Fortis Inc.(FTS)Earnings, Financials & Key Ratios
FTS•NYSE•Utilities
23.3× P/E·Price updated Jun 19, 2026
AboutFortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.Show more
- Revenue$12.17B+5.8%
- EBITDA$5.55B+6.3%
- Net Income$1.8B+7.1%
- Free Cash Flow-$2.17B-62.6%
- EBITDA Margin45.6%+0.5%
- Net Margin14.78%+1.3%
- ROE6.96%+1.8%
- Interest Coverage2.59+1.8%
- Debt/Equity1.34+2.7%
FTS Key Insights
Fortis Inc. (FTS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading near 52-week high
✗Weaknesses
- ✗High leverage: 6.2x Debt/EBITDA
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FTS Price & Volume
Fortis Inc. (FTS) stock price & volume — 10-year historical chart
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FTS Growth Metrics
Fortis Inc. (FTS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.06%
5 Years6.37%
3 Years3.29%
TTM4.21%
Profit CAGR
10 Years8.37%
5 Years7.15%
3 Years8.87%
TTM4.66%
EPS CAGR
10 Years2.76%
5 Years5.03%
3 Years6.94%
TTM-4.52%
Return on Capital
10 Years5.15%
5 Years5.06%
3 Years5.2%
Last Year5.18%
FTS Recent Earnings
Fortis Inc. (FTS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.72+2.9%
$0.70
Rev
$2.4B-4.2%
$2.6B
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.65+4.8%
$0.62
Rev
$2.2B-1.9%
$2.3B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.59-3.3%
$0.61
Rev
$1.5B-40.4%
$2.5B
Q3 2025
Aug 1, 2025Metric
Actual
Est
EPS
$0.55+7.8%
$0.51
Rev
$2.1B-16.9%
$2.5B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.72vs $0.70+2.9% | $2.4Bvs $2.6B-4.2% |
| Q1 2026 | Feb 12, 2026 | $0.65vs $0.62+4.8% | $2.2Bvs $2.3B-1.9% |
| Q4 2025 | Nov 4, 2025 | $0.59vs $0.61-3.3% | $1.5Bvs $2.5B-40.4% |
| Q3 2025 | Aug 1, 2025 | $0.55vs $0.51+7.8% | $2.1Bvs $2.5B-16.9% |
Based on last 12 quarters of dataView full earnings history →
FTS Peer Comparison
Fortis Inc. (FTS) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ATO | 28.39B | 170.11 | 22.80 | 12.91% | 27.58% | 7.69% | 0.69 | |
 WEC | 36.54B | 112.17 | 23.22 | 13.96% | 16.25% | 11.64% | 1.59 | |
 ES | 26.16B | 69.59 | 15.26 | 13.83% | 12.55% | 10.75% | 1.85 | |
 CMS | 22.67B | 73.38 | 20.79 | 13.63% | 12.55% | 11.6% | 1.95 | |
 NI | 22.66B | 47.26 | 24.24 | 21.76% | 14.1% | 8.4% | 1.39 | |
 EVRG | 19.02B | 82.50 | 22.54 | 1.65% | 14.71% | 8.65% | 1.50 | |
 AVA | 3.29B | 39.76 | 16.71 | 1.34% | 10.75% | 7.65% | 1.25 | |
 AEE | 30.06B | 108.67 | 20.31 | 15.43% | 17.17% | 11.6% | 1.47 |
Compare FTS vs Peers
Fortis Inc. (FTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FTS Income Statement
Fortis Inc. (FTS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 8.3B | 8.39B | 8.78B | 8.94B | 9.45B | 11.04B | 11.52B | 11.51B | 12.17B | 12.22B |
Revenue Growth % | 21.4% | 1.07% | 4.68% | 1.73% | 5.74% | 16.88% | 4.29% | -0.08% | 5.75% | 4.21% |
Cost of Revenue | 2.36B | 4.78B | 2.52B | 2.56B | 2.95B | 3.95B | 3.77B | 3.25B | 3.37B | 4.79B |
