Fortis Inc. logo FTS - Fortis Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 4
HOLD 8
SELL 1
STRONG
SELL 0
| PRICE TARGET: $61.00 DETAILS
HIGH: $61.00
LOW: $61.00
MEDIAN: $61.00
CONSENSUS: $61.00
UPSIDE: 4.33%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 12,170 11,508 11,517 11,043 9,448 8,935 8,783 8,390 8,301 6,838 6,757 5,401 4,047 3,654 3,738 3,664 3,637 3,903 2,718 1,471.7 1,441.5 1,146.1 843.1 715.5 628.3 584.6 505.2 474.4 493.8 474.3 447.0
Cost of Revenue 3,371 3,249 3,771 3,952 2,951 2,562 2,520 4,782 2,361 2,341 2,591 2,197 1,617 1,522 1,697 1,686 1,799 2,112 1,287 540.5 0 0 0 0 0 0 0 0 243.1 0 230.1
Gross Profit 8,799 8,259 7,746 7,091 6,497 6,373 6,263 3,608 5,940 4,497 4,166 3,204 2,430 2,132 2,041 1,978 1,838 1,791 1,431 931.3 1,441.5 1,146.1 843.1 715.5 628.3 584.6 505.2 474.4 250.7 474.3 216.9
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 0 0 0 0 0 1 11 0 (10) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 474.3 0
Other Expenses 5,307 4,967 4,662 4,351 4,028 3,865 3,225 3,529 3,418 3,014 2,747 2,181 1,578 1,338 1,266 1,238 1,137 1,091 890 576.1 1,085.0 882.3 642.3 542.3 481.1 471.2 401.9 383.0 145.8 0 122.9
Operating Expenses 5,307 4,967 4,662 4,351 4,028 3,865 3,225 3,530 3,429 3,014 2,737 2,181 1,578 1,338 1,266 1,238 1,137 1,091 890 576.1 1,085.0 882.3 642.3 542.3 481.1 471.2 401.9 383.0 145.8 474.3 122.9
Operating Income
Operating Income 3,492 3,292 3,084 2,740 2,469 2,508 3,038 2,365 2,511 1,483 1,419 1,023 852 794 775 740 701 700 541 355.2 356.5 263.8 201.6 173.1 147.4 109.8 103.3 90.6 104.2 474.3 94.0
Interest Expense 1,478 1,406 1,305 1,102 1,003 1,042 1,035 974 914 678 553 547 389 366 363 362 360 361 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 43 64 76 11 5 13 16 15 14 7 8 13 7 5 4 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 5,889 5,507 5,148 4,573 4,147 4,090 4,526 3,668 3,651 2,519 2,302 1,686 1,393 1,268 1,229 1,162 1,065 1,046 814 532.7 515.2 379.5 263.6 238.5 209.9 162.6 149.0 133.3 147.1 474.3 132.0
EBIT 3,832 3,580 3,375 2,905 2,642 2,662 3,176 2,425 2,472 1,536 1,429 1,023 852 798 813 752 701 698 541 355 356.5 263.8 201.6 173.1 147.4 109.8 103.3 90.6 104.2 474.3 94.0
Income Before Tax 2,354 2,174 2,070 1,803 1,639 1,620 2,141 1,451 1,713 858 1,063 451 432 432 450 390 341 337 235 181 207.5 137.8 111.9 95.7 82.3 53.5 56.7 46.7 59.5 0 52.3
Income Tax Expense 393 346 360 289 234 231 289 165 588 145 223 66 32 61 84 67 49 65 36 32 70.4 46.9 38.2 32.5 28.7 17.2 27.5 23.0 29.4 (36.4) 20.3
Net Income 1,799 1,680 1,573 1,394 1,294 1,274 1,722 1,166 1,028 660 805 379 410 362 357 313 280 259 199 149 137.1 90.9 73.6 63.3 53.6 36.8 29.2 27.4 30.0 36.4 35.0
Per Share Data
EPS (Basic) 3.40 3.24 3.10 2.78 2.61 2.58 3.53 2.75 2.32 1.89 2.61 1.41 1.74 1.66 1.71 1.65 1.54 1.56 1.40 1.42 1.35 1.07 1.06 0.97 0.90 0.68 0.56 0.53 0.60 0.59 0.63
EPS (Diluted) 3.40 3.24 3.10 2.78 2.61 2.66 3.64 2.74 2.31 1.89 2.59 1.40 1.73 1.65 1.70 1.62 1.51 1.52 1.32 1.37 1.24 1.01 1.02 0.96 0.90 0.68 0.56 0.53 0.60 0.59 0.63
