Fortis Company Insiders
| FTS Stock | USD 39.16 0.06 0.15% |
Fortis employs about 9.6 K people. The company is managed by 41 executives with a total tenure of roughly 278 years, averaging almost 6.0 years of service per executive, having 234.1 employees per reported executive. Breaking down Fortis' management performance can provide insight into the firm performance.
| Barry Perry CEO President, Chief Executive Officer, Director |
| Douglas Haughey Chairman Independent Non-Executive Chairman of the Board |
Fortis |
Fortis Management Team Effectiveness
The company has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0741 %, implying that it generated $0.0741 on every 100 dollars invested. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Fortis' Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.31 in 2024, whereas Intangible Assets are likely to drop slightly above 797 M in 2024.Fortis Quarterly Income Before Tax |
|
Fortis Workforce Comparison
Fortis Inc is rated # 5 in number of employees category among related companies. The total workforce of Utilities industry is currently estimated at about 99,990. Fortis holds roughly 9,598 in number of employees claiming about 10% of Utilities industry.
Fortis Profit Margins
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.28 %, which entails that for every 100 dollars of revenue, it generated $0.28 of operating income.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.49 | 0.6726 |
|
| |||||
| Net Profit Margin | 0.0776 | 0.1366 |
|
| |||||
| Operating Profit Margin | 0.18 | 0.2678 |
|
| |||||
| Pretax Profit Margin | 0.1 | 0.1797 |
|
| |||||
| Return On Assets | 0.0278 | 0.0239 |
|
| |||||
| Return On Equity | 0.088 | 0.0731 |
|
|
Fortis Inc Benchmark Summation
Operator |
The output start index for this execution was zero with a total number of output elements of sixty-one. Fortis Inc Price Series Summation is a cross summation of Fortis price series and its benchmark/peer.
Fortis Notable Stakeholders
A Fortis stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Fortis often face trade-offs trying to please all of them. Fortis' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Fortis' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Barry Perry | President, Chief Executive Officer, Director | Profile | |
| Douglas Haughey | Independent Non-Executive Chairman of the Board | Profile | |
| Gary Smith | Executive Vice President - Eastern Canadian and Caribbean Operations | Profile | |
| Jocelyn Perry | Chief Financial Officer, Executive Vice President | Profile | |
| Earl Ludlow | Executive Vice President - Eastern Canadian and Caribbean Operations | Profile | |
| James Laurito | Executive Vice President - Business Development, Chief Technology Officer | Profile | |
| Ronald Hinsley | Chief Information Officer, Vice President | Profile | |
| Karl Smith | Executive Vice President CFO | Profile | |
| David Hutchens | Chief Operating Officer, Executive Vice President - Western Utility Operations, Fortis | Profile | |
| Karen Gosse | Vice President - Planning and Forecasting | Profile | |
| Alphonse Delaney | Executive Vice President, Chief Information Officer | Profile | |
| Jamie Roberts | Vice President Controller | Profile | |
| Janet Craig | Vice President of Investor Relations | Profile | |
| Stephanie Amaimo | Vice President - Investor Relations | Profile | |
| Regan ODea | Vice President, General Counsel - Corporate | Profile | |
| David Bennett | Vice President Chief Legal Officer and Corporate Secretary | Profile | |
| James Spinney | Vice President Treasurer | Profile | |
| Phonse Delaney | Executive Vice President, Chief Information Officer | Profile | |
| James Reid | Executive Vice President Chief Legal Officer and Corporate Secretary | Profile | |
| Nora Duke | Executive Vice President - Corporate Services and Chief Human Resource Officer | Profile | |
| Julie Dobson | Independent Director | Profile | |
| Lawrence Borgard | Independent Director | Profile | |
| Joseph Welch | Non - Independent Director | Profile | |
| Jo Zurel | Independent Director | Profile | |
| Ida Goodreau | Independent Director | Profile | |
| Margarita Dilley | Independent Director | Profile | |
| Maura Clark | Independent Director | Profile | |
| Harry McWatters | Independent Director | Profile | |
| Pierre Blouin | Independent Director | Profile | |
| Paul Bonavia | Independent Director | Profile | |
| Ronald Munkley | Independent Director | Profile | |
| Peter Case | Independent Director | Profile | |
| Tracey Ball | Independent Director | Profile | |
| Susan Gray | Ex Operations | Profile | |
| Karen Mccarthy | Vice President - Communications and Corporate Affairs | Profile | |
| Lisa Durocher | Director | Profile | |
| Kevin Woodbury | Vice Technology | Profile | |
| Tanya Finlay | Vice Culture | Profile | |
| Stuart Lochray | Senior Development | Profile | |
| Gianna Manes | Director | Profile | |
| MEd BPR | Vice Relations | Profile |
About Fortis Management Performance
The success or failure of an entity such as Fortis Inc often depends on how effective the management is. Fortis management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Fortis management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Fortis management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.07 | 0.09 |
The data published in Fortis' official financial statements usually reflect Fortis' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Fortis Inc. For example, before you start analyzing numbers published by Fortis accountants, it's critical to develop an understanding of what Fortis' liquidity, profitability, and earnings quality are in the context of the Electric Utilities space in which it operates.
Please note, the presentation of Fortis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortis' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Fortis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortis Inc. Please utilize our Beneish M Score to check the likelihood of Fortis' management manipulating its earnings.
Fortis Workforce Analysis
Traditionally, organizations such as Fortis use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Fortis within its industry.Fortis Manpower Efficiency
Return on Fortis Manpower
| Revenue Per Employee | 1.2M | |
| Revenue Per Executive | 280.9M | |
| Net Income Per Employee | 178.2K | |
| Net Income Per Executive | 41.7M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Fortis Stock analysis
When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is Fortis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortis. If investors know Fortis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.013 | Dividend Share 2.285 | Earnings Share 2.26 | Revenue Per Share 23.683 | Quarterly Revenue Growth (0.09) |
The market value of Fortis Inc is measured differently than its book value, which is the value of Fortis that is recorded on the company's balance sheet. Investors also form their own opinion of Fortis' value that differs from its market value or its book value, called intrinsic value, which is Fortis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortis' market value can be influenced by many factors that don't directly affect Fortis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.