FTS
Fortis (FTS)
NYSE
$56.69+$0.68 (+1.21%)
Price as of Jun 23, 2026 4:10 PM EDT
  • $28.5B
    Market Cap
  • 21.81%
    1-Year Change
  • Utilities - Regulated Electric
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
12.2B
+5.75%
11.5B
-0.08%
11.5B
+4.29%
11.0B
+16.88%
Cost of Revenue
3.4B
+3.76%
3.2B
-13.84%
3.8B
-4.58%
4.0B
+33.92%
Gross Profit
8.8B
+6.54%
8.3B
+6.62%
7.7B
+9.24%
7.1B
+9.14%
Sales and Marketing Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Research and Development Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Depreciation and Amortization Expense
160.0M
+4.58%
153.0M
+2.00%
150.0M
+3.45%
145.0M
+6.62%
Total Operating Expenses
3.3B
+6.91%
3.0B
+5.23%
2.9B
+7.68%
2.7B
+6.34%
Operating Profit
3.5B
+6.08%
3.3B
+6.74%
3.1B
+12.55%
2.7B
+10.98%
Interest Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
-1.3B
+18.42%
-1.1B
+9.87%
Interest Income and Expense and Net
0
N/A
0
+100.00%
-1.3B
+18.42%
-1.1B
+9.87%
Total Nonoperating Income and Expense
340.0M
+18.06%
288.0M
-1.03%
291.0M
+76.36%
165.0M
-4.62%
Income before Taxes
2.4B
+8.28%
2.2B
+5.02%
2.1B
+14.81%
1.8B
+10.01%
Income Taxes
393.0M
+13.58%
346.0M
-3.89%
360.0M
+24.57%
289.0M
+23.50%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
2.0B
+7.28%
1.8B
+6.90%
1.7B
+12.95%
1.5B
+7.76%
Net Income from Continuing Operations Applicable to Common
1.7B
+6.72%
1.6B
+6.64%
1.5B
+13.23%
1.3B
+8.04%
Basic EPS and Net Income
3.40
+4.94%
3.24
+4.52%
3.10
+11.51%
2.78
+6.51%
Diluted EPS and Net Income
3.40
+4.94%
3.24
+4.52%
3.10
+11.51%
2.78
+6.51%
Basic Weighted Average Shares
503.5M
+1.72%
495.0M
+1.79%
486.3M
+1.61%
478.6M
+1.64%
Diluted Weighted Average Shares
503.7M
+1.72%
495.2M
+1.79%
486.5M
+1.57%
479.0M
+1.61%
Balance Sheet
Cash and Cash Equivalents
367.0M
+66.82%
220.0M
-64.80%
625.0M
+199.04%
209.0M
+59.54%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
367.0M
+66.82%
220.0M
-64.80%
625.0M
+199.04%
209.0M
+59.54%
Total Current Assets
3.8B
+0.24%
3.8B
-5.69%
4.0B
-5.72%
4.3B
+56.49%
Accumulated Depreciation
4.2B
-74.53%
16.6B
+11.27%
14.9B
+2.99%
14.5B
+8.45%
Property and Plant and Equipment and Net
50.9B
+2.89%
49.5B
+13.99%
43.4B
+4.13%
41.7B
+10.17%
Total Long-Term Assets
1.8B
+7.80%
1.7B
+27.35%
1.3B
+7.01%
1.2B
+27.02%
Total Assets
74.8B
+1.83%
73.5B
+11.48%
65.9B
+2.60%
64.3B
+11.43%
Income Taxes Payable
5.3B
+5.42%
5.0B
+14.12%
4.4B
+8.35%
4.1B
+11.94%
Total Short-Term Debt
3.6B
+70.40%
2.1B
-13.54%
2.4B
-11.67%
2.7B
+45.81%
Total Current Liabilities
7.5B
+24.47%
6.0B
+1.21%
6.0B
-9.87%
6.6B
+37.80%
Total Long-Term Debt
30.7B
-1.60%
31.2B
+14.65%
27.2B
+5.03%
25.9B
+9.38%
Total Long-Term Liabilities
1.3B
-2.97%
1.3B
+3.46%
1.3B
+10.82%
1.1B
-18.67%
Total Liabilities
49.0B
+2.79%
47.6B
+11.85%
42.6B
+2.84%
41.4B
+12.70%
Retained Earnings
5.0B
+9.91%
4.5B
+9.95%
4.1B
+10.15%
3.7B
+7.95%
Total Stockholders Equity
23.8B
+0.008%
23.8B
+10.71%
21.5B
+2.26%
21.0B
+9.03%
Total Shares Outstanding
507.3M
+1.60%
499.3M
+1.77%
490.6M
+1.74%
482.2M
+1.56%
Cash Flow
Cash from Operating Activities
4.1B
+4.64%
3.9B
+9.51%
3.5B
+15.32%
3.1B
+5.74%
Capital Expenditures
5.9B
+18.56%
5.0B
+25.74%
4.0B
+11.12%
3.6B
+12.48%
Cash from Investing Activities
-5.4B
-0.70%
-5.4B
+44.17%
-3.7B
-7.81%
-4.1B
+16.37%
Dividends Paid
788.0M
+5.91%
744.0M
+6.13%
701.0M
+4.16%
673.0M
+10.69%
Cash from Financing Activities
1.5B
+37.31%
1.1B
+73.57%
613.0M
-40.77%
1.0B
+129.49%
Financials Ratio
Gross Margin
72.30%
+0.74%
71.77%
+6.71%
67.26%
+4.74%
64.21%
-6.62%
Operating Margin
28.69%
+0.31%
28.61%
+6.83%
26.78%
+7.92%
24.81%
-5.05%
Return on Assets
2.64%
+0.83%
2.62%
-0.18%
2.63%
+5.78%
2.48%
+0.008%
Return on Equity
8.24%
+2.08%
8.07%
+0.35%
8.04%
+7.06%
7.51%
+1.52%
Revenue Growth
5.75%
+7,465.56%
-0.08%
-101.82%
4.29%
-74.57%
16.88%
+194.03%
Current Ratio
0.51
-19.46%
0.63
-6.82%
0.67
+4.60%
0.65
+13.57%
Cash Ratio
0.05
+34.07%
0.04
-65.27%
0.10
+231.65%
0.03
+15.75%
Debt-to-Equity Ratio
1.44
+2.90%
1.40
+1.49%
1.38
+1.14%
1.36
+2.77%
Debt-to-Assets Ratio
0.46
+1.06%
0.45
+0.78%
0.45
+0.83%
0.45
+0.54%

Earnings & Revenue History

Debt-to-Assets

Cash Flow