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Companies/Fortis Inc.
Company profile

Fortis Inc.

NYSE: FTS · Utilities · Regulated Electric
Canadian filerHQ Saint John's, NFCIK 0001666175Reports USD
#27 of 134 Utilities companies by revenue36th-percentile growth
EA Score
56C
FH 71DQ 32GM 48SS 72
v0.1 · 65/100 weight · provisional
↑ operating margin, market scale · ↓ 3-yr revenue growth, disclosure history
Methodology →
Revenue TTM
$8.9B
Rev growth YoY (TTM)
+5.2%
Net income (FY)
$1.4B
Employees
9,800
Market cap
$29.5B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$8.5B11.9B CAD2025
Net income$1.4B2.0B CAD2025
Operating income$2.5B3.5B CAD2025
Total assets$54.6B74.8B CAD2025
Liabilities$35.7B49.0B CAD2025
Equity$17.4B23.8B CAD2025

Revenue trend

FY2018 – FY2025 · USD
$6.4B
FY18
$6.5B
FY19
$6.5B
FY20
$7.4B
FY21
$8.4B
FY22
$8.3B
FY23
$8.2B
FY24
$8.5B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Electric and Gas97%
Other Services3%
By geography
UNITED STATES55%
CANADA37%
Caribbean8%
The read

Fortis Inc. booked $8.5B in FY2025 revenue, growing 3.7% year over year — slower than 64% of Utilities companies we track, at a 16.5% net margin.

Peers · Utilities
Atmos Energy Corporation66BCenterPoint Energy, Inc.73BEdison International81B+NRG Energy, Inc.60C
Key facts
CEODavid Gerard Hutchens
SectorUtilities
IndustryRegulated Electric
HeadquartersSaint John's, NF
ExchangeNYSE: FTS
Employees9,800
IPO date2010-01-05
Latest filings
6-K2026-07-026-K2026-06-126-K2026-05-076-K2026-05-066-K2026-05-066-K2026-04-086-K2026-03-306-K2026-02-18
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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