Headquartered in St. John's, NF Fiscal year ends December NYSE: FTS fortisinc.com
Fortis Inc. (TSX/NYSE: FTS) is a diversified North American regulated electric and gas utility holding company with 2025 revenue of $12 billion and total assets of $77 billion as at March 31, 2026. The Corporation's 9,900 employees serve approximately 3.5 million utility customers across five Canadian provinces, ten U.S. states, and the Cayman Islands. Fortis operates through several regulated utility subsidiaries: ITC (80.1%-owned electric transmission operations in Michigan, Iowa, Minnesota, and other Midwest states), UNS Energy (including Tucson Electric Power, UNS Electric, and UNS Gas in Arizona), Central Hudson (gas and electric utility in New York), FortisBC Energy (natural gas distribution in British Columbia), FortisAlberta (electricity distribution in Alberta), FortisBC Electric (electricity distribution in British Columbia), and Other Electric (eastern Canadian utilities including Newfoundland Power, Maritime Electric, FortisOntario, and Caribbean Utilities in the Cayman Islands). The Corporation pursues a low-risk capital investment strategy focused on regulated rate base growth, with a $28.8 billion five-year capital plan (2026-2030) targeting 7% compound annual rate base growth. Fortis has increased its common share dividend for 52 consecutive years. Updated
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Fortis Inc. (TSX/NYSE: FTS) is a diversified North American regulated electric and gas utility holding company with 2025 revenue of $12 billion and total assets of $77 billion as at March 31, 2026.
24/7 Wall St.'s 12-month price target for FTS is $62.47, rated Buy. The Wall Street consensus target is $53.00. FTS price prediction →
