Switch theme
Sign up to access all valuation multiples
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.
1987
9.8K+
LTM Revenue $8.7B
LTM EBITDA $4.0B
$49.9B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Fortis has a last 12-month revenue (LTM) of $8.7B and a last 12-month EBITDA of $4.0B.
In the most recent fiscal year, Fortis achieved revenue of $8.3B and an EBITDA of $4.0B.
Fortis expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Fortis valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $8.7B | XXX | $8.3B | XXX | XXX | XXX |
| Gross Profit | $6.3B | XXX | $6.0B | XXX | XXX | XXX |
| Gross Margin | 73% | XXX | 72% | XXX | XXX | XXX |
| EBITDA | $4.0B | XXX | $4.0B | XXX | XXX | XXX |
| EBITDA Margin | 46% | XXX | 48% | XXX | XXX | XXX |
| EBIT | $2.5B | XXX | $2.4B | XXX | XXX | XXX |
| EBIT Margin | 29% | XXX | 29% | XXX | XXX | XXX |
| Net Profit | $1.2B | XXX | $1.2B | XXX | XXX | XXX |
| Net Margin | 14% | XXX | 15% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $23.9B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Fortis's stock price is CAD 67 (or $48).
Fortis has current market cap of CAD 33.6B (or $24.3B), and EV of CAD 69.1B (or $49.9B).
See Fortis trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $49.9B | $24.3B | XXX | XXX | XXX | XXX | $2.41 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Fortis has market cap of $24.3B and EV of $49.9B.
Fortis's trades at 6.0x EV/Revenue multiple, and 12.6x EV/EBITDA.
Equity research analysts estimate Fortis's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Fortis has a P/E ratio of 20.2x.
See valuation multiples for Fortis and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $24.3B | XXX | $24.3B | XXX | XXX | XXX |
| EV (current) | $49.9B | XXX | $49.9B | XXX | XXX | XXX |
| EV/Revenue | 5.8x | XXX | 6.0x | XXX | XXX | XXX |
| EV/EBITDA | 12.4x | XXX | 12.6x | XXX | XXX | XXX |
| EV/EBIT | 19.7x | XXX | 21.0x | XXX | XXX | XXX |
| EV/Gross Profit | 7.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | 20.2x | XXX | 20.0x | XXX | XXX | XXX |
| EV/FCF | -487.0x | XXX | -51.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialFortis's last 12 month revenue growth is 6%
Fortis's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.4M for the same period.
Fortis's rule of 40 is 51% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Fortis's rule of X is 62% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Fortis and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 46% | XXX | 48% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | 51% | XXX | 54% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 62% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.8M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 43% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| TAQA | XXX | XXX | XXX | XXX | XXX | XXX |
| New Sources Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| AGL Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| APA Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Chrysos Corp. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Fortis acquired XXX companies to date.
Last acquisition by Fortis was XXXXXXXX, XXXXX XXXXX XXXXXX . Fortis acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Fortis founded? | Fortis was founded in 1987. |
| Where is Fortis headquartered? | Fortis is headquartered in Canada. |
| How many employees does Fortis have? | As of today, Fortis has 9.8K+ employees. |
| Who is the CEO of Fortis? | Fortis's CEO is Mr. David G. Hutchens. |
| Is Fortis publicy listed? | Yes, Fortis is a public company listed on TSE. |
| What is the stock symbol of Fortis? | Fortis trades under FTS ticker. |
| When did Fortis go public? | Fortis went public in 1969. |
| Who are competitors of Fortis? | Similar companies to Fortis include e.g. TAQA, New Sources Energy, AGL Energy, APA Group. |
| What is the current market cap of Fortis? | Fortis's current market cap is $24.3B |
| What is the current revenue of Fortis? | Fortis's last 12 months revenue is $8.7B. |
| What is the current revenue growth of Fortis? | Fortis revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Fortis? | Current revenue multiple of Fortis is 5.8x. |
| Is Fortis profitable? | Yes, Fortis is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Fortis? | Fortis's last 12 months EBITDA is $4.0B. |
| What is Fortis's EBITDA margin? | Fortis's last 12 months EBITDA margin is 46%. |
| What is the current EV/EBITDA multiple of Fortis? | Current EBITDA multiple of Fortis is 12.4x. |
| What is the current FCF of Fortis? | Fortis's last 12 months FCF is -$102M. |
| What is Fortis's FCF margin? | Fortis's last 12 months FCF margin is -1%. |
| What is the current EV/FCF multiple of Fortis? | Current FCF multiple of Fortis is -487.0x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
