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Last update at 2024-12-25T20:00:00Z
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 1803.00M | 1639.00M | 1620.00M | 2141.00M | 1451.00M |
Minority interest | -120.00000M | -111.00000M | 1587.00M | 1582.00M | 1923.00M |
Net income | 1394.00M | 1294.00M | 1274.00M | 1722.00M | 1166.00M |
Selling general administrative | - | - | - | 11.00M | 2.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 7091.00M | 6497.00M | 6373.00M | 6263.00M | 5895.00M |
Reconciled depreciation | 1668.00M | 1505.00M | 1428.00M | 1350.00M | 1243.00M |
Ebit | 2832.00M | 2514.00M | 2539.00M | 2472.00M | 2363.00M |
Ebitda | 4573.00M | 4147.00M | 4090.00M | 4526.00M | 3668.00M |
Depreciation and amortization | - | - | - | - | - |
Non operating income net other | - | - | - | - | 0.00000M |
Operating income | 2740.00M | 2469.00M | 2508.00M | 2461.00M | 2365.00M |
Other operating expenses | - | - | - | - | 0.00000M |
Interest expense | 1102.00M | 1003.00M | 1042.00M | 1035.00M | 974.00M |
Tax provision | 289.00M | 234.00M | 231.00M | 289.00M | 165.00M |
Interest income | 11.00M | 5.00M | 13.00M | 16.00M | 15.00M |
Net interest income | -1091.00000M | -998.00000M | -1029.00000M | -1019.00000M | -959.00000M |
Extraordinary items | - | - | - | - | 0.00000M |
Non recurring | - | - | - | - | 0.00000M |
Other items | - | - | - | - | 0.00000M |
Income tax expense | 289.00M | 234.00M | 231.00M | 289.00M | 165.00M |
Total revenue | 11043.00M | 9448.00M | 8935.00M | 8783.00M | 8390.00M |
Total operating expenses | 8303.00M | 6979.00M | 6427.00M | 6322.00M | 6025.00M |
Cost of revenue | 3952.00M | 2951.00M | 2562.00M | 2520.00M | 2495.00M |
Total other income expense net | 154.00M | 168.00M | 141.00M | 699.00M | 45.00M |
Discontinued operations | - | - | - | - | 0.00000M |
Net income from continuing ops | 1514.00M | 1405.00M | 1389.00M | 1852.00M | 1286.00M |
Net income applicable to common shares | 1330.00M | 1231.00M | 1209.00M | 1655.00M | 1100.00M |
Preferred stock and other adjustments | - | - | - | - | 0.00000M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 64252.00M | 57659.00M | 55481.00M | 53404.00M | 53051.00M |
Intangible assets | 1548.00M | 1343.00M | 1291.00M | 1260.00M | 1200.00M |
Earning assets | - | - | - | - | - |
Other current assets | 1494.00M | 734.00M | 665.00M | 617.00M | 1276.00M |
Total liab | 41410.00M | 36743.00M | 35197.00M | 33291.00M | 34595.00M |
Total stockholder equity | 21030.00M | 19288.00M | 18697.00M | 18531.00M | 16533.00M |
Deferred long term liab | 3095.00M | 3097.00M | 3118.00M | 2958.00M | 2751.00M |
Other current liab | 1640.00M | 1107.00M | 1145.00M | 1275.00M | 1400.00M |
Common stock | 14656.00M | 14237.00M | 13819.00M | 13645.00M | 11889.00M |
Capital stock | 16279.00M | 15860.00M | 15442.00M | 15268.00M | 13512.00M |
Retained earnings | 3733.00M | 3458.00M | 3210.00M | 2916.00M | 2082.00M |
Other liab | 8492.00M | 7869.00M | 7572.00M | 7163.00M | 6794.00M |
Good will | 12464.00M | 11720.00M | 11792.00M | 12004.00M | 12530.00M |
Other assets | 3949.00M | 3834.00M | 3590.00M | 3406.00M | 3150.00M |
Cash | 209.00M | 131.00M | 249.00M | 370.00M | 332.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 6617.00M | 4802.00M | 4148.00M | 4176.00M | 4252.00M |
Current deferred revenue | - | - | - | - | - |
Net debt | 28456.00M | 25451.00M | 24250.00M | 22333.00M | 23813.00M |
Short term debt | - | - | - | 1202.00M | 0.00000M |
Short long term debt | 2734.00M | 1875.00M | 1386.00M | 1202.00M | 986.00M |
Short long term debt total | - | - | - | - | - |
Other stockholder equity | 1008.00M | -40.00000M | 34.00M | 336.00M | 928.00M |
Property plant equipment | 41706.00M | 37856.00M | 36038.00M | 34034.00M | 32757.00M |
Total current assets | 4269.00M | 2728.00M | 2612.00M | 2574.00M | 3261.00M |
Long term investments | 316.00M | 178.00M | 158.00M | 126.00M | 153.00M |
Net tangible assets | 5395.00M | 4602.00M | 3991.00M | 3644.00M | 1180.00M |
Short term investments | - | - | - | - | 0.00000M |
Net receivables | 1759.00M | 1269.00M | 1174.00M | 1105.00M | 1171.00M |
Long term debt | 25931.00M | 23707.00M | 23113.00M | 21501.00M | 23159.00M |
Inventory | 661.00M | 478.00M | 422.00M | 394.00M | 398.00M |
Accounts payable | 886.00M | 774.00M | 707.00M | 754.00M | 679.00M |
Total permanent equity | - | - | - | - | 0.00000M |
Noncontrolling interest in consolidated entity | - | - | - | - | 0.00000M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | 0.00000M |
Accumulated other comprehensive income | - | - | - | - | 0.00000M |
Additional paid in capital | - | - | - | - | 0.00000M |
Common stock total equity | - | - | - | - | 0.00000M |
