Fortis/$FTS
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About Fortis
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Ticker
$FTS
Sector
Primary listing
NYSE
Industry
Electric Utilities
Headquarters
Saint John's, Canada
Employees
9,800
ISIN
CA3495531079
Website
Fortis Metrics
BasicAdvanced
$24B
19.57
$2.42
0.35
$1.74
3.71%
Price and volume
Market cap
$24B
Beta
0.35
52-week high
$50.06
52-week low
$38.15
Average daily volume
565K
Dividend rate
$1.74
Financial strength
Current ratio
0.759
Quick ratio
0.447
Long term debt to equity
125.629
Total debt to equity
131.352
Dividend payout ratio (TTM)
48.40%
Interest coverage (TTM)
2.27%
Profitability
EBITDA (TTM)
3,957.632
Gross margin (TTM)
45.57%
Net profit margin (TTM)
14.69%
Operating margin (TTM)
29.36%
Effective tax rate (TTM)
16.15%
Revenue per employee (TTM)
$876,550
Management effectiveness
Return on assets (TTM)
3.02%
Return on equity (TTM)
7.46%
Valuation
Price to earnings (TTM)
19.571
Price to revenue (TTM)
2.747
Price to book
1.44
Price to tangible book (TTM)
4.19
Price to free cash flow (TTM)
-23.043
Free cash flow yield (TTM)
-4.34%
Free cash flow per share (TTM)
-205.40%
Dividend yield (TTM)
3.68%
Forward dividend yield
3.71%
Growth
Revenue change (TTM)
3.64%
Earnings per share change (TTM)
5.83%
3-year revenue growth (CAGR)
6.37%
10-year revenue growth (CAGR)
7.18%
3-year earnings per share growth (CAGR)
8.50%
10-year earnings per share growth (CAGR)
7.96%
3-year dividend per share growth (CAGR)
5.03%
10-year dividend per share growth (CAGR)
6.37%
What the Analysts think about Fortis
Analyst ratings (Buy, Hold, Sell) for Fortis stock.
Bulls say / Bears say
Fortis reported a 4.27% year-over-year increase in net income for Q4 2024, indicating strong financial performance. (Google Finance)
The company announced a 4.2% increase in its fourth-quarter dividend, reflecting confidence in its financial stability and commitment to shareholder returns. (MarketScreener)
Fortis unveiled a new $26 billion five-year capital plan, signaling robust growth prospects and strategic investments in infrastructure. (MarketScreener)
Wolfe Research downgraded Fortis's stock to 'Underperform' with a price target of $38, citing valuation concerns despite recent earnings growth. (Investing.com)
Amundi reduced its holdings in Fortis by 11.3% during Q4 2024, potentially indicating decreased institutional confidence. (MarketBeat)
The company's debt-to-equity ratio stands at 1.30, suggesting a significant debt burden that could impact financial flexibility. (MarketBeat)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
Fortis Financial Performance
Revenues and expenses
Fortis Earnings Performance
Company profitability
Fortis News
AllArticlesVideos
5 Dividend Kings Are Delivering Massive Total Returns of Up to 34% This Year
24/7 Wall Street·1 week ago
Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions
GlobeNewsWire·3 weeks ago
3 Table-Pounding Buys for Dividend Investors in May 2025
24/7 Wall Street·3 weeks ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Fortis stock?
Fortis (FTS) has a market cap of $24B as of June 20, 2025.
What is the P/E ratio for Fortis stock?
The price to earnings (P/E) ratio for Fortis (FTS) stock is 19.57 as of June 20, 2025.
Does Fortis stock pay dividends?
Yes, the Fortis (FTS) stock pays dividends to shareholders. As of June 20, 2025, the dividend rate is $1.74245 and the yield is 3.71%. Fortis has a payout ratio of 48.4% on a trailing twelve-month basis.
When is the next Fortis dividend payment date?
The next Fortis (FTS) dividend payment date is unconfirmed.
What is the beta indicator for Fortis?
Fortis (FTS) has a beta rating of 0.35. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.