Shares Outstanding 529.1 495 486.3 478.6 470.9 468.8 468.8 450.2 445.0 349.4 310.5 274.6 250.9 190 181.6 172.9 170.2 157.4 137.6 103.5 101.8 84.7 69.2 65.1 59.5 54.1 52.2 51.6 50.5 49.3 48.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1995
Current Assets
Cash & Cash Equivalents 367 220 625 209 131 249 370 332 327 269 242 230 72 154 89 109 85 66 58 41 33.4 37.2 65.1 26.3 14.3 18.4 11.3 6.6 11.8 5.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2) 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,695 1,669 1,627 1,759 1,269 1,102 1,105 1,171 991 1,051 855 838 674 587 654 655 595 681 635 285.6 204.2 190.6 93.8 136.1 102.2 76.5 64.3 69.7 60.4 57.8
Inventory 649 685 566 661 478 422 394 398 367 372 337 321 143 133 134 168 178 229 335 32.7 32.0 30.2 16.5 17.8 18.2 16.7 17.2 7.1 6.4 6.9
Other Current Assets 915 1,040 1,057 1,494 734 737 617 1,276 443 389 355 339 362 252 304 255 252 157 119 35.7 33.3 28.9 17.1 0 0.3 54.1 0 10.7 0 0
Total Current Assets 3,805 3,796 4,025 4,269 2,728 2,612 2,574 3,261 2,207 2,166 1,857 1,787 1,296 1,093 1,132 1,204 1,126 1,150 1,047 409.1 312.7 293.4 192.5 180.1 134.9 165.8 92.9 94.1 78.6 72.7
Non-Current Assets
Property, Plant & Equipment 50,886 49,520 43,436 41,706 37,856 36,038 34,034 32,757 29,668 29,337 19,595 17,843 12,267 10,249 8,687 8,762 8,246 7,908 7,241 469 3,020.7 2,688.1 1,609.5 1,506.3 1,284.6 1,114.4 989.7 789.6 778.3 723.5
Goodwill 12,527 13,112 12,184 12,464 11,720 11,792 12,004 12,530 11,644 12,364 4,173 3,732 2,075 1,568 1,557 1,553 1,560 1,575 0 0 0 0 0 0 0 0 0 69.7 60.4 27.1
Intangible Assets 1,723 1,661 1,510 1,548 1,343 1,291 1,260 1,200 1,081 1,011 541 488 345 325 341 324 279 273 635 285.6 204.2 190.6 93.8 136.1 102.2 76.5 64.3 0 0 0
Long-Term Investments 0 484 417 316 178 158 126 153 124 99 125 12 10 10 10 0 152 (1,914) 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 5,889 4,913 4,348 3,949 3,834 3,590 3,406 3,150 3,098 2,927 2,513 2,336 1,908 1,705 1,839 1,044 780 206 409 3,895.9 456.7 360.8 301.7 215.1 172.4 216.1 122.0 120.8 115.6 93.2
Total Non-Current Assets 71,025 69,690 61,895 59,983 54,931 52,869 50,830 49,790 45,615 45,738 26,947 24,446 16,612 13,857 12,442 11,699 11,034 10,016 9,209 5,036 4,003.5 3,581.5 1,998.8 1,806.9 1,489.8 1,366.6 1,150.7 952.4 938.8 843.8
Total Assets 74,830 73,486 65,920 64,252 57,659 55,481 53,404 53,051 47,822 47,904 28,804 26,233 17,908 14,950 13,562 12,903 12,160 11,178 10,273 5,447.4 4,316.2 3,838.0 2,210.6 1,987.0 1,624.8 1,478.6 1,243.6 1,037.2 1,017.4 916.4
Current Liabilities
Account Payables 3,503 1,121 990 886 774 707 754 679 696 554 414 612 423 498 457 953 852 874 793 333.8 265.2 272.5 140.0 145.2 116.4 128.9 94.4 78.7 80.8 54.4
Short-Term Debt 3,558 2,088 2,415 2,734 1,875 1,386 1,202 986 914 1,406 895 855 940 295 262 358 415 410 911 183 80.3 229.1 142.6 181.6 150.5 46.3 103.2 28.2 61.5 48.7
