Fortis Stock (NYSE:FTS)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$44.75

52W Range

$36.86 - $46.06

50D Avg

$44.40

200D Avg

$41.31

Market Cap

$22.23B

Avg Vol (3M)

$672.29K

Beta

0.23

Div Yield

$1.75 (3.52%)

FTS Company Profile


Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

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Industry

Regulated Electric

Sector

Utilities

Exchange

NYSE

ADR

-

Country

CA

Employees

9,600

IPO Date

Jan 05, 2010

Website

FTS Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21Dec 20
Electric and GasC$10.50BC$8.87BC$8.42B

Fiscal year ends in Dec 23 | Currency in CAD

FTS Financial Summary


Dec 23Dec 22Dec 21
RevenueC$11.52BC$11.04BC$9.45B
Operating IncomeC$3.08BC$2.74BC$2.47B
Net IncomeC$1.57BC$1.39BC$1.29B
EBITDAC$5.01BC$4.61BC$4.04B
Basic EPS-C$2.96C$2.61
Diluted EPS-C$2.96C$2.61

Fiscal year ends in Dec 23 | Currency in CAD

Latest Earnings Call Transcripts


Q3 24Nov 05, 24 | 12:00 AM
Q2 24Jul 31, 24 | 2:27 PM
Q1 24May 01, 24 | 1:43 PM

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