All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
FORTIS INC. Last Reported: 12/31/2023 Stock Symbol: FTS

Business Address

5 SPRINGDALE STREET
FORTIS PLACE, SUITE 1100
ST. JOHN'S , NL CA A1B 3T2

Mailing Address

5 SPRINGDALE STREET
FORTIS PLACE, SUITE 1100
ST. JOHN'S , NL CA A1B 3T2
Phone Number: 709 737-2800 / State Incorporated: NL / Fiscal Year End 12 /31

Balance Sheet

Date 6/30/2023 6/30/2022 6/30/2021 12/31/2020 6/30/2020 12/31/2019 6/30/2019 12/31/2018 6/30/2018 3/31/2018 12/31/2017 6/30/2017 3/31/2017 12/31/2016 9/30/2016 6/30/2016 3/31/2016 12/31/2015 12/31/2014
Cash and Cash Equivalents $690,000,000.00 $338,000,000.00 $599,000,000.00 $249,000,000.00 $380,000,000.00 $370,000,000.00 $191,000,000.00 $332,000,000.00 $197,000,000.00 $333,000,000.00 $327,000,000.00 $231,000,000.00 $298,000,000.00 $269,000,000.00 -- $296,000,000.00 $232,000,000.00 $242,000,000.00 $230,000,000.00
Accounts Receivable Net Current -- -- -- $1,102,000,000.00 -- $1,070,000,000.00 -- $1,080,000,000.00 $947,000,000.00 -- $991,000,000.00 -- -- -- -- -- -- -- --
Inventory -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $4,257,000,000.00 $3,183,000,000.00 $3,031,000,000.00 $2,612,000,000.00 $2,481,000,000.00 $2,574,000,000.00 $2,125,000,000.00 $3,261,000,000.00 $2,069,000,000.00 -- $2,207,000,000.00 $2,063,000,000.00 -- $2,166,000,000.00 -- -- -- $1,857,000,000.00 --
Property Plant and Equipement -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Intangible Assets Net $1,492,000,000.00 $1,394,000,000.00 $1,274,000,000.00 $1,291,000,000.00 $1,341,000,000.00 $1,260,000,000.00 $1,156,000,000.00 $1,200,000,000.00 $1,165,000,000.00 -- $1,081,000,000.00 $1,040,000,000.00 -- $1,011,000,000.00 -- -- -- $541,000,000.00 --
Goodwill $12,183,000,000.00 $11,911,000,000.00 $11,526,000,000.00 $11,792,000,000.00 $12,482,000,000.00 $12,004,000,000.00 $12,092,000,000.00 $12,530,000,000.00 $12,150,000,000.00 -- $11,644,000,000.00 $11,991,000,000.00 -- $12,364,000,000.00 -- $4,018,000,000.00 -- $4,173,000,000.00 $3,732,000,000.00
Other Assets $1,146,000,000.00 $1,076,000,000.00 $706,000,000.00 $670,000,000.00 $686,000,000.00 $620,000,000.00 $617,000,000.00 $552,000,000.00 $526,000,000.00 -- $480,000,000.00 $451,000,000.00 -- $406,000,000.00 -- -- -- $352,000,000.00 --
Total Assets $64,081,000,000.00 $59,954,000,000.00 $55,895,000,000.00 $55,481,000,000.00 $56,205,000,000.00 $53,404,000,000.00 $51,699,000,000.00 $53,051,000,000.00 $50,249,000,000.00 -- $47,822,000,000.00 $47,581,000,000.00 -- $47,904,000,000.00 -- $28,623,000,000.00 -- $28,804,000,000.00 --
Accounts Payable -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accrued Liabilities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Liabilities $40,904,000,000.00 $38,094,000,000.00 $35,373,000,000.00 $35,197,000,000.00 $35,022,000,000.00 $33,291,000,000.00 $32,885,000,000.00 $34,595,000,000.00 $32,385,000,000.00 -- $31,073,000,000.00 $30,437,000,000.00 -- $31,454,000,000.00 -- -- -- $18,451,000,000.00 --
Long Term Debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- -- $11,000,000.00 $10,000,000.00 -- $10,000,000.00 $9,000,000.00 -- $12,000,000.00 -- -- -- $14,000,000.00 --
Accumulated Other Comprehensive Loss $669,000,000.00 $235,000,000.00 $-299,000,000.00 $34,000,000.00 $905,000,000.00 $336,000,000.00 $468,000,000.00 $928,000,000.00 $540,000,000.00 -- $61,000,000.00 $407,000,000.00 -- $745,000,000.00 -- -- -- $791,000,000.00 --
Accumulated Deficit $4,190,000,000.00 $3,837,000,000.00 $3,581,000,000.00 $3,210,000,000.00 $3,279,000,000.00 $2,916,000,000.00 $2,919,000,000.00 $2,082,000,000.00 $2,110,000,000.00 -- $1,727,000,000.00 $1,840,000,000.00 -- $1,455,000,000.00 -- -- -- $1,388,000,000.00 --
Total Stockholders' Equity $21,379,000,000.00 $20,168,000,000.00 $18,953,000,000.00 $18,697,000,000.00 $19,525,000,000.00 $18,531,000,000.00 $17,259,000,000.00 $16,533,000,000.00 $16,014,000,000.00 -- $15,003,000,000.00 $15,314,000,000.00 -- $14,597,000,000.00 -- -- -- $9,880,000,000.00 --
Controlling Interest in Subsidiaries $1,798,000,000.00 $1,692,000,000.00 $1,569,000,000.00 $1,587,000,000.00 $1,658,000,000.00 $1,582,000,000.00 $1,555,000,000.00 $1,923,000,000.00 $1,850,000,000.00 -- $1,746,000,000.00 $1,830,000,000.00 -- $1,853,000,000.00 -- -- -- $473,000,000.00 --
Total Liabilities and Equity $64,081,000,000.00 $59,954,000,000.00 $55,895,000,000.00 $55,481,000,000.00 $56,205,000,000.00 $53,404,000,000.00 $51,699,000,000.00 $53,051,000,000.00 $50,249,000,000.00 -- $47,822,000,000.00 $47,581,000,000.00 -- $47,904,000,000.00 -- -- -- $28,804,000,000.00 --

