NYSE · Utilities

Fortis Inc. (FTS)

Fortis Inc. reported revenue of CA$12.2B in fiscal 2025, up 5.8% from a year earlier. Net income was CA$1.7B, a net margin of 14.1%. In fiscal 2025 capital spending exceeded operating cash flow by CA$1.9B. At December 31, 2025 it held CA$367M in cash against CA$33.9B of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on February 12, 2026.

Watch FTS in 60 seconds

Price

$53.12

+0.06% on the day · September 28, 2026

52-week range $49.60 to $59.40

Market cap

$27.1B

Revenue (FY2025)

CA$12.2B

+5.8% year on year

Net margin

14.1%

What Fortis Inc. does

Fortis Inc. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker FTS.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in CAD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	CA$12.2B	CA$3.5B	CA$1.7B	CA$3.40	-CA$1.9B
2024	CA$11.5B	CA$3.3B	CA$1.6B	CA$3.24	-CA$1.1B
2023	CA$11.5B	CA$3.1B	CA$1.5B	CA$3.10	-CA$441M
2022	CA$11B	CA$2.7B	CA$1.3B	CA$2.78	-CA$513M
2021	CA$9.4B	CA$2.5B	CA$1.2B	CA$2.61	-CA$282M
2020	CA$8.9B	CA$2.5B	CA$1.2B	CA$2.60	-CA$1.2B

Full financial statements: income, balance sheet and cash flow

Where FTS ranks in Utilities

Revenue growth+5.8%

#89 of 132 in Utilities · Bottom 33%

Net margin14.1%

#46 of 132 in Utilities · Top 34%

Free cash flow margin-15.4%

#84 of 107 in Utilities · Bottom 22%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Utilities

Dividends

Fortis Inc. declared CA$2.51 per share in fiscal 2025. It paid out CA$788M in cash dividends, 46% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	CA$2.51	CA$788M	46%
2024	CA$2.41	CA$744M	46%
2023	CA$2.31	CA$701M	47%
2022	CA$2.20	CA$673M	51%
2021	CA$2.08	CA$608M	49%
2020	CA$1.97	CA$786M	65%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Fortis Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 21, 2026
Foreign issuer update 6-K
September 10, 2026
Form SUPPL filing SUPPL
September 10, 2026
Foreign issuer update 6-K
September 10, 2026
Foreign issuer update 6-K
September 9, 2026
Offering term sheet FWP
September 9, 2026
Form SUPPL filing SUPPL
July 31, 2026
Foreign issuer update 6-K
July 31, 2026
Foreign issuer update 6-K
July 30, 2026
Foreign issuer update 6-K
July 2, 2026
Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 2, the latest on March 4, 2026. Insider transactions on SEC

Insider trades

What the people running Fortis Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
March 2, 2026	O'Dea Regan PatrickVP, General Counsel	Bought	578	$78.04	$45.1K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns FTS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

No holder of 5% or more has filed about this company in that window.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

1 insiders reported holding 15,293 shares in total, about $812.4K at the last price.

Holder	Shares	As of
O'Dea Regan PatrickVP, General Counsel	15,293	March 2, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about FTS

What does Fortis Inc. do?

Fortis Inc. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker FTS.

Is Fortis Inc. profitable?

Yes. In fiscal 2025 it reported net income of CA$1.7B on revenue of CA$12.2B, a net margin of 14.1%.

How much revenue does Fortis Inc. make?

In fiscal 2025 Fortis Inc. reported revenue of CA$12.2B. That is 5.8% more than a year earlier.

When did Fortis Inc. last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on February 12, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 21, 2026.

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Where the numbers come from

Financial figures are the values Fortis Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.