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Fortis Inc. (FTS)

Also trades as FINCF, FORFF, FRTJF, FRTSF, FTPSF, FTRSF. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

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CIK 0001666175 · NYSE · Electric Services

  • Sector Transportation & Utilities
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Fortis Inc. reported revenue of 12.17B CAD. Revenue grew 5.8% from the prior annual period.

Key ratios (year ended 2025-12-31)

72.3%
Gross margin (computed)
28.7%
Operating margin
16.1%
Net margin
8.2%
Return on year-end equity
5.8%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 6-K (current report) · 2026-10-05

Headquarters locality: St. John's · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue12.17B CAD11.51B CAD11.52B CAD11.04B CAD9.45B CAD8.94B CAD8.78B CAD8.39B CAD8.30B CAD6.84B CAD
Cost of Revenue3.37B CAD3.25B CAD3.77B CAD3.95B CAD2.95B CAD2.56B CAD2.52B CAD2.50B CAD2.36B CADn/a
Gross Profit (computed)8.80B CAD8.26B CAD7.75B CAD7.09B CAD6.50B CAD6.37B CAD6.26B CAD5.89B CAD5.94B CADn/a
Operating Income3.49B CAD3.29B CAD3.08B CAD2.74B CAD2.47B CAD2.51B CAD3.04B CAD2.37B CAD2.51B CAD1.48B CAD
Depreciation & Amortization2.06B CAD1.93B CAD1.77B CAD1.67B CAD1.50B CAD1.43B CAD1.35B CAD1.24B CAD1.18B CAD983.00M CAD
EBITDA5.55B CAD5.22B CAD4.86B CAD4.41B CAD3.97B CAD3.94B CAD4.39B CAD3.61B CAD3.69B CAD2.47B CAD
Net Income1.96B CAD1.83B CAD1.71B CAD1.51B CAD1.41B CAD1.39B CAD1.85B CAD1.29B CAD1.12B CAD713.00M CAD
EPS (Diluted)3.40 CAD3.24 CAD3.10 CAD2.78 CAD2.61 CAD2.60 CAD3.78 CAD2.59 CAD2.31 CAD1.89 CAD
Total Assets74.83B CAD73.49B CAD65.92B CAD64.25B CAD57.66B CAD55.48B CAD53.40B CAD53.05B CAD47.82B CAD47.90B CAD
Total Liabilities48.96B CAD47.63B CAD42.59B CAD41.41B CAD36.74B CAD35.20B CAD33.29B CAD34.59B CAD31.07B CAD31.45B CAD
Shareholders' Equity23.81B CAD23.81B CAD21.50B CAD21.03B CAD19.29B CAD18.70B CAD18.53B CAD16.53B CAD15.00B CAD14.60B CAD
Cash & Equivalents367.00M CAD220.00M CAD625.00M CAD209.00M CAD131.00M CAD249.00M CAD370.00M CAD332.00M CAD327.00M CAD269.00M CAD
Operating Cash Flow4.06B CAD3.88B CAD3.54B CAD3.07B CAD2.91B CAD2.70B CAD2.66B CAD2.60B CAD2.76B CAD1.88B CAD
Capital Expenditures5.94B CAD5.01B CAD3.99B CAD3.59B CAD3.19B CAD3.86B CAD3.50B CAD3.03B CAD2.81B CAD1.91B CAD
Free Cash Flow-1.88B CAD-1.13B CAD-441.00M CAD-513.00M CAD-282.00M CAD-1.16B CAD-836.00M CAD-428.00M CAD-57.00M CAD-28.00M CAD
Dividends Paid788.00M CAD744.00M CAD701.00M CAD673.00M CAD608.00M CAD786.00M CAD494.00M CAD459.00M CAD419.00M CAD316.00M CAD
Shares Outstanding507.30M499.30M490.60M482.20M474.80M466.80M463.30M428.50M421.10M401.50M
Dividends Per Share2.51 CAD2.41 CAD2.31 CAD2.20 CAD2.08 CAD1.97 CAD1.85 CAD1.75 CAD1.65 CAD1.55 CAD
Weighted Average Diluted Shares503.70M495.20M486.50M479.00M471.40M465.40M437.50M425.20M416.20M313.40M
EPS (Basic)3.40 CAD3.24 CAD3.10 CAD2.78 CAD2.61 CAD2.60 CAD3.79 CAD2.59 CAD2.32 CAD1.89 CAD

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