Fortis Inc. (TSX:FTS)
Canada · Delayed Price · Currency is CAD 76.20
-0.19 (-0.25%)
Sep 2, 2026, 4:00 PM EST
Fortis Ratios and Metrics
Market cap in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
| 38,796 | 35,794 | 29,823 | 26,627 | 26,023 | 28,861 | |
Market Cap Growth | 13.16% | 20.02% | 12.00% | 2.32% | -9.83% | 18.91% |
Enterprise Value | 78,529 | 73,499 | 64,462 | 59,703 | 58,150 | 57,469 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
PE Ratio | 22.41 | 20.88 | 18.57 | 17.68 | 19.57 | 23.45 |
PS Ratio | 3.14 | 2.94 | 2.59 | 2.31 | 2.36 | 3.06 |
PB Ratio | 1.41 | 1.38 | 1.15 | 1.14 | 1.14 | 1.38 |
P/OCF Ratio | 9.07 | 8.81 | 7.68 | 7.51 | 8.47 | 9.93 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
EV/Sales Ratio | 6.36 | 6.04 | 5.60 | 5.18 | 5.27 | 6.08 |
EV/EBITDA Ratio | 13.64 | 13.06 | 12.18 | 12.14 | 12.92 | 14.30 |
EV/EBIT Ratio | 21.77 | 20.58 | 19.16 | 18.98 | 20.53 | 22.86 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
Debt / Equity Ratio | 1.32 | 1.34 | 1.30 | 1.29 | 1.27 | 1.24 |
Debt / EBITDA Ratio | 6.33 | 6.11 | 6.32 | 6.06 | 6.41 | 6.42 |
Net Debt / Equity Ratio | 1.31 | 1.33 | 1.30 | 1.26 | 1.26 | 1.24 |
Net Debt / EBITDA Ratio | 6.31 | 6.10 | 6.33 | 5.98 | 6.41 | 6.43 |
Net Debt / FCF Ratio | -19.89 | -18.26 | -29.65 | -66.71 | -56.21 | -91.59 |
Quick Ratio | 0.30 | 0.25 | 0.31 | 0.38 | 0.30 | 0.29 |
Current Ratio | 0.56 | 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) | 7.47% | 7.58% | 7.43% | 7.41% | 6.92% | 6.82% |
Return on Assets (ROA) | 2.96% | 3.01% | 3.02% | 3.02% | 2.90% | 2.78% |
Return on Capital Employed (ROCE) | 5.00% | 5.30% | 5.00% | 5.20% | 4.90% | 4.80% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
Earnings Yield | 4.45% | 5.03% | 5.63% | 5.91% | 5.36% | 4.48% |
FCF Yield | -4.66% | -5.25% | -3.79% | -1.66% | -1.97% | -0.98% |
Dividend Yield | 3.37% | 3.57% | 4.25% | 4.66% | 4.62% | 4.02% |
Payout Ratio | 50.25% | 48.53% | 48.69% | 48.82% | 52.87% | 51.85% |
Buyback Yield / Dilution | -1.59% | -1.72% | -1.79% | -1.57% | -1.61% | -1.29% |
Total Shareholder Return | 1.78% | 1.85% | 2.47% | 3.09% | 3.01% | 2.73% |