Fortis Inc (FTS) - Total Assets
Based on the latest financial reports, Fortis Inc (FTS) holds total assets worth CA$74.83 Billion CAD (≈ $54.13 Billion USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Fortis Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Fortis Inc - Total Assets Trend (1995–2025)
This chart illustrates how Fortis Inc's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see Fortis Inc market capitalisation.
Fortis Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Fortis Inc's total assets of CA$74.83 Billion consist of 5.1% current assets and 94.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$367.00 Million | 0.5% |
| Accounts Receivable | CA$1.49 Billion | 2.0% |
| Inventory | CA$649.00 Million | 0.9% |
| Property, Plant & Equipment | CA$205.00 Million | 0.3% |
| Intangible Assets | CA$1.72 Billion | 2.3% |
| Goodwill | CA$12.53 Billion | 16.7% |
Asset Composition Trend (1995–2025)
This chart illustrates how Fortis Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See shareholders equity of Fortis Inc for net asset value and shareholders' equity analysis.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortis Inc's current assets represent 5.1% of total assets in 2025, a decrease from 7.9% in 1995.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2025, down from 0.6% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 2.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 16.7% of total assets.
Fortis Inc Competitors by Total Assets
Key competitors of Fortis Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Enel Américas S.A
SN:ENELAM
|
Chile | CL$34.87 Billion |
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
China | CN¥56.20 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE11
|
Brazil | R$21.81 Billion |
|
CENTRAL PUERTO ADR/1 AP1
F:C3TA
|
Germany | €3.67 Trillion |
|
Datang HuaYin Electric Power Co Ltd
SHG:600744
|
China | CN¥28.28 Billion |
|
Guizhou Qianyuan Power Co Ltd
SHE:002039
|
China | CN¥15.53 Billion |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
Argentina | AR$1.03 Trillion |
|
Dala Energi AB
ST:DE
|
Sweden | Skr2.22 Billion |
Fortis Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.51 | 0.63 | 0.65 |
| Quick Ratio | 0.42 | 0.52 | 0.56 |
| Cash Ratio | 0.05 | 0.04 | 0.00 |
| Working Capital | CA$-3.71 Billion | CA$-2.24 Billion | CA$-1.49 Billion |
Fortis Inc - Advanced Valuation Insights
This section examines the relationship between Fortis Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.81 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | CA$74.83 Billion |
| Market Capitalization | $28.63 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Fortis Inc's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Fortis Inc's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Fortis Inc (1995–2025)
The table below shows the annual total assets of Fortis Inc from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$74.83 Billion ≈ $54.13 Billion |
-0.31% |
| 2024-12-31 | CA$75.06 Billion ≈ $54.30 Billion |
+11.35% |
| 2023-12-31 | CA$67.41 Billion ≈ $48.77 Billion |
+2.34% |
| 2022-12-31 | CA$65.87 Billion ≈ $47.65 Billion |
+11.63% |
| 2021-12-31 | CA$59.01 Billion ≈ $42.69 Billion |
+3.95% |
| 2020-12-31 | CA$56.77 Billion ≈ $41.07 Billion |
+3.61% |
| 2019-12-31 | CA$54.80 Billion ≈ $39.64 Billion |
+0.63% |
| 2018-12-31 | CA$54.45 Billion ≈ $39.39 Billion |
+10.75% |
| 2017-12-31 | CA$49.17 Billion ≈ $35.57 Billion |
-0.01% |
| 2016-12-31 | CA$49.17 Billion ≈ $35.57 Billion |
+66.30% |
| 2015-12-31 | CA$29.57 Billion ≈ $21.39 Billion |
+11.04% |
| 2014-12-31 | CA$26.63 Billion ≈ $19.26 Billion |
+48.69% |
| 2013-12-31 | CA$17.91 Billion ≈ $12.95 Billion |
+19.79% |
| 2012-12-31 | CA$14.95 Billion ≈ $10.81 Billion |
+5.18% |
| 2011-12-31 | CA$14.21 Billion ≈ $10.28 Billion |
+10.16% |
| 2010-12-31 | CA$12.90 Billion ≈ $9.33 Billion |
+6.26% |
| 2009-12-31 | CA$12.14 Billion ≈ $8.78 Billion |
+8.63% |
| 2008-12-31 | CA$11.18 Billion ≈ $8.09 Billion |
+8.81% |
| 2007-12-31 | CA$10.27 Billion ≈ $7.43 Billion |
+88.83% |
| 2006-12-31 | CA$5.44 Billion ≈ $3.94 Billion |
+19.88% |
| 2005-12-31 | CA$4.54 Billion ≈ $3.28 Billion |
+15.24% |
| 2004-12-31 | CA$3.94 Billion ≈ $2.85 Billion |
+78.14% |
| 2003-12-31 | CA$2.21 Billion ≈ $1.60 Billion |
+11.25% |
| 2002-12-31 | CA$1.99 Billion ≈ $1.44 Billion |
+22.30% |
| 2001-12-31 | CA$1.62 Billion ≈ $1.18 Billion |
+9.88% |
| 2000-12-31 | CA$1.48 Billion ≈ $1.07 Billion |
+18.90% |
| 1999-12-31 | CA$1.24 Billion ≈ $899.61 Million |
+19.90% |
| 1998-12-31 | CA$1.04 Billion ≈ $750.29 Million |
+1.95% |
| 1997-12-31 | CA$1.02 Billion ≈ $735.97 Million |
+11.02% |
| 1995-12-31 | CA$916.41 Million ≈ $662.92 Million |
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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