FTS vs. NEE: Fortis vs. NextEra Energy Stock Comparison
How do Fortis (FTS) and NextEra Energy (NEE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Fortis (FTS) and NextEra Energy (NEE) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | FTS | NEE |
|---|---|---|
| Name | Fortis Inc. | NextEra Energy Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 31.00 billion USD | 182.36 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 5, 2010 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTS | NEE |
|---|---|---|
| Total Return (1Y) | 19.13% | 7.27% |
| Total Return (3Y, Annualized) | 17.59% | 20.47% |
| Total Return (5Y, Annualized) | 9.53% | 3.34% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
NextEra Energy (NEE) is heavily traded at around 11.90M shares per day, whereas Fortis (FTS) sees a more moderate 879.23K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | FTS | NEE |
|---|---|---|
| Volatility (1Y, Annualized) | 14.85% | 21.60% |
| Beta (5Y) | 0.40 | 0.59 |
| Max Drawdown (5Y) | -30.13% | -44.97% |
| Avg. Volume (3M) | 879.23K | 11.90M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTS | NEE |
|---|---|---|
| Sharpe Ratio (1Y) | 1.00 | 0.14 |
| Sortino Ratio (1Y) | 1.53 | 0.21 |
Profitability
ROE (TTM)
NextEra Energy (NEE) at 14.06% sits in the top ROE quartile, while Fortis (FTS) at 7.55% is in the bottom quartile, showing a clear gap in returns on equity.
FTS
Utilities industry group
7.55%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- FTS
- 7.55%
- Min
- 2.17%
NEE
Utilities industry group
14.06%
- Max
- 17.99%
- NEE
- 14.06%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
NextEra Energy (NEE) at 40.37% converts revenue to bottom-line profit above its industry’s benchmark range, while Fortis (FTS) at 15.01% keeps roughly the typical share for its industry.
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
NEE
Utilities industry group
40.37%
- NEE
- 40.37%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
NextEra Energy (NEE) at 33.00% operates in the top operating margin quartile, ahead of Fortis (FTS) at 30.69%, which runs around its industry’s norm.
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
NEE
Utilities industry group
33.00%
- Max
- 53.83%
- NEE
- 33.00%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | FTS | NEE |
|---|---|---|
| ROE (TTM) | 7.55% | 14.06% |
| ROA (TTM) | 2.93% | 2.41% |
| Net Margin (TTM) | 15.01% | 40.37% |
| Operating Margin (TTM) | 30.69% | 33.00% |
| Gross Margin (TTM) | 45.52% | 60.17% |
Growth
Revenue Growth
Both Fortis (FTS) at 5.75% and NextEra Energy (NEE) at 10.74% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Fortis (FTS) at 4.94% and NextEra Energy (NEE) at -2.63% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FTS | NEE |
|---|---|---|
| Revenue Growth (YoY) | 5.75% | 10.74% |
| Revenue Growth (3Y CAGR) | 3.29% | 9.36% |
| EPS Growth (YoY) | 4.94% | -2.63% |
| EPS Growth (3Y CAGR) | 6.94% | 16.28% |
Financial Strength
Current Ratio (MRQ)
Fortis (FTS) at 0.69 keeps current ratio within its industry’s typical mid-range, while NextEra Energy (NEE) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NEE.
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
NEE
Utilities industry group
0.53
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- NEE
- 0.53
- Min
- 0.29
Debt / Equity (MRQ)
Both Fortis (FTS) at 1.35 and NextEra Energy (NEE) at 1.53 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
FTS
Utilities industry group
1.35
- Max
- 2.63
- Q3
- 1.77
- FTS
- 1.35
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
NEE
Utilities industry group
1.53
- Max
- 2.63
- Q3
- 1.77
- NEE
- 1.53
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | FTS | NEE |
|---|---|---|
| Current Ratio (MRQ) | 0.69 | 0.53 |
| Debt / Equity (MRQ) | 1.35 | 1.53 |
| Net Debt / EBITDA | 6.22 | 8.09 |
Dividends
Dividend Yield (TTM)
Fortis (FTS) at 4.18% delivers top-quartile income for its industry, while NextEra Energy (NEE) at 2.76% pays a more typical yield — both are credible income propositions, FTS the richer one.
FTS
Utilities industry group
4.18%
- Max
- 6.66%
- FTS
- 4.18%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
NEE
Utilities industry group
2.76%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- NEE
- 2.76%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
NextEra Energy (NEE) at 43.89% pays out a band-typical share of earnings, while Fortis (FTS) at 72.73% distributes more than its industry norm — less retained, thinner cover.
FTS
Utilities industry group
72.73%
- Max
- 113.04%
- FTS
- 72.73%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
NEE
Utilities industry group
43.89%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- NEE
- 43.89%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | FTS | NEE |
|---|---|---|
| Dividend Yield (TTM) | 4.18% | 2.76% |
| Dividend Payout Ratio (TTM) | 72.73% | 43.89% |
Valuation
P/E Ratio (TTM)
NextEra Energy (NEE) at 15.67 is near its industry’s usual P/E ratio, while Fortis (FTS) at 23.66 sits in the richer quartile — FTS needs stronger growth or earnings quality to justify the premium.
FTS
Utilities industry group
23.66
- Max
- 31.22
- FTS
- 23.66
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
NEE
Utilities industry group
15.67
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- NEE
- 15.67
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Fortis (FTS) at 2.47 is priced about in line with its industry on P/S ratio, while NextEra Energy (NEE) at 6.33 sits in the pricier quartile — NEE costs more per dollar of sales.
FTS
Utilities industry group
2.47
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- FTS
- 2.47
- Q1
- 1.52
- Min
- 0.00
NEE
Utilities industry group
6.33
- Max
- 6.35
- NEE
- 6.33
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Fortis (FTS) at 1.79 is valued about in line with its industry on P/B ratio, while NextEra Energy (NEE) at 2.97 carries an above-peer premium to book — NEE is pricier on assets.
FTS
Utilities industry group
1.79
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- FTS
- 1.79
- Q1
- 1.46
- Min
- 0.34
NEE
Utilities industry group
2.97
- Max
- 3.12
- NEE
- 2.97
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | FTS | NEE |
|---|---|---|
| P/E Ratio (TTM) | 23.66 | 15.67 |
| P/S Ratio (TTM) | 2.47 | 6.33 |
| P/B Ratio (MRQ) | 1.79 | 2.97 |
| Free Cash Flow Yield (TTM) | -9.42% | -11.63% |