Fortis Inc (FTS) - 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. Also see FTS company net worth for the company's overall valuation and market capitalisation.
Fortis Inc - Cash Flow Conversion Efficiency Trend (1995–2025)
This chart illustrates how Fortis Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Fortis Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortis Inc ranked by their cash flow conversion efficiency. Explore how high is Fortis Inc's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Jushi Co Ltd
SHG:600176
|
0.066x |
|
Celltrion Inc
KO:068270
|
0.013x |
|
Capitec Bank Holdings Ltd
JSE:CPI
|
0.220x |
|
PetroChina Company Limited
F:PC6
|
0.065x |
|
Sampo A SDB
ST:SAMPO-SDB
|
0.002x |
|
HP Inc
NYSE:HPQ
|
-6.431x |
|
ACS A.DE C.ADR 1/5/EO-50
F:OCI
|
0.282x |
|
George Weston Limited
TO:WN
|
0.304x |
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. View FTS share price today for real-time trading data and today's change.
| 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