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Fortis Inc. (FTS.TO)

CAD81.42 +0.19 (+0.23%)
CA TSX Utilities Regulated Electric
Address Fortis Place A1B 3T2
St. John's, NF, CA
CEO David Hutchens
IPO 1995-01-12
ISIN CA3495531079

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Also trades on New York Stock Exchange · FTS (USD) Other OTC · FORFF (USD) Toronto Stock Exchange · FTS.TO (CAD)
Description

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD81.42 +0.19 (+0.23%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.43
Float Shares
506.22M
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.20% +0.27% -3.55% +0.75% +4.27% +7.75% +17.62% +24.92% +40.16% +87.45% +1,099.53%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (13 ratings, all time) Hold
Price Targets & DCF
Current price
81.42
Ratings Trend (MoM) 38% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 3 0
Hold 6 0
Sell 2 0
Strong Sell 2 -1
Quality scores
Altman Z-Score
0.81
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    +5.8% Q1'26: +1.3% (vs Q1'25)
  • EPS growth Regulated Electric: +12.7%
    +4.9% Q1'26: -1.0% (vs Q1'25)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    +14.5% Q1'26: -11.8% (vs Q1'25)
  • EBIT margin Regulated Electric: +19.9%
    +31.5% Q1'26: +27.6% (vs Q1'25)
  • ROIC Regulated Electric: +4.4%
    +5.3% Q1'26: +5.1% (vs Q1'25)
  • Share dilution Regulated Electric: +0.0%
    +1.7% Q1'26: +1.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    5.89× Q1'26: 6.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.44) × ERP
WACC = 53% × Ke + 47% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 81.42
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
10 EPS Ana.
Dec 2027
8 Rev. Ana.
10 EPS Ana.
Dec 2028
5 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
3.75B
est: 3.89B (-3.6%)
3.65B
est: 3.82B (-4.4%)
4.05B
est: 4.22B (-4.0%)
5.40B
est: 4.92B (+9.8%)
6.73B
est: 6.46B (+4.1%)
6.84B
est: 6.95B (-1.6%)
8.30B
est: 8.57B (-3.2%)
8.39B
est: 8.54B (-1.8%)
8.78B
est: 8.88B (-1.1%)
8.94B
est: 9.08B (-1.6%)
9.45B
est: 9.26B (+2.0%)
11.04B
est: 10.41B (+6.1%)
11.52B
est: 11.39B (+1.1%)
11.51B
est: 12.03B (-4.3%)
12.17B
est: 12.61B (-3.5%)
13.09B
12.36B – 14.16B
+3.9% YoY
13.89B
12.81B – 16.15B
+6.1% YoY
14.45B
14.45B – 14.46B
+4.1% YoY
14.23B
13.28B – 15.98B
-1.5% YoY
14.82B
13.83B – 16.63B
+4.1% YoY
EBITDA
1.23B
est: 434.38M (+182.9%)
1.26B
est: 488.37M (+158.8%)
1.39B
est: 593.65M (+134.7%)
1.71B
est: 681.26M (+151.2%)
2.30B
est: 806.06M (+185.6%)
2.60B
est: 1.38B (+88.6%)
3.65B
est: 1.37B (+166.9%)
3.61B
est: 1.75B (+106.1%)
3.82B
est: 1.72B (+121.8%)
3.97B
est: 2.42B (+64.2%)
4.02B
est: 2.55B (+57.9%)
4.50B
est: 2.59B (+73.9%)
4.92B
est: 6.35B (-22.5%)
5.29B
est: 2.73B (+93.7%)
5.89B
est: 7.03B (-16.2%)
7.30B
6.89B – 7.90B
+3.9% YoY
7.74B
7.14B – 9.00B
+6.1% YoY
8.06B
8.05B – 8.06B
+4.1% YoY
7.93B
7.40B – 8.91B
-1.5% YoY
8.26B
7.71B – 9.27B
+4.1% YoY
EBIT
813.00M
est: 730.54M (+11.3%)
794.00M
est: 769.40M (+3.2%)
852.00M
est: 864.59M (-1.5%)
1.02B
est: 932.07M (+9.8%)
1.43B
est: 1.34B (+6.6%)
1.62B
est: 1.45B (+11.6%)
2.47B
est: 1.74B (+41.9%)
2.36B
est: 2.50B (-5.5%)
2.47B
est: 2.46B (+0.6%)
2.54B
est: 3.12B (-18.7%)
2.51B
est: 3.29B (-23.6%)
2.83B
est: 3.35B (-15.3%)
3.15B
est: 4.28B (-26.6%)
3.37B
est: 4.57B (-26.3%)
3.83B
est: 4.74B (-19.2%)
4.92B
4.65B – 5.33B
+3.9% YoY
5.22B
4.82B – 6.07B
+6.1% YoY
5.44B
5.43B – 5.44B
+4.1% YoY
5.35B
4.99B – 6.01B
-1.5% YoY
5.57B
5.20B – 6.26B
+4.1% YoY
Net Income
347.00M
est: 309.00M (+12.3%)
362.00M
est: 340.97M (+6.2%)
410.00M
est: 398.70M (+2.8%)
