Fortis

Fortis

Electric Utilities
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving roughly 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.

$27B

Market Cap • 10/2/2026

1987

(39 years)

Founded

2001

(25 years ago)

IPO

NYSE

Listing Exchange

Flag of Canada

Canada

Country

Valuation

P/B

1,5

P/S

3

P/EBITDA

6,6

P/OCF

8,7

P/FCF

—

P/E

21,4

BVPS

34,9

EPS

2,5

Market Cap

Market Cap

27B

EV

55B

EV/Revenue

6,1

EV/EBITDA

13,5

EV/EBIT

21,7

Payout

Dividend Per Share

1,2

Dividend Yield

2,2%

Buyback Yield

-0,2%

Total Yield

2,1%

Dividend Yield 5Y

2,3%

Payout

47,7%

Retained Earnings

3,9B

Profitability

Gross Margin

45,4%

EBITDA Margin

45,4%

EBIT Margin

28,3%

Net Margin

16%

D&A/EBITDA

37,5%

R&D/Revenue

0%

Capex/Revenue

49,2%

Capex/D&A

289,1%

Capex/OCF

142,3%

SBC/OCF

—

% PPE

68,4%

% Goodwill

16,4%

ROE

7,5%

ROIC

3,9%

Growth

CAGR Revenue 5Y

3,9%

CAGR Op. Income 5Y

4,8%

CAGR Net Income 5Y

4,8%

CAGR EPS 5Y

3,6%

CAGR OCF 5Y

6%

Leverage

N.D./EBITDA

6,2

Debt/Equity

0%

Current Ratio

0,6

Quick Ratio

0,3

Interest Coverage

233,7%

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