Fortis
FTS
53.02
+0.08
+0.15%
Fortis
US · FTS
#729 by market cap
Listed 2016
53.02
+0.08
+0.15%
Live - 5344 symbols - heartbeat 121s ago
· 2026-10-08 06:18
Pre-market
52.33
-1.30%
After-hours
53.02
0.00%
- Market cap
- 27.09B
- P/E (TTM)i
- 22.23
- P/Bi
- 1.63
- EPSi
- 2.39
- Div yieldi
- 3.37%
- 52W posi
- 55%
Reader sentiment
Are you bullish or bearish on FTS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.68, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +5.75% YoY
Margins
- Gross margin
- 72.30%
- Operating margin
- 28.69%
- Net margin
- 14.08%
Key ratios & quality
- Enterprise valuei
- 61.00B
- PEG ratioi
- 2.51
- Altman Z-Scorei
- 0.68
PEG uses trailing P/E against the 3-year net income growth rate (8.87%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.39B | 8.78B | 8.94B | 9.45B | 11.04B | 11.52B | 11.51B | 12.17B |
| Gross profit | 5.90B | 6.26B | 6.37B | 6.50B | 7.09B | 7.75B | 8.26B | 8.80B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.37B | 2.46B | 2.51B | 2.47B | 2.74B | 3.08B | 3.29B | 3.49B |
| Pretax profit | 1.45B | 2.14B | 1.62B | 1.64B | 1.80B | 2.07B | 2.17B | 2.35B |
| Tax | 165.00M | 289.00M | 231.00M | 234.00M | 289.00M | 360.00M | 346.00M | 393.00M |
| Net profit | 1.29B | 1.85B | 1.39B | 1.41B | 1.51B | 1.71B | 1.83B | 1.96B |
| Basic EPS | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Diluted EPS | 2.59 | 3.78 | 2.60 | 2.61 | 2.78 | 3.10 | 3.24 | 3.40 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.34B | 2.82B | 2.94B | 3.08B | 3.40B | 2.93B |
| Gross profit | 2.30B | 2.10B | 2.18B | 2.22B | 2.33B | 2.21B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 953.00M | 800.00M | 871.00M | 868.00M | 955.00M | 804.00M |
| Pretax profit | 674.00M | 536.00M | 579.00M | 565.00M | 674.00M | 536.00M |
| Tax | 116.00M | 92.00M | 105.00M | 80.00M | 112.00M | 76.00M |
| Net profit | 558.00M | 444.00M | 474.00M | 485.00M | 562.00M | 460.00M |
| Basic EPS | 1 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 1.00 | 0.76 | 0.81 | 0.83 | 0.99 | 0.78 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 3.26B | 2.57B | 2.61B | 2.73B | 4.27B | 4.03B | 3.80B | 3.81B |
| Cash & ST investments | 332.00M | 370.00M | 249.00M | 131.00M | 209.00M | 625.00M | 220.00M | 367.00M |
| Inventory | 398.00M | 394.00M | 422.00M | 478.00M | 661.00M | 566.00M | 685.00M | 649.00M |
| Total assets | 53.05B | 53.40B | 55.48B | 57.66B | 64.25B | 65.92B | 73.49B | 74.83B |
| Total current liabilities | 4.25B | 4.18B | 4.15B | 4.80B | 6.62B | 5.96B | 6.04B | 7.51B |
| Short-term debt | 1.24B | 1.20B | 1.39B | 1.88B | 2.73B | 2.42B | 2.09B | 3.56B |
| Long-term debt | 23.16B | 21.50B | 23.11B | 23.71B | 25.93B | 27.24B | 31.22B | 30.72B |
| Total liabilities | 34,595,000,000.00 | 33,291,000,000.00 | 35,197,000,000.00 | 36,743,000,000.00 | 41,410,000,000.00 | 42,588,000,000.00 | 47,633,000,000.00 | 48,961,000,000.00 |
| Total equity | 18.46B | 20.11B | 20.28B | 20.92B | 22.84B | 23.33B | 25.85B | 25.87B |
| Retained earnings | 2.08B | 2.92B | 3.21B | 3.46B | 3.73B | 4.11B | 4.52B | 4.97B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 4.12B | 3.57B | 3.66B | 3.81B | 4.11B | 4.19B |
| Cash & ST investments | 510.00M | 221.00M | 389.00M | 367.00M | 359.00M | 384.00M |
| Inventory | 680.00M | 679.00M | 655.00M | 649.00M | 643.00M | 681.00M |
| Total assets | 74.72B | 72.79B | 74.50B | 74.83B | 76.71B | 78.76B |
| Total current liabilities | 5.44B | 6.16B | 5.51B | 7.51B | 8.46B | 7.45B |
| Short-term debt | 1.50B | 2.75B | 1.98B | 3.56B | 4.28B | 3.43B |
| Long-term debt | 32.56B | 30.72B | 32.09B | 30.72B | 30.78B | 32.55B |
| Total liabilities | 48,525,000,000.00 | 47,195,000,000.00 | 48,250,000,000.00 | 48,961,000,000.00 | 50,228,000,000.00 | 51,300,000,000.00 |
| Total equity | 26.19B | 25.59B | 26.25B | 25.87B | 26.49B | 27.46B |
| Retained earnings | 4.71B | 5.10B | 5.20B | 4.97B | 5.14B | 5.54B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.60B | 2.66B | 2.70B | 2.91B | 3.07B | 3.55B | 3.88B | 4.06B |
| Depreciation & amortization | 1.24B | 1.35B | 1.43B | 1.51B | 1.67B | 1.77B | 1.93B | 2.06B |
| Free cash flow | -614.00M | -1.06B | -1.34B | -479.00M | -791.00M | -624.00M | -1.34B | -2.17B |
| Dividends paid | -525.00M | -561.00M | -851.00M | -671.00M | -737.00M | -768.00M | -818.00M | -873.00M |
| Stock buybacks / issuance | 34.00M | 1.44B | 58.00M | 60.00M | 53.00M | 43.00M | 46.00M | 60.00M |
| Ending cash balance | 332.00M | 370.00M | 249.00M | 131.00M | 209.00M | 625.00M | 220.00M | 367.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.21B | 804.00M | 1.03B | 1.02B | 1.10B | 1.13B |
| Depreciation & amortization | 515.00M | 512.00M | 518.00M | 512.00M | 532.00M | 542.00M |
| Free cash flow | -330.00M | -740.00M | -426.00M | -676.00M | -445.00M | -535.00M |
| Dividends paid | -213.00M | -211.00M | -220.00M | -229.00M | -230.00M | -233.00M |
| Stock buybacks / issuance | 25.00M | 9.00M | 11.00M | 15.00M | 18.00M | 14.00M |
| Ending cash balance | 510.00M | 221.00M | 389.00M | 367.00M | 359.00M | 384.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 7.78 | 10.40 | 7.12 | 7.09 | 7.18 | 7.67 | 7.64 | 7.73 |
| ROA %i | 2.18 | 3.11 | 2.22 | 2.18 | 2.18 | 2.31 | 2.30 | 2.31 |
| ROIC %i | 5.18 | 6.36 | 5.10 | 4.88 | 4.88 | 5.13 | 5.17 | 5.16 |
| 5-year avg ROE %i | 7.17 | 8.16 | 7.63 | 7.94 | 7.91 | 7.89 | 7.34 | 7.46 |
| EBIT margin %i | 28.90 | 36.16 | 29.79 | 27.96 | 26.31 | 29.30 | 31.11 | 31.49 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.77 | 0.62 | 0.63 | 0.57 | 0.65 | 0.67 | 0.63 | 0.51 |
| Quick ratioi | 0.35 | 0.35 | 0.34 | 0.29 | 0.30 | 0.38 | 0.31 | 0.25 |
| Debt / assetsi | 46.72 | 43.43 | 44.81 | 45.00 | 45.19 | 45.55 | 45.86 | 46.34 |
| LT debt / equityi | 157.94 | 130.06 | 137.50 | 136.27 | 135.52 | 138.88 | 142.50 | 140.24 |
| Interest coveragei | 2.49 | 3.07 | 2.55 | 2.63 | 2.64 | 2.59 | 2.55 | 2.59 |
| Revenue CAGR (3Y) %i | 7.48 | 8.70 | 2.48 | 4.04 | 7.93 | 8.83 | 6.80 | 3.29 |
| Net income CAGR (3Y) %i | 13.14 | 37.67 | 7.41 | 3.53 | -6.80 | 7.28 | 9.09 | 8.87 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 7.65 | 7.88 | 7.77 | 7.73 | 7.58 | 7.57 |
| ROA %i | 2.31 | 2.40 | 2.34 | 2.31 | 2.27 | 2.28 |
| ROIC %i | 5.17 | 5.29 | 5.22 | 5.16 | 5.07 | 5.09 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 31.34 | 31.81 | 31.64 | 31.49 | 31.34 | 31.19 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.76 | 0.58 | 0.66 | 0.51 | 0.49 | 0.56 |
| Quick ratioi | 0.45 | 0.31 | 0.37 | 0.25 | 0.26 | 0.30 |
| Debt / assetsi | 46.05 | 46.45 | 46.20 | 46.34 | 46.16 | 46.12 |
| LT debt / equityi | 146.17 | 141.18 | 143.68 | 140.24 | 136.80 | 138.94 |
| Interest coveragei | 2.55 | 2.58 | 2.58 | 2.59 | 2.59 | 2.57 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Regulated UNS Energy is the largest reported line at 24.12% of revenue, across 7 reported segments.
- No single line clears half of revenue; Regulated International Transmission Company (ITC) is next at 22.48%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Regulated UNS Energy24.12%
Regulated International Transmission Company (ITC)22.48%
Regulated Other Electric14.74%
Regulated Central Hudson13.68%
Regulated FortisBC Energy13.37%
Regulated Fortis Alberta7.27%
Regulated FortisBC Electric4.33%
Quote time 2026-10-08 06:18:55 · For reference only, not investment advice and not tailored to your situation.