Fortis Inc. (NYSE: FTS) is a Utilities company in the Regulated Electric industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 24.60 | EPS (ttm) | 2.30 | Insider Own | 0.00% | Shs Outstand | 509.13M | Perf Week | -3.02% |
| Market Cap | 28.81B | Forward P/E | 20.33 | EPS next Y | 2.78 | Insider Trans | 3.78% | Shs Float | 507.80M | Perf Month | -0.56% |
| Enterprise Value | 31.20B | PEG | 3.95 | EPS next Q | 0.45 | Inst Own | - | Short Float | 2.18% | Perf Quarter | -0.54% |
| Income | 1.31B | P/S | 3.22 | EPS this Y | 13.11% | Inst Trans | - | Short Ratio | 15.83 | Perf Half Y | 7.34% |
| Sales | 8.94B | P/B | 1.49 | EPS next Y | 6.97% | ROA | 2.30% | Short Interest | 11.07M | Perf YTD | 8.93% |
| Book/sh | 37.95 | P/C | 106.69 | EPS next 5Y | 6.22% | ROE | 7.43% | 52W High | 59.40 -4.75% | Perf Year | 13.41% |
| Cash/sh | 0.53 | P/FCF | - | EPS past 3/5Y | 4.43% 4.19% | ROIC | 3.91% | 52W Low | 48.64 16.32% | Perf 3Y | 33.51% |
| Dividend Est. | 1.82 (3.23%) | EV/EBITDA | 8.14 | Sales past 3/5Y | 0.86% 5.53% | Gross Margin | 28.19% | Volatility | 1.67% 1.37% | Perf 5Y | 26.80% |
| Dividend TTM | 1.83 (3.24%) | EV/Sales | 3.49 | EPS Y/Y TTM | -2.77% | Oper. Margin | 28.19% | ATR (14) | 0.88 | Perf 10Y | 72.39% |
| Dividend Ex-Date | Aug 19, 2026 | Quick Ratio | 0.47 | Sales Y/Y TTM | 6.43% | Profit Margin | 14.72% | RSI (14) | 41.78 | Recom | 2.77 |
| Dividend Gr. 3/5Y | 2.01% 4.14% | Current Ratio | 0.56 | EPS Q/Q | 1.82% | SMA20 | -2.09% | Beta | 0.40 | Target Price | 60.00 |
| Payout | 50.25% | Debt/Eq | 1.34 | Sales Q/Q | 4.18% | SMA50 | -0.71% | Rel Volume | 1.23 | Prev Close | 56.53 |
| Employees | 9,900 | LT Debt/Eq | 1.20 | Earnings | Nov 03 | SMA200 | 3.27% | Avg Volume | 744.14K | Price | 56.58 |
| IPO Date | Jan 05, 2010 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 1.75% -11.54% | Net Debt/EBITDA | 0.62 | Volume | 915,797 | Change | 0.09% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Aug-03-26 | Reiterated | Barclays | Overweight | $61 → $60 |
| May-08-26 | Reiterated | Barclays | Overweight | $62 → $61 |
| Apr-28-26 | Initiated | Barclays | Overweight | $62 |
| Oct-19-22 | Upgrade | Raymond James | Market Perform → Outperform | |
| Jul-27-22 | Downgrade | Edward Jones | Buy → Hold | |
| Jan-19-22 | Reiterated | J.P. Morgan | $59 | |
| Jan-07-22 | Downgrade | Scotiabank | Sector Outperform → Sector Perform | |
| Oct-19-21 | Downgrade | Wolfe Research | Peer Perform → Underperform | |
| Aug-18-21 | Reiterated | Industrial Alliance Securities | $61 | |
| Aug-17-21 | Reiterated | Wells Fargo | Overweight | $61 |
Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possesses 65 MW of power generation from its own gas-fired and hydroelectric plants. Regarding its natural gas operations, Fortis serves approximately 1,065,000 residential, commercial, and industrial clients in British Columbia, Canada. In other Canadian territories, Fortis manages the electricity distribution network for approximately 577,000 customers across southern and central Alberta, and operates four hydroelectric facilities with a combined output of 225 MW. Additionally, it provides operational, maintenance, and management expertise for five other hydroelectric generating stations. The utility also ensures electricity supply to the island