Fortis Inc. (FTS)
NYSE: FTS · Real-Time Price · USD
48.11
-0.07 (-0.15%)
Apr 21, 2025, 4:00 PM EDT - Market closed

Fortis Statistics

Total Valuation

Fortis has a market cap or net worth of $24.13 billion. The enterprise value is $50.95 billion.

Market Cap 24.13B
Enterprise Value 50.95B

Important Dates

The next confirmed earnings date is Wednesday, May 7, 2025, before market open.

Earnings Date May 7, 2025
Ex-Dividend Date May 16, 2025

Share Statistics

Fortis has 501.59 million shares outstanding. The number of shares has increased by 1.79% in one year.

Current Share Class 501.59M
Shares Outstanding 501.59M
Shares Change (YoY) +1.79%
Shares Change (QoQ) +0.42%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 500.76M

Valuation Ratios

The trailing PE ratio is 21.37 and the forward PE ratio is 20.01.

PE Ratio 21.37
Forward PE 20.01
PS Ratio 3.02
Forward PS n/a
PB Ratio 1.34
P/TBV Ratio 4.68
P/FCF Ratio n/a
P/OCF Ratio 8.94
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 45.64
EV / Sales 6.37
EV / EBITDA 13.85
EV / EBIT 21.78
EV / FCF n/a

Financial Position

The company has a current ratio of 0.63, with a Debt / Equity ratio of 1.30.

Current Ratio 0.63
Quick Ratio 0.31
Debt / Equity 1.30
Debt / EBITDA 6.32
Debt / FCF n/a
Interest Coverage 2.27

Financial Efficiency

Return on equity (ROE) is 7.43% and return on invested capital (ROIC) is 3.72%.

Return on Equity (ROE) 7.43%
Return on Assets (ROA) 3.02%
Return on Invested Capital (ROIC) 3.72%
Return on Capital Employed (ROCE) 4.99%
Revenue Per Employee $869,360
Profits Per Employee $121,324
Employee Count 9,200
Asset Turnover 0.17
Inventory Turnover 10.05

Taxes

In the past 12 months, Fortis has paid $240.47 million in taxes.

Income Tax 240.47M
Effective Tax Rate 15.92%

Stock Price Statistics

The stock price has increased by +24.46% in the last 52 weeks. The beta is 0.31, so Fortis's price volatility has been lower than the market average.

Beta (5Y) 0.31
52-Week Price Change +24.46%
50-Day Moving Average 44.99
200-Day Moving Average 43.58
Relative Strength Index (RSI) 65.42
Average Volume (20 Days) 713,423

Short Selling Information

The latest short interest is 6.75 million, so 1.35% of the outstanding shares have been sold short.

Short Interest 6.75M
Short Previous Month 8.20M
Short % of Shares Out 1.35%
Short % of Float 1.35%
Short Ratio (days to cover) 12.27

Income Statement

In the last 12 months, Fortis had revenue of $8.00 billion and earned $1.12 billion in profits. Earnings per share was $2.25.

Revenue 8.00B
Gross Profit 3.63B
Operating Income 2.34B
Pretax Income 1.47B
Net Income 1.12B
EBITDA 3.68B
EBIT 2.34B
Earnings Per Share (EPS) $2.25
Full Income Statement

Balance Sheet

The company has $152.90 million in cash and $23.44 billion in debt, giving a net cash position of -$23.28 billion or -$46.42 per share.

Cash & Cash Equivalents 152.90M
Total Debt 23.44B
Net Cash -23.28B
Net Cash Per Share -$46.42
Equity (Book Value) 17.97B
Book Value Per Share 30.88
Working Capital -1.56B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.70 billion and capital expenditures -$3.48 billion, giving a free cash flow of -$816.56 million.

Operating Cash Flow 2.70B
Capital Expenditures -3.48B
Free Cash Flow -816.56M
FCF Per Share -$1.63
Full Cash Flow Statement

Margins

Gross margin is 45.35%, with operating and profit margins of 29.24% and 14.60%.

Gross Margin 45.35%
Operating Margin 29.24%
Pretax Margin 18.89%
Profit Margin 14.60%
EBITDA Margin 45.99%
EBIT Margin 29.24%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 3.58%.

Dividend Per Share $1.72
Dividend Yield 3.58%
Dividend Growth (YoY) 0.13%
Years of Dividend Growth 4
Payout Ratio 76.38%
Buyback Yield -1.79%
Shareholder Yield 1.81%
Earnings Yield 4.63%
FCF Yield -3.38%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) 4.00%
EPS Growth Forecast (5Y) 5.34%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4