Fortis Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	24,213	22,234	20,020	18,241	17,991	20,053
Market Cap Growth	15.79%	11.06%	9.76%	1.39%	-10.28%	28.77%
Enterprise Value	47,774	45,655	43,274	40,900	40,203	39,931
PE Ratio	22.74	20.88	18.57	17.68	19.57	23.45
PS Ratio	3.20	2.94	2.59	2.31	2.36	3.06
PB Ratio	1.51	1.38	1.15	1.14	1.14	1.38
P/OCF Ratio	9.60	8.81	7.68	7.51	8.47	9.93
EV/Sales Ratio	6.33	6.04	5.60	5.18	5.27	6.08
EV/EBITDA Ratio	13.55	13.06	12.18	12.14	12.92	14.30
EV/EBIT Ratio	21.49	20.58	19.16	18.98	20.53	22.86
Debt / Equity Ratio	1.34	1.34	1.30	1.29	1.27	1.24
Debt / EBITDA Ratio	6.11	6.11	6.32	6.06	6.41	6.42
Net Debt / Equity Ratio	1.33	1.33	1.30	1.26	1.26	1.24
Net Debt / EBITDA Ratio	6.10	6.10	6.33	5.98	6.41	6.43
Net Debt / FCF Ratio	-18.26	-18.26	-29.65	-66.71	-56.21	-91.59
Quick Ratio	0.25	0.25	0.31	0.38	0.30	0.29
Current Ratio	0.51	0.51	0.63	0.68	0.65	0.57
Asset Turnover	0.16	0.16	0.17	0.18	0.18	0.17
Return on Equity (ROE)	7.58%	7.58%	7.43%	7.41%	6.92%	6.82%
Return on Assets (ROA)	3.01%	3.01%	3.02%	3.02%	2.90%	2.78%
Return on Capital Employed (ROCE)	5.30%	5.30%	5.00%	5.20%	4.90%	4.80%
Earnings Yield	4.40%	5.03%	5.63%	5.91%	5.36%	4.48%
FCF Yield	-4.82%	-5.25%	-3.79%	-1.66%	-1.97%	-0.98%
Dividend Yield	3.28%	3.54%	4.20%	4.64%	4.50%	4.02%
Payout Ratio	48.53%	48.53%	48.69%	48.82%	52.87%	51.85%
Buyback Yield / Dilution	-1.72%	-1.72%	-1.79%	-1.57%	-1.61%	-1.29%
Total Shareholder Return	1.57%	1.82%	2.41%	3.07%	2.89%	2.73%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.