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FTS
Fortis Inc.
NYSE· Utilities· Utilities - Regulated Electric· CUSIP 349553107
$57.88+3.41%Price as of Oct 23, 00:45 UTC · updated once a day, after the close
At a glance
Fortis Inc. (FTS) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in St. John's, Canada and has 9,900 employees. The company is worth $29.57B and trades at 22.8x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was CA$12.17B in fiscal 2025, up 5.8% from the year before. Net income was CA$1.8B. The share price is within 3% of its 52-week high. It pays a dividend yielding 3.20%, and has raised its annual dividend for 10 years in a row in our records. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $111.44M. In that quarter, 1 of them opened or added to the position and 4 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Key metrics
- Market cap
- $29.57B
- P/E
- 22.8x
- Forward P/E
- 21.0x
- P/B
- 1.8x
- Dividend yield
- 3.20%
- Payout
- 72.84%
- EPS
- $2.54
- ROE
- 7.47%
- Profit margin
- 14.70%
- Revenue growth
- +4.10%
- Beta
- 0.41
- 52-week high
- $59.40
- 52-week low
- $49.60
History
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in CAD, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
Price over time
▲ +28.7% over 5Y.
today you would have $1,502.19▲ +50.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $51.94 | $41.57 | $41.13 | $40.04 | |
| EPS | CA$3.40 | CA$3.24 | CA$3.10 | CA$2.78 | |
| Dividend yield | 4.15% | 2.54% | 4.19% | 4.11% | 4.18% |
| Profit margin | 14.13% | 14.78% | 14.60% | 13.66% | 12.62% |
| ROE | 7.19% | 7.56% | 7.06% |
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
$43.43
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings
$8.12
Earnings growing 0.0% a year plus a 3.2% dividend yield. Growth capped at 25%.
Earnings
$52.09
Median P/E of 20.5 among peers in the sector.
Earnings
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Cash flow
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Operating
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividends
$47.57
Others in the same sector
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BIPBrookfield Infrastructure Partners L.P. | $37.45 | 60.4x | 3.9x | 4.86% | 7.69% | $29.65B |
| ATOAtmos Energy Corp | $173.91 | 20.7x | 1.9x | 2.30% | 9.79% | $29.39B |
| AEEAmeren Corp | $108.94 | 18.8x | 2.2x | 2.75% | 11.94% | $30.16B |
| AWKAmerican Water Works Company, Inc. |
About the company
- 9,900
- St. John's, Canada