Fortis

Fortis

World Rank (Jan-05-2024)
905
Market Cap (Jan-05-2024)
20.209 Billion USD
World Rank (Jul-30-2023)
903
Market Cap (Jul-30-2023)
20.500 Billion USD
World Rank (Jan-07-2022)
951
Market Cap (Jan-07-2022)
22.006 Billion USD
World Rank (Jan-01-2021)
949
Market Cap (Jan-01-2021)
19.059 Billion USD
Company Rank in Country in 2023
Rank in Canada in July-2023 is 37
Headquarters Country
Canada
Nasdaq / NYSE Code
FTS
CEO
Ashutosh Raghuvanshi
Chairman
Ravi Rajagopal
Employee Count
9,200
Employee Count as of Date
As on 2022
World Region
Americas
World Subregion
Northern America
Annual Revenue in USD
8,335 Million USD
Annual Operating Income in USD
2,068 Million USD
Annual Net Income in USD
1,004 Million USD
Annual Results for Period Ending
Dec-2022 ending year
Total Assets in USD
48,496 Million USD
Total Liabilities in USD
31,255 Million USD
Total Equity in USD
17,241 Million USD
Balance Sheet for Period Ending
Dec-2022 ending year
Business Sector
Utilities
Electricity Generation
Power Generation
Electric Utilities
Energy
Company Website
FORTIS INC
Wikipedia
Wikipedia
Yahoo
Yahoo @ Toronto
Company Profile

Fortis is Electricity Generation and Electricity Distribution (Electric Utility) company with headquarters is in Canada.

Facts About Company

For year ending Dec-2022, Fortis annual revenue was 11,043 million CAD and annual net income was 1,330 million CAD.

For year ending Dec-2021, Fortis annual revenue was 9,448 million CAD and annual net income was 1,231 million CAD.

As on 2022, Fortis had 9,200 employees.

Annual Results Summary

Fortis - Annual Results - Revenue and Net Income - in Million CAD:

Year - EndingRevenueNet Income
Dec-202411,5081,606
Dec-202311,5171,506
Dec-202211,0431,330
Dec-20219,4481,231
Dec-20208,9351,209
Dec-20198,7831,722
Dec-20188,3901,166
Dec-20178,3011,028
Dec-20166,838660
Balance Sheet Summary

Fortis - Balance Sheet Summary - in Million CAD:

Total Assets as on December-2024 is 73,486 Million CAD.

Total Liabilities as on December-2024 is 47,633 Million CAD.

Total Equity as on December-2024 is 25,853 Million CAD.

Founded Year
1987
IPO Year
2016
Stock Category
TSX 60
Stock Exchange
NYSE
TSX Canada
Company SubCategory
Top Energy Companies in Canada
Top Utilities Companies in Canada
Top Electricity Generation Companies in Canada

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