Emera Incorporated EMA.TO TSX

Emera Incorporated (EMA.TO) generated $212M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $966M, free cash flow was $-754M.

Free cash flow margin was -49% of revenue. Cash conversion ratio was 2.44x, indicating earnings are backed by cash.

The company returned $134M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (44/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (55/100) — Cash conversion ratio was 2.44x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 54/100 with 3/7 criteria passed.