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. In the quarter to June 2026, revenue grew 4.02%, EPS grew 1.82%, free cash flow grew 29.5% and total debt rose 7.34%, each against the same quarter a year earlier. Operating cash flow growth for five consecutive years; insiders bought in the last twelve months.
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Fortis (FTS) P/E ratio
As of 16 October 2026, Fortis (FTS) trades at a P/E ratio of 22.6×. Over the past ten years it has ranged from 10.0× (March 2020) to 73.2× (October 2015); the current reading is higher than 82% of that period. That is above the Utilities Regulated Electric industry median of 19.5× and above the Utilities sector median of 20.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 21.3× | 20.85% |
| FY2024 | 17.6× | (1.28%) |
| FY2023 | 17.8× | (6.16%) |
| FY2022 | 19.0× | (18.46%) |
| FY2021 | 23.3× | 11.40% |
| FY2020 | 20.9× | 47.25% |
| FY2019 | 14.2× | (14.35%) |
| FY2018 | 16.6× | (18.36%) |
| FY2017 | 20.3× | (6.06%) |
| FY2016 | 21.6× | (38.05%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 23.2× | 2.17% |
| Mar 2026 | 22.7× | 6.54% |
| Dec 2025 | 21.3× | 0.69% |
| Sep 2025 | 21.1× | 7.64% |
| 40 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| PCG Pacific Gas & Electric Co. compare | 9.5× |
| ES Eversource Energy compare | 17.3× |
| AEE Ameren Corporation compare | 18.5× |
| DTE DTE Energy Company compare | 20.5× |
| PPL PPL Corporation compare | 20.7× |
| WEC WEC Energy Group, Inc. compare | 21.0× |
| FTS Fortis | 22.6× |
| CNP CenterPoint Energy, Inc. compare | 23.9× |
| FE FirstEnergy Corporation compare | 24.6× |
| Utilities Regulated Electric industry median | 19.5× |
| Utilities sector median | 20.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)