Fortis Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '25 Dec 4, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Market Capitalization	35,668	29,823	26,627	26,023	28,861	24,272	Upgrade
Market Cap Growth	14.76%	12.00%	2.32%	-9.83%	18.91%	-2.43%	Upgrade
Enterprise Value	73,373	64,462	59,703	58,150	57,469	52,267	Upgrade
PE Ratio	21.16	18.57	17.68	19.57	23.45	20.08	Upgrade
PS Ratio	2.96	2.59	2.31	2.36	3.06	2.72	Upgrade
PB Ratio	1.36	1.15	1.14	1.14	1.38	1.20	Upgrade
P/OCF Ratio	8.90	7.68	7.51	8.47	9.93	8.99	Upgrade
EV/Sales Ratio	6.09	5.60	5.18	5.27	6.08	5.85	Upgrade
EV/EBITDA Ratio	12.95	12.18	12.14	12.92	14.30	13.18	Upgrade
EV/EBIT Ratio	20.48	19.16	18.98	20.53	22.86	20.59	Upgrade
Debt / Equity Ratio	1.31	1.30	1.29	1.27	1.24	1.23	Upgrade
Debt / EBITDA Ratio	6.09	6.32	6.06	6.41	6.42	6.22	Upgrade
Quick Ratio	0.37	0.31	0.38	0.30	0.29	0.34	Upgrade
Current Ratio	0.66	0.63	0.68	0.65	0.57	0.63	Upgrade
Asset Turnover	0.17	0.17	0.18	0.18	0.17	0.16	Upgrade
Return on Equity (ROE)	7.61%	7.43%	7.41%	6.92%	6.82%	6.88%	Upgrade
Return on Assets (ROA)	3.09%	3.02%	3.02%	2.90%	2.78%	2.92%	Upgrade
Return on Capital (ROIC)	3.81%	3.72%	3.74%	3.58%	3.42%	3.59%	Upgrade
Return on Capital Employed (ROCE)	5.20%	5.00%	5.20%	4.90%	4.80%	4.90%	Upgrade
Earnings Yield	4.73%	5.63%	5.91%	5.36%	4.48%	5.25%	Upgrade
FCF Yield	-5.46%	-3.79%	-1.66%	-1.97%	-0.98%	-4.76%	Upgrade
Dividend Yield	3.46%	4.14%	4.54%	4.51%	3.93%	4.52%	Upgrade
Payout Ratio	48.47%	48.69%	48.82%	52.87%	51.85%	66.80%	Upgrade
Buyback Yield / Dilution	-1.80%	-1.79%	-1.57%	-1.61%	-1.29%	-6.38%	Upgrade
Total Shareholder Return	1.66%	2.35%	2.98%	2.90%	2.64%	-1.86%	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.