Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $28.21 billion. The enterprise value is $56.73 billion.
| Market Cap | 28.21B |
| Enterprise Value | 56.73B |
Important Dates
The last earnings date was Friday, July 31, 2026, before market open.
| Earnings Date | Jul 31, 2026 |
| Ex-Dividend Date | May 15, 2026 |
Share Statistics
Fortis has 510.90 million shares outstanding. The number of shares has increased by 1.59% in one year.
| Current Share Class | 509.13M |
| Shares Outstanding | 510.90M |
| Shares Change (YoY) | +1.59% |
| Shares Change (QoQ) | +0.33% |
| Owned by Insiders (%) | 0.08% |
| Owned by Institutions (%) | 51.03% |
| Float | 492.96M |
Valuation Ratios
The trailing PE ratio is 23.19 and the forward PE ratio is 20.70.
| PE Ratio | 23.19 |
| Forward PE | 20.70 |
| PS Ratio | 3.24 |
| Forward PS | 2.17 |
| PB Ratio | 1.46 |
| P/TBV Ratio | 4.46 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.19 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 46.62 |
| EV / Sales | 6.52 |
| EV / EBITDA | 14.15 |
| EV / EBIT | 22.44 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.56, with a Debt / Equity ratio of 1.32.
| Current Ratio | 0.56 |
| Quick Ratio | 0.30 |
| Debt / Equity | 1.32 |
| Debt / EBITDA | 6.33 |
| Debt / FCF | n/a |
| Interest Coverage | 2.25 |
Financial Efficiency
Return on equity (ROE) is 7.47% and return on invested capital (ROIC) is 3.64%.
| Return on Equity (ROE) | 7.47% |
| Return on Assets (ROA) | 2.96% |
| Return on Invested Capital (ROIC) | 3.64% |
| Return on Capital Employed (ROCE) | 5.03% |
| Weighted Average Cost of Capital (WACC) | 5.22% |
| Revenue Per Employee | $945,356 |
| Profits Per Employee | $132,263 |
| Employee Count | 9,200 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 9.93 |
Taxes
In the past 12 months, Fortis has paid $262.66 million in taxes.
| Income Tax | 262.66M |
| Effective Tax Rate | 15.85% |
Stock Price Statistics
The stock price has increased by +9.04% in the last 52 weeks. The beta is 0.43, so Fortis's price volatility has been lower than the market average.
| Beta (5Y) | 0.43 |
| 52-Week Price Change | +9.04% |
| 50-Day Moving Average | 56.94 |
| 200-Day Moving Average | 54.87 |
| Relative Strength Index (RSI) | 34.40 |
| Average Volume (20 Days) | 701,800 |
Short Selling Information
The latest short interest is 10.49 million, so 2.05% of the outstanding shares have been sold short.
| Short Interest | 10.49M |
| Short Previous Month | 9.35M |
| Short % of Shares Out | 2.05% |
| Short % of Float | 2.13% |
| Short Ratio (days to cover) | 16.05 |
Income Statement
In the last 12 months, Fortis had revenue of $8.70 billion and earned $1.22 billion in profits. Earnings per share was $2.39.
| Revenue | 8.70B |
| Gross Profit | 3.94B |
| Operating Income | 2.53B |
| Pretax Income | 1.66B |
| Net Income | 1.22B |
| EBITDA | 4.01B |
| EBIT | 2.53B |
| Earnings Per Share (EPS) | $2.39 |
Balance Sheet
The company has $270.40 million in cash and $25.58 billion in debt, with a net cash position of -$25.31 billion or -$49.54 per share.
| Cash & Cash Equivalents | 270.40M |
| Total Debt | 25.58B |
| Net Cash | -25.31B |
| Net Cash Per Share | -$49.54 |
| Equity (Book Value) | 19.34B |
| Book Value Per Share | 32.63 |
| Working Capital | -2.30B |
Cash Flow
In the last 12 months, operating cash flow was $3.07 billion and capital expenditures -$4.37 billion, giving a free cash flow of -$1.30 billion.
| Operating Cash Flow | 3.07B |
| Capital Expenditures | -4.37B |
| Depreciation & Amortization | 1.51B |
| Net Borrowing | 1.33B |
| Free Cash Flow | -1.30B |
| FCF Per Share | -$2.54 |
Margins
Gross margin is 45.36%, with operating and profit margins of 29.07% and 14.70%.
| Gross Margin | 45.36% |
| Operating Margin | 29.07% |
| Pretax Margin | 19.06% |
| Profit Margin | 14.70% |
| EBITDA Margin | 46.10% |
| EBIT Margin | 29.07% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.84, which amounts to a dividend yield of 3.32%.
| Dividend Per Share | $1.84 |
| Dividend Yield | 3.32% |
| Dividend Growth (YoY) | 5.42% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 76.70% |
| Buyback Yield | -1.59% |
| Shareholder Yield | 1.72% |
| Earnings Yield | 4.31% |
| FCF Yield | -4.60% |
Analyst Forecast
The average price target for Fortis is $55.00, which is -0.70% lower than the current price. The consensus rating is "Hold".
| Price Target | $55.00 |
| Price Target Difference | -0.70% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
| Revenue Growth Forecast (3Y) | 6.23% |
| EPS Growth Forecast (3Y) | 5.22% |
Fair 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 |