Fortis Inc (FTS) — Capital Reinvestment Ratio
Latest as of March 2026:
1.36x
Fortis Inc (FTS) has a Capital Reinvestment Ratio of 1.36x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$1.10 Billion) in capital expenditures (CA$1.50 Billion). See Fortis Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.36x
Capex / Operating Cash Flow
Operating Cash Flow
CA$1.10 Billion
CAD
Capital Expenditures
CA$1.50 Billion
CAD
Data as of
Mar 2026
Most recent filing
Fortis Inc Capital Reinvestment Ratio (1995–2025)
This chart tracks Fortis Inc's Capital Reinvestment Ratio across 30 annual periods.
Annual Capital Reinvestment Ratio for Fortis Inc (1995–2025)
Year-by-year Capital Reinvestment Ratio for Fortis Inc from 1995 to 2025. For live market cap and broader valuation context, see how much is Fortis Inc worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow