Emera Incorporated

Emera Incorporated

EMA · NYSE · Utilities / Utilities - Regulated Electric

51.13USD+0.35 (+0.69%)

Price History

Full chart

Market Stats

Previous Close50.78
Open50.56
Day Range50.56 – 51.48
52-Week Range45.42 – 54.95
Volume241.10K
Market Cap14.66B
P/E (TTM)21.31
Forward P/E18.76
EPS2.24
Dividend Yield4.42%
Beta0.43
50-Day Avg51.28
200-Day Avg51.30

About

Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMr. Scott Carlyle Balfour
  • Employees7.81K
  • Headquarters1223 Lower Water Street, Halifax, NS, Canada, B3J 3S8, USA
  • Websitehttps://www.emera.com

Leadership

  • Mr. Scott Carlyle BalfourCEO, President & Director · b. 1964
  • Mr. Jared Blake Green CPA, CAChief Financial Officer · b. 1976
  • Ms. Karen E. HuttExecutive Vice President of Corporate Development
  • Mr. Gregory W. Blunden F.C.A., FCPAExecutive Vice President of Finance - Emera USA · b. 1965
  • Ms. Helen J. Wesley C.F.A.President & CEO of Peoples Gas · b. 1970
  • Mr. Archibald D. CollinsPresident & CEO of Tampa Electric
  • Mr. Dave BezansonVice President of Investor Relations & Pensions
  • Mr. Michael R. Barrett B.Com., L.L.B., M.B.A.Executive VP & General Counsel
  • Mr. R. Michael Roberts CAChief Human Resources Officer
  • Mr. Chris HeckChief Digital Officer

Financials

Income Statement

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue700.10M707.90M711.70M730.60M741.40M750.80M824.60M896.50M1.00B1.23B1.23B1.22B1.17B1.17B1.34B1.33B1.47B1.55B2.06B2.06B2.23B2.94B2.79B4.28B6.23B6.52B6.11B5.51B5.76B7.59B7.56B7.20B8.30B
Growth (%)-+1.11%+0.54%+2.66%+1.48%+1.27%+9.83%+8.72%+11.98%+22.21%+0.36%-0.76%-4.42%-0.17%+14.88%-0.57%+10.03%+6.02%+32.87%-0.28%+8.34%+31.76%-5.09%+53.35%+45.57%+4.79%-6.33%-9.90%+4.70%+31.62%-0.33%-4.80%+15.31%
Cost of Revenue------290.80M341.60M401.30M510.50M434.80M425.00M432.00M347.70M494.50M525.10M574.00M619.70M992.70M1.38B1.47B1.88B1.82B2.94B3.63B3.87B3.49B3.13B3.60B4.56B4.28B4.29B6.26B
Gross Profit700.10M707.90M711.70M730.60M741.40M750.80M533.80M554.90M602.60M716.40M796.50M797.00M736.00M818.30M845.00M806.80M891.50M934.00M1.07B674.10M756.80M1.06B971.00M1.34B2.60B2.65B2.62B2.38B2.17B3.03B3.28B2.90B2.04B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%64.73%61.90%60.03%58.39%64.69%65.22%63.01%70.18%63.08%60.58%60.83%60.11%51.91%32.75%33.93%36.00%34.82%31.28%41.76%40.68%42.91%43.24%37.64%39.91%43.42%40.35%24.58%
Operating Expense000000263.40M292.50M320.00M450.00M423.10M421.30M447.60M486.10M507.50M496.00M544.90M600.10M754.20M327.60M349.70M390.50M463.00M783.00M1.18B1.26B1.28B1.23B1.24B1.40B1.49B1.82B485.60M
Operating Income700.10M707.90M711.70M730.60M741.40M750.80M270.40M262.40M282.60M266.40M373.40M375.70M288.40M332.20M337.50M310.80M346.60M333.90M317.50M346.50M407.10M667.30M508.00M555.00M1.42B1.40B1.34B1.15B930.00M1.63B1.79B1.08B1.55B
Operating Margin100.00%100.00%100.00%100.00%100.00%100.00%32.79%29.27%28.15%21.71%30.33%30.74%24.69%28.49%25.20%23.34%23.65%21.49%15.38%16.83%18.25%22.71%18.21%12.98%22.78%21.43%21.98%20.83%16.13%21.47%23.72%15.00%18.73%
EBITDA700.10M707.90M711.70M730.60M741.40M750.80M371.20M379.70M400.30M425.20M560.50M580.40M443.90M505.30M530.80M512.70M525.50M521.10M602.20M607.50M685.50M1.01B917.00M1.15B2.27B2.30B2.29B2.08B1.85B2.69B2.89B2.50B3.50B
EBITDA Margin100.00%100.00%100.00%100.00%100.00%100.00%45.02%42.35%39.87%34.66%45.52%47.50%38.01%43.34%39.63%38.49%35.86%33.54%29.17%29.51%30.74%34.41%32.88%26.84%36.44%35.24%37.47%37.78%32.14%35.38%38.20%34.79%42.16%
Net Income95.40M110.80M111.60M103.60M102.20M96.60M100.40M104.40M114.20M83.60M129.20M129.80M121.20M125.80M151.30M144.70M175.70M194.20M247.70M220.80M236.80M432.90M427.00M255.00M294.00M746.00M708.00M983.00M560.00M1.01B1.04B567.00M1.09B
Net Income Margin13.63%15.65%15.68%14.18%13.78%12.87%12.18%11.65%11.38%6.81%10.49%10.62%10.38%10.79%11.30%10.86%11.99%12.50%12.00%10.73%10.62%14.73%15.31%5.96%4.72%11.43%11.59%17.85%9.71%13.28%13.80%7.88%13.11%
Interest Expense-----------125.90M119.40M120.90M126.90M130.10M135.30M151.20M174.80M182.00M195.50M195.90M198.50M441.00M698.00M713.00M738.00M679.00M611.00M709.00M927.00M975.00M1.03B
Interest Expense % of Total Revenue-----------10.30%10.22%10.37%9.47%9.77%9.23%9.73%8.47%8.84%8.77%6.67%7.12%10.31%11.21%10.93%12.08%12.33%10.60%9.34%12.26%13.54%12.44%

