Fortis Inc.

Fortis Inc.verified

FTS

Price:

$44.59

Market Cap:

$29.96B

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

2010-01-05

Stock Exchange

NYSE

Ticker

FTS

The ROE as of September 2024 (TTM) for Fortis Inc. (FTS) is 7.42%

According to Fortis Inc.’s latest financial reports and current stock price. The company's current ROE is 7.42%. This represents a change of 299.49% compared to the average of 1.86% of the last 4 quarters.

Fortis Inc. (FTS) Historical ROE (quarterly & annually)

How has FTS ROE performed in the past?

The mean historical ROE of Fortis Inc. over the last ten years is 6.77%. The current 7.42% ROE has changed 9.68% with respect to the historical average. Over the past ten years (40 quarters), FTS's ROE was at its highest in in the June 2019 quarter at 4.27%. The ROE was at its lowest in in the September 2014 quarter at 0.43%.

Quarterly (TTM)
Annual

Average

6.77%

Median

6.83%

Minimum

4.36%

Maximum

9.29%

Fortis Inc. (FTS) ROE by Quarter and Year

Discovering the peaks and valleys of Fortis Inc. ROE, 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 = 86.84%

Maximum Annual ROE = 9.29%

Minimum Annual Increase = -44.51%

Minimum Annual ROE = 4.36%

Quarterly (TTM)
Annual
YearROEChange
20237.31%10.35%
20226.63%-1.20%
20216.71%-1.54%
20206.81%-26.67%
20199.29%31.76%
20187.05%2.93%
20176.85%51.54%
20164.52%-44.51%
20158.15%86.84%
20144.36%-36.17%

Fortis Inc. (FTS) Average ROE

How has FTS ROE performed in the past?

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

3-year avg

6.88%

5-year avg

7.35%

10-year avg

6.77%

Fortis Inc. (FTS) ROE vs. Peers

How is FTS’s ROE compared to its peers?

Fortis Inc.’s ROE is less than CMS Energy Corporation (0%), less than Ameren Corporation (12.65%), less than Pinnacle West Capital Corporation (10.31%), less than MGE Energy, Inc. (9.92%), less than Evergy, Inc. (10.04%), less than Alliant Energy Corporation (7.63%), less than CenterPoint Energy, Inc. (9.22%), less than FirstEnergy Corp. (10.63%), less than Edison International (7.63%), less than Public Service Enterprise Group Incorporated (7.41%), less than Entergy Corporation (10.98%), less than null (12.36%),

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