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Fortis Inc

Utilities CA FTS

76.01CAD
0.29(0.38%)

Last update at 2026-06-03T20:00:00Z

Day Range

75.8377.00
LowHigh

52 Week Range

61.8480.69
LowHigh

Fundamentals

  • Previous Close 75.72
  • Market Cap38918.13M
  • Volume1957954
  • P/E Ratio22.48
  • Dividend Yield3.23%
  • EBITDA5629.00M
  • Revenue TTM12170.00M
  • Revenue Per Share TTM24.17
  • Gross Profit TTM 5549.00M
  • Diluted EPS TTM3.40

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 2354.00M 2174.00M 2070.00M 1803.00M 1639.00M
Minority interest -162.00000M -148.00000M -137.00000M -120.00000M -111.00000M
Net income 1799.00M 1680.00M 1573.00M 1394.00M 1294.00M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 8799.00M 5219.00M 4857.00M 7091.00M 6497.00M
Reconciled depreciation 2057.00M 1927.00M 1773.00M 1668.00M 1505.00M
Ebit 3832.00M 3365.00M 3146.00M 2740.00M 2469.00M
Ebitda 5889.00M 5292.00M 4919.00M 4608.00M 4117.00M
Depreciation and amortization 2057.00M 1927.00M 1773.00M 1868.00M 1648.00M
Non operating income net other - - - - -
Operating income 3492.00M 3292.00M 3084.00M 2740.00M 2469.00M
Other operating expenses 8678.00M 8216.00M 8433.00M 8303.00M 6979.00M
Interest expense 1478.00M 1406.00M 1305.00M 1102.00M 1003.00M
Tax provision 393.00M 346.00M 360.00M 289.00M 234.00M
Interest income 1361.00M 1338.00M 76.00M 1108.00M 5.00M
Net interest income -1435.00000M -1342.00000M -1229.00000M -1091.00000M -998.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 393.00M 346.00M 360.00M 289.00M 234.00M
Total revenue 12170.00M 11508.00M 11517.00M 11043.00M 9448.00M
Total operating expenses 5307.00M 1927.00M 1773.00M 4351.00M 4028.00M
Cost of revenue 3371.00M 6289.00M 6660.00M 3952.00M 2951.00M
Total other income expense net -1138.00000M -1118.00000M -1014.00000M -937.00000M -830.00000M
Discontinued operations - - - - -
Net income from continuing ops 1961.00M 1828.00M 1710.00M 1514.00M 1405.00M
Net income applicable to common shares 1714.00M 1606.00M 1506.00M 1330.00M 1231.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 74830.00M 73486.00M 65920.00M 64252.00M 57659.00M
Intangible assets 1723.00M 1661.00M 1510.00M 1548.00M 1343.00M
Earning assets - - - - -
Other current assets 1296.00M 1040.00M 1057.00M 1494.00M 734.00M
Total liab 48961.00M 47633.00M 42588.00M 41410.00M 36743.00M
Total stockholder equity 23810.00M 23808.00M 21505.00M 21030.00M 19288.00M
Deferred long term liab - - - 3095.00M 3097.00M
Other current liab 2046.00M 991.00M 2296.00M 2596.00M 1931.00M
Common stock 16112.00M - 15108.00M 14656.00M 14237.00M
Capital stock 17735.00M 17212.00M 16731.00M 16279.00M 15860.00M
Retained earnings 4969.00M 4521.00M 4112.00M 3733.00M 3458.00M
Other liab - - - 8492.00M 7869.00M
Good will 12527.00M 13112.00M 12184.00M 12464.00M 11720.00M
Other assets 5143.00M - - 4018.00M 3834.00M
Cash 367.00M 220.00M 625.00M 209.00M 131.00M
Cash and equivalents 367.00M - - 209.00M 131.00M
Total current liabilities 7513.00M 6036.00M 5964.00M 6617.00M 4802.00M
Current deferred revenue 516.00M - 263.00M 401.00M 222.00M
Net debt 34306.00M 33092.00M 29403.00M 28826.00M 25816.00M
Short term debt 3558.00M - 2415.00M 2734.00M 1875.00M
Short long term debt 3558.00M 2088.00M 2415.00M 2734.00M 1875.00M
Short long term debt total 34673.00M - 30028.00M 29035.00M 25947.00M
Other stockholder equity 5.00M - 9.00M 10.00M 10.00M
Property plant equipment 205.00M - - 175.00M 37856.00M
Total current assets 3805.00M 3796.00M 4025.00M 4269.00M 2728.00M
Long term investments 461.00M 484.00M 370.00M 316.00M 178.00M
Net tangible assets - - - 5395.00M 4602.00M
Short term investments - - - - -