Gross Profit | 5.94B▲ 0% | 3.61B▼ 39.3% | 6.26B▲ 73.6% | 6.37B▲ 1.8% | 6.5B▲ 1.9% | 7.09B▲ 9.1% | 7.75B▲ 9.2% | 8.26B▲ 6.6% | 8.8B▲ 6.5% | 7.44B▲ 0% |
Gross Margin % | 71.56% | 43% | 71.31% | 71.33% | 68.77% | 64.21% | 67.26% | 71.77% | 72.3% | 60.85% |
Gross Profit Growth % | 32.09% | -39.26% | 73.59% | 1.76% | 1.95% | 9.14% | 9.24% | 6.62% | 6.54% | - |
Operating Expenses | 3.43B | 3.53B | 3.23B | 3.87B | 4.03B | 4.35B | 4.66B | 4.97B | 5.31B | 3.96B |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
EBITDA | 3.69B | 3.61B | 4.39B | 3.94B | 3.97B | 4.41B | 4.86B | 5.22B | 5.55B | 5.55B |
EBITDA Margin % | 44.45% | 43% | 49.96% | 44.05% | 42.06% | 39.92% | 42.17% | 45.35% | 45.6% | 45.41% |
EBITDA Growth % | 49.63% | -2.22% | 21.62% | -10.3% | 0.97% | 10.92% | 10.19% | 7.45% | 6.32% | 3.85% |
Depreciation & Amortization | 1.18B | 1.24B | 1.35B | 1.43B | 1.5B | 1.67B | 1.77B | 1.93B | 2.06B | 2.08B |
D&A / Revenue % | 14.2% | 14.82% | 15.37% | 15.98% | 15.93% | 15.1% | 15.39% | 16.74% | 16.9% | 16.98% |
Operating Income (EBIT) | 2.51B▲ 0% | 2.37B▼ 5.8% | 3.04B▲ 28.5% | 2.51B▼ 17.4% | 2.47B▼ 1.6% | 2.74B▲ 11.0% | 3.08B▲ 12.6% | 3.29B▲ 6.7% | 3.49B▲ 6.1% | 3.47B▲ 0% |
Operating Margin % | 30.25% | 28.19% | 34.59% | 28.07% | 26.13% | 24.81% | 26.78% | 28.61% | 28.69% | 28.43% |
Operating Income Growth % | 69.32% | -5.81% | 28.46% | -17.45% | -1.55% | 10.98% | 12.55% | 6.74% | 6.08% | - |
Interest Expense | 914M | 974M | 1.03B | 1.04B | 1B | 1.1B | 1.3B | 1.41B | 1.48B | 4M |
Interest Coverage | 2.70x | 2.49x | 3.07x | 2.55x | 2.63x | 2.64x | 2.59x | 2.55x | 2.59x | - |
Interest / Revenue % | 11.01% | 11.61% | 11.78% | 11.66% | 10.62% | 9.98% | 11.33% | 12.22% | 12.14% | 0.03% |
Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
Pretax Income | 1.71B▲ 0% | 1.45B▼ 15.3% | 2.14B▲ 47.6% | 1.62B▼ 24.3% | 1.64B▲ 1.2% | 1.8B▲ 10.0% | 2.07B▲ 14.8% | 2.17B▲ 5.0% | 2.35B▲ 8.3% | 2.36B▲ 0% |
Pretax Margin % | 20.64% | 17.29% | 24.38% | 18.13% | 17.35% | 16.33% | 17.97% | 18.89% | 19.34% | 19.28% |
Income Tax | 588M | 165M | 289M | 231M | 234M | 289M | 360M | 346M | 393M | 389.29M |
Effective Tax Rate % | 34.33% | 11.37% | 13.5% | 14.26% | 14.28% | 16.03% | 17.39% | 15.92% | 16.69% | 16.53% |
Net Income | 1.03B▲ 0% | 1.17B▲ 13.4% | 1.72B▲ 47.7% | 1.27B▼ 26.0% | 1.29B▲ 1.6% | 1.39B▲ 7.7% | 1.57B▲ 12.8% | 1.68B▲ 6.8% | 1.8B▲ 7.1% | 1.8B▲ 0% |
Net Margin % | 12.38% | 13.9% | 19.61% | 14.26% | 13.7% | 12.62% | 13.66% | 14.6% | 14.78% | 14.76% |
Net Income Growth % | 55.76% | 13.42% | 47.68% | -26.02% | 1.57% | 7.73% | 12.84% | 6.8% | 7.08% | 4.66% |
EPS (Diluted) | 2.31▲ 0% | 2.74▲ 18.6% | 3.64▲ 32.8% | 2.66▼ 26.9% | 2.61▼ 1.9% | 2.78▲ 6.5% | 3.10▲ 11.5% | 3.24▲ 4.5% | 3.40▲ 4.9% | 3.55▲ 0% |
EPS Growth % | 22.22% | 18.61% | 32.85% | -26.92% | -1.88% | 6.51% | 11.51% | 4.52% | 4.94% | -4.52% |
EPS (Basic) | 2.32 | 2.75 | 3.53 | 2.58 | 2.61 | 2.78 | 3.10 | 3.24 | 3.40 | - |
Diluted Shares Outstanding | 416.2M | 425.2M | 454.7M | 454.7M | 471.4M | 479M | 486.5M | 495.2M | 529.12M | 508.5M |
