Fortis Inc (FTS) — Capital Reinvestment Ratio
Fortis Inc (FTS) has a Capital Reinvestment Ratio of 1.42x as of June 2026, meaning it reinvests 1% of its operating cash flow (CA$1.13 Billion) in capital expenditures (CA$1.60 Billion). Check Fortis Inc (FTS) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Fortis Inc Capital Reinvestment Ratio (1995–2025)
This chart tracks Fortis Inc's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Fortis Inc.
Annual Capital Reinvestment Ratio for Fortis Inc (1995–2025)
Year-by-year Capital Reinvestment Ratio for Fortis Inc from 1995 to 2025. See Fortis Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.53x | CA$4.06 Billion | CA$6.23 Billion | ▲ +14.2% |
| 2024 | 1.34x | CA$3.88 Billion | CA$5.22 Billion | ▲ +14.3% |
| 2023 | 1.18x | CA$3.54 Billion | CA$4.17 Billion | ▼ -6.5% |
| 2022 | 1.26x | CA$3.07 Billion | CA$3.87 Billion | ▲ +7.9% |
| 2021 | 1.16x | CA$2.91 Billion | CA$3.39 Billion | ▼ -22.1% |
| 2020 | 1.50x | CA$2.70 Billion | CA$4.04 Billion | ▲ +7.0% |
| 2019 | 1.40x | CA$2.66 Billion | CA$3.72 Billion | ▲ +13.0% |
| 2018 | 1.24x | CA$2.60 Billion | CA$3.22 Billion | ▲ +12.6% |
| 2017 | 1.10x | CA$2.76 Billion | CA$3.02 Billion | ▲ +0.3% |
| 2016 | 1.09x | CA$1.88 Billion | CA$2.06 Billion | ▼ -18.4% |
| 2015 | 1.34x | CA$1.67 Billion | CA$2.24 Billion | ▼ -23.7% |
| 2014 | 1.76x | CA$982.00 Million | CA$1.73 Billion | ▲ +34.4% |
| 2013 | 1.31x | CA$899.00 Million | CA$1.18 Billion | ▲ +12.9% |
| 2012 | 1.16x | CA$976.00 Million | CA$1.13 Billion | ▼ -9.8% |
| 2011 | 1.28x | CA$915.00 Million | CA$1.17 Billion | ▼ -12.5% |
| 2010 | 1.47x | CA$732.00 Million | CA$1.07 Billion | ▼ -8.8% |
| 2009 | 1.61x | CA$637.00 Million | CA$1.02 Billion | ▲ +17.9% |
| 2008 | 1.36x | CA$663.00 Million | CA$904.00 Million | ▼ -36.7% |
| 2007 | 2.15x | CA$373.00 Million | CA$803.00 Million | ▲ +13.3% |
| 2006 | 1.90x | CA$263.14 Million | CA$499.99 Million | ▲ +13.4% |
| 2005 | 1.68x | CA$303.58 Million | CA$508.63 Million | ▲ +63.7% |
| 2004 | 1.02x | CA$272.27 Million | CA$278.67 Million | ▼ -20.9% |
| 2003 | 1.29x | CA$160.63 Million | CA$207.74 Million | ▼ -24.0% |
| 2002 | 1.70x | CA$134.42 Million | CA$228.83 Million | ▲ +7.2% |
| 2001 | 1.59x | CA$94.11 Million | CA$149.46 Million | ▲ +1.2% |
| 2000 | 1.57x | CA$100.45 Million | CA$157.65 Million | ▲ +99.2% |
| 1999 | 0.79x | CA$84.68 Million | CA$66.71 Million | ▼ -8.7% |
| 1998 | 0.86x | CA$73.78 Million | CA$63.64 Million | ▲ +12.0% |
| 1997 | 0.77x | CA$64.48 Million | CA$49.68 Million | ▲ +11.8% |
| 1995 | 0.69x | CA$60.70 Million | CA$41.82 Million | — |