Deferred Revenue 0 360 263 401 288 0 226 267 204 287 160 0 170 135 256 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 452 1,020 952 912 567 1,145 1,500 1,838 1,274 716 703 445 431 320 494 170 301 174 0 20.3 11 12.0 0 0 0.9 0 0 0 0 43.4
Total Current Liabilities 7,513 6,036 5,964 6,617 4,802 4,148 4,176 4,252 3,504 3,944 2,638 2,684 2,084 1,350 1,320 1,517 1,594 1,697 1,804 558 423.3 537.6 296.1 334.5 273.3 224.4 229.6 147.8 172.2 153.4
Non-Current Liabilities
Long-Term Debt 30,723 31,224 27,235 25,931 23,707 23,113 21,501 23,159 20,754 20,876 10,840 9,964 6,474 5,788 5,730 0 0 4,884 4,623 2,558 2,135.7 1,878.6 1,031.4 942.3 796.1 728.3 537.8 474.3 435.6 385.3
Deferred Tax Liabilities 5,292 5,020 4,399 4,060 3,627 0 0 0 0 0 0 1,626 1,078 718 676 629 576 61 55 57.7 44.7 34.8 41.9 24.4 0 0 0 0 0 0
Other Non-Current Liabilities 4,923 4,835 4,444 4,325 4,143 7,572 7,125 6,794 6,401 6,174 4,486 2,334 1,473 1,256 1,125 6,378 5,693 (4,945) (4,678) (2,615.7) (2,180.4) (1,913.4) (1,073.2) (966.7) (796.1) (728.3) (537.8) (474.3) (435.6) 64.0
Total Non-Current Liabilities 41,448 41,597 36,624 34,793 31,941 31,049 29,115 30,343 27,569 27,510 15,813 14,445 9,448 8,190 7,966 7,327 6,884 4,945 4,678 2,616.2 2,169.4 1,913.4 1,073.2 966.7 796.1 728.4 537.8 479.5 435.6 449.4
Total Liabilities 48,961 47,633 42,588 41,410 36,743 35,197 33,291 34,595 31,073 31,454 18,451 17,121 11,532 9,540 8,885 8,844 8,497 7,628 7,435 3,912 2,743.7 2,480.9 1,389.4 1,361.2 1,138.8 1,035.0 865.4 690.1 682.4 602.7
Stockholders' Equity
Common Stock 16,112 15,589 15,108 14,656 14,237 13,819 13,645 11,889 11,582 10,762 5,867 5,667 3,783 3,121 3,036 0 0 0 2,601 1,276 1,213.4 1,000.1 614.7 584.5 448.9 412.1 344.9 338.7 326.5 123.8
Retained Earnings 4,969 4,521 4,112 3,733 3,458 3,210 2,916 2,082 1,727 1,455 1,388 1,060 1,044 952 905 804 763 634 551 486.3 411.7 337.0 295.0 257.8 227.1 201.7 191.7 189.6 185.5 0
Accumulated Other Comprehensive Income 1,101 2,067 653 1,008 (40) 34 336 928 61 745 791 129 (72) (96) (74) (94) (83) (52) (82) (44.3) (14.8) (13.9) (10.8) 6.2 5.4 1.2 (0.8) (468.5) (451.6) 0
Total Stockholders' Equity 23,810 23,808 21,505 21,030 19,288 18,697 18,531 16,533 15,003 14,597 9,880 8,691 6,001 5,100 4,469 3,897 3,540 3,393 2,723 1,398 1,532.9 1,319.6 737.7 585.8 448.9 412.1 344.9 338.7 326.5 294.7
Total Liabilities & Equity 74,830 73,486 65,920 64,252 57,659 55,481 53,404 53,051 47,822 47,904 28,804 26,233 17,908 14,950 13,562 12,903 12,160 11,178 10,273 5,447.4 4,316.2 3,838.0 2,210.6 1,987.0 1,624.8 1,478.6 1,243.6 1,037.2 1,017.4 916.4
Debt Metrics
Total Debt 34,673 33,702 30,028 29,035 25,947 24,872 23,216 24,787 22,129 22,818 12,248 11,522 7,838 6,518 6,428 5,967 5,691 5,534 5,534 2,741 2,215.9 2,133.6 1,174.0 1,123.9 946.6 774.7 641.1 502.5 497.1 434.1
Net Debt 34,306 33,482 29,403 28,826 25,816 24,623 22,846 24,455 21,802 22,549 12,006 11,292 7,766 6,364 6,341 5,858 5,606 5,468 5,476 2,700.0 2,182.5 2,096.4 1,108.9 1,097.6 932.3 756.2 629.8 495.9 485.3 428.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1995
