Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $22.19 billion. The enterprise value is $46.93 billion.
Important Dates
The last earnings date was Tuesday, November 5, 2024, before market open.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Nov 18, 2024 |
Share Statistics
Fortis has 497.29 million shares outstanding. The number of shares has increased by 1.72% in one year.
| Current Share Class | 497.29M |
| Shares Outstanding | 497.29M |
| Shares Change (YoY) | +1.72% |
| Shares Change (QoQ) | +0.47% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 496.50M |
Valuation Ratios
The trailing PE ratio is 18.81 and the forward PE ratio is 18.67.
| PE Ratio | 18.81 |
| Forward PE | 18.67 |
| PS Ratio | n/a |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/TBV Ratio | 4.34 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 8.18 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 39.97 |
| EV / Sales | 5.54 |
| EV / EBITDA | 12.29 |
| EV / EBIT | 19.35 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.74, with a Debt / Equity ratio of 1.31.
| Current Ratio | 0.74 |
| Quick Ratio | 0.45 |
| Debt / Equity | 1.31 |
| Debt / EBITDA | 6.17 |
| Debt / FCF | n/a |
| Interest Coverage | 47.49 |
Financial Efficiency
Return on equity (ROE) is 7.54% and return on invested capital (ROIC) is 3.71%.
| Return on Equity (ROE) | 7.54% |
| Return on Assets (ROA) | 3.01% |
| Return on Capital (ROIC) | 3.71% |
| Revenue Per Employee | $920,769 |
| Profits Per Employee | $127,607 |
| Employee Count | 9,200 |
| Asset Turnover | 0.17 |
| Inventory Turnover | 10.64 |
Taxes
In the past 12 months, Fortis has paid $275.36 million in taxes.
| Income Tax | 275.36M |
| Effective Tax Rate | 17.07% |
Stock Price Statistics
The stock price has increased by +8.57% 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 | +8.57% |
| 50-Day Moving Average | 44.39 |
| 200-Day Moving Average | 41.34 |
| Relative Strength Index (RSI) | 57.54 |
| Average Volume (20 Days) | 897,800 |
Short Selling Information
The latest short interest is 7.22 million, so 1.45% of the outstanding shares have been sold short.
| Short Interest | 7.22M |
| Short Previous Month | 8.03M |
| Short % of Shares Out | 1.45% |
| Short % of Float | 1.45% |
| Short Ratio (days to cover) | 19.00 |
Income Statement
In the last 12 months, Fortis had revenue of $8.47 billion and earned $1.17 billion in profits. Earnings per share was $2.38.
| Revenue | 8.47B |
| Gross Profit | 3.77B |
| Operating Income | 2.43B |
| Pretax Income | 1.47B |
| Net Income | 1.17B |
| EBITDA | 3.82B |
| EBIT | 2.43B |
| Earnings Per Share (EPS) | $2.38 |
Full Income StatementBalance Sheet
The company has $663.24 million in cash and $23.70 billion in debt, giving a net cash position of -$23.04 billion or -$46.33 per share.
| Cash & Cash Equivalents | 663.24M |
| Total Debt | 23.70B |
| Net Cash | -23.04B |
| Net Cash Per Share | -$46.33 |
| Equity (Book Value) | 18.06B |
| Book Value Per Share | 31.07 |
| Working Capital | -1.12B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.71 billion and capital expenditures -$3.38 billion, giving a free cash flow of -$649.15 million.
| Operating Cash Flow | 2.71B |
| Capital Expenditures | -3.38B |
| Free Cash Flow | -649.15M |
| FCF Per Share | -$1.31 |
Full Cash Flow StatementMargins
Gross margin is 44.46%, with operating and profit margins of 28.64% and 14.49%.
| Gross Margin | 44.46% |
| Operating Margin | 28.64% |
| Pretax Margin | 19.04% |
| Profit Margin | 14.49% |
| EBITDA Margin | 45.07% |
| EBIT Margin | 28.64% |
| FCF Margin | -8.70% |