Fortis Inc
TSX:FTS

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Fortis Inc Logo
Fortis Inc
TSX:FTS
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Price: 63.22 CAD 1.02% Market Closed
Market Cap: 31.4B CAD
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

11.4B
+0.5%
Revenue
Growth Rates:
1 Year
-3%
3 Years
+24%
5 Years
+32%
7 Years
+38%
10 Years
+134%
3.2B
-0.2%
Operating Income
Growth Rates:
1 Year
+6%
3 Years
+31%
5 Years
+38%
7 Years
+37%
10 Years
+230%
1.6B
+2%
Net Income
Growth Rates:
1 Year
+6%
3 Years
+29%
5 Years
+1%
7 Years
+56%
10 Years
+423%

Earnings Waterfall
Fortis Inc

Revenue
11.4B CAD
Cost of Revenue
-3.4B CAD
Gross Profit
8.1B CAD
Operating Expenses
-4.9B CAD
Operating Income
3.2B CAD
Other Expenses
-1.6B CAD
Net Income
1.6B CAD

Income Statement
Fortis Inc

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Income Statement
Currency: CAD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
4 881
N/A
5 401
+11%
5 861
+9%
6 343
+8%
6 712
+6%
6 757
+1%
6 614
-2%
6 561
-1%
6 523
-1%
6 838
+5%
7 381
+8%
7 911
+7%
8 284
+5%
8 301
+0%
8 224
-1%
8 156
-1%
8 295
+2%
8 390
+1%
8 629
+3%
8 652
+0%
8 663
+0%
8 783
+1%
8 738
-1%
8 845
+1%
8 915
+1%
8 935
+0%
9 083
+2%
9 136
+1%
9 211
+1%
9 448
+3%
9 744
+3%
10 101
+4%
10 458
+4%
11 043
+6%
11 527
+4%
11 634
+1%
11 800
+1%
11 517
-2%
11 316
-2%
11 392
+1%
11 444
+0%
Gross Profit
Cost of Revenue
(1 962)
(2 197)
(2 351)
(2 479)
(2 606)
(2 591)
(2 465)
(2 422)
(2 392)
(2 341)
(2 429)
(2 465)
(2 440)
(2 361)
(2 336)
(2 319)
(2 415)
(2 495)
(2 599)
(2 588)
(2 536)
(2 520)
(2 437)
(2 455)
(2 505)
(2 562)
(2 661)
(2 740)
(2 792)
(2 951)
(3 185)
(3 389)
(3 569)
(3 952)
(4 181)
(4 171)
(4 140)
(3 771)
(3 468)
(3 394)
(3 358)
Gross Profit
2 919
N/A
3 204
+10%
3 510
+10%
3 864
+10%
4 106
+6%
4 166
+1%
4 149
0%
4 139
0%
4 131
0%
4 497
+9%
4 952
+10%
5 446
+10%
5 844
+7%
5 940
+2%
5 888
-1%
5 837
-1%
5 880
+1%
5 895
+0%
6 030
+2%
6 064
+1%
6 127
+1%
6 263
+2%
6 301
+1%
6 390
+1%
6 410
+0%
6 373
-1%
6 422
+1%
6 396
0%
6 419
+0%
6 497
+1%
6 559
+1%
6 712
+2%
6 889
+3%
7 091
+3%
7 346
+4%
7 463
+2%
7 660
+3%
7 746
+1%
7 848
+1%
7 998
+2%
8 086
+1%
Operating Income
Operating Expenses
(1 940)
(2 181)
(2 402)
(2 624)
(2 737)
(2 747)
(2 767)
(2 775)
(2 770)
(3 014)
(3 185)
(3 389)
(3 488)
(3 429)
(3 408)
(3 405)
(3 482)
(3 530)
(3 625)
(3 704)
(3 778)
(3 802)
(3 247)
(3 859)
(3 862)
(3 865)
(3 904)
(3 919)
(3 946)
(4 028)
(4 082)
(4 178)
(4 256)
(4 351)
(4 452)
(4 529)
(4 602)
(4 662)
(4 695)
(4 761)
(4 856)
Depreciation & Amortization
(619)
(688)
(755)
(826)
(862)
(873)
(892)
(904)
(921)
(983)
(1 046)
(1 112)
(1 168)
(1 179)
(1 184)
(1 195)
(1 218)
(1 243)
(1 275)
(1 304)
(1 326)
(1 350)
(1 373)
(1 401)
(1 424)
(1 428)
(1 443)
(1 446)
(1 468)
(1 505)
(1 540)
(1 588)
(1 630)
(1 668)
(1 697)
(1 720)
(1 741)
(1 773)
(1 804)
(1 844)
(1 881)
Other Operating Expenses
(1 321)
(1 493)
(1 647)
(1 798)
(1 875)
(1 874)
(1 875)
(1 871)
(1 849)
(2 031)
(2 139)
(2 277)
(2 320)
(2 250)
(2 224)
(2 210)
(2 264)
(2 287)
(2 350)
(2 400)
(2 452)
(2 452)
(1 874)
(2 458)
(2 438)
(2 437)
(2 461)
(2 473)
(2 478)
(2 523)
(2 542)
(2 590)
(2 626)
(2 683)
(2 755)
(2 809)
(2 861)
(2 889)
(2 891)
(2 917)
(2 975)
Operating Income
979
N/A
1 023
+4%
1 108
+8%
1 240
+12%
1 369
+10%
1 419
+4%
1 382
-3%
1 364
-1%
1 361
0%
1 483
+9%
1 767
+19%
2 057
+16%
2 356
+15%
2 511
