Fortis Inc Market Cap ($30.04 Billion)
Market Cap & Net Worth: Fortis Inc (FTS)
Fortis Inc market cap. Fortis Inc (TO:FTS) has a market capitalization of $30.04 Billion (CA$41.53 Billion) as of October 31, 2026. Listed on the TO stock exchange, this Canada-based company holds position #884 globally and #37 in its home market, demonstrating a 3.36% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Fortis Inc's stock price CA$81.29 by its total outstanding shares 510900000 (510.90 Million).
Fortis Inc Market Cap History (2015–2026)
Fortis Inc market cap history from 2015 to 2026. Data shows growth from $9.80 Billion to $30.04 Billion (10.41% CAGR). Check Fortis Inc (FTS) share price today for real-time trading data and today's change.
Index Memberships
Fortis Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.94 Trillion | 0.76% | #37 of 225 |
Weight: Fortis Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Fortis Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Fortis Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Also see cash efficiency ratio of Fortis Inc for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
2.17x
Fortis Inc's market cap is 2.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
14.66x
Fortis Inc's market cap is 14.66 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $11.29 Billion | $6.84 Billion | $660.00 Million | 1.65x | 17.10x |
| 2017 | $13.01 Billion | $8.30 Billion | $1.03 Billion | 1.57x | 12.66x |
| 2018 | $13.37 Billion | $8.39 Billion | $1.17 Billion | 1.59x | 11.47x |
| 2019 | $16.41 Billion | $8.78 Billion | $1.72 Billion | 1.87x | 9.53x |
| 2020 | $16.42 Billion | $8.94 Billion | $1.27 Billion | 1.84x | 12.89x |
| 2021 | $20.01 Billion | $9.45 Billion | $1.29 Billion | 2.12x | 15.46x |
| 2022 | $18.44 Billion | $11.04 Billion | $1.39 Billion | 1.67x | 13.23x |
| 2023 | $19.32 Billion | $11.52 Billion | $1.57 Billion | 1.68x | 12.28x |
| 2024 | $22.07 Billion | $11.51 Billion | $1.68 Billion | 1.92x | 13.14x |
| 2025 | $26.37 Billion | $12.17 Billion | $1.80 Billion | 2.17x | 14.66x |
Competitor Companies of FTS by Market Capitalization
Companies near Fortis Inc in the global market cap rankings as of October 31, 2026. See Fortis Inc net asset quality index to understand what proportion of total assets are financed by equity.
Key companies related to Fortis Inc by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #131 globally with a market cap of $171.07 Billion USD.
- Southern Company (NYSE:SO): Ranked #263 globally with a market cap of $97.89 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #264 globally with a market cap of $97.35 Billion USD.
- National Grid PLC ADR (NYSE:NGG): Ranked #312 globally with a market cap of $86.46 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #131 | Nextera Energy Inc | NYSE:NEE | $171.07 Billion | $82.14 |
| #263 | Southern Company | NYSE:SO | $97.89 Billion | $92.99 |
| #264 | Duke Energy Corporation | NYSE:DUK | $97.35 Billion | $125.90 |
| #312 | National Grid PLC ADR | NYSE:NGG | $86.46 Billion | $86.96 |
Market Capitalization of Fortis Inc (2015–2026)
Market capitalization of Fortis Inc from 2015 to today. Between 2015 and today, Fortis Inc's market cap moved from $9.80 Billion to $ 30.04 Billion, with a yearly change of 10.41%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$30.04 Billion | +13.92% |
| 2025 | CA$26.37 Billion | +19.47% |
| 2024 | CA$22.07 Billion | +14.25% |
| 2023 | CA$19.32 Billion | +4.79% |
| 2022 | CA$18.44 Billion | -7.83% |
| 2021 | CA$20.01 Billion | +21.85% |
| 2020 | CA$16.42 Billion | +0.06% |
| 2019 | CA$16.41 Billion | +22.70% |
| 2018 | CA$13.37 Billion | +2.74% |
| 2017 | CA$13.01 Billion | +15.29% |
| 2016 | CA$11.29 Billion | +15.17% |
| 2015 | CA$9.80 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 30th, 2026 the market cap of Fortis Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $30.04 Billion USD |
| MoneyControl | $30.04 Billion USD |
| MarketWatch | $30.04 Billion USD |
| marketcap.company | $30.04 Billion USD |
| Reuters | $30.04 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Fortis Inc
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW… Read more