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Fortis Inc. (FTS.TO)

76.47 -0.10 (-0.13%)
At close: September 4 at 4:00:00 PM EDT
Chart Range Bar
Loading chart for FTS.TO
  • Previous Close 76.57
  • Open 76.48
  • Bid 76.38 x --
  • Ask 76.52 x --
  • Day's Range 76.39 - 77.19
  • 52 Week Range 67.15 - 83.75
  • Volume 905,668
  • Avg. Volume 1,413,692
  • Market Cap (intraday) 39.069B
  • Beta (5Y Monthly) 0.41
  • PE Ratio (TTM) 22.49
  • EPS (TTM) 3.40
  • Earnings Date (est.) Nov 4, 2026
  • Forward Dividend & Yield 2.56 (3.35%)
  • Ex-Dividend Date Aug 19, 2026
  • 1y Target Est 83.04

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

www.fortisinc.com

9,900

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

FTS.TO
9.93%
S&P/TSX Composite index (^GSPTSE)
14.58%

1-Year Return

FTS.TO
15.09%
S&P/TSX Composite index (^GSPTSE)
26.28%

3-Year Return

FTS.TO
60.43%
S&P/TSX Composite index (^GSPTSE)
77.72%

5-Year Return

FTS.TO
60.05%
S&P/TSX Composite index (^GSPTSE)
75.37%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 2.93B
Earnings 396M
Profit Margin 13.51%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
1B
2B
3B
13.6%
13.8%
14.0%
14.2%
14.4%
14.6%

Analyst Insights

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Analyst Price Targets

74.00 Low
83.04 Average
76.47 Current
89.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/3/2026
Analyst RBC Capital
Rating Action Maintains
Rating Sector Perform
Price Action Raises
Price Target 80 -> 89

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    14.69%

  • Return on Assets (ttm)

    2.96%

  • Return on Equity (ttm)

    7.47%

  • Revenue (ttm)

    12.35B

  • Net Income Avi to Common (ttm)

    1.73B

  • Diluted EPS (ttm)

    3.40

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    384M

  • Total Debt/Equity (mrq)

    132.27%

  • Levered Free Cash Flow (ttm)

    -2.72B

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