+7%
2 480
-1%
2 432
-2%
2 398
-1%
2 365
-1%
2 405
+2%
2 360
-2%
2 349
0%
2 461
+5%
3 054
+24%
2 531
-17%
2 548
+1%
2 508
-2%
2 518
+0%
2 477
-2%
2 473
0%
2 469
0%
2 477
+0%
2 534
+2%
2 633
+4%
2 740
+4%
2 894
+6%
2 934
+1%
3 058
+4%
3 084
+1%
3 153
+2%
3 237
+3%
3 230
0%
Pre-Tax Income
Interest Income Expense
(516)
(553)
(563)
(577)
(559)
(559)
(571)
(569)
(576)
(654)
(744)
(833)
(912)
(870)
(917)
(928)
(948)
(960)
(996)
(1 006)
(1 011)
(1 002)
(1 006)
(1 002)
(992)
(996)
(981)
(981)
(979)
(961)
(976)
(995)
(1 064)
(1 108)
(1 144)
(1 178)
(1 197)
(1 220)
(1 250)
(1 281)
(1 269)
Non-Reccuring Items
(60)
(58)
(56)
(72)
(30)
(9)
(33)
(25)
(35)
(39)
(35)
0
0
0
0
0
0
0
0
588
588
588
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
180
185
165
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
0
0
0
0
Total Other Income
32
39
46
46
47
47
238
62
61
68
83
91
100
72
93
91
92
46
78
82
80
94
82
93
104
108
138
141
140
131
132
133
148
171
177
183
179
183
196
204
223
Pre-Tax Income
436
N/A
451
+3%
535
+19%
817
+53%
1 012
+24%
1 063
+5%
1 016
-4%
832
-18%
811
-3%
858
+6%
1 071
+25%
1 315
+23%
1 544
+17%
1 713
+11%
1 656
-3%
1 595
-4%
1 542
-3%
1 451
-6%
1 487
+2%
2 024
+36%
2 006
-1%
2 141
+7%
2 130
-1%
1 622
-24%
1 660
+2%
1 620
-2%
1 675
+3%
1 637
-2%
1 634
0%
1 639
+0%
1 633
0%
1 672
+2%
1 717
+3%
1 803
+5%
1 927
+7%
1 939
+1%
2 040
+5%
2 070
+1%
2 099
+1%
2 160
+3%
2 184
+1%
Net Income
Tax Provision
(69)
(66)
(84)
(151)
(199)
(223)
(208)
(160)
(160)
(145)
(209)
(283)
(349)
(420)
(366)
(325)
(271)
(209)
(223)
(287)
(267)
(289)
(281)
(214)
(240)
(231)
(243)
(233)
(224)
(234)
(231)
(236)
(252)
(289)
(322)
(318)
(345)
(360)
(361)
(381)
(372)
Income from Continuing Operations
367
385
451
666
813
840
808
672
651
713
862
1 032
1 195
1 293
1 290
1 270
1 271
1 242
1 264
1 737
1 739
1 852
1 849
1 408
1 420
1 389
1 432
1 404
1 410
1 405
1 402
1 436
1 465
1 514
1 605
1 621
1 695
1 710
1 738
1 779
1 812
Income to Minority Interest
(11)
(11)
(11)
(23)
(29)
(35)
(40)
(42)
(42)
(53)
(73)
(94)
(112)
(97)
(95)
(92)
(95)
(120)
(123)
(116)
(116)
(130)
(127)
(132)
(131)
(115)
(115)
(109)
(111)
(111)
(113)
(116)
(114)
(120)
(124)
(129)
(134)
(137)
(141)
(144)
(149)
Net Income (Common)
304
N/A
317
+4%
372
+17%
569
+53%
706
+24%
728
+3%
692
-5%
555
-20%
531
-4%
585
+10%
717
+23%
867
+21%
1 018
+17%
963
-5%
992
+3%
975
-2%
973
0%
1 100
+13%
1 088
-1%
1 568
+44%
1 570
+0%
1 655
+5%
1 656
+0%
1 210
-27%
1 224
+1%
1 209
-1%
1 252
+4%
1 231
-2%
1 234
+0%
1 231
0%
1 226
0%
1 257
+3%
1 288
+2%
1 330
+3%
1 417
+7%
1 427
+1%
1 495
+5%
1 506
+1%
1 528
+1%
1 565
+2%
1 591
+2%
EPS (Diluted)
1.4
N/A
1.4
N/A
1.31
-6%
2
+53%
2.47
+24%
2.56
+4%
2.39
-7%
1.94
-19%
1.83
-6%
1.87
+2%
1.76
-6%
2.07
+18%
2.42
+17%
2.31
-5%
2.34
+1%
2.29
-2%
2.28
0%
2.58
+13%
2.52
-2%
3.61
+43%
3.59
-1%
3.78
+5%
3.56
-6%
2.6
-27%
2.62
+1%
2.6
-1%
2.69
+3%
2.61
-3%
2.61
N/A
2.61
N/A
2.59
-1%
2.65
+2%
2.7
+2%
2.78
+3%
2.95
+6%
2.96
+0%
3.06
+3%
3.1
+1%
3.13
+1%
3.16
+1%
3.2
+1%

See Also

Summary
FTS intrinsic value, competitors valuation, and company profile.
DCF Valuation
FTS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FTS stock valuation using valuation multiples.
Wall Street Estimates
FTS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FTS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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