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Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD

48.85

0.63 (1.31%)

At close: May 30, 2025, 3:59 PM

49.65

1.64%

After-hours: May 30, 2025, 05:39 PM EDT

Fortis Income Statement

Financials in CAD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	11.51B	11.52B	11.04B	9.45B	8.94B	8.78B	8.39B	8.3B	6.84B
Cost of Revenue	3.25B	6.66B	3.95B	2.95B	2.56B	2.52B	4.78B	2.36B	2.34B
Gross Profit	8.26B	4.86B	7.09B	6.5B	6.37B	6.26B	3.61B	5.94B	4.5B
Operating Income	3.29B	3.08B	2.74B	2.47B	2.51B	3.04B	2.37B	2.51B	1.48B
Interest Income	64M	76M	11M	5M	13M	16M	15M	14M	7M
Pretax Income	2.17B	2.07B	1.8B	1.64B	1.62B	2.14B	1.45B	1.71B	858M
Net Income	1.68B	1.57B	1.39B	1.29B	1.27B	1.72B	1.17B	1.03B	660M
Selling & General & Admin	n/a	62M	92M	45M	31M	11M	1M	11M	n/a
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	4.97B	1.71B	4.26B	3.98B	3.83B	3.21B	3.53B	3.42B	3.01B
Operating Expenses	4.97B	1.77B	4.35B	4.03B	3.87B	3.23B	3.53B	3.43B	3.01B
Interest Expense	1.41B	1.3B	1.1B	1B	1.04B	1.03B	974M	914M	678M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	8.22B	8.43B	8.3B	6.98B	6.43B	5.75B	6.03B	5.79B	5.36B
Income Tax Expense	346M	360M	289M	234M	231M	289M	165M	588M	145M
Shares Outstanding (Basic)	495M	486.3M	478.6M	470.9M	490M	455.56M	450.19M	445.02M	349.4M
Shares Outstanding (Diluted)	495.2M	486.5M	479M	471.4M	465.4M	437.5M	425.2M	416.2M	313.4M
EPS (Basic)	3.24	2.96	2.78	2.61	2.60	3.79	2.75	2.32	1.89
EPS (Diluted)	3.24	3.10	2.78	2.61	2.60	3.78	2.74	2.31	1.89
EBITDA	5.51B	5.15B	4.5B	4.15B	4.09B	3.82B	3.67B	3.65B	2.52B
EBIT	3.58B	3.38B	2.83B	2.64B	2.66B	2.47B	2.42B	2.47B	1.54B
Depreciation & Amortization	1.93B	1.77B	1.67B	1.5B	1.43B	1.35B	1.24B	1.18B	983M