EMA vs. ES: Emera vs. Eversource Energy Stock Comparison
How do Emera (EMA) and Eversource Energy (ES) 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
Emera (EMA) and Eversource Energy (ES) 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 | EMA | ES |
|---|---|---|
| Name | Emera Inc. | Eversource Energy |
| Country/Region | Canada | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 15.62 billion USD | 26.31 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 5, 2010 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EMA | ES |
|---|---|---|
| Total Return (1Y) | 9.07% | 0.35% |
| Total Return (3Y, Annualized) | 18.64% | 14.06% |
| Total Return (5Y, Annualized) | 6.45% | 0.61% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EMA | ES |
|---|---|---|
| Volatility (1Y, Annualized) | 16.26% | 24.60% |
| Beta (5Y) | 0.40 | 0.65 |
| Max Drawdown (5Y) | -32.61% | -41.69% |
| Avg. Volume (3M) | 713.97K | 2.53M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EMA | ES |
|---|---|---|
| Sharpe Ratio (1Y) | 0.29 | -0.16 |
| Sortino Ratio (1Y) | 0.43 | -0.20 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Emera (EMA) earns 7.56% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.
EMA
Utilities industry group
7.56%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- EMA
- 7.56%
- Q1
- 7.56%
- Min
- 2.17%
ES
Utilities industry group
--
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- ES
- --
Net Margin (TTM)
Both Emera (EMA) at 11.64% and Eversource Energy (ES) at 10.38% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
EMA
Utilities industry group
11.64%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- EMA
- 11.64%
- Q1
- 9.18%
- Min
- -0.20%
ES
Utilities industry group
10.38%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ES
- 10.38%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Emera (EMA) at 17.85% and Eversource Energy (ES) at 21.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
EMA
Utilities industry group
17.85%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- EMA
- 17.85%
- Q1
- 15.45%
- Min
- -4.90%
ES
Utilities industry group
21.14%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- ES
- 21.14%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | EMA | ES |
|---|---|---|
| ROE (TTM) | 7.56% | -- |
| ROA (TTM) | 2.91% | -- |
| Net Margin (TTM) | 11.64% | 10.38% |
| Operating Margin (TTM) | 17.85% | 21.14% |
| Gross Margin (TTM) | 43.76% | 51.63% |
Growth
Revenue Growth
Both Emera (EMA) at 21.89% and Eversource Energy (ES) at 13.83% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Both Emera (EMA) at 97.66% and Eversource Energy (ES) at 100.88% 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 | EMA | ES |
|---|---|---|
| Revenue Growth (YoY) | 21.89% | 13.83% |
| Revenue Growth (3Y CAGR) | 4.97% | 3.30% |
| EPS Growth (YoY) | 97.66% | 100.88% |
| EPS Growth (3Y CAGR) | -1.62% | 4.03% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Emera (EMA) shows current ratio of 0.73 against its industry benchmark, while Eversource Energy (ES) has no reading this period.
EMA
Utilities industry group
0.73
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- EMA
- 0.73
- Q1
- 0.66
- Min
- 0.29
ES
Utilities industry group
--
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
- ES
- --
Debt / Equity (MRQ)
Emera (EMA) at 1.54 carries an industry-typical debt-to-equity mix, while Eversource Energy (ES) at 1.81 uses more debt funding than most peers.
EMA
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- EMA
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
ES
Utilities industry group
1.81
- Max
- 2.63
- ES
- 1.81
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | EMA | ES |
|---|---|---|
| Current Ratio (MRQ) | 0.73 | -- |
| Debt / Equity (MRQ) | 1.54 | 1.81 |
| Net Debt / EBITDA | 6.38 | 5.73 |
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 Eversource Energy (ES) reports a yield of 4.33%, ranking against industry peers normally.
EMA
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- EMA
- 0.00%
- Min
- 0.00%
ES
Utilities industry group
4.33%
- Max
- 6.66%
- ES
- 4.33%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Emera (EMA) at 92.48% and Eversource Energy (ES) at 82.19% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
EMA
Utilities industry group
92.48%
- Max
- 113.04%
- EMA
- 92.48%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
ES
Utilities industry group
82.19%
- Max
- 113.04%
- ES
- 82.19%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | EMA | ES |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.33% |
| Dividend Payout Ratio (TTM) | 92.48% | 82.19% |
Valuation
P/E Ratio (TTM)
Eversource Energy (ES) at 18.43 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.
EMA
Utilities industry group
23.58
- Max
- 31.22
- EMA
- 23.58
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
ES
Utilities industry group
18.43
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ES
- 18.43
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both Emera (EMA) at 1.75 and Eversource Energy (ES) at 1.91 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
EMA
Utilities industry group
1.75
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- EMA
- 1.75
- Q1
- 1.52
- Min
- 0.00
ES
Utilities industry group
1.91
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ES
- 1.91
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Emera (EMA) at 1.80 and Eversource Energy (ES) at 1.61 are valued close to their industries’ norm against book — neither stands out from peers.
EMA
Utilities industry group
1.80
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- EMA
- 1.80
- Q1
- 1.46
- Min
- 0.34
ES
Utilities industry group
1.61
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ES
- 1.61
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | EMA | ES |
|---|---|---|
| P/E Ratio (TTM) | 23.58 | 18.43 |
| P/S Ratio (TTM) | 1.75 | 1.91 |
| P/B Ratio (MRQ) | 1.80 | 1.61 |
| Free Cash Flow Yield (TTM) | -9.18% | -- |