FTS NYSE
Fortis Inc.
1W: +4.8%
1M: +8.4%
3M: -1.4%
YTD: +11.8%
1Y: +12.3%
3Y: +59.8%
5Y: +49.3%
$57.76
+0.23 (+0.40%)
After Hours: $58.13 (+0.38, +0.65%)
Weekly Expected Move ±2.4%
$55
$57
$58
$59
$61
Credit Risk of going bust: lower than 86% of companies Debt: 46.9% of company value Bonds: $105.8M held by 57 funds → details ▾
If the stock fell to about $1.75 (down 97%), Fortis Inc. would be worth roughly what it owes.
Total debt $25.93B against a stock market value of $29.39B.
Distance to default 11.51 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $14.07B (short-term plus half of long-term), stock volatility 14.6%; Altman Z'' 0.78. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $25.93B against a stock market value of $29.39B.
Distance to default 11.51 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $14.07B (short-term plus half of long-term), stock volatility 14.6%; Altman Z'' 0.78. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
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Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Revenue Segmentation
By Product / Service
By Geography
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$12.2B
+5.8% ▲
5Y CAGR: +6.4%
Gross Profit
$8.8B
+6.5% ▲
5Y CAGR: +6.7%
Operating Income
$3.5B
+6.1% ▲
5Y CAGR: +6.8%
Net Income
$1.8B
+7.1% ▲
5Y CAGR: +7.1%
EPS (Diluted)
$3.40
+4.9% ▲
5Y CAGR: +5.0%
EBITDA
$5.9B
+6.9% ▲
5Y CAGR: +7.6%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $9.4B | $11.0B | $11.5B | $11.5B | $12.2B |
| YoY Growth | +5.7% | +16.9% | +4.3% | -0.1% | +5.8% |
| Cost of Revenue | $3.0B | $4.0B | $3.8B | $3.2B | $3.4B |
| Gross Profit | $6.5B | $7.1B | $7.7B | $8.3B | $8.8B |
| Gross Margin | 68.8% | 64.2% | 67.3% | 71.8% | 72.3% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | $4.0B | $4.4B | $4.7B | $5.0B | $5.3B |
| Operating Income | $2.5B | $2.7B | $3.1B | $3.3B | $3.5B |
| Operating Margin | 26.1% | 24.8% | 26.8% | 28.6% | 28.7% |
| Interest Expense | $1.0B | $1.1B | $1.3B | $1.4B | $1.5B |
| Income Before Tax | $1.6B | $1.8B | $2.1B | $2.2B | $2.4B |
| Tax Expense | $234M | $289M | $360M | $346M | $393M |
| Net Income | $1.3B | $1.4B | $1.6B | $1.7B | $1.8B |
| Net Margin | 13.7% | 12.6% | 13.7% | 14.6% | 14.8% |
| EPS (Diluted) | $2.61 | $2.78 | $3.10 | $3.24 | $3.40 |
| EBITDA | $4.1B | $4.6B | $5.1B | $5.5B | $5.9B |
| Shares Outstanding | 471M | 479M | 486M | 495M | 529M |