FTS.TO
Price:
$64.17
Market Cap:
$32.04B
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
According to Fortis Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 19.81. This represents a change of 16.97% compared to the average of 16.94 of the last 4 quarters.
The mean historical PE Ratio of Fortis Inc. over the last ten years is 17.55. The current 19.81 PE Ratio has changed 11.19% 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 December 2017 quarter at 32.43. The PE Ratio was at its lowest in in the June 2019 quarter at 7.64.
Average
17.55
Median
18.10
Minimum
12.95
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 = -44.17%
Minimum Annual PE Ratio = 12.95
Year | PE Ratio | Change |
---|---|---|
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% |
2015 | 12.95 | -44.17% |
The current PE Ratio 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
17.70
5-year avg
18.86
10-year avg
17.55
Fortis Inc.’s PE Ratio is less than TELUS Corporation (30.57), less than Enbridge Inc. (25.20), greater than Algonquin Power & Utilities Corp. (-2.71), less than BCE Inc. (87.46), greater than TC Energy Corporation (15.38),
Company | PE Ratio | Market cap |
---|---|---|
30.57 | $30.80B | |
25.20 | $138.66B | |
-2.71 | $5.74B | |
87.46 | $30.40B | |
15.38 | $72.35B |
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