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Canadian utilities

The 4 companies in this industry listed on the NYSE and Nasdaq are worth $50 bn combined; the largest are Fortis Inc. (FTS), EMERA INC (EMA) and Algonquin Power & Utilities (AQN). For each one: what it does, revenue, margin, free cash flow over the last five years and a score from 0 to 10.

Data as of October 2026

Comfortable leader
4 companies value 50 bn revenue 19 bn margin 11.5% free cash flow -2.3 bn avg. score 1.4
FTS holds 56.0% of the group's value, 2.0x the runner-up
Rank Ticker Company Share Value Revenue Margin FCF 5 years FCF/px Yield What it does · why it is here
1 FTS Fortis Inc.
Canada · score 0.6
56% 28 bn 8.8 bn 16.0% -1.3 bn -4.6% 2.1% Electric and gas utilities in Canada, the US and the Caribbean · Regulated utility in Canada, the US and the Caribbean; 50 years of rising dividends
2 EMA EMERA INC
Canada · score 0.6
28% 14 bn 6.3 bn 12.4% -1.2 bn -8.8% 2.9% Regulated electric and gas utilities in Canada and the Caribbean · Canada — revenue of $6.2bn
3 AQN Algonquin Power & Utilities
Canada · score 1.2
8% 4.0 bn 2.5 bn 5.9% -0.1 bn -1.5% 5.1% Regulated generation, distribution and transmission in Canada and the US · Regulated water and power utility with assets in the US and Canada
4 TAC TRANSALTA CORP
Canada · score 3.2
8% 3.9 bn 1.7 bn -6.6% 0.3 bn 7.3% 1.0% Power generation in Canada and the United States · Canada — revenue of $1.7bn

Other industries in the same sector

What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.

The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.

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