Fortis Inc Stock Net Income
| FORFF Stock | USD 17.34 0.00 0.00% |
Fundamental analysis of Fortis allows traders to better anticipate movements in Fortis' stock price by examining its financial health and performance throughout various phases of its business cycle.
Fortis |
Fortis Inc Company Net Income Analysis
Fortis' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Fortis Net Income | 1.39 B |
Most of Fortis' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortis Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Fortis Inc reported net income of 1.39 B. This is much higher than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The net income for all United States stocks is 144.14% lower than that of the firm.
Fortis Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortis' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Fortis could also be used in its relative valuation, which is a method of valuing Fortis by comparing valuation metrics of similar companies.Fortis is currently under evaluation in net income category among its peers.
Fortis Fundamentals
| Return On Equity | 0.0692 | |||
| Return On Asset | 0.029 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 37.48 B | |||
| Shares Owned By Institutions | 8.64 % | |||
| Price To Earning | 6.96 X | |||
| Revenue | 11.04 B | |||
| Gross Profit | 4.41 B | |||
| EBITDA | 4.57 B | |||
| Net Income | 1.39 B | |||
| Cash And Equivalents | 338 M | |||
| Cash Per Share | 0.71 X | |||
| Total Debt | 25.93 B | |||
| Debt To Equity | 1.24 % | |||
| Current Ratio | 0.64 X | |||
| Book Value Per Share | 40.25 X | |||
| Cash Flow From Operations | 3.07 B | |||
| Earnings Per Share | 1.97 X | |||
| Number Of Employees | 10 | |||
| Beta | 0.17 | |||
| Total Asset | 64.25 B | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 64.25 B | |||
| Last Dividend Paid | 2.17 |
About Fortis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortis Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortis Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Additional Information and Resources on Investing in Fortis Pink Sheet
When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortis' future performance. For an informed investment choice regarding Fortis Pink Sheet, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.