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    Fortis Inc (FTS)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $54.66
    -0.02 (-0.05%)

    Market Cap: $27.93B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    77%(30/39)
    Avg Surprise
    +1.67%
    Streak
    16 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.64
    Range$0.59 - $0.67
    7 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.66-2.9%
    60d ago$0.65-1.4%
    30d ago$0.65-1.4%
    7d ago$0.65-1.4%
    Current$0.64
    Revenue Consensus
    $3.3B
    Range$3.3B - $3.3B
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.66
    Range$0.62 - $0.78
    14 analysts
    Revenue Consensus
    $3.5B
    Range$2.9B - $5.1B
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.66---
    Sep 26EST
    		-$0.64---
    Jun 26
    Reported Jul 31
    		$0.56$0.55+1.82%Beat+1.8%
    Mar 26
    Reported May 6
    		$0.73$0.73+0.00%Beat+0.0%
    Dec 25
    Reported Feb 12
    		$0.66$0.62+6.45%Beat+13.8%
    Sep 25
    Reported Nov 4
    		$0.62$0.61+1.64%Beat+1.6%
    Jun 25
    Reported Aug 1
    		$0.55$0.51+7.84%Beat+14.6%
    Mar 25
    Reported May 7
    		$0.73$0.70+4.29%Beat+7.4%
    Dec 24
    Reported Feb 14
    		$0.58$0.57+1.75%Beat+9.4%
    Sep 24
    Reported Nov 5
    		$0.61$0.59+3.39%Beat+0.0%
    Jun 24
    Reported Jul 31
    		$0.48$0.47+2.13%Beat+2.1%
    Mar 24
    Reported May 1
    		$0.68$0.65+4.62%Beat+1.5%
    Dec 23
    Reported Feb 9
    		$0.53$0.52+1.92%Beat-1.9%
    Sep 23
    Reported Oct 27
    		$0.61$0.60+1.67%Beat+17.3%
    Jun 23
    Reported Aug 2
    		$0.47$0.46+2.17%Beat+6.8%
    Mar 23
    Reported May 3
    		$0.67$0.61+9.84%Beat+9.8%
    Dec 22
    Reported Feb 10
    		$0.54$0.52+3.85%Beat+8.0%
    Sep 22
    Reported Oct 28
    		$0.52$0.50+4.00%Beat+0.0%
    Jun 22
    Reported Jul 28
    		$0.44$0.46-4.35%Miss+0.0%
    Mar 22
    Reported May 4
    		$0.61$0.61+0.00%Beat-1.6%
    Dec 21
    Reported Feb 11
    		$0.50$0.56-10.71%Miss-7.4%
    Sep 21
    Reported Oct 29
    		$0.52$0.52+0.00%Beat+6.1%
    Jun 21
    Reported Jul 29
    		$0.44$0.47-6.38%Miss+4.8%
    Mar 21
    Reported May 5
    		$0.62$0.65-4.62%Miss+29.2%
    Dec 20
    Reported Feb 12
    		$0.54$0.52+3.85%Beat+14.9%
    Sep 20
    Reported Oct 30
    		$0.49$0.49+0.00%Beat-2.0%
    Jun 20
    Reported Jul 30
    		$0.42$0.41+2.44%Beat+2.4%
    Mar 20
    Reported May 6
    		$0.48$0.52-7.69%Miss-12.7%
    Dec 19
    Reported Feb 13
    		$0.47$0.45+4.44%Beat-16.1%
    Sep 19
    Reported Nov 1
    		$0.50$0.50+0.00%Beat+0.0%
    Jun 19
    Reported Aug 2
    		$0.41$0.44-6.82%Miss-6.8%
    Mar 19
    Reported May 1
    		$0.55$0.55+0.00%Beat+1.9%
    Dec 18
    Reported Feb 15
    		$0.56$0.59-5.08%Miss+12.0%
    Sep 18
    Reported Nov 2
    		$0.50$0.48+4.17%Beat+4.2%
    Jun 18
    Reported Jul 31
    		$0.44$0.44+0.00%Beat-10.2%
    Mar 18
    Reported May 1
    		$0.54$0.55-1.82%Miss+8.0%
    Dec 17
    Reported Feb 15
    		$0.50$0.50+0.00%Beat-21.9%
    Sep 17
    Reported Nov 3
    		$0.48$0.45+6.67%Beat-
    Jun 17
    Reported Jul 28
    		$0.49$0.43+13.95%Beat-
    Mar 17
    Reported May 2
    		$0.50$0.53-5.66%Miss-
    Dec 16
    Reported Feb 16
    		$0.64$0.51+25.49%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.37%
    Forward Annual Dividend$1.84
    Payout Ratio29.02%
    Pay MonthsFeb, Jun, Sep, Nov

    Growth

    3Y CAGR-0.35%
    5Y CAGR+4.20%
    FTS dividend history and ex-dividend datesRun FTS in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio29.62EV/EBITDA12.51x
    Price/FCF-18.51xFCF Yield-5.40%
    Profitability
    Profit Margin14.70%Operating Margin28.30%
    ROE7.47%ROIC5.06%
    Financial Health
    Debt/Equity1.42xInterest Coverage2.42x
    Current Ratio0.56xQuick Ratio0.47x
    Trading Statistics
    Beta0.41Avg Volume883.15K
    52-Week High$58.9152-Week Low$47.96

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$53.52
    SMA 20$53.40
    SMA 50$54.47
    SMA 200$55.10
    EMA 10$53.82
    EMA 20$53.74
    EMA 50$54.37
    EMA 200$54.24

    MACD

    Line: -0.09Signal: -0.37Hist: 0.28

    ADX

    ADX: 25.8+DI: 28.5-DI: 14.2

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down60.0
    PSAR$52.83

    Bollinger Bands

    Upper Band$54.61
    Lower Band$52.18
    %B Position455%(Upper)
    Band Width1.02

    RSI (14-Day)

    Neutral
    60.8

    Momentum Oscillators

    Stoch %K90.4
    Stoch %D88.4
    Williams %R-19.5
    ROC (10d)3.6%
    Momentum1.93
    CCI (20d)203.5
    MFI (14d)67.3

    Volatility Measures

    ATR (14d)$0.71(1.3%)
    StdDev (20d)0.61
    Hist Vol9.4%(Low)

    Volume Flow

    VWAP$54.85
    OBV9.5M
    AD Line-754.0M
    CMF (20d)0.216

    Volume Metrics

    Avg Vol (20d)894.5K
    Vol Ratio1.0x
    VWMA (20d)$53.35

    Pivot Points

    R3$56.04
    R2$55.44
    R1$55.06
    Pivot Point$54.46
    S1$54.08
    S2$53.48
    S3$53.10

    Advanced Oscillators

    TSI-5.25
    Ultimate Osc68.2
    KST-21.89

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.93B$3.40B$3.08B$2.94B$2.81B$3.34B$2.95B$2.77B$2.67B$3.12B$2.88B$2.72B
    Cost of Revenue$719.00M$1.07B$858.00M$759.00M$714.00M$1.04B$790.00M$737.00M$713.00M$1.01B$899.00M$773.00M
    Gross Profit$2.21B$2.33B$2.22B$2.18B$2.10B$2.30B$2.16B$2.03B$1.96B$2.11B$1.99B$1.95B
    Operating Expenses$1.41B$1.38B$1.35B$1.31B$1.30B$1.34B$1.29B$1.22B$1.22B$1.23B$1.21B$1.13B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$804.00M$955.00M$868.00M$871.00M$800.00M$953.00M$864.00M$814.00M$738.00M$876.00M$779.00M$821.00M
    Interest Income$20.00M$10.00M$12.00M$9.00M$10.00M$12.00M$15.00M$17.00M$16.00M$16.00M$22.00M$20.00M
    Interest Expense$387.00M$372.00M$369.00M$370.00M$369.00M$370.00M$368.00M$355.00M$347.00M$336.00M$336.00M$331.00M
    Income Before Tax$536.00M$674.00M$565.00M$579.00M$536.00M$674.00M$544.00M$561.00M$456.00M$613.00M$554.00M$537.00M
    Income Tax Expense$76.00M$112.00M$80.00M$105.00M$92.00M$116.00M$93.00M$83.00M$69.00M$101.00M$119.00M$92.00M
    Net Income$396.00M$523.00M$444.00M$431.00M$404.00M$520.00M$415.00M$439.00M$349.00M$477.00M$398.00M$411.00M
    EBITDA$1.23B$1.58B$1.45B$1.47B$1.42B$1.56B$1.41B$1.40B$1.28B$1.42B$1.34B$1.31B
    EBIT$685.00M$1.05B$934.00M$949.00M$905.00M$1.04B$912.00M$916.00M$803.00M$949.00M$890.00M$868.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $6.13M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    86.5%
    Active Awards
    7
    New Awards (TTM)
    2
    Avg Remaining Term
    11.7 mo

