Fortis employs about 9.6 K people. The company is managed by 32 executives with a total tenure of roughly 161 years, averaging almost 5.0 years of service per executive, having 300.0 employees per reported executive. Breaking down Fortis' management performance can provide insight into the firm performance.
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Fortis Management Team Effectiveness
The company has Return on Asset of 0.0301 % which means that on every $100 spent on assets, it made $0.0301 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0754 %, implying that it generated $0.0754 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Fortis' Debt To Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.03 in 2024, whereas Intangibles To Total Assets are likely to drop 0.11 in 2024.
Fortis Inc is rated # 5 in number of employees category among its peers. The total workforce of Utilities industry is currently estimated at about 101,187. Fortis holds roughly 9,600 in number of employees claiming about 9% of Utilities industry.
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.3 %, which entails that for every 100 dollars of revenue, it generated $0.3 of operating income.
The output start index for this execution was zero with a total number of output elements of sixty-one. Fortis Inc Price Series Summation is a cross summation of Fortis price series and its benchmark/peer.
Fortis Notable Stakeholders
A Fortis stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Fortis often face trade-offs trying to please all of them. Fortis' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Fortis' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
The success or failure of an entity such as Fortis Inc often depends on how effective the management is. Fortis management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Fortis management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Fortis management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Please note, the imprecision that can be found in Fortis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortis Inc. Check Fortis' Beneish M Score to see the likelihood of Fortis' management manipulating its earnings.
Fortis Workforce Analysis
Traditionally, organizations such as Fortis use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Fortis within its industry.
Fortis Manpower Efficiency
Return on Fortis Manpower
Revenue Per Employee
1.2M
Revenue Per Executive
359.9M
Net Income Per Employee
178.1K
Net Income Per Executive
53.4M
Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.