Emera Incorporated (TSX:EMA)
71.83
+0.40 (0.56%)
May 12, 2026, 11:25 AM EST
Emera Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 8,913 | 8,776 | 7,200 | 7,563 | 7,588 | 5,765 | |
Revenue Growth (YoY) | 13.43% | 21.89% | -4.80% | -0.33% | 31.62% | 4.70% |
Fuel & Purchased Power | 2,228 | 2,161 | 1,992 | 1,881 | 2,171 | 1,763 |
Operations & Maintenance | 2,402 | 2,316 | 1,901 | 1,866 | 1,584 | 1,355 |
Selling, General & Admin | 15 | 15 | 11 | 8 | 7 | 8 |
Depreciation & Amortization | 1,314 | 1,294 | 1,162 | 1,049 | 952 | 902 |
Other Operating Expenses | 861 | 915 | 794 | 930 | 1,148 | 799 |
Total Operating Expenses | 6,820 | 6,701 | 5,860 | 5,734 | 5,862 | 4,827 |
Operating Income | 2,093 | 2,075 | 1,340 | 1,829 | 1,726 | 938 |
Interest Expense | -1,078 | -1,062 | -1,004 | -954 | -730 | -611 |
Interest Income | 37 | 37 | 31 | 56 | 25 | - |
Net Interest Expense | -1,041 | -1,025 | -973 | -898 | -705 | -611 |
Income (Loss) on Equity Investments | 65 | 63 | 99 | 146 | 129 | 143 |
Currency Exchange Gain (Loss) | 22 | 25 | -58 | 20 | -26 | 3 |
Allowance for Equity Funds for Construction | 62 | 62 | 53 | 38 | 52 | 61 |
Allowance for Borrowed Funds for Construction | 30 | 30 | 23 | 16 | 21 | - |
Other Non-Operating Income (Expenses) | 4 | 14 | 22 | 22 | 7 | 21 |
EBT Excluding Unusual Items | 1,235 | 1,244 | 506 | 1,173 | 1,204 | 555 |
Impairment of Goodwill | - | - | -214 | - | -73 | - |
Gain (Loss) on Sale of Investments | 4 | 4 | 182 | - | - | - |
Asset Writedown | -75 | -75 | -11 | - | - | - |
Other Unusual Items | -2 | -2 | -54 | - | 63 | - |
Pretax Income | 1,162 | 1,171 | 409 | 1,173 | 1,194 | 555 |
Income Tax Expense | 91 | 81 | -159 | 128 | 185 | -6 |
Earnings From Continuing Ops. | 1,071 | 1,090 | 568 | 1,045 | 1,009 | 561 |
Minority Interest in Earnings | -1 | -1 | -1 | -1 | -1 | -1 |
Net Income | 1,070 | 1,089 | 567 | 1,044 | 1,008 | 560 |
Preferred Dividends & Other Adjustments | 77 | 75 | 73 | 66.3 | 62.9 | 49.5 |
Net Income to Common | 993 | 1,014 | 494 | 977.7 | 945.1 | 510.5 |
Net Income Growth | 13.47% | 92.06% | -45.69% | 3.57% | 80.00% | -43.03% |
Shares Outstanding (Basic) | 301 | 299 | 289 | 274 | 266 | 257 |
Shares Outstanding (Diluted) | 301 | 300 | 289 | 274 | 266 | 258 |
Shares Change (YoY) | 3.15% | 3.63% | 5.63% | 2.97% | 3.22% | 3.79% |
EPS (Basic) | 3.30 | 3.39 | 1.71 | 3.57 | 3.56 | 1.98 |
EPS (Diluted) | 3.29 | 3.38 | 1.71 | 3.57 | 3.55 | 1.98 |
EPS Growth | 10.78% | 97.80% | -52.14% | 0.56% | 79.29% | -47.62% |
Free Cash Flow | -1,849 | -1,730 | -505 | -696 | -1,683 | -1,174 |
Free Cash Flow Per Share | -6.13 | -5.77 | -1.75 | -2.54 | -6.33 | -4.56 |
Dividend Per Share | 2.915 | 2.908 | 2.877 | 2.788 | 2.678 | 2.575 |
Dividend Growth | 1.04% | 1.04% | 3.23% | 4.11% | 3.98% | 4.04% |
Profit Margin | 11.14% | 11.55% | 6.86% | 12.93% | 12.46% | 8.86% |
Free Cash Flow Margin | -20.75% | -19.71% | -7.01% | -9.20% | -22.18% | -20.36% |
EBITDA | 3,407 | 3,373 | 2,505 | 2,889 | 2,685 | 1,853 |
EBITDA Margin | 38.22% | 38.43% | 34.79% | 38.20% | 35.38% | 32.14% |
D&A For EBITDA | 1,314 | 1,298 | 1,165 | 1,060 | 959 | 915 |
EBIT | 2,093 | 2,075 | 1,340 | 1,829 | 1,726 | 938 |
EBIT Margin | 23.48% | 23.64% | 18.61% | 24.18% | 22.75% | 16.27% |
Effective Tax Rate | 7.83% | 6.92% | - | 10.91% | 15.49% | - |
Revenue as Reported | 8,913 | 8,776 | 7,200 | 7,563 | 7,588 | 5,765 |
Source: S&P Global Market Intelligence. Utility template. Financial Sources.