Fortis Inc.
Key Metrics
- Previous Close
- $56.23
- 52-Week Range
- $48.64 – $59.40
- Market Cap
- $28.73B
- P/E (TTM)
- 22.96
- EPS (TTM)
- 2.45
- Dividend Yield
- 3.28%
Advanced Metrics
- Price/Book
- 1.69
- PEG Ratio
- 2.69
- Return on Equity
- 7.47%
- Return on Assets
- 2.96%
- Gross Margin
- 45.36%
- Operating Margin
- 28.32%
- Profit Margin
- 14.69%
- Current Ratio
- 0.56
- Debt/Equity
- 1.32
- Total Debt
- $36.33B
- Free Cash Flow
- $-2.72B
- Revenue Growth
- 4.10%
- Earnings Growth
- 2.20%
- Enterprise Value
- $68.46B
Market Snapshot
About
Fortis Inc. is a leading North American electric and gas utility holding company with operations across Canada, the United States, and the Caribbean. The company serves approximately 3.4 million electric and gas customers through ten regulated utility subsidiaries. Fortis's diversified portfolio includes electric transmission and distribution assets, as well as natural gas distribution systems, providing essential energy services to residential, commercial, and industrial customers. The company focuses on rate-regulated utility operations, which provide stable and predictable cash flows. Headquartered in St. John's, Newfoundland and Labrador, Fortis has grown significantly through strategic acquisitions and organic investment in infrastructure, making it one of the largest investor-owned utility companies in North America.