NYSE · ELECTRIC SERVICES
Fortis Inc. FTS
11 fiscal years on record · CAD · FY2025 reported
SEC FILINGS ONLY10 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
CAD 11.9B
▲ 5.8% vs FY2024
Dividend streak
10 yrs
Raised every year since 2016
EPS · FY25
CAD 3.40
Dividend / sh · FY25
CAD 2.51
Payout · FY25
40%
ROE · FY25
8.2%
Net margin · FY25
16.5%
Dividend coverage
1.4×
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Result
CAD 11.9B
Revenue, FY2025 · full 11-year series below
Revenue
Net income
16 cents of every revenue dollar became profit this year.
Per share
CAD 3.40
Diluted EPS, FY2025
EPS
Dividend
Earnings covered the dividend 1.4 times — the rest stayed in the company.
Profitability
8.2%
Return on equity, FY2025
ROE
Operating margin29.3%
Net margin16.5%
Return on assets2.6%
Each CAD of equity produced 8 cents of profit this year.
Returned to shareholders
CAD 788.0M
returned in FY2025 · dividends + net buybacks
Dividends paidCAD 788.0M
Net buybacks—
Share of profit40.2%
Consecutive raises10 years
CAD 788.0M in dividends — 40% of the year's profit went back to shareholders.
Growth
+6.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+2.9%
+6.4%
+5.8%
Net income
+9.0%
+7.1%
+8.8%
EPS, diluted
+6.9%
+5.5%
+2.8%
Dividend / share
+4.5%
+5.0%
+5.8%
Returned to shareholders
+5.4%
+0.1%
+13.0%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
0.51B
Shares outstanding, FY2025
Change, 5 years+8.7%
Change, 10 years+80.1%
The share count grew 9% in five years — the same company, cut into more, smaller slices.
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Balance sheet
CAD 74.8B
total assets, end of FY2025
Total assetsCAD 74.8B
EquityCAD 23.8B
CashCAD 367.0M
Gross debtCAD 33.9B
Net debtCAD 33.5B
Current ratio0.51×
Net debt stands at 141% of equity.
History
11 fiscal years
Every figure from documents filed with the SEC · CAD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue CAD B
11.9
11.2
11.2
10.9
9.3
8.7
8.6
8.3
8.2
6.8
6.8
Operating income CAD B
3.5
3.3
3.1
2.7
2.5
2.5
3.0
2.4
2.5
1.5
1.4
EBITDA CAD B
5.5
5.2
4.9
4.4
4.0
3.9
4.4
3.6
3.7
2.5
2.3
Income tax CAD B
0.4
0.3
0.4
0.3
0.2
0.2
0.3
0.2
0.6
0.1
0.2
Net income CAD B
2.0
1.8
1.7
1.5
1.4
1.4
1.9
1.3
1.1
0.7
0.8
EPS, diluted CAD
3.40
3.24
3.10
2.78
2.61
2.60
3.78
2.59
2.31
1.89
2.59
Dividend / sh CAD
2.51
2.41
2.31
2.20
2.08
1.97
1.85
1.75
1.65
1.55
1.43
Payout %
40
41
41
44
43
57
27
36
37
44
28
ROE %
8.2
8.1
8.0
7.5
7.4
7.5
10.6
8.2
7.6
5.8
8.5
Shares out B
0.51
0.50
0.49
0.48
0.47
0.47
0.46
0.43
0.42
0.40
0.28
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
33 of 33
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed