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Fortis Inc
Previous close
$44.82
Day range
$44.83 - $45.31
Year range
$36.86 - $46.06
Market cap
31.39B CAD
Avg Volume
728.99K
P/E ratio
-
Dividend yield
-
Primary exchange
TSE
In the news
Financials
Income Statement
Revenue
Net income
| (CAD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 2.77B | 1.91% |
Operating expense | 461.00M | 7.71% |
Net income | 420.00M | 6.60% |
Net profit margin | 15.16 | 4.62% |
Earnings per share | 0.85 | 40.25% |
EBITDA | 1.31B | 2.66% |
Effective tax rate | 15.31% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 896.00M | 17.12% |
Total assets | 69.64B | 5.06% |
Total liabilities | 45.25B | 5.87% |
Total equity | 24.39B | — |
Shares outstanding | 497.30M | — |
Price to book | 1.07 | — |
Return on assets | 3.01% | — |
Return on capital | 3.69% | — |
Cash Flow
Net change in cash
| (CAD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 420.00M | 6.60% |
Cash from operations | 1.34B | 42.34% |
Cash from investing | -1.31B | -26.25% |
Cash from financing | 316.00M | 110.67% |
Net change in cash | 335.00M | 346.67% |
Free cash flow | 298.75M | 478.69% |
About
Fortis Inc. is a St. John's, Newfoundland and Labrador-based international diversified electric utility holding company. It operates in Canada, the United States, Central America, and the Caribbean. In 2015, it earned CA$6.7 billion.
Fortis was formed in 1987, when shareholders of the regulated transmission and distribution utility Newfoundland Light & Power Co. voted to form a separate holding company. NL&P shares were exchanged for Fortis shares on a one-to-one basis, with the regulated NL&P becoming a 100% owned subsidiary. Wikipedia
Founded
1987
Website
Employees
9,600
