Fortis Inc. - Understand $fts stock

$FTS Market Cap: $29.97 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$11.39B

TTM

Gross Margin

70.34%

TTM

Net Earnings

$1.565B

TTM

Current Assets

$3.917B

Q2 2024

Current Liabilities

$5.681B

Q2 2024

Current Ratio

68.95%

Q2 2024

Total Assets

$68.77B

Q2 2024

Total Liabilities

$46.02B

Q2 2024

Book Value

$22.75B

Q2 2024

Cash

$561.0M

Q2 2024

P/E

19.15

Nov 29, 2024 EST

Free Cash Flow

-$1.190B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	$11.52B	$11.04B	$9.448B	$8.935B	$8.783B	$8.390B	$8.301B	$6.838B	$6.757B	$5.401B	$4.047B	$3.654B	$3.738B	$3.657B	$3.643B	$3.903B	$2.718B	$1.472B	$1.442B	$1.146B	$843.1M	$715.5M	$628.3M	$580.2M	$505.2M	$472.7M	$493.8M	$474.3M
YoY Change	4.29%	16.88%	5.74%	1.73%	4.68%	1.07%	21.4%	1.2%	25.11%	33.46%	10.76%	-2.25%	2.21%	0.38%	-6.66%	43.6%	84.65%	2.12%	25.77%	35.94%	17.83%	13.88%	8.29%	14.85%	6.88%	-4.27%	4.11%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	$11.52B	$11.04B	$9.448B	$8.935B	$8.783B	$8.390B	$8.301B	$6.838B	$6.757B	$5.401B	$4.047B	$3.654B	$3.738B	$3.657B	$3.643B	$3.903B	$2.718B	$1.472B	$1.442B	$1.146B	$843.1M	$715.5M	$628.3M	$580.2M	$505.2M	$472.7M	$493.8M	$474.3M
Cost Of Revenue	$3.771B	$3.952B	$2.951B	$2.562B	$2.520B	$2.495B	$2.361B	$2.341B	$2.591B	$2.197B	$1.617B	$1.522B	$1.697B	$1.686B	$1.799B	$2.112B	$1.287B	$540.0M									$243.1M	$236.4M
Gross Profit	$7.746B	$7.091B	$6.497B	$6.373B	$6.263B	$5.895B	$5.940B	$4.497B	$4.166B	$3.204B	$2.430B	$2.132B	$2.041B	$1.971B	$1.844B	$1.791B	$1.431B	$932.0M									$250.7M	$237.9M
Gross Profit Margin	67.26%	64.21%	68.77%	71.33%	71.31%	70.26%	71.56%	65.76%	61.65%	59.32%	60.04%	58.35%	54.6%	53.9%	50.62%	45.89%	52.65%	63.32%									50.77%	50.16%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Selling, General & Admin														$6.000M
YoY Change
% of Gross Profit														0.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.773B	$1.668B	$1.505B	$1.428B	$1.350B	$1.243B	$1.179B	$983.0M	$873.0M	$688.0M	$541.0M	$470.0M	$416.0M	$410.0M	$364.0M	$348.0M	$273.0M	$178.0M	$157.6M	$113.7M	$62.30M	$65.10M	$62.50M	$52.50M	$45.40M	$42.40M	$42.30M	$36.00M
YoY Change	6.29%	10.83%	5.39%	5.78%	8.61%	5.43%	19.94%	12.6%	26.89%	27.17%	15.11%	12.98%	1.46%	12.64%	4.6%	27.47%	53.37%	12.94%	38.61%	82.5%	-4.3%	4.16%	19.05%	15.64%	7.08%	0.24%	17.5%
