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Fortis Inc. (FTS) is an utilities company in the additional US power providers industry, based in St. John's, Canada, with about 9,900 full-time employees.
It reported revenue of 12.17 billion CAD for fiscal year 2025, up 5.8% from fiscal year 2024, and net income of 1.71 billion CAD. In Q2 2026 (the quarter ended June 30, 2026) revenue was 2.93 billion CAD, up 4.1% from a year before. Its largest business segment, Regulated - UNS Energy, brought in 24% of segment revenue in fiscal year 2025; United States was the largest region with 58%. Its market capitalization was $27.24 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
Fortis reported 12.17 billion CAD in revenue for fiscal year 2025, up 5.8% from 11.51 billion CAD in fiscal year 2024. In Q2 2026 revenue was 2.93 billion CAD.
Regulated - UNS Energy, with 2.91 billion CAD or 24% of segment revenue in fiscal year 2025. Next: Regulated - ITC (21%) and Regulated - Fortis BC Energy (15%).
United States: 58% of revenue by region in fiscal year 2025, followed by Canada (38%).
$27.24 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (additional US power providers) include Vistra Corp. (VST), Xcel Energy Inc. (XEL), Public Service Enterprise Group Incorporated (PEG), FirstEnergy Corp. (FE).