Statement of Operations

Date 6/30/2023 6/30/2022 6/30/2021 12/31/2020 6/30/2020 12/31/2019 6/30/2019 12/31/2018 6/30/2018 3/31/2018 12/31/2017 6/30/2017 3/31/2017 12/31/2016 9/30/2016 6/30/2016 3/31/2016 12/31/2015 12/31/2014
Total Revenues $5,913,000,000.00 $5,322,000,000.00 $4,669,000,000.00 $8,935,000,000.00 $2,077,000,000.00 $8,783,000,000.00 $4,406,000,000.00 $8,390,000,000.00 $4,144,000,000.00 -- $8,301,000,000.00 $4,289,000,000.00 -- $6,838,000,000.00 -- $3,257,000,000.00 -- $6,757,000,000.00 --
Cost of Revenues -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Gross Profit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Research and Development -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Selling, General, and Administrative -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Operating Expenses $713,000,000.00 $1,328,000,000.00 $1,261,000,000.00 $2,437,000,000.00 $599,000,000.00 $2,452,000,000.00 $1,219,000,000.00 $2,287,000,000.00 $1,106,000,000.00 -- $2,261,000,000.00 $1,153,000,000.00 -- $2,031,000,000.00 -- $454,000,000.00 -- $1,874,000,000.00 --
Loss from Operations $654,000,000.00 $1,290,000,000.00 $557,000,000.00 $2,508,000,000.00 $1,256,000,000.00 $3,038,000,000.00 $1,110,000,000.00 $2,365,000,000.00 $1,191,000,000.00 -- $2,500,000,000.00 $622,000,000.00 -- $1,483,000,000.00 -- $311,000,000.00 -- $1,419,000,000.00 --
Loss Before Income Taxes $979,000,000.00 $843,000,000.00 $810,000,000.00 $1,620,000,000.00 $793,000,000.00 $2,141,000,000.00 $1,312,000,000.00 $1,451,000,000.00 $739,000,000.00 -- $1,713,000,000.00 $414,000,000.00 -- $858,000,000.00 -- $170,000,000.00 -- $1,063,000,000.00 --
Earnings Per Share Basic $0.61 $1.33 $1.30 $2.60 $1.26 $3.79 $2.39 $2.59 $0.57 -- $2.32 $0.62 -- $1.89 -- $0.95 -- $2.61 --
Weighted Average Shares Basic 485,400,000 476,800,000 470,200,000 464,800,000 464,200,000 436,800,000 431,300,000 424,700,000 423,800,000 -- 415,500,000 416,800,000 -- 308,900,000 -- 283,000,000 -- 278,600,000 --
Earnings Per Share Diluted $1.51 $1.33 $1.30 $2.60 $0.59 $3.78 $2.39 $2.59 $1.33 -- $2.31 $0.62 -- $1.89 -- $0.95 -- $2.59 --
Weighted Average Shares Diluted 484,600,000 477,300,000 470,600,000 465,400,000 465,200,000 437,500,000 433,700,000 425,200,000 423,400,000 -- 416,200,000 412,100,000 -- 313,400,000 -- 289,200,000 -- 284,700,000 --
Common Stock Shares Authorized -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Common Stock Shares Outstanding 486,400,000 478,700,000 471,200,000 466,800,000 464,600,000 463,300,000 435,800,000 428,500,000 424,800,000 -- 421,100,000 417,900,000 -- 401,500,000 -- -- -- 281,600,000 --
Common Stock Value $14,889,000,000.00 $14,465,000,000.00 $14,040,000,000.00 $13,819,000,000.00 $13,708,000,000.00 $13,645,000,000.00 $12,238,000,000.00 $11,889,000,000.00 $11,731,000,000.00 -- $11,582,000,000.00 $11,435,000,000.00 -- $10,762,000,000.00 -- -- -- $5,867,000,000.00 --
Common Stock Par Or Stated Value Per Share -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Payments Of Dividends Common Stock $172,000,000.00 $324,000,000.00 $297,000,000.00 $786,000,000.00 $424,000,000.00 $494,000,000.00 $118,000,000.00 $459,000,000.00 $230,000,000.00 -- $419,000,000.00 $104,000,000.00 -- $316,000,000.00 -- $147,000,000.00 -- $232,000,000.00 --
Preferred Stock Shares Authorized -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Outstanding -- -- -- 66,200,000 -- 66,200,000 -- 66,200,000 -- -- 66,200,000 -- -- 66,200,000 -- -- -- 74,194,000 --
Preferred Stock Value $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 $1,623,000,000.00 -- $1,623,000,000.00 $1,623,000,000.00 -- $1,623,000,000.00 -- -- -- $1,820,000,000.00 --
Preferred Stock Par Or Stated Value Per Share -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Share Price -- -- -- -- -- -- -- -- -- -- -- -- -- -- $40.96 -- -- -- --
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