Fortis

FTS · NYSE · USD

$52.74Change from previous close: −0.15%Absolute change: −$0.08

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$26.94B
Enterprise value
$66.68B
P/E (trailing 12 months)
22.1
Forward P/E
19.1
PEG
2.51
Price/book
1.61
Price/sales
2.18
EV/EBITDA
11.7
EV/revenue
5.40

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
$1.85
Dividend yield
3.5%
Payout ratio
74.6%
Ex-dividend date
August 19, 2026

Analysts and estimates

Average price target
$53.00
Median price target
$53.00
High price target
$56.00
Low price target
$50.00
Analysts with a price target
2
Consensus
Hold
Forward EPS
$2.76
EPS estimate, current year
$2.58

Shares and trading

Beta
0.41
Average volume
765.3K
Shares outstanding
510.9M
Float
509.58M
Institutional ownership
57.6%
Insider ownership
0.2%
Short ratio (days)
20.3