Emera (EMA) vs Fortis (FTS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Fortis (FTS) has outperformed Emera (EMA) over the past year, gaining 5.9% versus a loss of 4.5%. Over five years, FTS leads with a +17.1% price change compared with -3.2% for EMA. Fortis is the larger company by market cap ($27.27 billion vs $14.08 billion), about 1.9 times the size.
On valuation, Emera trades at a lower forward P/E (17.7x vs 19.3x for Fortis). Emera offers the higher dividend yield (6.38% vs 4.75%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EMA | FTS |
|---|---|---|
| Share price | $45.85 | $53.38 |
| Market cap | $14.08B | $27.27B |
| 1-day change | +0.09% | +0.68% |
| YTD return | -6.88% | +2.77% |
| 1-year return | -4.54% | +5.93% |
| 5-year return | -3.17% | +17.06% |
| P/E ratio (TTM) | 20.02 | 21.70 |
| Forward P/E | 17.72 | 19.34 |
| EPS (TTM) | $2.29 | $2.46 |
| Dividend yield | 6.38% | 4.75% |
| Annual dividend | $2.92 | $2.54 |
| 52-week high | $55.49 | $59.40 |
| 52-week low | $45.40 | $49.60 |
| Distance from 52-week high | -17.37% | -10.13% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +15.59% | -0.71% |
| Average volume | 531.06K | 784.77K |
| Shares outstanding | 307.15M | 510.90M |
| Employees | 7,812 | 9,900 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FTS has outperformed EMA by 10.5 percentage points over the past year.
- Emera offers a meaningfully higher dividend yield (6.38% vs 4.75%).
About Emera
EMA stock →Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments.
Utilities · Electric Utilities: Central · 7,812 employees
About Fortis
FTS stock →Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
Utilities · Electric Utilities: Central · 9,900 employees
EMA vs FTS FAQ
Which is bigger, Emera or Fortis?
Fortis (FTS) is larger, with a market capitalization of $27.27B compared with $14.08B for Emera (EMA).
Which stock has performed better over the past year, EMA or FTS?
FTS returned +5.93% over the past 12 months, compared with -4.54% for EMA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EMA or FTS?
EMA has the lower trailing P/E at 20.0, versus 21.7 for FTS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Emera or Fortis?
Emera has the higher yield at 6.38%, compared with 4.75% for Fortis.
Are Emera and Fortis in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.