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

61.19 0.26 +0.43%
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 margin

Alert me on Net margin

Fortis's net margin over the twelve months to 30 September 2026 was 14.3%, up 0.2 percentage points from fiscal 2025 (14.1%). Over the past ten years it has ranged from 8.56% (fiscal 2016) to 18.8% (fiscal 2019); the current reading is higher than 91% of that period. That is above the Utilities Regulated Electric industry median of 13.5% and above the Utilities sector median of 11.6%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 14.1% 0.12
FY2024 14.0% 0.88
FY2023 13.1% 1.04
FY2022 12.0% (0.99)
FY2021 13.0% (0.50)
FY2020 13.5% (5.31)
FY2019 18.8% 5.73
FY2018 13.1% 1.51
FY2017 11.6% 3.04
FY2016 8.56% (2.26)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 15.2% 1.71
Jun 2026 13.5% (1.21)
Mar 2026 14.7% 0.98
Dec 2025 13.7% (0.18)
41 more quarters

Against its own ten years

Low 8.56% High 18.8%
Ten-year median 13.1%
Current reading's percentile 90

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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