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

Emera Incorporated's ROE per quarter

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


What is ROE for Emera Incorporated in the forth quarter 2023?
Emera Incorporated achieved a return on average equity (ROE) of 8.64 % in its forth quarter 2023, this is above EMA's average return on equity of 7.5%.
Emera Incorporateds equity during the 12 months ending in the forth quarter 2023 are valued at $9 billion

ROE has advanced compared to 6.33% in the third quarter 2023, due to net income growth.

Within the Electric Utilities industry 20 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 0 to 739.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Equity Change 40.54 % 40.54 % 40.54 % 40.54 % -
Y / Y Net Income Change 47.18 % - - - -4.95 %
Net Income (TTM) in Millions 800 544 544 544 544
Return On Equity (TTM) 8.64 % 6.33 % 6.86 % 7.5 % 8.25 %
EMA's Total Ranking # 739 # 0 # 0 # 0 #
Equity (TTM) in Millions 9,259 9,259 9,259 9,259 6,588
Seq. Equity Change 0 % 0 % 0 % 40.54 % 0 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 21
Sector # 37
Overall # 739

Return On Equity Statistics
High Average Low
8.94 %
7.5 %
4.16 %
(Dec 31 2018)   (Dec 31 2017)





EMA Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
Total Equity in Millions 9,259 6,588 6,402 7,181 6,816
Y / Y Equity Change 40.54 % 2.91 % -10.84 % 5.36 % -
Net Income in Millions 800 544 572 299 266
Y / Y Net Income Change 47.18 % -4.95 % 91.37 % 12.41 % -
Return On Equity 8.64 % 8.25 % 8.94 % 4.16 % 3.9 %





Annual Roe Comment
In 2023 ROE improved to 8.64 % compared to the previous year, due to net income growth.


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




Companies with similar Return On Equity at Dec 31 2023, within Utilities Sector ROE
Williams Companies Inc   22.87 %
Oneok Inc   22.57 %
Northwest Natural Holding Company  17.64 %
Antero Midstream Corporation  17.23 %
Entergy Corporation  17.15 %
Public Service Enterprise Group Incorporated  16.97 %
Consolidated Water Co ltd   16.80 %
Hf Sinclair Corporation  16.53 %
American States Water Company  16.47 %
Dte Energy Co  12.98 %
Rgc Resources Inc   12.89 %
Archrock inc  12.21 %
Consolidated Edison Inc   12.00 %
New Jersey Resources Corporation  11.83 %
Nextera Energy Inc  11.44 %
Sempra  11.29 %
Firstenergy Corp  10.80 %
Alliant Energy Corp  10.70 %
Genie Energy Ltd   10.49 %
Ameren Corporation  10.47 %
Xcel Energy Inc  10.32 %
American Water Works Company Inc   9.70 %
Dt Midstream Inc   9.39 %
Exelon Corporation  9.29 %
Pg and e Corp  9.28 %
Centerpoint Energy Inc   9.18 %
Hydro One Inc   9.14 %
Chesapeake Utilities Corporation  9.10 %
Idacorp Inc   9.08 %
American Electric Power Co Inc   8.96 %


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



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