About Fortis Inc.
Fortis Inc. is a company based in St. John's (Canada) founded in 1987. It operates as a Subscription Services. The company has 9,800 employees as of December 31, 2024. Fortis Inc. has completed 3 acquisitions, including CH Energy, ITC Holdings and UNS Energy Corporation. Fortis Inc. offers products and services including Energy Delivery and Transmission and Distribution.
- Headquarter St. John's, Canada
- Employees 9800 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Fortis Inc.
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Annual Revenue
$8 B (USD)-0.08as on Dec 31, 2024
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Net Profit
$1.17 B (USD)6.8as on Dec 31, 2024
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EBITDA
$3.63 B (USD)7.45as on Dec 31, 2024
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Latest Funding Round
$375.79 M (USD), Post-IPO
Nov 25, 2019
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Investors
Not available
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Employee Count
9800
as on Dec 31, 2024
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Investments & Acquisitions
CH Energy
& 2 more
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IPO & Listings of Fortis Inc.
Fortis Inc. is a publicly listed company on the TSX with ticker symbol FTS in Canada, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Fortis Inc.
Fortis Inc. offers a comprehensive portfolio of products and services, including Energy Delivery and Transmission and Distribution.
Energy is delivered through regulated electric and gas utilities.
Infrastructure for energy transmission and distribution is managed.
People of Fortis Inc.
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Funding Insights of Fortis Inc.
Investments & Acquisitions by Fortis Inc.
Fortis Inc. has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CH Energy, ITC Holdings and UNS Energy Corporation.
Investment portfolio details for Fortis Inc.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Independent electricity transmission services are provided across the United States.
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Locked | Locked | 2000 | Locked | |
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Distributor of electricity and natural gas to customers in New York State
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Locked | Locked | 1998 | Locked | |
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Electricity and natural gas are provided and distributed to customers.
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Locked | Locked | 1892 | Locked |
Complete acquisition details for Fortis Inc.
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Financial Statements - Fortis Inc.
Detailed financials for Fortis Inc.
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Fortis Inc. Comparisons
Peer comparison for Fortis Inc.
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Competitors of Fortis Inc.
Detailed competitors of Fortis Inc.
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Latest news on Fortis Inc.
Complete news archive for Fortis Inc.
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Frequently Asked Questions about Fortis Inc.
Fortis Inc. was founded in 1987 and raised its 1st funding round 31 years after it was founded.
Fortis Inc. is headquartered in St. John's, Canada. It is registered at St. John's, Newfoundland And Labrador, Canada.
As of Dec 31, 2024, the latest employee count at Fortis Inc. is 9,800.
Annual revenue of Fortis Inc. is $8B as on Dec 31, 2024.
Fortis Inc. is established as a prominent entity in the North American regulated electric and gas utility sector. Operations are focused on energy delivery to approximately 3.5 million customers. The company manages a vast network of transmission and distribution assets, constituting 93 of its portfolio. Emphasis is placed on sustainability and cleaner energy strategies. Solutions are provided to adapt to climate challenges and ensure resiliency. Community engagement and indigenous relationships are prioritized alongside innovation in energy solutions.
Fortis Inc. offers Energy Delivery and Transmission and Distribution.
Yes, Fortis Inc. is publicly traded on TSX under the ticker symbol FTS.
Fortis Inc. has made 3 acquisitions, including CH Energy, ITC Holdings, and UNS Energy Corporation.
The ticker symbol of Fortis Inc. is FTS on TSX.