fortis inc. - FTS

FTS

Close Chg Chg %
56.29 0.51 0.91%

Closed Market

56.80

+0.51 (0.91%)

Volume: 1.15M

Last Updated:

Apr 2, 2026, 3:59 PM EDT

Company Overview: fortis inc. - FTS

FTS Key Data

Open

$56.50

Day Range

56.24 - 57.05

52 Week Range

43.28 - 58.78

Market Cap

$28.83B

Shares Outstanding

507.40M

Public Float

506.24M

Beta

0.45

Rev. Per Employee

N/A

P/E Ratio

23.33

EPS

$2.43

Yield

319.81%

Dividend

$0.47

EX-DIVIDEND DATE

May 15, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

829.40K

 

FTS Performance

1 Week
 
2.07%
 
1 Month
 
-1.68%
 
3 Months
 
9.46%
 
1 Year
 
23.07%
 
5 Years
 
30.90%
 

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 8.71B
Industry Electric Utilities Net Income 1.29B
Sector Utilities 2025 Sales Growth 3.684%
Fiscal Year-end 12 / 2026 Employees 9,900
View SEC Filings

FTS Valuation

P/E Current 23.328
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.377
Price to Sales Ratio 3.011
Price to Book Ratio 1.632
Price to Cash Flow Ratio 9.02
Enterprise Value to EBITDA 13.585
Enterprise Value to Sales 6.194
Total Debt to Enterprise Value 0.469

FTS Efficiency

Revenue/Employee 879,770.263
Income Per Employee 130,049.852
Receivables Turnover 7.044
Total Asset Turnover 0.161

FTS Liquidity

Current Ratio 0.506
Quick Ratio 0.42
Cash Ratio 0.049

FTS Profitability

Gross Margin 28.694
Operating Margin 28.694
Pretax Margin 19.343
Net Margin 14.782
Return on Assets 2.385
Return on Equity 7.59
Return on Total Capital 3.017
Return on Invested Capital 3.276

FTS Capital Structure

Total Debt to Total Equity 145.712
Total Debt to Total Capital 59.302
Total Debt to Total Assets 45.364
Long-Term Debt to Equity 140.24
Long-Term Debt to Total Capital 53.184
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Fortis Inc. - FTS

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
8.48B 8.53B 8.40B 8.71B
Sales Growth
+12.56% +0.60% -1.56% +3.68%
Cost of Goods Sold (COGS) incl D&A
6.38B 6.25B 6.00B 6.21B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.28B 1.31B 1.41B 1.47B
Depreciation
1.12B 1.14B 1.24B 1.30B
Amortization of Intangibles
111.38M 111.14M 111.68M 114.51M
COGS Growth
+14.57% -2.03% -4.02% +3.56%
Gross Income
2.10B 2.28B 2.40B 2.50B
Gross Income Growth
+6.87% +8.57% +5.16% +4.00%
Gross Profit Margin
+24.81% +26.78% +28.61% +28.69%
2022 2023 2024 2025 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
- - - -
-
Unusual Expense
- 26.88M (11.85M) (32.92M)
EBIT after Unusual Expense
2.08B 2.30B 2.40B 2.53B
Non Operating Income/Expense
153.63M 203.75M 210.22M 210.41M
Non-Operating Interest Income
8.45M 56.31M 46.72M 30.77M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
846.49M 966.89M 1.03B 1.06B
Interest Expense Growth
+5.81% +14.22% +6.14% +3.07%
Gross Interest Expense
881.05M 1.01B 1.08B 1.13B
Interest Capitalized
34.57M 41.49M 54.02M 68.70M
Pretax Income
1.38B 1.53B 1.59B 1.68B
Pretax Income Growth
+6.39% +10.74% +3.47% +6.16%
Pretax Margin
+16.33% +17.97% +18.89% +19.34%
Income Tax
221.99M 266.73M 252.56M 281.26M
Income Tax - Current - Domestic
71.44M 52.60M 112.41M 73.00M
Income Tax - Current - Foreign
10.75M 12.60M 27.74M 27.91M
Income Tax - Deferred - Domestic
(31.49M) 12.60M (63.51M) (16.46M)
Income Tax - Deferred - Foreign
171.29M 188.93M 175.92M 196.81M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.16B 1.27B 1.33B 1.40B
Minority Interest Expense
92.18M 101.51M 108.03M 115.94M
Net Income
1.07B 1.17B 1.23B 1.29B
Net Income Growth
+3.75% +8.84% +5.22% +4.99%
Net Margin Growth
+12.62% +13.66% +14.60% +14.78%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.07B 1.17B 1.23B 1.29B
Preferred Dividends
49.16M 49.64M 54.02M 60.83M
Net Income Available to Common
1.02B 1.12B 1.17B 1.23B
EPS (Basic)
2.1346 2.2945 2.3683 2.4363
EPS (Basic) Growth
+2.37% +7.49% +3.22% +2.87%
Basic Shares Outstanding
478.60M 486.30M 495.00M 503.50M
EPS (Diluted)
2.1328 2.2936 2.3673 2.4353
EPS (Diluted) Growth
+2.40% +7.54% +3.21% +2.87%
Diluted Shares Outstanding
479.00M 486.50M 495.20M 503.70M
EBITDA
3.39B 3.60B 3.81B 3.97B
EBITDA Growth
+6.82% +6.28% +5.86% +4.24%
EBITDA Margin
+39.92% +42.17% +45.35% +45.60%

Snapshot

Average Recommendation HOLD Average Target Price 55.966
Number of Ratings 19 Current Quarters Estimate 0.558
FY Report Date 06 / 2026 Current Year's Estimate 2.649
Last Quarter’s Earnings 0.736 Median PE on CY Estimate N/A
Year Ago Earnings 2.596 Next Fiscal Year Estimate 2.808
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 14 13
Mean Estimate 0.56 0.66 2.65 2.81
High Estimates 0.58 0.68 2.73 2.89
Low Estimate 0.52 0.63 2.59 2.74
Coefficient of Variance 3.58 2.30 1.49 1.42

Analysts Recommendations

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

Fortis Inc. in the News