Fortis Inc. (FTS)
NYSE: FTS · Real-Time Price · USD
58.84
+0.28 (0.48%)
At close: Jul 24, 2026, 4:00 PM EDT
60.01
+1.17 (1.99%)
After-hours: Jul 24, 2026, 7:49 PM EDT

Fortis Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12,23512,17011,50811,51711,0439,448
Revenue Growth
4.32%5.75%-0.08%4.29%16.88%5.74%
Gross Profit
5,5685,5495,2194,8574,4083,974
Operating Income
3,4943,4923,2923,0842,7402,469
Net Income
1,7161,7141,6061,5061,3301,231
Earnings Per Share
3.393.403.243.102.782.61
EPS Growth
2.42%4.94%4.52%11.51%6.51%0.39%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Regulated
12,21312,13911,47311,43310,8929,350
Energy Infrastructure
-31358415198
Revenue (Total)
12,23512,17011,50811,51711,0439,448

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
359367220625209131
Total Debt
35,41134,62933,65529,98929,00125,915
Net Cash (Debt)
-35,052-34,262-33,435-29,364-28,792-25,784
Net Cash Growth
------
Net Cash Per Share
-69.32-68.02-67.52-60.36-60.11-54.70

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,9524,0623,8823,5453,0742,907
Capital Expenditures
-5,962-5,942-5,012-3,986-3,587-3,189
Free Cash Flow
-2,010-1,880-1,130-441-513-282
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
45.51%45.60%45.35%42.17%39.92%42.06%
Operating Margin
28.56%28.69%28.61%26.78%24.81%26.13%
Pretax Margin
19.24%19.34%18.89%17.97%16.33%17.35%
Profit Margin
16.06%16.11%15.88%14.85%13.71%14.87%
FCF Margin
-16.43%-15.45%-9.82%-3.83%-4.65%-2.98%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.8372.4852.3902.2902.1702.050
Dividend Per Share Growth
5.42%3.98%4.37%5.53%5.85%5.81%
Dividend Yield
3.12%2.20%2.52%2.64%2.59%2.12%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
24.4120.9718.4117.6019.5423.38
PS Ratio
3.422.972.592.322.373.07