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FTS

NYSE
Neutral · 50/100

Fortis Inc

Utilities
Utilities

$56.84

2.0%

Updated Today 12:11 PM ET

Report Card

FTS at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Neutral · 50/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 19.8% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$30.43B

P/E

23.13x

Forward P/E (est.)

22.48x

ROE

7.5%

Revenue Growth

4.3%

EPS Growth

2.9%

Profit Margin

14.7%

FCF Yield

12.2%

Debt / Equity

1.45x

ROIC

5.0%

Interest Coverage

2.68x

Current Ratio

0.51x

Dividend Yield

3.1%

Implied Growth (rev. DCF)

Rating Score

50/100

Business Overview
Research

Fortis Inc (FTS) is a large-cap company in the Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $30.43B.

In its latest reported year it generated about $12.17B in revenue.

Our model rates FTS Neutral (50/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FTS's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FTS trades near $56.84, above its 50-day average ($56.36) and 200-day average ($53.98). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 49 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. FTS's is $0.89 (~1.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month FTS found buyers near $54.74 (support) and sellers near $58.24 (resistance); its 52-week range is $46.46–$58.78. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.5× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

6.5%

2/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $6.84B in 2016 to $12.17B in 2025, a 6.6% compound annual growth rate. The most recent year was roughly flat (4.3%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research
2/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

64.9%

Operating Margin

28.7%

Net Margin

14.7%

ROE

7.5%

Fortis Inc keeps about 14.7% of each sales dollar as net profit, with a 64.9% gross margin and 28.7% operating margin. Return on equity is 7.5% and return on invested capital about 5.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research
1/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$33.87B

Net Debt

$33.50B

Net Debt / EBITDA

9.59x

Debt / Equity

1.45x

Leverage: debt-to-equity is 1.5x, and operating profit covers interest about 2.7x, with a current ratio of 0.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $33.87B of total debt against $367.00M of cash.

Cash Flow Analysis
Research
2/2 checks passedPositive free cash flowFCF yield above 2%

Operating CF

$4.06B

Free Cash Flow

-$1.88B

FCF Margin

-15.4%

In the latest year Fortis Inc produced about $4.06B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 12.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research
3/3 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)

P/E

23.13x

P/S

3.43x

P/B

1.51x

EV / EBITDA

10.95x

FTS trades at 23.1x trailing earnings (about 22.5x on estimated forward earnings), 3.4x sales, and 1.5x book value. That is a fairly typical valuation for a profitable company.

Metrics vs. Sector Range

Where FTS sits versus its Utilities sector peers in the S&P 500.

TTM P/E
23.1xFair
Forward P/E
22.5xFair
P/S ratio
3.4xFair
Revenue growth
4.3%Weak
EPS growth
2.9%Average
Gross margin
64.9%Strong
Net margin
14.7%Average
ROE
7.5%Weak

Bands show the middle half (25th–75th percentile) of the 22 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How FTS stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.

In the Utilities sector (27 S&P 500 companies), FTS ranks #14 of 27 by our overall rating. It trades at roughly in line versus the sector on earnings (23.1x P/E vs. 21.7x median) with a lower return on equity (7.5% vs. 10.4%) and slower revenue growth (4.3% vs. 8.9%).

P/E vs sector

23.1x

median 21.7x

ROE vs sector

7.5%

median 10.4%

Growth vs sector

4.3%

median 8.9%

Sector rank

#14

of 27 by rating

CompanyP/ERev Gr.Rating
FTSThis stock23.1x4.3%Neutral· 50
KEP2.8x3.4%Neutral· 47
EMA21.7x13.4%Neutral· 55
ENLTNot rated
FRVONot rated
HTONot rated
MGEENot rated
MSEXNot rated
Utilities median21.7x8.9%50/100

Valuation vs. quality map

sector medianKEPEMAFTSP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 27 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $56.84 today · expected CAGR 2%12%

Metric20262027202820292030
Revenue$12.66B$13.16B$13.69B$14.24B$14.81B
Net income$1.90B$1.97B$2.05B$2.14B$2.22B
EPS$3.74$3.89$4.05$4.21$4.38
Share price (low)$52.39$54.49$56.66$58.93$61.29
Share price (high)$86.07$89.51$93.09$96.82$100.69
CAGR (low–high)-8% / 51%-2% / 25%-0% / 18%1% / 14%2% / 12%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for FTS:

  • Healthy free-cash-flow yield (~12.2%) funds buybacks and dividends.
  • Pays a 3.1% dividend on top of any price gains.
Bear Case

The case against FTS:

  • Interest coverage is thin (2.7x), so debt costs bite.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Fortis Inc is a large-cap utilities business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 23.1x earnings, which our model scores Neutral (50/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

FTS — frequently asked questions

Is FTS a good stock to buy?

We don't give buy or sell advice. Our model rates Fortis Inc Neutral (50/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is FTS's rating on The Stocks School?

Fortis Inc currently scores 50/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does FTS's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Fortis Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for FTS calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this FTS analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FTS. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.