Fortis Inc (NYSE:FTS)
$ 57.15 +0.45 (+0.79%) Market Cap: 29.19 Bil Enterprise Value: 56.60 Bil PE Ratio: 23.18 PB Ratio: 1.82 GF Score: 73/100

Q4 2025 Fortis Inc Earnings Call Transcript

Feb 12, 2026 / 01:30PM GMT
Release Date Price: $56.09 (+2.92%)

Key Points

Positve
  • Fortis Inc (FTS) reported strong earnings growth in 2025, with an EPS increase of $0.16 compared to 2024.
  • The company invested $5.6 billion in capital, enhancing system resilience and supporting long-term customer needs.
  • Fortis Inc (FTS) achieved a 52-year track record of consecutive dividend increases, with a 4% increase in 2025.
  • The company released a climate resiliency report, showcasing its commitment to addressing climate risks.
  • Fortis Inc (FTS) maintained a strong liquidity position with nearly $4 billion available on credit facilities at the end of 2025.
Negative
  • The company faced cost and supply chain pressures, although it managed to keep controllable operating costs at or below inflation.
  • Lower earnings were reported at UNS Energy due to regulatory lag and milder weather conditions.
  • Higher holding company finance costs impacted quarterly results.
  • Fortis Inc (FTS) experienced losses associated with the disposition of investments in Belize and Turks and Caicos.
  • The company is facing regulatory challenges in Arizona, with ongoing rate case proceedings and potential objections to formula rate mechanisms.
Operator

Thank you for standing by. This is Betsy, the conference operator. Welcome to the Fortis Inc. 2025 annual results conference call. (Operator Instructions)

The conference is being recorded. I would now like to turn the conference over to Stephanie Amaimo, Vice President, Investor Relations. Please go ahead, Ms. Amaimo.

Stephanie Amaimo
Fortis Inc - Vice President - Investor Relations

Thank you, Betsy, and good morning, everyone. Welcome to Fortis' fourth quarter and annual 2025 results conference call. I'm joined by David Hutchens, President and CEO; Jocelyn Perry, Executive VP and CFO; other members of the senior management team as well as CEOs from certain subsidiaries.

Before we begin today's call, I want to remind you that the discussion will include forward-looking information, which is subject to the cautionary statement contained in the supporting slide show. Actual results can differ materially from the forecast projections included in the forward-looking information presented today.

Non-GAAP financial measures referenced in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot