Current and historical daily PE Ratio for Fortis Inc (
) from 2015 to Jun 28 2025. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Fortis stock (TSX:FTS.PR.I.PFD) PE ratio as of Jun 28 2025 is 19.53.
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Fortis Inc (TSX:FTS.PR.I.PFD) PE Ratio (TTM) Chart
Fortis Inc (TSX:FTS.PR.I.PFD) PE Ratio (TTM) Historical Data
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Fortis Inc (TSX:FTS.PR.I.PFD) PE Ratio (TTM) Comparison
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Business Description
Business Description
Fortis Inc
NAICS : 221111
SIC : 4911
ISIN : CA3495538181
Share Class Description:
TSX:FTS.PR.I.PFD: Pfd Shs Series -I- Fltg RtCompare
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Traded in other countries / regions
FTS.CanadaFTS.USAFTS.Mexico12F.Germany IPO Date
2015-06-02Description
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
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