    Top agency: Department of Defense at 39.0% of trailing twelve month obligations across 4 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15B61526F00000008Department of JusticeFederal Prison System / Bureau of Prisons$1.86MOct 1, 2025
    191BWC26P0028Department of StateInternational Boundary and Water Commission: U.S.-Mexico$1.60MOct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Fortis Inc. (TSX:FTS): What Will It Reveal in Its New Capital Outlook?

    Fortis Inc. (TSX:FTS) is set to release its third-quarter results and a new five-year capital outlook in early November. This update is crucial for investors as the capital plan serves as a roadmap for future earnings...

    Kalkine Media•10/15/26•Somewhat-Bullish

    Fortis reports on November 3: Fortis stock yields 4.80 percent

    Fortis Inc. (FTS) is scheduled to release its Q3 2026 results and a new five-year capital outlook on November 3...

    ad-hoc-news.de•10/15/26•Neutral

    Fortis Inc. stock rises Wednesday, outperforms market

    Fortis Inc. (FTS) shares rose 1.52% to C$77.94 on Wednesday, outperforming the Canadian market as the S&P/TSX Composite Index fell 1.11%. The stock closed 6.9% below its 52-week high of C$83.75...

    MarketWatch•10/14/26•Somewhat-Bullish

    What Will Fortis (TSX:FTS) Reveal in Its New Capital Outlook?

    Fortis (TSX:FTS) is set to announce its third-quarter results and a new five-year capital outlook in early November. This update is crucial as it will detail how the regulated utility plans to invest in its North...

    Kalkine Media•10/14/26•Somewhat-Bullish

    Fortis Inc. stock rises Tuesday, outperforms market

    Fortis Inc. (FTS) stock increased by 0.97% to C$76.77 on Tuesday, outperforming the Canadian market as the S&P/TSX Composite Index rose by 0.90%. The stock closed 8.3% below its 52-week high of C$83.75...

    MarketWatch•10/13/26•Bullish

    FTS Valuation and Fair Value

    P/E
    29.6x
    Forward P/E
    19.5x
    EV/EBITDA
    12.5x
    P/FCF
    -18.5x
    PEG
    2.5x
    P/B
    1.5x
    See GNG's fair value

    FTS Profitability: Margins, ROIC and FCF

    Gross margin
    72.4%
    Operating margin
    28.3%
    Net margin
    14.7%
    ROIC
    5.1%
    ROE
    7.5%
    FCF margin
    -22.3%
    FCF yield
    -5.4%

    FTS Competitors

    CompanyTicker
    Atmos Energy CorporationATO
    DTE Energy CompanyDTE
    Ameren CorpAEE
    American Water WorksAWK
    Brookfield Infrastructure Partners LPBIP
    CenterPoint Energy IncCNP
    WEC Energy Group IncWEC
    PPL CorporationPPL

    Sector: Utilities

    FTS Analyst Ratings

    Consensus
    Hold
    Analysts
    15
    Strong Buy
    3
    Buy
    3
    Hold
    7
    Sell
    1
    Strong Sell
    1

    FTS Bull Case vs Bear Case

    Bull case

    • FTS beat EPS estimates in 87.5% of its last 8 reported quarters.

    FTS Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    3.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.64
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    FTS Dividend

    Forward yield
    3.4%
    Payout ratio
    29.0%
    3Y DPS growth
    -0.4%
    5Y DPS growth
    4.2%
    Pay months
    Feb, Jun, Sep, Nov
    FTS dividend history

    Frequently Asked Questions About FTS

    What is FTS's current dividend yield?

    Fortis Inc (FTS) has a forward dividend yield of 3.37%.

    Does FTS pay dividends?

    Yes, Fortis Inc pays dividends with a forward dividend yield of 3.37%.

    What is FTS's P/E ratio?

    Fortis Inc has a price-to-earnings (P/E) ratio of 29.62.

    What is FTS's market cap?

    Fortis Inc (FTS) has a market capitalization of $27.93B with a current stock price of $54.66.

    Related stocks

    Sector: Utilities

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