Emera EMA
NYSE EMA
$51.44 -0.33 (-0.65%)
As of: Aug 21, 2026 · 10:25 AM EDT

Emera (EMA) Operating Expenses (2009 - 2025)

Emera (EMA) posted quarterly Operating Expenses of $1.6 billion for Q3 2025, up 2.52% year-over-year from $1.6 billion in Q3 2024, and down 3.96% quarter-over-quarter from $1.7 billion in Q2 2025.

Emera (EMA) Operating Expenses (2009 - 2025) Analysis & Trends

Emera (EMA) has reported Operating Expenses for 15 consecutive years, with $1.6 billion the latest figure, recorded in Q3 2025.

  • In Q3 2025, Operating Expenses rose 2.52% year-over-year to $1.6 billion; the TTM figure through Dec 2025 stood at $5.1 billion (down 17.16% YoY), while the FY2025 annual figure was $4.9 billion, up 9.1% from the prior year.
  • Operating Expenses slipped to $1.6 billion in Q3 2025 per EMA's latest filing, from $1.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.8 billion in Q1 2025 and bottomed at $928.4 million in Q1 2021.
  • Historically, Operating Expenses has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 56.8% — and 2023, when it retreated 6.77%.
  • Emera's Operating Expenses stood at $1.1 billion in 2021, then jumped by 39.48% to $1.5 billion in 2022, then slipped by 1.94% to $1.5 billion in 2023, then gained by 3.89% to $1.5 billion in 2024, then grew by 6.69% to $1.6 billion in 2025.
  • Business Quant data shows EMA's Operating Expenses at $1.6 billion in Q3 2025, $1.7 billion in Q2 2025, and $1.8 billion in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 National Grid 79.75 Bn 75.94 Bn - -
2 Dominion Energy 59.41 Bn 58.63 Bn 3.50 Bn 4.15 Bn
3 Xcel Energy 48.77 Bn 46.76 Bn 3.12 Bn 2.41 Bn
4 Wec Energy 35.30 Bn 35.25 Bn 1.45 Bn 1.63 Bn
5 Ameren 30.01 Bn 30.00 Bn - 1.63 Bn
6 Fortis 28.55 Bn 28.55 Bn 1.60 Bn 1.54 Bn
7 Edison International 28.13 Bn 27.89 Bn 3.29 Bn 3.27 Bn
8 Firstenergy 27.01 Bn 26.82 Bn 2.51 Bn 3.00 Bn
9 Hydro One 24.05 Bn 23.66 Bn - -
10 Emera 15.40 Bn 14.70 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 1.63 Bn
Jun 30, 2025 1.69 Bn
Mar 31, 2025 1.75 Bn
Dec 31, 2024 1.52 Bn
Sep 30, 2024 1.59 Bn
Jun 30, 2024 1.43 Bn
Mar 31, 2024 1.58 Bn
Dec 31, 2023 1.47 Bn
Sep 30, 2023 1.47 Bn
Jun 30, 2023 1.30 Bn
Mar 31, 2023 1.54 Bn
Sep 30, 2022 1.50 Bn
Jun 30, 2022 1.39 Bn
Mar 31, 2022 1.44 Bn
Dec 31, 2021 1.07 Bn
Sep 30, 2021 954.09 Mn
Jun 30, 2021 1.11 Bn
Mar 31, 2021 928.37 Mn
Dec 31, 2020 880.58 Mn
Sep 30, 2020 742.92 Mn