Emera Inc
EMA NYSE· Electric Services
Last close · Oct 30, 2026
$49.29
KIRA · Stoqly’s AI analyst, in plain words
- Emera Inc had $6.3B of revenue in fiscal 2025, up 19.4% on the year before. Over five years, revenue changed +8.9% a year on average.
- Its operating margin was 22.5%, up 7.5 pts: of every 100 in sales, about 23 is left after running the business.
- Emera Inc made $780M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 10.4% a year.
- Free cash flow was −$1.2B in fiscal 2025, −19.7% of revenue. At that burn of $1.2B a year, its $255M of cash and short-term investments would last about 0.2 years.
- Emera Inc returned $412M to shareholders in fiscal 2025. The diluted share count rose 3.6%.
- Emera Inc owes $15.5B more than it holds in cash, about 6.6 years of operating profit.
Market cap
$14.8B
P/E
20.4x
Revenue
$6.3B
Net income
$780M
Free cash flow
−$1.2B
Operating margin
22.5%
Emera Inc in 30 seconds · fiscal 2025
Are sales growing?
+19.4%
Yes. Sales grew 19.4% last year.
Does it make a profit?
12.4%
Yes. It keeps 12.4% of every sale as profit.
How long would its cash last?
0.2 yrs
Not long. It burns $1.2B a year and holds $255M, under a year at that pace, so it may need new money soon.
Is debt under control?
6.6x
Heavy. Repaying its debt would take 6.6 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
20.4x
One share costs 20.4 times its yearly profit per share.
What Emera Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Feb 23, 2026
- Legal name
- EMERA INC
- CIK
- 0001127248
Emera Inc · EMA · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $4.6B | $5.8B | $5.6B | $5.3B | $6.3B |
| Revenue growth | 12.0% | 26.7% | −3.9% | −6.2% | 19.4% |
| Net interest income | $487M | −$545M | −$685M | −$710M | −$738M |
| Operating margin | 16.1% | 21.5% | 23.7% | 15.0% | 22.5% |
| Net income | $448M | $775M | $774M | $415M | $780M |
| Net margin | 9.7% | 13.3% | 13.8% | 7.9% | 12.4% |
| Diluted EPS | $1.58 | $2.73 | $2.65 | $1.25 | $2.42 |
| Cash | |||||
| Cash from operations | $945M | $701M | $1.7B | $1.9B | $1.3B |
| Capital expenditure | $1.9B | $2.0B | $2.2B | $2.3B | $2.5B |
| Free cash flow | −$937M | −$1.3B | −$516M | −$369M | −$1.2B |
| FCF margin | −20.4% | −22.2% | −9.2% | −7.0% | −19.7% |
| Dividends paid | $353M | $363M | $362M | $393M | $412M |
| Share count change | 3.9% | 3.1% | 3.0% | 5.6% | 3.6% |
| Debt and strength | |||||
| Cash and short-term investments | $310M | $229M | $428M | $136M | $255M |
| Debt incl. finance leases | $12.9B | $14.1B | $14.9B | $13.8B | $15.7B |
| Shareholders' equity | $8.0B | $8.4B | $9.1B | $9.2B | $9.8B |
| Net debt / EBITDA | 8.6x | 7.0x | 6.9x | 8.3x | 6.6x |
| Current ratio | 0.6x | 0.7x | 0.8x | 0.7x | 0.7x |
| Interest coverage | — | 2.2x | 1.9x | 1.1x | 1.9x |
| Returns and quality | |||||
| Return on capital | 3.6% | 4.7% | 5.0% | 3.4% | 5.2% |
| Return on equity | 5.9% | 9.5% | 8.8% | 4.5% | 8.2% |
| Return on tangible equity | 11.7% | 18.2% | 15.5% | 7.0% | 12.7% |
| Piotroski F-score | 6 | 5 | 4 | 4 | 5 |
| Altman Z'' | 0.4 | 0.4 | 0.8 | 0.5 | 0.5 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Emera Inc · EMA · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $49.29 a share, the company is worth $14.8B: 20.4 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001127248). Latest version: stoqly.net/companies/ema. Data updated November 1, 2026. Filed in CAD under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.