Emera Incorporated (EMA) reported C$8.78B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 21.9% from the year before.

Yes. Emera Incorporated earned C$1.01B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 11.6%.

How much cash and debt does EMA have?

Emera Incorporated reported C$344.00M in cash and cash equivalents and C$19.65B of debt on its most recent balance sheet in SEC filings.

How fast is EMA revenue growing?

Emera Incorporated's revenue changed +21.9% in fiscal 2025, to C$8.78B. Its compound annual growth rate was +9.8% over 5 years and +12.1% over 10 years.

What is EMA free cash flow?

Emera Incorporated generated -C$1.73B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of C$1.80B less capital expenditures.

What is EMA earnings per share?

Diluted earnings per share were C$3.38 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did EMA last report financial results?

The latest statements here come from Emera Incorporated's 40-F filed on Feb 23, 2026, covering the period ended Dec 31, 2025.

Where does this EMA financial data come from?

Quantisnow builds these statements from the structured XBRL data Emera Incorporated files with the SEC. It is provided for information only and is not investment advice.

Financials · EMA

Emera Incorporated (EMA) financials

For fiscal 2025 (ended Dec 31, 2025), Emera Incorporated reported C$8.78B of revenue and C$1.01B of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025: C$8.78B
Revenue growth, YoY: +21.9%
Net income, FY2025: C$1.01B
Net income growth, YoY: +105.5%
Net margin: 11.6%
Free cash flow, FY2025: -C$1.73B
EPS, diluted, FY2025: C$3.38
EPS growth, YoY: +97.7%
Cash: C$344.00M
Total debt: C$19.65B

Annual revenueC$8.78B

FY2016FY2025

Annual net incomeC$1.01B

FY2016FY2025

Annual free cash flow-C$1.73B

FY2016FY2025

EMA revenue and earnings growth

EMA revenueFY2025C$8.78B

FY YoY: +21.9%
5Y CAGR: +9.8%
10Y CAGR: +12.1%

EMA revenue was C$8.78B for fiscal 2025 (ended Dec 31, 2025), up 21.9% from fiscal 2024. Compound annual growth was +9.8% over 5 years and +12.1% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

EMA net incomeFY2025C$1.01B

FY YoY: +105.5%
5Y CAGR: +1.6%
10Y CAGR: +9.0%

EMA net income was C$1.01B for fiscal 2025 (ended Dec 31, 2025), up 105.5% from fiscal 2024. Compound annual growth was +1.6% over 5 years and +9.0% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

EMA EPSFY2025C$3.38

FY YoY: +97.7%
5Y CAGR: -2.2%
10Y CAGR: +2.2%

EMA diluted EPS was C$3.38 for fiscal 2025 (ended Dec 31, 2025), up 97.7% from fiscal 2024. Compound annual growth was -2.2% over 5 years and +2.2% over 10 years.

