Fortis

World Rank (Jul-30-2023)
903
Market Cap (Jul-30-2023)
20.500 Billion USD
World Rank (Dec-25-2022)
861
Market Cap (Dec-25-2022)
19.463 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
Company Rank in Canada in July-2023 is 37
Annual Revenue in USD
8,335 Million USD
Annual Net Income in USD
1,004 Million USD
Total Assets in USD
48,496 Million USD
Total Liabilities in USD
31,255 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters Country
Canada
Company Business
Utilities
Electricity Generation
Power Generation
Electric Utilities
Energy
Stock Category
TSX 60
Stock Exchange
NYSE
TSX
Company Rank in Country in 2022
Company Rank in Canada in 2022 is 35
Rank in Country (Jan-2021)
Company Rank in Canada in 2021 is 30
Rank in Country (Jan-2020)
Rank in Canada in 2020 is 33
Number of Employees
9,200
Employee Count as on Date
As on 2022
Chairman
Ravi Rajagopal
CEO:
Ashutosh Raghuvanshi
Yahoo
Yahoo @ Toronto
Wikipedia
Wikipedia
Company Website:
FORTIS INC
About Company Business:

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

IPO Year
2016
Founded Year
1987
Annual Results Summary:

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

Year - Ending Revenue Net Income
Dec-2022 11,043 1,330
Dec-2021 9,448 1,231
Dec-2020 8,935 1,209
Dec-2019 8,783 1,722
Dec-2018 8,390 1,166
Dec-2017 8,301 1,028
Dec-2016 6,838 660
Balance Sheet Summary

Fortis - Balance Sheet Summary - in Million CAD:

Total Assets as on December-2022 is 64,252 Million CAD.

Total Liabilities as on December-2022 is 41,410 Million CAD.

Total Equity as on December-2022 is 22,842 Million CAD.

Quarterly Results Summary:

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

Year-Ending Revenue Operating Income Net Income
Sep-2023 2,719 821 394
Jun-2023 2,594 654 294
Mar-2023 3,319 830 437
Dec-2022 3,168 753 370

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