Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD

55.05

+0.01 (0.02%)

At close: Sep 2, 2026, 4:00 PM EDT

55.05

0.00 (0.00%)

After-hours: Sep 2, 2026, 4:01 PM EDT

Fortis Financials Overview

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Revenue	12,351	12,170	11,508	11,517	11,043	9,448
Revenue Growth	4.03%	5.75%	-0.08%	4.29%	16.88%	5.74%
Net Income	1,728	1,714	1,606	1,506	1,330	1,231
Earnings Per Share	3.40	3.40	3.24	3.10	2.78	2.61
EPS Growth	0.01%	4.94%	4.62%	11.44%	6.47%	0.39%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Regulated	12,337	12,139	11,473	11,433	10,892	9,350
Energy Infrastructure	-	31	35	84	151	98
Revenue (Total)	12,351	12,170	11,508	11,517	11,043	9,448

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Investments	384	367	220	625	209	131
Total Debt	36,327	34,694	33,723	30,043	29,046	25,959
Net Cash (Debt)	-35,943	-34,327	-33,503	-29,418	-28,837	-25,828
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-70.83	-68.15	-67.66	-60.47	-60.20	-54.79

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	4,277	4,062	3,882	3,545	3,074	2,907
Capital Expenditures	-6,084	-5,942	-5,012	-3,986	-3,587	-3,189
Free Cash Flow	-1,807	-1,880	-1,130	-441	-513	-282
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Pretax Margin	19.06%	19.34%	18.89%	17.97%	16.33%	17.35%
Profit Margin	13.99%	14.08%	13.96%	13.08%	12.04%	13.03%
FCF Margin	-14.63%	-15.45%	-9.82%	-3.83%	-4.64%	-2.99%

Dividends

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
Dividend Per Share	1.853	2.485	2.390	2.290	2.170	2.050
Dividend Per Share Growth	5.59%	3.98%	4.37%	5.53%	5.85%	5.81%
Dividend Yield	3.37%	3.58%	4.25%	4.67%	4.62%	4.02%

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
PE Ratio	22.99	20.88	18.57	17.68	19.57	23.45
PS Ratio	3.22	2.94	2.59	2.31	2.36	3.06