% of Gross Profit	22.89%	23.52%	23.16%	22.41%	21.56%	21.09%	19.85%	21.86%	20.96%	21.47%	22.26%	22.05%	20.38%	20.8%	19.74%	19.43%	19.08%	19.1%									16.87%	15.13%
Operating Expenses	$4.662B	$4.351B	$4.028B	$3.865B	$3.802B	$3.530B	$3.429B	$3.014B	$2.747B	$2.181B	$1.578B	$1.338B	$1.266B	$1.238B	$1.143B	$1.091B	$890.0M	$577.0M	$1.084B	$880.3M	$641.1M	$542.0M	$480.6M	$470.1M	$401.6M	$381.9M	$145.9M	$134.0M
YoY Change	7.15%	8.02%	4.22%	1.66%	7.71%	2.95%	13.77%	9.72%	25.95%	38.21%	17.94%	5.69%	2.26%	8.31%	4.77%	22.58%	54.25%	-46.77%	23.13%	37.31%	18.28%	12.78%	2.23%	17.06%	5.16%	161.75%	8.88%
Operating Profit	$3.084B	$2.740B	$2.469B	$2.508B	$2.461B	$2.365B	$2.511B	$1.483B	$1.419B	$1.023B	$852.0M	$794.0M	$775.0M	$733.0M	$701.0M	$700.0M	$541.0M	$355.0M									$104.8M	$103.9M
YoY Change	12.55%	10.98%	-1.56%	1.91%	4.06%	-5.81%	69.32%	4.51%	38.71%	20.07%	7.3%	2.45%	5.73%	4.56%	0.14%	29.39%	52.39%										0.87%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Interest Expense	-$1.220B	-$1.108B	-$961.0M	-$996.0M	-$1.002B	-$960.0M	-$870.0M	-$654.0M	-$559.0M	-$553.0M	-$399.0M	-$354.0M	-$343.0M	-$344.0M	-$360.0M	-$363.0M	-$299.0M	-$168.0M	-$153.8M	-$110.1M	-$82.30M	-$73.50M	-$65.60M	-$55.70M	-$46.10M	-$43.60M	-$44.90M	-$45.80M
YoY Change	10.11%	15.3%	-3.51%	-0.6%	4.38%	10.34%	33.03%	16.99%	1.08%	38.6%	12.71%	3.21%	-0.29%	-4.44%	-0.83%	21.4%	77.98%	9.23%	39.69%	33.78%	11.97%	12.04%	17.77%	20.82%	5.73%	-2.9%	-1.97%
% of Operating Profit	-39.56%	-40.44%	-38.92%	-39.71%	-40.72%	-40.59%	-34.65%	-44.1%	-39.39%	-54.06%	-46.83%	-44.58%	-44.26%	-46.93%	-51.36%	-51.86%	-55.27%	-47.32%									-42.84%	-44.08%
Other Income/Expense, Net	$183.0M	$171.0M	$131.0M	$108.0M	$94.00M	$46.00M	$72.00M	$68.00M	$47.00M	$39.00M	$31.00M	$1.000M	$1.000M	$1.000M					$10.00M	$0.00		$0.00	$300.0K	$0.00
YoY Change	7.02%	30.53%	21.3%	14.89%	104.35%	-36.11%	5.88%	44.68%	20.51%	25.81%	3000.0%	0.0%	0.0%									-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Pretax Income	$2.070B	$1.803B	$1.639B	$1.620B	$2.141B	$1.451B	$1.713B	$858.0M	$1.063B	$451.0M	$432.0M	$432.0M	$450.0M	$390.0M	$341.0M	$337.0M	$250.0M	$189.0M	$213.7M	$155.8M	$119.7M	$100.0M	$85.50M	$56.60M	$57.50M	$47.20M	$60.00M	$58.10M
YoY Change	14.81%	10.01%	1.17%	-24.33%	47.55%	-15.29%	99.65%	-19.29%	135.7%	4.4%	0.0%	-4.0%	15.38%	14.37%	1.19%	34.8%	32.28%	-11.56%	37.16%	30.16%	19.7%	16.96%	51.06%	-1.57%	21.82%	-21.33%	3.27%
