Emera Incorporated (EMA) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.20x

Emera Incorporated (EMA) has a Cash Flow Reinvestment Rate of 1.20x as of March 2026, reinvesting $631.93 Million (capex $631.93 Million ) from operating cash flow of $528.41 Million. See EMA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.20x
(Capex + Investments) / Operating CF

Total Reinvested

$631.93 Million
Capex + Investments

Operating Cash Flow

$528.41 Million
USD

Capital Expenditures

$631.93 Million
USD

Emera Incorporated Cash Flow Reinvestment Rate (1999–2025)

Historical reinvestment intensity for Emera Incorporated across 27 annual periods. For the full cash flow conversion analysis, see EMA cash flow metrics.

Annual Cash Flow Reinvestment Rate for Emera Incorporated (1999–2025)

Year-by-year capital reinvestment analysis for Emera Incorporated. See EMA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.96x $3.53 Billion $1.80 Billion $3.53 Billion ▼ -3.4%
2024 2.03x $5.37 Billion $2.65 Billion $3.15 Billion ▼ -22.3%
2023 2.61x $5.85 Billion $2.24 Billion $2.94 Billion ▼ -53.8%
2022 5.66x $5.17 Billion $913.00 Million $2.60 Billion ▲ +42.9%
2021 3.96x $4.69 Billion $1.19 Billion $2.36 Billion ▲ +147.1%
2020 1.60x $2.62 Billion $1.64 Billion $2.62 Billion ▼ -2.1%
2019 1.64x $2.50 Billion $1.52 Billion $2.50 Billion ▲ +27.9%
2018 1.28x $2.16 Billion $1.69 Billion $2.16 Billion ▼ -0.2%
2017 1.28x $1.53 Billion $1.19 Billion $1.53 Billion ▲ +30.9%
2016 0.98x $1.03 Billion $1.05 Billion $1.03 Billion ▲ +54.5%
2015 0.63x $427.20 Million $674.20 Million $427.20 Million ▲ +12.6%
2014 0.56x $429.10 Million $762.50 Million $429.10 Million ▲ +0.1%
2013 0.56x $317.20 Million $564.20 Million $317.20 Million ▼ -48.4%
2012 1.09x $433.60 Million $397.60 Million $433.60 Million ▼ -7.7%
2011 1.18x $472.10 Million $399.50 Million $472.10 Million ▼ -9.1%
2010 1.30x $541.40 Million $416.40 Million $541.40 Million ▲ +16.1%
2009 1.12x $339.10 Million $302.80 Million $339.10 Million ▼ -51.3%
2008 2.30x $545.80 Million $237.20 Million $545.80 Million ▲ +221.4%
2007 0.72x $251.60 Million $351.40 Million $251.60 Million ▲ +27.8%
2006 0.56x $193.70 Million $345.80 Million $193.70 Million ▼ -28.8%
2005 0.79x $129.30 Million $164.30 Million $129.30 Million ▲ +57.8%
2004 0.50x $151.60 Million $304.00 Million $151.60 Million ▼ -1.5%
2003 0.51x $121.20 Million $239.50 Million $121.20 Million ▲ +18.8%
2002 0.43x $109.90 Million $257.90 Million $109.90 Million ▼ -67.7%
2001 1.32x $191.50 Million $145.10 Million $191.50 Million ▲ +136.5%
2000 0.56x $122.60 Million $219.70 Million $122.60 Million ▲ +0.8%
1999 0.55x $123.80 Million $223.70 Million $123.80 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow