Fortis (FTSN) Ratios
Fortis Ratios
MX:FTSN's free cash flow for Q2 2026 was $-472.00M. For the 2026 fiscal year, MX:FTSN's free cash flow was decreased by $-1.60B and operating cash flow was $1.13B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.51 | 0.63 | 0.67 | 0.65 | 0.57 |
| Quick Ratio | 0.42 | 0.52 | 0.58 | 0.55 | 0.47 |
| Cash Ratio | 0.05 | 0.04 | 0.10 | 0.03 | 0.03 |
| Solvency Ratio | 0.08 | 0.07 | 0.08 | 0.07 | 0.07 |
| Operating Cash Flow Ratio | 0.54 | 0.64 | 0.59 | 0.46 | 0.61 |
| Short-Term Operating Cash Flow Coverage | 1.14 | 1.84 | 1.46 | 1.12 | 1.54 |
| Net Current Asset Value | $ -45.16B | $ -45.41B | $ -40.06B | $ -38.76B | $ -35.37B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.46 | 0.45 | 0.45 | 0.44 | 0.44 |
| Debt-to-Equity Ratio | 1.46 | 1.42 | 1.40 | 1.38 | 1.35 |
| Debt-to-Capital Ratio | 0.59 | 0.59 | 0.58 | 0.58 | 0.57 |
| Long-Term Debt-to-Capital Ratio | 0.56 | 0.57 | 0.56 | 0.55 | 0.55 |
| Financial Leverage Ratio | 3.14 | 3.15 | 3.13 | 3.13 | 3.06 |
| Debt Service Coverage Ratio | 1.09 | 1.41 | 1.22 | 1.09 | 1.31 |
| Interest Coverage Ratio | 2.36 | 2.34 | 2.36 | 2.49 | 2.46 |
| Debt to Market Cap | 0.95 | 1.13 | 1.11 | 1.11 | 0.89 |
| Interest Debt Per Share | 71.80 | 70.93 | 64.43 | 62.97 | 57.23 |
| Net Debt to EBITDA | 5.83 | 6.33 | 5.98 | 6.41 | 6.42 |
| Profitability Margins | |||||
| Gross Profit Margin | 72.30% | 45.35% | 42.17% | 39.92% | 42.06% |
| EBIT Margin | 31.49% | 29.24% | 27.32% | 25.65% | 26.61% |
| EBITDA Margin | 48.39% | 45.99% | 42.71% | 40.75% | 42.54% |
| Operating Profit Margin | 28.69% | 28.61% | 26.78% | 24.81% | 26.13% |
| Pretax Profit Margin | 19.34% | 18.89% | 17.97% | 16.33% | 17.35% |
| Net Profit Margin | 14.78% | 14.60% | 13.66% | 12.62% | 13.70% |
| Continuous Operations Profit Margin | 16.11% | 15.88% | 14.85% | 13.71% | 14.87% |
| Net Income Per EBT | 76.42% | 77.28% | 75.99% | 77.32% | 78.95% |
| EBT Per EBIT | 67.41% | 66.04% | 67.12% | 65.80% | 66.38% |
| Return on Assets (ROA) | 2.40% | 2.24% | 2.33% | 2.12% | 2.19% |
| Return on Equity (ROE) | 7.56% | 7.06% | 7.31% | 6.63% | 6.71% |
| Return on Capital Employed (ROCE) | 5.19% | 4.77% | 5.02% | 4.62% | 4.55% |
| Return on Invested Capital (ROIC) | 4.10% | 3.89% | 3.99% | 3.71% | 3.77% |
| Return on Tangible Assets | 2.97% | 2.79% | 2.93% | 2.69% | 2.82% |
| Earnings Yield | 5.01% | 5.68% | 5.91% | 5.38% | 4.50% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.15 | 6.90 | 7.08 | 6.28 | 7.45 |
| Payables Turnover | 2.94 | 5.61 | 6.73 | 7.58 | 7.18 |
| Inventory Turnover | 5.19 | 9.18 | 11.77 | 10.04 | 11.45 |
| Fixed Asset Turnover | 0.24 | 0.23 | 0.27 | 0.26 | 0.25 |
| Asset Turnover | 0.16 | 0.15 | 0.17 | 0.17 | 0.16 |
| Working Capital Turnover Ratio | -4.09 | -5.51 | -5.37 | -4.99 | -5.23 |
| Cash Conversion Cycle | -9.25 | 27.63 | 28.33 | 46.37 | 30.09 |
| Days of Sales Outstanding | 44.78 | 52.94 | 51.56 | 58.14 | 49.02 |
| Days of Inventory Outstanding | 70.27 | 39.76 | 31.02 | 36.36 | 31.87 |
| Days of Payables Outstanding | 124.30 | 65.06 | 54.26 | 48.13 | 50.81 |
| Operating Cycle | 115.05 | 92.69 | 82.58 | 94.50 | 80.90 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 8.07 | 7.84 | 7.29 | 6.42 | 6.17 |
| Free Cash Flow Per Share | -4.31 | -2.70 | -1.28 | -1.65 | -1.02 |
| Dividend Paid and CapEx Coverage Ratio | 0.57 | 0.64 | 0.72 | 0.67 | 0.72 |
| Capital Expenditure Coverage Ratio | 0.65 | 0.74 | 0.85 | 0.80 | 0.86 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 |
| Operating Cash Flow to Sales Ratio | 0.33 | 0.34 | 0.31 | 0.28 | 0.31 |
| Free Cash Flow Yield | -6.05% | -4.52% | -2.35% | -3.05% | -1.67% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 20.99 | 18.44 | 16.91 | 18.60 | 22.21 |
| Price-to-Sales (P/S) Ratio | 2.95 | 2.57 | 2.31 | 2.35 | 3.04 |
| Price-to-Book (P/B) Ratio | 1.51 | 1.24 | 1.24 | 1.23 | 1.49 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -16.54 | -22.13 | -42.64 | -32.78 | -60.00 |
| Price-to-Operating Cash Flow Ratio | 8.85 | 7.62 | 7.51 | 8.44 | 9.89 |
| Price-to-Earnings Growth (PEG) Ratio | 4.25 | 4.08 | 1.47 | 2.86 | 57.74 |
| Enterprise Value Multiple | 11.93 | 11.91 | 11.39 | 12.17 | 13.57 |
| Enterprise Value | 70.24B | 63.05B | 56.01B | 54.76B | 54.56B |
| EV to EBITDA | 11.93 | 11.91 | 11.39 | 12.17 | 13.57 |
| EV to Sales | 5.77 | 5.48 | 4.86 | 4.96 | 5.77 |
| EV to Free Cash Flow | -32.34 | -47.19 | -89.76 | -69.22 | -113.89 |
| EV to Operating Cash Flow | 17.29 | 16.24 | 15.80 | 17.81 | 18.77 |
| Tangible Book Value Per Share | 23.08 | 22.38 | 19.82 | 18.45 | 16.68 |
| Shareholders’ Equity Per Share | 47.29 | 48.10 | 44.22 | 43.94 | 40.96 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.16 | 0.17 | 0.16 | 0.14 |
| Revenue Per Share | 24.17 | 23.25 | 23.68 | 23.07 | 20.06 |
| Net Income Per Share | 3.57 | 3.39 | 3.23 | 2.91 | 2.75 |
| Tax Burden | 0.76 | 0.77 | 0.76 | 0.77 | 0.79 |
| Interest Burden | 0.61 | 0.65 | 0.66 | 0.64 | 0.65 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.07 | 2.31 | 2.25 | 2.21 | 2.25 |
Currency in CAD
