FORTIS INC (FTS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FTS • CA3495531079

54.99 USD
+0.67 (+1.23%)
At close: Feb 5, 2026
54.99 USD
0 (0%)
After Hours: 2/5/2026, 8:04:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to FTS. FTS was compared to 46 industry peers in the Electric Utilities industry. FTS has a medium profitability rating, but doesn't score so well on its financial health evaluation. FTS does not seem to be growing, but still is valued expensively. Finally FTS also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year FTS was profitable.
  • In the past year FTS had a positive cash flow from operations.
  • In the past 5 years FTS has always been profitable.
  • In the past 5 years FTS always reported a positive cash flow from operatings.
FTS Yearly Net Income VS EBIT VS OCF VS FCFFTS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B

1.2 Ratios

  • FTS has a worse Return On Assets (2.27%) than 78.26% of its industry peers.
  • FTS's Return On Equity of 6.97% is on the low side compared to the rest of the industry. FTS is outperformed by 82.61% of its industry peers.
  • The Return On Invested Capital of FTS (4.20%) is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for FTS is in line with the industry average of 4.57%.
  • The last Return On Invested Capital (4.20%) for FTS is above the 3 year average (4.10%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROIC 4.2%
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
FTS Yearly ROA, ROE, ROICFTS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • FTS has a Profit Margin (14.02%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of FTS has declined.
  • FTS has a Operating Margin of 28.97%. This is amongst the best in the industry. FTS outperforms 95.65% of its industry peers.
  • FTS's Operating Margin has been stable in the last couple of years.
  • FTS has a better Gross Margin (72.57%) than 69.57% of its industry peers.
  • In the last couple of years the Gross Margin of FTS has remained more or less at the same level.
Industry RankSector Rank
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
FTS Yearly Profit, Operating, Gross MarginsFTS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTS is destroying value.
  • The number of shares outstanding for FTS has been increased compared to 1 year ago.
  • FTS has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for FTS is higher compared to a year ago.
FTS Yearly Shares OutstandingFTS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
FTS Yearly Total Debt VS Total AssetsFTS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • FTS has an Altman-Z score of 0.83. This is a bad value and indicates that FTS is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 0.83, FTS perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
  • A Debt/Equity ratio of 1.35 is on the high side and indicates that FTS has dependencies on debt financing.
  • FTS has a better Debt to Equity ratio (1.35) than 63.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Altman-Z 0.83
ROIC/WACC0.74
WACC5.65%
FTS Yearly LT Debt VS Equity VS FCFFTS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B 30B

2.3 Liquidity

  • FTS has a Current Ratio of 0.66. This is a bad value and indicates that FTS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • FTS's Current ratio of 0.66 is on the low side compared to the rest of the industry. FTS is outperformed by 80.43% of its industry peers.
  • FTS has a Quick Ratio of 0.66. This is a bad value and indicates that FTS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • FTS's Quick ratio of 0.54 is on the low side compared to the rest of the industry. FTS is outperformed by 71.74% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.54
FTS Yearly Current Assets VS Current LiabilitesFTS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

3

3. Growth

3.1 Past

  • FTS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.26%.
  • Measured over the past 5 years, FTS shows a small growth in Earnings Per Share. The EPS has been growing by 5.08% on average per year.
  • Looking at the last year, FTS shows a small growth in Revenue. The Revenue has grown by 5.21% in the last year.
  • FTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%

3.2 Future

  • FTS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.03% yearly.
  • The Revenue is expected to grow by 3.80% on average over the next years.
EPS Next Y7.47%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
EPS Next 5Y6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.8%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FTS Yearly Revenue VS EstimatesFTS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B
FTS Yearly EPS VS EstimatesFTS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

1

4. Valuation

4.1 Price/Earnings Ratio

  • FTS is valuated rather expensively with a Price/Earnings ratio of 22.08.
  • 71.74% of the companies in the same industry are cheaper than FTS, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of FTS to the average of the S&P500 Index (27.67), we can say FTS is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 20.63 indicates a rather expensive valuation of FTS.
  • 73.91% of the companies in the same industry are cheaper than FTS, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of FTS to the average of the S&P500 Index (27.20), we can say FTS is valued slightly cheaper.
Industry RankSector Rank
PE 22.08
Fwd PE 20.63
FTS Price Earnings VS Forward Price EarningsFTS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • FTS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FTS is more expensive than 67.39% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.87
FTS Per share dataFTS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FTS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.96
PEG (5Y)4.35
EPS Next 2Y5.33%
EPS Next 3Y5.59%

7

5. Dividend

5.1 Amount

  • FTS has a Yearly Dividend Yield of 3.54%.
  • Compared to an average industry Dividend Yield of 2.90, FTS pays a bit more dividend than its industry peers.
  • FTS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.54%

5.2 History

  • The dividend of FTS has a limited annual growth rate of 5.61%.
  • FTS has been paying a dividend for at least 10 years, so it has a reliable track record.
  • FTS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.61%
Div Incr Years21
Div Non Decr Years21
FTS Yearly Dividends per shareFTS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • FTS pays out 50.83% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • FTS's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP50.83%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
FTS Yearly Income VS Free CF VS DividendFTS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B 1.5B
FTS Dividend Payout.FTS Dividend Payout, showing the Payout Ratio.FTS Dividend Payout.PayoutRetained Earnings

