Fortis Inc. (FTS.TO)
- Previous Close
51.83 - Open
51.84 - Bid 52.38 x --
- Ask 52.39 x --
- Day's Range
51.59 - 52.47 - 52 Week Range
49.82 - 62.00 - Volume
1,798,923 - Avg. Volume
1,648,766 - Market Cap (intraday)
25.824B - Beta (5Y Monthly) 0.18
- PE Ratio (TTM)
16.90 - EPS (TTM)
3.10 - Earnings Date May 1, 2024
- Forward Dividend & Yield 2.36 (4.51%)
- Ex-Dividend Date May 16, 2024
- 1y Target Est
57.86
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 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 five 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 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
www.fortisinc.com9,598
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
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Performance Overview: FTS.TO
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
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Statistics: FTS.TO
Valuation Measures
Market Cap
25.82B
Enterprise Value
56.85B
Trailing P/E
16.90
Forward P/E
16.31
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.21
Price/Book (mrq)
1.30
Enterprise Value/Revenue
4.94
Enterprise Value/EBITDA
11.04
Financial Highlights
Profitability and Income Statement
Profit Margin
13.66%
Return on Assets (ttm)
3.02%
Return on Equity (ttm)
7.41%
Revenue (ttm)
11.52B
Net Income Avi to Common (ttm)
1.51B
Diluted EPS (ttm)
3.10
Balance Sheet and Cash Flow
Total Cash (mrq)
625M
Total Debt/Equity (mrq)
128.76%
Levered Free Cash Flow (ttm)
-41.75M