FTS Balance Sheet
Fortis Inc. (FTS) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 47.82B | 53.05B | 53.4B | 55.48B | 57.66B | 64.25B | 65.92B | 73.49B | 74.83B | 76.91B |
Asset Growth % | -0.17% | 10.93% | 0.67% | 3.89% | 3.93% | 11.43% | 2.6% | 11.48% | 1.83% | 17.59% |
PP&E (Net) | 29.67B | 32.76B | 34.03B | 36.04B | 37.86B | 41.71B | 43.44B | 49.52B | 50.89B | 52.34B |
PP&E / Total Assets % | 62.04% | 61.75% | 63.73% | 64.96% | 65.65% | 64.91% | 65.89% | 67.39% | 68% | 68.06% |
Total Current Assets | 2.21B | 3.26B | 2.57B | 2.61B | 2.73B | 4.27B | 4.03B | 3.8B | 3.81B | 4.12B |
Cash & Equivalents | 327M | 332M | 370M | 249M | 131M | 209M | 625M | 220M | 367M | 359.93M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 367M | 398M | 394M | 422M | 478M | 661M | 566M | 685M | 649M | 644.66M |
Other Current Assets | 443M | 1.28B | 617M | 737M | 734M | 1.49B | 1.06B | 1.04B | 915M | 1.09B |
Long-Term Investments | 124M | 153M | 126M | 158M | 178M | 316M | 417M | 484M | 0 | 0 |
Goodwill | 11.64B | 12.53B | 12B | 11.79B | 11.72B | 12.46B | 12.18B | 13.11B | 12.53B | 12.71B |
Intangible Assets | 1.08B | 1.2B | 1.26B | 1.29B | 1.34B | 1.55B | 1.51B | 1.66B | 1.72B | 1.75B |
Other Assets | 3.1B | 3.15B | 3.41B | 3.59B | 3.83B | 3.95B | 4.35B | 4.91B | 5.89B | 5.99B |
Total Liabilities | 31.07B | 34.59B | 33.29B | 35.2B | 36.74B | 41.41B | 42.59B | 47.63B | 48.96B | 50.36B |
Total Debt | 22.13B | 24.79B | 23.22B | 24.87B | 25.95B | 29.04B | 30.03B | 33.7B | 34.63B | 35.5B |
Net Debt | 21.8B | 24.45B | 22.85B | 24.62B | 25.82B | 28.83B | 29.4B | 33.48B | 34.26B | 35.14B |
Long-Term Debt | 20.75B | 23.16B | 21.5B | 23.11B | 23.71B | 25.93B | 27.23B | 31.22B | 30.72B | 30.86B |
Short-Term Borrowings | 914M | 986M | 1.2B | 1.39B | 1.88B | 2.73B | 2.42B | 2.09B | 3.56B | 4.29B |
Capital Lease Obligations | 461M | 642M | 513M | 373M | 365M | 370M | 378M | 390M | 348M | 1.39B |
Total Current Liabilities | 3.5B | 4.25B | 4.18B | 4.15B | 4.8B | 6.62B | 5.96B | 6.04B | 7.51B | 8.48B |
Accounts Payable | 696M | 679M | 754M | 707M | 774M | 886M | 990M | 1.12B | 3.5B | 3.77B |
Accrued Expenses | 223M | 230M | 253M | 901M | 218M | 254M | 274M | 305M | 0 | 0 |
Deferred Revenue | 204M | 267M | 226M | 0 | 288M | 401M | 263M | 360M | 0 | 0 |
Other Current Liabilities | 1.27B | 1.84B | 1.5B | 1.15B | 567M | 912M | 952M | 1.02B | 452M | 419.08M |
Deferred Taxes | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 15.54B |
Other Liabilities | 6.4B | 6.79B | 7.13B | 7.57B | 4.14B | 4.33B | 4.44B | 4.83B | 10.38B | 5.25B |
Total Equity | 16.75B▲ 0% | 18.46B▲ 10.2% | 20.11B▲ 9.0% | 20.28B▲ 0.9% | 20.92B▲ 3.1% | 22.84B▲ 9.2% | 23.33B▲ 2.1% | 25.85B▲ 10.8% | 25.87B▲ 0.1% | 26.55B▲ 0% |
Equity Growth % | 1.82% | 10.19% | 8.98% | 0.85% | 3.12% | 9.21% | 2.15% | 10.8% | 0.06% | 12.87% |
Shareholders Equity | 15B | 16.53B | 18.53B | 18.7B | 19.29B | 21.03B | 21.5B | 23.81B | 23.81B | 24.45B |
