FTSNYSEElectric ServicesFiscal year ends December 31Also trades as FINCF, FORFF, FRTJF, FRTSF, FTPSF, FTRSF
Fortis Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 40-F on Feb 12, 2026
$54.90−0.86 (-1.54%)
Close on Oct 19, 2026
Fortis statistics
Financials through Jun 30, 2026, price-based ratios appear once a share price is available, median of Electric Services companies for comparison
Valuation
| Measure | Fortis | Industry median |
|---|---|---|
| Market Cap | C$39.74B | C$24.46B |
| Enterprise Value | C$77.51B | C$50.51B |
| PE Ratio | 23.04 | 23.04 |
| PS Ratio | 3.27 | 3.27 |
| PB Ratio | 1.57 | 2.52 |
| P/TBV Ratio | 3.75 | 3.42 |
| P/OCF Ratio | 9.78 | 11.82 |
Enterprise value
| Measure | Fortis | Industry median |
|---|---|---|
| EV / Sales | 6.37 | 5.13 |
| EV / EBITDA | 13.97 | 13.11 |
| EV / EBIT | 22.20 | 22.38 |
Income (trailing twelve months)
| Measure | Fortis | Industry median |
|---|---|---|
| Revenue | C$12.17B | C$9.04B |
| Gross Profit | C$8.80B | C$4.56B |
| Operating Income | C$3.49B | C$2.87B |
| Pretax Income | C$2.35B | C$1.57B |
| EBITDA | C$5.55B | C$4.41B |
| EPS (Diluted) | 3.40 CAD | 3.33 CAD |
Margins
| Measure | Fortis | Industry median |
|---|---|---|
| Gross Margin | 72.3% | 59.0% |
| Operating Margin | 28.7% | 26.7% |
| Pretax Margin | 19.3% | 17.3% |
| EBITDA Margin | 45.6% | 41.4% |
| FCF Margin | -15.4% | -15.4% |
Returns
| Measure | Fortis | Industry median |
|---|---|---|
| Return on Invested Capital (ROIC) | 4.94% | 5.92% |
| Return on Capital Employed (ROCE) | 4.90% | 5.69% |
Growth
| Measure | Fortis | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 5.75% | 7.19% |
| EPS Growth (YoY) | 4.94% | 4.94% |
| Revenue Growth (3Y CAGR) | 3.29% | 4.97% |
| Revenue Growth (5Y CAGR) | 6.37% | 5.39% |
| EPS Growth (3Y CAGR) | 6.94% | |
| EPS Growth (5Y CAGR) | 5.51% |
Balance sheet
| Measure | Fortis | Industry median |
|---|---|---|
| Cash & Short-Term Investments | C$384.00M | C$349.00M |
| Total Debt | C$35.98B | C$19.12B |
| Net Cash (Debt) | -C$35.60B | -C$18.57B |
| Net Cash Per Share | -70.16 CAD | -30.96 CAD |
| Equity (Book Value) | C$25.30B | C$13.38B |
| Book Value Per Share | 49.86 CAD | 25.71 CAD |
| Tangible Book Value | C$10.60B | C$7.91B |
| Working Capital | -C$3.26B | -C$2.24B |
Financial position
| Measure | Fortis | Industry median |
|---|---|---|
| Current Ratio | 0.56 | 0.61 |
| Quick Ratio | 0.05 | 0.30 |
| Debt / Equity | 1.42 | 1.51 |
| Debt / EBITDA | 6.48 | 5.56 |
| Net Debt / EBITDA | 6.42 | 5.40 |
| Interest Coverage | 2.36 | 2.04 |
Cash flow (trailing twelve months)
| Measure | Fortis | Industry median |
|---|---|---|
| Operating Cash Flow | C$4.06B | C$2.70B |
| Capital Expenditures | -C$5.94B | -C$3.53B |
| Free Cash Flow | -C$1.88B | -C$1.73B |
| FCF Per Share | -3.71 CAD | -2.55 CAD |
Efficiency
| Measure | Fortis | Industry median |
|---|---|---|
| Asset Turnover | 0.16 | 0.20 |
Dividends and yields
| Measure | Fortis | Industry median |
|---|---|---|
| FCF Yield | -4.73% | -4.73% |
| Dividend Yield | 3.20% | |
| Buyback Yield | -0.15% | -0.13% |
| Shareholder Yield | 3.05% | 3.05% |
| Dividend Per Share | 2.51 CAD | |
| Dividend Growth (YoY) | 4.15% | |
| Years of Dividend Growth | 10 |
Shares
| Measure | Fortis | Industry median |
|---|---|---|
| Shares Outstanding | 507,340,000 | 507,340,000 |
| Shares Change (YoY) | 1.72% | 0.10% |
| Float | 507,325,000 | 507,325,000 |
| Shares Held by Insiders | 0.00% | 0.00% |
| Shares Held by Institutions | 52.2% | 58.9% |
Taxes
| Measure | Fortis | Industry median |
|---|---|---|
| Income Tax | C$393.00M | C$81.00M |
| Effective Tax Rate | 16.7% | 10.4% |
Scores
| Measure | Fortis | Industry median |
|---|---|---|
| Graham Number | 61.76 CAD | 53.19 CAD |
| Graham Upside | -21.2% | -21.2% |
| Altman Z-Score | 0.81 | 0.81 |
Calculated by StockData from Fortis's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.