With a market capitalization (market cap) of $26.92B — a measure of how much the company is worth — Fortis Inc. ranks #485 among the 2,510 companies tracked, and 21st in Utilities as of October 3, 2026. Shares trade at $52.87, up 0.25% on the day.
of 2,510 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation October 2, 2026. Ranking headline cap is the snapshot figure as of October 3, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Oct 2, 2026 | $25.42B | -3.70% | $52.87 |
| 2025 | Dec 31, 2025 | $26.4B | +26.92% | $51.94 |
| 2024 | Dec 31, 2024 | $20.8B | +3.42% | $41.57 |
| 2023 | Dec 29, 2023 | $20.11B | +5.79% | $41.13 |
| 2022 |
Ranking figure $26.92B as of October 3, 2026.
Fortis Inc.'s ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $52.87 as of October 2, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $25.42B on October 2, 2026. See how the ranking works.
The ranking snapshot ($26.92B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($25.42B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 529,118,000 shares. That figure is an average for the year, not the live count in the market-cap formula.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #97 | NextEra Energy, Inc. NEE | $160.27B | +0.64% |
| #146 | Southern Company (The) Series 2 SOJE | $105.93B | +1.45% |
| #163 | The Southern Company |
Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of October 3, 2026, Fortis Inc. (FTS) is worth $26.92B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, Fortis Inc.’s book equity is about $25.87B. Market cap is the market value of the outstanding shares. As of October 3, 2026, its market cap is $26.92B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
Fortis Inc. ranks #485 among the 2,510 companies tracked on MarketCapLens. In Utilities it ranks #21 of 87.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
Over the past year, market cap and share price moved by different amounts. Share count can change independently of price. What changes market cap.
| Dec 30, 2022 |
| $19.01B |
| -17.05% |
| $40.04 |
| 2021 | Dec 31, 2021 | $22.92B | — | $48.27 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
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FY 2025
| $98.85B |
| +0.16% |
| #181 | Constellation Energy Corporation CEG | $92.47B | -0.55% |
| #189 | Duke Energy Corporation DUK | $88.98B | +0.34% |
| #218 | National Grid plc NGG | $76.53B | +1.05% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #482 | Citizens Financial Group, Inc. CFG | $27.2B | +0.99% |
| #483 | Tower Semiconductor Ltd. TSEM | $27.18B | -0.18% |
| #484 | TechnipFMC plc FTI | $26.99B | -0.04% |
| #486 | Willis Towers Watson Public Limited Company WTW | $26.8B | -1.03% |
| #487 | Pembina Pipeline Corporation PBA | $26.68B | +1.35% |
| #488 | Halliburton Company HAL | $26.61B | -0.09% |
Fortis Inc.’s ranking market cap of $26.92B comes from the same snapshot as the rest of this site, as of October 3, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 529,118,000. The ranking snapshot ($26.92B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($25.42B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Over the past year, Fortis Inc.’s market cap is down 5.24%, using historical market-cap records rather than today’s share count applied to past prices.
Fortis Inc. (FTS) shares trade at $52.87, up 0.25% on the day, as of October 3, 2026.
Fortis Inc. trades at a live price-to-earnings (P/E) ratio of 15.5, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.