Balance Sheet

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets------2.90B2.95B3.96B3.91B3.84B3.94B4.00B4.06B4.17B5.27B5.29B6.33B6.92B7.53B8.88B9.84B12.01B29.22B28.77B32.31B24.56B31.23B34.24B39.74B39.48B42.95B44.78B
Total Liabilities------1.73B1.72B2.51B2.31B2.27B2.34B2.37B2.39B2.81B3.68B3.76B4.53B5.10B5.25B5.98B6.14B7.68B22.41B21.59B23.96B17.92B22.00B24.09B28.30B27.39B29.66B31.40B
Total Equity------942.30M977.60M1.18B1.33B1.31B1.34B1.37B1.41B1.36B1.55B1.50B1.77B1.60B2.05B2.61B3.40B4.20B6.70B7.09B8.32B6.61B9.20B10.12B11.43B12.07B13.28B13.37B
Cash------2.70M5.70M23.00M28.50M16.90M42.70M21.50M7.60M26.40M12.20M21.80M9.40M76.90M25.40M100.80M221.10M1.07B404.00M438.00M273.00M210.53M220.00M394.00M310.00M567.00M196.00M364.70M
Total Debt------1.59B1.56B2.14B1.94B1.89B1.87B1.87B1.79B1.83B2.45B2.73B3.25B3.52B3.71B4.13B4.01B4.77B15.71B15.12B16.60B12.17B15.41B16.40B19.04B19.80B19.81B21.62B
Net Debt------1.59B1.55B2.12B1.91B1.87B1.83B1.85B1.79B1.80B2.44B2.71B3.24B3.44B3.68B4.03B3.79B3.69B15.31B14.68B16.32B11.96B15.19B16.01B18.73B19.23B19.61B21.25B

