MARKETS / COMPARE / EMA VS FTS

EMA vs FTS

Emera Incorporated and Fortis Inc., side by side — 10 fiscal years reported in CAD, drawn from SEC filings.

At a glance

Most recent reported year

Metric EMA FTS
RevenueCAD 8.8BCAD 11.9B
Net incomeCAD 1.1BCAD 2.0B
Gross margin71.7%
Net margin12.4%16.5%
Return on equity8.2%8.2%
Diluted EPSCAD 3.38CAD 3.40
Dividend / shareCAD 2.91CAD 2.51
Payout ratio52.8%40.2%
Free cash flowCAD -1.7BCAD -1.9B
EquityCAD 13.4BCAD 23.8B
Net debt / equity1.62×1.41×
Current ratio0.66×0.51×
Revenue CAGR 5y9.8%6.4%
Profit CAGR 5y2.1%7.1%

FTS bills 1.4× the revenue of EMA, and keeps more of each dollar of revenue as profit (16.5% against 12.4%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.

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Revenue by year

10 years side by side

Fiscal year EMA FTS
FY2025CAD 8.8BCAD 11.9B
FY2024CAD 7.2BCAD 11.2B
FY2023CAD 7.6BCAD 11.2B
FY2022CAD 7.6BCAD 10.9B
FY2021CAD 5.8BCAD 9.3B
FY2020CAD 5.5BCAD 8.7B
FY2019CAD 6.1BCAD 8.6B
FY2018CAD 6.5BCAD 8.3B
FY2017CAD 6.2BCAD 8.2B
FY2016CAD 4.3BCAD 6.8B
Net income by year

Bottom line

Fiscal year EMA FTS
FY2025CAD 1.1BCAD 2.0B
FY2024CAD 568.0MCAD 1.8B
FY2023CAD 1.0BCAD 1.7B
FY2022CAD 1.0BCAD 1.5B
FY2021CAD 561.0MCAD 1.4B
FY2020CAD 984.0MCAD 1.4B
FY2019CAD 710.0MCAD 1.9B
FY2018CAD 747.0MCAD 1.3B
FY2017CAD 299.0MCAD 1.1B
FY2016CAD 227.0MCAD 713.0M
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