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    Regulated Electric
Emera Incorporated

Emera Incorporated

EMA-PH.TO
Emera IncorporatedCA flagToronto Stock Exchange
26.24
CAD
-0.12
- -
14.12BMarket Cap
Emera Incorporated
EMA-PH.TO
(Toronto Stock Exchange)

Recent

price

26.24

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
1,606
2,064
2,059
2,230
2,939
2,789
4,277
6,226
6,524
6,111
5,506
5,765
7,588
7,563
7,200
8,776
8,913
Sales/Revenue/Turnover
19.44
15.38
16.83
18.25
22.71
18.21
12.98
22.78
21.43
22.53
21.29
16.13
22.43
23.72
18.12
23.36
23.2
Operating Margin (%)
232
263
294
314
342
352
593
851
928
911
899
915
959
1,060
1,165
1,298
1,314
Depreciation Expense
194
248
232
237
433
427
255
294
746
708
983
560
1,008
1,044
567
1,089
1,070
Net Income, GAAP
- -
- -
- -
14.5
20.06
17.06
- -
63.49
8.46
7.91
25.74
- -
15.49
10.91
- -
6.92
7.83
Effective Tax Rate (%)
12.06
12
11.26
10.62
14.73
15.31
5.96
4.72
11.43
11.59
17.85
9.71
13.28
13.8
7.88
12.41
12
Profit Margin (%)
234
192
-12
-369
288
1,229
-1,213
-1,420
-1,721
-1,680
-2,697
-1,742
-2,391
-836
-1,427
-2,238
410
Working Capital
3,115
3,274
3,257
3,364
3,660
4,416
14,268
13,140
14,292
13,679
12,339
14,196
15,744
17,689
18,173
18,453
21,206
LT Debt
1,531
1,824
2,278
2,897
3,705
4,334
6,816
7,204
8,358
8,601
9,238
10,150
11,441
12,088
13,291
13,396
14,204
Total Equity
- -
- -
- -
5.33
7.2
5.02
- -
2.31
5.41
5.15
3.56
- -
5.04
5.12
- -
5.61
5.3
Return on Invested Capital (%)
- -
- -
- -
5.42
7.26
6.88
- -
2.43
5.95
5.69
6.1
- -
5.71
6.13
- -
6.2
5.82
Return on Capital (%)
30.61
17.38
9.7
8.78
14.66
12.5
4.97
4.32
10.61
9.29
12.03
6.08
10.54
9.97
4.76
9.43
8.79
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,835
3,008
2,751
LT Borrowings
17,809
18,453
21,206
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
1,422
1,422
1,422
Shares Outstanding
301
302
306
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,026
4,389
6,586
Cash, Cash Equivalents & STI
212
349
2,457
Accounts Receivable, Net
963
1,265
1,110
Inventories
850
821
806
Total Current Liabilities
6,276
6,627
6,176
Payables & Accruals
1,813
2,333
1,674
ST Debt
2,835
3,008
2,751
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.83%
7.8%
0.79%
Free Cash Flow
139.67%
43.78%
242.57%
Net Income, GAAP
24.94%
17.38%
92.06%
Sales/Revenue/Turnover
14.06%
10.62%
21.89%
Total Cash Common Dividend
13.99%
7.11%
7.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,018
1,617
1,802
1,763
7,200
2025
2,676
1,988
2,106
2,006
8,776
2026
2,813
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Emera Incorporated (TSX:EMA; EMA-PH.TO) is a geographically diverse energy and services company that primarily invests in regulated electric utilities, gas utilities and infrastructure, electricity generation, transmission and distribution; natural gas purchase, transmission, distribution and sale; physical energy marketing, trading and asset management services. Its key operating subsidiaries include Tampa Electric, a vertically integrated electric utility serving West Central Florida; Nova Scotia Power Inc., the primary electricity supplier in Nova Scotia; Peoples Gas System serving Florida; Emera Brunswick Pipeline Company Limited; SeaCoast Gas Transmission and Maritimes & Northeast Pipeline; Emera Energy for wholesale natural gas and power trading; and other utilities in the Caribbean including Barbados Light & Power and Bahamas Utilities. The company serves approximately 2.6 million utility customers across North America and the Caribbean regions including Canada, the United States and the Caribbean, with approximately 7,600 employees, $43 billion in assets and a $20 billion capital plan through 2029 focused on reliability, modernization, renewables and technology. Founded in 1998 and headquartered in Halifax, Nova Scotia, Emera emphasizes decarbonization having achieved a 49% reduction in CO2 emissions since 2005 and 1,882 megawatts of installed renewable capacity. Recent major changes include the August 2024 announcement to sell its New Mexico Gas Company subsidiary to Bernhard Capital Partners for $1.252 billion USD including assumed debt, expected to close in late 2025 pending regulatory approvals, yielding approximately $750 million USD in after-tax net proceeds to strengthen the balance sheet and reduce holding company leverage; and the February 2025 announcement that KKR agreed to acquire its indirect minority equity interest in the Labrador Island Link transmission project for $1.19 billion CAD expected to close around June 2024 to reduce corporate debt while maintaining partnership commitments for sustaining capital.