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The following section summarizes insights on Fortis Inc's Capital Expenditures Forecast (InvestingPro):
We've identified the following companies as similar to Fortis Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
| Name | Ticker | Capital Expenditures Forecast (InvestingPro) |
|---|---|---|
| Utilities | SECTOR:UTL.CA | 856.81 K |
| Caribbean Utilities Co Ltd | TSX:CUP.U | 171 M |
| MGE Energy Inc | NASDAQGS:MGEE | 263 M |
| Capital Power Corporation | TSX:CPX | 747 M |
| OGE Energy Corporation | NYSE:OGE | 1.15 B |
| AltaGas Ltd | TSX:ALA | 1.4 B |
| Canadian Utilities Limited | TSX:CU | 1.6 B |
| Atco Ltd | TSX:ACO.X | 1.8 B |
| Terna S.p.A. | OTCPK:TERR.F | 2.835 B |
| Hydro One Limited | TSX:H | 3.402 B |
| Emera Incorporated | TSX:EMA | 3.563 B |
| Fortis Inc | TSX:FTS | 5.178 B |
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Capital Expenditures Forecast (InvestingPro) in the popular category include:
Projected capital expenditures.
The chart above depicts the distribution of Capital Expenditures Forecast (InvestingPro) for companies operating in the Utilities Sector in the Developed economic region. Over 380 companies were considered in this analysis, and 375 had meaningful values. The average Capital Expenditures Forecast (InvestingPro) of companies in the Sector is 1.55 B with a standard deviation of 2.978 B. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Fortis Inc's Capital Expenditures Forecast (InvestingPro) of 5.178 B ranks in the 90.0% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 383 |
| Included Constituents | 375 |
| Min | 0 K |
| Max | 18.253 B |
| Median | 252 M |
| Mean | 1.55 B |
| Standard Deviation | 2.978 B |
You can find companies with similar Capital Expenditures Forecast (InvestingPro) using this stock screener.