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.

55.76 1.10 +2.01%
Market cap
$27.9B
P/E
22.6×
Fwd P/E
21.5×
Dividend yield
3.31%
F-score
6/9
Altman Z
0.80
Beneish M
−2.73
Dividend safety
24/100

Fortis (FTS) P/E ratio

Alert me on 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

Against its own ten years

Low 10.0× High 73.2×
Ten-year median 20.1×
Current reading's percentile 84

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)

The full definition of P/E ratio →

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