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Fortis Inc (FTS)

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53.38 -0.35    -0.65%
15:59:39 - Closed. Currency in CAD ( Disclaimer )
  • Volume: 80,841
  • Bid/Ask: 53.02 / 53.53
  • Day's Range: 53.29 - 53.91
Type:  Equity
Market:  Canada
Fortis Inc 53.38 -0.35 -0.65%

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.

For the three months ended 31 March 2022, Fortis Inc revenues increased 12% to C$2.84B. Net income applicable to common stockholders decreased 1% to C$350M. Revenues reflect FortisBC Energy segment increase of 18% to C$694M, Central Hudson segment increase of 32% to C$375M, Other Electric segment increase of 11% to C$459M. Net income was offset by Energy infrastructure segment loss totaling C$5M vs. income of C$15M.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

FTS Income Statement

Gross margin TTM 42.17%
Operating margin TTM -
Net Profit margin TTM -
Return on Investment TTM -
 Total Revenue  Net Income
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Revenue 2835 2583 2196 2130
Operating Income 676 646 598 557
Net Income 366 343 311 269

FTS Balance Sheet

Quick Ratio MRQ -
Current Ratio MRQ 0.67
LT Debt to Equity MRQ -
Total Debt to Equity MRQ -
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Assets 58202 57659 57137 55895
Total Liabilities 38832 38371 37987 36942
Total Equity 19370 19288 19150 18953

FTS Cash Flow Statement

Cash Flow/Share TTM -
Revenue/Share TTM -
Operating Cash Flow  16.75%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Period Length: 3 Months 12 Months 9 Months 6 Months
Cash From Operating Activities 813 2907 2190 1479
Cash From Investing Activities -916 -3488 -2503 -1658
Cash From Financing Activities 337 451 277 526
Net Change in Cash 234 -118 -24 350
* In Millions of (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
John Morash Nov 14, 2022 10:15
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like whats fts is invested in
Brofessor Money
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.
Jonny Mc
Jonny Mc Jan 31, 2022 15:00
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oh my
Daniel Moore
Daniel Moore Jan 04, 2022 0:25
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money going up hold on guys!
Fred Hibbs
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.
Arun Prasad
Arun Prasad May 06, 2020 12:46
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negative cash flow.. not a good sign
greg mason
greg mason Aug 25, 2019 20:16
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if ever gets to 30ish level deffinately a buy
James Parker
James Parker Dec 06, 2018 13:32
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Looks like a good time to sell
Professor Money
Professor Money Oct 31, 2018 14:09
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BUY
 
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