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Fortis Inc (FTS.TO)

Fortis Inc (FTS.TO)
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Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving roughly 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Sales 2,938,000 2,815,000 3,338,000 2,949,000 2,771,000
Sales Growth +4.37% -15.67% +13.19% +6.42% +3.78%
Net Income 431,000 404,000 520,000 415,000 439,000
Net Income Growth +6.68% -22.31% +25.30% -5.47% +25.79%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Total Assets 74,503,000 72,789,000 74,718,000 73,486,000 69,642,000
Total Assets Growth +2.35% -2.58% +1.68% +5.52% +1.27%
Total Liabilities 48,250,000 47,195,000 48,525,000 47,633,000 45,249,000
Total Liabilities Growth +2.24% -2.74% +1.87% +5.27% +2.57%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Operating Cash Flow 1,027,000 804,000 1,213,000 962,000 1,338,000
Operating Cash Flow Growth +27.74% -33.72% +26.09% -28.10% +64.37%
Net Cash Flow 166,000 -269,000 287,000 -709,000 341,000
Change in Net Cash Flow +161.71% -193.73% +140.48% -307.92% +2,535.71%
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