With a market capitalization (market cap) of $28.75B — a measure of how much the company is worth — Fortis Inc. is the 482nd most valuable company in Utilities as of August 18, 2026. Shares trade at $56.47, up +0.05% on the day.
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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. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possesses 65 MW of power generation from its own gas-fired and hydroelectric plants. Regarding its natural gas operations, Fortis serves approximately 1,065,000 residential, commercial, and industrial clients in British Columbia, Canada. In other Canadian territories, Fortis manages the electricity distribution network for approximately 577,000 customers across southern and central Alberta, and operates four hydroelectric facilities with a combined output of 225 MW. Additionally, it provides operational, maintenance, and management expertise for five other hydroelectric generating stations. The utility also ensures electricity supply to the island portion of Newfoundland and Labrador, featuring an installed generating capacity of 143 MW, and to Prince Edward Island, which has a capacity of 130 MW. Its integrated electric utility services extend to about 68,000 customers in Ontario, approximately 272,000 in Newfoundland and Labrador, around 32,000 on Grand Cayman in the Cayman Islands, and roughly 16,000 on select islands within Turks and Caicos. Internationally, Fortis holds long-term contracts for generation assets in Belize, comprising three hydroelectric plants totaling 51 MW, and owns the Aitken Creek natural gas storage facility. Its extensive infrastructure includes approximately 90,200 circuit kilometers (km) of electricity distribution lines and about 50,500 km of natural gas pipelines. Fortis Inc. was established in 1885 and maintains its corporate headquarters in St. John's, Canada.
Visit websiteAs of August 18, 2026, Fortis Inc. (FTS) is worth $28.75B — this is its market capitalization, the total value of all its outstanding shares.
Fortis Inc.’s market cap is $28.75B, which ranks it #482 among the most valuable companies in the Utilities sector tracked on MarketCapLens.
Fortis Inc. (FTS) shares trade at $56.47, up 0.05% on the day, as of August 18, 2026.
Fortis Inc. trades at a price-to-earnings (P/E) ratio of 16.6, based on its latest share price and annual earnings per share.
Fundamentals are annual. Figures labeled with their fiscal year.
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