Fortis Inc. (FTS)
NYSE: FTS
· Real-Time Price · USD
50.74
0.27 (0.53%)
At close: Aug 14, 2025, 3:59 PM
51.20
0.91%
Pre-market: Aug 15, 2025, 08:44 AM EDT
Fortis Income Statement
Financials in CAD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 2.81B | 3.34B | 2.95B | 2.77B | 2.67B | 3.12B | 2.88B | 2.72B | 2.59B | 3.32B | 3.17B | 2.55B | 2.49B | 2.83B | 2.58B | 2.2B | 2.13B | 2.54B |
Cost of Revenue | 714M | 1.04B | 790M | 737M | 1.45B | 1.77B | 899M | 773M | 787M | 1.31B | 1.27B | 804M | 797M | 1.08B | 885M | 624M | 593M | 849M |
Gross Profit | 2.1B | 2.3B | 2.16B | 2.03B | 1.22B | 1.34B | 1.99B | 1.95B | 1.81B | 2.01B | 1.9B | 1.75B | 1.69B | 1.75B | 1.7B | 1.57B | 1.54B | 1.69B |
Operating Income | 800M | 953M | 864M | 814M | 738M | 876M | 779M | 821M | 654M | 830M | 753M | 697M | 614M | 676M | 646M | 598M | 557M | 668M |
Interest Income | 10M | 12M | 15M | 17M | 16M | 16M | 22M | 20M | 18M | 16M | 11M | 3M | 2M | 1M | 5M | n/a | n/a | n/a |
Pretax Income | 536M | 674M | 544M | 561M | 456M | 613M | 554M | 537M | 395M | 584M | 524M | 436M | 383M | 460M | 438M | 391M | 344M | 466M |
Net Income | 404M | 520M | 415M | 439M | 349M | 477M | 398M | 411M | 311M | 453M | 386M | 342M | 300M | 366M | 343M | 311M | 269M | 371M |
Selling & General & Admin | n/a | n/a | n/a | n/a | 18M | 18M | 15M | 15M | 16M | 16M | 24M | 19M | 25M | 24M | 8M | 14M | 12M | 11M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 1.3B | 1.34B | 1.29B | 1.22B | 1.22B | 1.23B | 1.19B | 1.11B | 1.14B | 1.16B | 1.12B | 1.03B | 1.05B | 1.05B | 1.04B | 960M | 968M | 1.01B |
Operating Expenses | 1.3B | 1.34B | 1.29B | 1.22B | 1.22B | 1.23B | 1.21B | 1.13B | 1.15B | 1.18B | 1.15B | 1.05B | 1.08B | 1.08B | 1.05B | 974M | 980M | 1.02B |
Interest Expense | 369M | 370M | 368M | 355M | 347M | 336M | 336M | 331M | 323M | 315M | 298M | 280M | 266M | 258M | 252M | 244M | 255M | 252M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 2.02B | 2.38B | 2.08B | 1.96B | 1.93B | 2.24B | 2.11B | 1.9B | 1.94B | 2.49B | 2.42B | 1.86B | 1.87B | 2.16B | 1.94B | 1.6B | 1.57B | 1.87B |
Income Tax Expense | 92M | 116M | 93M | 83M | 69M | 101M | 119M | 92M | 49M | 100M | 104M | 65M | 53M | 67M | 67M | 49M | 48M | 70M |
Shares Outstanding (Basic) | 500.3M | 500.3M | 496.2M | 496.2M | 494M | 491.6M | 511.13M | 508.43M | 513.47M | 503.33M | 502.11M | 502.94M | 508.47M | 497.45M | 497.31M | 501.61M | 499.94M | 488.88M |
Shares Outstanding (Diluted) | 500.6M | 500.6M | 496.4M | 496.4M | 494.2M | 491.8M | 489.3M | 487.7M | 485.7M | 483.4M | 481.4M | 479.9M | 478.3M | 476.1M | 476.1M | 472.5M | 470.6M | 468.2M |
EPS (Basic) | 0.77 | 1.00 | 0.80 | 0.85 | 0.67 | 0.93 | 0.78 | 0.81 | 0.61 | 0.90 | 0.77 | 0.71 | 0.63 | 0.77 | 0.78 | 0.63 | 0.54 | 0.76 |
EPS (Diluted) | 0.77 | 1.00 | 0.80 | 0.85 | 0.67 | 0.93 | 0.78 | 0.81 | 0.61 | 0.90 | 0.77 | 0.71 | 0.63 | 0.77 | 0.78 | 0.62 | 0.54 | 0.76 |
EBITDA | 1.42B | 1.56B | 1.41B | 1.4B | 1.24B | 1.36B | 1.25B | 1.28B | 1.11B | 1.28B | 1.2B | 1.14B | 1.06B | 1.11B | 1.07B | 992M | 938M | 1.05B |
EBIT | 905M | 1.04B | 912M | 916M | 756M | 894M | 794M | 836M | 670M | 846M | 777M | 716M | 639M | 700M | 690M | 612M | 569M | 679M |
Depreciation & Amortization | 512M | 515M | 500M | 480M | 480M | 467M | 454M | 443M | 440M | 436M | 422M | 422M | 417M | 407M | 384M | 380M | 369M | 372M |