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Fortis Inc
Previous close
$76.99
Day range
$77.08 - $77.90
Year range
$61.32 - $78.07
Market cap
39.40B CAD
Avg Volume
1.93M
P/E ratio
22.82
Dividend yield
3.30%
Primary exchange
TSE
In the news
Financials
Income Statement
Revenue
Net income
| (CAD) | Dec 2025info | Y/Y change |
|---|---|---|
Revenue | 3.08B | 4.41% |
Operating expense | 490.00M | 1.66% |
Net income | 444.00M | 6.99% |
Net profit margin | 14.42 | 2.49% |
Earnings per share | — | — |
EBITDA | 1.40B | 1.45% |
Effective tax rate | 14.16% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Dec 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 367.00M | 66.82% |
Total assets | 74.83B | 1.83% |
Total liabilities | 48.96B | 2.79% |
Total equity | 25.87B | — |
Shares outstanding | 507.40M | — |
Price to book | 1.76 | — |
Return on assets | 2.98% | — |
Return on capital | 3.67% | — |
Cash Flow
Net change in cash
| (CAD) | Dec 2025info | Y/Y change |
|---|---|---|
Net income | 444.00M | 6.99% |
Cash from operations | 1.02B | 5.82% |
Cash from investing | -1.34B | 25.33% |
Cash from financing | 305.00M | 144.00% |
Net change in cash | -22.00M | 96.75% |
Free cash flow | -533.38M | 42.77% |
About
Fortis Inc. is a Canadian electric utility holding company, based in St. John's, Newfoundland and Labrador. It operates in Canada, the United States, Central America and the Caribbean. In 2015, revenue was CA$6.7 billion.
Fortis was formed in 1987, when shareholders of the regulated transmission and distribution utility Newfoundland Light & Power Co. voted to form a separate holding company. NL&P shares were exchanged for Fortis shares on a one-to-one basis, with the regulated NL&P becoming a 100% owned subsidiary. Wikipedia
Founded
1987
Website
Employees
9,926
