EIX vs. EMA: Edison vs. Emera Stock Comparison
How do Edison (EIX) 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
Edison (EIX) and Emera (EMA) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | EIX | EMA |
|---|---|---|
| Name | Edison International | Emera Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 22.84 billion USD | 15.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 3, 1973 | January 5, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EIX | EMA |
|---|---|---|
| Total Return (1Y) | 11.26% | 9.07% |
| Total Return (3Y, Annualized) | 3.52% | 18.64% |
| Total Return (5Y, Annualized) | 3.43% | 6.45% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EIX | EMA |
|---|---|---|
| Volatility (1Y, Annualized) | 36.47% | 16.26% |
| Beta (5Y) | 0.55 | 0.40 |
| Max Drawdown (5Y) | -43.88% | -32.61% |
| Avg. Volume (3M) | 5.15M | 713.97K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EIX | EMA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.19 | 0.29 |
| Sortino Ratio (1Y) | 0.23 | 0.43 |
Profitability
ROE (TTM)
Edison (EIX) at 18.76% clears its industry range for ROE, a sharper capital-efficiency signal than Emera (EMA) at 7.56%, which is closer to a typical peer reading.
EIX
Utilities industry group
18.76%
- EIX
- 18.76%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- 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)
Edison (EIX) at 19.60% retains a top-quartile share of revenue as profit, ahead of Emera (EMA) at 11.64%, which keeps about the industry-typical share.
EIX
Utilities industry group
19.60%
- Max
- 28.78%
- EIX
- 19.60%
- Q3
- 17.30%
- Median
- 12.73%
- 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 Edison (EIX) at 21.53% and Emera (EMA) at 17.85% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
EIX
Utilities industry group
21.53%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- EIX
- 21.53%
- 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 | EIX | EMA |
|---|---|---|
| ROE (TTM) | 18.76% | 7.56% |
| ROA (TTM) | 3.49% | 2.91% |
| Net Margin (TTM) | 19.60% | 11.64% |
| Operating Margin (TTM) | 21.53% | 17.85% |
| Gross Margin (TTM) | 59.44% | 43.76% |
Growth
Revenue Growth
Emera (EMA) at 21.89% sits in the top revenue growth quartile, while Edison (EIX) at 9.76% is closer to the peer norm — faster top-line expansion for EMA.
EPS Growth
Both Edison (EIX) at 248.94% and Emera (EMA) at 97.66% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | EIX | EMA |
|---|---|---|
| Revenue Growth (YoY) | 9.76% | 21.89% |
| Revenue Growth (3Y CAGR) | 3.90% | 4.97% |
| EPS Growth (YoY) | 248.94% | 97.66% |
| EPS Growth (3Y CAGR) | 93.27% | -1.62% |
Financial Strength
Current Ratio (MRQ)
Both Edison (EIX) at 0.77 and Emera (EMA) at 0.73 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
EIX
Utilities industry group
0.77
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- EIX
- 0.77
- 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)
Emera (EMA) at 1.54 carries an industry-typical debt-to-equity mix, while Edison (EIX) at 2.20 uses more debt funding than most peers.
EIX
Utilities industry group
2.20
- Max
- 2.63
- EIX
- 2.20
- Q3
- 1.77
- Median
- 1.35
- 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 | EIX | EMA |
|---|---|---|
| Current Ratio (MRQ) | 0.77 | 0.73 |
| Debt / Equity (MRQ) | 2.20 | 1.54 |
| Net Debt / EBITDA | 5.26 | 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 Edison (EIX) reports a yield of 5.76%, ranking against industry peers normally.
EIX
Utilities industry group
5.76%
- Max
- 6.66%
- EIX
- 5.76%
- Q3
- 3.58%
- 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)
Edison (EIX) at 37.30% pays out a band-typical share of earnings, while Emera (EMA) at 92.48% distributes more than its industry norm — less retained, thinner cover.
EIX
Utilities industry group
37.30%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- EIX
- 37.30%
- 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 | EIX | EMA |
|---|---|---|
| Dividend Yield (TTM) | 5.76% | 0.00% |
| Dividend Payout Ratio (TTM) | 37.30% | 92.48% |
Valuation
P/E Ratio (TTM)
Edison (EIX) at 6.31 sits in the cheaper P/E ratio quartile, while Emera (EMA) at 23.58 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
EIX
Utilities industry group
6.31
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- EIX
- 6.31
- 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)
Edison (EIX) at 1.23 sits in the cheaper P/S ratio quartile while Emera (EMA) at 1.75 prices around its industry’s middle — EIX costs less per dollar of sales, though read it alongside growth and margins.
EIX
Utilities industry group
1.23
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- EIX
- 1.23
- 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)
Edison (EIX) at 1.28 sits in the lower P/B ratio quartile against book while Emera (EMA) at 1.80 is valued near its industry’s middle — EIX is cheaper on assets, though weigh it against ROE and asset quality.
EIX
Utilities industry group
1.28
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- EIX
- 1.28
- 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 | EIX | EMA |
|---|---|---|
| P/E Ratio (TTM) | 6.31 | 23.58 |
| P/S Ratio (TTM) | 1.23 | 1.75 |
| P/B Ratio (MRQ) | 1.28 | 1.80 |
| Free Cash Flow Yield (TTM) | -0.77% | -9.18% |