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Published on 24 Nov 2022 on Simply Wall St. via Yahoo Finance

Read This Before Judging Fortis Inc.'s (TSE:FTS) ROE


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Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Fortis Inc. (TSE:FTS).

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

View our latest analysis for Fortis

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