Fortis Inc.

Fortis Inc.verified

FTS.TO

Price:

$56.73

Market Cap:

$27.97B

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 PE Ratio as of July 2024 (TTM) for Fortis Inc. (FTS.TO) is 18.12

According to Fortis Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 18.12. This represents a change of 6.46% compared to the average of 17.02 of the last 4 quarters.

Fortis Inc. (FTS.TO) Historical PE Ratio (quarterly & annually)

How has FTS.TO PE Ratio performed in the past?

The mean historical PE Ratio of Fortis Inc. over the last ten years is 18.08. The current 18.12 PE Ratio has changed 9.92% with respect to the historical average. Over the past ten years (40 quarters), FTS.TO's PE Ratio was at its highest in in the September 2014 quarter at 64.35. The PE Ratio was at its lowest in in the June 2019 quarter at 7.64.

Quarterly (TTM)
Annual

Average

18.08

Median

18.50

Minimum

12.95

Maximum

23.19

Fortis Inc. (FTS.TO) PE Ratio by Quarter and Year

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 = 54.20%

Maximum Annual PE Ratio = 23.19

Minimum Annual Increase = -44.17%

Minimum Annual PE Ratio = 12.95

Quarterly (TTM)
Annual
YearPE RatioChange
202316.85-9.41%
202218.60-16.24%
202122.2117.07%
202018.9738.81%
201913.67-17.55%
201816.58-9.92%
201718.40-5.16%
201619.4049.88%
201512.95-44.17%
201423.1954.20%

Fortis Inc. (FTS.TO) Average PE Ratio

How has FTS.TO PE Ratio performed in the past?

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

3-year avg

19.22

5-year avg

18.06

10-year avg

18.08

Fortis Inc. (FTS.TO) PE Ratio vs. Peers

How is FTS.TO’s PE Ratio compared to its peers?

Fortis Inc.’s PE Ratio is less than TELUS Corporation (43.14), less than Enbridge Inc. (18.32), greater than Algonquin Power & Utilities Corp. (-12.84), less than BCE Inc. (21.69), less than TC Energy Corporation (21.40),

Build a custom stock screener for Fortis Inc. (FTS.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Fortis Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Fortis Inc. (FTS.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Fortis Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Fortis Inc.'s PE Ratio?

How is the PE Ratio calculated for Fortis Inc. (FTS.TO)?

What is the highest PE Ratio for Fortis Inc. (FTS.TO)?

What is the 3-year average PE Ratio for Fortis Inc. (FTS.TO)?

What is the 5-year average PE Ratio for Fortis Inc. (FTS.TO)?

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