Company Overview
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.
Why Investors Should Care
Operating margin of 28.3% supports profitability.
Offers a dividend yield of 3.40%.
Recent Developments
- Dec 2025 Revenue of $12.17B (+5.8% YoY); net profit $1.80B.
- Trailing 12 Months Year-on-year growth — revenue +4.1%, earnings +2.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 3.3%, profit CAGR 8.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 3.29% |
| 1 Year: | 4.10% |
Compounded Profit Growth
| 5 Years: | 8.87% |
| 1 Year: | 2.20% |
Stock Price Performance
| 1 Year: | +12.94% |
| 6 Months: | -2.29% |
| 3 Months: | +1.72% |
| 1 Month: | -0.13% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)48.98 · Neutral
P/E of 22.77 is above the sector median of 21.22 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 3.40%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | FTS Fortis Inc. | 55.57 | 22.77 | $28.39B | 3.40% | 5.19% | 7.47% | 3.29% | 8.87% |
| 2 | NEE NextEra Energy, Inc. SPXR3K | 83.83 | 18.84 | $174.84B | 3.07% | 4.36% | 11.68% | 4.12% | 8.76% |
| 3 | CEG Constellation Energy Corporation NDXSPXR3KAI | 299.05 | 29.23 | $105.96B | 0.57% | 6.26% | 15.06% | 5.18% | 31.53% |
| 4 | SO The Southern Company SPXR3K | 88.99 | 21.44 | $102.37B | 3.50% | 5.25% | 11.48% | 3.71% | 5.23% |
| 5 | DUK Duke Energy Corporation SPXR3K | 121.24 | 18.26 | $94.53B | 3.58% | 4.94% | 9.86% | 5.53% | 6.88% |
| 6 | AEP American Electric Power Company, Inc. NDXSPXR3K | 125.42 | 21.74 | $68.28B | 3.03% | 5.32% | 10.13% | 2.93% | 7.23% |
| 7 | D Dominion Energy, Inc. SPXR3K | 66.22 | 22.91 | $58.24B | 4.03% | 4.19% | 8.28% | 0.61% | 0.93% |
| 8 | SRE Sempra SPXR3K | 85.47 | 24.77 | $55.89B | 3.20% | 3.46% | 6.68% | 3.05% | 3.18% |
| 9 | ETR Entergy Corporation SPXR3K | 108.53 | 27.76 | $51.85B | 2.36% | 5.00% | 10.25% | 1.44% | 2.17% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 2.81B | 2.94B | 3.08B | 3.40B | 2.93B |
| Cost of Revenue | - | - | 714.00M | 759.00M | 858.00M | 1.07B | 719.00M |
| Gross Profit | - | - | 2.10B | 2.18B | 2.22B | 2.33B | 2.21B |
| Operating Expenses | - | - | 1.30B | 1.31B | 1.35B | 1.38B | 1.41B |
| Operating Income | - | - | 800.00M | 871.00M | 868.00M | 955.00M | 804.00M |
| EBITDA | - | - | 1.42B | 1.47B | 1.45B | 1.58B | 1.47B |
| Interest Expense | - | - | 369.00M | 370.00M | 369.00M | 372.00M | 387.00M |
| Pretax Income | - | - | 536.00M | 579.00M | 565.00M | 674.00M | 536.00M |
| Tax Provision | - | - | 92.00M | 105.00M | 80.00M | 112.00M | 76.00M |
| Net Income | - | - | 404.00M | 431.00M | 444.00M | 523.00M | 417.00M |
| Diluted EPS | - | 1.00 | 0.76 | 0.81 | - | 0.99 | 0.78 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 11.04B | 11.52B | 11.51B | 12.17B |
| Cost of Revenue | - | 3.95B | 3.77B | 3.25B | 3.37B |
| Gross Profit | - | 7.09B | 7.75B | 8.26B | 8.80B |
| Operating Expenses | - | 4.35B | 4.66B | 4.97B | 5.31B |
| Operating Income | - | 2.74B | 3.08B | 3.29B | 3.49B |
| EBITDA | - | 4.57B | 5.15B | 5.51B | 5.89B |
| Interest Expense | - | 1.10B | 1.30B | 1.41B | 1.48B |
| Pretax Income | - | 1.80B | 2.07B | 2.17B | 2.35B |
| Tax Provision | - | 289.00M | 360.00M | 346.00M | 393.00M |
| Net Income | - | 1.39B | 1.57B | 1.68B | 1.80B |
| Diluted EPS | - | 2.78 | 3.10 | 3.24 | 3.40 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 64.25B | 65.92B | 73.49B | 74.83B |
| Current Assets | - | 4.27B | 4.03B | 3.80B | 3.81B |
| Cash & Equivalents | - | 209.00M | 625.00M | 220.00M | 367.00M |
