Fortis Ebitda from 2010 to 2024

FTS Stock  USD 44.58  0.25  0.56%   
Fortis EBITDA yearly trend continues to be comparatively stable with very little volatility. EBITDA is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortis EBITDA quarterly data regression had r-value of  0.98 and coefficient of variation of  53.26. View All Fundamentals
 
EBITDA  
First Reported
1997-03-31
Previous Quarter
1.2 B
Current Value
1.4 B
Quarterly Volatility
423.1 M
 
Dot-com Bubble
 
Housing Crash
 
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' Ebitda Growth Pattern

Below is the plot of the Ebitda of Fortis Inc over the last few years. It is Fortis' EBITDA 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.
Ebitda10 Years Trend
Slightly volatile
   Ebitda   
       Timeline  

Fortis Ebitda Regression Statistics

Arithmetic Mean2,999,495,467
Geometric Mean2,326,025,950
Coefficient Of Variation53.26
Mean Deviation1,388,324,836
Median3,668,000,000
Standard Deviation1,597,671,269
Sample Variance2552553.5T
Range5.3B
R-Value0.98
Mean Square Error105562.8T
R-Squared0.96
Slope350,323,486
Total Sum of Squares35735748.8T

Fortis Ebitda History

20245.4 B
20235.1 B
20224.5 B
2021B
2020B
20193.9 B
20183.7 B

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Ebitda, 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
EBITDA5.1 B5.4 B

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.