Fortis

FTS · TSX · CAD

$75.07Change from previous close: −0.13%Absolute change: −$0.10

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$38.35B
Enterprise value
$78.09B
P/E (trailing 12 months)
22.1
Forward P/E
19.4
PEG
2.51
Price/book
1.62
Price/sales
3.11
EV/EBITDA
13.7
EV/revenue
6.32

Profitability and growth

Gross margin
45.4%
Operating margin
28.3%
Net margin
14.7%
ROE
7.5%
ROA
3.0%
Revenue growth (year over year)
4.1%
Earnings growth (year over year)
2.2%

Financial health

Total cash
$384M
Total debt
$36.33B
Debt/equity
1.32
Current ratio
0.56
Quick ratio
0.30

Dividends

Annual dividend per share
$2.56
Dividend yield
3.4%
Payout ratio
74.6%
Ex-dividend date
August 19, 2026

Analysts and estimates

Average price target
$81.96
Median price target
$83.50
High price target
$89.00
Low price target
$74.00
Analysts with a price target
14
Consensus
Hold
Forward EPS
$3.88
EPS estimate, current year
$3.62

Shares and trading

Beta
0.41
Average volume
1.36M
Shares outstanding
510.9M
Float
509.58M
Institutional ownership
57.6%
Insider ownership
0.2%
Short ratio (days)
3.57