FTS
Price:
$56.91
Market Cap:
$40.53B
Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possess...[Read more]
Industry
Regulated Electric
IPO Date
2010-01-05
Stock Exchange
NYSE
Ticker
FTS
According to Fortis Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 23.42. This represents a change of 16.97% compared to the average of 20.02 of the last 4 quarters.
The mean historical PE Ratio of Fortis Inc. over the last ten years is 18.26. The current 23.42 PE Ratio has changed 12.73% with respect to the historical average. Over the past ten years (40 quarters), FTS's PE Ratio was at its highest in in the December 2017 quarter at 32.43. The PE Ratio was at its lowest in in the June 2019 quarter at 7.64.
Average
18.26
Median
18.62
Minimum
13.67
Maximum
22.21
Discovering the peaks and valleys of Fortis Inc. PE Ratio, 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 = 49.88%
Maximum Annual PE Ratio = 22.21
Minimum Annual Increase = -17.55%
Minimum Annual PE Ratio = 13.67
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 19.97 | 13.48% |
| 2024 | 17.60 | 4.05% |
| 2023 | 16.91 | -9.07% |
| 2022 | 18.60 | -16.24% |
| 2021 | 22.21 | 17.07% |
| 2020 | 18.97 | 38.81% |
| 2019 | 13.67 | -17.55% |
| 2018 | 16.58 | -11.06% |
| 2017 | 18.64 | -3.96% |
| 2016 | 19.40 | 49.88% |
The current PE Ratio of Fortis Inc. (FTS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
18.16
5-year avg
19.06
10-year avg
18.26
Fortis Inc.’s PE Ratio is greater than Centrais Elétricas Brasileiras S.A. - Eletrobrás (-21.91), less than The Southern Company (24.22), greater than AXIA Energia S.A. (12.33), less than FirstEnergy Corp. (25.52), less than DTE Energy Company (24.12), greater than Ameren Corporation (19.78), greater than PPL Corporation (22.11), greater than CMS Energy Corporation (19.98), greater than American Water Works Company, Inc. (22.35),
| Company | PE Ratio | Market cap |
|---|---|---|
| -21.91 | $24.82B | |
| 24.22 | $105.97B | |
| 12.33 | $20.68B | |
| 25.52 | $27.20B | |
| 24.12 | $30.67B | |
| 19.78 | $30.17B | |
| 22.11 | $26.97B | |
| 19.98 | $22.73B | |
| 22.35 | $24.67B |
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