stockrowFortis
FTS Utilities Utilities Regulated Electric
Fortis' revenue for fiscal 2025 (year ended December 2025) was $8.7 billion, up 3.71% from fiscal 2024.
- Revenue
- +4.39%
- EPS
- +28.7%
- Free cash flow
- −10.2%
- Total debt
- +14.0%
Quarter to September 2026, against a year earlier
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Fortis (FTS) Gross margin
Fortis's gross margin over the twelve months to 30 September 2026 was 45.5%, down 0.1 percentage points from fiscal 2025 (45.6%). Over the past ten years it has ranged from 34.1% (fiscal 2015) to 45.6% (fiscal 2025) — the current reading is the highest in ten years. That is below the Utilities Regulated Electric industry median of 62.0% and below the Utilities sector median of 58.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 45.6% | 0.25 |
| FY2024 | 45.4% | 3.18 |
| FY2023 | 42.2% | 2.25 |
| FY2022 | 39.9% | (2.14) |
| FY2021 | 42.1% | (1.99) |
| FY2020 | 44.1% | 0.66 |
| FY2019 | 43.4% | 0.39 |
| FY2018 | 43.0% | (1.32) |
| FY2017 | 44.3% | 8.26 |
| FY2016 | 36.1% | 1.99 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 47.8% | 1.91 |
| Jun 2026 | 45.9% | 2.22 |
| Mar 2026 | 43.7% | (1.05) |
| Dec 2025 | 44.8% | (2.53) |
| 41 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| PCG Pacific Gas & Electric Co. compare | 84.8% |
| CNP CenterPoint Energy, Inc. compare | 79.4% |
| AEE Ameren Corporation compare | 73.7% |
| PPL PPL Corporation compare | 68.6% |
| ES Eversource Energy compare | 67.8% |
| PEG Public Service Enterprise Group Incorporated compare | 63.4% |
| FE FirstEnergy Corporation compare | 63.4% |
| FTS Fortis | 45.5% |
| DTE DTE Energy Company compare | 0.00% |
| Utilities Regulated Electric industry median | 62.0% |
| Utilities sector median | 58.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement