Fortis Inc. CUM RD 5Y SR G
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
Fortis Inc. CUM RD 5Y SR G (FTRSF) - Net Assets
Latest net assets as of December 2025: $25.87 Billion USD
Based on the latest financial reports, Fortis Inc. CUM RD 5Y SR G (FTRSF) has net assets worth $25.87 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.83 Billion) and total liabilities ($48.96 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $25.87 Billion |
| % of Total Assets | 34.57% |
| Annual Growth Rate | 15.84% |
| 5-Year Change | 23.68% |
| 10-Year Change | 57.26% |
| Growth Volatility | 18.06 |
Fortis Inc. CUM RD 5Y SR G - Net Assets Trend (1995–2025)
This chart illustrates how Fortis Inc. CUM RD 5Y SR G's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fortis Inc. CUM RD 5Y SR G (1995–2025)
The table below shows the annual net assets of Fortis Inc. CUM RD 5Y SR G from 1995 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $25.87 Billion | +0.06% |
| 2024-12-31 | $25.85 Billion | +10.80% |
| 2023-12-31 | $23.33 Billion | +2.15% |
| 2022-12-31 | $22.84 Billion | +9.21% |
| 2021-12-31 | $20.92 Billion | +3.12% |
| 2020-12-31 | $20.28 Billion | +0.85% |
| 2019-12-31 | $20.11 Billion | +8.98% |
| 2018-12-31 | $18.46 Billion | +10.19% |
| 2017-12-31 | $16.75 Billion | +1.82% |
| 2016-12-31 | $16.45 Billion | +58.89% |
| 2015-12-31 | $10.35 Billion | +13.62% |
| 2014-12-31 | $9.11 Billion | +42.91% |
| 2013-12-31 | $6.38 Billion | +17.86% |
| 2012-12-31 | $5.41 Billion | +15.67% |
| 2011-12-31 | $4.68 Billion | +15.23% |
| 2010-12-31 | $4.06 Billion | +10.81% |
| 2009-12-31 | $3.66 Billion | +3.53% |
| 2008-12-31 | $3.54 Billion | +24.67% |
| 2007-12-31 | $2.84 Billion | +53.56% |
| 2006-12-31 | $1.85 Billion | +17.53% |
| 2005-12-31 | $1.57 Billion | +15.87% |
| 2004-12-31 | $1.36 Billion | +75.24% |
| 2003-12-31 | $774.43 Million | +24.03% |
| 2002-12-31 | $624.41 Million | +28.73% |
| 2001-12-31 | $485.06 Million | +9.34% |
| 2000-12-31 | $443.64 Million | +18.54% |
| 1999-12-31 | $374.25 Million | +7.82% |
| 1998-12-31 | $347.11 Million | +3.62% |
| 1997-12-31 | $334.97 Million | +6.79% |
| 1995-12-31 | $313.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortis Inc. CUM RD 5Y SR G's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 496900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.97 Billion | 20.87% |
| Common Stock | $16.11 Billion | 67.67% |
| Other Comprehensive Income | $1.10 Billion | 4.62% |
| Other Components | $1.63 Billion | 6.84% |
| Total Equity | $23.81 Billion | 100.00% |
Fortis Inc. CUM RD 5Y SR G Competitors by Market Cap
The table below lists competitors of Fortis Inc. CUM RD 5Y SR G ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trelleborg AB (publ)
PINK:TBABF
|
$7.91 Billion |
|
Goertek Inc
SHE:002241
|
$7.92 Billion |
|
Cognex Corporation
NASDAQ:CGNX
|
$7.92 Billion |
|
Power Construction Corp of China Ltd
SHG:601669
|
$7.93 Billion |
|
Eastman Chemical Company
NYSE:EMN
|
$7.90 Billion |
|
Invesco Plc
NYSE:IVZ
|
$7.90 Billion |
|
Bio-Techne Corp
NASDAQ:TECH
|
$7.89 Billion |
|
LS Electric
KO:010120
|
$7.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortis Inc. CUM RD 5Y SR G's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,808,000,000 to 23,810,000,000, a change of 2,000,000 (0.0%).
- Net income of 1,799,000,000 contributed positively to equity growth.
- Dividend payments of 873,000,000 reduced retained earnings.
- New share issuances of 60,000,000 increased equity.
