Fortis (FTS) EV to EBIT (2016 - 2026)
Fortis' EV to EBIT was 11.97 in the quarter ended Jun 30, 2026, up 17.2% from 10.21 a year earlier and up 2.4% from the prior quarter.
Fortis (FTS) EV to EBIT (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fortis' EV to EBIT was 11.65 through Jun 30, 2026, up 17.7% year-over-year; for the year ended Dec 31, 2025, it came in at 11.03, up 17.8% from the prior year.
- In earlier years, EV to EBIT was 9.36 in the year ended Dec 31, 2024 (+1.6%), 9.22 in the year ended Dec 31, 2023 (-5.4%), 9.75 in the year ended Dec 31, 2022 (-20.8%) and 12.31 in the year ended Dec 31, 2021 (+17.9%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly EV to EBIT since the quarter ended Mar 31, 2022.
- Compared with a year earlier, EV to EBIT has increased for six straight quarters, with growth averaging 13.8% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was the quarter ended Jun 30, 2025 (growth of 21.0%); the worst was the quarter ended Sep 30, 2021 (a decline of 68.4%).
- Per Business Quant data, FTS's EV to EBIT in the three quarters before the quarter ended Jun 30, 2026 was 11.69 (quarter ended Mar 31, 2026), 11.04 (quarter ended Dec 31, 2025) and 10.65 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - |
| 10 | Dte Energy | 25.14 Bn | 24.62 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.97 |
| Mar 31, 2026 | 11.69 |
| Dec 31, 2025 | 11.04 |
| Sep 30, 2025 | 10.65 |
| Jun 30, 2025 | 10.21 |
| Mar 31, 2025 | 9.85 |
| Dec 31, 2024 | 9.17 |
| Sep 30, 2024 | 9.93 |
| Jun 30, 2024 | 8.44 |
| Mar 31, 2024 | 8.77 |
| Dec 31, 2023 | 9.22 |
| Sep 30, 2023 | 8.68 |
| Jun 30, 2023 | 9.86 |
| Mar 31, 2023 | 9.81 |
| Dec 31, 2022 | 9.73 |
| Sep 30, 2022 | 8.67 |
| Jun 30, 2022 | 11.74 |
| Mar 31, 2022 | 12.41 |
| Dec 31, 2021 | 12.25 |
| Sep 30, 2021 | 11.15 |
Fortis EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=FTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();