Seek Returns

EMA vs. NI: Emera vs. NiSource Stock Comparison

How do Emera (EMA) and NiSource (NI) 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 NiSource (NI) both fall under the Utilities industry group, but EMA is classified in Electric Utilities while NI is classified in Multi-Utilities.

Company profile comparison for Emera (EMA) and NiSource (NI)
Profile ItemEMANI
NameEmera Inc.NiSource Inc.
Country/RegionCanadaUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesMulti-Utilities
GICS Sub-IndustryElectric UtilitiesMulti-Utilities
Market Capitalization15.62 billion USD21.18 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 5, 2010February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EMA
NI
GSPC
Loading price history…
Emera (EMA) vs. NiSource (NI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Emera (EMA) and NiSource (NI). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Emera (EMA) and NiSource (NI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Total Return (1Y)9.07%6.11%
Total Return (3Y, Annualized)18.64%25.66%
Total Return (5Y, Annualized)6.45%16.11%

Risk Profile

Drawdown History

EMA
NI
GSPC
Loading price history…
Emera (EMA) vs. NiSource (NI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Emera (EMA) and NiSource (NI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Volatility (1Y, Annualized)16.26%18.23%
Beta (5Y)0.400.53
Max Drawdown (5Y)-32.61%-24.76%
Avg. Volume (3M)713.97K5.64M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
EMA and NI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Sharpe Ratio (1Y)0.290.10
Sortino Ratio (1Y)0.430.14

Profitability

ROE (TTM)

Both Emera (EMA) at 7.56% and NiSource (NI) at 8.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

EMA

Utilities industry group

7.56%

Max
17.99%
Q3
12.01%
Median
9.44%
EMA
7.56%
Q1
7.56%
Min
2.17%

NI

Utilities industry group

8.71%

Max
17.99%
Q3
12.01%
Median
9.44%
NI
8.71%
Q1
7.56%
Min
2.17%
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Emera (EMA) at 11.64% and NiSource (NI) at 13.51% 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%

NI

Utilities industry group

13.51%

Max
28.78%
Q3
17.30%
NI
13.51%
Median
12.73%
Q1
9.18%
Min
-0.20%
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both Emera (EMA) at 17.85% and NiSource (NI) at 25.20% 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%

NI

Utilities industry group

25.20%

Max
53.83%
Q3
31.12%
NI
25.20%
Median
23.62%
Q1
15.45%
Min
-4.90%
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
ROE (TTM)7.56%8.71%
ROA (TTM)2.91%3.25%
Net Margin (TTM)11.64%13.51%
Operating Margin (TTM)17.85%25.20%
Gross Margin (TTM)43.76%50.92%

Growth

Revenue Growth

Both Emera (EMA) at 21.89% and NiSource (NI) at 21.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Emera (EMA) at 97.66% is the standout with EPS growth above its industry range; NiSource (NI) at 20.37% also sits in the top quartile.

Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Revenue Growth (YoY)21.89%21.76%
Revenue Growth (3Y CAGR)4.97%4.32%
EPS Growth (YoY)97.66%20.37%
EPS Growth (3Y CAGR)-1.62%4.68%

Financial Strength

Current Ratio (MRQ)

Emera (EMA) at 0.73 keeps current ratio within its industry’s typical mid-range, while NiSource (NI) at 0.50 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NI.

EMA

Utilities industry group

0.73

Max
1.90
Q3
1.17
Median
0.88
EMA
0.73
Q1
0.66
Min
0.29

NI

Utilities industry group

0.50

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
NI
0.50
Min
0.29
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both Emera (EMA) at 1.54 and NiSource (NI) at 1.53 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

NI

Utilities industry group

1.53

Max
2.63
Q3
1.77
NI
1.53
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Current Ratio (MRQ)0.730.50
Debt / Equity (MRQ)1.541.53
Net Debt / EBITDA6.385.87

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 NiSource (NI) reports a yield of 0.68%, 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%

NI

Utilities industry group

0.68%

Max
6.66%
Q3
3.58%
Median
2.85%
NI
0.68%
Q1
0.66%
Min
0.00%
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

NiSource (NI) at 60.51% pays out a band-typical share of earnings, while Emera (EMA) at 92.48% distributes more than its industry norm — less retained, thinner cover.

EMA

Utilities industry group

92.48%

Max
113.04%
EMA
92.48%
Q3
68.72%
Median
56.38%
Q1
32.38%
Min
0.00%

NI

Utilities industry group

60.51%

Max
113.04%
Q3
68.72%
NI
60.51%
Median
56.38%
Q1
32.38%
Min
0.00%
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
Dividend Yield (TTM)0.00%0.68%
Dividend Payout Ratio (TTM)92.48%60.51%

Valuation

P/E Ratio (TTM)

NiSource (NI) at 22.64 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

NI

Utilities industry group

22.64

Max
31.22
Q3
23.30
NI
22.64
Median
19.64
Q1
15.17
Min
3.34
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Emera (EMA) at 1.75 and NiSource (NI) at 3.04 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

NI

Utilities industry group

3.04

Max
6.35
Q3
3.63
NI
3.04
Median
2.63
Q1
1.52
Min
0.00
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Emera (EMA) at 1.80 and NiSource (NI) at 2.21 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

NI

Utilities industry group

2.21

Max
3.12
Q3
2.21
NI
2.21
Median
1.83
Q1
1.46
Min
0.34
Loading chart…
Emera (EMA) vs. NiSource (NI): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Emera (EMA) and NiSource (NI)
MetricEMANI
P/E Ratio (TTM)23.5822.64
P/S Ratio (TTM)1.753.04
P/B Ratio (MRQ)1.802.21
Free Cash Flow Yield (TTM)-9.18%-10.51%