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Emera Incorporated  (EMA)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


Emera Incorporated's ROA from the fourth quarter of 2023 to the fourth quarter of 2019 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Emera Incorporated's ROA in the fourth quarter of 2023?
Emera Incorporated achieved a return on average assets (ROA) of 2.65 % in its fourth quarter of 2023 a new company high.

ROA has improved compared to 1.89% in the third quarter of 2023, due to net income growth.

However, within the Utilities sector 50 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 1245.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Total Assets Change 23.99 % 23.99 % 23.99 % 23.99 % -1.46 %
Y / Y Net Income Change 47.18 % - - - -4.95 %
Net Income (TTM) in million 800 544 544 544 544
Return On Assets (TTM) 2.65 % 1.89 % 1.99 % 2.1 % 2.23 %
EMA's Total Ranking # 1245 # # # #
Total Assets (TTM) in million 30,243 30,243 30,243 30,243 24,391
Seq. Total Assets Change 0 % 0 % 0 % 23.99 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 20
Sector # 51
Overall # 1241

Return On Assets Statistics
High Average Low
2.65 %
2.06 %
1.04 %
(Dec 31 2023)   (Dec 31 2017)





Financial Statements
Emera Incorporated's Assets $ 30,243 million EMA's Balance sheet
Emera Incorporated's Income $ 800 million Quarterly EMA's Income Statement
EMA's Income by Division See EMA's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017
(Dec 31 2016)
FY 2016
Y / Y Total Assets Change 23.99 % -1.46 % -13.97 % -1.54 % -
Total Assets in million 30,243 24,391 24,753 28,771 29,221
Y / Y Net Income Change 47.18 % -4.95 % 91.37 % 12.41 % -
Net Income in million 800 544 572 299 266
Return On Assets 2.65 % 2.23 % 2.31 % 1.04 % 0.91 %




Comment on EMA's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 2.65 % compared to prior year, due to annual net income growth of 47.18 % to $800.47 million, while value of Emera Incorporated's overall assets grew just by 23.99 % to $30,243.02 million, compared to $30,243.02 a year before.


More Return On Assets Ratios
EMA's' Return on Assets at Yahoo Finance
Electric Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
EMA's Roa Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for EMA's Competitors
Roa for Emera Incorporated's Suppliers
Return On Assets for EMA's Customers

You may also want to know
EMA's Roi EMA's Inventory Turnover Ratio EMA's Growth Rates EMA's Dividend Comparisons
EMA's Profitability Ratios EMA's Asset Turnover Ratio EMA's Dividend Growth
EMA's Roe EMA's Valuation Ratios EMA's Financial Strength Ratios EMA's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Utilities Sector ROA
Genie Energy Ltd   6.62 %
Antero Midstream Corporation  6.57 %
Williams Companies Inc   6.56 %
Kinetik Holdings Inc   6.15 %
American States Water Company  5.78 %
Plains All American Pipeline Lp  5.49 %
Public Service Enterprise Group Incorporated  5.15 %
Pure Cycle Corporation  5.04 %
Plains Gp Holdings Lp  4.98 %
Energy Transfer Lp  4.91 %
Northwest Natural Holding Company  4.72 %
Vistra Corp   4.72 %
Dt Midstream Inc   4.46 %
Rgc Resources Inc   4.32 %
Sempra  4.30 %
Equitrans Midstream Corporation  4.15 %
Enlink Midstream Llc  4.15 %
Atmos Energy Corp  4.15 %
Archrock inc  3.95 %
Entergy Corporation  3.95 %
Consolidated Edison Inc   3.91 %
Wisconsin Public Service Corporation  3.78 %
Nextera Energy Inc  3.68 %
New Jersey Resources Corporation  3.68 %
Kinder Morgan Inc   3.58 %
Chesapeake Utilities Corporation  3.51 %
Alliant Energy Corp  3.40 %
Hydro One Inc   3.37 %
Idacorp Inc   3.22 %
Dte Energy Co  3.21 %


Date modified: 2024-02-27T11:22:29+00:00


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