Fortis Inc. (TSX: FTS)
Canada flag Canada · Delayed Price · Currency is CAD
55.49
-0.07 (-0.13%)
May 17, 2024, 3:59 PM EDT

Fortis Statistics

Total Valuation

Fortis has a market cap or net worth of 27.36 billion. The enterprise value is 57.74 billion.

Market Cap 27.36B
Enterprise Value 57.74B

Important Dates

The next estimated earnings date is Wednesday, July 31, 2024.

Earnings Date Jul 31, 2024
Ex-Dividend Date May 16, 2024

Share Statistics

Fortis has 493.01 million shares outstanding. The number of shares has increased by 1.74% in one year.

Shares Outstanding 493.01M
Shares Change (YoY) +1.74%
Shares Change (QoQ) +0.52%
Owned by Insiders (%) 0.04%
Owned by Institutions (%) 57.43%
Float 492.21M

Valuation Ratios

The trailing PE ratio is 17.73 and the forward PE ratio is 16.16. Fortis's PEG ratio is 2.92.

PE Ratio 17.73
Forward PE 16.16
PS Ratio 2.42
Forward PS n/a
PB Ratio 1.24
P/FCF Ratio n/a
PEG Ratio 2.92
Financial Ratio History

Enterprise Valuation

EV / Earnings 37.79
EV / Sales 5.10
EV / EBITDA 11.43
EV / EBIT 17.78
EV / FCF n/a

Financial Position

The company has a current ratio of 0.60, with a Debt / Equity ratio of 1.40.

Current Ratio 0.60
Quick Ratio 0.38
Debt / Equity 1.40
Debt / EBITDA 6.13
Debt / FCF n/a
Interest Coverage 2.60

Financial Efficiency

Return on equity (ROE) is 6.90% and return on invested capital (ROIC) is 4.88%.

Return on Equity (ROE) 6.90%
Return on Assets (ROA) 2.26%
Return on Capital (ROIC) 4.88%
Revenue Per Employee 1.23M
Profits Per Employee 166,087
Employee Count 9,200
Asset Turnover 0.17
Inventory Turnover 13.75

Taxes

In the past 12 months, Fortis has paid 361.00 million in taxes.

Income Tax 361.00M
Effective Tax Rate 19.11%

Stock Price Statistics

The stock price has decreased by -5.32% in the last 52 weeks. The beta is 0.18, so Fortis's price volatility has been lower than the market average.

Beta (1Y) 0.18
52-Week Price Change -5.32%
50-Day Moving Average 53.74
200-Day Moving Average 54.15
Relative Strength Index (RSI) 62.60
Average Volume (30 Days) 1,653,987

Short Selling Information

The latest short interest is 7.40 million, so 1.50% of the outstanding shares have been sold short.

Short Interest 7.40M
Short Previous Month 7.07M
Short % of Shares Out 1.50%
Short % of Float 1.50%
Short Ratio (days to cover) 4.92

Income Statement

In the last 12 months, Fortis had revenue of 11.32 billion and earned 1.53 billion in profits. Earnings per share was 3.13.

Revenue 11.32B
Gross Profit 6.62B
Operating Income 3.13B
Pretax Income 2.10B
Net Income 1.53B
EBITDA 5.05B
EBIT 3.25B
Earnings Per Share (EPS) 3.13
Full Income Statement

Balance Sheet

The company has 569.00 million in cash and 30.95 billion in debt, giving a net cash position of -30.38 billion or -61.63 per share.

Cash & Cash Equivalents 569.00M
Total Debt 30.95B
Net Cash -30.38B
Net Cash Per Share -61.63
Equity / Book Value 22.14B
Book Value Per Share 44.91
Working Capital -2.62B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.40 billion and capital expenditures -4.33 billion, giving a free cash flow of -930.00 million.

Operating Cash Flow 3.40B
Capital Expenditures -4.33B
Free Cash Flow -930.00M
FCF Per Share -1.89
Full Cash Flow Statement

Margins

Gross margin is 58.46%, with operating and profit margins of 27.66% and 13.50%.

Gross Margin 58.46%
Operating Margin 27.66%
Pretax Margin 18.55%
Profit Margin 13.50%
EBITDA Margin 44.64%
EBIT Margin 28.70%
FCF Margin -8.22%

Dividends & Yields

This stock pays an annual dividend of 2.34, which amounts to a dividend yield of 4.21%.

Dividend Per Share 2.34
Dividend Yield 4.21%
Dividend Growth (YoY) 4.71%
Years of Dividend Growth 34
Payout Ratio 74.60%
Buyback Yield -1.74%
Shareholder Yield 2.47%
Earnings Yield 5.59%
FCF Yield -3.40%
Dividend Details

Analyst Forecast

Price Target 58.07
Price Target Difference 4.65%
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on October 12, 2005. It was a forward split with a ratio of 4:1.

Last Split Date Oct 12, 2005
Split Type Forward
Split Ratio 4:1