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Fortis Inc
Previous close
$73.59
Day range
$73.22 - $73.55
Year range
$57.98 - $74.00
Market cap
37.02B CAD
Avg Volume
1.93M
P/E ratio
28.67
Dividend yield
3.50%
Primary exchange
TSE
In the news
Financials
Income Statement
Revenue
Net income
| (CAD) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 2.94B | 6.03% |
Operating expense | 499.00M | 8.24% |
Net income | 431.00M | -1.82% |
Net profit margin | 14.67 | -7.39% |
Earnings per share | 0.62 | 1.11% |
EBITDA | 1.41B | 7.24% |
Effective tax rate | 18.13% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 389.00M | -56.58% |
Total assets | 74.50B | 6.98% |
Total liabilities | 48.25B | 6.63% |
Total equity | 26.25B | — |
Shares outstanding | 505.40M | — |
Price to book | 1.65 | — |
Return on assets | 3.02% | — |
Return on capital | 3.71% | — |
Cash Flow
Net change in cash
| (CAD) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | 431.00M | -1.82% |
Cash from operations | 1.03B | -23.24% |
Cash from investing | -1.08B | 17.67% |
Cash from financing | 220.00M | -30.38% |
Net change in cash | 168.00M | -49.85% |
Free cash flow | -418.00M | -239.92% |
About
Fortis Inc. is a Canadian electric utility holding company, based in St. John's, Newfoundland and Labrador. It operates in Canada, the United States, Central America and the Caribbean. In 2015, revenue was CA$6.7 billion.
Fortis was formed in 1987, when shareholders of the regulated transmission and distribution utility Newfoundland Light & Power Co. voted to form a separate holding company. NL&P shares were exchanged for Fortis shares on a one-to-one basis, with the regulated NL&P becoming a 100% owned subsidiary. Wikipedia
Founded
1987
Website
Employees
9,600
