Fortis vs WEC Energy
Fortis and WEC Energy are similar in size: $8.71bn and $9.80bn of revenue in their latest fiscal years. WEC Energy grew faster (14.0% against 3.7%). WEC Energy kept more of each dollar of sales as profit: a net margin of 15.9% against 14.1%. Fortis carries less debt relative to equity (144.0% against 156.1%).
| Latest fiscal year | FortisFTS, 2025 | WEC EnergyWEC, 2025 |
|---|---|---|
| Revenue | $8.71bn | $9.80bn |
| Revenue growth | 3.7% | 14.0% |
| Net income | $1.23bn | $1.56bn |
| Operating margin | 28.7% | 22.9% |
| Net margin | 14.1% | 15.9% |
| Return on equity | 7.2% | 11.6% |
| Free cash flow | −$1.35bn | −$1.02bn |
| Cash | $268m | $27.6m |
| Total debt | $25.00bn | $21.94bn |
| Debt to equity | 144.0% | 156.1% |
| Dividend per share | — | $3.57 |
| Dividend yield | 1.9% | — |
| Share buybacks | — | $1.3m |
| Employees | — | — |
| Market value | $30.36bn | $37.94bn |
| Price vs our value range | — | — |
| Moat score | — | 51 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 15 sales |