Emera (EMA) vs TXNM Energy (TXNM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TXNM Energy (TXNM) has outperformed Emera (EMA) over the past year, gaining 3.1% versus a loss of 4.5%. Over five years, TXNM leads with a +17.9% price change compared with -3.2% for EMA. Emera is the larger company by market cap ($14.08 billion vs $6.45 billion), about 2.2 times the size.
On valuation, Emera trades at a lower forward P/E (17.7x vs 18.0x for TXNM Energy). Emera offers the higher dividend yield (6.38% vs 2.86%).
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 | TXNM |
|---|---|---|
| Share price | $45.85 | $58.58 |
| Market cap | $14.08B | $6.45B |
| 1-day change | +0.09% | +0.12% |
| YTD return | -6.88% | -0.51% |
| 1-year return | -4.54% | +3.10% |
| 5-year return | -3.17% | +17.92% |
| P/E ratio (TTM) | 20.02 | 33.67 |
| Forward P/E | 17.72 | 18.02 |
| EPS (TTM) | $2.29 | $1.74 |
| Dividend yield | 6.38% | 2.86% |
| Annual dividend | $2.92 | $1.68 |
| Revenue (latest FY) | — | $2.17B |
| Revenue growth (YoY) | — | +9.86% |
| Net income (latest FY) | — | $169.83M |
| Operating margin | — | 20.37% |
| Net margin | — | 7.84% |
| 52-week high | $55.49 | $59.53 |
| 52-week low | $45.40 | $55.64 |
| Distance from 52-week high | -17.37% | -1.60% |
| Analyst consensus | hold | none |
| Avg. price target upside | +15.59% | +3.62% |
| Average volume | 531.06K | 1.24M |
| Shares outstanding | 307.15M | 110.13M |
| Employees | 7,812 | 1,755 |
| 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
- Emera is about 2.2 times larger than TXNM Energy by market value ($14.08B vs $6.45B).
- TXNM Energy trades at a higher earnings multiple (33.7x vs 20.0x trailing P/E).
- Emera offers a meaningfully higher dividend yield (6.38% vs 2.86%).
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 TXNM Energy
TXNM stock →TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
Utilities · Electric Utilities: Central · 1,755 employees
EMA vs TXNM FAQ
Which is bigger, Emera or TXNM Energy?
Emera (EMA) is larger, with a market capitalization of $14.08B compared with $6.45B for TXNM Energy (TXNM).
Which stock has performed better over the past year, EMA or TXNM?
TXNM returned +3.10% 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 TXNM?
EMA has the lower trailing P/E at 20.0, versus 33.7 for TXNM. 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 TXNM Energy?
Emera has the higher yield at 6.38%, compared with 2.86% for TXNM Energy.
Are Emera and TXNM Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.