Operating Activities
Net Income 1,961 1,828 1,573 1,514 1,405 1,389 1,327.9 1,286 1,125 713 805 379 420 371 356 323 292 259 199 148.8 137.1 90.9 81.5 67.5 56.5 39.4 30.0 24.3 30.0 0
Depreciation & Amortization 2,057 1,927 1,773 1,668 1,505 1,428 1,041.1 1,243 1,179 983 873 688 541 470 416 408 360 345 0 0 0 0 0 0 0 0 0 0 0 38.0
Stock-Based Compensation 0 0 0 41 100 78 0 0 40 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (203) 69 (181) (317) (144) (434) (129.6) (89) (97) (20) (48) (204) (31) 132 125 (2) 3 39 (106) (73.1) (9.2) 50.3 16.5 5.2 (25.7) 20.4 15.2 5.9 (8.9) 6.6
Other Non-Cash Items (68) (96) 108 (14) (106) 14 (376.3) 28 (35) 88 (121) 96 (25) 2 14 6 (23) 4 280 177.1 163.2 121.1 57.5 58.5 51.1 42.3 38.8 44.9 43.4 17.6
Operating Cash Flow 4,062 3,882 3,545 3,074 2,907 2,701 2,053.6 2,604 2,756 1,884 1,673 982 899 992 904 732 637 663 373 263.1 303.4 271.3 160.6 134.4 94.1 100.5 84.7 68.9 64.5 60.7
Investing Activities
Capital Expenditure (6,234) (5,218) (4,169) (3,865) (3,386) (4,039) (2,698.3) (3,218) (3,024) (2,061) (2,243) (1,725) (1,175) (1,146) (1,174) (1,073) (1,024) (904) (803) (500.0) (508.6) (278.7) (207.7) (228.8) (149.5) (157.7) (66.7) (65.5) (49.7) (41.8)
Acquisitions 452 0 430 (100) 0 0 767.3 0 0 (4,841) (38) (2,648) (1,055) (21) (25) 0 (77) (22) (1,303) (168.9) (3.3) (752.7) (11.0) (103.1) (102.1) (4.7) (59.1) 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (8) 0 0 (1.9) (0.2) (0.0) (71.0) (12.3) (0.9) (81.5) 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32 0 0 8.2 1.6 0 1.2 0.0 5.5 0 0 0 0 0
Other Investing Activities 133 (383) (186) (372) (299) (275) (33.2) (34) (1) 11 913 174 66 55 74 82 25 72 73 28.5 43.6 5.2 (19.5) (4.5) 7.2 3.2 3.3 (2.2) (4.3) (61.3)
Investing Cash Flow (5,357) (5,395) (3,742) (4,059) (3,488) (4,132) (2,134.6) (3,252) (3,025) (6,891) (1,368) (4,199) (2,164) (1,096) (1,125) (991) (1,052) (854) (2,033) (634.1) (466.9) (1,026.3) (308.0) (348.7) (239.7) (240.7) (122.5) (65.9) (54.0) (103.1)
Financing Activities
Net Debt Issuance 2,313 1,944 1,415 1,790 1,138 2,155 (512.8) 1,184 375 4,285 (222) 2,952 658 85 (40) 138 551 162 562 309.1 89.5 241.6 94.9 201.6 161.8 117.8 59.8 10.9 54.6 3.2
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 (50) 0 0 0 0 (50) 0
Dividends Paid (873) (818) (768) (737) (671) (851) (432.6) (525) (484) (388) (309) (256) (237) (216) (197) (172) (205) (176) (134) (77) (62.4) (48.8) (36.4) (33.2) (28.0) (25.7) (23.8) (23.3) (22.5) (22.0)
Other Financing Activities (39) (108) (77) (71) (76) (35) (47.8) (49) 448 1,153 145 28 765 84 72 53 (5) (321) (15) 10.9 (2.4) (1.0) (0.2) 5.4 0.5 3.5 1.6 (3.5) 2.5 19.0
Financing Cash Flow 1,461 1,064 613 1,035 451 1,327 118.8 644 339 5,050 (346) 3,361 1,186 171 180 283 387 196 1,680 379 159.9 726.5 189.6 226.0 141.4 150.8 42.5 (8.0) (6.2) 60.1
Cash Position
Net Change in Cash 147 (405) 416 78 (118) (121) 42.2 5 58 27 12 158 (82) 67 (20) 24 19 8 17 8 (3.8) (27.9) 38.8 12.0 (4.1) 7.1 4.7 (4.9) 4.2 (4.4)
