Fortis Inc (FTS) — Cash Flow Quality Index
Fortis Inc (FTS) has a Cash Flow Quality Index of 2.11x as of March 2026. Operating cash flow of CA$1.10 Billion exceeds net income of CA$523.00 Million, indicating high earnings quality where cash backs reported profits. Explore Fortis Inc cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Fortis Inc Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for Fortis Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Fortis Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Fortis Inc (1995–2025)
Year-by-year earnings quality comparison for Fortis Inc. For live market cap and the full company financial profile, see how much is Fortis Inc worth.
| 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 | — |