Fortis Inc.

St. John's, Canada Founded: 1987 • Age: 39 yrs Listed
Electricity and gas services are provided to North American customers.

About Fortis Inc.

Fortis Inc. is a publicly listed company based in St. John's (Canada) founded in 1987. Electricity and gas services are provided to North American customers. It operates on a Subscription Services model. The company has 9,800 employees. Fortis Inc. has completed 3 acquisitions, including CH Energy, ITC Holdings and UNS Energy Corporation. Its website fortisinc.com draws about 24 thousand monthly visits. Fortis Inc. offers products and services including Energy Delivery and Transmission and Distribution. Its focus areas include Utilities, Electric Utilities, Regulated Electric Utilities and Gas Utilities.

Company details

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.

  • Headquarters St. John's, Canada
  • Employees 9,800
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website fortisinc.com
  • Social LinkedIn X
  • Legal Name Fortis Inc.
Key Metrics
  • Annual Revenue
    $8.89 B (USD)
    5.75
    as on Dec 31, 2025
  • Net Profit
    $1.31 B (USD)
    7.08
    as on Dec 31, 2025
  • EBITDA
    $4.05 B (USD)
    6.32
    as on Dec 31, 2025
  • Latest Funding Round
    $375.79M (USD), Post-IPO

    Nov 2019

  • Employee Count
    9,800
  • Investments & Acquisitions
    CH Energy

    & 2 more

Products & Services of Fortis Inc.

Fortis Inc. offers a comprehensive portfolio of products and services, including Energy Delivery and Transmission and Distribution.

Energy Delivery
Utilities

Energy is delivered through regulated electric and gas utilities.

Transmission and Distribution
Utilities

Infrastructure for energy transmission and distribution is managed.

Funding Insights of Fortis Inc.

  • Total Rounds 2
  • Last Round Post-IPO β€” $375.79M
  • First Round $9.33M

    (Mar 2018)

All 2 funding rounds of Fortis Inc. with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$375.79MPost-IPO––
–
Mar 2018$9.33MPost-IPO––
–

People of Fortis Inc.

39 people are tracked at Fortis Inc. (28 in leadership, 11 in team); the tracked headcount is 9,800.

NameRoleGroup
Pierre J. Blouin
Corporate DirectorLeadership
Regan P. O’dea
Vice President, General CounselLeadership
Anthony Keeping
Director Treasury And TaxLeadership
Lisa Crutchfield
Corporate DirectorLeadership
James R. Reid
Executive Vice President, Sustainability And Chief Legal OfficerLeadership
Jocelyn H. Perry
Executive Vice President, Chief Financial OfficerLeadership
H. Bliss
Is Executive Vice President, Operations And Innovation.Leadership
David G. Hutchens
President And Ceo, Fortis Inc.Leadership
Lawrence T. Borgard
Corporate DirectorLeadership
Kealey D. Martin
Vice President, Sustainability And Climate StrategyLeadership
Julie M. Avery
Vice President, ControllerLeadership
Stuart I. Lochray
Senior Vice President, Capital Markets And Business DevelopmentLeadership
Kevin D. Woodbury
Vice President, Innovation And TechnologyLeadership
Donald R. Marchand
Corporate DirectorLeadership
Lisa L. Durocher
Corporate DirectorLeadership
Tanya N. Finlay
Vice President, People And CultureLeadership
Keri L. Glitch
Vice President, Chief Information OfficerLeadership
Karen M. Mccarthy
Vice President, Communications And Government RelationsLeadership
Gordon Payne
Director, Risk ManagementLeadership
Karen J. Gosse
Vice President, FinanceLeadership

19 more people are available in the full profile.

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Complete people profiles for Fortis Inc.

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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.

  • IPO date11 Jan 2016
  • Listed onNYSE: FTS
  • Listed entityFortis Inc.
  • Exchange sectorUtilities
  • ISINCA3495531079
  • Share price76.77 CAD (+0.97% on the day) · 2026-10-13
  • Market capitalisation39,221,790,816.00 CAD
  • Price to earnings22.5
  • EPS (diluted, trailing year)3.40 CAD
  • Dividend yield3.33%
  • Volume (last session)891,519

Financials of Fortis Inc.

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202512.17B CAD1.80B CAD5.55B CAD
202411.51B CAD1.68B CAD5.22B CAD
202311.52B CAD1.57B CAD4.86B CAD
202211.04B CAD1.39B CAD4.41B CAD
20219.45B CAD1.29B CAD3.97B CAD
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Detailed financial statements for Fortis Inc.

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Independent electricity transmission services are provided across the United States.
itc-holdings.comNovi, United States2000Sep 2016$11.3B
Electricity and natural gas are provided and distributed to customers.
uns.comTucson, United States1892Dec 2013$4.3B
Distributor of electricity and natural gas to customers in New York State
chenergygroup.comPoughkeepsie, United States1998Feb 2012$1.5B
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Complete acquisition details for Fortis Inc.

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Fortis Inc.

7 dated milestones of Fortis Inc. across 32 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fortis Inc. is founded.
  2. Acquisition Acquires CH Energy.
  3. Acquisition Acquires UNS Energy Corporation.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires ITC Holdings.
  6. Funding First funding round of $9.3M.
  7. Funding Latest funding round, Post-IPO, of $375.8M.

Web traffic of Fortis Inc.

The website of Fortis Inc. (fortisinc.com) receives about 24K visits a month.

  • Monthly visits
    24K

    ▲ 5.2% vs previous month

Similar websites

Websites whose visitors overlap most with Fortis Inc.. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fortisalberta.com
100%
#804,484View details
solarpower.guide
73%
#4,927,832View details
fortisconstruction.com
fortisconstruction.com
44%
#2,521,740–
fortispay.com
27%
156.9K#176,280View details
fortis.edu
fortis.edu
26%
#516,524–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Fortis Inc.

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  • Audience overlap
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Related news about 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.

Fortis Inc. has 9,800 employees.

Annual revenue of Fortis Inc. is $8.89B as on Dec 31, 2025.

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.

Fortis Inc. operates through Fortis Inc..

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