• Evergy average gross margin for 2023 was 64.87%, a 3.42% increase from 2022.
• Evergy average gross margin for 2022 was 67.17%, a 0.22% decline from 2021.
• Evergy average gross margin for 2021 was 67.32%, a 6.33% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.