Fortis Retained Earnings from 2010 to 2024

FTS Stock

USD 44.58 0.25 0.56%

Fortis Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Fortis Inc retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1997-03-31

Previous Quarter

4.6 B

Current Value

4.4 B

Quarterly Volatility

1.3 B

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' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Fortis Inc over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Fortis' Retained Earnings 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.

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Last Reported 4.11 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

Fortis Retained Earnings Regression Statistics

	Arithmetic Mean	2,169,672,000
	Geometric Mean	1,695,661,018
	Coefficient Of Variation	61.56
	Mean Deviation	1,163,809,067
	Median	1,727,000,000
	Standard Deviation	1,335,567,396
	Sample Variance	1783740.3T
	Range	4.1B
	R-Value	0.98
	Mean Square Error	79962.8T
	R-Squared	0.96
	Slope	292,360,143
	Total Sum of Squares	24972363.8T

Fortis Retained Earnings History

	2024	4.3 B
	2023	4.1 B
	2022	3.7 B
	2021	3.5 B
	2020	3.2 B
	2019	2.9 B
	2018	2.1 B

Other Fundumenentals of Fortis Inc

Retained Earnings Total Equity

Fortis Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Retained Earnings	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Intangible Assets	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.02	1.0	0.61	0.95	0.96	1.0	0.94	0.9	0.99	0.92	0.75	1.0	0.94	0.85	0.19	0.91	0.95	0.94	-0.94	0.8	-0.65	0.78
Total Stockholder Equity	1.0		-0.01	0.99	0.61	0.95	0.95	0.99	0.94	0.9	1.0	0.94	0.78	0.99	0.93	0.84	0.19	0.91	0.94	0.93	-0.93	0.81	-0.67	0.8
Current Deferred Revenue	-0.02	-0.01		-0.03	0.04	0.13	-0.14	-0.01	0.13	0.15	-0.07	-0.06	0.04	-0.08	-0.06	0.02	0.12	-0.09	-0.19	-0.29	0.27	-0.11	0.04	-0.13
Net Debt	1.0	0.99	-0.03		0.59	0.95	0.97	1.0	0.94	0.9	0.99	0.91	0.73	1.0	0.94	0.84	0.19	0.91	0.95	0.95	-0.94	0.79	-0.63	0.76
Accounts Payable	0.61	0.61	0.04	0.59		0.7	0.53	0.61	0.64	0.52	0.6	0.6	0.47	0.6	0.49	0.47	0.05	0.7	0.57	0.55	-0.53	0.54	-0.44	0.47
Net Receivables	0.95	0.95	0.13	0.95	0.7		0.86	0.96	0.98	0.95	0.93	0.92	0.8	0.94	0.87	0.89	0.27	0.86	0.9	0.84	-0.86	0.84	-0.72	0.79
Good Will	0.96	0.95	-0.14	0.97	0.53	0.86		0.96	0.85	0.79	0.97	0.81	0.59	0.98	0.92	0.72	0.12	0.92	0.91	0.96	-0.91	0.66	-0.5	0.63
Total Liab	1.0	0.99	-0.01	1.0	0.61	0.96	0.96		0.95	0.9	0.99	0.92	0.75	1.0	0.94	0.85	0.19	0.91	0.95	0.94	-0.94	0.8	-0.64	0.77
Total Current Assets	0.94	0.94	0.13	0.94	0.64	0.98	0.85	0.95		0.94	0.91	0.92	0.81	0.93	0.86	0.92	0.24	0.82	0.9	0.84	-0.86	0.87	-0.69	0.8
Short Term Debt	0.9	0.9	0.15	0.9	0.52	0.95	0.79	0.9	0.94		0.87	0.91	0.86	0.87	0.86	0.94	0.39	0.78	0.87	0.8	-0.83	0.89	-0.81	0.85
Common Stock	0.99	1.0	-0.07	0.99	0.6	0.93	0.97	0.99	0.91	0.87		0.92	0.75	0.99	0.94	0.82	0.18	0.92	0.95	0.95	-0.94	0.79	-0.65	0.78
Retained Earnings	0.92	0.94	-0.06	0.91	0.6	0.92	0.81	0.92	0.92	0.91	0.92		0.92	0.91	0.85	0.9	0.25	0.82	0.92	0.86	-0.9	0.94	-0.82	0.95
Net Tangible Assets	0.75	0.78	0.04	0.73	0.47	0.8	0.59	0.75	0.81	0.86	0.75	0.92		0.71	0.76	0.9	0.41	0.63	0.8	0.67	-0.75	0.92	-0.85	0.95
Long Term Debt	1.0	0.99	-0.08	1.0	0.6	0.94	0.98	1.0	0.93	0.87	0.99	0.91	0.71		0.93	0.83	0.16	0.91	0.95	0.96	-0.95	0.78	-0.61	0.75
Deferred Long Term Liab	0.94	0.93	-0.06	0.94	0.49	0.87	0.92	0.94	0.86	0.86	0.94	0.85	0.76	0.93		0.85	0.36	0.85	0.95	0.91	-0.9	0.73	-0.57	0.72
Long Term Investments	0.85	0.84	0.02	0.84	0.47	0.89	0.72	0.85	0.92	0.94	0.82	0.9	0.9	0.83	0.85		0.41	0.68	0.89	0.78	-0.85	0.92	-0.77	0.88
Short Long Term Debt	0.19	0.19	0.12	0.19	0.05	0.27	0.12	0.19	0.24	0.39	0.18	0.25	0.41	0.16	0.36	0.41		0.13	0.26	0.15	-0.17	0.26	-0.27	0.26
Intangible Assets	0.91	0.91	-0.09	0.91	0.7	0.86	0.92	0.91	0.82	0.78	0.92	0.82	0.63	0.91	0.85	0.68	0.13		0.86	0.93	-0.86	0.72	-0.57	0.65
Property Plant Equipment	0.95	0.94	-0.19	0.95	0.57	0.9	0.91	0.95	0.9	0.87	0.95	0.92	0.8	0.95	0.95	0.89	0.26	0.86		0.94	-0.95	0.84	-0.68	0.82
Long Term Debt Total	0.94	0.93	-0.29	0.95	0.55	0.84	0.96	0.94	0.84	0.8	0.95	0.86	0.67	0.96	0.91	0.78	0.15	0.93	0.94		-0.95	0.78	-0.58	0.73
Capital Surpluse	-0.94	-0.93	0.27	-0.94	-0.53	-0.86	-0.91	-0.94	-0.86	-0.83	-0.94	-0.9	-0.75	-0.95	-0.9	-0.85	-0.17	-0.86	-0.95	-0.95		-0.82	0.67	-0.8
Net Invested Capital	0.8	0.81	-0.11	0.79	0.54	0.84	0.66	0.8	0.87	0.89	0.79	0.94	0.92	0.78	0.73	0.92	0.26	0.72	0.84	0.78	-0.82		-0.87	0.95
Net Working Capital	-0.65	-0.67	0.04	-0.63	-0.44	-0.72	-0.5	-0.64	-0.69	-0.81	-0.65	-0.82	-0.85	-0.61	-0.57	-0.77	-0.27	-0.57	-0.68	-0.58	0.67	-0.87		-0.91
Capital Stock	0.78	0.8	-0.13	0.76	0.47	0.79	0.63	0.77	0.8	0.85	0.78	0.95	0.95	0.75	0.72	0.88	0.26	0.65	0.82	0.73	-0.8	0.95	-0.91

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About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Retained Earnings, 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 Reported	Projected for Next Year
	Retained Earnings	4.1 B	4.3 B

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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.

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