13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in CAD as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.8% per year over the past 5 years.
Net income has grown slower than revenue (2.1% vs 9.8% per year).
Operating margin has expanded, at 22.5% in the latest year.
Financial health
Total debt has grown in line with revenue (6.9% vs 9.8% per year).
Total debt is 6.6× EBITDA.
Shareholder returns
Dividends have been paid for 13 consecutive years, consuming 52.8% of earnings.
The dividend has grown 7.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
CA$8.8B
CA$1.1B
0.0%
22.5%
8.1%
2.4%
-CA$1.7B
CA$21.5B
—
2024
CA$7.2B
CA$568M
0.0%
15.0%
4.3%
1.3%
-CA$505M
CA$19.8B
—
2023
CA$7.6B
CA$1.0B
0.0%
23.7%
8.7%
2.6%
-CA$696M
CA$19.8B
—
2022
CA$7.6B
CA$1.0B
0.0%
21.5%
8.8%
2.5%
-CA$1.7B
CA$19.0B
—
2021
CA$5.8B
CA$561M
0.0%
16.1%
5.5%
1.6%
-CA$1.2B
CA$16.4B
—
2020
CA$5.5B
CA$984M
0.0%
20.8%
10.7%
3.2%
-CA$986M
CA$15.3B
—
2019
CA$6.1B
CA$710M
0.0%
22.0%
8.3%
2.2%
-CA$970M
CA$15.7B
CA$274M
2018
CA$6.5B
CA$747M
0.0%
21.4%
9.0%
2.3%
-CA$472M
CA$16.6B
CA$372M
2017
—
CA$299M
—
—
4.2%
1.0%
-CA$336M
CA$15.1B
CA$503M
2016
—
CA$266M
—
—
4.0%
0.9%
—
CA$15.7B
CA$491M
2015
—
CA$452M
—
—
10.8%
3.8%
—
CA$4.0B
CA$1.1B
2011
—
CA$259M
—
—
16.2%
3.7%
-CA$73M
CA$3.5B
—
2010
—
CA$199M
—
—
14.5%
3.3%
-CA$106M
CA$3.2B
—
Valuation over time
How the market has priced EMA against its own fundamentals since 2025-05 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 33.2× (May '25) to 19.2× (Nov '26).
The price-to-sales ratio has fallen from 2.6× (May '25) to 2.4× (Nov '26).
The dividend yield has fallen from 2.9% (May '25) to 2.8% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is EMA growing its revenue and profit?
Over the past 5 years, Emera Inc's revenue has grown 9.8% per year, and net income grown 2.1% per year. These are computed facts, not advice.
How much debt does EMA have?
As of FY2025, Emera Inc reported CA$21.5B of total debt against — of cash.
What is EMA's profit margin?
In FY2025, gross margin was —, operating margin 22.5%, and net margin 12.4%.
What is EMA's P/E ratio?
Emera Inc's P/E (TTM) is 19.16 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the EMA stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 19.2× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CAD as reported (valuation multiples convert at the Federal Reserve H.10 rate of each date, via FRED) (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CAD) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · FX: Federal Reserve H.10 via FRED (DEXCAUS; 1 CAD = 0.7165 USD on 2026-10-30), the rate of each date for the valuation history · This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.