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Fortis Inc

$55.90
Market Cap 28.36B
ROE 7.1%
Gross Margin 43.7%
Debt/Equity 1.5
Current Ratio 0.5
Revenue QoQ 1.9%
EPS QoQ -0.0%
F-Score 5

About

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.

Exchange
NYSE
Sector
Utilities
Industry
Utilities - Regulated Electric

Sector context

Utilities

Overvalued

Trading at a discount to sector peers

P/E
22.70
vs median 16.54
P/B
1.60
vs median 1.73
ROE
0.07
vs median 0.10

Decent quality with acceptable fundamentals

Large-cap company with established market presence

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