Fortis (TSX:FTS) Beginning Cash Position: C$367 Mil (As of Mar. 2026)

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TSX:FTS Fortis Inc TSX:FTS
81 GF Score
Price C$82.14
GF Value C$64.59
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Fortis Beginning Cash Position?

Fortis TSX:FTS +1.08% 81 Beginning Cash Position is C$367 Mil as of Mar. 2026. GuruFocus rates TSX:FTS with a GF Score™ of 81/100 and a GF Value™ of C$64.59 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Fortis's Beginning Cash Position for the quarter that ended in Mar. 2026 was C$367 Mil.

Fortis's quarterly Beginning Cash Position increased from Sep. 2025 (C$221 Mil) to Dec. 2025 (C$389 Mil) but then declined from Dec. 2025 (C$389 Mil) to Mar. 2026 (C$367 Mil).

Fortis's annual Beginning Cash Position increased from Dec. 2023 (C$209 Mil) to Dec. 2024 (C$625 Mil) but then declined from Dec. 2024 (C$625 Mil) to Dec. 2025 (C$220 Mil).

Fortis Beginning Cash Position Related Terms

Fortis Beginning Cash Position Historical Data

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The historical data trend for Fortis's Beginning Cash Position 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.

Fortis Beginning Cash Position Chart

Fortis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.00 131.00 209.00 625.00 220.00

Fortis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 220.00 510.00 221.00 389.00 367.00
TSX:FTS
81GF Score
Fortis Inc TSX:FTS
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortis Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of C$367 Mil mean?
Fortis (TSX:FTS) has a Beginning Cash Position of C$367 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortis and its competitors.
Is Fortis' Beginning Cash Position too high?
Fortis' current Beginning Cash Position is C$367 Mil. Overall, Fortis has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis' Beginning Cash Position compare to NEE and SO?
Fortis' Beginning Cash Position of C$367 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Utilities - Regulated company?
A good Beginning Cash Position depends on the Utilities - Regulated industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortis and its competitors. Fortis's current Beginning Cash Position is C$367 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Based on GuruFocus' analysis, Fortis (TSX:FTS) is currently considered Modestly Overvalued. The stock's GF Value™ is C$64.59, compared to a current price of C$82.14 — trading 27.2% above its estimated fair value. The current Beginning Cash Position is C$367 Mil. Fortis' overall GF Score™ is 81/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Fortis (TSX:FTS), the current Beginning Cash Position is C$367 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortis (TSX:FTS) Overvalued in 2026?

Based on GuruFocus' analysis, Fortis stock appears to be overvalued. The current stock price of C$82.14 is trading 27.2% above its estimated GF Value™ of C$64.59. GuruFocus considers Fortis to be Modestly Overvalued.

Key valuation signals for TSX:FTS:

  • Beginning Cash Position: C$367 Mil
  • GF Value™: C$64.59 vs. price of C$82.14 (27.2% above fair value)
  • GF Score™: 81/100 with 12 warning signs

No single metric tells the full story. See the TSX:FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortis Business Description

Address 5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1B 3T2
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 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.
81GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$82.14
Price
C$64.59
GF Value