Fortis

FTS Utilities Utilities Regulated Electric

Fortis' revenue for fiscal 2025 (year ended December 2025) was $8.7 billion, up 3.71% from fiscal 2024.

Revenue
+4.39%
EPS
+28.7%
Free cash flow
−10.2%
Total debt
+14.0%

Quarter to September 2026, against a year earlier

61.19 0.26 +0.43%
Market cap
$31.3B
P/E
23.2×
Fwd P/E
22.6×
Dividend yield
3.02%
F-score
6/9
Altman Z
0.80
Beneish M
−2.73
Dividend safety
24/100

Fortis (FTS) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Fortis (FTS) trades at a EV/EBITDA of 14.0×. Over the past ten years it has ranged from 0.0× (June 2016) to 14.6× (March 2017); the current reading is higher than 96% of that period. That is above the Utilities Regulated Electric industry median of 12.4× and above the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.8× 8.05%
FY2024 11.8× 1.87%
FY2023 11.6× (5.36%)
FY2022 12.2× (10.31%)
FY2021 13.7× 7.51%
FY2020 12.7× 19.07%
FY2019 10.7× (9.58%)
FY2018 11.8× 6.82%
FY2017 11.0× (22.14%)
FY2016 14.2× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.9× (4.72%)
Jun 2026 13.6× 1.60%
Mar 2026 13.4× 4.75%
Dec 2025 12.8× 3.30%
41 more quarters

Against its own ten years

Low 0.0× High 14.6×
Ten-year median 12.1×
Current reading's percentile 96

EV/EBITDA against peers

Company EV/EBITDA
PCG Pacific Gas & Electric Co. compare 9.3×
ES Eversource Energy compare 10.3×
CNP CenterPoint Energy, Inc. compare 12.3×
PPL PPL Corporation compare 12.5×
DTE DTE Energy Company compare 13.1×
AEE Ameren Corporation compare 13.2×
FE FirstEnergy Corporation compare 13.9×
PEG Public Service Enterprise Group Incorporated compare 14.0×
FTS Fortis 14.0×
Utilities Regulated Electric industry median 12.4×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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