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| Date | Value |
|---|---|
| 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 |