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Fortis Inc.

$53.4 +$1.50 (+2.89%)
NYSE · 15 Sep 2026 17:54 UTC
Previous Close
$54.07
Day Range
$53.27$54.2
Year Range
$48.69$59.4
Market Cap
27.19B
AVG Volume
740.38K
Trailing/Forward PE
21.79/13.42
PEG ratio
3.07
Dividend Yield
3.45%
Next Earnings Date
2026-11-03
Primary Exchange
New York Stock ExchangeUS
Revenue (CAD)
05B10B15B2016201720182019202020212022202320242025
FTS Revenue (CAD) by year
PeriodRevenue (CAD)
202512.17B
202411.51B
202311.52B
202211.04B
20219.45B
20208.94B
20198.78B
20188.39B
20178.3B
20166.88B
Net Income (CAD)
0500M1B1.5B2B2016201720182019202020212022202320242025
FTS Net Income (CAD) by year
PeriodNet Income (CAD)
20251.8B
20241.68B
20231.57B
20221.39B
20211.29B
20201.27B
20191.72B
20181.17B
20171.03B
2016660M
Operating Income (CAD)
01B2B3B4B2016201720182019202020212022202320242025
FTS Operating Income (CAD) by year
PeriodOperating Income (CAD)
20253.49B
20243.29B
20233.08B
20222.74B
20212.47B
20202.51B
20193.04B
20182.37B
20172.51B
20161.48B
EBITDA (CAD)
02B4B6B2016201720182019202020212022202320242025
FTS EBITDA (CAD) by year
PeriodEBITDA (CAD)
20255.89B
20245.51B
20235.15B
20224.57B
20214.15B
20204.09B
20193.83B
20183.66B
20173.65B
20162.47B
Cash Flows (CAD)
-3B-2B-1B02016201720182019202020212022202320242025
FTS Cash Flows (CAD) by year
PeriodCash Flows (CAD)
2025-2.17B
2024-1.28B
2023-377.55M
2022-791M
2021-479M
2020-1.34B
2019-1.06B
2018-614M
2017-268M
2016-177M
EPS (CAD)
012342016201720182019202020212022202320242025
FTS EPS (CAD) by year
PeriodEPS (CAD)
20253.18
20243.25
20233.12
20222.81
20212.68
20202.66
20193.77
20182.63
20172.36
20161.9
Expenses (CAD)
-2B02B4B6B8BSG&ACapex2016201720182019202020212022202320242025
FTS Expenses (CAD) by year
PeriodExpenses (CAD)
20256.23B
20245.17B
20233.26B
20223.87B
20213.39B
20204.04B
20193.72B
20183.22B
20173.04B
20162.04B
Cash & Debt (CAD)
010B20B30B40BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
FTS Cash & Debt (CAD) by year
PeriodCash & Debt (CAD)
2025367M
2024220M
2023625M
2022209M
2021131M
2020249M
2019370M
2018332M
2017327M
2016269M
Debt ratios
00.511.5220182019202020212022202320242025
FTS Debt ratios by year
PeriodDebt ratios
20251.62
20241.73
20231.64
20221.73
20211.64
20201.62
20191.68
20181.99
Margins
0%20%40%60%80%2016201720182019202020212022202320242025
FTS Margins by year
PeriodMargins
202572.3%
202471.77%
202367.26%
202264.21%
202168.77%
202071.33%
201971.31%
201862.82%
201763.98%
201665.59%
Return on Capital
0%2.5%5%7.5%10%2016201720182019202020212022202320242025
FTS Return on Capital by year
PeriodReturn on Capital
20256.95%
20246.5%
20236.74%
20226.1%
20216.19%
20206.28%
20198.56%
20186.32%
20176.14%
20164.01%
Shares Outstanding
0200M400M600M2016201720182019202020212022202320242025
FTS Shares Outstanding by year
PeriodShares Outstanding
2025533.51M
