Fortis Inc.

Fortis Inc.verified

FTS.TO

Price:

$62.21

Market Cap:

$30.94B

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in Bri...[Read more]

Industry

Regulated Electric

IPO Date

1995-01-12

Stock Exchange

TSX

Ticker

FTS.TO

The Enterprise Value as of December 2024 (TTM) for Fortis Inc. (FTS.TO) is 62.06B

According to Fortis Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 62.06B. This represents a change of 7.08% compared to the average of 57.96B of the last 4 quarters.

Fortis Inc. (FTS.TO) Historical Enterprise Value (quarterly & annually)

How has FTS.TO Enterprise Value performed in the past?

The mean historical Enterprise Value of Fortis Inc. over the last ten years is 42.32B. The current 62.06B Enterprise Value has changed 14.57% with respect to the historical average. Over the past ten years (40 quarters), FTS.TO's Enterprise Value was at its highest in in the September 2024 quarter at 61.61B. The Enterprise Value was at its lowest in in the June 2015 quarter at 21.14B.

Quarterly (TTM)
Annual

Average

42.32B

Median

45.08B

Minimum

20.15B

Maximum

56.01B

Fortis Inc. (FTS.TO) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Fortis Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 57.64%

Maximum Annual Enterprise Value = 56.01B

Minimum Annual Increase = 0%

Minimum Annual Enterprise Value = 20.15B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202356.01B2.29%
202254.76B0.37%
202154.56B11.83%
202048.78B5.18%
201946.38B5.93%
201843.78B6.89%
201740.96B15.85%
201635.36B57.64%
201522.43B11.33%
201420.15B44.60%

Fortis Inc. (FTS.TO) Average Enterprise Value

How has FTS.TO Enterprise Value performed in the past?

The current Enterprise Value of Fortis Inc. (FTS.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

55.11B

5-year avg

52.10B

10-year avg

42.32B

Fortis Inc. (FTS.TO) Enterprise Value vs. Peers

How is FTS.TO’s Enterprise Value compared to its peers?

Fortis Inc.’s Enterprise Value is less than TELUS Corporation (62.42B), less than Enbridge Inc. (224.08B), greater than Algonquin Power & Utilities Corp. (11.08B), less than BCE Inc. (73.01B), less than TC Energy Corporation (138.21B),

CompanyEnterprise ValueMarket cap
62.42B$33.49B
224.08B$130.79B
11.08B$5.21B
73.01B$34.79B
138.21B$69.64B

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Frequently asked questions❓

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How does the current Enterprise Value for Fortis Inc. (FTS.TO) compare to its historical average?