Utilities
Live Price
Offline$15.73
+0.00% today
1Y Change
+12.20%
Window
Jun 30, 2025 → Jun 24, 2026
Coverage: 254 bars · Jun 30, 2025 → Jun 24, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Fortis Inc. (FORFF) is a Utilities stock with a market cap of $38.88B and listed on OTC. The stock last traded around $15.73 and up 12.2% across the available one-year price window (Jun 30, 2025 → Jun 24, 2026). Baseline metrics include revenue growth of +5.8%, EPS growth of +4.9%, a dividend yield of 3.3%. What stands out right now is revenue +5.8%, EPS +4.9%, free cash flow -62.6% with operating margin 28.7% and ROIC 4.1%. The dividend matters to the case here, with a current yield around 3.3%. Valuation is more restrained than many high-expectation growth names at P/E 21.6 and price/sales 3.2. Stock Foundry combines FORFF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Utilities peers on this page.
Benchmark Edge
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
Relative Read
FORFF is 6.48 pts behind over the shared 1Y window.
FORFF had 1.30 pts deeper max drawdown than SPY.
FORFF beat SPY in 1 of 2 calendar years shown and trailed in 1.
FORFF
+12.20%
Normalized return
SPY
+18.68%
S&P 500
Excess Return
-6.48 pts
Relative to SPY
FORFF Max Drawdown
-10.43%
Trailing 1Y
SPY Max Drawdown
-9.13%
Trailing 1Y
Uses the longest available daily history for FORFF and SPY.
| Year | FORFF | SPY | Excess | Leader |
|---|---|---|---|---|
| 2026 | -9.26% | +6.71% | -15.97 pts | SPY |
| 2025 | +23.65% | +11.19% | +12.46 pts | FORFF |
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$9.4B
-14.4% YoY
FY Net Income
$1.3B
-7.2% YoY
Free Cash Flow
-$479.0M
+39.4% YoY
Revenue Growth
+5.8%
EPS Growth
+4.9%
Gross Margin
37.1%
Net Margin
14.8%
Income statement
CAD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 12.2B | 11.5B | 11.5B | 11.0B | 9.4B |
| Gross Profit | 8.8B | 8.3B | 4.9B | 7.1B | 6.5B |
| Operating Income | 3.5B | 3.3B | 3.1B | 2.7B | 2.5B |
| EBITDA | 5.9B | 5.5B | 5.1B | 4.5B | 4.1B |
| Net Income | 1.8B | 1.7B | 1.6B | 1.4B | 1.3B |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
CAD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 367M | 220M | 625M | 209M | 131M |
| Total Assets | 74.8B | 73.5B | 65.9B | 64.3B | 57.7B |
| Total Liabilities | 49.0B | 47.6B | 42.6B | 41.4B | 36.7B |
| Shareholder Equity | 23.8B | 23.8B | 21.5B | 21.0B | 19.3B |
| Total Debt | 34.7B | 33.7B | 30.0B | 29.0B | 25.9B |
| Net Debt | 34.3B | 33.5B | 29.4B | 28.8B | 25.8B |
Cash flow positioning
Latest Full Year
Operating Cash Flow
2.9B
-5.4% YoY
Capital Expenditures
3.4B
+12.4% YoY
Free Cash Flow
479M
+39.4% YoY
Key ratios
Gross Margin
37.1%
Operating Margin
28.7%
Net Margin
14.8%
ROE
7.5%
Debt / Equity
1.46x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.