Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $29.27 billion. The enterprise value is $57.61 billion.
| Market Cap | 29.27B |
| Enterprise Value | 57.61B |
Important Dates
The next confirmed earnings date is Tuesday, November 3, 2026, before market open.
| Earnings Date | Nov 3, 2026 |
| Ex-Dividend Date | Aug 19, 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 (%) | 54.96% |
| Float | 507.82M |
Valuation Ratios
The trailing PE ratio is 23.71 and the forward PE ratio is 21.37.
| PE Ratio | 23.71 |
| Forward PE | 21.37 |
| PS Ratio | 3.37 |
| Forward PS | 3.16 |
| PB Ratio | 1.51 |
| P/TBV Ratio | 4.63 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.59 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 47.35 |
| EV / Sales | 6.62 |
| EV / EBITDA | 14.37 |
| EV / EBIT | 22.79 |
| 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) | 5.19% |
| Revenue Per Employee | $878,513 |
| Profits Per Employee | $122,911 |
| Employee Count | 9,900 |
| 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 +11.93% in the last 52 weeks. The beta is 0.41, so Fortis's price volatility has been lower than the market average.
| Beta (5Y) | 0.41 |
| 52-Week Price Change | +11.93% |
| 50-Day Moving Average | 54.62 |
| 200-Day Moving Average | 55.78 |
| Relative Strength Index (RSI) | 70.45 |
| Average Volume (20 Days) | 876,997 |
Short Selling Information
The latest short interest is 13.58 million, so 2.66% of the outstanding shares have been sold short.
| Short Interest | 13.58M |
| Short Previous Month | 15.06M |
| Short % of Shares Out | 2.66% |
| Short % of Float | 2.67% |
| Short Ratio (days to cover) | 17.40 |
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 $2.43.
| 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) | $2.43 |
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 $3.05 billion and capital expenditures -$4.34 billion, giving a free cash flow of -$1.29 billion.
| Operating Cash Flow | 3.05B |
| Capital Expenditures | -4.34B |
| Depreciation & Amortization | 1.50B |
| Net Borrowing | 1.32B |
| Free Cash Flow | -1.29B |
| FCF Per Share | -$2.52 |
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 $1.85, which amounts to a dividend yield of 3.22%.
| Dividend Per Share | $1.85 |
| Dividend Yield | 3.22% |
| Dividend Growth (YoY) | 5.59% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 76.53% |
| FCF Payout Ratio | n/a |
| Buyback Yield | -1.59% |
| Shareholder Yield | 1.63% |
| Earnings Yield | 4.22% |
| FCF Yield | -4.40% |
Analyst Forecast
The average price target for Fortis is $53.00, which is -7.87% lower than the current price. The consensus rating is "Hold".
| Price Target | $53.00 |
| Price Target Difference | -7.87% |
| Analyst Consensus | Hold |
| Analyst Count | 15 |
| Revenue Growth Forecast (3Y) | 6.78% |
| EPS Growth Forecast (3Y) | 5.15% |
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 |