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Fortis Inc (Fortis) is a utility holding company. The company offers generation, transmission, and distribution of electricity and natural gas. Its services includes regulated utility services, energy infrastructure management, and energy solutions. It also invests in electricity grid modernization, clean energy transitions, and infrastructure expansions. Fortis has power generation plants, transmission systems, and utility service centers facilities. Fortis serve residential, commercial, and industrial customers. It has operation in Canada, the US, and the Caribbean. Fortis is headquarters in St. John’s, Newfoundland and Labrador, Canada.
Headquarters
Canada
Address
Suite 1100, PO Box 8837, Fortis Place, 5 Springdale Street, St. John's, Newfoundland and Labrador, A1B3T2
Website
www.fortisinc.com
Telephone
1 709 7372800
No of Employees
9,900
Industry
Power
Ticker Symbol & Exchange
FTS (TSE)
Revenue (2024)
$8.7B
5.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
7.1%
(2024 vs 2023)
Market Cap*
$29.1B
Net Profit Margin (2024)
XYZ
1.2%
(2024 vs 2023)
* As of and is in US$
Fortis Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Distribution Services |
| Natural Gas | Investment Services |
| Operating Services |
Competitor Comparison
| Key Parameters | Fortis Inc | Emera Inc | Canadian Utilities Ltd | Algonquin Power & Utilities Corp | Hydro One Networks Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | St. John's | Halifax | Calgary | Oakville | Toronto |
| State/Province | Newfoundland and Labrador | Nova Scotia | Alberta | Ontario | Ontario |
| No. of Employees | 9,900 | 7,812 | 8,632 | 3,233 | 6,400 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jo Mark Zurel | Chairman | Executive Board | 2023 | - |
| David Hutchens | President; Chief Executive Officer | Senior Management | - | - |
| Jocelyn Perry | Executive Vice President; Chief Financial Officer | Senior Management | - | - |
| Keri Glitch | Vice President; Chief Information Officer | Senior Management | - | - |
| Jim Reid | Executive Vice President - Sustainability; Chief Legal Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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