| Fortis is engaged in the regulated electric and gas utility holding company. Entities within the reporting segments that follow operate with substantial autonomy. Co.'s regulated utility businesses includes of ITC Investment Holdings Inc; UNS Energy Corporation; CH Energy Group Inc; FortisBC Energy Inc; FortisAlberta Inc.; FortisBC Inc; Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc; Caribbean Utilities Company, Ltd; and FortisTCI Limited. Co. also holds equity investments in the Wataynikaneyap Power Limited Partnership and Belize Electricity Limited. Non-regulated energy infrastructure is consists of Aitken Creek and BECOL. We show 2 historical shares outstanding datapoints in our FTS shares outstanding history coverage, used to compute FTS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FTS market cap history over the course of time is important for investors
interested in comparing FTS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FTS versus a peer is one thing; comparing
FTS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FTS can fluctuate over the course of history.
With this page we aim to empower investors researching FTS by allowing them to research the FTS market cap history.