Fortis Statistics
Total Valuation
Fortis has a market cap or net worth of $28.41 billion. The enterprise value is $56.58 billion.
Important Dates
The last earnings date was Wednesday, May 6, 2026, before market open.
| Earnings Date | May 6, 2026 |
| Ex-Dividend Date | May 15, 2026 |
Share Statistics
Fortis has 509.10 million shares outstanding. The number of shares has increased by 1.66% in one year.
| Current Share Class | 509.13M |
| Shares Outstanding | 509.10M |
| Shares Change (YoY) | +1.66% |
| Shares Change (QoQ) | +0.39% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 52.59% |
| Float | 507.78M |
Valuation Ratios
The trailing PE ratio is 22.98 and the forward PE ratio is 20.72.
| PE Ratio | 22.98 |
| Forward PE | 20.72 |
| PS Ratio | 3.24 |
| Forward PS | n/a |
| PB Ratio | 1.50 |
| P/TBV Ratio | 4.76 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 10.03 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 46.03 |
| EV / Sales | 6.46 |
| EV / EBITDA | 13.97 |
| EV / EBIT | 22.06 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.49, with a Debt / Equity ratio of 1.34.
| Current Ratio | 0.49 |
| Quick Ratio | 0.26 |
| Debt / Equity | 1.34 |
| Debt / EBITDA | 6.21 |
| Debt / FCF | n/a |
| Interest Coverage | 2.27 |
Financial Efficiency
Return on equity (ROE) is 7.46% and return on invested capital (ROIC) is 3.65%.
| Return on Equity (ROE) | 7.46% |
| Return on Assets (ROA) | 2.96% |
| Return on Invested Capital (ROIC) | 3.65% |
| Return on Capital Employed (ROCE) | 5.24% |
| Weighted Average Cost of Capital (WACC) | 5.25% |
| Revenue Per Employee | $952,740 |
| Profits Per Employee | $133,625 |
| Employee Count | 9,200 |
| Asset Turnover | 0.16 |
| Inventory Turnover | 10.08 |
Taxes
In the past 12 months, Fortis has paid $278.68 million in taxes.
| Income Tax | 278.68M |
| Effective Tax Rate | 16.53% |
Stock Price Statistics
The stock price has increased by +18.43% 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 | +18.43% |
| 50-Day Moving Average | 56.53 |
| 200-Day Moving Average | 52.99 |
| Relative Strength Index (RSI) | 46.70 |
| Average Volume (20 Days) | 615,410 |
Short Selling Information
The latest short interest is 9.01 million, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 9.01M |
| Short Previous Month | 7.09M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 1.77% |
| Short Ratio (days to cover) | 13.26 |
Income Statement
In the last 12 months, Fortis had revenue of $8.77 billion and earned $1.23 billion in profits. Earnings per share was $2.43.
| Revenue | 8.77B |
| Gross Profit | 3.99B |
| Operating Income | 2.56B |
| Pretax Income | 1.69B |
| Net Income | 1.23B |
| EBITDA | 4.05B |
| EBIT | 2.56B |
| Earnings Per Share (EPS) | $2.43 |
Full Income StatementBalance Sheet
The company has $257.19 million in cash and $25.37 billion in debt, with a net cash position of -$25.11 billion or -$49.33 per share.
| Cash & Cash Equivalents | 257.19M |
| Total Debt | 25.37B |
| Net Cash | -25.11B |
| Net Cash Per Share | -$49.33 |
| Equity (Book Value) | 18.97B |
| Book Value Per Share | 32.03 |
| Working Capital | -3.12B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.83 billion and capital expenditures -$4.27 billion, giving a free cash flow of -$1.46 billion.
| Operating Cash Flow | 2.83B |
| Capital Expenditures | -4.27B |
| Depreciation & Amortization | 1.51B |
| Net Borrowing | 1.49B |
| Free Cash Flow | -1.46B |
| FCF Per Share | -$2.87 |
Full Cash Flow StatementMargins
Gross margin is 45.51%, with operating and profit margins of 29.26% and 14.73%.
| Gross Margin | 45.51% |
| Operating Margin | 29.26% |
| Pretax Margin | 19.24% |
| Profit Margin | 14.73% |
| EBITDA Margin | 46.21% |
| EBIT Margin | 29.26% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.84, which amounts to a dividend yield of 3.29%.
| Dividend Per Share | $1.84 |
| Dividend Yield | 3.29% |
| Dividend Growth (YoY) | 5.42% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 75.58% |
| Buyback Yield | -1.66% |
| Shareholder Yield | 1.63% |
| Earnings Yield | 4.33% |
| FCF Yield | -5.15% |
Dividend DetailsAnalyst Forecast
The average price target for Fortis is $61.00, which is 9.22% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.00 |
| Price Target Difference | 9.22% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | 5.58% |
| EPS Growth Forecast (5Y) | 6.71% |
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 |
