FTS
Fortis (FTS)
NYSE
$56.66+$0.65 (+1.16%)
Price as of Jun 23, 2026 12:47 PM EDT
  • $28.5B
    Market Cap
  • 21.81%
    1-Year Change
  • Utilities - Regulated Electric
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 78
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Fortis Inc. Reports Fourth Quarter & Annual 2025 Results

Fortis Inc. reported 2025 annual net earnings of $1.7 billion ($3.40 per share) with adjusted earnings of $3.53 per share, up from $3.28 in 2024. The company announced a record $28.8 billion five-year capital plan (2026-2030) targeting 7% annual rate base growth and 4-6% dividend growth. Capital expenditures reached $5.6 billion in 2025, with major projects underway at ITC and UNS Energy. The company achieved a 38% reduction in greenhouse gas emissions since 2019 and remains committed to a coal-free generation mix by 2032.

02/12/2026, 6:00 AM • GlobeNewswire

Fortis Inc. Announces Second Quarter Dividends – 2026

Fortis Inc. announced its second quarter 2026 dividends, with common share dividends of $0.64 per share payable on June 1, 2026. The company also declared dividends on eight series of preference shares. Fortis is a diversified North American regulated utility with 2024 revenue of $12 billion and total assets of $75 billion.

02/11/2026, 5:42 PM • Benzinga

Fortis Inc. Announces First Quarter Dividends – 2026

Fortis Inc. declared quarterly dividends for various preference and common shares, payable on March 1, 2026, to shareholders of record as of February 17, 2026. The dividends are designated as eligible for federal and provincial tax credit purposes.

12/04/2025, 5:43 PM • Benzinga

Fortis Inc. Announces First Quarter Dividends – 2026

Fortis Inc. announced dividend payments for various preference and common shares, with a 4% increase in quarterly dividend. The company serves utility customers across Canada, the United States, and the Caribbean with $12 billion in 2024 revenue.

12/04/2025, 5:43 PM • GlobeNewswire

Methanex Corporation Appoints Don Marchand To Its Board Of Directors

Methanex Corporation announced the appointment of Don Marchand to its Board of Directors, effective December 1, 2025. Marchand brings nearly four decades of finance and energy infrastructure experience, previously serving as Executive Vice President and CFO at TC Energy.

11/25/2025, 5:00 PM • GlobeNewswire

Fortis Inc. to Hold Teleconference on November 4 to Discuss Third Quarter 2025 Results and New Five-Year Capital Outlook

Fortis Inc. will release its third quarter 2025 financial results and five-year capital outlook on November 4, 2025, with a teleconference featuring CEO David Hutchens and CFO Jocelyn Perry discussing the company's performance.

09/30/2025, 6:00 AM • GlobeNewswire

Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Subordinated Notes

Fortis Inc. has priced a private placement offering of $750 million in 5.100% fixed-to-fixed rate subordinated notes due December 4, 2055, with proceeds to be used for reducing corporate credit facility debt and general corporate purposes.

09/02/2025, 7:06 PM • GlobeNewswire

Fortis Inc. Releases Second Quarter 2025 Results

Fortis reported strong Q2 2025 financial results with net earnings of $384 million, up from $331 million in 2024. The company is advancing load growth opportunities, filing rate applications, and remains committed to sustainability goals while maintaining a $5.2 billion annual capital plan.

08/01/2025, 6:00 AM • GlobeNewswire

Peers

Statistics

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Day Range
$55.80
$56.65
$56.01
1-Year Range
$46.60
$58.56
$56.01
Latest Close$56.01
Change
-$0.08 (-0.14%)
Volume894,250
Market Cap$28.5B
Shares Outstanding509.1M
P/E (TTM)16.47
Diluted EPS (TTM)$3.40
Enterprise Value$62.4B

Information as of 06/22/2026

Company Profile

$28.5B
Market Cap
$2.0B
Net Income
Sector: Utilities
Industry: Utilities - Regulated Electric
Fortis Place, St. John's, NF, Canada, A1B 3T2
709 737 2800

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Key Executives

  • David Gerard Hutchens
  • Jocelyn H. Perry
  • Gary J. Smith
  • James R. Reid
  • Stuart I. Lochray

Current Ownership Distribution

  • Institutions4.5B (95.98%)
  • Mutual Funds186.7M (4.02%)
  • Insiders15,293 (0.0003%)
  • Other0 (0.00%)