2024496.2M
2023488.95M
2022474.75M
2021474.75M
2020468.78M
2019468.78M
2018455.53M
2017477.61M
2016418.03M
Dividends (CAD)
00.511.522017201820192020202120222023202420252026
FTS Dividends (CAD) by year
PeriodDividends (CAD)
20261.4
20251.77
20241.74
20231.69
20221.67
20211.61
20201.45
20191.37
20181.34
20171.25
Book Value Per Share (CAD)
02040602016201720182019202020212022202320242025
FTS Book Value Per Share (CAD) by year
PeriodBook Value Per Share (CAD)
202548.49
202452.1
202347.72
202248.11
202144.06
202043.27
201942.9
201840.52
201735.07
201639.35
Total Assets (CAD)
020B40B60B80B2016201720182019202020212022202320242025
FTS Total Assets (CAD) by year
PeriodTotal Assets (CAD)
202574.83B
202473.49B
202365.92B
202264.25B
202157.66B
202055.48B
201953.4B
201853.05B
201747.82B
201647.9B
PE Ratio
1618202224med 19.84Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS PE Ratio by year
PeriodPE Ratio
Sep 2620.1
Sep 2620.21
Sep 2620.48
Aug 2620.36
Aug 2620.25
Aug 2621.07
Aug 2620.95
Jul 2621.4
Jul 2623.38
Jul 2623.24
Jul 2622.91
Jul 2623.19
Jun 2623.29
Jun 2622.36
Jun 2622.45
Jun 2621.97
May 2621.51
May 2622
May 2621.21
May 2621.63
May 2623.04
Apr 2622.83
Apr 2623.09
Apr 2623.64
Apr 2623.45
Mar 2622.93
Mar 2622.4
Mar 2623.67
Mar 2623.23
Feb 2623.25
Feb 2622.83
Feb 2622.95
Feb 2621.04
Jan 2620.7
Jan 2620.57
Jan 2620.59
Jan 2620.4
Jan 2620.31
Dec 2520.21
Dec 2520
Dec 2520
Dec 2520.12
Nov 2520.92
Nov 2520.72
Nov 2520.88
Nov 2520.54
Oct 2519.79
Oct 2520.24
Oct 2520.4
Oct 2520.1
Oct 2519.73
Sep 2519.48
Sep 2519.1
Sep 2519.23
Sep 2519.15
Aug 2519.23
Aug 2519.71
Aug 2519.73
Aug 2519.66
Aug 2519.35
Jul 2519.52
Jul 2518.83
Jul 2518.76
Jul 2518.7
Jun 2518.73
Jun 2518.76
Jun 2518.99
Jun 2518.88
May 2519.47
May 2519.61
May 2519.45
May 2519.76
May 2519.81
Apr 2519.86
Apr 2519.68
Apr 2519.05
Apr 2519.39
Mar 2519.15
Mar 2519.07
Mar 2519.07
Mar 2518.94
Feb 2518.74
Feb 2518.51
Feb 2518.79
Feb 2518.55
Jan 2518.47
Jan 2518.15
Jan 2518.12
Jan 2517.54
Jan 2517.92
Dec 2418.01
Dec 2417.89
Dec 2417.97
Dec 2418.78
Nov 2418.66
Nov 2419.06
Nov 2418.79
Nov 2418.56
Nov 2418.03
Oct 2418.37
Free Cash Flow Yield
-7%-6%-5%-4%-3%-2%med -4.99%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-5.48%
Sep 26-5.45%
Sep 26-5.38%
Aug 26-5.41%
Aug 26-5.44%
Aug 26-5.23%
Aug 26-5.26%
Jul 26-5.14%
Jul 26-5.32%
Jul 26-5.36%
Jul 26-5.43%
Jul 26-5.37%
Jun 26-5.34%
Jun 26-5.57%
Jun 26-5.54%
Jun 26-5.67%
May 26-5.79%
May 26-5.66%
May 26-5.87%
May 26-5.75%
May 26-5.24%
Apr 26-5.29%
Apr 26-5.23%
Apr 26-5.11%
Apr 26-5.15%
Mar 26-5.27%
Mar 26-5.39%
Mar 26-5.1%
Mar 26-5.2%
Feb 26-5.19%
Feb 26-5.29%
Feb 26-5.26%
Feb 26-5.98%
Jan 26-6.08%
Jan 26-6.12%
Jan 26-6.11%
Jan 26-6.17%
Jan 26-6.2%
Dec 25-6.23%
Dec 25-6.29%
Dec 25-6.29%
Dec 25-6.25%
Nov 25-6.02%
Nov 25-6.07%
Nov 25-6.02%
Nov 25-6.13%
Oct 25-4.86%
Oct 25-4.76%
Oct 25-4.72%
Oct 25-4.79%
