FTS
UtilitiesFortis Inc.
$51.17
$-0.73 (-1.41%)
Jan 5, 2026
Price History (1Y)
Analysis
Fortis Inc. is a utility company operating in the regulated electric industry within the utilities sector. The company has a significant scale with a market capitalization of $25.86 billion and annual revenue of $12.04 billion. It employs approximately 9,600 people. From a financial health perspective, Fortis Inc. exhibits moderate profitability metrics, with gross margin at 46.0%, operating margin at 30.3%, and profit margin at 14.7%. The company's returns on equity (ROE) and assets (ROA) are relatively low, at 7.6% and 3.1%, respectively. Its balance sheet shows a debt-to-equity ratio of 131.10, indicating significant leverage. Additionally, the current ratio is 0.66. In terms of valuation context, Fortis Inc.'s price-to-earnings (P/E) ratio is 21.14, with a forward P/E of 19.90. The company has experienced revenue growth of 6.0% year-over-year and earnings growth of -4.3%. The dividend yield stands at 349.0%, while the payout ratio is 73.2%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Fortis Inc.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company 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 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 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 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos. 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 Saint John's, Canada.
Visit website →Key Statistics
- Market Cap
- $25.86B
- P/E Ratio
- 21.14
- 52-Week High
- $52.83
- 52-Week Low
- $40.32
- Avg Volume
- 736.28K
- Beta
- 0.40
- Dividend Yield
- 349.00%
Company Info
- Industry
- Utilities - Regulated Electric
- Exchange
- NYQ
- Country
- Canada
- Employees
- 9,600