Fortis Inc. (FTS) and Clearway Energy Inc. (NYSE:CWEN) Comparing side by side

This is therefore a contrasting of the profitability, institutional ownership, analyst recommendations, risk, dividends, earnings and valuation in Fortis Inc. (NYSE:FTS) and Clearway Energy Inc. (NYSE:CWEN). The two are both Electric Utilities companies that compete with one another.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Fortis Inc. N/A 0.00 N/A 1.73 20.14
Clearway Energy Inc. 1.05B 2.45 46.00M 0.14 131.75

Table 1 shows the gross revenue, earnings per share and valuation for Fortis Inc. and Clearway Energy Inc. Business that currently has a lower P/E ratio means that it is the more affordable of the two businesses. Fortis Inc.’s currently lower P/E ratio means it is more affordable than Clearway Energy Inc.

Profitability

Table 2 has Fortis Inc. and Clearway Energy Inc.’s return on assets, net margins and return on equity.

Net Margins Return on Equity Return on Assets
Fortis Inc. 0.00% 0% 0%
Clearway Energy Inc. 4.38% 0% 0%

Dividends

Fortis Inc. pays out a $1.28 per share dividend on a yearly basis and it also offers 3.58% dividend yield. Clearway Energy Inc. has an annual dividend pay of $1.22 per share while its annual dividend yield is 8.28%.

Institutional & Insider Ownership

The shares of both Fortis Inc. and Clearway Energy Inc. are owned by institutional investors at 57.7% and 87.17% respectively. 0.63% are Fortis Inc.’s share owned by insiders. Insiders Competitively, owned 0.54% of Clearway Energy Inc. shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Fortis Inc. 0.12% 1.61% 6.27% 11.3% -5.54% -5.21%
Clearway Energy Inc. -1.15% -8.38% -8.38% 4.94% -2.43% -4.5%

For the past year Fortis Inc. was more bearish than Clearway Energy Inc.

Summary

On 7 of the 10 factors Clearway Energy Inc. beats Fortis Inc.

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to approximately 420,000 retail customers in a territory comprising approximately 2,991 square kilometers located in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county; and 95,000 retail customers in ArizonaÂ’s Mohave and Santa Cruz counties with an aggregate capacity of 2,994 megawatts (MW) comprising 54 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 994,000 customers in approximately 135 communities in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 549,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador serving approximately 264,000 customers with an installed generating capacity of 139 MW; and on Prince Edward Island serving approximately 79,000 customers through generating facilities with a combined capacity of 145 MW. Additionally, it provides integrated electric utility service to approximately 65,000 customers in Fort Erie, Cornwall, Gananoque, Port Colborne, and the District of Algoma in Ontario; approximately 43,200 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos, as well as holds long-term contracted generation assets in British Columbia and Belize, and Aitken Creek. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW). The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,319 net MW thermal equivalents, and electric generation capacity of 123 net MW. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. The company was founded in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of NRG Energy, Inc.