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Fortis(NYSE) FTS

Market Cap$28.73BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2011)+202%
5 Year+49%
1 Year+14%
1 Month-2%
Premium Feature
Moneyball Superscore
65/100
$55.65
-1.05%
-0.59Today
Fortis last closing stock price
MetricPriceDate
Last closeUSD 56.242026-08-20
Fortis stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.67%USD 55.872026-08-13
1 month-1.5%USD 57.102026-07-21
3 month+0.4%USD 56.022026-05-22
Year to date+11%USD 50.672025-12-31
1 year+14.37%USD 49.172025-08-20
3 year+60.48%USD 35.042023-08-21
5 year+48.79%USD 37.802021-08-20
Since inception+202.16%USD 18.612011-10-13

Fortis Financials at a Glance

Market Cap

$28.73BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$12.35B

Net Income (TTM)

CA$1.79B

EPS (TTM)

$2.46

P/E Ratio

22.82

Dividend

$1.85

Beta (Volatility)

0.23 (Low)

Price

$55.65

Volume

96,594.014

Open

$56.49

Previous Close

$56.24

Daily Range

$55.90 - $56.65

52-Week Range

$48.64 - $59.40

Estimated Earnings Date

Nov 3, 2026

FTS News

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About Fortis

Fortis Inc. is a leading North American utility company that provides essential electricity and natural gas services across Canada, the United States, and several Caribbean nations. With a diverse portfolio of generating assets and a commitment to sustainability, Fortis serves millions of customers while maintaining a strong focus on operational efficiency and growth.

Products and Services
  • Electricity supply to approximately 438,000 retail customers in Arizona
  • Natural gas services to over 1,065,000 clients in British Columbia
  • Wholesale electricity sales across the western United States
Growth Outlook
  • Projected revenue growth driven by increased demand for renewable energy
  • Expansion plans include investments in infrastructure and technology
  • Long-term contracts in Belize enhance international revenue streams
Financial Highlights
  • Q2 2026 revenue of CAD 2.93 billion, reflecting strong operational performance
  • Trailing twelve months (TTM) net income of CAD 1.57 billion, showcasing profitability
  • Dividend yield of 3.23%, indicating a commitment to returning value to shareholders
Fortis Inc. has established itself as a reliable provider of utility services, with a significant presence in both the electricity and natural gas sectors. The company operates a diverse range of generating facilities, including solar and wind assets, which align with the growing trend towards renewable energy. The strategic focus on expanding infrastructure and enhancing operational efficiency positions Fortis for sustained growth in the coming years. Recent financial performance highlights the company's resilience, with a notable revenue increase in the second quarter of 2026. The TTM net income reflects strong profitability, while the attractive dividend yield underscores Fortis's commitment to shareholder returns. As the demand for energy continues to evolve, Fortis Inc. is well-positioned to capitalize on emerging opportunities in the utility sector.
AI Generated • Aug 18, 2026

Industry

Electric Utilities

Sector

Utilities

Employees

9,900

CEO

David G. Hutchens, MBA

Website

www.fortisinc.com

Headquarters

Saint John's, NF A1E 0E4, CA

FTS Financials

Key Financial Metrics (TTM)

Gross Margin

28.19%

Operating Margin

28.19%

Net Income Margin

14.72%

Return on Equity

7.43%

Return on Capital

5.97%

Return on Assets

2.30%

Earnings Yield

4.38%

Dividend Yield

3.29%

Payout Ratio

50.25%

Stock Overview

Market Cap

$28.73BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

510.90M

Volume

96.59K

Avg. Volume

754.47K

Financials (TTM)

Gross Profit

CA$8.94B

Operating Income

CA$3.50B

EBITDA

CA$5.43B

Operating Cash Flow

CA$4.28B

Capital Expenditure

-CA$6.26B

Free Cash Flow

-CA$1.98B

Cash & ST Invst.

CA$384.00M

Total Debt

CA$36.33B

Fortis Performance Analysis

Fortis annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 8,482,521,34312.6%
20232023-12-31CAD 8,533,089,7450.6%
20242024-12-31CAD 8,400,235,556-1.6%
20252025-12-31CAD 8,709,725,6053.7%
Fortis sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-304.4%
Q42025-12-314.8%
Q12026-03-3110.5%
Q22026-06-30-13.9%
Fortis annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD 2.132.4%
20232023-12-31CAD 2.297.5%
20242024-12-31CAD 2.373.2%
20252025-12-31CAD 2.442.9%
Fortis sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-24.7%
Q42025-12-3143.1%
Q12026-03-3119.3%
Q22026-06-30-21.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$2.93B

+4.1%

Gross Profit

CA$2.21B

+5.3%

Gross Margin

75.47%

N/A

Market Cap

$28.73BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.90M

N/A

Employees

9,900

N/A

Net Income

CA$396.00M

-2.0%

EBITDA

CA$934.00M

-34.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$384.00M

+73.8%

Total Debt

CA$36.33B

+7.4%

Accounts Receivable

CA$1.88B

+9.9%

Inventory

CA$681.00M

+0.3%

Long Term Debt

CA$32.89B

+5.9%

Short Term Debt

CA$3.43B

+25.1%

Return on Assets

2.30%

N/A

Return on Invested Capital

4.87%

N/A

Free Cash Flow

-CA$472.20M

+36.2%

Operating Cash Flow

CA$1.13B

+40.5%

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Questions About FTS

What is the current price of Fortis?

Fortis is trading at $55.90 per share.

What is the 52-week range for Fortis?

Over the past 52 weeks, Fortis has traded between $48.64 and $59.40.

How much debt does Fortis have?

As of the most recent reporting period, Fortis reported total debt of CA$25.60B.

How much cash does Fortis have on hand?

Fortis reported CA$270.66M in cash and cash equivalents in its most recent financial results.

What is Fortis’s dividend yield?

Fortis currently has a dividend yield of 3.29%.

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