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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. Fortis serve residential, commercial, and industrial. Its also invest in electricity grid modernization, clean energy transitions, and infrastructure expansions. Fortis has power generation plants, transmission systems, and utility service centers facilities. Its 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
9,926
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*
$28.6B
Net Profit Margin (2024)
XYZ
1.2%
(2024 vs 2023)
* As of and is in US$
Fortis Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Distribution Services |
| Electricity | Operating Services |
| Investment Services |
Competitor Comparison
| Key Parameters | Fortis Inc | TC Energy Corporation | Emera Inc | Ontario Power Generation Inc | TransAlta Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | St. John's | Calgary | Halifax | Oshawa | Calgary |
| State/Province | Newfoundland and Labrador | Alberta | Nova Scotia | Ontario | Alberta |
| No. of Employees | 9,926 | 6,574 | 7,812 | 11,030 | 1,350 |
| Entity Type | Public | Public | Public | Private | Public |
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 | Chief Information Officer; Vice President | 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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