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

59.88 1.30 −2.12%
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) Return on invested capital

Alert me on Return on invested capital

Fortis's return on invested capital over the twelve months to 30 September 2026 was 3.51%, down 0.1 percentage points from fiscal 2025 (3.63%). Over the past ten years it has ranged from 2.38% (fiscal 2016) to 4.43% (fiscal 2019); the current reading is higher than 64% of that period. That is below the Utilities Regulated Electric industry median of 3.95% and below the Utilities sector median of 3.92%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 3.63% 0.16
FY2024 3.47% (0.19)
FY2023 3.66% 0.34
FY2022 3.32% 0.02
FY2021 3.30% (0.19)
FY2020 3.49% (0.94)
FY2019 4.43% 0.97
FY2018 3.46% (0.68)
FY2017 4.14% 1.76
FY2016 2.38% (1.60)

Against its own ten years

Low 2.38% High 4.43%
Ten-year median 3.49%
Current reading's percentile 64

Return on invested capital against peers

Company Return on invested capital
ES Eversource Energy compare 4.32%
CNP CenterPoint Energy, Inc. compare 4.16%
PPL PPL Corporation compare 4.04%
PEG Public Service Enterprise Group Incorporated compare 3.96%
AEE Ameren Corporation compare 3.95%
DTE DTE Energy Company compare 3.63%
FTS Fortis 3.51%
FE FirstEnergy Corporation compare 3.40%
PCG Pacific Gas & Electric Co. compare 3.30%
Utilities Regulated Electric industry median 3.95%
Utilities sector median 3.92%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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