Financials

  • Market Capitalization 28.98 B
  • Employee 9 900
  • Founded 1987
  • CEO N/A
  • Website www.fortisinc.com
  • Headquarter Newfoundland, Canada
  • FIGI BBG000K9SSS5
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
15.28
Price to sales ratio
Dividends per share
2.51
Dividend yield %
4.83

Fortis Inc

Fortis Inc. is a Canadian electric utility holding company, based in St. John's, Newfoundland and Labrador. It operates in Canada, the United States, Central America and the Caribbean. In 2015, revenue was CA$6.7 billion. Fortis was formed in 1987, when shareholders of the regulated transmission and distribution utility Newfoundland Light & Power Co. voted to form a separate holding company. NL&P shares were exchanged for Fortis shares on a one-to-one basis, with the regulated NL&P becoming a 100% owned subsidiary.

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