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Fortis Inc

Exchange: NYSESector: UtilitiesIndustry: Utilities - Regulated Electric
Values in USD · ADR · Reports in CAD

Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2023 revenue of $12 billion and total assets of $70 billion as at September 30, 2024. The Corporation's 9,600 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.

Did you know?

Net income compounded at -0.0% annually over 6 years.

Current Price

$57.18

-0.05%

GoodMoat Value

$36.03

37.0% overvalued
Profile
Valuation (TTM)
Market Cap$28.80B
P/E22.82
EV
P/B1.66
Shares Out503.60M
P/Sales3.29
Revenue$8.75B
EV/EBITDA18.78

Fortis Inc (FTS) Dividends

Dividend Overview

Dividend Yield

Dividend / Share

Key Metrics

Market Cap

$28.80B

P/E Ratio

22.82

Forward P/E

EPS

$2.48

PEG Ratio

4.51

Book Value

$34.51

Dividend Yield

Profit Margin

14.77%

ROE

7.44%

Dividend History

Dividend Safety

FTS Dividend Analysis

Fortis Inc (FTS) dividend analysis including yield, payout history, and sustainability metrics.

P/E ratio: 22.82. Profit margin: 14.77%. Free cash flow: $-1.02B. This page shows Fortis Inc's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.

GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Fortis Inc's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.