Loading...
FTS logo

Fortis Inc.TSX:FTS Stock Report

Market Cap CA$39.9b
Share Price
CA$78.59
n/a
1Y21.1%
7D0.7%
Portfolio Value
View

Fortis Inc.

TSX:FTS Stock Report

Market Cap: CA$39.9b

Fortis (FTS) Stock Overview

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

FTS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health0/6
Dividends4/6

FTS Community Fair Values

Create Narrative

See what 105 others think this stock is worth. Follow their fair value or set your own to get alerts.

Fortis Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortis
Historical stock prices
Current Share PriceCA$78.59
52 Week HighCA$78.96
52 Week LowCA$61.32
Beta0.44
1 Month Change6.58%
3 Month Change12.88%
1 Year Change21.13%
3 Year Change43.62%
5 Year Change48.51%
Change since IPO1,576.59%

Recent News & Updates

Recent updates

Here's Why Fortis (TSE:FTS) Is Weighed Down By Its Debt Load

Dec 29
Here's Why Fortis (TSE:FTS) Is Weighed Down By Its Debt Load

Here's Why We Think Fortis (TSE:FTS) Might Deserve Your Attention Today

Nov 27
Here's Why We Think Fortis (TSE:FTS) Might Deserve Your Attention Today

Fortis (TSE:FTS) Is Paying Out A Larger Dividend Than Last Year

Nov 07
Fortis (TSE:FTS) Is Paying Out A Larger Dividend Than Last Year

Fortis (TSE:FTS) Seems To Be Using A Lot Of Debt

Aug 28
Fortis (TSE:FTS) Seems To Be Using A Lot Of Debt

Earnings Not Telling The Story For Fortis Inc. (TSE:FTS)

Jul 29
Earnings Not Telling The Story For Fortis Inc. (TSE:FTS)

Here's Why We Think Fortis (TSE:FTS) Might Deserve Your Attention Today

Jul 15
Here's Why We Think Fortis (TSE:FTS) Might Deserve Your Attention Today

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?
User avatar

Clean Energy And Decisive Growth Propel Future Revenue And Earnings

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

Shareholder Returns

FTSCA Electric UtilitiesCA Market
7D0.7%-1.9%-3.8%
1Y21.1%23.4%33.4%

Return vs Industry: FTS underperformed the Canadian Electric Utilities industry which returned 23.4% over the past year.

Return vs Market: FTS underperformed the Canadian Market which returned 33.4% over the past year.

Price Volatility

Is FTS's price volatile compared to industry and market?
FTS volatility
FTS Average Weekly Movement2.0%
Electric Utilities Industry Average Movement2.5%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.7%
10% least volatile stocks in CA Market3.6%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18859,926Dave 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 fundamental statistics
Market capCA$39.87b
Earnings (TTM)CA$1.71b
Revenue (TTM)CA$12.17b
23.3x
P/E Ratio
3.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTS income statement (TTM)
RevenueCA$12.17b
Cost of RevenueCA$6.62b
Gross ProfitCA$5.55b
Other ExpensesCA$3.84b
EarningsCA$1.71b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.38
Gross Margin45.60%
Net Profit Margin14.08%
Debt/Equity Ratio132.5%

How did FTS perform over the long term?

See historical performance and comparison

Dividends

3.3%
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 15 2026
Dividend Pay DateJun 01 2026
Days until Ex dividend66 days
Days until Dividend pay date83 days

Does FTS pay a reliable dividends?

See FTS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/09 19:21
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
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
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 21 analysts. 11 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