Companies: 48,874 Total Market Cap: 132104787226985.81

Fortis

TSX-FTS
Utilities Utilities - Regulated Electric
Rank #892
Market Cap 23.70 B
Volume 2.85 M
Price 47.26
Change (%) 0.75%
Country or region Canada Canada

Fortis's latest marketcap:

23.70 B

As of 05/19/2025, Fortis's market capitalization has reached $23.70 B. According to our data, Fortis is the 892th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap 23.70 B
Revenue (ttm) 8.41 B
Net Income (ttm) 1.18 B
Shares Out 501.59 M
EPS (ttm) 2.37
Forward PE 19.14
Ex-Dividend Date 05/16/2025
Earnings Date 05/02/2025
Market Cap Chart
Data Updated: 05/19/2025

Fortis's yearly market capitalization.

Fortis has seen its market value grow from C$24.27 B to C$33.06 B since 2020, representing a total increase of 36.19% and an annual compound growth rate (CAGR) of 7.30%.
Date Market Cap Change (%)
05/19/2025 C$33.06 B 12.54%
12/31/2024 C$29.82 B 12%
12/29/2023 C$26.63 B 2.32%
12/30/2022 C$26.02 B -9.83%
12/31/2021 C$28.86 B 18.9%
12/31/2020 C$24.27 B

Company Profile

About Fortis Inc.

Fortis Inc. is a leading electric and gas utility company serving customers across Canada, the United States, and the Caribbean. With a history dating back to 1885, the company is headquartered in Saint John's, Canada.

Operations & Services

Fortis Inc. provides a wide range of energy solutions, including electricity generation, transmission, and distribution, as well as natural gas distribution. Key operations include:

  • Electricity Distribution: Serves approximately 452,000 retail customers in southeastern Arizona, including Tucson, and 105,000 customers in the same region with a capacity of 3,442 MW.
  • Wholesale Electricity: Sells power to entities in the western U.S. and owns 43 MW of gas-fired and hydroelectric capacity.
  • Natural Gas Distribution: Supplies natural gas to around 1,000,000 residential, commercial, and industrial customers in British Columbia, Canada.
  • Hydroelectric Facilities: Owns and operates four hydroelectric plants with a combined capacity of 225 MW.
  • Caribbean Operations: Distributes electricity to customers in the Cayman Islands and Turks and Caicos.

Infrastructure

Fortis Inc. maintains an extensive energy infrastructure, including:

  • 91,100 circuit kilometers of distribution lines.
  • 51,700 kilometers of natural gas pipelines.

With a strong commitment to reliable energy delivery, Fortis Inc. continues to be a trusted utility provider across North America and the Caribbean.

Frequently Asked Questions

As of 05/19/2025, Fortis (including the parent company, if applicable) has an estimated market capitalization of $23.70 B USD. This figure represents the total market value of its outstanding shares, including different share classes. Please note that market capitalization fluctuates based on market conditions, and the actual valuation may differ from the latest estimate.

Fortis global market capitalization ranking is approximately 892 as of 05/19/2025. This ranking is relative to all publicly traded companies worldwide and can fluctuate based on market dynamics and the performance of other companies. You can refer to our Global companies market cap ranking for the most up-to-date ranking.

Stock Detail

Country or region Canada
Founded 1885
IPO Date n/a
Employees 9,848
CEO David Hutchens
Sector Utilities
Industry Utilities - Regulated Electric
Address Fortis Place
Saint John's, Newfoundland and Labrador A1E 0E4
Canada
Website https://www.fortisinc.com