FORTIS INC

NYSE:FTS (2/5/2026, 8:04:00 PM)

After market: 54.99 0 (0%)

54.99

+0.67 (+1.23%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-04
Earnings (Next)02-12
Inst Owners56.44%
Inst Owner Change-1.51%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap27.79B
Revenue(TTM)12.04B
Net Income(TTM)1.69B
Analysts65.71
Price Target54.55 (-0.8%)
Short Float %1.47%
Short Ratio8.01
Dividend
Industry RankSector Rank
Dividend Yield 3.54%
Yearly Dividend1.22
Dividend Growth(5Y)5.61%
DP50.83%
Div Incr Years21
Div Non Decr Years21
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-5.22%
Max EPS beat(2)7.39%
EPS beat(4)3
Avg EPS beat(4)1.26%
Min EPS beat(4)-5.22%
Max EPS beat(4)7.39%
EPS beat(8)7
Avg EPS beat(8)1.7%
EPS beat(12)10
Avg EPS beat(12)2.25%
EPS beat(16)11
Avg EPS beat(16)0.79%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.3%
Max Revenue beat(2)2.3%
Revenue beat(4)2
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-11.44%
Max Revenue beat(4)2.3%
Revenue beat(8)2
Avg Revenue beat(8)-3.45%
Revenue beat(12)4
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)1.43%
PT rev (1m)-0.63%
PT rev (3m)4.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.88%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.45%
Valuation
Industry RankSector Rank
PE 22.08
Fwd PE 20.63
P/S 3.15
P/FCF N/A
P/OCF 9.47
P/B 1.57
P/tB 3.87
EV/EBITDA 12.87
EPS(TTM)2.49
EY4.53%
EPS(NY)2.67
Fwd EY4.85%
FCF(TTM)-3.23
FCFYN/A
OCF(TTM)5.8
OCFY10.56%
SpS17.45
BVpS35.07
TBVpS14.21
PEG (NY)2.96
PEG (5Y)4.35
Graham Number44.33
Profitability
Industry RankSector Rank
ROA 2.27%
ROE 6.97%
ROCE 5.06%
ROIC 4.2%
ROICexc 4.22%
ROICexgc 5.33%
OM 28.97%
PM (TTM) 14.02%
GM 72.57%
FCFM N/A
ROA(3y)2.18%
ROA(5y)2.17%
ROE(3y)6.69%
ROE(5y)6.58%
ROIC(3y)4.1%
ROIC(5y)4.04%
ROICexc(3y)4.12%
ROICexc(5y)4.06%
ROICexgc(3y)5.36%
ROICexgc(5y)5.34%
ROCE(3y)4.93%
ROCE(5y)4.87%
ROICexgc growth 3Y0.42%
ROICexgc growth 5Y-1.68%
ROICexc growth 3Y1.61%
ROICexc growth 5Y-0.39%
OM growth 3Y3.06%
OM growth 5Y0.41%
PM growth 3Y2.32%
PM growth 5Y-5.83%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score4
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF N/A
Debt/EBITDA 5.92
Cap/Depr 304.79%
Cap/Sales 51.77%
Interest Coverage 250
Cash Conversion 72.4%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.54
Altman-Z 0.83
F-Score4
WACC5.65%
ROIC/WACC0.74
Cap/Depr(3y)245.88%
Cap/Depr(5y)249.09%
Cap/Sales(3y)38.85%
Cap/Sales(5y)39.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.26%
EPS 3Y8.19%
EPS 5Y5.08%
EPS Q2Q%-4.71%
EPS Next Y7.47%
EPS Next 2Y5.33%
EPS Next 3Y5.59%
EPS Next 5Y6.03%
Revenue 1Y (TTM)5.21%
Revenue growth 3Y6.8%
Revenue growth 5Y5.55%
Sales Q2Q%6.03%
Revenue Next Year7.37%
Revenue Next 2Y6.09%
Revenue Next 3Y7.06%
Revenue Next 5Y3.8%
EBIT growth 1Y8.76%
EBIT growth 3Y10.06%
EBIT growth 5Y5.99%
EBIT Next Year74.46%
EBIT Next 3Y26%
EBIT Next 5Y17.54%
FCF growth 1Y-510.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.21%
OCF growth 3Y10.12%
OCF growth 5Y7.71%

FORTIS INC / FTS FAQ

What is the fundamental rating for FTS stock?

ChartMill assigns a fundamental rating of 3 / 10 to FTS.


What is the valuation status of FORTIS INC (FTS) stock?

ChartMill assigns a valuation rating of 1 / 10 to FORTIS INC (FTS). This can be considered as Overvalued.


Can you provide the profitability details for FORTIS INC?

FORTIS INC (FTS) has a profitability rating of 5 / 10.


Can you provide the expected EPS growth for FTS stock?

The Earnings per Share (EPS) of FORTIS INC (FTS) is expected to grow by 7.47% in the next year.


Can you provide the dividend sustainability for FTS stock?

The dividend rating of FORTIS INC (FTS) is 7 / 10 and the dividend payout ratio is 50.83%.