Fortis Inc Net Income
| FTS Stock | USD 57.72 0.41 0.72% |
As of the 5th of March, Fortis shows the Downside Deviation of 0.7273, coefficient of variation of 557.87, and Mean Deviation of 0.7143. Fortis Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortis Inc variance and potential upside to decide if Fortis Inc is priced favorably, providing market reflects its regular price of 57.72 per share. Given that Fortis has jensen alpha of 0.1717, we urge you to verify Fortis Inc's prevailing market performance to make sure the company can sustain itself at a future point.
Fortis Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 6.2051 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 2 B | 2.1 B | |
| Net Income From Continuing Ops | 2 B | 2.1 B | |
| Net Income Applicable To Common Shares | 1.5 B | 1.6 B | |
| Net Income Per Share | 3.57 | 3.75 | |
| Net Income Per E B T | 0.76 | 0.59 |
Fortis | Net Income | Build AI portfolio with Fortis Stock |
The evolution of Net Income for Fortis Inc provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Fortis compares to historical norms and industry peers.
Latest Fortis' Net Income Growth Pattern
Below is the plot of the Net Income of Fortis Inc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Fortis Inc financial statement analysis. It represents the amount of money remaining after all of Fortis Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Fortis' Net Income 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.
| View | Last Reported 1.96 B | 10 Years Trend |
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Net Income |
| Timeline |
Fortis Net Income Regression Statistics
| Arithmetic Mean | 1,048,646,471 | |
| Geometric Mean | 783,863,199 | |
| Coefficient Of Variation | 56.84 | |
| Mean Deviation | 512,133,149 | |
| Median | 1,166,000,000 | |
| Standard Deviation | 596,055,302 | |
| Sample Variance | 355281.9T | |
| Range | 1.9B | |
| R-Value | 0.96 | |
| Mean Square Error | 31751.8T | |
| R-Squared | 0.92 | |
| Slope | 112,983,529 | |
| Total Sum of Squares | 5684510.8T |
Fortis Net Income History
Other Fundumenentals of Fortis Inc
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Fortis Net Income component correlations
Fortis Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Fortis is extremely important. It helps to project a fair market value of Fortis Stock properly, considering its historical fundamentals such as Net Income. Since Fortis' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortis' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortis' interrelated accounts and indicators.
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Is there potential for Electric Utilities market expansion? Will Fortis introduce new products? Factors like these will boost the valuation of Fortis. Market participants price Fortis higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Fortis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Dividend Share 2.485 | Earnings Share 2.49 | Revenue Per Share | Quarterly Revenue Growth 0.044 |
The market value of Fortis Inc is measured differently than its book value, which is the value of Fortis that is recorded on the company's balance sheet. Investors also form their own opinion of Fortis' value that differs from its market value or its book value, called intrinsic value, which is Fortis' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Fortis' market value can be influenced by many factors that don't directly affect Fortis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Fortis' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Fortis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortis.
