Fortis Inc.
FTSUtilitiesNASDAQUtilities - Regulated Electric · Last scanned Sep 7, 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 $28.23B, 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
$28.23B
Beta
0.41
P/E (TTM)
22.56
P/E (Fwd)
19.96
EPS (TTM)
$2.45
EPS (Fwd)
$2.77
ROE
7.5%
ROA
3.0%
Cash
$384.0M
Total Debt
$36.33B
Free CF
-$2.72B
52W Change
13.0%
Annual Financials
Cash vs Debt
Where FTS stands vs its 150-day and 200-day moving averages
As of the September 1, 2026 close, FTS finished 0.97% below its 150-day moving average ($55.72) and 1.47% above its 200-day moving average ($54.38). 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 September 1, 2026 close, FTS's RSI(14) was 45.3, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Fortis Inc. carries $36.33B in total debt against $384.0M in cash reserves — debt is roughly 94.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$2.72B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 7.5%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.
The relatively low beta of 0.41 suggests FTS is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FTS.