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

59.88 1.30 −2.12%
Market cap
$31.3B
P/E
23.2×
Fwd P/E
22.6×
Dividend yield
3.02%
F-score
6/9
Altman Z
0.80
Beneish M
−2.73
Dividend safety
24/100

Fortis (FTS) Net income

Alert me on 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

Against its own ten years

Low $538.5M High $1.4B
Ten-year median $1.1B
Current reading's percentile 100

Net income against peers

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

The full definition of Net income →

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