| Inventory | - | 661.00M | 566.00M | 685.00M | 649.00M |
| Receivables | - | 930.00M | 890.00M | 1.01B | 813.00M |
| Total Liabilities | - | 41.41B | 42.59B | 47.63B | 48.96B |
| Current Liabilities | - | 6.62B | 5.96B | 6.04B | 7.51B |
| Long Term Debt | - | 25.93B | 27.23B | 31.22B | 30.72B |
| Total Debt | - | 29.04B | 30.03B | 33.70B | 34.67B |
| Total Equity | - | 21.03B | 21.50B | 23.81B | 23.81B |
| Shares Outstanding | - | 482.15M | 490.59M | 499.30M | 507.34M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 3.07B | 3.54B | 3.88B | 4.06B |
| Investing Cash Flow | - | -4.06B | -3.74B | -5.39B | -5.36B |
| Financing Cash Flow | - | 1.03B | 613.00M | 1.06B | 1.46B |
| Capital Expenditure | - | -3.87B | -4.17B | -5.22B | -6.23B |
| Free Cash Flow | - | -791.00M | -624.00M | -1.34B | -2.17B |
| Net Change in Cash | - | 50.00M | 416.00M | -449.00M | 166.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 64.2% | 67.3% | 71.8% | 72.3% |
| Operating Margin % | - | 24.8% | 26.8% | 28.6% | 28.7% |
| Net Margin % | - | 12.6% | 13.7% | 14.6% | 14.8% |
| ROE % | - | 6.6% | 7.3% | 7.1% | 7.6% |
| ROCE % | - | 4.8% | 5.1% | 4.9% | 5.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Royal Bank of Canada | 6.74% | 34.64M | $1.87B |
| 2 | Bank of Montreal /CAN/ | 4.80% | 24.63M | $1.33B |
| 3 | FIL LTD | 3.45% | 17.72M | $958.86M |
| 4 | Vanguard Capital Management LLC | 3.00% | 15.39M | $832.58M |
| 5 | TD Asset Management, Inc | 1.90% | 9.74M | $526.86M |
| 6 | TD Waterhouse Canada Inc. | 1.84% | 9.44M | $510.49M |
| 7 | Scotia Capital Inc. | 1.80% | 9.24M | $499.62M |
| 8 | CIBC World Market, Inc. | 1.51% | 7.73M | $418.36M |
| 9 | Geode Capital Management, LLC | 1.43% | 7.37M | $398.74M |
| 10 | 1832 Asset Management L.P. | 1.43% | 7.34M | $397.26M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for FTS
Fortis (TSX:FTS) Stock Looks Cheap With A Mixed Valuation Read - finance.yahoo.com
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Fortis Inc. (TSX:FTS): Is This Dividend Stock Attractive? - Kalkine Media
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Fortis sets Sept. 1 dividends for common, preference shares - Stock Titan
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FORTIS INC - FTSCN 4.9 PERP (FTS-PR-F.CA) Stock Chart - ChartMill
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Could Fortis Inc. (TSX:FTS) Strengthen Dividend Stock Portfolios? - Kalkine Media
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Fortis (TSX:FTS) Stock Premium Faces Funding Strain Despite Regulated Growth - simplywall.st
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FTS — Frequently Asked Questions
What is the current share price of Fortis Inc. (FTS)?
As of 2026-09-19 21:16 PDT, Fortis Inc. (FTS) trades at $55.57 on NYSE. Its 52-week range is $47.64 to $58.36.
What is the market capitalisation of FTS?
Fortis Inc. (FTS) has a market capitalisation of $28.39B on NYSE.
What is the P/E ratio of FTS?
FTS trades at a trailing price-to-earnings (P/E) ratio of 22.77. The industry average P/E is 21.22. Its price-to-book (P/B) ratio is 1.62.
Does FTS pay a dividend?
Fortis Inc. (FTS) currently offers a dividend yield of 3.40%.
What is the return on equity (ROE) of FTS?
FTS has a return on equity (ROE) of 7.47%. Its return on capital employed (ROCE) is 5.19%.
Is FTS a good stock to buy?
This page provides a data-driven analysis of Fortis Inc. (FTS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.