Oct 25-4.88%
Sep 25-4.94%
Sep 25-5.04%
Sep 25-5.01%
Sep 25-5.03%
Aug 25-5.01%
Aug 25-4.88%
Aug 25-4.88%
Aug 25-4.89%
Aug 25-4.97%
Jul 25-3.77%
Jul 25-3.91%
Jul 25-3.93%
Jul 25-3.94%
Jun 25-3.93%
Jun 25-3.93%
Jun 25-3.88%
Jun 25-3.9%
May 25-3.78%
May 25-3.9%
May 25-3.93%
May 25-3.87%
May 25-3.86%
Apr 25-3.85%
Apr 25-3.88%
Apr 25-4.01%
Apr 25-3.94%
Mar 25-3.99%
Mar 25-4.01%
Mar 25-4.01%
Mar 25-4.04%
Feb 25-4.08%
Feb 25-4.13%
Feb 25-4.07%
Feb 25-2.88%
Jan 25-2.89%
Jan 25-2.94%
Jan 25-2.94%
Jan 25-3.04%
Jan 25-2.98%
Dec 24-2.96%
Dec 24-2.98%
Dec 24-2.97%
Dec 24-2.84%
Nov 24-2.86%
Nov 24-3.16%
Nov 24-3.21%
Nov 24-3.25%
Nov 24-3.35%
Oct 24-3.28%
Price to Sales
2.52.7533.253.5med 2.94Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS Price to Sales by year
PeriodPrice to Sales
Sep 262.92
Sep 262.94
Sep 262.98
Aug 262.96
Aug 262.94
Aug 263.06
Aug 263.04
Jul 263.11
Jul 263.44
Jul 263.42
Jul 263.37
Jul 263.42
Jun 263.43
Jun 263.29
Jun 263.31
Jun 263.24
May 263.17
May 263.24
May 263.12
May 263.19
May 263.41
Apr 263.37
Apr 263.41
Apr 263.49
Apr 263.47
Mar 263.39
Mar 263.31
Mar 263.5
Mar 263.43
Feb 263.44
Feb 263.37
Feb 263.39
Feb 263.09
Jan 263.04
Jan 263.02
Jan 263.03
Jan 263
Jan 262.99
Dec 252.97
Dec 252.94
Dec 252.94
Dec 252.96
Nov 253.07
Nov 253.05
Nov 253.07
Nov 253.02
Oct 252.96
Oct 253.03
Oct 253.05
Oct 253.01
Oct 252.95
Sep 252.92
Sep 252.86
Sep 252.88
Sep 252.87
Aug 252.88
Aug 252.95
Aug 252.95
Aug 252.94
Aug 252.9
Jul 252.87
Jul 252.77
Jul 252.76
Jul 252.75
Jun 252.75
Jun 252.76
Jun 252.79
Jun 252.77
May 252.86
May 252.86
May 252.84
May 252.89
May 252.89
Apr 252.9
Apr 252.87
Apr 252.78
Apr 252.83
Mar 252.8
Mar 252.78
Mar 252.78
Mar 252.76
Feb 252.74
Feb 252.7
Feb 252.74
Feb 252.7
Jan 252.68
Jan 252.64
Jan 252.63
Jan 252.55
Jan 252.6
Dec 242.62
Dec 242.6
Dec 242.61
Dec 242.73
Nov 242.71
Nov 242.74
Nov 242.7
Nov 242.66
Nov 242.59
Oct 242.64
EV/EBITDA
11121314med 11.98Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS EV/EBITDA by year
PeriodEV/EBITDA
Sep 2613.27
Sep 2613.31
Sep 2613.4
Aug 2613.36
Aug 2613.32
Aug 2613.59
Aug 2613.55
Jul 2613.7
Jul 2613.08
Jul 2613.04
Jul 2612.94
Jul 2613.02
Jun 2613.05
Jun 2612.77
Jun 2612.8
Jun 2612.65
May 2612.51
May 2612.66
May 2612.42
May 2612.55
May 2612.86
Apr 2612.8
Apr 2612.88
Apr 2613.05
Apr 2612.99
Mar 2612.83
Mar 2612.67
Mar 2613.06
Mar 2612.92
Feb 2612.93
Feb 2612.8
Feb 2612.84
Feb 2612.17
Jan 2612.07
Jan 2612.03
Jan 2612.04
Jan 2611.98
Jan 2611.95
Dec 2511.92
Dec 2511.86
Dec 2511.86
Dec 2511.89
Nov 2512.14
Nov 2512.08
Nov 2512.13
Nov 2512.02
Oct 2511.89
Oct 2512.03
Oct 2512.08
Oct 2511.99
Oct 2511.87
Sep 2511.8
Sep 2511.68
Sep 2511.72
Sep 2511.69
Aug 2511.72
Aug 2511.87
Aug 2511.87
Aug 2511.85
Aug 2511.76
Jul 2511.95
Jul 2511.74
Jul 2511.72
Jul 2511.7
Jun 2511.71
Jun 2511.72
Jun 2511.79
Jun 2511.76
May 2511.94
May 2512.06
May 2512.01
May 2512.11