- Other comprehensive income decreased equity by 966,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.80 Billion | +7.56% |
| Dividends Paid | $873.00 Million | -3.67% |
| Share Issuances | $60.00 Million | +0.25% |
| Other Comprehensive Income | $-966.00 Million | -4.06% |
| Other Changes | $-18.00 Million | -0.08% |
| Total Change | $- | 0.01% |
Book Value vs Market Value Analysis
This analysis compares Fortis Inc. CUM RD 5Y SR G's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.33x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.45x to 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $34.70 | $15.62 | x |
| 2016-12-31 | $46.58 | $15.62 | x |
| 2017-12-31 | $36.05 | $15.62 | x |
| 2018-12-31 | $37.79 | $15.62 | x |
| 2019-12-31 | $42.36 | $15.62 | x |
| 2020-12-31 | $40.17 | $15.62 | x |
| 2021-12-31 | $40.92 | $15.62 | x |
| 2022-12-31 | $43.90 | $15.62 | x |
| 2023-12-31 | $44.20 | $15.62 | x |
| 2024-12-31 | $47.96 | $15.62 | x |
| 2025-12-31 | $47.27 | $15.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortis Inc. CUM RD 5Y SR G utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.78%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.14x
- Recent ROE (7.56%) is below the historical average (7.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 11.89% | 7.84% | 0.49x | 3.11x | $5.57 Million |
| 1997 | 9.19% | 6.08% | 0.49x | 3.12x | $-2.65 Million |
| 1998 | 8.09% | 5.78% | 0.46x | 3.06x | $-6.45 Million |
| 1999 | 8.46% | 5.78% | 0.41x | 3.61x | $-5.30 Million |
| 2000 | 8.92% | 6.29% | 0.40x | 3.59x | $-4.46 Million |
| 2001 | 11.90% | 8.51% | 0.39x | 3.62x | $8.55 Million |
| 2002 | 10.82% | 8.84% | 0.36x | 3.40x | $4.81 Million |
| 2003 | 9.98% | 8.73% | 0.38x | 3.00x | $-135.70K |
| 2004 | 6.88% | 7.93% | 0.30x | 2.91x | $-41.11 Million |
| 2005 | 8.94% | 9.51% | 0.33x | 2.82x | $-16.19 Million |
| 2006 | 8.66% | 10.11% | 0.27x | 3.17x | $-22.99 Million |
| 2007 | 7.31% | 7.32% | 0.26x | 3.77x | $-73.30 Million |
| 2008 | 7.63% | 6.64% | 0.35x | 3.29x | $-80.30 Million |
| 2009 | 7.91% | 7.70% | 0.30x | 3.44x | $-74.00 Million |
| 2010 | 8.03% | 8.54% | 0.28x | 3.31x | $-76.70 Million |
| 2011 | 7.76% | 9.26% | 0.28x | 3.03x | $-99.90 Million |
| 2012 | 7.10% | 9.91% | 0.24x | 2.93x | $-148.00 Million |
| 2013 | 6.83% | 10.13% | 0.23x | 2.98x | $-190.10 Million |
| 2014 | 4.36% | 7.02% | 0.20x | 3.06x | $-490.10 Million |
| 2015 | 8.15% | 11.97% | 0.23x | 2.92x | $-183.00 Million |
| 2016 | 4.52% | 9.65% | 0.14x | 3.28x | $-799.70 Million |
| 2017 | 6.85% | 12.38% | 0.17x | 3.19x | $-472.30 Million |
| 2018 | 7.05% | 13.90% | 0.16x | 3.21x | $-487.30 Million |
| 2019 | 9.29% | 19.61% | 0.16x | 2.88x | $-131.10 Million |
| 2020 | 6.81% | 14.26% | 0.16x | 2.97x | $-595.70 Million |
| 2021 | 6.71% | 13.70% | 0.16x | 2.99x | $-634.80 Million |
| 2022 | 6.63% | 12.62% | 0.17x | 3.06x | $-709.00 Million |
| 2023 | 7.31% | 13.66% | 0.17x | 3.07x | $-577.50 Million |
| 2024 | 7.06% | 14.60% | 0.16x | 3.09x | $-700.80 Million |
| 2025 | 7.56% | 14.78% | 0.16x | 3.14x | $-582.00 Million |
Industry Comparison
This section compares Fortis Inc. CUM RD 5Y SR G's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $19,749,720,789
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortis Inc. CUM RD 5Y SR G (FTRSF) | $25.87 Billion | 11.89% | 1.89x | $7.90 Billion |
| Aboitiz Equity Ventures Inc (ABOIF) | $21.34 Billion | 14.80% | 0.79x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $26.99 Billion | 10.99% | 2.82x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $4.66 Billion | 28.55% | 1.05x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $125.97 Billion | 9.20% | 0.86x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $2.46 Billion | 11.28% | 5.30x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $8.35 Billion | -9.26% | 3.01x | $27.76 Billion |
| The Connecticut Light and Power Company (CNTHP) | $2.55 Billion | -9.96% | 3.94x | $506.99K |
| Caribbean Utilities Company Ltd (CUPUF) | $133.72 Million | 17.09% | 1.34x | $224.77 Million |