EMA vs. PCG: Emera vs. PG&E Stock Comparison
How do Emera (EMA) and PG&E (PCG) 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 PG&E (PCG) 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 | PCG |
|---|---|---|
| Name | Emera Inc. | PG&E Corporation |
| 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 | 28.57 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 5, 2010 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EMA | PCG |
|---|---|---|
| Total Return (1Y) | 9.07% | -19.03% |
| Total Return (3Y, Annualized) | 18.64% | -6.50% |
| Total Return (5Y, Annualized) | 6.45% | 2.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
PG&E (PCG) is heavily traded at around 39.33M shares per day, whereas Emera (EMA) sees a more moderate 713.97K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | EMA | PCG |
|---|---|---|
| Volatility (1Y, Annualized) | 16.26% | 34.84% |
| Beta (5Y) | 0.40 | 0.17 |
| Max Drawdown (5Y) | -32.61% | -43.92% |
| Avg. Volume (3M) | 713.97K | 39.33M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EMA | PCG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.29 | -0.67 |
| Sortino Ratio (1Y) | 0.43 | -0.81 |
Profitability
ROE (TTM)
Both Emera (EMA) at 7.56% and PG&E (PCG) at 8.89% 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%
PCG
Utilities industry group
8.89%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PCG
- 8.89%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Emera (EMA) at 11.64% and PG&E (PCG) at 11.57% 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%
PCG
Utilities industry group
11.57%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PCG
- 11.57%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Emera (EMA) at 17.85% and PG&E (PCG) at 23.64% 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%
PCG
Utilities industry group
23.64%
- Max
- 53.83%
- Q3
- 31.12%
- PCG
- 23.64%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | EMA | PCG |
|---|---|---|
| ROE (TTM) | 7.56% | 8.89% |
| ROA (TTM) | 2.91% | 2.59% |
| Net Margin (TTM) | 11.64% | 11.57% |
| Operating Margin (TTM) | 17.85% | 23.64% |
| Gross Margin (TTM) | 43.76% | 40.57% |
Growth
Revenue Growth
Emera (EMA) at 21.89% sits in the top revenue growth quartile, while PG&E (PCG) at 2.11% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Emera (EMA) at 97.66% clears its industry range for EPS growth, a much stronger earnings trajectory than PG&E (PCG) at 2.61%, which is closer to a typical peer reading.
Growth Metrics
| Metric | EMA | PCG |
|---|---|---|
| Revenue Growth (YoY) | 21.89% | 2.11% |
| Revenue Growth (3Y CAGR) | 4.97% | 4.77% |
| EPS Growth (YoY) | 97.66% | 2.61% |
| EPS Growth (3Y CAGR) | -1.62% | 12.00% |
Financial Strength
Current Ratio (MRQ)
Both Emera (EMA) at 0.73 and PG&E (PCG) at 1.03 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
PCG
Utilities industry group
1.03
- Max
- 1.90
- Q3
- 1.17
- PCG
- 1.03
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Emera (EMA) at 1.54 carries an industry-typical debt-to-equity mix, while PG&E (PCG) at 1.88 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
PCG
Utilities industry group
1.88
- Max
- 2.63
- PCG
- 1.88
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | EMA | PCG |
|---|---|---|
| Current Ratio (MRQ) | 0.73 | 1.03 |
| Debt / Equity (MRQ) | 1.54 | 1.88 |
| Net Debt / EBITDA | 6.38 | 6.05 |
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 PG&E (PCG) reports a yield of 1.51%, 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%
PCG
Utilities industry group
1.51%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- PCG
- 1.51%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
PG&E (PCG) at 14.81% retains more earnings than its industry usually does; Emera (EMA) at 92.48% distributes an above-typical share — opposite departures from the band, with the risk sitting on EMA’s side.
EMA
Utilities industry group
92.48%
- Max
- 113.04%
- EMA
- 92.48%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
PCG
Utilities industry group
14.81%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- PCG
- 14.81%
- Min
- 0.00%
Dividend Metrics
| Metric | EMA | PCG |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.51% |
| Dividend Payout Ratio (TTM) | 92.48% | 14.81% |
Valuation
P/E Ratio (TTM)
PG&E (PCG) at 9.61 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.
EMA
Utilities industry group
23.58
- Max
- 31.22
- EMA
- 23.58
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
PCG
Utilities industry group
9.61
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- PCG
- 9.61
- Min
- 3.34
P/S Ratio (TTM)
PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while Emera (EMA) at 1.75 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.
EMA
Utilities industry group
1.75
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- EMA
- 1.75
- Q1
- 1.52
- Min
- 0.00
PCG
Utilities industry group
1.11
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- PCG
- 1.11
- Min
- 0.00
P/B Ratio (MRQ)
PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while Emera (EMA) at 1.80 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.
EMA
Utilities industry group
1.80
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- EMA
- 1.80
- Q1
- 1.46
- Min
- 0.34
PCG
Utilities industry group
0.87
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- PCG
- 0.87
- Min
- 0.34
Valuation Metrics
| Metric | EMA | PCG |
|---|---|---|
| P/E Ratio (TTM) | 23.58 | 9.61 |
| P/S Ratio (TTM) | 1.75 | 1.11 |
| P/B Ratio (MRQ) | 1.80 | 0.87 |
| Free Cash Flow Yield (TTM) | -9.18% | -22.73% |