Fortis Inc Cash Flow Conversion Efficiency
Fortis Inc cash flow conversion efficiency. Based on the latest financial reports, Fortis Inc (FTS) has a cash flow conversion efficiency ratio of 0.041x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$1.13 Billion ≈ $816.70 Million USD) by net assets (CA$27.46 Billion ≈ $19.87 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Fortis Inc (1995–2025)
Cash flow conversion efficiency of Fortis Inc from 1995 to 2025. This chart illustrates how Fortis Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View FTS share price today for real-time trading data and today's change.
Fortis Inc Cash Flow Conversion Ratio Explained
Fortis Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Fortis Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortis Inc ranked by their cash flow conversion efficiency. Also see Fortis Inc stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
0.118x |
|
Asia Vital Components Co Ltd
TW:3017
|
0.208x |
|
Taishin Financial Holding Co Ltd
TW:2887
|
-0.138x |
|
KB Financial Group Inc
F:KBIA
|
0.122x |
|
Advanced Info Service Public Company Limited
BK:ADVANC
|
0.374x |
|
Martin Marietta Materials Inc
NYSE:MLM
|
0.010x |
|
EQT Corporation
NYSE:EQT
|
0.036x |
|
Vestas Wind Systems A/S
CO:VWS
|
-0.074x |
Annual Cash Flow Conversion Efficiency for Fortis Inc (1995–2025)
The table below shows the annual cash flow conversion efficiency of Fortis Inc from 1995 to 2025. Review cash generation quality of Fortis Inc to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$25.87 Billion ≈ $18.71 Billion |
CA$4.06 Billion ≈ $2.94 Billion |
0.157x | +4.57% |
| 2024-12-31 | CA$25.85 Billion ≈ $18.70 Billion |
CA$3.88 Billion ≈ $2.81 Billion |
0.150x | -1.17% |
| 2023-12-31 | CA$23.33 Billion ≈ $16.88 Billion |
CA$3.54 Billion ≈ $2.56 Billion |
0.152x | +12.90% |
| 2022-12-31 | CA$22.84 Billion ≈ $16.52 Billion |
CA$3.07 Billion ≈ $2.22 Billion |
0.135x | -3.17% |
| 2021-12-31 | CA$20.92 Billion ≈ $15.13 Billion |
CA$2.91 Billion ≈ $2.10 Billion |
0.139x | +4.37% |
| 2020-12-31 | CA$20.28 Billion ≈ $14.67 Billion |
CA$2.70 Billion ≈ $1.95 Billion |
0.133x | +0.57% |
| 2019-12-31 | CA$20.11 Billion ≈ $14.55 Billion |
CA$2.66 Billion ≈ $1.93 Billion |
0.132x | -6.16% |
| 2018-12-31 | CA$18.46 Billion ≈ $13.35 Billion |
CA$2.60 Billion ≈ $1.88 Billion |
0.141x | -14.25% |
| 2017-12-31 | CA$16.75 Billion ≈ $12.12 Billion |
CA$2.76 Billion ≈ $1.99 Billion |
0.165x | +43.67% |
| 2016-12-31 | CA$16.45 Billion ≈ $11.90 Billion |
CA$1.88 Billion ≈ $1.36 Billion |
0.115x | -29.13% |
| 2015-12-31 | CA$10.35 Billion ≈ $7.49 Billion |
CA$1.67 Billion ≈ $1.21 Billion |
0.162x | +49.94% |
| 2014-12-31 | CA$9.11 Billion ≈ $6.59 Billion |
CA$982.00 Million ≈ $710.36 Million |
0.108x | -23.57% |
| 2013-12-31 | CA$6.38 Billion ≈ $4.61 Billion |
CA$899.00 Million ≈ $650.32 Million |
0.141x | -21.84% |
| 2012-12-31 | CA$5.41 Billion ≈ $3.91 Billion |
CA$976.00 Million ≈ $706.02 Million |
0.180x | -2.54% |
| 2011-12-31 | CA$4.94 Billion ≈ $3.58 Billion |
CA$915.00 Million ≈ $661.90 Million |
0.185x | +2.52% |
| 2010-12-31 | CA$4.05 Billion ≈ $2.93 Billion |
CA$732.00 Million ≈ $529.52 Million |
0.181x | +12.76% |
| 2009-12-31 | CA$3.98 Billion ≈ $2.88 Billion |
CA$637.00 Million ≈ $460.80 Million |
0.160x | -6.96% |
| 2008-12-31 | CA$3.85 Billion ≈ $2.79 Billion |
CA$663.00 Million ≈ $479.60 Million |
0.172x | +45.45% |
| 2007-12-31 | CA$3.15 Billion ≈ $2.28 Billion |
CA$373.00 Million ≈ $269.82 Million |
0.118x | -17.21% |
| 2006-12-31 | CA$1.84 Billion ≈ $1.33 Billion |
CA$263.14 Million ≈ $190.35 Million |
0.143x | -26.03% |
| 2005-12-31 | CA$1.57 Billion ≈ $1.14 Billion |
CA$303.58 Million ≈ $219.61 Million |
0.193x | -3.78% |
| 2004-12-31 | CA$1.36 Billion ≈ $980.61 Million |
CA$272.27 Million ≈ $196.95 Million |
0.201x | -3.17% |
| 2003-12-31 | CA$774.43 Million ≈ $560.21 Million |
CA$160.63 Million ≈ $116.20 Million |
0.207x | -3.65% |
| 2002-12-31 | CA$624.41 Million ≈ $451.69 Million |
CA$134.42 Million ≈ $97.24 Million |
0.215x | +10.95% |
| 2001-12-31 | CA$485.06 Million ≈ $350.89 Million |
CA$94.11 Million ≈ $68.08 Million |
0.194x | -14.31% |
| 2000-12-31 | CA$443.64 Million ≈ $320.92 Million |
CA$100.45 Million ≈ $72.67 Million |
0.226x | +0.07% |
| 1999-12-31 | CA$374.25 Million ≈ $270.72 Million |
CA$84.68 Million ≈ $61.26 Million |
0.226x | +6.45% |
| 1998-12-31 | CA$347.11 Million ≈ $251.09 Million |
CA$73.78 Million ≈ $53.37 Million |
0.213x | +10.42% |
| 1997-12-31 | CA$334.97 Million ≈ $242.31 Million |
CA$64.48 Million ≈ $46.65 Million |
0.193x | -0.52% |
| 1995-12-31 | CA$313.69 Million ≈ $226.92 Million |
CA$60.70 Million ≈ $43.91 Million |
0.194x | -- |
About Fortis Inc
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW… Read more