Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 60.14 CAD 0.22%
Market Cap: 29.9B CAD
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Net Margin
Fortis Inc

13.9%
Current
13%
Average
8.3%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.9%
=
Net Income
1.6B
/
Revenue
11.4B

Net Margin Across Competitors

Country CA
Market Cap 29.9B CAD
Net Margin
14%
Country US
Market Cap 148.1B USD
Net Margin
26%
Country US
Market Cap 90.6B USD
Net Margin
18%
Country ES
Market Cap 84.6B EUR
Net Margin
15%
Country US
Market Cap 83.4B USD
Net Margin
14%
Country IT
Market Cap 69.1B EUR
Net Margin
7%
Country US
Market Cap 71.6B USD
Net Margin
12%
Country US
Market Cap 52B USD
Net Margin
11%
Country US
Market Cap 49.1B USD
Net Margin
13%
Country FR
Market Cap 46.6B EUR
Net Margin
-13%
Country DK
Market Cap 39.4B EUR
Net Margin
8%
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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

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.9%
=
Net Income
1.6B
/
Revenue
11.4B
What is the Net Margin of Fortis Inc?

Based on Fortis Inc's most recent financial statements, the company has Net Margin of 13.9%.