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

59.97 1.21 −1.98%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Fortis (FTS) trades at a P/S ratio of 3.5×. Over the past ten years it has ranged from 0.0× (June 2016) to 3.5× (November 2026) — the current reading is the highest in ten years. That is above the Utilities Regulated Electric industry median of 2.8× and above the Utilities sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.0× 22.55%
FY2024 2.5× 4.74%
FY2023 2.3× 2.51%
FY2022 2.3× (24.32%)
FY2021 3.0× 6.00%
FY2020 2.8× 3.82%
FY2019 2.7× 25.18%
FY2018 2.2× (7.31%)
FY2017 2.4× 28.46%
FY2016 1.8× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.0× (7.16%)
Jun 2026 3.2× 0.97%
Mar 2026 3.2× 6.51%
Dec 2025 3.0× 0.84%
41 more quarters

Against its own ten years

Low 0.0× High 3.5×
Ten-year median 2.5×
Current reading's percentile 100

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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