Income Tax	$360.0M	$289.0M	$234.0M	$231.0M	$289.0M	$209.0M	$420.0M	$145.0M	$223.0M	$66.00M	$32.00M	$61.00M	$84.00M	$67.00M	$49.00M	$65.00M	$36.00M	$32.00M	$70.40M	$46.90M	$38.20M	$32.50M	$28.70M	$17.20M	$27.50M	$23.00M	$29.40M	$28.00M
% Of Pretax Income	17.39%	16.03%	14.28%	14.26%	13.5%	14.4%	24.52%	16.9%	20.98%	14.63%	7.41%	14.12%	18.67%	17.18%	14.37%	19.29%	14.4%	16.93%	32.94%	30.1%	31.91%	32.5%	33.57%	30.39%	47.83%	48.73%	49.0%	48.19%
Net Earnings	$1.506B	$1.330B	$1.294B	$1.274B	$1.722B	$1.166B	$1.028B	$660.0M	$805.0M	$379.0M	$410.0M	$362.0M	$357.0M	$313.0M	$280.0M	$259.0M	$199.0M	$149.0M	$137.1M	$103.2M	$77.60M	$63.30M	$53.60M	$36.80M	$29.20M	$27.40M	$30.00M	$29.00M
YoY Change	13.23%	2.78%	1.57%	-26.02%	47.68%	13.42%	55.76%	-18.01%	112.4%	-7.56%	13.26%	1.4%	14.06%	11.79%	8.11%	30.15%	33.56%	8.68%	32.85%	32.99%	22.59%	18.1%	45.65%	26.03%	6.57%	-8.67%	3.45%
Net Earnings / Revenue	13.08%	12.04%	13.7%	14.26%	19.61%	13.9%	12.38%	9.65%	11.91%	7.02%	10.13%	9.91%	9.55%	8.56%	7.69%	6.64%	7.32%	10.12%	9.51%	9.0%	9.2%	8.85%	8.53%	6.34%	5.78%	5.8%	6.08%	6.11%
Basic Earnings Per Share
Diluted Earnings Per Share	$3.10	$2.78	$2.745M	$2.737M	$3.936M	$2.742M	$2.470M	$2.106M	$2.828M	$1.676M	$1.959M	$1.836M	$1.879M	$1.673M	$1.515M	$1.491M	$1.248M	$1.232M	$1.102M	$998.1K	$1.012M	$954.8K	$899.3K	$680.2K	$559.4K	$531.0K	$594.1K	$588.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Cash & Short-Term Investments	$625.0M	$209.0M	$131.0M	$249.0M	$370.0M	$332.0M	$327.0M	$269.0M	$242.0M	$230.0M	$72.00M	$154.0M	$87.00M	$109.0M	$85.00M	$66.00M	$58.00M	$41.00M	$33.00M	$37.00M	$65.00M	$26.00M	$14.00M	$18.00M	$11.00M	$7.000M	$12.00M	$8.000M
YoY Change	199.04%	59.54%	-47.39%	-32.7%	11.45%	1.53%	21.56%	11.16%	5.22%	219.44%	-53.25%	77.01%	-20.18%	28.24%	28.79%	13.79%	41.46%	24.24%	-10.81%	-43.08%	150.0%	85.71%	-22.22%	63.64%	57.14%	-41.67%	50.0%
Cash & Equivalents	$625.0M	$209.0M	$131.0M	$249.0M	$370.0M	$332.0M	$327.0M	$269.0M	$242.0M	$230.0M	$72.00M	$154.0M	$87.00M	$109.0M	$85.00M	$66.00M	$58.00M	$41.00M	$33.00M	$37.00M	$65.00M	$26.00M	$14.00M	$18.00M	$11.00M	$7.000M	$12.00M	$8.000M
Short-Term Investments
Other Short-Term Assets	$1.016B	$1.060B	$608.0M	$572.0M	$513.0M	$1.174B	$382.0M	$398.0M	$352.0M	$336.0M	$349.0M	$219.0M	$273.0M	$272.0M	$266.0M	$174.0M	$138.0M	$45.00M	$43.00M	$36.00M	$17.00M	$0.00	$0.00	$54.00M	$0.00	$11.00M	$2.000M	$2.000M
YoY Change	-4.15%	74.34%	6.29%	11.5%	-56.3%	207.33%	-4.02%	13.07%	4.76%	-3.72%	59.36%	-19.78%	0.37%	2.26%	52.87%	26.09%	206.67%	4.65%	19.44%	111.76%			-100.0%		-100.0%	450.0%	0.0%
