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Fortis(TSX) FTS

Market CapCA$40.06BMarket 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 (1987)+9,255%
5 Year+63%
1 Year+17%
1 Month-3%
CA$78.42
+0.19%
+0.15Today
Fortis last closing stock price
MetricPriceDate
Last closeCAD 78.422026-08-13
Fortis stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.04%CAD 78.452026-08-06
1 month-3.46%CAD 81.232026-07-14
3 month+4.21%CAD 75.252026-05-15
Year to date+11.73%CAD 70.182025-12-31
1 year+16.8%CAD 67.142025-08-13
3 year+62.5%CAD 48.262023-08-14
5 year+63.02%CAD 48.102021-08-13
Since inception+9,255.39%CAD 0.841987-12-29

Fortis Financials at a Glance

Market Cap

CA$40.06BMarket 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$12.33B

Net Income (TTM)

CA$1.82B

EPS (TTM)

CA$3.40

P/E Ratio

23.03

Dividend

CA$2.54

Beta (Volatility)

0.20 (Low)

Price

CA$78.42

Volume

1,582,270

Open

CA$78.43

Previous Close

CA$78.42

Daily Range

CA$78.33 - CA$79.10

52-Week Range

CA$67.15 - CA$83.75

Estimated Earnings Date

Oct 23, 2026

FTS News

ITC tower

ITC Holdings Reports Solid Results As It Prepares for Fortis Acquisition

Dan CaplingerFeb 25, 2016

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About Fortis

Fortis Inc. operates as a leading electric and gas utility company across Canada, the United States, and the Caribbean. The company serves approximately 459,000 retail customers in Arizona and distributes natural gas to over 1 million customers in British Columbia.

Products and Services
  • Electricity generation, transmission, and distribution
  • Natural gas distribution services
  • Operation and management of hydroelectric facilities
Growth Outlook
  • Projected revenue growth driven by infrastructure investments
  • Expansion into renewable energy sources enhances sustainability
  • Strategic acquisitions to increase market share in North America
Financial Highlights
  • Recent quarterly revenue of CAD 3.38 billion, up from CAD 3.08 billion
  • Trailing twelve months (TTM) net income of CAD 2.06 billion
  • Dividend yield of approximately 3.08%, reflecting consistent returns
Fortis Inc. has established a robust presence in the utility sector, focusing on reliable service delivery and sustainable practices. The company's diverse portfolio includes electricity and natural gas services, catering to a wide customer base. Recent financial performance indicates a strong upward trend, with significant revenue growth and a solid net income, showcasing operational efficiency. The commitment to expanding renewable energy initiatives positions Fortis favorably for future growth, appealing to environmentally conscious investors. The consistent dividend yield further enhances the attractiveness of Fortis as a stable investment option in the utilities sector.
AI Generated • Jul 22, 2026

Industry

Electric Utilities

Sector

Utilities

Employees

9,900

CEO

David G. Hutchens, MBA

Website

www.fortisinc.com

Headquarters

St. John's, NF A1B 3T2, 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

4.34%

Dividend Yield

3.23%

Payout Ratio

50.25%

Stock Overview

Market Cap

CA$40.06BMarket 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

1.58M

Avg. Volume

1.49M

Financials (TTM)

Gross Profit

CA$3.48B

Operating Income

CA$3.48B

EBITDA

CA$6.02B

Operating Cash Flow

CA$4.28B

Capital Expenditure

-CA$6.16B

Free Cash Flow

-CA$1.88B

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 11,043,000,00016.9%
20232023-12-31CAD 11,517,000,0004.3%
20242024-12-31CAD 11,508,000,000-0.1%
20252025-12-31CAD 12,170,000,0005.8%
Fortis sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-304.4%
Q42025-12-314.8%
Q12026-03-319.8%
Q22026-06-30-13.3%
Fortis annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD 2.786.3%
20232023-12-31CAD 3.1011.5%
20242024-12-31CAD 3.244.8%
20252025-12-31CAD 3.404.9%
Fortis sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-306.6%
Q42025-12-312.5%
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$804.00M

-38.7%

Gross Margin

27.43%

N/A

Market Cap

CA$40.06BMarket 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

CA$4.05M

N/A

Employees

9,900

N/A

Net Income

CA$417.00M

+3.2%

EBITDA

CA$1.37B

+3.0%

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$472.00M

+36.2%

Operating Cash Flow

CA$1.13B

+40.4%

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Questions About FTS

What is the current price of Fortis?

Fortis is trading at CA$78.42 per share.

What is the 52-week range for Fortis?

Over the past 52 weeks, Fortis has traded between CA$67.15 and CA$83.75.

How much debt does Fortis have?

As of the most recent reporting period, Fortis reported total debt of CA$36.33B.

How much cash does Fortis have on hand?

Fortis reported CA$384.00M in cash and cash equivalents in its most recent financial results.

What is Fortis’s dividend yield?

Fortis currently has a dividend yield of 3.23%.

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