Cash at Beginning 220 625 209 131 249 370 243.1 327 269 242 230 72 154 87 109 85 66 58 41 33.4 37.2 65.1 26.3 14.3 18.4 11.3 6.6 11.8 7.6 9.9
Cash at End 367 220 625 209 131 249 285.3 332 327 269 242 230 72 154 89 109 85 66 58 40.9 33.4 37.2 65.1 26.3 14.3 18.4 11.3 7.0 11.8 5.5
Free Cash Flow (2,172) (1,336) (624) (791) (479) (1,338) (644.7) (614) (268) (177) (570) (743) (276) (154) (270) (341) (387) (241) (430) (236.9) (205.2) (7.3) (47.1) (94.4) (55.3) (57.2) 18.0 10.1 14.8 18.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 12,170 11,508 11,517 11,043 9,448 8,935 8,783 8,390 8,301 6,838 6,757 5,401 4,047 3,654 3,738 3,664 3,637 3,903 2,718 1,471.7 1,441.5 1,146.1 843.1 715.5 628.3 584.6 505.2 474.4 493.8 474.3 447.0
Gross Profit 8,799 8,259 7,746 7,091 6,497 6,373 6,263 3,608 5,940 4,497 4,166 3,204 2,430 2,132 2,041 1,978 1,838 1,791 1,431 931.3 1,441.5 1,146.1 843.1 715.5 628.3 584.6 505.2 474.4 250.7 474.3 216.9
Operating Income 3,492 3,292 3,084 2,740 2,469 2,508 3,038 2,365 2,511 1,483 1,419 1,023 852 794 775 740 701 700 541 355.2 356.5 263.8 201.6 173.1 147.4 109.8 103.3 90.6 104.2 474.3 94.0
Net Income 1,799 1,680 1,573 1,394 1,294 1,274 1,722 1,166 1,028 660 805 379 410 362 357 313 280 259 199 149 137.1 90.9 73.6 63.3 53.6 36.8 29.2 27.4 30.0 36.4 35.0
EPS (Diluted) 3.40 3.24 3.10 2.78 2.61 2.66 3.64 2.74 2.31 1.89 2.59 1.40 1.73 1.65 1.70 1.62 1.51 1.52 1.32 1.37 1.24 1.01 1.02 0.96 0.90 0.68 0.56 0.53 0.60 0.59 0.63
Balance Sheet
Cash & Equivalents 367 220 625 209 131 249 370 332 327 269 242 230 72 154 89 109 85 66 58 41 33.4 37.2 65.1 26.3 14.3 18.4 11.3 6.6 11.8 5.5
Total Assets 74,830 73,486 65,920 64,252 57,659 55,481 53,404 53,051 47,822 47,904 28,804 26,233 17,908 14,950 13,562 12,903 12,160 11,178 10,273 5,447.4 4,316.2 3,838.0 2,210.6 1,987.0 1,624.8 1,478.6 1,243.6 1,037.2 1,017.4 916.4
Total Debt 34,673 33,702 30,028 29,035 25,947 24,872 23,216 24,787 22,129 22,818 12,248 11,522 7,838 6,518 6,428 5,967 5,691 5,534 5,534 2,741 2,215.9 2,133.6 1,174.0 1,123.9 946.6 774.7 641.1 502.5 497.1 434.1
Stockholders' Equity 23,810 23,808 21,505 21,030 19,288 18,697 18,531 16,533 15,003 14,597 9,880 8,691 6,001 5,100 4,469 3,897 3,540 3,393 2,723 1,398 1,532.9 1,319.6 737.7 585.8 448.9 412.1 344.9 338.7 326.5 294.7
Cash Flow
Operating Cash Flow 4,062 3,882 3,545 3,074 2,907 2,701 2,053.6 2,604 2,756 1,884 1,673 982 899 992 904 732 637 663 373 263.1 303.4 271.3 160.6 134.4 94.1 100.5 84.7 68.9 64.5 60.7
Capital Expenditure (6,234) (5,218) (4,169) (3,865) (3,386) (4,039) (2,698.3) (3,218) (3,024) (2,061) (2,243) (1,725) (1,175) (1,146) (1,174) (1,073) (1,024) (904) (803) (500.0) (508.6) (278.7) (207.7) (228.8) (149.5) (157.7) (66.7) (65.5) (49.7) (41.8)
Free Cash Flow (2,172) (1,336) (624) (791) (479) (1,338) (644.7) (614) (268) (177) (570) (743) (276) (154) (270) (341) (387) (241) (430) (236.9) (205.2) (7.3) (47.1) (94.4) (55.3) (57.2) 18.0 10.1 14.8 18.9