Fortis
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) Net income
Fortis's net income for fiscal 2025 was $1.4B, up 5.20% from $1.3B in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.5B. Over the past ten years it has ranged from $538.5M (fiscal 2016) to $1.4B (fiscal 2025) — the current reading is the highest in ten years. Net income has risen for 5 consecutive fiscal years. Fortis ranks 18th of 39 Utilities Regulated Electric companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.4B | 5.20% |
| FY2024 | $1.3B | 5.31% |
| FY2023 | $1.3B | 8.78% |
| FY2022 | $1.2B | 3.88% |
| FY2021 | $1.1B | 8.12% |
| FY2020 | $1.0B | (25.71%) |
| FY2019 | $1.4B | 40.67% |
| FY2018 | $992.1M | 14.33% |
| FY2017 | $867.8M | 61.17% |
| FY2016 | $538.5M | (18.13%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $381.7M | 16.19% |
| Jun 2026 | $328.5M | (19.80%) |
| Mar 2026 | $409.6M | 23.36% |
| Dec 2025 | $332.1M | (4.30%) |
| 41 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| PCG Pacific Gas & Electric Co. compare | $3.1B |
| PEG Public Service Enterprise Group Incorporated compare | $1.8B |
| AEE Ameren Corporation compare | $1.6B |
| ES Eversource Energy compare | $1.5B |
| FTS Fortis | $1.5B |
| FE FirstEnergy Corporation compare | $1.4B |
| DTE DTE Energy Company compare | $1.4B |
| PPL PPL Corporation compare | $1.3B |
| CNP CenterPoint Energy, Inc. compare | $1.2B |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- 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