Fortis Inc (FTS) — Financial Flexibility Index

Latest as of March 2026: 0.05x

Fortis Inc (FTS) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of CA$2.61 Billion (operating CF CA$1.10 Billion minus capex CA$1.50 Billion) represents 0% of total liabilities (CA$50.23 Billion). Also explore Fortis Inc net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$2.61 Billion
Operating CF − Capex

Total Liabilities

CA$50.23 Billion
CAD

Capital Expenditures

CA$1.50 Billion
CAD

Fortis Inc Financial Flexibility Index (1995–2025)

Historical Financial Flexibility Index trend for Fortis Inc across 30 annual periods. Check Fortis Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Fortis Inc (1995–2025)

Year-by-year free cash flow to debt coverage for Fortis Inc. For the full company profile including market capitalisation, see market value of Fortis Inc.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.21x CA$10.30 Billion CA$4.06 Billion CA$48.96 Billion ▲ +13.7%
2024 0.18x CA$9.10 Billion CA$3.88 Billion CA$49.21 Billion ▲ +5.7%
2023 0.17x CA$7.71 Billion CA$3.54 Billion CA$44.08 Billion ▲ +8.5%
2022 0.16x CA$6.94 Billion CA$3.07 Billion CA$43.03 Billion ▼ -2.4%
2021 0.17x CA$6.29 Billion CA$2.91 Billion CA$38.10 Billion ▼ -10.6%
2020 0.18x CA$6.74 Billion CA$2.70 Billion CA$36.49 Billion ▲ +0.4%
2019 0.18x CA$6.38 Billion CA$2.66 Billion CA$34.68 Billion ▲ +13.8%
2018 0.16x CA$5.82 Billion CA$2.60 Billion CA$35.99 Billion ▼ -9.3%
2017 0.18x CA$5.78 Billion CA$2.76 Billion CA$32.42 Billion ▲ +47.9%
2016 0.12x CA$3.94 Billion CA$1.88 Billion CA$32.72 Billion ▼ -40.8%
2015 0.20x CA$3.92 Billion CA$1.67 Billion CA$19.21 Billion ▲ +31.9%
2014 0.15x CA$2.71 Billion CA$982.00 Million CA$17.52 Billion ▼ -14.1%
2013 0.18x CA$2.07 Billion CA$899.00 Million CA$11.53 Billion ▼ -18.5%
2012 0.22x CA$2.11 Billion CA$976.00 Million CA$9.54 Billion ▼ -2.0%
2011 0.23x CA$2.09 Billion CA$915.00 Million CA$9.27 Billion ▲ +10.5%
2010 0.20x CA$1.80 Billion CA$732.00 Million CA$8.85 Billion ▲ +0.3%
2009 0.20x CA$1.66 Billion CA$637.00 Million CA$8.16 Billion ▼ -4.9%
2008 0.21x CA$1.57 Billion CA$663.00 Million CA$7.33 Billion ▲ +29.5%
2007 0.17x CA$1.18 Billion CA$373.00 Million CA$7.12 Billion ▼ -22.1%
2006 0.21x CA$763.13 Million CA$263.14 Million CA$3.60 Billion ▼ -22.5%
2005 0.27x CA$812.21 Million CA$303.58 Million CA$2.97 Billion ▲ +28.3%
2004 0.21x CA$550.94 Million CA$272.27 Million CA$2.58 Billion ▼ -16.8%
2003 0.26x CA$368.37 Million CA$160.63 Million CA$1.44 Billion ▼ -3.8%
2002 0.27x CA$363.25 Million CA$134.42 Million CA$1.36 Billion ▲ +24.7%
2001 0.21x CA$243.57 Million CA$94.11 Million CA$1.14 Billion ▼ -14.3%
2000 0.25x CA$258.11 Million CA$100.45 Million CA$1.03 Billion ▲ +43.2%
1999 0.17x CA$151.39 Million CA$84.68 Million CA$869.36 Million ▼ -12.6%
1998 0.20x CA$137.42 Million CA$73.78 Million CA$690.09 Million ▲ +19.0%
1997 0.17x CA$114.17 Million CA$64.48 Million CA$682.42 Million ▼ -1.7%
1995 0.17x CA$102.52 Million CA$60.70 Million CA$602.72 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities