What is the ROCE (Return on Capital Employed) of Fortis this year?
The ROCE of Fortis is 0.14 undefined this year.
Fortis ROCE 2024
Fortis ROCE
0.14
Ticker
FTS.TO
ISIN
CA3495531079
WKN
881347
In 2024, Fortis's return on capital employed (ROCE) was 0.14, a 10.07% increase from the 0.13 ROCE 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.ROCE Details
Unraveling Fortis's Return on Capital Employed (ROCE)
Fortis's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Fortis's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Fortis's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Fortis’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Fortis stock
How has the ROCE (Return on Capital Employed) of Fortis developed compared to the previous year?
The ROCE of Fortis has increased by 10.07% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Fortis?
A high Return on Capital Employed (ROCE) indicates that Fortis has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Fortis?
A low ROCE (Return on Capital Employed) can indicate that Fortis has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Fortis impact the company?
An increase in the ROCE of Fortis can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Fortis affect the company?
A decrease in ROCE of Fortis can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Fortis?
Some factors that can affect Fortis's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Fortis so important for investors?
The ROCE of Fortis is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Fortis take to improve the ROCE?
To improve the ROCE, Fortis can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 3.85 %. 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 3.85 %.
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 3.91 %.
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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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.
