Fortis Inc
TSX:FTS

Watchlist Manager
Fortis Inc Logo
Fortis Inc
TSX:FTS
Watchlist
Price: 60.14 CAD 0.22%
Market Cap: 29.9B CAD
Have any thoughts about
Fortis Inc?
Write Note

Fortis Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Fortis Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Fortis Inc
TSX:FTS
Revenue
CA$11.4B
CAGR 3-Years
8%
CAGR 5-Years
6%
CAGR 10-Years
9%
Hydro One Ltd
TSX:H
Revenue
CA$8.4B
CAGR 3-Years
5%
CAGR 5-Years
6%
CAGR 10-Years
N/A
Emera Inc
TSX:EMA
Revenue
CA$7.4B
CAGR 3-Years
11%
CAGR 5-Years
3%
CAGR 10-Years
10%
No Stocks Found

Fortis Inc
Revenue Breakdown

Breakdown by Geography
Fortis Inc

Not Available

Breakdown by Segments
Fortis Inc

Total Revenue: 11.5B CAD
100%
Electric And Gas Revenue: 10.8B CAD
93.7%
Other Servicesrrevenue: 308m CAD
2.7%

Fortis Inc
Glance View

Market Cap
29.9B CAD
Industry
Utilities
Economic Moat
None

Fortis Inc. has quietly become a formidable entity in the North American utility landscape, intertwining its legacy with the very infrastructure that powers homes and businesses across the continent. Headquartered in St. John's, Newfoundland and Labrador, this energy titan traces its origins to 1885 with the foundation of the St. John's Electric Company. Through a series of strategic acquisitions and developments, Fortis expanded its reach, becoming a linchpin in the electric and gas utility sectors. Today, it holds a vast portfolio of utility operations, stretching from British Columbia through the Caribbean, with significant footprints in the United States through subsidiaries like ITC Holdings Corp. and UNS Energy. This wide geographical presence not only provides Fortis with revenue stability and diverse income channels but also places it in a prime position to reinvest in renewable energy and smart grid technologies. The company's financial engine runs on the dependable streams of regulated utility earnings, a model that offers protection against economic fluctuations. By owning and operating electric and gas utilities serving millions of customers, Fortis ensures a steady cash flow through rate-regulated returns. Investments in infrastructure, such as upgraded transmission lines and electric grids, are balanced with customer demand and regulatory frameworks. Fortis's strategic approach focuses on delivering reliable energy services while pursuing growth opportunities that allow the company to sustainably increase shareholder value. As the world pivots toward cleaner energy solutions, Fortis continues to seek enhancements that not only optimize operational efficiencies but also reinforce its commitment to innovation and sustainability in the utility sector.

FTS Intrinsic Value
88.44 CAD
Undervaluation 32%
Intrinsic Value
Price

See Also

What is Fortis Inc's Revenue?
Revenue
11.4B CAD

Based on the financial report for Sep 30, 2024, Fortis Inc's Revenue amounts to 11.4B CAD.

What is Fortis Inc's Revenue growth rate?
Revenue CAGR 10Y
9%

Over the last year, the Revenue growth was -3%. The average annual Revenue growth rates for Fortis Inc have been 8% over the past three years , 6% over the past five years , and 9% over the past ten years .

Back to Top