Fortis Inc. FTS
Electric Utilities: Central · IPO 2016 · data as of November 13, 2026
Fortis Inc. (FTS) is a utility company listed in the US with a market value of about $30.8B. In the twelve months to September 30, 2026 it had revenue of $8.8B and net income of $1.3B, a net margin of 14.3%.
Its overall Stock Analiz score is 1.2 out of 5 (weak). The strongest part is future growth (2/5); the weakest is financial health (0/5).
Key numbers: a P/E of 24.2, 5-year revenue growth of 5% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 37% below the current price.
Score: 1.2 / 5
Checks passed
- P/E below 25
- Revenue growth above 10% last year
- Profit margin improving
- Profitable 5 years in a row
- Pays a dividend
- Dividend 3 years in a row
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B | $8.9B | $8.0B | $8.7B | $8.2B | $7.4B | $7.0B | $6.8B | $6.2B | $6.6B | $5.1B |
| Net income | $1.3B | $1.3B | $1.1B | $1.1B | $982M | $969M | $949M | $1.3B | $807M | $768M | $435M |
| Free cash flow | -$1.5B | -$1.4B | -$785M | -$333M | -$379M | -$222M | -$907M | -$643M | -$314M | -$45M | -$21M |
| EPS (diluted) | $2.47 | $2.43 | $2.16 | $2.20 | $1.90 | $1.88 | $1.84 | $2.47 | $1.56 | $1.49 | $0.84 |
| Net margin | 14.3% | 14.1% | 14.0% | 13.1% | 12.0% | 13.0% | 13.5% | 18.8% | 13.1% | 11.6% | 8.6% |
| ROIC | — | 5.0% | 4.8% | 5.0% | 4.6% | 4.7% | 5.0% | 6.4% | 5.1% | 4.5% | 3.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Fortis’s P/E ratio?
About 24.2, based on the last twelve months of diluted earnings per share (forward P/E about 21.4).
Is Fortis stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 37% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Fortis pay a dividend?
Yes. The dividend yield is about 3.17%, and it has paid dividends for 10 years in our data.
Is Fortis a good stock to buy?
We do not give buy or sell advice. Fortis scores 1.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.