May 2512.12
Apr 2512.14
Apr 2512.08
Apr 2511.89
Apr 2512
Mar 2511.92
Mar 2511.9
Mar 2511.9
Mar 2511.86
Feb 2511.8
Feb 2511.73
Feb 2511.81
Feb 2511.39
Jan 2511.37
Jan 2511.27
Jan 2511.26
Jan 2511.09
Jan 2511.2
Dec 2411.23
Dec 2411.19
Dec 2411.22
Dec 2411.46
Nov 2411.43
Nov 2411.64
Nov 2411.56
Nov 2411.48
Nov 2411.32
Oct 2411.43
Price/Operating Cashflow
7891011med 8.72Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 268.42
Sep 268.47
Sep 268.58
Aug 268.53
Aug 268.49
Aug 268.83
Aug 268.78
Jul 268.97
Jul 2610.65
Jul 2610.59
Jul 2610.44
Jul 2610.57
Jun 2610.61
Jun 2610.19
Jun 2610.23
Jun 2610.01
May 269.8
May 2610.03
May 269.66
May 269.86
May 2610.2
Apr 2610.11
Apr 2610.22
Apr 2610.47
Apr 2610.38
Mar 2610.15
Mar 269.92
Mar 2610.48
Mar 2610.29
Feb 2610.3
Feb 2610.11
Feb 2610.16
Feb 269.3
Jan 269.14
Jan 269.09
Jan 269.1
Jan 269.01
Jan 268.97
Dec 258.93
Dec 258.84
Dec 258.84
Dec 258.89
Nov 259.24
Nov 259.16
Nov 259.23
Nov 259.08
Oct 258.15
Oct 258.34
Oct 258.4
Oct 258.28
Oct 258.13
Sep 258.02
Sep 257.86
Sep 257.92
Sep 257.89
Aug 257.92
Aug 258.12
Aug 258.13
Aug 258.1
Aug 257.97
Jul 257.77
Jul 257.5
Jul 257.47
Jul 257.44
Jun 257.46
Jun 257.47
Jun 257.56
Jun 257.52
May 257.75
May 258.49
May 258.42
May 258.55
May 258.57
Apr 258.6
Apr 258.52
Apr 258.24
Apr 258.39
Mar 258.29
Mar 258.25
Mar 258.25
Mar 258.2
Feb 258.11
Feb 258.01
Feb 258.13
Feb 258.86
Jan 258.82
Jan 258.67
Jan 258.65
Jan 258.38
Jan 258.56
Dec 248.6
Dec 248.54
Dec 248.58
Dec 248.97
Nov 248.91
Nov 2410.99
Nov 2410.83
Nov 2410.7
Nov 2410.39
Oct 2410.59
Price to Book
11.21.41.61.8med 1.35Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
FTS Price to Book by year
PeriodPrice to Book
Sep 261.31
Sep 261.32
Sep 261.34
Aug 261.33
Aug 261.32
Aug 261.38
Aug 261.37
Jul 261.4
Jul 261.59
Jul 261.58
Jul 261.55
Jul 261.57
Jun 261.58
Jun 261.52
Jun 261.52
Jun 261.49
May 261.46
May 261.49
May 261.44
May 261.47
May 261.6
Apr 261.59
Apr 261.61
Apr 261.64
Apr 261.63
Mar 261.59
Mar 261.56
Mar 261.65
Mar 261.62
Feb 261.62
Feb 261.59
Feb 261.6
Feb 261.42
Jan 261.4
Jan 261.39
Jan 261.39
Jan 261.38
Jan 261.37
Dec 251.36
Dec 251.35
Dec 251.35
Dec 251.36
Nov 251.41
Nov 251.4
Nov 251.41
Nov 251.38
Oct 251.37
Oct 251.41
Oct 251.42
Oct 251.4
Oct 251.37
Sep 251.35
Sep 251.33
Sep 251.34
Sep 251.33
Aug 251.34
Aug 251.37
Aug 251.37
Aug 251.37
Aug 251.34
Jul 251.28
Jul 251.24
Jul 251.23
Jul 251.23
Jun 251.23
Jun 251.23
Jun 251.25
Jun 251.24
May 251.28
May 251.27
May 251.26
May 251.28
May 251.29
Apr 251.29
Apr 251.28
Apr 251.24
Apr 251.26
Mar 251.24
Mar 251.24
Mar 251.24
Mar 251.23
Feb 251.22
Feb 251.2
Feb 251.22
Feb 251.26
Jan 251.26
Jan 251.24
Jan 251.24
Jan 251.2
Jan 251.22
Dec 241.23
Dec 241.22
Dec 241.23
Dec 241.28
Nov 241.27
Nov 241.26
Nov 241.25
Nov 241.23
Nov 241.2
Oct 241.22
Fortis Inc.
FTS
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News: FTS

Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes

globenewswire.com · 9 Sep 2026

Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes

The Base Shelf Prospectus is accessible, and the Prospectus Supplement and any Amendment to the Documents will be accessible through SEDAR+ within two business days.

Jupiter Topco LLC Makes New $2.25 Million Investment in Fortis $FTS

defenseworld.net · 4 Sep 2026

Jupiter Topco LLC Makes New $2.25 Million Investment in Fortis $FTS

Jupiter Topco LLC purchased a new position in Fortis (NYSE: FTS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,244 shares of the utilities provider's stock, valued at approximately $2,254,000. Several other hedge funds and other institutional investors have also modified

1,947,424 Shares in Fortis $FTS Bought by BlackRock Inc.

defenseworld.net · 30 Aug 2026

1,947,424 Shares in Fortis $FTS Bought by BlackRock Inc.

BlackRock Inc. purchased a new stake in Fortis (NYSE: FTS) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,947,424 shares of the utilities provider's stock, valued at approximately $111,451,000. BlackRock Inc. owned approximately 0.38% of Fortis as of its

Fortis Inc. (TSE:FTS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

defenseworld.net · 12 Aug 2026

Fortis Inc. (TSE:FTS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fortis Inc. (TSE: FTS - Get Free Report) have earned an average rating of "Moderate Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price

Fortis Q2 Earnings Call Highlights

marketbeat.com · 31 Jul 2026

Fortis Q2 Earnings Call Highlights

Fortis NYSE: FTS reported second-quarter net earnings of C$396 million, or C$0.78 per common share, up C$0.02 per share from the same period a year earlier, as regulated capital investment and higher electricity sales supported results. The utility said it invested C$2.7 billion across its systems through the first half of 2026 and remains on track to invest C$5.6 billion for the full year.

Fortis (FTS) Surpasses Q2 Earnings and Revenue Estimates

zacks.com · 31 Jul 2026

Fortis (FTS) Surpasses Q2 Earnings and Revenue Estimates

Fortis (FTS) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.55 per share a year ago.

Fortis Inc. Releases Second Quarter 2026 Results

globenewswire.com · 31 Jul 2026

Fortis Inc. Releases Second Quarter 2026 Results

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.

Fortis Inc. Announces Third Quarter Dividends – 2026

globenewswire.com · 29 Jul 2026

Fortis Inc. Announces Third Quarter Dividends – 2026

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. ST. JOHN'S, Newfoundland and Labrador, July 29, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc.

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