Friday 6 November 2026 Export FTS’s income statement to Excel — free account

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

60.08 1.10 −1.80%

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Market cap: $31.3B
P/E: 22.8×
Fwd P/E: 22.6×
Dividend yield: 3.07%
F-score: 6/9
Altman Z: 0.80
Beneish M: −2.73
Dividend safety: 24/100

Overview

Fortis (FTS) P/E ratio

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As of 6 November 2026, Fortis (FTS) trades at a P/E ratio of 22.8×. Over the past ten years it has ranged from 10.0× (March 2020) to 73.2× (October 2015); the current reading is higher than 84% of that period. That is above the Utilities Regulated Electric industry median of 19.3× and above the Utilities sector median of 19.6×.

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<iframe src="https://stockrow.com/embed/FTS/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Fortis P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/FTS/metrics/pe-ratio">Fortis (FTS) P/E ratio — stockrow.com</a></p>

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%)

Period	P/E ratio	Change
Sep 2026	20.0×	(12.74%)
Jun 2026	22.9×	1.13%
Mar 2026	22.7×	6.54%
Dec 2025	21.3×	0.69%
41 more quarters	Free account

Against its own ten years

Low 10.0× High 73.2×

Ten-year median 20.1×

Current reading's percentile 86

Company	P/E ratio
PCG Pacific Gas & Electric Co. compare	9.6×
ES Eversource Energy compare	18.5×
AEE Ameren Corporation compare	19.5×
PPL PPL Corporation compare	20.4×
PEG Public Service Enterprise Group Incorporated compare	20.5×
DTE DTE Energy Company compare	20.6×
FE FirstEnergy Corporation compare	21.3×
FTS Fortis	22.8×
CNP CenterPoint Energy, Inc. compare	23.2×
Utilities Regulated Electric industry median	19.3×
Utilities sector median	19.6×
Market median	17.8×

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 →

Fortis (FTS) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on FTS

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on FTS

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