FTS vs PBA

Comparison between Fortis Inc (FTS, Company) and Pembina Pipeline Corporation (PBA, Company).

FTS is from the Utilities sector, while PBA is from the Energy sector.

5-Year PerformancePBA has outperformed FTS, delivering a return of +16.5% compared to +10.0%

FTS vs PBA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTS(COMPANY)	PBA(COMPANY)
Market Cap	$30B	$30B
Max Drawdown	34.36%	75.95%
Sharpe Ratio	1.33	1.79
5Y Beta	-0.03	0.24
Industry	Utilities - Regulated Electric	Oil & Gas Midstream
P/E Ratio	20.71	24.11
Forward P/E	22.83	23.92
PEG Ratio	1.95	2.74
Dividend Yield	4.36%	5.67%
5Y Dividends CAGR	7.87%	5.56%
5Y EPS CAGR	3.80%	N/A
Debt to Equity	142.25%	82.35%
Free Cash Flow Yield	-4.63%	4.87%
P/S Ratio	2.43	3.89
P/B Ratio	1.83	2.74

Market Cap

Winner

FTS

$30B

PBA

$30B

Max Drawdown

Winner

FTS

34.36%

PBA

75.95%

Sharpe Ratio

FTS

1.33

Winner

PBA

1.79

5Y Beta

Winner

FTS

-0.03

PBA

0.24

Industry

FTS

Utilities - Regulated Electric

PBA

Oil & Gas Midstream

P/E Ratio

Winner

FTS

20.71

PBA

24.11

Forward P/E

Winner

FTS

22.83

PBA

23.92

PEG Ratio

Winner

FTS

1.95

PBA

2.74

Dividend Yield

FTS

4.36%

Winner

PBA

5.67%

5Y Dividends CAGR

Winner

FTS

7.87%

PBA

5.56%

5Y EPS CAGR

FTS

3.80%

PBA

N/A

Debt to Equity

FTS

142.25%

Winner

PBA

82.35%

Free Cash Flow Yield

FTS

-4.63%

Winner

PBA

4.87%

P/S Ratio

Winner

FTS

2.43

PBA

3.89

P/B Ratio

Winner

FTS

1.83

PBA

2.74

FTS vs PBA - Historical Returns

Returns include dividend reinvestment.

Period	FTS	PBA
1 month	+3.31%	+8.54%
3 months	+4.43%	+19.87%
6 months	+13.02%	+29.26%
1 year	+24.29%	+43.84%
5 years(CAGR)	+9.97%	+16.47%
10 years(CAGR)	+10.05%	+11.76%
Max(CAGR)	+12.31%	+11.61%

FTS

+3.31%

Winner

PBA

+8.54%

FTS

+4.43%

Winner

PBA

+19.87%

FTS

+13.02%

Winner

PBA

+29.26%

FTS

+24.29%

Winner

PBA

+43.84%

5Y(CAGR)

FTS

+9.97%

Winner

PBA

+16.47%

10Y(CAGR)

FTS

+10.05%

Winner

PBA

+11.76%

Max(CAGR)

Winner

FTS

+12.31%

PBA

+11.61%

FTS vs PBA - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FTS	PBA
2026	+14.76%	+35.79%
2025	+30.22%	+8.12%
2024	+5.99%	+13.81%
2023	+6.17%	+10.82%
2022	-12.70%	+16.48%
2021	+22.76%	+35.39%
2020	+2.27%	-30.17%
2019	+30.07%	+28.16%
2018	-5.13%	-14.54%
2017	+25.09%	+21.12%
2016	+23.55%	+52.20%
2015	N/A	-37.97%
2014	N/A	+8.64%
2013	N/A	+27.19%
2012	N/A	+2.51%
2011	N/A	+39.04%
2010	N/A	+5.93%

FTS vs PBA Drawdown Comparison

The maximum drawdown for FTS was -34.36%, occurring on Mar 23, 2020. Recovery took 271 trading sessions.

The maximum drawdown for PBA was -70.87%, occurring on Mar 18, 2020. Recovery took 512 trading sessions.

The current FTS drawdown is -0.35%. The current PBA drawdown is -0.16%.

Rank	FTS	PBA
#1	-34.36% Feb 18, 2020 - Mar 16, 2021	-70.87% Feb 19, 2020 - Mar 1, 2022
#2	-29.96% Apr 6, 2022 - Mar 31, 2025	-58.39% Sep 3, 2014 - Jul 11, 2019
#3	-16.05% Nov 24, 2017 - Mar 12, 2019	-27.35% Jun 7, 2022 - Jul 3, 2024
#4	-14.04% Jul 6, 2016 - Apr 12, 2017	-19.19% May 7, 2012 - Jan 10, 2013
#5	-13.81% Feb 4, 2016 - Mar 7, 2016	-17.91% Oct 17, 2024 - Oct 3, 2025
#6	-7.75% Jan 13, 2016 - Jan 22, 2016	-15.13% May 21, 2013 - Dec 17, 2013
#7	-7.63% Sep 26, 2019 - Jan 15, 2020	-14.83% Jul 25, 2011 - Oct 31, 2011
#8	-6.63% May 7, 2025 - Aug 1, 2025	-13.62% Dec 7, 2011 - Apr 25, 2012
#9	-6.49% Dec 31, 2021 - Mar 17, 2022	-12.07% Oct 3, 2025 - Jan 28, 2026
#10	-6.21% Mar 16, 2026 - Jun 26, 2026	-9.00% Jul 11, 2019 - Jan 9, 2020
#11	-6.13% Apr 3, 2025 - Apr 14, 2025	-8.49% Apr 20, 2022 - Jun 1, 2022
#12	-5.83% Sep 8, 2017 - Nov 6, 2017	-7.36% Mar 27, 2026 - Apr 30, 2026
#13	-5.77% Aug 16, 2021 - Dec 14, 2021	-6.59% May 22, 2026 - Jul 13, 2026
#14	-5.39% Jun 15, 2021 - Aug 16, 2021	-6.02% Nov 3, 2010 - Dec 15, 2010
#15	-4.76% Apr 17, 2017 - Jun 5, 2017	-5.53% Jan 14, 2013 - Mar 5, 2013

Correlation

Correlation between FTS and PBA is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2010 - 2026)

FTS vs PBA dividend yield comparison.

Year	FTS	PBA
2026	1.60%	2.04%
2025	3.42%	5.34%
2024	4.62%	5.39%
2023	4.50%	5.70%
2022	4.48%	5.78%
2021	3.40%	6.71%
2020	3.54%	8.56%
2019	3.31%	4.80%
2018	3.35%	5.80%
2017	4.43%	4.35%
2016	4.94%	4.19%
2015	0.00%	6.48%
2014	0.00%	4.27%
2013	0.00%	4.53%
2012	0.00%	5.61%
2011	0.00%	2.68%
2010	0.00%	1.77%