Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $19.97 billion. The enterprise value is $42.07 billion.
Market Cap | 19.97B |
Enterprise Value | 42.07B |
Important Dates
The next confirmed earnings date is Wednesday, July 31, 2024, before market open.
Earnings Date | Jul 31, 2024 |
Ex-Dividend Date | May 16, 2024 |
Share Statistics
Fortis has 493.00 million shares outstanding. The number of shares has increased by 1.75% in one year.
Shares Outstanding | 493.00M |
Shares Change (YoY) | +1.75% |
Shares Change (QoQ) | +0.43% |
Owned by Insiders (%) | 0.04% |
Owned by Institutions (%) | 57.53% |
Float | 492.21M |
Valuation Ratios
The trailing PE ratio is 17.79 and the forward PE ratio is 12.43. Fortis's PEG ratio is 2.91.
PE Ratio | 17.79 |
Forward PE | 12.43 |
PS Ratio | 2.40 |
Forward PS | n/a |
PB Ratio | 1.24 |
P/FCF Ratio | n/a |
PEG Ratio | 2.91 |
Enterprise Valuation
EV / Earnings | 37.44 |
EV / Sales | 5.06 |
EV / EBITDA | 16.38 |
EV / EBIT | 29.53 |
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 | 8.77 |
Debt / FCF | n/a |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.00% and return on invested capital (ROIC) is 4.81%.
Return on Equity (ROE) | 7.00% |
Return on Assets (ROA) | 2.30% |
Return on Capital (ROIC) | 4.81% |
Revenue Per Employee | $904,412 |
Profits Per Employee | $122,123 |
Employee Count | 9,200 |
Asset Turnover | 0.17 |
Inventory Turnover | 11.44 |
Taxes
In the past 12 months, Fortis has paid $262.62 million in taxes.
Income Tax | 262.62M |
Effective Tax Rate | 18.95% |
Stock Price Statistics
The stock price has decreased by -5.97% in the last 52 weeks. The beta is 0.19, so Fortis's price volatility has been lower than the market average.
Beta (5Y) | 0.19 |
52-Week Price Change | -5.97% |
50-Day Moving Average | 39.76 |
200-Day Moving Average | 39.86 |
Relative Strength Index (RSI) | 61.83 |
Average Volume (20 Days) | 494,726 |
Short Selling Information
The latest short interest is 10.12 million, so 2.05% of the outstanding shares have been sold short.
Short Interest | 10.12M |
Short Previous Month | 9.66M |
Short % of Shares Out | 2.05% |
Short % of Float | 2.06% |
Short Ratio (days to cover) | 17.32 |
Income Statement
In the last 12 months, Fortis had revenue of $8.32 billion and earned $1.12 billion in profits. Earnings per share was $2.28.
Revenue | 8.32B |
Gross Profit | 3.59B |
Operating Income | 2.28B |
Pretax Income | 1.42B |
Net Income | 1.12B |
EBITDA | 2.57B |
EBIT | 1.42B |
Earnings Per Share (EPS) | $2.28 |
Balance Sheet
The company has $413.93 million in cash and $22.52 billion in debt, giving a net cash position of -$22.10 billion or -$44.83 per share.
Cash & Cash Equivalents | 413.93M |
Total Debt | 22.52B |
Net Cash | -22.10B |
Net Cash Per Share | -$44.83 |
Equity (Book Value) | 16.11B |
Book Value Per Share | 32.67 |
Working Capital | -1.90B |
Cash Flow
In the last 12 months, operating cash flow was $2.47 billion and capital expenditures -$3.01 billion, giving a free cash flow of -$536.87 million.
Operating Cash Flow | 2.47B |
Capital Expenditures | -3.01B |
Free Cash Flow | -536.87M |
FCF Per Share | -$1.09 |
Margins
Gross margin is 43.14%, with operating and profit margins of 27.37% and 13.50%.
Gross Margin | 43.14% |
Operating Margin | 27.37% |
Pretax Margin | 17.12% |
Profit Margin | 13.50% |
EBITDA Margin | 30.87% |
EBIT Margin | 17.12% |
FCF Margin | -6.45% |
Dividends & Yields
This stock pays an annual dividend of $1.73, which amounts to a dividend yield of 4.28%.
Dividend Per Share | $1.73 |
Dividend Yield | 4.28% |
Dividend Growth (YoY) | 2.51% |
Years of Dividend Growth | 7 |
Payout Ratio | 76.13% |
Buyback Yield | -1.75% |
Shareholder Yield | 2.53% |
Earnings Yield | 5.63% |
FCF Yield | -2.69% |
Analyst Forecast
The average price target for Fortis is $61.25, which is 51.24% higher than the current price. The consensus rating is "Buy".
Price Target | $61.25 |
Price Target Difference | 51.24% |
Analyst Consensus | Buy |
Analyst Count | 2 |
Revenue Growth Forecast (5Y) | 4.02% |
EPS Growth Forecast (5Y) | 5.43% |
Stock Splits
The last stock split was on October 13, 2005. It was a forward split with a ratio of 4:1.
Last Split Date | Oct 13, 2005 |
Split Type | Forward |
Split Ratio | 4:1 |
Scores
Fortis has an Altman Z-Score of 0.69 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.69 |
Piotroski F-Score | 6 |