Minority Interest | 1.75B | 1.92B | 1.58B | 1.59B | 1.63B | 1.81B | 1.83B | 2.04B | 2.06B | 2.11B |
Common Stock | 11.58B | 11.89B | 13.64B | 13.82B | 14.24B | 14.66B | 15.11B | 15.59B | 16.11B | 16.29B |
Additional Paid-in Capital | 10M | 11M | 11M | 11M | 10M | 10M | 9M | 8M | 5M | 5.01M |
Retained Earnings | 1.73B | 2.08B | 2.92B | 3.21B | 3.46B | 3.73B | 4.11B | 4.52B | 4.97B | 5.16B |
Accumulated OCI | 61M | 928M | 336M | 34M | -40M | 1.01B | 653M | 2.07B | 1.1B | 1.37B |
Return on Assets (ROA) | 2.15% | 2.31% | 3.24% | 2.34% | 2.29% | 2.29% | 2.42% | 2.41% | 2.43% | 2.41% |
Return on Equity (ROE) | 6.19% | 6.62% | 8.93% | 6.31% | 6.28% | 6.37% | 6.81% | 6.83% | 6.96% | 6.92% |
Debt / Equity | 1.32x | 1.34x | 1.15x | 1.23x | 1.24x | 1.27x | 1.29x | 1.30x | 1.34x | 1.34x |
Debt / Assets | 46.27% | 46.72% | 43.47% | 44.83% | 45% | 45.19% | 45.55% | 45.86% | 46.28% | 46.16% |
Net Debt / EBITDA | 5.91x | 6.78x | 5.21x | 6.26x | 6.50x | 6.54x | 6.05x | 6.42x | 6.17x | 6.33x |
Book Value per Share | 40.24 | 43.41 | 44.23 | 44.61 | 44.37 | 47.69 | 47.96 | 52.21 | 48.89 | 52.22 |
FTS Cash Flow Statement
Fortis Inc. (FTS) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.76B | 2.6B | 2.05B | 2.7B | 2.91B | 3.07B | 3.54B | 3.88B | 4.06B | 3.95B |
Operating CF Growth % | 46.28% | -5.52% | -21.14% | 31.53% | 7.63% | 5.74% | 15.32% | 9.51% | 4.64% | -27.48% |
Operating CF / Revenue % | 33.2% | 31.04% | 23.38% | 30.23% | 30.77% | 27.84% | 30.78% | 33.73% | 33.38% | 32.36% |
Net Income | 1.13B | 1.29B | 1.33B | 1.39B | 1.41B | 1.51B | 1.57B | 1.83B | 1.96B | 1.8B |
Depreciation & Amortization | 1.18B | 1.24B | 1.04B | 1.43B | 1.5B | 1.67B | 1.77B | 1.93B | 2.06B | 2.08B |
Deferred Taxes | 544M | 136M | 190.48M | 226M | 147M | 182M | 272M | 154M | 315M | 280.08M |
Other Non-Cash Items | -35M | 28M | -376.33M | 14M | -106M | -14M | 108M | -96M | -68M | -78.1M |
Working Capital Changes | -97M | -89M | -129.55M | -434M | -144M | -317M | -181M | 69M | -203M | -249.86M |
Capital Expenditures | -3.02B | -3.22B | -2.7B | -4.04B | -3.39B | -3.87B | -4.17B | -5.22B | -6.23B | -6.2B |
CapEx / Revenue % | 36.43% | 38.36% | 32.66% | 43.17% | 33.75% | 32.48% | 34.61% | 43.55% | 48.82% | 49.18% |
CapEx / D&A | 2.56x | 2.59x | 2.76x | 2.70x | 2.12x | 2.15x | 2.25x | 2.60x | 2.89x | 2.90x |
CapEx Coverage (OCF/CapEx) | 0.91x | 0.81x | 0.72x | 0.70x | 0.91x | 0.86x | 0.89x | 0.77x | 0.68x | 0.66x |
Cash from Investing | -3.02B | -3.25B | -2.13B | -4.13B | -3.49B | -4.06B | -3.74B | -5.39B | -5.36B | -5.31B |
Acquisitions | 0 | 0 | 767.3M | 0 | 0 | -100M | 430M | 0 | 452M | 452M |
Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Investing | -1M | -34M | -33.16M | -275M | -299M | -372M | -186M | -383M | 133M | 252.46M |
Cash from Financing | 339M | 644M | 118.76M | 1.33B | 451M | 1.03B | 613M | 1.06B | 1.46B | 1.22B |
Dividends Paid | -484M | -525M | -432.62M | -851M | -671M | -737M | -768M | -818M | -873M | -890.59M |
