fortis inc. - FTS

FTS

Close Chg Chg %
51.89 -1.03 -1.99%

Open Market

50.86

-1.03 (1.99%)

Volume: 747.07K

Last Updated:

Jan 5, 2026, 1:49 PM EDT

Company Overview: fortis inc. - FTS

FTS Key Data

Open

$51.58

Day Range

50.68 - 51.58

52 Week Range

40.32 - 52.81

Market Cap

$26.23B

Shares Outstanding

505.40M

Public Float

504.24M

Beta

0.48

Rev. Per Employee

N/A

P/E Ratio

21.60

EPS

$2.40

Yield

342.74%

Dividend

$0.46

EX-DIVIDEND DATE

Feb 17, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

710.34K

 

FTS Performance

1 Week
 
-0.08%
 
1 Month
 
1.57%
 
3 Months
 
3.22%
 
1 Year
 
24.82%
 
5 Years
 
28.75%
 

FTS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 19
Full Ratings ➔

About fortis inc. - FTS

Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. It operates through the Regulated Utilities and Non-Regulated segments. The Regulated Utilities segment includes ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and Other Electric. The Non-Regulated segment focuses on energy infrastructure and corporate and other. The company was founded in 1885 and is headquartered in St. John's, Canada.

FTS At a Glance

Fortis, Inc.
Fortis Place
St. John's, Newfoundland and Labrador A1B 3T2
Phone 1-709-737-2800 Revenue 8.40B
Industry Electric Utilities Net Income 1.23B
Sector Utilities Employees 9,800
Fiscal Year-end 12 / 2025
View SEC Filings

FTS Valuation

P/E Current 21.599
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.544
Price to Sales Ratio 2.448
Price to Book Ratio 1.344
Price to Cash Flow Ratio 7.26
Enterprise Value to EBITDA 12.183
Enterprise Value to Sales 5.525
Total Debt to Enterprise Value 0.505

FTS Efficiency

Revenue/Employee 857,166.893
Income Per Employee 125,133.853
Receivables Turnover 7.239
Total Asset Turnover 0.163

FTS Liquidity

Current Ratio 0.629
Quick Ratio 0.515
Cash Ratio 0.036

FTS Profitability

Gross Margin 28.606
Operating Margin 28.606
Pretax Margin 18.891
Net Margin 14.599
Return on Assets 2.374
Return on Equity 7.463
Return on Total Capital 3.066
Return on Invested Capital 3.236

FTS Capital Structure

Total Debt to Total Equity 141.646
Total Debt to Total Capital 58.617
Total Debt to Total Assets 44.926
Long-Term Debt to Equity 142.502
Long-Term Debt to Total Capital 54.951
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Fortis Inc. - FTS

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
7.54B 8.48B 8.53B 8.40B
Sales Growth
+13.13% +12.56% +0.60% -1.56%
Cost of Goods Sold (COGS) incl D&A
5.57B 6.38B 6.25B 6.00B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.20B 1.28B 1.31B 1.41B
Depreciation
1.05B 1.12B 1.14B 1.24B
Amortization of Intangibles
108.48M 111.38M 111.14M 111.68M
COGS Growth
+16.17% +14.57% -2.03% -4.02%
Gross Income
1.97B 2.10B 2.28B 2.40B
Gross Income Growth
+5.32% +6.87% +8.57% +5.16%
Gross Profit Margin
+26.13% +24.81% +26.78% +28.61%
2021 2022 2023 2024 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
- - - -
-
Unusual Expense
- (23.93M) 26.88M (11.85M)
EBIT after Unusual Expense
1.99B 2.08B 2.30B 2.40B
Non Operating Income/Expense
108.48M 153.63M 203.75M 210.22M
Non-Operating Interest Income
3.99M 8.45M 56.31M 46.72M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
800.01M 846.49M 966.89M 1.03B
Interest Expense Growth
+2.98% +5.81% +14.22% +6.14%
Gross Interest Expense
831.12M 881.05M 1.01B 1.08B
Interest Capitalized
31.11M 34.57M 41.49M 54.02M
Pretax Income
1.30B 1.38B 1.53B 1.59B
Pretax Income Growth
+9.12% +6.39% +10.74% +3.47%
Pretax Margin
+17.27% +16.33% +17.97% +18.89%
Income Tax
186.64M 221.99M 266.73M 252.56M
Income Tax - Current - Domestic
67.00M 71.44M 52.60M 112.41M
Income Tax - Current - Foreign
2.39M 10.75M 12.60M 27.74M
Income Tax - Deferred - Domestic
(27.92M) (31.49M) 12.60M (63.51M)
Income Tax - Deferred - Foreign
145.17M 171.29M 188.93M 175.92M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.12B 1.16B 1.27B 1.33B
Minority Interest Expense
88.54M 92.18M 101.51M 108.03M
Net Income
1.03B 1.07B 1.17B 1.23B
Net Income Growth
+8.66% +3.75% +8.84% +5.22%
Net Margin Growth
+13.70% +12.62% +13.66% +14.60%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.03B 1.07B 1.17B 1.23B
Preferred Dividends
50.25M 49.16M 49.64M 54.02M
Net Income Available to Common
981.87M 1.02B 1.12B 1.17B
EPS (Basic)
2.0851 2.1346 2.2945 2.3683
EPS (Basic) Growth
+7.52% +2.37% +7.49% +3.22%
Basic Shares Outstanding
470.90M 478.60M 486.30M 495.00M
EPS (Diluted)
2.0829 2.1328 2.2936 2.3673
EPS (Diluted) Growth
+7.54% +2.40% +7.54% +3.21%
Diluted Shares Outstanding
471.40M 479.00M 486.50M 495.20M
EBITDA
3.17B 3.39B 3.60B 3.81B
EBITDA Growth
+8.02% +6.82% +6.28% +5.86%
EBITDA Margin
+42.06% +39.92% +42.17% +45.35%

Snapshot

Average Recommendation HOLD Average Target Price 52.843
Number of Ratings 19 Current Quarters Estimate 0.704
FY Report Date 03 / 2026 Current Year's Estimate 2.565
Last Quarter’s Earnings 0.601 Median PE on CY Estimate N/A
Year Ago Earnings 2.486 Next Fiscal Year Estimate 2.711
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 14 10
Mean Estimate 0.70 0.51 2.56 2.71
High Estimates 0.72 0.53 2.65 2.79
Low Estimate 0.68 0.48 2.52 2.64
Coefficient of Variance 4.17 6.83 1.65 1.74

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 4
OVERWEIGHT 1 1 1
HOLD 8 8 8
UNDERWEIGHT 2 2 3
SELL 3 3 3
MEAN Hold Hold Hold

Fortis Inc. in the News