Inventory	$566.0M	$661.0M	$478.0M	$422.0M	$394.0M	$398.0M	$367.0M	$372.0M	$337.0M	$321.0M	$143.0M	$133.0M	$134.0M	$168.0M	$178.0M	$229.0M	$207.0M	$33.00M	$19.00M	$30.00M	$16.00M	$18.00M	$18.00M	$17.00M	$17.00M	$7.000M	$6.000M	$8.000M
Prepaid Expenses
Receivables	$1.549B	$1.759B	$1.269B	$1.102B	$1.070B	$1.080B	$1.036B	$1.025B	$855.0M	$813.0M	$682.0M	$587.0M	$588.0M	$655.0M	$595.0M	$681.0M	$635.0M	$286.0M	$204.0M	$191.0M	$94.00M	$101.0M	$102.0M	$77.00M	$64.00M	$70.00M	$58.00M	$54.00M
Other Receivables	$269.0M	$580.0M	$242.0M	$267.0M	$227.0M	$277.0M	$95.00M	$102.0M	$71.00M	$87.00M	$50.00M	$0.00	$50.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$35.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.025B	$4.269B	$2.728B	$2.612B	$2.574B	$3.261B	$2.207B	$2.166B	$1.857B	$1.787B	$1.296B	$1.093B	$1.132B	$1.204B	$1.124B	$1.150B	$1.038B	$405.0M	$299.0M	$293.0M	$193.0M	$180.0M	$135.0M	$166.0M	$93.00M	$94.00M	$79.00M	$71.00M
YoY Change	-5.72%	56.49%	4.44%	1.48%	-21.07%	47.76%	1.89%	16.64%	3.92%	37.89%	18.57%	-3.45%	-5.98%	7.12%	-2.26%	10.79%	156.3%	35.45%	2.05%	51.81%	7.22%	33.33%	-18.67%	78.49%	-1.06%	18.99%	11.27%
Property, Plant & Equipment	$43.57B	$41.84B	$37.98B	$36.16B	$34.15B	$32.65B	$29.67B	$29.34B	$19.60B	$17.84B	$12.27B	$10.25B	$9.612B	$8.745B	$8.252B	$7.681B	$7.267B	$4.044B	$3.315B	$2.713B	$1.563B	$1.506B	$1.284B	$1.115B	$985.0M	$780.0M	$778.0M	$767.0M
YoY Change	4.15%	10.15%	5.04%	5.89%	4.58%	10.06%	1.13%	49.72%	9.82%	45.46%	19.69%	6.63%	9.91%	5.97%	7.43%	5.7%	79.7%	21.99%	22.19%	73.58%	3.78%	17.29%	15.16%	13.2%	26.28%	0.26%	1.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$133.0M	$115.0M	$178.0M	$158.0M	$126.0M	$153.0M	$124.0M	$99.00M	$125.0M	$12.00M	$10.00M		$10.00M						$167.0M	$164.0M	$168.0M	$96.00M	$82.00M	$82.00M
YoY Change	15.65%	-35.39%	12.66%	25.4%	-17.65%	23.39%	25.25%	-20.8%	941.67%	20.0%									1.83%	-2.38%	75.0%	17.07%	0.0%
Other Assets	$4.495B	$4.018B	$3.707B	$3.468B	$3.290B	$3.253B	$3.098B	$2.927B	$2.500B	$2.385B	$1.902B	$1.715B	$1.561B	$1.074B	$908.0M	$478.0M	$402.0M	$321.0M	$289.0M	$236.0M	$153.0M	$119.0M	$90.00M	$81.00M	$72.00M	$66.00M	$58.00M	$50.00M
YoY Change	11.87%	8.39%	6.89%	5.41%	1.14%	5.0%	5.84%	17.08%	4.82%	25.39%	10.9%	9.87%	45.34%	18.28%	89.96%	18.91%	25.23%	11.07%	22.46%	54.25%	28.57%	32.22%	11.11%	12.5%	9.09%	13.79%	16.0%
Total Long-Term Assets	$61.90B	$59.98B	$54.93B	$52.87B	$50.83B	$49.79B	$45.62B	$45.74B	$26.95B	$24.45B	$16.61B	$13.86B	$13.08B	$11.71B	$11.02B	$10.02B	$9.235B	$5.036B	$4.298B	$3.645B	$1.971B	$1.807B	$1.490B	$1.313B	$1.146B	$943.0M	$938.0M	$926.0M
YoY Change	3.19%	9.2%	3.9%	4.01%	2.09%	9.15%	-0.27%	69.73%	10.23%	47.16%	19.88%	5.92%	11.76%	6.26%	9.97%	8.46%	83.38%	17.17%	17.91%	84.93%	9.08%	21.28%	13.48%	14.57%	21.53%	0.53%	1.3%
Total Assets	$65.92B	$64.25B	$57.66B	$55.48B	$53.40B	$53.05B	$47.82B	$47.90B	$28.80B	$26.23B	$17.91B	$14.95B	$14.21B	$12.91B	$12.14B	$11.17B	$10.27B	$5.441B	$4.597B	$3.938B	$2.164B	$1.987B	$1.625B	$1.479B	$1.239B	$1.037B	$1.017B	$997.0M
YoY Change
Accounts Payable	$990.0M	$886.0M	$774.0M	$707.0M	$754.0M	$1.111B	$1.066B	$1.037B	$712.0M	$720.0M	$598.0M	$966.0M	$567.0M	$953.0M	$852.0M	$874.0M	$793.0M	$333.0M	$265.0M	$272.0M	$140.0M	$145.0M	$116.0M	$129.0M	$94.00M	$79.00M	$81.00M	$63.00M
YoY Change	11.74%	14.47%	9.48%	-6.23%	-32.13%	4.22%	2.8%	45.65%	-1.11%	20.4%	-38.1%	70.37%	-40.5%	11.85%	-2.52%	10.21%	138.14%	25.66%	-2.57%	94.29%	-3.45%	25.0%	-10.08%	37.23%	18.99%	-2.47%	28.57%
Accrued Expenses	$857.0M	$834.0M	$773.0M	$720.0M	$696.0M	$629.0M	$585.0M	$564.0M	$372.0M	$358.0M	$202.0M		$163.0M															$4.000M
YoY Change	2.76%	7.89%	7.36%	3.45%	10.65%	7.52%	3.72%	51.61%	3.91%	77.23%
Deferred Revenue
YoY Change
Short-Term Debt	$119.0M	$253.0M	$247.0M	$132.0M	$512.0M	$60.00M	$209.0M	$1.155B	$511.0M	$330.0M	$160.0M	$136.0M	$159.0M	$358.0M	$415.0M	$410.0M	$475.0M	$98.00M	$49.00M	$193.0M	$104.0M	$157.0M	$130.0M	$34.00M	$93.00M	$22.00M	$46.00M	$54.00M
YoY Change	-52.96%	2.43%	87.12%	-74.22%	753.33%	-71.29%	-81.9%	126.03%	54.85%	106.25%	17.65%	-14.47%	-55.59%	-13.73%	1.22%	-13.68%	384.69%	100.0%	-74.61%	85.58%	-33.76%	20.77%	282.35%	-63.44%	322.73%	-52.17%	-14.81%
Long-Term Debt Due	$2.299B	$2.481B	$1.628B	$1.254B	$714.0M	$1.178B	$752.0M	$327.0M	$410.0M	$733.0M	$787.0M	$166.0M	$110.0M	$56.00M	$224.0M	$240.0M	$436.0M	$85.00M	$31.00M	$36.00M	$38.00M	$24.00M	$21.00M	$12.00M	$11.00M	$6.000M	$15.00M	$3.000M
YoY Change	-7.34%	52.4%	29.82%	75.63%	-39.39%	56.65%	129.97%	-20.24%	-44.07%	-6.86%	374.1%	50.91%	96.43%	-75.0%	-6.67%	-44.95%	412.94%	174.19%	-13.89%	-5.26%	58.33%	14.29%	75.0%	9.09%	83.33%	-60.0%	400.0%
Total Short-Term Liabilities	$5.964B	$6.617B	$4.802B	$4.148B	$4.176B	$4.252B	$3.504B	$3.944B	$2.638B	$2.676B	$2.084B	$1.350B	$1.305B	$1.517B	$1.592B	$1.697B	$1.804B	$558.0M	$412.0M	$538.0M	$296.0M	$334.0M	$272.0M	$224.0M	$230.0M	$148.0M	$172.0M	$172.0M
