
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
- SectorsEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website fortisinc.com
- Social LinkedIn X
- Legal Name Fortis Inc.
- Annual Revenue$8.89 B (USD)5.75as on Dec 31, 2025
- Net Profit$1.31 B (USD)7.08as on Dec 31, 2025
- EBITDA$4.05 B (USD)6.32as on Dec 31, 2025
- Latest Funding Round$375.79M (USD), Post-IPO
Nov 2019
- Employee Count9,800
- Investments & AcquisitionsCH 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 is delivered through regulated electric and gas 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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $375.79M | Post-IPO | β | β | β |
| Mar 2018 | $9.33M | Post-IPO | β | β | β |
People of Fortis Inc.
39 people are tracked at Fortis Inc. (28 in leadership, 11 in team); the tracked headcount is 9,800.
| Name | Role | Group |
|---|---|---|
Pierre J. Blouin | Corporate Director | Leadership |
Regan P. O’dea | Vice President, General Counsel | Leadership |
Anthony Keeping | Director Treasury And Tax | Leadership |
Lisa Crutchfield | Corporate Director | Leadership |
James R. Reid | Executive Vice President, Sustainability And Chief Legal Officer | Leadership |
Jocelyn H. Perry | Executive Vice President, Chief Financial Officer | Leadership |
H. Bliss | Is Executive Vice President, Operations And Innovation. | Leadership |
David G. Hutchens | President And Ceo, Fortis Inc. | Leadership |
Lawrence T. Borgard | Corporate Director | Leadership |
Kealey D. Martin | Vice President, Sustainability And Climate Strategy | Leadership |
Julie M. Avery | Vice President, Controller | Leadership |
Stuart I. Lochray | Senior Vice President, Capital Markets And Business Development | Leadership |
Kevin D. Woodbury | Vice President, Innovation And Technology | Leadership |
Donald R. Marchand | Corporate Director | Leadership |
Lisa L. Durocher | Corporate Director | Leadership |
Tanya N. Finlay | Vice President, People And Culture | Leadership |
Keri L. Glitch | Vice President, Chief Information Officer | Leadership |
Karen M. Mccarthy | Vice President, Communications And Government Relations | Leadership |
Gordon Payne | Director, Risk Management | Leadership |
Karen J. Gosse | Vice President, Finance | Leadership |
19 more people are available in the full profile.
Complete people profiles for Fortis Inc.
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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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.
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.17B CAD | 1.80B CAD | 5.55B CAD |
| 2024 | 11.51B CAD | 1.68B CAD | 5.22B CAD |
| 2023 | 11.52B CAD | 1.57B CAD | 4.86B CAD |
| 2022 | 11.04B CAD | 1.39B CAD | 4.41B CAD |
| 2021 | 9.45B CAD | 1.29B CAD | 3.97B CAD |
Detailed financial statements for Fortis Inc.
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Independent electricity transmission services are provided across the United States. | itc-holdings.com | Novi, United States | 2000 | Sep 2016 | $11.3B | |
Electricity and natural gas are provided and distributed to customers. | uns.com | Tucson, United States | 1892 | Dec 2013 | $4.3B | |
Distributor of electricity and natural gas to customers in New York State | chenergygroup.com | Poughkeepsie, United States | 1998 | Feb 2012 | $1.5B |
Complete acquisition details for Fortis Inc.
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
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Timeline of Fortis Inc.
7 dated milestones of Fortis Inc. across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Fortis Inc. is founded.
- Acquisition Acquires CH Energy.
- Acquisition Acquires UNS Energy Corporation.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ITC Holdings.
- Funding First funding round of $9.3M.
- 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 visits24K
▲ 5.2% vs previous month
Websites whose visitors overlap most with Fortis Inc.. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fortisalberta.com | 100% | #804,484 | View details | ||
| solarpower.guide | 73% | #4,927,832 | View details | ||
fortisconstruction.com | fortisconstruction.com | 44% | #2,521,740 | β | |
| fortispay.com | 27% | 156.9K | #176,280 | View details | |
fortis.edu | fortis.edu | 26% | #516,524 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 8 similar websites and full traffic analytics for Fortis Inc.
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- 8 similar websites
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Related news about 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.
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..