| 12/05/2025 |
| 03/05/2026 |
If you would invest 0.00 in Fortis on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Fortis Inc or generate 0.0% return on investment in Fortis over 90 days. Fortis is related to or competes with Southern, FirstEnergy, DTE Energy, Ameren Corp, PPL, CMS Energy, and American Water. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries More
Fortis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortis Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7273 | |||
| Information Ratio | 0.1305 | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.4 |
Fortis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortis' standard deviation. In reality, there are many statistical measures that can use Fortis historical prices to predict the future Fortis' volatility.| Risk Adjusted Performance | 0.1365 | |||
| Jensen Alpha | 0.1717 | |||
| Total Risk Alpha | 0.1112 | |||
| Sortino Ratio | 0.1624 | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fortis March 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1365 | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 0.7143 | |||
| Semi Deviation | 0.5744 | |||
| Downside Deviation | 0.7273 | |||
| Coefficient Of Variation | 557.87 | |||
| Standard Deviation | 0.9052 | |||
| Variance | 0.8194 | |||
| Information Ratio | 0.1305 | |||
| Jensen Alpha | 0.1717 | |||
| Total Risk Alpha | 0.1112 | |||
| Sortino Ratio | 0.1624 | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.4 | |||
| Downside Variance | 0.529 | |||
| Semi Variance | 0.3299 | |||
| Expected Short fall | (0.87) | |||
| Skewness | 0.5209 | |||
| Kurtosis | 0.6591 |
Fortis Inc Backtested Returns
Fortis appears to be very steady, given 3 months investment horizon. Fortis Inc secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortis Inc, which you can use to evaluate the volatility of the firm. Please utilize Fortis' Coefficient Of Variation of 557.87, mean deviation of 0.7143, and Downside Deviation of 0.7273 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fortis holds a performance score of 19. The firm shows a Beta (market volatility) of -0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fortis are expected to decrease at a much lower rate. During the bear market, Fortis is likely to outperform the market. Please check Fortis' potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Fortis' price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Fortis Inc has modest predictability. Overlapping area represents the amount of predictability between Fortis time series from 5th of December 2025 to 19th of January 2026 and 19th of January 2026 to 5th of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortis Inc price movement. The serial correlation of 0.55 indicates that about 55.0% of current Fortis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 3.77 |
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 |
Fortis Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Fortis Inc reported net income of 1.96 B. This is much higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is significantly 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 stocks 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 ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortis' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortis' managers, analysts, and investors.Environmental | Governance | Social |
Fortis Institutional Holders
Institutional Holdings refers to the ownership stake in Fortis that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Fortis' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fortis' value.| Shares | Norges Bank | 2025-12-31 | 6.5 M | Geode Capital Management, Llc | 2025-09-30 | 6.2 M | Legal & General Group Plc | 2025-12-31 | 6 M | The Toronto-dominion Bank | 2025-09-30 | 5.4 M | The Goldman Sachs Group Inc | 2025-09-30 | 5.2 M | Td Waterhouse Canada Inc | 2025-12-31 | 5.1 M | Jpmorgan Chase & Co | 2025-09-30 | 5 M | Bank Of Nova Scotia | 2025-09-30 | 5 M | Connor Clark & Lunn Inv Mgmt Ltd | 2025-12-31 | 4.2 M | Royal Bank Of Canada | 2025-09-30 | 37.5 M | Vanguard Group Inc | 2025-12-31 | 24.1 M |
Fortis Fundamentals
| Return On Equity | 0.0758 | ||||
| Return On Asset | 0.0301 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 55.24 B | ||||
| Shares Outstanding | 507.4 M | ||||
| Shares Owned By Insiders | 0.21 % | ||||
| Shares Owned By Institutions | 56.10 % | ||||
| Number Of Shares Shorted | 11.28 M | ||||
| Price To Earning | 19.51 X | ||||
| Price To Book | 1.78 X | ||||
| Price To Sales | 2.39 X | ||||
| Revenue | 12.17 B | ||||
| Gross Profit | 5.55 B | ||||
| EBITDA | 5.89 B | ||||
| Net Income | 1.96 B | ||||
| Cash And Equivalents | 395 M | ||||
| Cash Per Share | 0.82 X | ||||
| Total Debt | 34.63 B | ||||
| Debt To Equity | 1.27 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 31.99 X | ||||
| Cash Flow From Operations | 4.06 B | ||||
| Short Ratio | 7.43 X | ||||
| Earnings Per Share | 2.49 X | ||||
| Price To Earnings To Growth | 2.67 X | ||||
| Target Price | 57.0 | ||||
| Number Of Employees | 9.93 K | ||||
| Beta | 0.44 | ||||
| Market Capitalization | 29.08 B | ||||
| Total Asset | 74.83 B | ||||
| Retained Earnings | 4.97 B | ||||
| Working Capital | (3.71 B) | ||||
| Current Asset | 2.5 B | ||||
| Current Liabilities | 3.67 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.62 % | ||||
| Net Asset | 74.83 B | ||||
| Last Dividend Paid | 2.49 |
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.
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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.