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Fortis Inc   (FTS)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


 

Fortis Inc

FTS's Financial Statements and Analysis



Fortis Inc reported in the forth quarter of 2024 net earnings per share of $2.48 an increase by 4.52 % year on year from $2.37 and an improvement compare to net loss per share of $0.00 realized in previous quarter.


forth quarter of 2024
Earnings Per Share Revenues
$ 2.48 $  8,815 Mill
$+0.11     +4.52 % $-7M     -0.08 %



Fortis Inc 's Revenue fell by -0.08 % in forth quarter of 2024 (Dec 31 2024) year on year, to $8,815 million and advanced by sequentially.


Fortis Inc is

More on FTS's Income Statement



Fortis Inc 's net income of $1,400.248 million in the forth quarter of 2024 increased by 6.9 % from net earnings of $1,309.860 million achieved in IV. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $0.000 million recorded in previous quarter.

More on FTS's Growth

Fortis Inc Inventories
Inventories grew by 21.02 % to $525 million from IV. Quarter a year ago, sequentially inventories fell by 0 %. In Dec 31 2024 company's net cash and cash equivalents decreased by $-310 million, capital expenditures fell by -3193.45425.16%, to $-3,997 millions compare to same quarter a year ago

More on FTS's Cash flow Statement


Fortis Inc does not pay out common stock dividend.

In trailing twelve-month period Fortis Inc earned $ 6.00 cash per share, on a free-cash flow basis 241.9 % of net earning per share.

Book value fell by 0.00 % sequentially to $39.95 per share.
Tangible Book value fell to $ 14.61 per share from $ 14.61.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2024.


More on FTS's Dividends

 Market Capitalization (Millions) -
 Shares Outstanding (Millions) 496
 Total Debt (Millions $) 25,517
 Revenue (TTM) (Millions $) 8,815
 Net Income (TTM) (Millions $) 1,400
 Cash Flow (TTM) (Millions $) -310
 Capital Exp. (TTM) (Millions $) -3,997
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Fortis Inc does not pay out common stock dividend.

In trailing twelve-month period Fortis Inc had $ 6.00 cash flow per share, on a free-cash flow basis 241.9 % of net earning per share.

Book value fell by 0.00 % sequentially to $39.95 per share.
Tangible Book value fell to $ 14.61 per share from $ 14.61.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2024.


More on FTS's Balance Sheets

 Market Capitalization (Millions) -
 Shares Outstanding (Millions) 496
 Total Debt (Millions $) 25,517
 Revenue (TTM) (Millions $) 8,815
 Net Income (TTM) (Millions $) 1,400
 Cash Flow (TTM) (Millions $) -310
 Capital Exp. (TTM) (Millions $) -3,997
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Earnings