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Fortis TSX:FTS Stock Report

Last Price

CA$64.89

Market Cap

CA$32.8b

7D

-3.9%

1Y

16.6%

Updated

13 May, 2025

Data

Company Financials +

Community vs My Fair Value

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Fortis Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortis
Historical stock prices
Current Share PriceCA$64.89
52 Week HighCA$69.24
52 Week LowCA$52.19
Beta0.35
1 Month Change0.39%
3 Month Change3.49%
1 Year Change16.60%
3 Year Change2.76%
5 Year Change25.76%
Change since IPO1,284.32%

Recent News & Updates

Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates

May 09
Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates

This Is Why Fortis Inc.'s (TSE:FTS) CEO Compensation Looks Appropriate

May 01
This Is Why Fortis Inc.'s (TSE:FTS) CEO Compensation Looks Appropriate

Fortis Inc.'s (TSE:FTS) Share Price Could Signal Some Risk

Apr 22
Fortis Inc.'s (TSE:FTS) Share Price Could Signal Some Risk

Recent updates

Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates

May 09
Revenue Beat: Fortis Inc. Exceeded Revenue Forecasts By 6.5% And Analysts Are Updating Their Estimates

This Is Why Fortis Inc.'s (TSE:FTS) CEO Compensation Looks Appropriate

May 01
This Is Why Fortis Inc.'s (TSE:FTS) CEO Compensation Looks Appropriate

Fortis Inc.'s (TSE:FTS) Share Price Could Signal Some Risk

Apr 22
Fortis Inc.'s (TSE:FTS) Share Price Could Signal Some Risk

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

Apr 04
Is Fortis (TSE:FTS) Using Too Much Debt?

Some Shareholders Feeling Restless Over Fortis Inc.'s (TSE:FTS) P/E Ratio

Jan 20
Some Shareholders Feeling Restless Over Fortis Inc.'s (TSE:FTS) P/E Ratio

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

Dec 31
Estimating The Fair Value Of Fortis Inc. (TSE:FTS)

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

Dec 16
Returns On Capital At Fortis (TSE:FTS) Have Stalled

Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors

Nov 14
Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors
author-image

Clean Energy And Decisive Growth Propel Future Revenue And Earnings

Nov 07 Focus on regulated investments and cleaner energy in the capital plan can enhance rate base and revenue growth.

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

Shareholder Returns

FTSCA Electric UtilitiesCA Market
7D-3.9%-0.8%2.3%
1Y16.6%11.3%12.1%

Return vs Industry: FTS exceeded the Canadian Electric Utilities industry which returned 11.3% over the past year.

Return vs Market: FTS exceeded the Canadian Market which returned 12.1% over the past year.

Price Volatility

Is FTS's price volatile compared to industry and market?
FTS volatility
FTS Average Weekly Movement2.5%
Electric Utilities Industry Average Movement3.3%
Market Average Movement9.7%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market4.1%

Stable Share Price: FTS has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FTS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,800Dave Hutchenswww.fortisinc.com

Fortis 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 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The company 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 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada.

Fortis Inc. Fundamentals Summary

How do Fortis's earnings and revenue compare to its market cap?
FTS fundamental statistics
Market capCA$32.79b
Earnings (TTM)CA$1.65b
Revenue (TTM)CA$11.73b

19.8x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS income statement (TTM)
RevenueCA$11.73b
Cost of RevenueCA$6.38b
Gross ProfitCA$5.34b
Other ExpensesCA$3.70b
EarningsCA$1.65b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.28
Gross Margin45.57%
Net Profit Margin14.03%
Debt/Equity Ratio130.0%

How did FTS perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

73%

Payout Ratio

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks
When do you need to buy FTS by to receive an upcoming dividend?
Fortis dividend dates
Ex Dividend DateMay 16 2025
Dividend Pay DateJun 01 2025
Days until Ex dividend1 day
Days until Dividend pay date17 days

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 16:26
End of Day Share Price 2025/05/13 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortis Inc. is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Daniel FordBarclays
Ross FowlerBarclays