Fortis Inc. FTS.TO TSX

Fortis Inc. (FTS.TO) generated $1.02B in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $1.69B, free cash flow was $-676M.

Free cash flow margin was -22% of revenue. Cash conversion ratio was 2.1x, indicating earnings are backed by cash.

The company returned $207M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (84/100, Pass) — $-676M (-22% margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 2.1x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 58/100 with 3/7 criteria passed.