YoY Change	-9.87%	37.8%	15.77%	-0.67%	-1.79%	21.35%	-11.16%	49.51%	-1.42%	28.41%	54.37%	3.45%	-13.97%	-4.71%	-6.19%	-5.93%	223.3%	35.44%	-23.42%	81.76%	-11.38%	22.79%	21.43%	-2.61%	55.41%	-13.95%	0.0%
Long-Term Debt	$27.57B	$26.27B	$24.04B	$23.44B	$21.91B	$23.55B	$21.11B	$21.28B	$11.27B	$10.41B	$6.841B	$6.169B	$6.114B	$5.929B	$5.596B	$5.204B	$4.943B	$2.878B	$2.455B	$1.904B	$1.031B	$941.0M	$796.0M	$728.0M	$538.0M	$474.0M	$436.0M	$436.0M
YoY Change	4.98%	9.26%	2.54%	6.98%	-6.94%	11.58%	-0.81%	88.78%	8.31%	52.11%	10.89%	0.9%	3.12%	5.95%	7.53%	5.28%	71.75%	17.23%	28.94%	84.68%	9.56%	18.22%	9.34%	35.32%	13.5%	8.72%	0.0%
Other Long-Term Liabilities	$4.651B	$4.466B	$4.274B	$4.261B	$4.232B	$4.990B	$5.048B	$2.970B	$2.492B	$2.413B	$1.529B	$1.319B	$1.176B	$775.0M	$718.0M	$666.0M	$633.0M	$419.0M	$432.0M	$90.00M	$20.00M	$61.00M	$49.00M	$82.00M	$98.00M	$68.00M	$53.00M	$50.00M
YoY Change	4.14%	4.49%	0.31%	0.69%	-15.19%	-1.15%	69.97%	19.18%	3.27%	57.82%	15.92%	12.16%	51.74%	7.94%	7.81%	5.21%	51.07%	-3.01%	380.0%	350.0%	-67.21%	24.49%	-40.24%	-16.33%	44.12%	28.3%	6.0%
Total Long-Term Liabilities	$32.23B	$30.73B	$28.31B	$27.71B	$26.15B	$28.54B	$26.15B	$24.25B	$13.76B	$12.82B	$8.370B	$7.488B	$7.290B	$6.704B	$6.314B	$5.870B	$5.576B	$3.297B	$2.887B	$1.994B	$1.051B	$1.002B	$845.0M	$810.0M	$636.0M	$542.0M	$489.0M	$486.0M
YoY Change	4.85%	8.54%	2.2%	5.96%	-8.39%	9.12%	7.86%	76.18%	7.36%	53.15%	11.78%	2.72%	8.74%	6.18%	7.56%	5.27%	69.12%	14.2%	44.78%	89.72%	4.89%	18.58%	4.32%	27.36%	17.34%	10.84%	0.62%
Total Liabilities	$44.42B	$43.22B	$38.37B	$36.78B	$34.87B	$36.52B	$32.82B	$33.31B	$18.92B	$17.54B	$11.91B	$9.850B	$9.479B	$9.012B	$8.599B	$7.773B	$7.550B	$4.043B	$3.384B	$2.618B	$1.426B	$1.401B	$1.175B	$1.066B	$895.0M	$699.0M	$691.0M	$688.0M
YoY Change	2.76%	12.64%	4.31%	5.48%	-4.5%	11.27%	-1.47%	76.0%	7.88%	47.33%	20.88%	3.91%	5.18%	4.8%	10.63%	2.95%	86.74%	19.47%	29.26%	83.59%	1.78%	19.23%	10.23%	19.11%	28.04%	1.16%	0.44%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $29.97 Billion

About Fortis Inc.

Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. The company is headquartered in St. Johns, Newfoundland And Labrador and currently employs 9,598 full-time employees. The firm's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Company’s non-regulated businesses include energy infrastructure and corporate and other.

Industry: Electric Services Peers: