Fortis Ebit Per Revenue from 2010 to 2024

FTS Stock  USD 45.16  0.34  0.76%   
Fortis Ebit Per Revenue yearly trend continues to be comparatively stable with very little volatility. Ebit Per Revenue will likely drop to 0.18 in 2024. From the period from 2010 to 2024, Fortis Ebit Per Revenue quarterly data regression had r-value of  0.39 and coefficient of variation of  19.32. View All Fundamentals
 
Ebit Per Revenue  
First Reported
2010-12-31
Previous Quarter
0.26777807
Current Value
0.18
Quarterly Volatility
0.04674235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Ebit Per Revenue Growth Pattern

Below is the plot of the Ebit Per Revenue of Fortis Inc over the last few years. It is Fortis' Ebit Per Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Ebit Per Revenue10 Years Trend
Slightly volatile
   Ebit Per Revenue   
       Timeline  

Fortis Ebit Per Revenue Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.24
Coefficient Of Variation19.32
Mean Deviation0.04
Median0.22
Standard Deviation0.05
Sample Variance0
Range0.1659
R-Value0.39
Mean Square Error0
R-Squared0.15
Significance0.15
Slope0
Total Sum of Squares0.03

Fortis Ebit Per Revenue History

2024 0.18
2023 0.27
2022 0.25
2021 0.26
2019 0.35
2018 0.28
2017 0.3

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Ebit Per Revenue, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Ebit Per Revenue 0.27  0.18 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.