TSX/FTS (TSX/FTS)

Toronto Stock Exchange: TSX/FTS · CAD

CA$80.3

-0.78 (-1.0%)· Recorded snapshot

Market cap	40.9B
Revenue (ttm)	12.4B
Net income (ttm)	1.7B
EPS (ttm)	CA$3.40
Shares out	509.1M
P/E (trailing)	23.6x
P/E (forward)	21.7x
Dividend	CA$2.56 (3.19%)
Volume	596,820
Beta	0.41

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 12.4B
Net income (ttm): 1.7B
EPS (ttm): CA$3.40
P/E (trailing): 23.6x
P/E (forward): 21.7x
Market cap: 40.9B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E21.7

P25 n/aP50 n/aP75 n/a

Trailing P/E23.6

P25 n/aP50 n/aP75 n/a

ROE7.5

P25 n/aP50 n/aP75 n/a

ROIC3.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/FTS indicators

Market & fundamental data

Available fields

245

Groups with data

Currency

CAD

Showing 245 of 245 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-03
Employees	9,900
Employees change	-26
Employees growth	-0.26%
Enterprise value	CAD 80.6B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1885
Industry	Utilities - Regulated Electric
Is primary listing	Yes
ISIN number	CA3495531079
Last earnings date	2026-07-31
Last refreshed	2026-10-28
Last stock split date	2005-10-12
Last stock split type	Forward
Market cap	CAD 40.9B
Next earnings date	2026-11-03
Price	CAD 80.28
Price currency	CAD
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	tsx/FTS
Website	https://www.fortisinc.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	22.68x
Average P/E ratio (10Y)	19.89x
Average P/E ratio (3Y)	19.52x
Average P/E ratio (5Y)	20.22x
Earnings yield	4.24%
EV/Earnings	46.88x
EV/EBIT	22.46x
EV/EBITDA	14.07x
EV/Sales	6.56x
FCF / EV yield	-2.23%
FCF yield	-4.38%
Forward P/E	21.68x
Graham number	59.54635
Graham upside	-26.51%
Lynch fair value	CAD 23.87
Lynch upside	-70.54%
P/B ratio	1.5x
P/E ratio	23.61x
P/OCF ratio	9.65x
P/S ratio	3.34x
PEG ratio	4.42x
Price / tangible book value	4.6x
Price/EBITDA ratio	7.25x
Sector forward P/E	26.86x
Sector P/E	37.8x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	29.07%
EBITDA margin	46.1%
Effective tax rate	15.85%
Gross margin	45.36%
Operating margin	29.07%
Pretax margin	19.06%
Profit margin	14.7%
Profit per employee	CAD 174,545
Profitable quarters	118
Profitable years	31
Revenue per employee	CAD 1.2M
ROA	2.96%
ROA (5Y)	2.95%
ROCE	5.03%
ROE	7.47%
ROE (5Y)	7.23%
ROIC	3.64%
Tax / revenue	3.02%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	0.02%
EPS growth (Q)	2.17%
EPS growth (QoQ)	-21.24%
EPS growth 10Y	5.64%
EPS growth 3Y	4.76%
EPS growth 5Y	5.24%
EPS growth quarters	1
EPS growth years	5
Net income growth	2.08%
Net income growth (Q)	3.22%
Net income growth (QoQ)	-20.96%
Net income growth 3Y	6.59%
Net income growth 5Y	7.02%
Net income growth quarters	3
Net income growth years	5
OCF growth	-0.93%
OCF growth (Q)	40.42%
OCF growth (QoQ)	2.36%
OCF growth 10Y	9.76%
OCF growth 3Y	8.37%
OCF growth 5Y	8.34%
Revenue growth	4.03%
Revenue growth (Q)	4.12%
Revenue growth (QoQ)	-13.87%
Revenue growth 10Y	6.53%
Revenue growth 3Y	2.01%
Revenue growth 5Y	6.22%
Revenue growth quarters	9
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -6.1B
Depreciation and amortization	CAD 2.1B
EBIT	CAD 3.6B
EBITDA	CAD 5.7B
EPS	CAD 3.40
FCF per share	CAD -3.55
Financing cash flow	CAD 1B
Free cash flow	CAD -1.8B
Gross profit	CAD 5.6B
Income taxes	CAD 373M
Investing cash flow	CAD -5.1B
Net borrowing	CAD 1.9B
Net cash flow	CAD 163M
Net income	CAD 1.7B
Operating income	CAD 3.6B
Revenue	CAD 12.4B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	CAD 46.34
Debt / EBITDA	6.33
Debt / equity	1.32
Goodwill	CAD 12.9B
Interest coverage	2.25
Long-term assets	CAD 74.6B
Long-term liabilities	CAD 43.8B
Net cash (debt)	CAD -35.9B
Net cash / market cap	-87.09%
Net debt / EBITDA	6.31
Net debt / equity	1.31
Piotroski F-Score	4
Property, plant and equipment	CAD 53.9B
Shareholders' equity	CAD 27.5B
Tangible book value	CAD 9B
Tangible book value per share	CAD 17.57
Total assets	CAD 78.8B
Total cash	CAD 384M
Total debt	CAD 36.3B
Total liabilities	CAD 51.3B
WACC	5.19%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.16
Current assets	CAD 4.2B
Current liabilities	CAD 7.5B
Current ratio	0.56
Inventory turnover	9.93
Net working capital	CAD -213M
Quick ratio	0.3
Working capital	CAD -3.3B
Working capital turnover	-4.22

