Market Cap
Fortis Inc. Market Capitalization:
C$27.01 Billion
CAD as of Jan. 1, 2024
US$20.39 Billion
Fortis Inc. Main Stock Listing
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
NextEra Energy
|
$127.19 B |
|
The Southern Company
|
$78.21 B |
|
Duke Energy Corporation
|
$76.13 B |
|
PG&E Corporation
|
$45.71 B |
|
American Electric Power Company, Inc.
|
$43.85 B |
Sector: Utilities
| Company | Market Cap (USD) |
|---|---|
|
NextEra Energy
|
$127.19 B |
China Yangtze Power Co. Ltd
|
$82.16 B |
Iberdrola, SA
|
$81.95 B |
|
The Southern Company
|
$78.21 B |
|
Duke Energy Corporation
|
$76.13 B |
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Company Description
Fortis Inc. is a diversified electric utility holding company. Originally separated from Newfoundland Light & Power Co., Fortis operates a number of regulated electric utility companies in Canada, the United States, Central America, and the Caribbean. Besides, Fortis is also involved through unregulated subsidiaries in hydropower generation in New York state and central Newfoundland and the supply of petroleum in the eastern United States.
Canada
Stocks & Indices
Fortis Inc. has the following listings and related stock indices.
Stock: TSX: FTS
Stock: FSX: 12F
Stock: TSX: FTS.PR.F
Stock: TSX: FTS.PR.G
Stock: TSX: FTS.PR.H
Stock: TSX: FTS.PR.I
Stock: TSX: FTS.PR.J
Stock: TSX: FTS.PR.K
Stock: NYSE: FTS
Stock: TSX: FTS.PR.M
What is a company's market capitalization?
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.