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Updated 1d ago
FTS.PRF logo

Fortis Inc.TSX:FTS.PRF Stock Report

Market Cap CA$38.4b
Updated 1d ago
Share Price
n/a
1Y-4.1%
7D-2.2%
1D0.09%
Portfolio Value
​
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Fortis Inc.

TSX:FTS.PRF Stock Report

Market Cap: CA$38.4b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Fortis (FTS.PRF) Stock Overview

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. More details

FTS.PRF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health0/6
Dividends4/6

Rewards

Trading at 71.6% below our estimate of its fair value

Earnings are forecast to grow 9% per year

Earnings have grown 8% per year over the past 5 years

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 3.36% is not well covered by free cash flows


FTS.PRF Community Fair Values

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CA$
Current Price
CA$22.3466.2% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture016b2016201920222025202620282031Revenue CA$15.7bEarnings CA$2.2b
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Fortis Inc. Competitors

Hydro One

Symbol: TSX:H
Market cap: CA$31.0b

Emera

Symbol: TSX:EMA
Market cap: CA$21.0b

Caribbean Utilities Company

Symbol: TSX:CUP.U
Market cap: US$617.4m

AltaGas

Symbol: TSX:ALA
Market cap: CA$16.4b

Price History & Performance

Summary of share price highs, lows and changes for Fortis
Historical stock prices
Current Share PriceCA$22.34
52 Week HighCA$24.30
52 Week LowCA$21.74
Beta0.41
1 Month Change-6.25%
3 Month Change-4.33%
1 Year Change-4.08%
3 Year Change15.10%
5 Year Change-12.90%
Change since IPO-11.14%

Recent News & Updates

Recent updates

Shareholder Returns

FTS.PRFCA Electric UtilitiesCA Market
7D-2.2%-3.7%-1.6%
1Y-4.1%-1.3%21.9%

Return vs Industry: FTS.PRF underperformed the Canadian Electric Utilities industry which returned -1.3% over the past year.

Return vs Market: FTS.PRF underperformed the Canadian Market which returned 21.9% over the past year.

Price Volatility

Is FTS.PRF's price volatile compared to industry and market?
FTS.PRF volatility
FTS.PRF Average Weekly Movement1.4%
Electric Utilities Industry Average Movement2.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market16.1%
10% least volatile stocks in CA Market3.6%

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

Volatility Over Time: FTS.PRF's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,900Dave Hutchenswww.fortisinc.com

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.

Fortis Inc. Fundamentals Summary

How do Fortis's earnings and revenue compare to its market cap?
FTS.PRF fundamental statistics
Market capCA$38.40b
Earnings (TTM)CA$1.73b
Revenue (TTM)CA$12.35b
22.5x
P/E Ratio
3.1x
P/S Ratio

Is FTS.PRF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS.PRF income statement (TTM)
RevenueCA$12.35b
Cost of RevenueCA$6.75b
Gross ProfitCA$5.60b
Other ExpensesCA$3.87b
EarningsCA$1.73b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.39
Gross Margin45.36%
Net Profit Margin13.99%
Debt/Equity Ratio131.0%

How did FTS.PRF perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
74%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 00:57
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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 23 analysts. 9 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

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