Fortis

Fortis

World Rank (Aug-2026)
911
Market Cap (Aug-2026)
28.080 Billion USD
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
Top Energy Companies in Canada
Top Utilities Companies in Canada
Top Electricity Generation Companies in 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
8,790 Million USD
Annual Operating Income in USD
2,522 Million USD
Annual Net Income in USD
1,299 Million USD
Annual Results for Period Ending
For year ending December-2025
Total Assets in USD
54,046 Million USD
Total Liabilities in USD
35,362 Million USD
Total Equity in USD
18,684 Million USD
Balance Sheet for Period Ending
As of December-2025
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:

YearTotal Annual Revenue (CAD mm)Gross Profit (CAD mm)Operating Profit (CAD mm)Net Income (CAD mm)
202512,1705,5493,4921,714
202411,5085,2193,2921,606
202311,5174,8573,0841,506
202211,0434,4082,7401,330
20219,4483,9742,4691,231
20208,9353,9362,5081,209
20198,7833,8113,0381,655
20188,3903,6082,3651,100
20178,3013,6792,500963
20166,8382,4661,483585
Balance Sheet Summary

Fortis - Balance Sheet Summary - in Million CAD:

YearTotal Assets (CAD mm)Total Liabilities (CAD mm)Total Equity (CAD mm)
202574,83048,96125,869
202473,48647,63325,853
202365,92042,58823,332
202264,25241,41022,842
202157,65936,74320,916
202055,48135,19720,284
201953,40433,29120,113
201853,05134,59518,456
201747,82231,07316,749
201647,90431,45416,450
Founded Year
1987
IPO Year
2016
Stock Category
TSX 60
Stock Exchange
NYSE
TSX Canada

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