FTS vs. WEC: Fortis vs. WEC Energy Stock Comparison
How do Fortis (FTS) and WEC Energy (WEC) 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 WEC Energy (WEC) both fall under the Utilities industry group, but FTS is classified in Electric Utilities while WEC is classified in Multi-Utilities.
| Profile Item | FTS | WEC |
|---|---|---|
| Name | Fortis Inc. | WEC Energy Group Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Multi-Utilities |
| GICS Sub-Industry | Electric Utilities | Multi-Utilities |
| Market Capitalization | 31.00 billion USD | 38.12 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 5, 2010 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTS | WEC |
|---|---|---|
| Total Return (1Y) | 19.13% | 7.80% |
| Total Return (3Y, Annualized) | 17.59% | 18.04% |
| Total Return (5Y, Annualized) | 9.53% | 9.22% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FTS | WEC |
|---|---|---|
| Volatility (1Y, Annualized) | 14.85% | 17.21% |
| Beta (5Y) | 0.40 | 0.43 |
| Max Drawdown (5Y) | -30.13% | -26.02% |
| Avg. Volume (3M) | 879.23K | 2.71M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTS | WEC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.00 | 0.20 |
| Sortino Ratio (1Y) | 1.53 | 0.31 |
Profitability
ROE (TTM)
WEC Energy (WEC) at 12.49% 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%
WEC
Utilities industry group
12.49%
- Max
- 17.99%
- WEC
- 12.49%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
WEC Energy (WEC) at 17.53% retains a top-quartile share of revenue as profit, ahead of Fortis (FTS) at 15.01%, which keeps about the industry-typical share.
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
WEC
Utilities industry group
17.53%
- Max
- 28.78%
- WEC
- 17.53%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Fortis (FTS) at 30.69% and WEC Energy (WEC) at 25.44% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
WEC
Utilities industry group
25.44%
- Max
- 53.83%
- Q3
- 31.12%
- WEC
- 25.44%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | FTS | WEC |
|---|---|---|
| ROE (TTM) | 7.55% | 12.49% |
| ROA (TTM) | 2.93% | 3.08% |
| Net Margin (TTM) | 15.01% | 17.53% |
| Operating Margin (TTM) | 30.69% | 25.44% |
| Gross Margin (TTM) | 45.52% | 42.36% |
Growth
Revenue Growth
WEC Energy (WEC) at 13.96% sits in the top revenue growth quartile, while Fortis (FTS) at 5.75% is closer to the peer norm — faster top-line expansion for WEC.
EPS Growth
Both Fortis (FTS) at 4.94% and WEC Energy (WEC) at -0.41% 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 | WEC |
|---|---|---|
| Revenue Growth (YoY) | 5.75% | 13.96% |
| Revenue Growth (3Y CAGR) | 3.29% | 0.70% |
| EPS Growth (YoY) | 4.94% | -0.41% |
| EPS Growth (3Y CAGR) | 6.94% | 2.63% |
Financial Strength
Current Ratio (MRQ)
Fortis (FTS) at 0.69 keeps current ratio within its industry’s typical mid-range, while WEC Energy (WEC) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WEC.
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
WEC
Utilities industry group
0.53
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- WEC
- 0.53
- Min
- 0.29
Debt / Equity (MRQ)
Both Fortis (FTS) at 1.35 and WEC Energy (WEC) at 1.54 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
WEC
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- WEC
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | FTS | WEC |
|---|---|---|
| Current Ratio (MRQ) | 0.69 | 0.53 |
| Debt / Equity (MRQ) | 1.35 | 1.54 |
| Net Debt / EBITDA | 6.22 | 5.66 |
Dividends
Dividend Yield (TTM)
Fortis (FTS) at 4.18% delivers top-quartile income for its industry, while WEC Energy (WEC) at 3.17% 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%
WEC
Utilities industry group
3.17%
- Max
- 6.66%
- Q3
- 3.58%
- WEC
- 3.17%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
WEC Energy (WEC) at 68.18% 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%
WEC
Utilities industry group
68.18%
- Max
- 113.04%
- Q3
- 68.72%
- WEC
- 68.18%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | FTS | WEC |
|---|---|---|
| Dividend Yield (TTM) | 4.18% | 3.17% |
| Dividend Payout Ratio (TTM) | 72.73% | 68.18% |
Valuation
P/E Ratio (TTM)
WEC Energy (WEC) at 21.07 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
WEC
Utilities industry group
21.07
- Max
- 31.22
- Q3
- 23.30
- WEC
- 21.07
- Median
- 19.64
- 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 WEC Energy (WEC) at 3.69 sits in the pricier quartile — WEC 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
WEC
Utilities industry group
3.69
- Max
- 6.35
- WEC
- 3.69
- 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 WEC Energy (WEC) at 2.62 carries an above-peer premium to book — WEC 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
WEC
Utilities industry group
2.62
- Max
- 3.12
- WEC
- 2.62
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | FTS | WEC |
|---|---|---|
| P/E Ratio (TTM) | 23.66 | 21.07 |
| P/S Ratio (TTM) | 2.47 | 3.69 |
| P/B Ratio (MRQ) | 1.79 | 2.62 |
| Free Cash Flow Yield (TTM) | -9.42% | -5.16% |