portion of Newfoundland and Labrador, featuring an installed generating capacity of 143 MW, and to Prince Edward Island, which has a capacity of 130 MW. Its integrated electric utility services extend to about 68,000 customers in Ontario, approximately 272,000 in Newfoundland and Labrador, around 32,000 on Grand Cayman in the Cayman Islands, and roughly 16,000 on select islands within Turks and Caicos. Internationally, Fortis holds long-term contracts for generation assets in Belize, comprising three hydroelectric plants totaling 51 MW, and owns the Aitken Creek natural gas storage facility. Its extensive infrastructure includes approximately 90,200 circuit kilometers (km) of electricity distribution lines and about 50,500 km of natural gas pipelines. Fortis Inc. was established in 1885 and maintains its corporate headquarters in St. John's, Canada.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 8,942 | 8,710 | 8,402 | 8,536 | 8,488 | 7,545 | 6,656 | 6,620 | 6,472 | |
| Cost of Goods Sold Incl. D&A | 3,485 | 2,413 | 2,372 | 2,795 | 3,038 | 2,356 | 1,909 | 1,899 | 3,689 | |
| Gross Profit | 5,457 | 6,297 | 6,030 | 5,741 | 5,450 | 5,188 | 4,748 | 4,720 | 2,783 | |
| Selling, General and Administrative Excl. Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 2,925 | 3,798 | 3,626 | 3,455 | 3,344 | 3,216 | 2,879 | 2,431 | 2,722 | |
| Operating Income | 2,533 | 2,499 | 2,403 | 2,286 | 2,106 | 1,972 | 1,868 | 2,290 | 1,824 | |
| Interest Expense | 1,085 | 1,058 | 1,026 | 967 | 847 | 801 | 776 | 780 | 751 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 256 | 243 | 210 | 216 | 127 | 138 | 115 | 104 | 46 | |
| Net Income Before Taxes | 1,704 | 1,685 | 1,587 | 1,534 | 1,386 | 1,309 | 1,207 | 1,614 | 1,119 | |
| Income Taxes | 270 | 281 | 253 | 267 | 222 | 187 | 172 | 218 | 127 | |
| Consolidated Net Income | 1,314 | 1,288 | 1,227 | 1,166 | 1,071 | 1,033 | 949 | 1,298 | 899 | |
| Net Income From Continuing Operations | 1,434 | 1,403 | 1,335 | 1,267 | 1,164 | 1,122 | 1,035 | 1,396 | 992 | |
| Net Income | 1,314 | 1,288 | 1,227 | 1,166 | 1,071 | 1,033 | 949 | 1,298 | 899 | |
| EPS (Recurring) | 2.30 | 2.43 | 2.37 | 2.30 | 2.14 | 2.08 | 1.92 | 2.66 | 2.12 | |
| EPS (Basic, Before Extraordinaries) | 2.30 | 2.43 | 2.37 | 2.30 | 2.14 | 2.08 | 1.92 | 2.66 | 2.12 | |
| EPS (Diluted) | 2.30 | 2.43 | 2.37 | 2.30 | 2.14 | 2.08 | 1.98 | 2.74 | 2.11 | |
| EBITDA | 3,834 | 4,215 | 4,020 | 3,815 | 3,515 | 3,312 | 3,047 | 3,411 | 2,830 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 24.60 | 21.34 | 17.57 | 17.90 | 18.74 | 23.16 | 20.60 | 15.13 | 15.78 | |
| Price To Sales Ratio | 3.23 | 3.15 | 2.45 | 2.34 | 2.26 | 3.01 | 2.88 | 2.94 | 2.32 | |
| Gross Margin | 61.03 | 72.30 | 71.77 | 67.26 | 64.21 | 68.76 | 71.33 | 71.30 | 43.00 | |
| Operating Margin | 28.33 | 28.69 | 28.60 | 26.78 | 24.81 | 26.14 | 28.06 | 34.59 | 28.18 | |
| Net Margin | 14.69 | 14.79 | 14.60 | 13.66 | 12.62 | 13.69 | 14.26 | 19.61 | 13.89 | |
| Shares Outstanding | 510 | 529 | 495 | 486 | 479 | 471 | 469 | 469 | 450 | |
| Market Capitalization | 28,856 | 27,476 | 20,577 | 19,989 | 19,179 | 22,735 | 19,145 | 19,473 | 15,012 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| O'Dea Regan Patrick | VP, General Counsel | Mar 02 '26 | Buy | 78.04 | 578 | 45,100 | 15,293 | Mar 04 |