Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $28.91 billion. The enterprise value is $56.23 billion.
Important Dates
The next estimated earnings date is Wednesday, May 6, 2026, before market open.
| Earnings Date | May 6, 2026 |
| Ex-Dividend Date | Feb 17, 2026 |
Share Statistics
Fortis has 507.40 million shares outstanding. The number of shares has increased by 1.72% in one year.
| Current Share Class | 509.13M |
| Shares Outstanding | 507.40M |
| Shares Change (YoY) | +1.72% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 53.48% |
| Float | 507.67M |
Valuation Ratios
The trailing PE ratio is 23.13 and the forward PE ratio is 21.75.
| PE Ratio | 23.13 |
| Forward PE | 21.75 |
| PS Ratio | 3.26 |
| Forward PS | 2.26 |
| PB Ratio | 1.53 |
| P/TBV Ratio | 4.99 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.76 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 44.98 |
| EV / Sales | 6.33 |
| EV / EBITDA | 13.70 |
| EV / EBIT | 21.58 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.51, with a Debt / Equity ratio of 1.34.
| Current Ratio | 0.51 |
| Quick Ratio | 0.25 |
| Debt / Equity | 1.34 |
| Debt / EBITDA | 6.11 |
| Debt / FCF | n/a |
| Interest Coverage | 2.27 |
Financial Efficiency
Return on equity (ROE) is 7.58% and return on invested capital (ROIC) is 3.72%.
| Return on Equity (ROE) | 7.58% |
| Return on Assets (ROA) | 3.01% |
| Return on Invested Capital (ROIC) | 3.72% |
| Return on Capital Employed (ROCE) | 5.31% |
| Weighted Average Cost of Capital (WACC) | 5.33% |
| Revenue Per Employee | $964,778 |
| Profits Per Employee | $135,877 |
| Employee Count | 9,200 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 9.93 |
Taxes
In the past 12 months, Fortis has paid $286.63 million in taxes.
| Income Tax | 286.63M |
| Effective Tax Rate | 16.69% |
Stock Price Statistics
The stock price has increased by +23.18% in the last 52 weeks. The beta is 0.44, so Fortis's price volatility has been lower than the market average.
| Beta (5Y) | 0.44 |
| 52-Week Price Change | +23.18% |
| 50-Day Moving Average | 55.86 |
| 200-Day Moving Average | 51.59 |
| Relative Strength Index (RSI) | 55.22 |
| Average Volume (20 Days) | 787,832 |
Short Selling Information
The latest short interest is 6.31 million, so 1.24% of the outstanding shares have been sold short.
| Short Interest | 6.31M |
| Short Previous Month | 11.28M |
| Short % of Shares Out | 1.24% |
| Short % of Float | 1.24% |
| Short Ratio (days to cover) | 8.73 |
Income Statement
In the last 12 months, Fortis had revenue of $8.88 billion and earned $1.25 billion in profits. Earnings per share was $2.48.
| Revenue | 8.88B |
| Gross Profit | 4.05B |
| Operating Income | 2.61B |
| Pretax Income | 1.72B |
| Net Income | 1.25B |
| EBITDA | 4.11B |
| EBIT | 2.61B |
| Earnings Per Share (EPS) | $2.48 |
Full Income StatementBalance Sheet
The company has $267.66 million in cash and $25.30 billion in debt, with a net cash position of -$25.04 billion or -$49.34 per share.
| Cash & Cash Equivalents | 267.66M |
| Total Debt | 25.30B |
| Net Cash | -25.04B |
| Net Cash Per Share | -$49.34 |
| Equity (Book Value) | 18.87B |
| Book Value Per Share | 31.90 |
| Working Capital | -2.70B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.96 billion and capital expenditures -$4.33 billion, giving a free cash flow of -$1.35 billion.
| Operating Cash Flow | 2.96B |
| Capital Expenditures | -4.33B |
| Depreciation & Amortization | 1.48B |
| Net Borrowing | 1.66B |
| Free Cash Flow | -1.35B |
| FCF Per Share | -$2.66 |
Full Cash Flow StatementMargins
Gross margin is 45.60%, with operating and profit margins of 29.35% and 14.78%.
| Gross Margin | 45.60% |
| Operating Margin | 29.35% |
| Pretax Margin | 19.34% |
| Profit Margin | 14.78% |
| EBITDA Margin | 46.25% |
| EBIT Margin | 29.35% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.81, which amounts to a dividend yield of 3.19%.
| Dividend Per Share | $1.81 |
| Dividend Yield | 3.19% |
| Dividend Growth (YoY) | 4.24% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 73.00% |
| Buyback Yield | -1.72% |
| Shareholder Yield | 1.47% |
| Earnings Yield | 4.32% |
| FCF Yield | -4.67% |
Dividend DetailsAnalyst Forecast
The average price target for Fortis is $72.00, which is 26.74% higher than the current price. The consensus rating is "Hold".
| Price Target | $72.00 |
| Price Target Difference | 26.74% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 5.83% |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
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 |
