Utilities
Fortis Inc.(FTS)
Live Price
Offline$56.09
-0.11% today
1Y Change
+22.58%
Window
Jun 25, 2025 โ Jun 16, 2026
- Market Cap
- $38.88B
- Revenue Growth
- +5.8%
- EPS Growth
- +4.9%
- Dividend Yield
- 3.3%
Coverage: 245 bars ยท Jun 25, 2025 โ Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Fortis Inc. (FTS) is a Utilities stock with a market cap of $38.88B and listed on NYSE. The stock last traded around $56.09 and up 22.6% across the available one-year price window (Jun 25, 2025 โ Jun 16, 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 FTS price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Utilities peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Near sector median
+5.8% vs +6.1% peer median
Operating Margin
Above sector median
+28.7% vs +21.0% peer median
P/E
Above sector median
21.6 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +5.8% and EPS at +4.9%, with operating margin around 28.7%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 3.3%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +1.1% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 6, 2026 | โ | +0.0% | +0.1% | -1.6% |
2026 Feb 12, 2026 | +4.8% | +1.3% | +0.4% | +3.7% |
2025 Nov 4, 2025 | -3.3% | +0.0% | +2.7% | +1.2% |
Benchmark Edge
FTS vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
FTS
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
FTS Max Drawdown
-7.00%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for FTS and SPY.
Company Overview
Fortis Inc.
New York Stock Exchange
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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 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 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company 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 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
- Leadership
- David Gerard Hutchens
- IPO Date
- Jan 5, 2010
- Employees
- 9.8k
- Street Address
- Fortis Place
- Mailing
- Saint John's, NF, A1E 0E4
- Region
- Saint John's, NF, CA
- Reporting Currency
- USD
- Investor Line
- 17097372800
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 21.6
- EV/EBITDA
- 12.4
- Price/Sales
- 3.2
- Price/Book
- 1.6
Growth
- Revenue
- +5.8%
- EPS
- +4.9%
- Free Cash Flow
- -62.6%
Profitability
- Gross Margin
- 37.1%
- Operating Margin
- 28.7%
- Net Margin
- 14.8%
- ROE
- 7.5%
- ROIC
- 4.1%
Balance Sheet
- Debt/Equity
- 1.46
- Current Ratio
- 0.51
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.