Preferred stock total equity | - | - | - | - | 0.00000M |
Retained earnings total equity | - | - | - | - | 0.00000M |
Treasury stock | - | - | - | - | 0.00000M |
Accumulated amortization | - | - | - | - | 0.00000M |
Non currrent assets other | 267.00M | 231.00M | 215.00M | 210.00M | 204.00M |
Deferred long term asset charges | - | - | - | - | 0.00000M |
Non current assets total | 59983.00M | 54931.00M | 52869.00M | 50830.00M | 49790.00M |
Capital lease obligations | 370.00M | 365.00M | 364.00M | 513.00M | 642.00M |
Long term debt total | - | - | - | - | 0.00000M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -100.00000M | -100.00000M | -100.00000M | -100.00000M | -3252.00000M |
Change to liabilities | 449.00M | 164.00M | -100.00000M | -8.00000M | 99.00M |
Total cashflows from investing activities | -4059.00000M | -3488.00000M | -4132.00000M | -2768.00000M | -3252.00000M |
Net borrowings | 1790.00M | 1138.00M | 2155.00M | -665.00000M | 1184.00M |
Total cash from financing activities | 1035.00M | 451.00M | 1327.00M | 154.00M | 644.00M |
Change to operating activities | -134.00000M | -168.00000M | -214.00000M | -254.00000M | 24.00M |
Net income | 1394.00M | 1294.00M | 1274.00M | 1722.00M | 1166.00M |
Change in cash | 78.00M | -118.00000M | -121.00000M | 38.00M | 5.00M |
Begin period cash flow | 131.00M | 249.00M | 370.00M | 332.00M | 327.00M |
End period cash flow | 209.00M | 131.00M | 249.00M | 370.00M | 332.00M |
Total cash from operating activities | 3074.00M | 2907.00M | 2701.00M | 2663.00M | 2604.00M |
Issuance of capital stock | 53.00M | 60.00M | 58.00M | 1442.00M | 34.00M |
Depreciation | 1668.00M | 1505.00M | 1428.00M | 1350.00M | 1243.00M |
Other cashflows from investing activities | -94.00000M | -102.00000M | -93.00000M | -43.00000M | -34.00000M |
Dividends paid | -737.00000M | -671.00000M | -851.00000M | -561.00000M | 525.00M |
Change to inventory | -153.00000M | -56.00000M | -36.00000M | -13.00000M | -8.00000M |
Change to account receivables | -479.00000M | -88.00000M | -84.00000M | 1.00M | -204.00000M |
Sale purchase of stock | - | - | - | - | 0.00000M |
Other cashflows from financing activities | -71.00000M | -76.00000M | -35.00000M | -62.00000M | -49.00000M |
Change to netincome | 329.00M | 256.00M | 433.00M | -135.00000M | 284.00M |
Capital expenditures | 3587.00M | 3189.00M | 3857.00M | 3499.00M | 3032.00M |
Change receivables | - | - | - | - | 0.00000M |
Cash flows other operating | - | - | - | - | 0.00000M |
Exchange rate changes | - | - | - | - | 0.00000M |
Cash and cash equivalents changes | - | - | - | - | 0.00000M |
Change in working capital | -479.00000M | -144.00000M | -429.00000M | -274.00000M | -89.00000M |
Stock based compensation | - | - | - | - | - |
Other non cash items | 189.00M | -6.00000M | 87.00M | 71.00M | 28.00M |
Free cash flow | -791.00000M | -479.00000M | -1338.00000M | -1057.00000M | -614.00000M |
Sector: Utilities Industry: Utilities - Regulated Electric
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | ||
---|---|---|---|---|---|---|---|---|
FORFF Fortis Inc |
- -% | 15.00 | 6.61 | - | - | - | ||
NEE Nextera Energy Inc |
-0.3 0.41% | 72.61 | 15.77 | 17.61 | 4.52 | 2.61 | 7.10 | 12.28 |
SO Southern Company |
-0.26 0.31% | 82.90 | 25.35 | 17.76 | 2.89 | 2.48 | 5.27 | 13.35 |
DUK Duke Energy Corporation |
-0.33 0.30% | 108.64 | 20.54 | 16.34 | 2.60 | 1.59 | 5.34 | 11.98 |
AEP American Electric Power Co Inc |
-0.11 0.12% | 92.26 | 19.17 | 16.18 | 2.58 | 1.91 | 4.83 | 12.39 |
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 443,000 retail customers in southeastern Arizona; and 102,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,328 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 584,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 274,000 customers in Newfoundland and Labrador; approximately 33,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 51,200 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
Fortis Place, Saint John's, NF, Canada, A1E 0E4
Name | Title | Year Born |
---|---|---|
Mr. David Gerard Hutchens | Pres, CEO & Director | 1967 |
Ms. Jocelyn H. Perry | Exec. VP & CFO | 1971 |
Mr. James R. Reid | Exec. VP of Sustainability & Chief Legal Officer | NA |
Mr. Gary J. Smith | Exec. VP of Operations & Innovation | 1962 |
Mr. Kevin D. Woodbury | VP of Innovation & Technology | NA |
Mr. Ronald J. Hinsley | Chief Information Officer & VP | NA |
Ms. Stephanie A. Amaimo | VP of Investor Relations | NA |
Ms. Karen M. McCarthy BPR, M.Ed | VP of Communications & Corp. Affairs | NA |
Mr. Regan P. O'Dea | VP & Gen. Counsel | NA |
Ms. Susan M. Gray | Exec. VP of Western Utility Operations | 1973 |
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