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-1.59%
Dividend growth	4.07%
Dividend growth (10Y)	5.49%
Dividend growth (3Y)	4.24%
Dividend growth (5Y)	4.85%
Dividend growth years	37
Dividend payment date	2026-09-01
Dividend payment years	39
Dividend payout frequency	Quarterly
Dividend per share	CAD 2.56
Dividend yield	3.19%
Ex-dividend date	2026-08-19
Last dividend	CAD 0.64
Payout ratio	50.25%
Shareholder yield	1.57%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	85.64%
10Y return CAGR	10.46%
10Y total return	170.28%
150-day SMA	CAD 78.16
15Y price change	136.02%
15Y return CAGR	9.93%
15Y total return	314.03%
1D price change	-0.96%
1M price change	6.88%
1M total return	6.88%
1W price change	2.41%
1W total return	2.41%
1Y price change	12.2%
1Y return CAGR	16.04%
1Y total return	16.03%
20-day SMA	CAD 77.66
200-day SMA	CAD 77.54
20Y price change	226.97%
20Y return CAGR	10.12%
20Y total return	588.09%
3M price change	-2.62%
3M total return	-1.82%
3Y price change	45.97%
3Y return CAGR	17.81%
3Y total return	63.53%
50-day SMA	CAD 76.68
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 83.75
52-week high date	2026-07-28
52-week low	CAD 69.06
52-week low date	2025-12-10
5Y price change	45.89%
5Y return CAGR	12.03%
5Y total return	76.47%
6M price change	4.52%
6M total return	6.26%
All-time high	CAD 83.75
All-time high date	2026-07-28
All-time low	CAD 4.31
All-time low date	1988-01-20
Average true range (ATR)	CAD 1.08
Average volume	1.5M
Beta (1Y)	0.39
Beta (2Y)	0.23
Beta (5Y)	0.41
Change from 52-week high	-4.14%
Change from 52-week low	16.25%
Change from all-time high	-4.16%
Change from all-time low	1,761.12%
Change from open	-0.68%
Day's gap	-0.28%
Dollar volume	CAD 47.9M
High price	CAD 81.06
Low price	CAD 80.14
Monthly RSI	65.81
Open price	CAD 80.83
Position in 52-week range	15.22%
Previous close	CAD 81.06
Price vs 150-day SMA	2.7%
Price vs 20-day SMA	3.36%
Price vs 200-day SMA	3.52%
Price vs 50-day SMA	4.68%
Relative volume	0.39
RSI	64.38
Sharpe ratio	0.84
Sharpe ratio (3Y)	1
Sharpe ratio (5Y)	0.57
Sortino ratio	1.73
Sortino ratio (3Y)	1.99
Sortino ratio (5Y)	1.25
Volume	596.8K
Weekly RSI	57.88
YTD price change	12.49%
YTD total return	15.31%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	507.8M
Shares change (QoQ)	0.33%
Shares change (YoY)	1.59%
Shares held by insiders	0.08%
Shares held by institutions	54.95%
Shares outstanding	509.1M
Short % of float	1.84%
Short % of shares	1.83%

Deeper analysis on TSX/FTS

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/FTS report

Is a complete TSX/FTS research report available?

No complete published report is available for tsx/FTS (TSX/FTS) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/FTS (TSX/FTS)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/FTS

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/FTS indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/FTS

Frequently asked questions