• Evergy average return on tangible equity for 2023 was 10.2, a 10.68% decline from 2022.
• Evergy average return on tangible equity for 2022 was 11.42, a 8.93% decline from 2021.
• Evergy average return on tangible equity for 2021 was 12.54, a 24.53% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.