EMA vs. FTS: Emera vs. Fortis Stock Comparison
How do Emera (EMA) and Fortis (FTS) 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 Fortis (FTS) 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 | FTS |
|---|---|---|
| Name | Emera Inc. | Fortis Inc. |
| Country/Region | Canada | 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 | 15.62 billion USD | 31.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 5, 2010 | January 5, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EMA | FTS |
|---|---|---|
| Total Return (1Y) | 9.07% | 19.13% |
| Total Return (3Y, Annualized) | 18.64% | 17.59% |
| Total Return (5Y, Annualized) | 6.45% | 9.53% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EMA | FTS |
|---|---|---|
| Volatility (1Y, Annualized) | 16.26% | 14.85% |
| Beta (5Y) | 0.40 | 0.40 |
| Max Drawdown (5Y) | -32.61% | -30.13% |
| Avg. Volume (3M) | 713.97K | 879.23K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EMA | FTS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.29 | 1.00 |
| Sortino Ratio (1Y) | 0.43 | 1.53 |
Profitability
ROE (TTM)
Emera (EMA) at 7.56% is around its peer norm for ROE, while Fortis (FTS) at 7.55% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
EMA
Utilities industry group
7.56%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- EMA
- 7.56%
- Q1
- 7.56%
- Min
- 2.17%
FTS
Utilities industry group
7.55%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- FTS
- 7.55%
- Min
- 2.17%
Net Margin (TTM)
Both Emera (EMA) at 11.64% and Fortis (FTS) at 15.01% 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%
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Emera (EMA) at 17.85% and Fortis (FTS) at 30.69% 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%
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | EMA | FTS |
|---|---|---|
| ROE (TTM) | 7.56% | 7.55% |
| ROA (TTM) | 2.91% | 2.93% |
| Net Margin (TTM) | 11.64% | 15.01% |
| Operating Margin (TTM) | 17.85% | 30.69% |
| Gross Margin (TTM) | 43.76% | 45.52% |
Growth
Revenue Growth
Emera (EMA) at 21.89% sits in the top revenue growth quartile, while Fortis (FTS) at 5.75% 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 Fortis (FTS) at 4.94%, which is closer to a typical peer reading.
Growth Metrics
| Metric | EMA | FTS |
|---|---|---|
| Revenue Growth (YoY) | 21.89% | 5.75% |
| Revenue Growth (3Y CAGR) | 4.97% | 3.29% |
| EPS Growth (YoY) | 97.66% | 4.94% |
| EPS Growth (3Y CAGR) | -1.62% | 6.94% |
Financial Strength
Current Ratio (MRQ)
Both Emera (EMA) at 0.73 and Fortis (FTS) at 0.69 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
EMA
Utilities industry group
0.73
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- EMA
- 0.73
- Q1
- 0.66
- Min
- 0.29
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both Emera (EMA) at 1.54 and Fortis (FTS) at 1.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
EMA
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- EMA
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
FTS
Utilities industry group
1.35
- Max
- 2.63
- Q3
- 1.77
- FTS
- 1.35
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | EMA | FTS |
|---|---|---|
| Current Ratio (MRQ) | 0.73 | 0.69 |
| Debt / Equity (MRQ) | 1.54 | 1.35 |
| Net Debt / EBITDA | 6.38 | 6.22 |
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 Fortis (FTS) reports a yield of 4.18%, 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%
FTS
Utilities industry group
4.18%
- Max
- 6.66%
- FTS
- 4.18%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Emera (EMA) at 92.48% and Fortis (FTS) at 72.73% 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%
FTS
Utilities industry group
72.73%
- Max
- 113.04%
- FTS
- 72.73%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | EMA | FTS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.18% |
| Dividend Payout Ratio (TTM) | 92.48% | 72.73% |
Valuation
P/E Ratio (TTM)
Both Emera (EMA) at 23.58 and Fortis (FTS) at 23.66 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
EMA
Utilities industry group
23.58
- Max
- 31.22
- EMA
- 23.58
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
FTS
Utilities industry group
23.66
- Max
- 31.22
- FTS
- 23.66
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both Emera (EMA) at 1.75 and Fortis (FTS) at 2.47 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
FTS
Utilities industry group
2.47
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- FTS
- 2.47
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Emera (EMA) at 1.80 and Fortis (FTS) at 1.79 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
FTS
Utilities industry group
1.79
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- FTS
- 1.79
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | EMA | FTS |
|---|---|---|
| P/E Ratio (TTM) | 23.58 | 23.66 |
| P/S Ratio (TTM) | 1.75 | 2.47 |
| P/B Ratio (MRQ) | 1.80 | 1.79 |
| Free Cash Flow Yield (TTM) | -9.18% | -9.42% |