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 long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 how tangible is Fortis Inc's equity to evaluate the tangible quality of the company's equity base.
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 FTS company net 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 | — |