What is the Return on Assets (ROA) of Fortis this year?
The Return on Assets (ROA) of Fortis is 0.02 undefined this year.
Fortis ROA 2024
Fortis ROA
0.02
Ticker
FTS.TO
ISIN
CA3495531079
WKN
881347
In 2024, Fortis's return on assets (ROA) was 0.02, a 10.37% increase from the 0.02 ROA in the previous year.
Fortis Aktienanalyse
What does Fortis do?
Fortis Inc. is a Canadian energy utility company that operates in the supply of electricity and gas. The company is headquartered in St. John's, Newfoundland and Labrador and is led by Barry V. Perry as President and CEO. The history of Fortis Inc. dates back to 1885 when the St. John's Electric Light Company was founded. Over the following years and decades, there were further acquisitions and mergers of utility companies throughout Canada, including the British Columbia Power Commission and the Maritime Electric Company. Today, Fortis Inc. operates electricity utility companies in Canada, the United States, the Caribbean, and Central America. The company has a broad customer base, serving both residential and commercial customers. Fortis Inc.'s business model is based on providing reliable energy supply through investments in existing infrastructure and expanding their customer base. The company aims to leverage its advantages and expertise in the industry to achieve a stronger presence in the market. Fortis Inc. has four operating segments: electricity, gas, integrated energy supply, and other activities. The electricity segment includes companies that perform electricity generation, transmission, and distribution. The gas segment operates gas supply systems and facilities. The integrated energy supply segment includes companies that are involved in the entire energy chain, from generation to consumption billing. The other activities segment includes financial services and real estate activities. Fortis Inc. offers various products, including electricity, gas, and energy efficiency solutions. The company is actively working on the introduction of clean energy sources that minimize environmental impacts and reduce dependence on fossil fuels. Fortis Inc. is committed to providing reliable and cost-effective services to its customers. The company strives to actively inform and collaborate with its customers and stakeholders to meet their needs and requirements. Overall, Fortis Inc. has established itself as a leading company in the energy industry. With a strong focus on quality, reliability, and commitment to its customers, the company has built a solid foundation for a sustainable and successful future. Fortis ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Fortis's Return on Assets (ROA)
Fortis's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Fortis's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Fortis's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Fortis’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Fortis stock
What was the ROA of Fortis compared to the previous year?
The ROA of Fortis has increased by 10.37% compared to the previous year.
What consequences do high ROA have for investors of Fortis?
A high ROA is advantageous for investors of Fortis, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Fortis?
A low ROA can be unfavorable for investors of Fortis as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Fortis affect the company?
An increase in ROA of Fortis can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Fortis impact the company?
A reduction in the ROA of Fortis can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Fortis?
Some factors that can influence the ROA of Fortis include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Fortis important for investors?
The ROA of Fortis is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Fortis take to improve ROA?
To improve ROA, Fortis can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Fortis pay?
Over the past 12 months, Fortis paid a dividend of 2.28 CAD . This corresponds to a dividend yield of about 3.79 %. For the coming 12 months, Fortis is expected to pay a dividend of 2.32 CAD.
What is the dividend yield of Fortis?
The current dividend yield of Fortis is 3.79 %.
When does Fortis pay dividends?
Fortis pays a quarterly dividend. This is distributed in the months of June, September, December, March.
How secure is the dividend of Fortis?
Fortis paid dividends every year for the past 52 years.
What is the dividend of Fortis?
For the upcoming 12 months, dividends amounting to 2.32 CAD are expected. This corresponds to a dividend yield of 3.84 %.
In which sector is Fortis located?
Fortis is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Fortis kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Fortis from 12/1/2024 amounting to 0.615 CAD, you needed to have the stock in your portfolio before the ex-date on 11/18/2024.
When did Fortis pay the last dividend?
The last dividend was paid out on 12/1/2024.
What was the dividend of Fortis in the year 2023?
In the year 2023, Fortis distributed 2.17 CAD as dividends.
In which currency does Fortis pay out the dividend?
The dividends of Fortis are distributed in CAD.
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Andere Kennzahlen von Fortis
Our stock analysis for Fortis Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortis Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
