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 roughly 3.5 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
Employees
9,800
Headquarters
Saint John's, Canada
Website
Fortis Metrics
BasicAdvanced
$25B
20.60
$2.42
0.32
$1.75
3.57%
Price and volume
Market cap
$25B
Beta
0.32
52-week high
$52.47
52-week low
$40.32
Average daily volume
629K
Dividend rate
$1.75
Financial strength
Current ratio
0.579
Quick ratio
0.314
Long term debt to equity
121.372
Total debt to equity
132.101
Dividend payout ratio (TTM)
47.41%
Interest coverage (TTM)
2.28%
Profitability
EBITDA (TTM)
3,920.068
Gross margin (TTM)
45.80%
Net profit margin (TTM)
14.98%
Operating margin (TTM)
29.54%
Effective tax rate (TTM)
16.59%
Revenue per employee (TTM)
$860,220
Management effectiveness
Return on assets (TTM)
3.10%
Return on equity (TTM)
7.69%
Valuation
Price to earnings (TTM)
20.604
Price to revenue (TTM)
2.947
Price to book
1.6
Price to tangible book (TTM)
4.47
Price to free cash flow (TTM)
-18.994
Free cash flow yield (TTM)
-5.26%
Free cash flow per share (TTM)
-2.622
Dividend yield (TTM)
3.52%
Forward dividend yield
3.57%
Growth
Revenue change (TTM)
4.22%
Earnings per share change (TTM)
6.60%
3-year revenue growth (CAGR)
5.54%
10-year revenue growth (CAGR)
6.47%
3-year earnings per share growth (CAGR)
8.80%
10-year earnings per share growth (CAGR)
4.39%
3-year dividend per share growth (CAGR)
4.89%
10-year dividend per share growth (CAGR)
6.31%
What the Analysts think about Fortis
Analyst ratings (Buy, Hold, Sell) for Fortis stock.
Bulls say / Bears say
Fortis Inc. posted strong Q2 2025 results, with net earnings of $384 million—up 16% from a year earlier—benefiting from growth in its regulated rate base and favorable U.S.-Canada exchange rates. The company also invested $2.9 billion in the first half, advancing toward its $5.2 billion annual capital plan. (TipRanks)
Regulatory approval for FortisBC’s rate setting framework covering 2025 to 2027 gives stability to allowed returns and reduces risk for future earnings in the company’s Western Canadian segment. (Banking Press Releases)
In May 2025, Fitch Ratings assigned Fortis a BBB+ issuer and senior unsecured debt rating with a stable outlook, indicating confidence in the company’s credit quality and disciplined capital structure. (GuruFocus)
Bank of America reduced its one-year price target for Fortis to $45 and reiterated an Underperform rating on June 27, 2025, suggesting there could be downside from the current share price. (GuruFocus)
A consensus from six analysts on MarketBeat News rated Fortis shares as “Reduce” as of June 3, 2025, reflecting a generally cautious outlook and expectations for limited upside. The average price target was $72.00. (MarketBeat News)
Fortis shares are trading close to their 52-week high of $51.45 with a trailing twelve-month price/earnings ratio of 19.77. This is higher than the average for regulated utilities, pointing to a potentially stretched valuation and little room for further multiple expansion. (CNBC)
Data summarised monthly by Lightyear AI. Last updated on 31 Oct 2025.
Fortis Financial Performance
Revenues and expenses
Fortis Earnings Performance
Company profitability
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.
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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 $25B as of November 04, 2025.
What is the P/E ratio for Fortis stock?
The price to earnings (P/E) ratio for Fortis (FTS) stock is 20.6 as of November 04, 2025.
Does Fortis stock pay dividends?
Yes, the Fortis (FTS) stock pays dividends to shareholders. As of November 04, 2025, the dividend rate is $1.75467 and the yield is 3.57%. Fortis has a payout ratio of 47.41% 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 0.32. 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.