Fortis Stock

Fortis EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Fortis (FTS.TO) as of Aug 17, 2026 is 11.48. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 12.18 — a change of -5.73% (lower).

EV/EBIT

11.48

YoY

-5.73%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Fortis is 2026 11.48 . EV/EBIT (Enterprise Value to EBIT) of Fortis was 2025 12.18 . It decreases by -5.73% lower compared to the previous year.

The Fortis EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
8.24 base
Jan 1, 2020
9.71 base
Jan 1, 2021
11.77 base
Jan 1, 2022
9.51 base
Jan 1, 2023
8.65 base
Jan 1, 2024
9.04 base
Jan 1, 2025
10.35 base
Jan 1, 2026 (e)
8.38 base
YEARPRICE-TO-EBIT
2026 est 8.38
2025 10.35
2024 9.04
2023 8.65
2022 9.51
2021 11.77
2020 9.71
2019 8.24
2018 8.28
2017 7.79
2016 10.45
2015 7.56
2014 10.78
2013 7.89
2012 8.74
2011 8.73
2010 8.62
2009 7.61
2008 6.22
2007 9.23
2006 11.23
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Fortis Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Fortis's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Fortis's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Fortis's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Fortis grows earnings faster than its peers.

Fortis Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fortis stock

EV/EBIT (Enterprise Value to EBIT) of Fortis is 11.48 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Fortis changed from 12.18 to 11.48, representing a -5.73% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Fortis since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Fortis with sector peers and the industry average to assess whether it is attractive.

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Valuation — Fortis

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