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FORTIS INC

FTSNYSE
πŸ† #384 by market capEarnings Nov 3US Equity
$56.07β–² $0.69 (+1.23%)
Market closed Β· at close
1hβ€”
24hβ–² 1.2%
7dβ–Ό 0.4%
14dβ–Ό 2.7%
30dβ–Ό 2.5%
1yβ–² 10.9%
🏦Market Cap
$28.55B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
+5.8%
Slowing
πŸ“ŠGross Margin
28.2%
Moderate
πŸ’΅FCF Margin
-15.3%
Thin
βš–οΈP/S Ratio
3.2x
Fair
Otter Score
64
Fair

Trading Snapshot

Day Range
$55.22 – $56.72
52-Week Range
$48.64 – $59.40
Volume
$2.52B
Avg Volume
$2.76B
Shares Outstanding
509.1M
Next Earnings
Sep 19, 2026

Fundamentals Snapshot

Annual Revenue
$12.17B
Last Q Revenue
$2.93B
P/E Ratio
22.9
P/S Ratio
3.2x
EPS (TTM)
$3.56
Dividend Yield
3.25%

Why Investors Own FTS

  • βœ“High-growth profile β€” revenue up +41.7% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 62% gross margin and 11% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$12.17Bβ–² +42.3% YoY
Gross Margin (TTM)
62.0%β–² +0.8% YoY
Operating Income (TTM)
$3.49Bβ–² +42.3% YoY
Free Cash Flow (TTM)
$1.30Bβ–² +42.3% YoY

About 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.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100

Analyst Price Target

β“˜
Average Target
$60.38
β–² +7.7% Upside
High Target$72.50
Low Target$55.65
Based on 38 analysts

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