Fortis Inc. continues to execute a disciplined capital deployment strategy, leveraging its $52.3 billion net PPE base to drive consistent, regulated earnings growth across its North American utility footprint. While the company faces inherent liquidity pressur...
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Fortis reported 2026Q1 revenue of $3.4 billion with a stable 27.6% operating margin, reflecting the efficacy of its formulaic rate mechanisms in mitigating commodity cost volatility.
Fortis plans $26 billion in capital expenditures for 2025‑2029 and $28.8 billion for 2026‑2030, driving its rate base from $38.8 billion in 2024 to $53 billion by 2029—a compound annual growth rate of 6.5%. This expansion underpins future cash flows and supports long‑term earnings growth.
The company has increased dividends for 51‑52 consecutive years and guides 4‑6% annual dividend growth through 2029‑2030. With a current dividend yield of 3.28%, Fortis offers attractive income for yield‑focused investors.
Fortis operates 99% regulated utilities across North America and the Caribbean, serving approximately 3.5 million customers. The regulated nature of its assets mitigates market‑fluctuation risks and provides stable revenue streams.
Trailing total returns as of 10/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 31, 2026 | $0.56+1.8% vs $0.55 | $2.1B+12.4% vs $1.8B |
Q2 2026 May 6, 2026 | $0.72+2.9% vs $0.70 | $2.4B-4.2% vs $2.6B |
Q1 2026 Feb 12, 2026 | $0.65+4.8% vs $0.62 | $2.2B-1.9% vs $2.3B |
Q4 2025 Nov 4, 2025 | $0.59-3.3% vs $0.61 | $1.5B-40.4% vs $2.5B |
Fortis (NYSE: FTS - Get Free Report) and Ameren (NYSE: AEE - Get Free Report) are both large-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings. Volatility and Risk Fortis has a beta of 0.42,
ST. JOHN'S, Newfoundland and Labrador, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2026 financial results and new five-year capital outlook for the period 2027-2031 on Tuesday, November 3, 2026. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results and five-year capital outlook.
Malaysia's IHH Healthcare said on Monday that India's top court has disposed of Fortis Healthcare's petition challenging a court-ordered forensic audit relating to a stake purchase by an IHH Healthcare unit in the Indian healthcare provider.
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Benchmark FTS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Fortis Inc. (FTS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $57.95 | $29.5B | 23.89 | 5.75% | 14.78% | 6.96% | 1.83% | |
| $172.21 | $28.75B | 23.08 | 12.91% | 28.5% | 9.67% | — | |
| $111.09 | $36.18B | 23.00 | 13.96% | 16.69% | 11.84% | — | |
| $67.46 | $25.37B | 14.79 | 13.83% | 10.35% | 8.82% | — | |
| $69.58 | $21.82B | 19.71 | 13.63% | 11.64% | 10.37% | — | |
| $43.28 | $20.75B | 22.19 | 21.76% | 13.15% | 7.75% | — |
Fortis Inc. (FTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Fortis Inc. (FTS) stock FAQ — growth, dividends, profitability & financials explained
Fortis Inc. (FTS) reported $12.35B in revenue for fiscal year 2025. This represents a 2663% increase from $447.0M in 1995.
Fortis Inc. (FTS) grew revenue by 5.8% over the past year. This is steady growth.
Yes, Fortis Inc. (FTS) is profitable, generating $1.79B in net income for fiscal year 2025 (14.8% net margin).
Yes, Fortis Inc. (FTS) pays a dividend with a yield of 1.83%. This makes it attractive for income-focused investors.
Fortis Inc. (FTS) has a return on equity (ROE) of 7.0%. This is below average, suggesting room for improvement.
Fortis Inc. (FTS) had negative free cash flow of $1.98B in fiscal year 2025, likely due to heavy capital investments.
Fortis Inc. (FTS) has a dividend payout ratio of 44%. This suggests the dividend is well-covered and sustainable.