379.00M
est: 478.28M (-20.8%)
805.00M
est: 526.72M (+52.8%)
660.00M
est: 826.51M (-20.1%)
1.03B
est: 796.09M (+29.1%)
1.17B
est: 1.02B (+13.9%)
1.72B
est: 1.21B (+42.1%)
1.27B
est: 1.76B (-27.8%)
1.29B
est: 1.86B (-30.4%)
1.39B
est: 1.89B (-26.2%)
1.57B
est: 1.57B (+0.5%)
1.68B
est: 1.70B (-1.1%)
1.80B
est: 1.72B (+4.8%)
1.85B
1.77B – 1.87B
+7.9% YoY
2.00B
1.92B – 2.02B
+8.1% YoY
2.07B
2.02B – 2.11B
+3.3% YoY
2.17B
1.98B – 2.51B
+4.8% YoY
2.27B
2.07B – 2.63B
+4.9% YoY
SGA
est: 22.00M (-100.0%)
est: 21.62M (-100.0%)
est: 23.86M (-100.0%)
est: 27.83M (-100.0%)
est: 36.57M (-100.0%)
est: 39.33M (-100.0%)
11.00M
est: 48.51M (-77.3%)
2.00M
est: 48.32M (-95.9%)
11.00M
est: 50.25M (-78.1%)
31.00M
est: 51.39M (-39.7%)
45.00M
est: 52.39M (-14.1%)
92.00M
est: 58.90M (+56.2%)
62.00M
est: 56.55M (+9.6%)
73.00M
est: 59.69M (+22.3%)
est: 62.58M (-100.0%)
64.99M
61.38M – 70.32M
+3.9% YoY
68.95M
63.59M – 80.18M
+6.1% YoY
71.75M
71.73M – 71.77M
+4.1% YoY
70.64M
65.92M – 79.31M
-1.5% YoY
73.55M
68.64M – 82.57M
+4.1% YoY
EPS
1.71
est: 1.72 (-0.5%)
1.66
est: 1.73 (-4.3%)
1.74
est: 1.72 (+1.2%)
1.41
est: 1.74 (-18.8%)
2.61
est: 2.05 (+27.5%)
1.89
est: 2.17 (-13.1%)
2.32
est: 2.54 (-8.5%)
2.75
est: 2.53 (+8.5%)
3.79
est: 2.52 (+50.3%)
2.60
est: 2.55 (+2.0%)
2.61
est: 2.66 (-1.8%)
2.78
est: 2.76 (+0.8%)
3.10
est: 3.19 (-2.8%)
3.24
est: 3.26 (-0.7%)
3.40
est: 3.49 (-2.5%)
3.61
3.50 – 3.72
+3.5% YoY
3.87
3.81 – 4.01
+7.1% YoY
4.09
4.02 – 4.19
+5.8% YoY
4.30
3.93 – 4.99
+5.1% YoY
4.51
4.12 – 5.23
+4.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C+ 2/5 1/5 2/5 3/5 2/5 2/5 3/5
2026-05-06 B- 2/5 1/5 2/5 3/5 2/5 3/5 3/5
2026-05-05 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-04 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-01 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-30 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-29 B- 2/5 1/5 2/5 4/5 2/5 2/5 3/5
2026-04-28 B- 2/5 1/5 2/5 4/5 2/5 2/5 3/5
2026-04-27 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-24 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-23 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-22 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-21 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-20 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-17 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-16 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-15 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-211.00M
OE per share TTM
-0.41
Owner's Yield
-0.54%
Maintenance CapEx ratio
254.49%
Maint CapEx / Avg PPE
400.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
390.7K
Shares Outstanding
507.40M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
David Gerard Hutchens President, Chief Executive Officer & Director 7M male
Jocelyn H. Perry Executive Vice President & Chief Financial Officer 2M female
Gary J. Smith Executive Vice President of Operations & Technology 2M male
James R. Reid Executive Vice President of Sustainability & Chief Legal Officer 2M male
Stuart I. Lochray Executive Vice President of Strategy & Business Development 1M male
Stephanie R. Raymond President & Chief Executive Officer of Central Hudson female
Tanya N. Finlay Vice President of People & Culture female
Karen McCarthy M.Ed Vice President of Communications and Government Relations female
Keri L. Glitch Chief Information Officer & Vice President female
Regan O'Dea Vice President & General Counsel male
Stephanie A. Amaimo Vice President of Investor Relations female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits