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E

Emera EMA.TO · CAD

Utilities · Toronto Stock Exchange · 🇨🇦 Canada

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71.38

-0.29%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Revenue

C$8.31bn

FY2016FY2025

Net income

C$1.09bn

FY2016FY2025

Free cash flow

−C$1.73bn

FY2016FY2025

Shareholders' equity

C$13.38bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueC$8.31bnC$7.20bnC$7.56bnC$7.59bnC$5.76bnC$5.51bnC$6.11bnC$6.52bnC$6.23bnC$4.28bn
Operating incomeC$1.56bnC$1.08bnC$1.79bnC$1.63bnC$930.0mC$1.15bnC$1.38bnC$1.37bnC$1.42bnC$555.0m
Net incomeC$1.09bnC$567.0mC$1.04bnC$1.01bnC$560.0mC$983.0mC$708.0mC$746.0mC$294.0mC$255.0m
Diluted earnings per share3.631.923.763.762.133.872.893.151.271.20

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$44.82bnC$42.95bnC$39.48bnC$39.74bnC$34.24bnC$31.23bnC$31.84bnC$32.31bnC$28.77bnC$29.22bn
Cash and short-term investmentsC$365.0mC$196.0mC$588.0mC$310.0mC$394.0mC$220.0mC$231.0mC$325.0mC$446.0mC$412.0m
Total liabilitiesC$31.42bnC$29.66bnC$27.39bnC$28.30bnC$24.09bnC$22.00bnC$23.24bnC$23.96bnC$21.59bnC$22.41bn
DebtC$21.46bnC$19.81bnC$19.80bnC$19.04bnC$16.40bnC$15.35bnC$15.72bnC$16.60bnC$15.12bnC$15.71bn
Shareholders' equityC$13.38bnC$13.28bnC$12.07bnC$11.43bnC$10.12bnC$9.20bnC$8.57bnC$8.32bnC$7.09bnC$6.70bn
Shares outstanding300m296m278m268m262m254m245m237m232m212m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsC$1.80bnC$2.65bnC$2.24bnC$913.0mC$1.19bnC$1.64bnC$1.52bnC$1.69bnC$1.19bnC$1.05bn
Capital spending−C$3.53bn−C$3.15bn−C$2.94bn−C$2.60bn−C$2.36bn−C$2.62bn−C$2.50bn−C$2.16bn−C$1.53bn−C$1.03bn
Free cash flow−C$1.73bn−C$505.0m−C$696.0m−C$1.68bn−C$1.17bn−C$986.0m−C$970.0m−C$472.0m−C$336.0mC$22.0m
Dividends paid−C$651.0m−C$611.0m−C$554.0m−C$535.0m−C$493.0m−C$454.0m−C$423.0m−C$382.0m−C$315.0m−C$249.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueC$1.98bnC$2.47bnC$1.54bnC$2.11bnC$1.99bnC$2.68bnC$1.76bnC$1.80bn
Operating incomeC$331.0mC$625.0m−C$144.0mC$480.0mC$295.0mC$925.0mC$239.0mC$216.0m
Net incomeC$124.0mC$582.0mC$87.0mC$247.0mC$154.0mC$601.0mC$173.0mC$22.0m
Diluted earnings per share0.401.890.290.820.512.010.580.07
Cash from operationsC$667.0mC$735.0mC$212.0mC$791.0mC$100.0mC$699.0mC$694.0mC$759.0m
Capital spending−C$877.0m−C$879.0m−C$966.0m−C$846.0m−C$996.0m−C$724.0m−C$928.0m−C$876.0m
Free cash flow−C$210.0m−C$144.0m−C$754.0m−C$55.0m−C$896.0m−C$25.0m−C$234.0m−C$117.0m
Total assetsC$46.56bnC$48.06bnC$44.82bnC$43.80bnC$42.53bnC$43.62bnC$42.95bnC$39.67bn
Cash and short-term investmentsC$407.0mC$2.47bnC$365.0mC$212.0mC$200.0mC$308.0mC$196.0mC$240.0m
DebtC$22.12bnC$23.96bnC$21.46bnC$20.64bnC$20.16bnC$20.08bnC$19.81bnC$18.67bn
Shareholders' equityC$14.37bnC$14.19bnC$13.38bnC$13.47bnC$13.15bnC$13.73bnC$13.28bnC$12.43bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin18.7%18.6%23.7%21.5%16.1%21.4%
Net margin13.1%7.9%13.8%13.3%9.7%17.9%
Return on equity8.1%4.3%8.6%8.8%5.5%10.7%
Return on assets2.4%1.3%2.6%2.5%1.6%3.1%
Free cash flow yield26.4%29.0%27.6%19.4%20.0%24.9%
Revenue growth15.4%-4.8%-0.3%31.6%4.7%-9.9%
Earnings growth92.1%-45.7%3.6%80.0%-43.0%38.8%
Current ratio0.66x0.72x0.82x0.67x0.64x0.45x
Debt to equity1.60x1.49x1.64x1.67x1.62x1.67x
Equity ratio29.9%30.9%30.6%28.8%29.5%29.5%
Interest coverage1.50x1.37x1.94x2.30x1.52x1.74x
Buybacks as a share of market value-1.3%-6.5%-3.6%-2.3%-3.3%-3.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.1%8.6%11.5%
Operating income-1.5%6.3%11.8%
Net income2.6%2.1%9.8%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin17.0%19.8%19.4%19.7%
Net margin10.7%12.1%12.5%11.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings18.628.013.413.829.614.019.313.937.037.8
Price to sales2.42.21.91.82.92.52.21.61.82.3

Dividends and splits

Per share, in the currency the company pays

Paid for 34 years. Last went ex-dividend on 31 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.1992.9082.8782.7882.6782.5752.4752.375

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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