FORTIS INC
FTSNYSETrading Snapshot
- Day Range
- $52.26 – $53.67
- 52-Week Range
- $49.60 – $59.40
- Volume
- $2.52B
- Avg Volume
- $2.76B
- Shares Outstanding
- 509.1M
- Next Earnings
- Nov 6, 2026
Fundamentals Snapshot
- Annual Revenue
- $12.17B
- Last Q Revenue
- $2.93B
- P/E Ratio
- 22.0
- P/S Ratio
- 3.1x
- EPS (TTM)
- $3.56
- Dividend Yield
- 3.41%
- Dilution (1yr)
- +22.7%
Why Investors Own FTS
- ✓High-growth profile — revenue up +41.7% YoY with expanding US Equity exposure.
- ✓Healthy economics — 62% gross margin and 11% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
FORTIS INC
FTSAbout FORTIS INC
Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possesses 65 MW of power generation from its own gas-fired and hydroelectric plants. Regarding its natural gas operations, Fortis serves approximately 1,065,000 residential, commercial, and industrial clients in British Columbia, Canada. In other Canadian territories, Fortis manages the electricity distribution network for approximately 577,000 customers across southern and central Alberta, and operates four hydroelectric facilities with a combined output of 225 MW. Additionally, it provides operational, maintenance, and management expertise for five other hydroelectric generating stations. The utility also ensures electricity supply to the island portion of Newfoundland and Labrador, featuring an installed generating capacity of 143 MW, and to Prince Edward Island, which has a capacity of 130 MW. Its integrated electric utility services extend to about 68,000 customers in Ontario, approximately 272,000 in Newfoundland and Labrador, around 32,000 on Grand Cayman in the Cayman Islands, and roughly 16,000 on select islands within Turks and Caicos. Internationally, Fortis holds long-term contracts for generation assets in Belize, comprising three hydroelectric plants totaling 51 MW, and owns the Aitken Creek natural gas storage facility. Its extensive infrastructure includes approximately 90,200 circuit kilometers (km) of electricity distribution lines and about 50,500 km of natural gas pipelines. Fortis Inc. was established in 1885 and maintains its corporate headquarters in St. John's, Canada.
Otter Score Breakdown
How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)Analyst Ratings
ⓘLatest News & Updates

India's top court disposes of Fortis' petition against IHH Healthcare unit
Malaysia's IHH Healthcare said on Monday that India's top court has disposed of Fortis Healthcare's petition challenging a court-ordered forensic audit relating to a stake purchase by an IHH Healthcare unit

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Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Junior Subordinated Notes
The Base Shelf Prospectus is accessible, and the Prospectus Supplement and any Amendment to the Documents will be accessible through SEDAR+ within two business days.

Jupiter Topco LLC Makes New $2.25 Million Investment in Fortis $FTS
Jupiter Topco LLC purchased a new position in Fortis (NYSE: FTS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,244 shares of the uti

1,947,424 Shares in Fortis $FTS Bought by BlackRock Inc.
BlackRock Inc. purchased a new stake in Fortis (NYSE: FTS) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,947,424 shares

Fortis Inc. (TSE:FTS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
Shares of Fortis Inc. (TSE: FTS - Get Free Report) have earned an average rating of "Moderate Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock