Fortis Inc.
FTSUtilitiesNASDAQUtilities - Regulated Electric · Last scanned Oct 26, 2026
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Daily timeframeFortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. With a market capitalization of $29.61B, it sits in large-cap territory. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW).
Market Cap
$29.61B
Beta
0.41
P/E (TTM)
23.56
P/E (Fwd)
20.99
EPS (TTM)
$2.46
EPS (Fwd)
$2.76
ROE
7.5%
ROA
3.0%
Cash
$384.0M
Total Debt
$36.33B
Free CF
-$2.72B
52W Change
13.3%
Annual Financials
Cash vs Debt
Where FTS stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, FTS finished 1.06% below its 150-day moving average ($55.49) and 0.20% below its 200-day moving average ($55.01). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FTS overbought or oversold?
At the October 20, 2026 close, FTS's RSI(14) was 68.4, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, FTS has $384.0M in cash with $36.33B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$2.72B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 7.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.0% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $11.04B to $12.17B.
With a beta below 0.7, Fortis Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Fortis Inc. and its sector.