FTS

Fortis Inc. · NYSE · Utilities · USD · 40-F for 2025, filed 2026-02-12

Figures on this page computed 2026-11-08 13:12 UTC

Last close

60.93USD

Market data, 2026-11-04

FTS: weekly closes from 56.68 on 2026-08-14 to 60.93 on 2026-11-04, a move of +7.5%. Prices in USD.

Weekly closes, 2026-08-14 to 2026-11-04

Over that span: +7.5%

Except where said otherwise: 40-F for 2025, filed 2026-02-12

  • 22.1xP/E

    Price / Earnings per Share (diluted)

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • computed
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • n/aROIC

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • 16.1%Net margin

    Net Income / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • n/aFCF margin

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Free Cash Flow / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • n/aDebt/equity

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Total Debt / Shareholders' Equity

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • n/aDividend yield

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed

It reports in CAD and trades in USD. Nothing on this page is converted between the two.

The filed years, as a table

10

Each line is 100 at 2016-12-31, the first year we hold.

Filed yearSalesProfit
2016-12-31100.0100.0
2017-12-31121.4157.8
2018-12-31122.7180.4
2019-12-31128.4259.7
2020-12-31130.7194.8
2021-12-31138.2197.1
2022-12-31161.5212.3
2023-12-31168.4239.8
2024-12-31168.3256.4
2025-12-31178.0275.0
How sales was got
Source
filed
Statement
income
Fiscal year
2025
Accession
0001666175-26-000013
Reported in
CAD

The filing itself

How profit was got
Source
filed
Statement
income
Fiscal year
2025
Accession
0001666175-26-000013
Reported in
CAD

The filing itself

Figures behind the shape

Growth

6.4%

faster is higher, placed against 4,950 companies as of 2026-11-07

  • Five-year revenue growth rate6.4%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed
  • Five-year EPS growth raten/a

    We do not hold this figure for this company, so there is nothing to place.

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed
  • One-year change in net income7.3%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed

Returns on capital

2.6%

higher is higher, placed against 5,089 companies as of 2026-11-07

  • Return on invested capitaln/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Return on equityn/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Net Income / Shareholders' Equity x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Return on assets2.6%

    Net Income / Total Assets x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

Margins

72.3%

wider is higher, placed against 4,336 companies as of 2026-11-07

  • Gross margin72.3%

    Gross Profit / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Operating margin28.7%

    Operating Income / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Net margin16.1%

    Net Income / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Free cash flow marginn/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Free Cash Flow / Revenue x 100

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

Price

22.1x

cheaper is higher, placed against 4,362 companies as of 2026-11-07

  • Price to earnings22.1x

    Price / Earnings per Share (diluted)

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • computed
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Price to book1.8x

    Price / Book Value per Share, where BVPS = Shareholders' Equity / Diluted Shares

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • computed
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • EV to EBITDA14.0x

    Enterprise Value / EBITDA, where EV = Market Cap + Total Debt - Cash

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • computed
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Price to sales ratio3.6x

    Market Cap / Revenue, where Market Cap = Price x Diluted Shares

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • computed
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

Safety

0.51

safer is higher, placed against 3,227 companies as of 2026-11-07

  • Debt to equityn/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Total Debt / Shareholders' Equity

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Current ratio0.51

    Current Assets / Current Liabilities

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Interest coveragen/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Operating Income / Interest Expense

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Altman Z-Score0.88

    1.2 x A + 1.4 x B + 3.3 x C + 0.6 x D + 1.0 x E (A=WC/TA, B=RE/TA, C=EBIT/TA, D=MktCap/TL, E=Rev/TA)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • Computed from the 40-F for 2025, filed 2026-02-12
    • Computed from the 40-F for 2025, filed 2026-02-12
    • Computed from the 40-F for 2025, filed 2026-02-12
    • Computed from the 40-F for 2025, filed 2026-02-12
    • Computed from the 40-F for 2025, filed 2026-02-12

What it pays out

-2.4x

more, and better covered, is higher, placed against 1,091 companies as of 2026-11-07

  • Dividend yieldn/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed
  • Payout ration/a

    This figure is scaled by the business model rather than by management, so it can only be read against its own sector. We do not hold a large enough sector cohort, and we will not fall back to the whole market.

    Common Dividends Paid / Net Income x 100, both from the latest filed fiscal year

    Source
    computed
    Fiscal year
    2025
    Accession
    0001666175-26-000013
    Reported in
    USD
    • 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12
    • Computed from the 40-F for 2025, filed 2026-02-12
    • 40-F for 2025, filed 2026-02-12

    The filing itself

  • Dividend cover ratio-2.4x
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    USD
    • computed

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