Fortis Inc Cash Flow Quality Index

Latest as of June 2026: 2.71x

Fortis Inc cash flow quality index. Fortis Inc (FTS) has a Cash Flow Quality Index of 2.71x as of June 2026. Operating cash flow of CA$1.13 Billion exceeds net income of CA$417.00 Million, indicating high earnings quality where cash backs reported profits. Explore Fortis Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.71x
Operating CF / Net Income

Operating Cash Flow

CA$1.13 Billion
CAD

Net Income

CA$417.00 Million
CAD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of Fortis Inc (1995–2025)

Cash flow quality index of Fortis Inc from 1995 to 2025. Historical Cash Flow Quality Index for Fortis Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. See FTS net asset quality score to measure how much of total assets are equity-financed.

Fortis Inc Cash Flow Quality Index by Year (1995–2025)

Fortis Inc cash flow quality index by year from 1995 to 2025. Year-by-year earnings quality comparison for Fortis Inc. For the full cash flow conversion analysis, see Fortis Inc cash flow conversion.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 2.07x CA$4.06 Billion CA$1.96 Billion ▼ -10.4%
2024 2.31x CA$3.88 Billion CA$1.68 Billion ▲ +2.5%
2023 2.25x CA$3.54 Billion CA$1.57 Billion ▲ +2.2%
2022 2.21x CA$3.07 Billion CA$1.39 Billion ▼ -1.8%
2021 2.25x CA$2.91 Billion CA$1.29 Billion ▲ +6.0%
2020 2.12x CA$2.70 Billion CA$1.27 Billion ▲ +37.1%
2019 1.55x CA$2.66 Billion CA$1.72 Billion ▼ -30.8%
2018 2.23x CA$2.60 Billion CA$1.17 Billion ▼ -16.7%
2017 2.68x CA$2.76 Billion CA$1.03 Billion ▼ -6.1%
2016 2.85x CA$1.88 Billion CA$660.00 Million ▲ +37.4%
2015 2.08x CA$1.67 Billion CA$805.00 Million ▼ -20.8%
2014 2.63x CA$982.00 Million CA$374.00 Million ▲ +13.9%
2013 2.31x CA$899.00 Million CA$390.00 Million ▼ -14.5%
2012 2.70x CA$976.00 Million CA$362.00 Million ▲ +5.2%
2011 2.56x CA$915.00 Million CA$357.00 Million ▲ +9.6%
2010 2.34x CA$732.00 Million CA$313.00 Million ▲ +2.8%
2009 2.28x CA$637.00 Million CA$280.00 Million ▼ -11.1%
2008 2.56x CA$663.00 Million CA$259.00 Million ▲ +36.6%
2007 1.87x CA$373.00 Million CA$199.00 Million ▲ +17.8%
2006 1.59x CA$263.14 Million CA$165.38 Million ▼ -19.4%
2005 1.98x CA$303.58 Million CA$153.70 Million ▼ -25.2%
2004 2.64x CA$272.27 Million CA$103.17 Million ▲ +33.8%
2003 1.97x CA$160.63 Million CA$81.45 Million ▼ -1.0%
2002 1.99x CA$134.42 Million CA$67.48 Million ▲ +19.6%
2001 1.67x CA$94.11 Million CA$56.51 Million ▼ -33.8%
2000 2.52x CA$100.45 Million CA$39.91 Million ▼ -10.7%
1999 2.82x CA$84.68 Million CA$30.04 Million ▼ -7.1%
1998 3.03x CA$73.78 Million CA$24.32 Million ▲ +41.2%
1997 2.15x CA$64.48 Million CA$30.01 Million ▲ +24.1%
1995 1.73x CA$60.70 Million CA$35.04 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.