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Fortis Inc (FTS)

	Symbol	Exchange	Currency
	FTS	Toronto	CAD	Real-time
	FTS_pj	Toronto	CAD	Real-time
	FTS_ph	Toronto	CAD	Real-time
	FTS_pg	Toronto	CAD	Real-time
	FTS_pf	Toronto	CAD	Real-time
	FTS_pi	Toronto	CAD	Real-time
	FTS_pk	Toronto	CAD	Real-time
	FTS_pm	Toronto	CAD	Real-time
	FTS	NYSE	USD	Real-time
	FTS	CBOE Canada	CAD	Real-time

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52.38 +0.55 +1.06%

16:00:00 - Closed. Currency in CAD ( Disclaimer )

Volume: 1,802,487
Bid/Ask: 52.37 / 52.40
Day's Range: 51.59 - 52.47

Type: Equity

Market: Canada

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FTS Financial Summary

A brief financial summary of Fortis Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Fortis Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 2,719 million compared to CAD 2,553 million a year ago. Net income was CAD 411 million compared to CAD 342 million a year ago. Basic earnings per share from continuing operations was CAD 0.81 compared to CAD 0.68 a year ago. Diluted earnings per share from continuing operations was CAD 0.81 compared to CAD 0.68 a year ago.For the nine months, sales was CAD 8,632 million compared to CAD 7,875 million a year ago. Net income was CAD 1,175 million compared to CAD 1,008 million a year ago. Basic earnings per share from continuing operations was CAD 2.32 compared to CAD 2.01 a year ago. Diluted earnings per share from continuing operations was CAD 2.32 compared to CAD 2.01 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

FTS Income Statement

Gross margin TTM 42.17%

Operating margin TTM 27.32%

Net Profit margin TTM 13.66%

Return on Investment TTM 5.08%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue		2719	2594	3319
Operating Income	794	836	670	846
Net Income		411	311	453

FTS Balance Sheet

Quick Ratio MRQ 0.36

Current Ratio MRQ 0.67

LT Debt to Equity MRQ 136.98%

Total Debt to Equity MRQ 151.11%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets		66285	64081	64630
Total Liabilities		42739	40904	41547
Total Equity		23546	23177	23083

FTS Cash Flow Statement

Cash Flow/Share TTM 7.26

Revenue/Share TTM 23.58

Operating Cash Flow -

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities		940	944	915
Cash From Investing Activities		-1040	-1013	-941
Cash From Financing Activities		150	209	388
Net Change in Cash		75	114	367

* In Millions of CAD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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FTS Comments

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John Morash Nov 14, 2022 10:15

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like whats fts is invested in

2 1

Brofessor Money Sep 16, 2022 13:07

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Wow, what a bargain deal. As we enter the energy crisis FTS will soar.

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Jonny Mc Jan 31, 2022 15:00

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oh my

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Daniel Moore Jan 04, 2022 0:25

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money going up hold on guys!

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Fred Hibbs May 18, 2020 7:44

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Have significantly increased my position during current weakness. FTS has recently issued a strong quarterly report, confirmed their financial guidance for the year, maintained their capital spend (to fund future growth) and maintained their dividend. Not many companies out there can say the same these days. Seems like a good place to park a bunch of money. Limited downside risk and you are paid almost 4% while you wait for the stock price to continue moving up, which I believe it will inevitably do in the long term. Solid buy.

32 3

Arun Prasad May 06, 2020 12:46

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negative cash flow.. not a good sign

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greg mason Aug 25, 2019 20:16

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if ever gets to 30ish level deffinately a buy

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James Parker Dec 06, 2018 13:32

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Looks like a good time to sell

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Professor Money Oct 31, 2018 14:09

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BUY

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