Fortis Inc. (FTS) Stock

Fortis Inc. (FTS) is a Utilities stock trading at $56.11 (as of 2026-06-18), with a market capitalization of $28.07B and a trailing P/E of 16.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Fortis Inc. is an electric and gas utility serving customers in Canada, the United States, and the Caribbean, providing electricity generation, transmission, and distribution and natural gas distribution. It serves about 438,000 retail electric customers in southeastern Arizona, supplies wholesale electricity in the western U.S., distributes natural gas to roughly 1.065 million customers in British Columbia, and operates electricity distribution in southern and central Alberta and parts of Newfoundland and Labrador.

Valuation — source: SEC EDGAR (first-party)
Price$56.11
Market Cap$28.07B
P/E Ratio16.7
EV / EBITDA10.7
Price / Book1.12
Price / Sales2.37
Dividend Yield2.7%
DCF Value (model)$-123.74
DCF Upside vs Price-320.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$12.17B
Net Margin16.1%
Return on Equity7.6%
Debt / Equity1.20
Current Ratio0.51
Revenue Growth (YoY)5.8%
EPS Growth (YoY)4.9%
FCF Growth (YoY)66.4%
Financial Health — source: SEC EDGAR
Altman Z-Score0.70 (distress)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E16.7
Sector P/E (Utilities)21.9
Industry P/E (Utilities)21.3
vs Sector-23.5%
vs Industry-21.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderROYAL BANK OF CANADA ($1.97B)
Institutional Holders Tracked10
Company
SectorUtilities
IndustryUtilities
CEODavid Gerard Hutchens
Employees9,800
CountryCA
IPO Date2010-01-05

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

  • Ameren Corporation (AEE)
  • Atmos Energy Corporation (ATO)
  • DTE Energy Company (DTE)
  • PPL Corporation (PPL)
  • FirstEnergy Corp. (FE)
  • American Water Works Company, Inc. (AWK)
  • Eversource Energy (ES)
  • CenterPoint Energy, Inc. (CNP)
FTS earnings history · FTS institutional & insider holders · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.