Fortis Inc. operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortis Inc. with three other
companies in this sector in Canada:
Hydro One Ltd
sales of 6.54 billion Canadian Dollars [US$4.96 billion]
of which 76%
Canadian Utilities Limited
(3.26 billion Canadian Dollars [US$2.48 billion]
of which 54%
was Electricity), and
Just Energy Group Incorporation
(3.90 billion Canadian Dollars [US$2.96 billion]
of which 54%
was Consumer Division(Gas)).
During the year ended December of 2015, sales at
Fortis Inc. were C$6.73 billion (US$5.10 billion).
increase of 24.6%
versus 2014, when the company's sales were C$5.40 billion.
This was the third consecutive year of growth at Fortis Inc..
Sales of Uns Energy saw an increase
that was more than double the company's growth rate: sales were up
197.4% in 2015, from
C$684.00 million to C$2.03 billion.
Fortis Inc. also saw significant increases in sales in
Energy Infrastructure (up 181.6% to C$107.00 million)
Not all segments of Fortis Inc. experienced an increase in sales in 2015:
sales of Non-Utility fell 31.3% to C$171.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Fortis Inc. also experienced decreases in sales in
Fortisbc Energy (down 9.8% to C$1.30 billion)