Dividend Payout Ratio % | 40.76% | 39.37% | 22.12% | 61.7% | 46.99% | 48.28% | 44.56% | 44.29% | 43.8% | - |
Debt Issuance (Net) | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 4M |
Stock Issued | 561M | 34M | 1.11B | 58M | 60M | 53M | 43M | 46M | 60M | 53.05M |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 448M | -49M | -47.81M | -35M | -76M | -71M | -77M | -108M | -39M | 7M |
Net Change in Cash | 58M▲ 0% | 5M▼ 91.4% | 42.25M▲ 745.0% | -121M▼ 386.4% | -118M▲ 2.5% | 78M▲ 166.1% | 416M▲ 433.3% | -405M▼ 197.4% | 147M▲ 136.3% | -155.77M▲ 0% |
Exchange Rate Effect | -12M | 24M | 4.46M | -17M | 12M | 28M | 0 | 44M | -19M | -20.73M |
Cash at Beginning | 269M | 327M | 243.08M | 370M | 249M | 131M | 209M | 625M | 220M | 372.7M |
Cash at End | 327M | 332M | 285.33M | 249M | 131M | 209M | 625M | 220M | 367M | 359.93M |
Free Cash Flow | -268M▲ 0% | -614M▼ 129.1% | -644.69M▼ 5.0% | -1.34B▼ 107.5% | -479M▲ 64.2% | -791M▼ 65.1% | -624M▲ 21.1% | -1.34B▼ 114.1% | -2.17B▼ 62.6% | -2.24B▲ 0% |
FCF Growth % | 94.65% | -129.1% | -5% | -107.54% | 64.2% | -65.14% | 21.11% | -114.1% | -62.57% | -76.76% |
FCF Margin % | -3.23% | -7.32% | -7.34% | -14.97% | -5.07% | -7.16% | -5.42% | -11.61% | -17.85% | -18.35% |
FCF / Net Income % | -26.07% | -52.66% | -37.44% | -105.02% | -37.02% | -56.74% | -39.67% | -79.52% | -120.73% | -124.38% |
FTS Key Ratios
Fortis Inc. (FTS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 6.19% | 6.62% | 8.93% | 6.31% | 6.28% | 6.37% | 6.81% | 6.83% | 6.96% | 6.92% |
EBITDA Margin | 44.45% | 43% | 49.96% | 44.05% | 42.06% | 39.92% | 42.17% | 45.35% | 45.6% | 45.41% |
Net Debt / EBITDA | 5.91x | 6.78x | 5.21x | 6.26x | 6.50x | 6.54x | 6.05x | 6.42x | 6.17x | 6.33x |
Interest Coverage | 2.70x | 2.49x | 3.07x | 2.55x | 2.63x | 2.64x | 2.59x | 2.55x | 2.59x | - |
CapEx / Revenue | 36.43% | 38.36% | 32.66% | 43.17% | 33.75% | 32.48% | 34.61% | 43.55% | 48.82% | 49.18% |
Dividend Payout Ratio | 40.76% | 39.37% | 22.12% | 61.7% | 46.99% | 48.28% | 44.56% | 44.29% | 43.8% | 44.61% |
Debt / Equity | 1.32x | 1.34x | 1.15x | 1.23x | 1.24x | 1.27x | 1.29x | 1.30x | 1.34x | 1.34x |
EPS Growth | 22.22% | 18.61% | 32.85% | -26.92% | -1.88% | 6.51% | 11.51% | 4.52% | 4.94% | -4.52% |
Related:FTS Dividend History·FTS Revenue History·FTS Price History·FTS P/E History·FTS Financial Ratios·FTS Institutional Holders
FTS Frequently Asked Questions
Fortis Inc. (FTS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Fortis Inc. (FTS) reported $12.22B in revenue for fiscal year 2025. This represents a 2634% 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 $1.80B in net income for fiscal year 2025 (14.8% net margin).
Dividend & Returns
Yes, Fortis Inc. (FTS) pays a dividend with a yield of 1.88%. 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 $2.24B in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
Fortis Inc. (FTS) has a dividend payout ratio of 44%. This suggests the dividend is well-covered and sustainable.