Fortis Inc.(FTS) Stock Research - Grey Stern Research
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Fortis Inc. (FTS) Stock Analysis

$48.55 (0.46%)

FTS Financial Performance


Use the table below to view Fortis Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2024

Metric Value Ranking among Peers
Price $48.33 -
52 Week Low $38.15 -
52 Week High $48.94 -
Market Cap $24.2 Billion 6/12
Gross Margin 73% 2/12
Profit Margin 14% 2/12
EBITDA margin 48% 1/12
Q4 - 2024 Revenue $2.2 Billion 6/12
Q4 - 2024 Earnings $312.0 Million 2/12
Q4 - 2024 Free Cash Flow -$549.6 Million 7/12
Trailing 4 Quarters Revenue $8.7 Billion 5/12
Trailing 4 Quarters Earnings $1.3 Billion 3/12
Quarterly Earnings Growth 9% 8/12
Annual Earnings Growth 4% 4/12
Quarterly Revenue Growth 2% 8/12
Annual Revenue Growth 4% 4/12
Cash On Hand $165.4 Million 3/12
Short Term Debt $1.6 Billion 4/12
Long Term Debt $23.8 Billion 2/12

Fortis Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Fortis Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 19.19 9/12
PS 3.73 4/12
PB 1.25 12/12
PC 146.55 10/12
Liabilities to Equity 2.00 11/12
ROA 0.02 7/12
ROE 0.05 12/12
Current Ratio 1.54 2/12
Quick Ratio 0.00 5/12
Long Term Debt to Equity 1.33 6/12
Debt to Equity 1.42 7/12
Burn Rate 0.15 4/12
Cash to Cap 0.01 2/12
CCR -1.76 6/12
EV to EBITDA 36.62 10/12
EV to Revenue 5.98 3/12

Company Details

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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

CEO: Mr. Barry Perry

Website: https://www.fortisinc.com

Address: Fortis Place, Suite 1100, 5 Springdale Street, PO Box 8837 ST. JOHNS, NEWFOUNDLAND AND LABRADOR

Exchange: New York Stock Exchange

Industry: Utilities—Regulated Electric

Fortis Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Fortis Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Alliant Energy Corporation LNT $15.8 Billion
CenterPoint Energy, Inc. CNP $24.7 Billion
Edison International EIX $22.4 Billion
CMS Energy Corporation CMS $22.2 Billion
Pinnacle West Capital Corporation PNW $11.3 Billion
FirstEnergy Corp. FE $24.4 Billion
Public Service Enterprise Group Incorporated PEG $40.7 Billion
Ameren Corporation AEE $26.7 Billion
Entergy Corporation ETR $36.8 Billion
MGE Energy, Inc. MGEE $3.3 Billion
Evergy, Inc. EVRG $15.7 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
FTS Income Statements
Quarter Year Revenue Earnings
Q4 2024 C$ 2.9 Billion C$415.0 Million
Q3 2024 C$ 2.8 Billion C$439.0 Million
Q2 2024 C$ 2.7 Billion C$349.0 Million
Q1 2024 C$ 3.1 Billion C$477.0 Million
Q4 2023 C$ 2.9 Billion C$381.0 Million
Q3 2023 C$ 2.7 Billion C$411.0 Million
Q2 2023 C$ 2.6 Billion C$311.0 Million
Q1 2023 C$ 3.3 Billion C$453.0 Million

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FTS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 C$220.0 Million C$73.5 Billion C$33.7 Billion C$25.9 Billion
Q3 2024 C$896.0 Million C$69.6 Billion C$32.0 Billion C$24.4 Billion
Q2 2024 C$561.0 Million C$68.8 Billion C$31.7 Billion C$24.7 Billion
Q1 2024 C$569.0 Million C$67.6 Billion C$31.0 Billion C$24.0 Billion
Q4 2023 C$625.0 Million C$65.9 Billion C$30.0 Billion C$23.3 Billion
Q3 2023 C$765.0 Million C$66.3 Billion C$30.4 Billion C$21.7 Billion
Q2 2023 C$690.0 Million C$64.1 Billion C$29.5 Billion C$21.4 Billion
Q1 2023 $576.0 Million $64.6 Billion $29.5 Billion $21.3 Billion

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FTS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2024 -C$731.0 Million -C$1.7 Billion -C$676.0 Million
Q3 2024 C$38.0 Million -C$1.3 Billion C$335.0 Million
Q2 2024 -C$298.0 Million -C$1.1 Billion -C$8.0 Million
Q1 2024 -C$345.0 Million -C$1.1 Billion -C$56.0 Million
Q4 2023 -C$504.0 Million -C$1.3 Billion -C$140.0 Million
Q3 2023 -C$43.0 Million -C$983.0 Million C$75.0 Million
Q2 2023 -C$38.0 Million -C$982.0 Million C$114.0 Million
Q1 2023 -C$39.0 Million -C$954.0 Million C$367.0 Million

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