Kansas City, Missouri, February 19, 2026
Evergy, Kansas City’s energy provider, has reported a remarkable 2025 performance, attracting new businesses and outlining ambitious goals for 2026. This positive outlook highlights the vital role of reliable energy infrastructure in supporting the region’s economic growth and innovation. The news underscores a commitment to operational excellence and strategic planning, essential for fostering an environment conducive to business expansion and job creation in the Kansas City area.
Kansas City, MO –
Evergy Powers Kansas City’s Future with Strong 2025 & Bold 2026 Outlook
Kansas City’s energy provider reports robust 2025 performance, welcomes significant new businesses, and sets clear 2026 targets, signaling continued regional economic vitality.
For any thriving metropolitan area, the bedrock of sustained economic growth and entrepreneurial success is a reliable and forward-thinking energy infrastructure. In Kansas City, MO, Evergy stands as a critical partner in powering the region’s progress. The recent announcement on February 19, 2026, detailing the company’s 2025 results, the addition of new large customers, a declared quarterly dividend, and ambitious 2026 guidance, offers a compelling glimpse into the strong currents driving our local and regional economy. These developments underscore the importance of private sector investment and strategic planning in fostering an environment where Kansas City MO business can flourish and Missouri MO entrepreneurs can innovate.
This news is a positive indicator for the broader Midlands economic growth, demonstrating how a robust utility partner directly contributes to attracting and retaining businesses, thereby creating jobs and opportunities for Kansas City small business owners and residents alike. It highlights a commitment to operational excellence and a strategic vision that aligns with the dynamic growth seen across the region.
A Solid Performance in 2025
Evergy reported its full-year 2025 financial results, showcasing a steady performance. The company’s GAAP (Generally Accepted Accounting Principles) earnings per share (EPS) for 2025 were $3.66, compared to $3.79 in 2024. More prominently, the adjusted (non-GAAP) EPS reached $3.83 in 2025, a slight increase from $3.81 in 2024. Full year 2025 adjusted earnings (non-GAAP) were $893.8 million, up from $877.9 million in 2024. This adjusted earnings performance benefited from the recovery of regulated investments and growth in weather-normalized demand, helping to counterbalance some weather and demand headwinds experienced during the year.
Fueling Regional Economic Growth: New Large Customer Projects
A significant highlight from Evergy’s announcement is the signing of electric service agreements for four large customer projects. These projects include two new large customer initiatives and the expansion of two existing projects, all operating under the new large load power service (LLPS) framework. This framework, which received approval for new tariffs in both Kansas and Missouri, is designed to attract substantial new customers while ensuring existing customers benefit from a fair distribution of system costs. These agreements signify the growing attractiveness of the Kansas City metropolitan area and the broader Evergy service territory for major investments, fostering job creation and supporting economic vitality across Kansas and Missouri. The ability to attract such large-scale enterprises demonstrates the critical role of reliable energy infrastructure in regional economic development.
Rewarding Shareholder Confidence: Quarterly Dividend Declared
In a move reflecting its financial stability and commitment to its investors, Evergy’s Board of Directors declared a quarterly dividend of $0.6950 per share. This dividend is payable on March 20, 2026, to shareholders of record as of March 10, 2026. This consistent return to shareholders, building on a track record of raising dividends for 22 consecutive years, reinforces confidence in Evergy’s long-term financial health and management’s prudent approach to capital allocation. Such declarations can also positively influence the capital markets that support Kansas City small business growth and investment.
A Vision for the Future: 2026 Guidance and Long-Term Investment
Looking ahead, Evergy has initiated its 2026 adjusted EPS guidance, projecting a range of $4.14 to $4.34. Furthermore, the company established an ambitious long-term adjusted EPS annual growth target of 6% to 8%+ through 2030, with expectations to exceed 8% beginning in 2028. Supporting this forward-looking outlook is an announced 2026E-2030E capital investment plan totaling $21.6 billion. These significant investments are crucial for upgrading and modernizing the energy infrastructure, ensuring continued reliability, and meeting the evolving demands of a growing Kansas City, MO business landscape and the wider Missouri MO entrepreneurs scene. These investments are essential for sustaining Midlands economic growth and preparing the region for future prosperity.
