Fortis Past Earnings Performance

Past criteria checks 4/6

Fortis has been growing earnings at an average annual rate of 0.06%, while the Electric Utilities industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 7.3% per year. Fortis's return on equity is 7.2%, and it has net margins of 13.7%.

Key information

0.06%

Earnings growth rate

-2.7%

EPS growth rate

Electric Utilities Industry Growth7.3%
Revenue growth rate7.3%
Return on equity7.2%
Net Margin13.7%
Next Earnings Update05 Nov 2024

Recent past performance updates

Recent updates

We Think Fortis (TSE:FTS) Is Taking Some Risk With Its Debt

Oct 03
We Think Fortis (TSE:FTS) Is Taking Some Risk With Its Debt

Should You Be Adding Fortis (TSE:FTS) To Your Watchlist Today?

Aug 14
Should You Be Adding Fortis (TSE:FTS) To Your Watchlist Today?

Here's What Analysts Are Forecasting For Fortis Inc. (TSE:FTS) After Its Second-Quarter Results

Aug 02
Here's What Analysts Are Forecasting For Fortis Inc. (TSE:FTS) After Its Second-Quarter Results

Fortis Inc.'s (TSE:FTS) Share Price Not Quite Adding Up

Jul 26
Fortis Inc.'s (TSE:FTS) Share Price Not Quite Adding Up

Return Trends At Fortis (TSE:FTS) Aren't Appealing

Jul 11
Return Trends At Fortis (TSE:FTS) Aren't Appealing

Fortis (TSE:FTS) Takes On Some Risk With Its Use Of Debt

May 02
Fortis (TSE:FTS) Takes On Some Risk With Its Use Of Debt

Fortis Inc. (TSE:FTS) Shares Could Be 22% Below Their Intrinsic Value Estimate

Apr 03
Fortis Inc. (TSE:FTS) Shares Could Be 22% Below Their Intrinsic Value Estimate

Returns At Fortis (TSE:FTS) Appear To Be Weighed Down

Feb 29
Returns At Fortis (TSE:FTS) Appear To Be Weighed Down

Risks To Shareholder Returns Are Elevated At These Prices For Fortis Inc. (TSE:FTS)

Dec 25
Risks To Shareholder Returns Are Elevated At These Prices For Fortis Inc. (TSE:FTS)

If EPS Growth Is Important To You, Fortis (TSE:FTS) Presents An Opportunity

Dec 04
If EPS Growth Is Important To You, Fortis (TSE:FTS) Presents An Opportunity

Fortis' (TSE:FTS) Upcoming Dividend Will Be Larger Than Last Year's

Oct 29
Fortis' (TSE:FTS) Upcoming Dividend Will Be Larger Than Last Year's

Does Fortis (TSE:FTS) Have A Healthy Balance Sheet?

Oct 18
Does Fortis (TSE:FTS) Have A Healthy Balance Sheet?

Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

Sep 21
Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

Calculating The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Aug 18
Calculating The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Here's Why We Think Fortis (TSE:FTS) Is Well Worth Watching

Aug 03
Here's Why We Think Fortis (TSE:FTS) Is Well Worth Watching

Is Fortis (TSE:FTS) Using Too Much Debt?

Jul 05
Is Fortis (TSE:FTS) Using Too Much Debt?

Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

Jun 04
Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Apr 19
A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Is Fortis (TSE:FTS) A Risky Investment?

Mar 23
Is Fortis (TSE:FTS) A Risky Investment?

Investors Met With Slowing Returns on Capital At Fortis (TSE:FTS)

Feb 24
Investors Met With Slowing Returns on Capital At Fortis (TSE:FTS)

Calculating The Fair Value Of Fortis Inc. (TSE:FTS)

Jan 18
Calculating The Fair Value Of Fortis Inc. (TSE:FTS)

These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively

Dec 19
These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively

Fortis' (TSE:FTS) Dividend Will Be Increased To CA$0.565

Nov 07
Fortis' (TSE:FTS) Dividend Will Be Increased To CA$0.565

Fortis (TSE:FTS) Has Announced That It Will Be Increasing Its Dividend To CA$0.565

Oct 24
Fortis (TSE:FTS) Has Announced That It Will Be Increasing Its Dividend To CA$0.565

Estimating The Fair Value Of Fortis Inc. (TSE:FTS)

Oct 16
Estimating The Fair Value Of Fortis Inc. (TSE:FTS)

Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.565

Oct 02
Fortis (TSE:FTS) Will Pay A Larger Dividend Than Last Year At CA$0.565

Returns On Capital At Fortis (TSE:FTS) Have Stalled

Sep 14
Returns On Capital At Fortis (TSE:FTS) Have Stalled

Fortis (TSE:FTS) Has A Somewhat Strained Balance Sheet

Aug 30
Fortis (TSE:FTS) Has A Somewhat Strained Balance Sheet

A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Jul 04
A Look At The Intrinsic Value Of Fortis Inc. (TSE:FTS)

Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

Jun 16
Returns On Capital At Fortis (TSE:FTS) Have Hit The Brakes

These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively

Jun 01
These 4 Measures Indicate That Fortis (TSE:FTS) Is Using Debt Extensively

A Look At The Fair Value Of Fortis Inc. (TSE:FTS)

Mar 30
A Look At The Fair Value Of Fortis Inc. (TSE:FTS)

We Like These Underlying Return On Capital Trends At Fortis (TSE:FTS)

Mar 15
We Like These Underlying Return On Capital Trends At Fortis (TSE:FTS)

Revenue & Expenses Breakdown

How Fortis makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:FTS Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2411,3921,565-660
31 Mar 2411,3161,528-640
31 Dec 2311,5171,506-620
30 Sep 2311,8001,495-710
30 Jun 2311,6341,427-750
31 Mar 2311,5271,417-840
31 Dec 2211,0431,330-920
30 Sep 2210,4581,288-760
30 Jun 2210,1011,257-710
31 Mar 229,7441,226-580
31 Dec 219,4481,231-450
30 Sep 219,2111,234-470
30 Jun 219,1361,231-360
31 Mar 219,0831,252-340
31 Dec 208,9351,209-310
30 Sep 208,9151,224-320
30 Jun 208,8451,210-290
31 Mar 208,7381,656-190
31 Dec 198,7831,655-110
30 Sep 198,6631,57020
30 Jun 198,6521,56820
31 Mar 198,6291,08820
31 Dec 188,3901,10020
30 Sep 188,295973110
30 Jun 188,156975110
31 Mar 188,224992110
31 Dec 178,301963110
30 Sep 178,2431,01800
30 Jun 177,87086700
31 Mar 177,34071700
31 Dec 166,83858500
30 Sep 166,52353100
30 Jun 166,56155500
31 Mar 166,61469200
31 Dec 156,75772800
30 Sep 156,71270600
30 Jun 156,34356900
31 Mar 155,86137200
31 Dec 145,40131200
30 Sep 144,93729900
30 Jun 144,65533500
31 Mar 144,38934200
31 Dec 134,04733300

Quality Earnings: FTS has high quality earnings.

Growing Profit Margin: FTS's current net profit margins (13.7%) are higher than last year (12.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FTS's earnings have grown by 0.06% per year over the past 5 years.

Accelerating Growth: FTS's earnings growth over the past year (9.7%) exceeds its 5-year average (0.06% per year).

Earnings vs Industry: FTS earnings growth over the past year (9.7%) did not outperform the Electric Utilities industry 13.3%.


Return on Equity

High ROE: FTS's Return on Equity (7.2%) is considered low.


Return on Assets


Return on Capital Employed


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