Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $21.20 billion. The enterprise value is $46.17 billion.
Important Dates
The next confirmed earnings date is Tuesday, November 5, 2024, before market open.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Nov 18, 2024 |
Share Statistics
Fortis has 495.20 million shares outstanding. The number of shares has increased by 1.69% in one year.
| Shares Outstanding | 495.20M |
| Shares Change (YoY) | +1.69% |
| Shares Change (QoQ) | +0.49% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 496.49M |
Valuation Ratios
The trailing PE ratio is 18.54 and the forward PE ratio is 17.21.
| PE Ratio | 18.54 |
| Forward PE | 17.21 |
| PS Ratio | n/a |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 40.38 |
| EV / Sales | 5.55 |
| EV / EBITDA | 12.33 |
| EV / EBIT | 19.26 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.69, with a Debt / Equity ratio of 1.29.
| Current Ratio | 0.69 |
| Quick Ratio | 0.41 |
| Debt / Equity | 1.29 |
| Debt / EBITDA | 6.15 |
| Debt / FCF | n/a |
| Interest Coverage | 72.89 |
Financial Efficiency
Return on equity (ROE) is 7.44% and return on invested capital (ROIC) is 3.76%.
| Return on Equity (ROE) | 7.44% |
| Return on Assets (ROA) | 3.09% |
| Return on Capital (ROIC) | 3.76% |
| Revenue Per Employee | $904,732 |
| Profits Per Employee | $124,289 |
| Employee Count | 9,200 |
| Asset Turnover | 0.17 |
| Inventory Turnover | 11.21 |
Taxes
In the past 12 months, Fortis has paid $278.38 million in taxes.
| Income Tax | 278.38M |
| Effective Tax Rate | 17.64% |
Stock Price Statistics
The stock price has increased by +2.38% in the last 52 weeks. The beta is 0.23, so Fortis's price volatility has been lower than the market average.
| Beta (5Y) | 0.23 |
| 52-Week Price Change | +2.38% |
| 50-Day Moving Average | 44.44 |
| 200-Day Moving Average | 41.08 |
| Relative Strength Index (RSI) | 31.51 |
| Average Volume (20 Days) | 492,835 |
Short Selling Information
The latest short interest is 7.22 million, so 1.46% of the outstanding shares have been sold short.
| Short Interest | 7.22M |
| Short Previous Month | 10.01M |
| Short % of Shares Out | 1.46% |
| Short % of Float | 1.45% |
| Short Ratio (days to cover) | 13.46 |
Income Statement
In the last 12 months, Fortis had revenue of $8.32 billion and earned $1.14 billion in profits. Earnings per share was $2.33.
| Revenue | 8.32B |
| Gross Profit | 3.70B |
| Operating Income | 2.40B |
| Pretax Income | 1.47B |
| Net Income | 1.14B |
| EBITDA | 3.74B |
| EBIT | 2.40B |
| Earnings Per Share (EPS) | $2.33 |
Full Income StatementBalance Sheet
The company has $409.89 million in cash and $23.17 billion in debt, giving a net cash position of -$22.76 billion or -$45.95 per share.
| Cash & Cash Equivalents | 409.89M |
| Total Debt | 23.17B |
| Net Cash | -22.76B |
| Net Cash Per Share | -$45.95 |
| Equity (Book Value) | 18.02B |
| Book Value Per Share | 31.17 |
| Working Capital | -1.29B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.39 billion and capital expenditures -$3.12 billion, giving a free cash flow of -$725.10 million.
| Operating Cash Flow | 2.39B |
| Capital Expenditures | -3.12B |
| Free Cash Flow | -725.10M |
| FCF Per Share | -$1.46 |
Full Cash Flow StatementMargins
Gross margin is 44.40%, with operating and profit margins of 28.79% and 14.35%.
| Gross Margin | 44.40% |
| Operating Margin | 28.79% |
| Pretax Margin | 18.96% |
| Profit Margin | 14.35% |
| EBITDA Margin | 44.98% |
| EBIT Margin | 28.79% |
| FCF Margin | -8.70% |