Evergy’s Broader Impact on the Midlands Economy
Evergy’s role extends beyond providing electricity; it is an integral partner in the economic development of both Kansas and Missouri. The company’s economic development department has a history of attracting substantial corporate facility investment and creating jobs within its service territory. Ongoing investments in diverse energy resources, including modern natural gas plants and renewable energy, are designed to support economic growth by ensuring an affordable, reliable, and sustainable energy supply for customers. By consistently investing in its infrastructure and strategically planning for future demand, Evergy helps create a stable and attractive environment for new businesses to locate and for existing Kansas City small business operations to expand, reinforcing the benefits of private enterprise in contributing to the public good and enabling overall regional prosperity.
Evergy’s recent announcements signal a period of robust performance and strategic growth that bodes well for Kansas City’s economic future. The company’s financial stability, its success in attracting major new customers, and its significant long-term capital investment plans are all vital components of a thriving local economy. For Kansas City MO business owners, employees, and residents, these developments reinforce the importance of a strong, reliable utility partner in fostering an environment conducive to continued prosperity and innovation. Staying engaged in Kansas City’s economic future and supporting businesses that contribute to our shared growth is crucial for sustaining this positive momentum.
Frequently Asked Questions (FAQ)
Here are some common questions regarding Evergy’s recent announcements:
- What were Evergy’s GAAP EPS for 2025?
- Evergy’s GAAP earnings per share (EPS) for 2025 were $3.66.
- What were Evergy’s Adjusted EPS (non-GAAP) for 2025?
- Evergy’s Adjusted EPS (non-GAAP) for 2025 were $3.83.
- How much was the quarterly dividend declared by Evergy?
- Evergy’s Board of Directors declared a quarterly dividend of $0.6950 per share.
- When is the quarterly dividend payable?
- The quarterly dividend is payable on March 20, 2026.
- How many new large customer projects did Evergy announce?
- Evergy announced the signing of electric service agreements for four large customer projects. These projects include two new large customer initiatives and the expansion of two existing projects.
- What is Evergy’s 2026 Adjusted EPS (non-GAAP) guidance range?
- Evergy’s 2026 Adjusted EPS (non-GAAP) guidance range is $4.14 to $4.34.
- What is Evergy’s long-term Adjusted EPS (non-GAAP) growth target?
- Evergy has established a long-term Adjusted EPS (non-GAAP) annual growth target of 6% to 8%+ through 2030, with expectations to exceed 8% beginning in 2028.
- What is Evergy’s capital investment plan for 2026-2030?
- Evergy has introduced a 2026E-2030E capital investment plan of $21.6 billion.
Key Features of Evergy’s Recent Announcements
| Feature | Details | Geographic Scope |
|---|---|---|
| 2025 GAAP EPS | $3.66 | Company-level |
| 2025 Adjusted EPS (non-GAAP) | $3.83 | Company-level |
| Quarterly Dividend Declared | $0.6950 per share | Company-level |
| New Large Customer Projects | 4 (2 new, 2 expansions) | Kansas and Missouri |
| 2026 Adjusted EPS (non-GAAP) Guidance | $4.14 – $4.34 | Company-level |
| Long-Term Adjusted EPS (non-GAAP) Growth Target | 6% to 8%+ through 2030 (exceeding 8% from 2028) | Company-level |
| 2026E-2030E Capital Investment Plan | $21.6 billion | Company-level |
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Author: STAFF HERE KANSAS CITY WRITER
The KANSAS CITY STAFF WRITER represents the experienced team at HEREKansasCity.com, your go-to source for actionable local news and information in Kansas City, Jackson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as American Royal World Series of Barbecue, Dia De Los Muertos, and Planet Anime Kansas City. Our coverage extends to key organizations like the Greater Kansas City Chamber of Commerce and United Way of Greater Kansas City, plus leading businesses in healthcare, finance, and entertainment that power the local economy such as Children's Mercy Hospital, Government Employees Health Association, and AMC Entertainment. As part of the broader HERE network, including HEREStLouis.com, we provide comprehensive, credible insights into Missouri's dynamic landscape.