EMA free cash flowFY2025-C$1.73B

EMA free cash flow was -C$1.73B for fiscal 2025 (ended Dec 31, 2025), compared with -C$505.00M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	C$8.78B	C$7.20B	C$7.56B	C$7.59B	C$5.76B	C$5.51B	C$6.11B	C$6.52B	C$6.23B	C$4.28B
Operating income	C$1.98B	C$1.08B	C$1.79B	C$1.63B	C$930.00M	C$1.15B	C$1.34B	C$1.40B	C$1.42B	C$555.00M
Interest expense	-	-	-	-	-	-	-	C$724.00M	C$705.00M	C$598.00M
Pre-tax income	C$1.17B	C$409.00M	C$1.17B	C$1.19B	C$555.00M	C$1.32B	C$771.00M	C$816.00M	C$819.00M	C$244.00M
Income tax	C$81.00M	-C$159.00M	C$128.00M	C$185.00M	-C$6.00M	C$341.00M	C$61.00M	C$69.00M	C$520.00M	-C$22.00M
Net income	C$1.01B	C$493.60M	C$977.70M	C$945.10M	C$510.50M	C$937.60M	C$662.80M	C$709.60M	C$266.10M	C$227.00M
EPS, basic	C$3.39	C$1.71	C$3.57	C$3.56	C$1.98	C$3.78	C$2.76	C$3.05	C$1.25	C$1.33
EPS, diluted	C$3.38	C$1.71	C$3.57	C$3.55	C$1.98	C$3.78	C$2.76	C$3.04	C$1.24	C$1.32
Diluted shares	299.7M	289.2M	273.8M	265.9M	258.0M	248.2M	240.5M	233.5M	214.1M	172.2M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	C$344.00M	C$191.00M	C$559.00M	C$302.00M	C$237.00M	C$220.00M	C$274.00M	C$372.00M	C$503.00M	C$491.00M
Short-term investments	C$5.00M	C$5.00M	C$8.00M	C$8.00M	C$157.00M	C$0	C$0	C$43.00M	C$222.00M	C$183.00M
Receivables	-	-	-	-	-	-	-	-	-	C$972.00M
Inventory	C$821.00M	C$781.00M	C$790.00M	C$769.00M	C$538.00M	C$453.00M	C$467.00M	C$474.00M	C$418.00M	C$472.00M
Current assets	C$4.39B	C$3.69B	C$3.71B	C$4.90B	C$3.14B	C$2.18B	C$2.49B	C$2.83B	C$2.53B	C$2.51B
Goodwill	C$5.58B	C$5.86B	C$5.87B	C$6.01B	C$5.70B	C$5.72B	C$5.83B	C$6.31B	C$5.80B	C$6.21B
Total assets	C$44.82B	C$42.95B	C$39.48B	C$39.74B	C$34.24B	C$31.23B	C$31.84B	C$32.31B	C$28.81B	C$29.22B
Current liabilities	C$6.63B	C$5.12B	C$4.54B	C$7.29B	C$4.88B	C$4.88B	C$4.17B	C$4.55B	C$3.95B	C$3.72B
Short-term debt	C$1.20B	C$234.00M	C$676.00M	C$574.00M	C$462.00M	C$1.38B	C$501.00M	C$1.12B	C$741.00M	C$476.00M
Long-term debt	C$18.45B	C$18.17B	C$17.69B	C$15.74B	C$14.20B	C$12.34B	C$13.68B	C$14.29B	C$13.14B	C$14.27B
Total debt	C$19.65B	C$18.41B	C$18.36B	C$16.32B	C$14.66B	C$13.72B	C$14.18B	C$15.41B	C$13.88B	C$14.74B
Total liabilities	C$31.42B	C$29.66B	C$27.39B	C$28.30B	C$24.09B	C$22.00B	C$23.24B	C$23.96B	C$21.60B	C$22.38B
Shareholders' equity	C$13.38B	C$13.28B	C$12.09B	C$11.44B	C$10.15B	C$9.24B	C$8.60B	C$8.36B	C$7.20B	C$6.84B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	C$1.80B	C$2.65B	C$2.24B	C$913.00M	C$1.19B	C$1.64B	C$1.52B	C$1.69B	C$1.19B	C$1.05B
Capital expenditures	C$3.53B	C$3.15B	C$2.94B	C$2.60B	C$2.36B	C$2.62B	C$2.50B	C$2.16B	C$1.53B	C$1.08B
Free cash flow	-C$1.73B	-C$505.00M	-C$696.00M	-C$1.68B	-C$1.17B	-C$986.00M	-C$970.00M	-C$472.00M	-C$336.00M	-C$27.00M
Investing cash flow	-C$3.48B	-C$2.22B	-C$2.92B	-C$2.57B	-C$2.33B	-C$1.22B	-C$1.62B	-C$2.19B	-C$1.76B	-C$9.04B
Financing cash flow	C$1.84B	-C$818.00M	C$939.00M	C$1.55B	C$1.31B	-C$372.00M	C$14.00M	C$344.00M	C$593.00M	C$7.45B
Dividends paid	C$576.00M	C$538.00M	C$488.00M	C$472.00M	C$443.00M	C$409.00M	C$423.00M	C$382.00M	C$287.00M	C$221.00M
Depreciation and amortization	C$1.30B	C$1.17B	C$1.06B	C$959.00M	C$915.00M	C$899.00M	C$911.00M	C$928.00M	C$856.00M	C$588.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	21.9%	-4.8%	-0.3%	31.6%	4.7%	-9.9%	-6.3%	4.8%	45.6%	53.4%
Net income growth, YoY	105.5%	-49.5%	3.4%	85.1%	-45.6%	41.5%	-6.6%	166.7%	17.2%	-46.8%
EPS growth, YoY	97.7%	-52.1%	0.6%	79.3%	-47.6%	37.0%	-9.2%	145.2%	-6.1%	-51.3%
Operating margin	22.5%	15.0%	23.7%	21.5%	16.1%	20.8%	22.0%	21.4%	22.8%	13.0%
Net margin	11.6%	6.9%	12.9%	12.5%	8.9%	17.0%	10.8%	10.9%	4.3%	5.3%
Free cash flow margin	-19.7%	-7.0%	-9.2%	-22.2%	-20.4%	-17.9%	-15.9%	-7.2%	-5.4%	-0.6%
Return on equity	7.6%	3.7%	8.1%	8.3%	5.0%	10.1%	7.7%	8.5%	3.7%	3.3%
Return on assets	2.3%	1.1%	2.5%	2.4%	1.5%	3.0%	2.1%	2.2%	0.9%	0.8%
Current ratio	0.66	0.72	0.82	0.67	0.64	0.45	0.60	0.62	0.64	0.67
Debt to equity	1.47	1.39	1.52	1.43	1.44	1.49	1.65	1.84	1.93	2.15

