Company logo

FTS - Fortis Inc.

TSX -> Utilities -> Utilities—Regulated Electric
Saint John's, Canada
Type: Equity

FTS price evolution
FTS
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $765 $690 $576
Short term investments
Net receivables $1818 $1648 $1580 $1876
Inventory $566 $588 $534 $569
Total current assets $4025 $4522 $4257 $4161
Long term investments $127
Property, plant & equipment $43385 $43220 $41777 $42194
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $65920 $66285 $64081 $64630
Current liabilities
Accounts payable $2972 $2875 $2432 $2958
Deferred revenue
Short long term debt $2852 $2364 $2723
Total current liabilities $5964 $6368 $5414 $6150
Long term debt $27574 $27512 $27143 $26810
Total noncurrent liabilities
Total debt
Total liabilities $44415 $42739 $40904 $41547
Shareholders' equity
Retained earnings $4112 $4020 $4190 $3896
Other shareholder equity $653 $2900 $2467 $2783
Total shareholder equity $23546 $23177 $23083
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 31 Dec 2020
Current assets
Cash $209 $131 $249
Short term investments
Net receivables $1818 $2339 $1511 $1369
Inventory $566 $661 $478 $422
Total current assets $4025 $4269 $2728 $2612
Long term investments $316 $178 $158
Property, plant & equipment $43573 $41838 $37983 $162
Goodwill & intangible assets
Total noncurrent assets $39466.71
Total investments
Total assets $65920 $64252 $57659 $55481
Current liabilities
Accounts payable $990 $886 $774 $707
Deferred revenue
Short long term debt $2745 $1887 $1386
Total current liabilities $5964 $6617 $4802 $4148
Long term debt $27574 $26267 $24040 $23444
Total noncurrent liabilities $23178.08
Total debt
Total liabilities $44415 $43222 $38371 $36784
Shareholders' equity
Retained earnings $4112 $3733 $3458 $3210
Other shareholder equity $653 $1008 -$40 $34
Total shareholder equity $22842 $20916 $18697
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 1 May 2023
Revenue
Total revenue $2719 $2594 $3319
Cost of revenue $1455 $1500
Gross Profit $1264 $1094 $2007
Operating activities
Research & development
Selling, general & administrative -$15 -$16
Total operating expenses $1883 $1924 $1177
Operating income $836 $670
Income from continuing operations
EBIT
Income tax expense $92 $49 $100
Interest expense -$331 -$323 -$290
Net income
Net income $411 $311 $437
Income (for common shares) $394 $294
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 30 Jan 2021
Revenue
Total revenue $11517 $11043 $9448 $6669.98
Cost of revenue
Gross Profit $7746 $7091 $6497 $2938.22
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $4662 $4351 $4028 $1066.76
Operating income $1872.22
Income from continuing operations
EBIT
Income tax expense $360 $289 $234 $172.44
Interest expense -$1220 -$1108 -$961 $777.85
Net income
Net income $1506 $1330 $1231 $951.04
Income (for common shares)
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $411 $311 $453
Operating activities
Depreciation $406 $402 $398
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $940 $944 $915
Investing activities
Capital expenditures -$952 -$938 -$907
Investments
Total cash flows from investing -$3742 -$1040 -$1013 -$941
Financing activities
Dividends paid -$768 -$192 -$189 -$186
Sale and purchase of stock $6 $14 $14
Net borrowings $346 $381 $575
Total cash flows from financing $613 $150 $209 $388
Effect of exchange rate -$3 $5
Change in cash and equivalents $416 $75 $114 $367
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $1394 $1294 $1389
Operating activities
Depreciation $1523 $1369 $1282
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $3074 $2907 $2701
Investing activities
Capital expenditures -$3587 -$3189 -$4039
Investments
Total cash flows from investing -$3742 -$4059 -$3488 -$4132
Financing activities
Dividends paid -$768 -$737 -$671 -$851
Sale and purchase of stock $53 $60 $58
Net borrowings $1790 $1138 $2155
Total cash flows from financing $613 $1035 $451 $1327
Effect of exchange rate -$9 -$11 -$17
Change in cash and equivalents $416 $78 -$118 -$121
Fundamentals
Market cap $26.26B
Enterprise value N/A
Shares outstanding 490.60M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 0.67
Quick ratio 0.58