Net receivables 1493.00M 1009.00M 1627.00M 1759.00M 1269.00M
Long term debt 30723.00M 31224.00M 27235.00M 25931.00M 23707.00M
Inventory 649.00M 685.00M 566.00M 661.00M 478.00M
Accounts payable 1148.00M 1121.00M 990.00M 886.00M 774.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1101.00M - 653.00M 1008.00M -40.00000M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 5368.00M 350.00M 340.00M 3949.00M 3834.00M
Deferred long term asset charges - - - - -
Non current assets total 71025.00M 69690.00M 61895.00M 59983.00M 54931.00M
Capital lease obligations 392.00M 390.00M 378.00M 370.00M 365.00M
Long term debt total 31071.00M - - 26267.00M 24040.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -5395.00000M -4146.00000M -4059.00000M -3488.00000M
Change to liabilities - - - 449.00M 164.00M
Total cashflows from investing activities -5357.00000M -5395.00000M -3742.00000M -4059.00000M -3488.00000M
Net borrowings 2313.00M 1944.00M 1415.00M 1790.00M 1138.00M
Total cash from financing activities 1461.00M 1064.00M 613.00M 1035.00M 451.00M
Change to operating activities - - - -134.00000M -164.00000M
Net income 1961.00M 1680.00M 1573.00M 1514.00M 1405.00M
Change in cash 147.00M -405.00000M 416.00M 78.00M -118.00000M
Begin period cash flow 220.00M 625.00M 209.00M 131.00M 249.00M
End period cash flow 367.00M 220.00M 625.00M 209.00M 131.00M
Total cash from operating activities 4062.00M 3882.00M 3545.00M 3074.00M 2907.00M
Issuance of capital stock 60.00M 46.00M 41.00M 53.00M 60.00M
Depreciation 2057.00M 1927.00M 1773.00M 1668.00M 1505.00M
Other cashflows from investing activities 133.00M -177.00000M -27.00000M -194.00000M -102.00000M
Dividends paid 873.00M -818.00000M -768.00000M 737.00M 671.00M
Change to inventory -45.00000M -73.00000M -1.00000M -153.00000M -56.00000M
Change to account receivables -52.00000M -2.00000M 142.00M -479.00000M -88.00000M
Sale purchase of stock 60.00M 46.00M 43.00M 53.00M 60.00M
Other cashflows from financing activities -39.00000M -108.00000M -77.00000M 9626.00M 6445.00M
Change to netincome - - - 329.00M 252.00M
Capital expenditures 6234.00M 5218.00M 4169.00M 3865.00M 3386.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -203.00000M 168.00M -81.00000M -479.00000M -144.00000M
Stock based compensation - - 66.00M - -
Other non cash items -68.00000M -47.00000M 8.00M 189.00M -6.00000M
Free cash flow -2172.00000M -1336.00000M -624.00000M -791.00000M -479.00000M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FTS
Fortis Inc		 0.29 0.38% 76.01 22.48 21.19 3.20 1.77 6.17 12.75
H
Hydro One Ltd		 -0.27 0.48% 55.58 26.12 25.77 3.81 2.77 5.93 16.72
FTS-PI
Fortis Inc Pref I		 - -% 20.12 6.08 - 2.43 -
FTS-PM
Fortis Inc Pref M		 -0.05 0.20% 25.15 7.08 - 2.16 -
FTS-PH
Fortis Inc Pref H		 0.01 0.05% 21.01 5.24 - 2.10 -

Reports Covered

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Profile

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Fortis Inc

Fortis Place, St. John's, NF, Canada, A1B 3T2

Key Executives

Name Title Year Born
Mr. David Gerard Hutchens Pres, CEO & Director 1967
Ms. Jocelyn H. Perry Exec. VP & CFO 1971
Mr. James R. Reid Exec. VP of Sustainability & Chief Legal Officer NA
Mr. Gary J. Smith Exec. VP of Operations & Innovation 1962
Mr. Kevin D. Woodbury VP of Innovation & Technology NA
Mr. Ronald J. Hinsley Chief Information Officer & VP NA
Ms. Stephanie A. Amaimo VP of Investor Relations NA
Ms. Karen M. McCarthy BPR, M.Ed VP of Communications & Corp. Affairs NA
Mr. Regan P. O'Dea VP & Gen. Counsel NA
Ms. Susan M. Gray Exec. VP of Western Utility Operations 1973

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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