Fortis Inc. is a utility company that generates, transmits, and distributes electricity and gas across Canada, the U.S., and the Caribbean. While it boasts strong gross (75.5%) and EBITDA margins (50.0%), its low return on equity (1.5%) and return on assets (0.5%) raise concerns about profitability. Additionally, the current (0.56) and quick ratios (0.47) indicate liquidity issues, compounded by a relatively high debt-to-equity ratio (1.32). Despite solid margins, the financial health score of 35/100 suggests potential vulnerabilities in its operational efficiency and leverage.
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Debt of $36.3B is 94.6x the company's cash position of $384.0M.
Gross margin expanded by 13.0 percentage points, indicating improved pricing power or cost efficiency.
Exceptional gross margin of 72.4% indicates strong pricing power and competitive moat.
Operating margin of 28.3% demonstrates excellent operational efficiency.
Excellent operating cash flow margin of 34.6% indicates high-quality earnings.
Operating cash flow of $4277.0M exceeds net income by 112%, indicating high-quality earnings with strong cash conversion.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
Based on 2026-Q2 (June 30, 2026)