Fortis Inc.

Fortis Inc.

FTS

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Market Cap$28.97B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Fortis Inc.Fortis Inc.22.43.19%7%2.61.5

Earnings Call Q4 2025

February 12, 2026 - AI Summary

Strong Financial Performance: Fortis reported a 2025 EPS of $3.40, up $0.16 from 2024, with adjusted EPS at $3.53, reflecting a $0.25 increase. This performance was driven primarily by robust rate base growth across utilities, demonstrating effective management despite external pressures like regulatory lag and milder weather. The company has achieved a compound annual return of around 10% over the past 20 years.
Strategic Capital Investments: The company rolled out its largest-ever capital plan of $28.8 billion, targeting a 7% average annual rate base growth over the next five years. This plan emphasizes a diverse mix of regulated investments primarily in transmission and distribution, which Fortis expects will facilitate long-term stability and profitability.
Dividends and Returns: Fortis has increased its dividends for the 52nd consecutive year, with a 4% increase compared to 2024. The company aims to maintain a dividend growth guidance of 4% to 6% through 2030, which is supported by its strong operational cash flow, a reduced payout ratio of 70%, and solid total shareholder returns of nearly 24% for the year.

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$61.50

Target Price by Analysts

8.1% upsideFortis Target Price DetailsTarget Price
$39.08

Current Fair Value

31.3% downside

Overvalued by 31.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$28.97 Billion
Enterprise Value$64.12 Billion
Dividend Yield$1.83 (3.19%)
Earnings per Share$3.4
Beta0.43
Outstanding Shares508,200,000

Return

Return on Equity6.88%ROE
Return on Assets2.19%
Return on Invested Capital4.87%

Valuation & Multiples

P/E Ratio22.44P/E Ratio
PEG2681.89PEG
Price to Sales2.59Price to Sales
Price to Book Ratio1.09Price to Book Ratio
Enterprise Value to Revenue5.63
Enterprise Value to EBIT19.24
Enterprise Value to Net Income38
Total Debt to Enterprise0.55
Debt to Equity1.45Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 6, 2026
EPS Estimate
$0.70
Average shareholder expectation
Revenue Estimate
$2.56 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 31, 2026
EPS Estimate
$0.56
Average shareholder expectation
Revenue Estimate
$2.07 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.6781 149.00%
Total Calls194,800 77.34%
Total Puts132,100 92.91%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %48.35% 0.59%
Total Invested$14.31B 6.13%
Investors Holding358 38.00%

ESG Score

No data

About Fortis Inc.

5,936 employees
CEO: Barry Perry

Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 employees serve ut...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly influencing the specific details of corporate tax structures and credits that profoundly affect Fortis's financial planning.

Finance

As the primary tax-writing committee, it directly impacts corporate tax policy, which is a significant factor in Fortis's profitability, capital investment decisions, and overall valuation.

Appropriations

This committee allocates federal spending, including for infrastructure projects and energy research. Its decisions can directly influence funding opportunities, project viability, and cash flow for utility-related initiatives.

Energy and Natural Resources

This committee oversees national energy policy, public lands, and the Department of Energy, directly impacting regulations for electric and gas utilities, including generation, transmission, and fuel sourcing.

Environment and Public Works

This committee directly regulates the EPA and Nuclear Regulatory Commission (NRC). As a 'Nuclear Electric Power Generation' company, NRC oversight is critical. EPA regulations on emissions, water, and waste are also highly relevant for all utility operations.