Source: XBRL data Emera Incorporated files with the SEC, latest filing dated Feb 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

EMA peers

Company	Revenue	Growth	Net income	Net margin	Market cap
EMA	C$8.78B	+21.9%	C$1.01B	11.6%	$15.54B
NEENextEra Energy Inc.	$27.87B	+10.3%	$8.18B	29.4%	$182.17B
SOSouthern Company	$30.17B	+7.9%	$4.34B	14.4%	$108.94B
CEGConstellation Energy Corporation	$31.27B	+26.0%	$3.48B	11.1%	$97.82B
AEPAmerican Electric Power Company Inc.	$22.43B	+9.3%	$3.72B	16.6%	$69.88B
DDominion Energy Inc.	$17.52B	+17.5%	$2.95B	16.9%	$60.02B
ETREntergy Corporation	$13.29B	+11.4%	$1.79B	13.4%	$53.41B
VSTVistra Corp.	$20.97B	+19.8%	$2.71B	12.9%	$44.95B
FTSFortis Inc.	C$12.17B	+5.8%	C$1.71B	14.1%	$30.71B

EMA FAQ

8 questions

What is EMA revenue?
Emera Incorporated (EMA) reported C$8.78B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 21.9% from the year before.
Is EMA profitable?
Yes. Emera Incorporated earned C$1.01B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 11.6%.
How much cash and debt does EMA have?
Emera Incorporated reported C$344.00M in cash and cash equivalents and C$19.65B of debt on its most recent balance sheet in SEC filings.
How fast is EMA revenue growing?
Emera Incorporated's revenue changed +21.9% in fiscal 2025, to C$8.78B. Its compound annual growth rate was +9.8% over 5 years and +12.1% over 10 years.
What is EMA free cash flow?
Emera Incorporated generated -C$1.73B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of C$1.80B less capital expenditures.
What is EMA earnings per share?
Diluted earnings per share were C$3.38 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did EMA last report financial results?
The latest statements here come from Emera Incorporated's 40-F filed on Feb 23, 2026, covering the period ended Dec 31, 2025.
Where does this EMA financial data come from?
Quantisnow builds these statements from the structured XBRL data Emera Incorporated files with the SEC. It is provided for information only and is not investment advice.