ED vs. EMA: Consolidated Edison vs. Emera Stock Comparison
How do Consolidated Edison (ED) and Emera (EMA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Consolidated Edison (ED) and Emera (EMA) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while EMA is classified in Electric Utilities.
| Profile Item | ED | EMA |
|---|---|---|
| Name | Consolidated Edison Inc. | Emera Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Electric Utilities |
| GICS Sub-Industry | Multi-Utilities | Electric Utilities |
| Market Capitalization | 44.00 billion USD | 15.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | January 5, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ED | EMA |
|---|---|---|
| Total Return (1Y) | 24.62% | 9.07% |
| Total Return (3Y, Annualized) | 13.82% | 18.64% |
| Total Return (5Y, Annualized) | 12.66% | 6.45% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ED | EMA |
|---|---|---|
| Volatility (1Y, Annualized) | 17.94% | 16.26% |
| Beta (5Y) | 0.23 | 0.40 |
| Max Drawdown (5Y) | -22.03% | -32.61% |
| Avg. Volume (3M) | 2.21M | 713.97K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ED | EMA |
|---|---|---|
| Sharpe Ratio (1Y) | 1.13 | 0.29 |
| Sortino Ratio (1Y) | 1.74 | 0.43 |
Profitability
ROE (TTM)
Both Consolidated Edison (ED) at 9.10% and Emera (EMA) at 7.56% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ED
Utilities industry group
9.10%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- ED
- 9.10%
- Q1
- 7.56%
- Min
- 2.17%
EMA
Utilities industry group
7.56%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- EMA
- 7.56%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Consolidated Edison (ED) at 12.70% and Emera (EMA) at 11.64% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ED
Utilities industry group
12.70%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ED
- 12.70%
- Q1
- 9.18%
- Min
- -0.20%
EMA
Utilities industry group
11.64%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- EMA
- 11.64%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Consolidated Edison (ED) at 26.28% and Emera (EMA) at 17.85% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ED
Utilities industry group
26.28%
- Max
- 53.83%
- Q3
- 31.12%
- ED
- 26.28%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
EMA
Utilities industry group
17.85%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- EMA
- 17.85%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ED | EMA |
|---|---|---|
| ROE (TTM) | 9.10% | 7.56% |
| ROA (TTM) | 3.33% | 2.91% |
| Net Margin (TTM) | 12.70% | 11.64% |
| Operating Margin (TTM) | 26.28% | 17.85% |
| Gross Margin (TTM) | 53.72% | 43.76% |
Growth
Revenue Growth
Emera (EMA) at 21.89% sits in the top revenue growth quartile, while Consolidated Edison (ED) at 10.89% is closer to the peer norm — faster top-line expansion for EMA.
EPS Growth
Emera (EMA) at 97.66% clears its industry range for EPS growth, a much stronger earnings trajectory than Consolidated Edison (ED) at 7.63%, which is closer to a typical peer reading.
Growth Metrics
| Metric | ED | EMA |
|---|---|---|
| Revenue Growth (YoY) | 10.89% | 21.89% |
| Revenue Growth (3Y CAGR) | 2.59% | 4.97% |
| EPS Growth (YoY) | 7.63% | 97.66% |
| EPS Growth (3Y CAGR) | 6.57% | -1.62% |
Financial Strength
Current Ratio (MRQ)
Emera (EMA) at 0.73 keeps current ratio within its industry’s typical mid-range, while Consolidated Edison (ED) at 1.18 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
ED
Utilities industry group
1.18
- Max
- 1.90
- ED
- 1.18
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
EMA
Utilities industry group
0.73
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- EMA
- 0.73
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both Consolidated Edison (ED) at 1.06 and Emera (EMA) at 1.54 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ED
Utilities industry group
1.06
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- ED
- 1.06
- Q1
- 0.84
- Min
- 0.00
EMA
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- EMA
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ED | EMA |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 0.73 |
| Debt / Equity (MRQ) | 1.06 | 1.54 |
| Net Debt / EBITDA | 4.42 | 6.38 |
Dividends
Dividend Yield (TTM)
Emera (EMA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Consolidated Edison (ED) reports a yield of 2.89%, ranking against industry peers normally.
ED
Utilities industry group
2.89%
- Max
- 6.66%
- Q3
- 3.58%
- ED
- 2.89%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
EMA
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- EMA
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Consolidated Edison (ED) at 56.38% pays out a band-typical share of earnings, while Emera (EMA) at 92.48% distributes more than its industry norm — less retained, thinner cover.
ED
Utilities industry group
56.38%
- Max
- 113.04%
- Q3
- 68.72%
- ED
- 56.38%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
EMA
Utilities industry group
92.48%
- Max
- 113.04%
- EMA
- 92.48%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | ED | EMA |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 56.38% | 92.48% |
Valuation
P/E Ratio (TTM)
Consolidated Edison (ED) at 19.03 is near its industry’s usual P/E ratio, while Emera (EMA) at 23.58 sits in the richer quartile — EMA needs stronger growth or earnings quality to justify the premium.
ED
Utilities industry group
19.03
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ED
- 19.03
- Q1
- 15.17
- Min
- 3.34
EMA
Utilities industry group
23.58
- Max
- 31.22
- EMA
- 23.58
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both Consolidated Edison (ED) at 2.43 and Emera (EMA) at 1.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ED
Utilities industry group
2.43
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ED
- 2.43
- Q1
- 1.52
- Min
- 0.00
EMA
Utilities industry group
1.75
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- EMA
- 1.75
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Consolidated Edison (ED) at 1.67 and Emera (EMA) at 1.80 are valued close to their industries’ norm against book — neither stands out from peers.
ED
Utilities industry group
1.67
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ED
- 1.67
- Q1
- 1.46
- Min
- 0.34
EMA
Utilities industry group
1.80
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- EMA
- 1.80
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ED | EMA |
|---|---|---|
| P/E Ratio (TTM) | 19.03 | 23.58 |
| P/S Ratio (TTM) | 2.43 | 1.75 |
| P/B Ratio (MRQ) | 1.67 | 1.80 |
| Free Cash Flow Yield (TTM) | -3.05% | -9.18% |