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:
Brookfield Infrastructure Partners L.P.
sales of 4.58 billion Canadian Dollars [US$3.54 billion]
of which 45%
Hydro One Ltd
(5.99 billion Canadian Dollars [US$4.64 billion]
of which 73%
was Distribution), and
(6.23 billion Canadian Dollars [US$4.82 billion]
of which 58%
was Emera Florida).
During the year ended December of 2017, sales at
Fortis Inc. were C$8.30 billion (US$6.42 billion).
increase of 21.4%
versus 2016, when the company's sales were C$6.84 billion.
This was the fifth consecutive year of sales increases at Fortis Inc.
(and since 2012, sales have increased a total of 127%).
Sales of Itc saw an increase
that was more than double the company's growth rate: sales were up
371.6% in 2017, from
C$334.00 million to C$1.58 billion.
Not all segments of Fortis Inc. experienced an increase in sales in 2017:
sales of Electric - Eastern Canadian fell 0.1% to C$1.06 billion.