc.
Evergy Kansas Central, Inc. and Evergy Metro, Inc. meet the conditions set forth in General Instruction (I)(1)(a) and (b) of Form 10-K and are therefore filing this Form 10-K with the reduced disclosure format.
Documents Incorporated by Reference
Portions of the 2025 annual meeting proxy statement of Evergy, Inc. to be filed with the Securities and Exchange Commission are incorporated by reference in Part III of this report.
This combined annual report on Form 10-K is provided by the following registrants: Evergy, Inc. (Evergy), Evergy Kansas Central, Inc. (Evergy Kansas Central) and Evergy Metro, Inc. (Evergy Metro) (collectively, the Evergy Companies). Information relating to any individual registrant is filed by such registrant solely on its own behalf. Each registrant makes no representation as to information relating exclusively to the other registrants.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.