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Stock Fortis Inc. FTS.TO

Fortis Inc. — Investlytic score 3/5 on the five criteria.

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60/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 3/5 criteria met. Data as of 03/10/2026.

  • ✅ Price trend passed
  • ✅ Growth passed
  • ❌ Debt failed
  • ✅ P/E passed
  • ❌ Correction failed

Price trend

Overall trend (8 years): the price has been multiplied by at least 1.5.

Price change 2018 → 2019: 18.39%

Price change 2019 → 2020: -3.49%

Price change 2020 → 2021: 17.37%

Price change 2021 → 2022: -11.22%

Price change 2022 → 2023: 0.61%

Price change 2023 → 2024: 9.58%

Price change 2024 → 2025: 19.47%

Price change 2025 → 2026: 5.23%

Price change 2026 (year to date): 5.39%

Financial growth

Revenue CAGR (8 years): 5.46%

Earnings CAGR (8 years): 6.39%

Growth status: positive trend (>1%/yr) in revenue and earnings.

Debt

Debt-to-equity ratio: 1.46

Debt/equity > 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: 21.44

P/E < 25.0 (maximum threshold).

Correction (6 months)

Current correction: 9.52% from the high over 6 months.

Insufficient correction (< 10.0%).

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Criteria of the Investlytic model

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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by Fortis Inc. over the latest fiscal years.

Revenue
8.6 bn USD
fiscal year 2025
Net income
1.3 bn USD
fiscal year 2025
Net margin
14.8 %
fiscal year 2025
Average annual growth
+6.4 %
Revenue growth over 5 years
Average annual growth
+6.1 %
Revenue growth over 10 years
Market cap
30.7 bn USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
20206.3 bn902 m14.3 %n/a
20216.7 bn917 m13.7 %+5.7 %
20227.8 bn987 m12.6 %+16.9 %
20238.2 bn1.1 bn13.7 %+4.3 %
20248.2 bn1.2 bn14.6 %-0.1 %
20258.6 bn1.3 bn14.8 %+5.8 %

Amounts converted to USD. Source: published annual accounts, collected on 09/11/2026.

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Valuation and competitors

Fortis Inc. compared with its sector on the same exchange and with its main competitors.

Company P/E
23.9
close to the sector
Sector median P/E
22.6
utilities, Toronto Stock Exchange
Sector over 10 years
29.6
10-year median, range 17.1 to 75.7

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on 09/11/2026. Competitors: comparable companies named by the data provider.

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Analyst consensus and forecasts

What the financial analysts covering Fortis Inc. publish: ratings, price targets and earnings forecasts.

Majority rating
hold
13 analysts

Breakdown of ratings

strong buy 0buy 4hold 8sell 1strong sell 0

Price targets: published for companies listed in the United States only.

Analyst forecasts

Fiscal yearRevenueNet incomeExpected EPS (range)P/E on this EPSAnalysts
202613.5 bn1.9 bn3.67 (3.62 / 3.72)n/a7
202714.4 bn2.1 bn3.95 (3.85 / 4.02)n/a7
202815.2 bn2.2 bn4.18 (4.13 / 4.31)n/a4

Amounts in CAD, the reporting currency.

Track record against expectations: reported EPS above consensus 11 times over the last 12 releases.

Rating changes (12 months)

DateFirmBeforeAfter
29/09/2026BarclaysOverweightOverweight
03/08/2026BarclaysOverweightOverweight
03/08/2026RBC CapitalSector PerformSector Perform
08/05/2026BarclaysOverweightOverweight

Source: ratings and forecasts published by analysts, collected on 07/11/2026. An analyst rating or target is not a guarantee. Company data collected from its FTS listing (same ISIN).

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PEA and practical information

PEA eligibility
no
head office outside the EU and EEA
Listing exchange
Toronto Stock Exchange
IPO: 12/01/1995
ISIN code
CA3495531079
Workforce
9,800
full-time employees
Chief executive
David Gerard Hutchens

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about Fortis Inc.

What is the revenue of Fortis Inc.?

8.6 bn USD for fiscal year 2025, with net income of 1.3 bn USD (net margin 14.8 %).

What do analysts say about Fortis Inc.?

Out of 13 analysts: 4 buy or strong buy, 8 hold, 1 sell or strong sell.

What is the P/E ratio of Fortis Inc.?

Trailing 12-month P/E of 23.9, against 22.6 for the sector median on the same exchange (10-year median: 29.6).

Is Fortis Inc. stock eligible for the French PEA?

No: the company is headquartered outside the European Union and the European Economic Area (ISIN CA3495531079).

How many employees does Fortis Inc. have?

9,800 full-time employees according to the latest published profile.

Who runs Fortis Inc.?

David Gerard Hutchens is the company's chief executive.