Fortis/$FTS
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1D1W1MYTD1Y5YMAX
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
19.51
$2.41
0.35
$1.74
3.74%
Price and volume
Market cap
$24B
Beta
0.35
52-week high
$50.06
52-week low
$40.12
Average daily volume
512K
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)
3,942.787
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)
$873,260
Management effectiveness
Return on assets (TTM)
3.02%
Return on equity (TTM)
7.46%
Valuation
Price to earnings (TTM)
19.508
Price to revenue (TTM)
2.738
Price to book
1.44
Price to tangible book (TTM)
4.2
Price to free cash flow (TTM)
-22.969
Free cash flow yield (TTM)
-4.35%
Free cash flow per share (TTM)
-204.63%
Dividend yield (TTM)
3.71%
Forward dividend yield
3.74%
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 Inc. reported strong financial results for 2023, with annual net earnings of $1.5 billion and adjusted net earnings per share increasing to $3.09 from $2.78 in 2022. (nasdaq.com)
The company achieved 50 consecutive years of dividend increases, demonstrating a strong commitment to returning value to shareholders. (nasdaq.com)
Fortis has set a $25 billion capital plan for 2024-2028, aiming for a 6.3% average annualized rate base growth, indicating a robust growth strategy. (globenewswire.com)
Wolfe Research downgraded Fortis shares to an 'Underperform' rating with a price target of $38, citing valuation concerns despite the company's regulatory achievements. (investing.com)
Fortis carries a significant debt burden, which could be a point of concern for investors looking at the company's financial resilience. (investing.com)
Analysts have expressed concerns about Fortis's below-average EPS growth, which is concerning given its current premium valuation. (tipranks.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Jul 2025.
Fortis Financial Performance
Revenues and expenses
Fortis Earnings Performance
Company profitability
Fortis News
AllArticlesVideos
Fortis Inc. to Hold Teleconference and Webcast on August 1 to Discuss Second Quarter 2025 Results
GlobeNewsWire·2 weeks ago
5 Dividend Kings Are Delivering Massive Total Returns of Up to 34% This Year
24/7 Wall Street·1 month ago
Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions
GlobeNewsWire·2 months 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.
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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 $24B as of July 18, 2025.
What is the P/E ratio for Fortis stock?
The price to earnings (P/E) ratio for Fortis (FTS) stock is 19.51 as of July 18, 2025.
Does Fortis stock pay dividends?
Yes, the Fortis (FTS) stock pays dividends to shareholders. As of July 18, 2025, the dividend rate is $1.74245 and the yield is 3.74%. 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.