Fortis Inc (FTS) — Financial Flexibility Index
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). Check FTS strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Fortis Inc Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for Fortis Inc across 30 annual periods. See Fortis Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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 cap 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 | — |