Cash Flow

Currency: CAD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow223.70M219.70M145.10M257.90M239.50M304.00M164.30M345.80M351.40M237.20M302.80M416.40M399.50M397.60M564.20M762.50M674.20M1.05B1.19B1.69B1.52B1.64B1.19B913.00M2.24B2.65B1.80B
Investing Cash Flow-141.70M-126.50M-566.20M-109.60M-80.90M-213.90M-117.20M-203.00M-288.90M-671.60M-367.20M-894.80M-660.80M-919.40M-921.60M-710.90M-123.70M-9.11B-1.76B-2.19B-1.62B-1.22B-2.33B-2.57B-2.92B-2.22B-3.48B
Financing Cash Flow-79.40M-90.20M438.40M-142.80M-170.20M-57.40M-68.30M-156.70M-55.60M420.20M77.90M466.20M331.40M525.00M362.10M58.20M221.00M7.45B593.00M344.00M14.00M-372.00M1.31B1.55B939.00M-818.00M1.84B
Capital Expenditure123.80M122.60M191.50M109.90M121.20M151.60M129.30M193.70M251.60M545.80M339.10M541.40M472.10M433.60M317.20M429.10M427.20M1.03B1.53B2.16B2.50B2.62B2.36B2.60B2.94B3.15B3.53B
Free Cash Flow99.90M97.10M-46.40M148.00M118.30M152.40M35.00M152.10M99.80M-308.60M-36.30M-125.00M-72.60M-36.00M247.00M333.40M247.00M22.00M-336.00M-472.00M-970.00M-986.00M-1.17B-1.68B-696.00M-505.00M-1.73B
Dividends Paid72.20M73.20M81.00M84.40M92.90M95.50M97.40M98.30M99.90M109.80M116.40M135.00M172.90M179.50M204.90M236.20M192.00M249.00M315.00M382.00M423.00M454.00M493.00M535.00M554.00M611.00M650.47M
FCF to OCF44.66%44.20%-31.98%57.39%49.39%50.13%21.30%43.98%28.40%-130.10%-11.99%-30.02%-18.17%-9.05%43.78%43.72%36.64%2.09%-28.16%-27.93%-63.61%-60.23%-99.07%-184.34%-31.06%-19.09%-96.00%
Dividend Paid to FCF72.27%75.39%-174.57%57.03%78.53%62.66%278.29%64.63%100.10%-35.58%-320.66%-108.00%-238.15%-498.61%82.96%70.85%77.73%1131.82%-93.75%-80.93%-43.61%-46.04%-41.99%-31.79%-79.60%-120.99%-37.63%

Earnings

Report DateDec 31, 2004May 11, 2005Jun 30, 2005Nov 4, 2005Dec 31, 2005May 2, 2006Jul 28, 2006Nov 3, 2006Feb 28, 2007Apr 27, 2007Jul 27, 2007Nov 9, 2007Feb 15, 2008Apr 29, 2008Aug 1, 2008Nov 7, 2008Feb 13, 2009May 5, 2009Aug 7, 2009Nov 6, 2009Feb 12, 2010May 4, 2010Aug 6, 2010Nov 5, 2010Feb 11, 2011May 3, 2011Aug 5, 2011Nov 4, 2011Feb 10, 2012May 15, 2012Aug 10, 2012Nov 9, 2012Feb 8, 2013May 7, 2013Aug 13, 2013Nov 8, 2013Feb 10, 2014May 6, 2014Aug 11, 2014Nov 7, 2014Feb 6, 2015May 11, 2015Aug 11, 2015Nov 13, 2015Feb 12, 2016May 9, 2016Aug 8, 2016Nov 7, 2016Feb 10, 2017May 11, 2017Aug 10, 2017Nov 10, 2017Feb 9, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Feb 19, 2019May 10, 2019Aug 12, 2019Nov 8, 2019Feb 18, 2020May 13, 2020Aug 12, 2020Nov 13, 2020Feb 16, 2021May 12, 2021Aug 11, 2021Nov 10, 2021Feb 14, 2022May 13, 2022Aug 10, 2022Nov 11, 2022Feb 23, 2023May 12, 2023Aug 11, 2023Nov 10, 2023Feb 26, 2024May 13, 2024Aug 9, 2024Nov 8, 2024Feb 21, 2025May 7, 2025Aug 8, 2025Nov 7, 2025Feb 23, 2026May 8, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate---------------------------0.380.330.700.260.370.400.660.290.340.390.640.290.300.400.630.270.270.430.690.250.440.440.540.410.570.480.630.430.530.510.630.400.480.470.590.380.500.470.740.430.530.510.730.460.540.520.700.470.530.52-0.420.560.540.730.470.610.420.890.510.69
EPS Actual0.230.230.140.120.290.300.240.160.260.300.270.340.220.550.370.060.190.430.270.290.320.620.250.360.331.030.250.320.490.640.330.350.460.880.310.280.430.950.280.310.430.980.250.120.580.721.420.540.390.530.430.430.510.680.370.610.540.710.410.390.450.560.360.510.590.790.430.550.500.710.460.570.690.730.450.540.470.540.390.580.590.920.570.630.401.000.50-
Surprise----------------------------15.79%48.48%-8.57%26.92%-5.41%15.00%33.33%6.90%-17.65%10.26%48.44%-3.45%3.33%7.50%55.56%-7.41%-55.56%34.88%4.35%468.00%22.73%-11.36%-1.85%4.88%-24.56%6.25%7.94%-13.95%15.09%5.88%12.70%2.50%-18.75%-4.26%-5.08%-5.26%2.00%25.53%6.76%0.00%3.77%-1.96%-2.74%0.00%5.56%32.69%4.29%-4.26%1.89%-9.62%--7.14%3.57%9.48%26.03%21.28%3.28%-4.76%12.36%-1.96%-
Timing---------------------------Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-Pre-marketAfter-hours-After-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap14.66B
Enterprise Value31.49B
Trailing P/E21.31
Forward P/E18.76
PEG Ratio2.81
Price / Sales1.64
Price / Book1.62
EPS2.24
Book Value29.81
Revenue (TTM)8.94B
Gross Profit (TTM)3.91B
EBITDA3.40B
Profit Margin11.64%
Operating Margin17.85%
Return on Equity7.56%
Return on Assets2.91%
Shares Outstanding307.15M
Shares Float306.09M
Beta0.43
Dividend Yield4.42%
Dividend Rate2.11
Payout Ratio83.42%

Ownership Breakdown

Institutions
57.08%
Insiders
0.28%
Retail / Other
42.64%

Top Institutional Holders

  • Bank of Montreal
    18.23M5.94%
  • BMO Capital Markets Corp.
    17.85M5.81%
  • Royal Bank of Canada
    17.60M5.73%
  • Fidelity International Ltd
    12.81M4.17%
  • CIBC World Markets Inc.
    12.38M4.03%
  • Vanguard Capital Management, LLC
    8.54M2.78%
  • ATLAS Infrastructure Partners (UK) Ltd
    7.07M2.30%
  • TD Asset Management Inc
    5.09M1.66%
  • Scotia Capital Inc
    4.67M1.52%
  • TD Waterhouse Canada Inc
    4.58M1.49%
  • Geode Capital Management, LLC
    4.35M1.42%
  • Mackenzie Investments
    4.08M1.33%
  • Canada Pension Plan Investment Board
    3.94M1.28%
  • NATIONAL BANK OF CANADA /FI/
    3.81M1.24%
  • Legal & General Group PLC
    3.72M1.21%
  • Bank of Nova Scotia
    3.35M1.09%
  • The Goldman Sachs Group Inc
    3.30M1.07%

Top Fund Holders

  • Fidelity Canadian Large Cap Sr B
    5.98M1.95%
  • Vanguard Total Intl Stock Index Inv
    4.46M1.45%
  • Fidelity Canadian Large Cp Mlt Ast Bs O
    3.50M1.14%

Dividends

20264×
0.53Oct 30, 20260.52Aug 3, 20260.54May 1, 20260.53Jan 30, 2026
20254×
0.52Oct 31, 20250.52Aug 1, 20250.53May 1, 20250.50Jan 31, 2025
20245×
0.52Nov 1, 20240.54Oct 3, 20240.52Aug 1, 20240.53Apr 30, 20240.54Jan 31, 2024
20234×
0.52Oct 31, 20230.52Jul 31, 20230.51Apr 28, 20230.52Jan 31, 2023
20224×
0.51Oct 31, 20220.52Jul 29, 20220.52Apr 29, 20220.52Jan 31, 2022
20213×
0.54Oct 29, 20210.51Aug 2, 20210.52Apr 30, 2021

Stock Splits

  • Nov 3, 20061:10