The Filing Desk

Emera vs WEC Energy Group

Emera EMA · WEC Energy Group WEC · Electric Utilities

Emera reported revenue of C$8.8 billion in fiscal 2025, and WEC Energy Group $9.8 billion in fiscal 2025, in different currencies. Emera's revenue grew 21.9% in its latest year, and WEC Energy Group's grew 14.0%. Emera had an operating margin of 22.5%, against 22.9% at WEC Energy Group. Free cash flow was −C$1.7 billion at Emera and −$1.0 billion at WEC Energy Group.

Side by side

EmeraWEC Energy Group
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
RevenueC$8.8B$9.8B
Revenue growth21.9%14.0%
Revenue growth a year, last 5 years9.8%6.2%
Gross margin—66.7%
Operating margin22.5%22.9%
Net margin12.4%15.9%
Free cash flow−C$1.7B−$1.0B
Free cash flow margin−19.7%−10.4%
Return on capital5.3%6.0%
Net debt to EBITDA6.7x6.0x
Dividends and buybacksC$576M$1.1B
Change in diluted share count3.6%2.3%
Last close$50.69$115.87
P/E at the last close—24.1×
Insider trades, last 12 months—sold $6.4 million
Piotroski F-score5 of 84 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
In each company's own currency, fiscal years
EmeraWEC Energy Group
Operating margin
Percent of revenue
EmeraWEC Energy Group
Free cash flow
In each company's own currency. Cash from operations minus capital expenditure.
EmeraWEC Energy Group

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Emera and WEC Energy Group pages.