Fortis (TSX:FTS.PR.M.PFD) FCF Margin % : -17.47% (As of Dec. 2023)

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What is Fortis FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Fortis's Free Cash Flow for the three months ended in Dec. 2023 was C$-504.00 Mil. Fortis's Revenue for the three months ended in Dec. 2023 was C$2,885.00 Mil. Therefore, Fortis's FCF Margin % for the quarter that ended in Dec. 2023 was -17.47%.

As of today, Fortis's current FCF Yield % is -2.37%.

The historical rank and industry rank for Fortis's FCF Margin % or its related term are showing as below:

During the past 13 years, the highest FCF Margin % of Fortis was -2.59%. The lowest was -14.97%. And the median was -7.24%.

TSX:FTS.PR.M.PFD's FCF Margin % is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 3.6
* Ranked among companies with meaningful FCF Margin % only.

Fortis FCF Margin % Historical Data

The historical data trend for Fortis's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortis FCF Margin % Chart

Fortis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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-12.03

-14.97

-5.07

-7.16

-5.42

Fortis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Margin %	Get a 7-Day Free Trial															-7.73	-1.18	-1.46	-1.58	-17.47

Competitive Comparison of Fortis's FCF Margin %

For the Utilities - Regulated Electric subindustry, Fortis's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortis's FCF Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Fortis's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Fortis's FCF Margin % falls into.

Fortis FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Fortis's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-624	/	11517
	=	-5.42 %

Fortis's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-504	/	2885
	=	-17.47 %

Fortis FCF Margin % Related Terms

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Fortis (TSX:FTS.PR.M.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fortis Inc (TSX:FTS.PR.M.PFD) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

FORFF.PFD:USA FTRSF.PFD:USA FTS:USA 12F:Germany FTS.PR.K.PFD:Canada FTS.PR.J.PFD:Canada FTS.PR.I.PFD:Canada FTS.PR.H.PFD:Canada FTS.PR.G.PFD:Canada FTS.PR.F.PFD:Canada FTS:Canada

Address

5 Springdale Street, Suite 1100, Fortis Place, St. John’s, NL, CAN, A1E 0E4

Website

https://www.fortisinc.com

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 U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.

Fortis (TSX:FTS.PR.M.PFD) Headlines

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