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 | 11.87B | 11.73B | 11.51B | 11.44B | 11.39B | 11.32B | 11.52B | 11.8B | 11.63B | 11.53B | 11.04B | 10.46B | 10.1B | 9.74B | 9.45B | 9.21B | 9.14B | 9.08B |
Cost of Revenue | 3.28B | 4.02B | 4.75B | 4.86B | 4.9B | 4.23B | 3.77B | 4.14B | 4.17B | 4.18B | 3.95B | 3.57B | 3.39B | 3.19B | 2.95B | 2.79B | 2.74B | 2.66B |
Gross Profit | 8.59B | 7.71B | 6.75B | 6.58B | 6.49B | 7.08B | 7.75B | 7.66B | 7.46B | 7.35B | 7.09B | 6.89B | 6.71B | 6.56B | 6.5B | 6.42B | 6.4B | 6.42B |
Operating Income | 3.43B | 3.37B | 3.29B | 3.21B | 3.21B | 3.13B | 3.08B | 3.06B | 2.93B | 2.89B | 2.74B | 2.63B | 2.53B | 2.48B | 2.47B | 2.47B | 2.48B | 2.52B |
Interest Income | 54M | 60M | 64M | 71M | 74M | 76M | 76M | 65M | 48M | 32M | 17M | 11M | 8M | 6M | 5M | 13M | 13M | 16M |
Pretax Income | 2.31B | 2.23B | 2.17B | 2.18B | 2.16B | 2.1B | 2.07B | 2.04B | 1.94B | 1.93B | 1.8B | 1.72B | 1.67B | 1.63B | 1.64B | 1.63B | 1.64B | 1.68B |
Net Income | 1.78B | 1.72B | 1.68B | 1.66B | 1.64B | 1.6B | 1.57B | 1.56B | 1.49B | 1.48B | 1.39B | 1.35B | 1.32B | 1.29B | 1.29B | 1.3B | 1.29B | 1.32B |
Selling & General & Admin | n/a | 18M | 36M | 51M | 66M | 64M | 62M | 71M | 75M | 84M | 92M | 76M | 71M | 58M | 45M | 47M | 36M | 33M |
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 | 5.16B | 5.08B | 4.97B | 4.86B | 4.75B | 4.67B | 4.6B | 4.53B | 4.45B | 4.37B | 4.26B | 4.18B | 4.11B | 4.02B | 3.98B | 3.9B | 3.88B | 3.87B |
Operating Expenses | 5.16B | 5.08B | 4.97B | 4.88B | 4.78B | 4.72B | 4.66B | 4.6B | 4.53B | 4.45B | 4.35B | 4.26B | 4.18B | 4.08B | 4.03B | 3.95B | 3.92B | 3.9B |
Interest Expense | 1.46B | 1.44B | 1.41B | 1.37B | 1.35B | 1.33B | 1.3B | 1.27B | 1.22B | 1.16B | 1.1B | 1.06B | 1.02B | 1.01B | 1B | 1.01B | 1.03B | 1.04B |
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 | 8.44B | 8.36B | 8.22B | 8.24B | 8.18B | 8.19B | 8.43B | 8.74B | 8.7B | 8.63B | 8.3B | 7.83B | 7.57B | 7.27B | 6.98B | 6.74B | 6.66B | 6.57B |
Income Tax Expense | 384M | 361M | 346M | 372M | 381M | 361M | 360M | 345M | 318M | 322M | 289M | 252M | 236M | 231M | 234M | 224M | 233M | 243M |
Shares Outstanding (Basic) | n/a | 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) | n/a | 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) | 2.65 | 3.32 | 3.25 | 3.23 | 3.19 | 3.13 | 3.10 | 3.09 | 2.99 | 3.01 | 2.88 | 2.89 | 2.81 | 2.72 | 2.71 | 2.67 | 2.67 | 2.72 |
EPS (Diluted) | 2.65 | 3.32 | 3.25 | 3.23 | 3.19 | 3.13 | 3.10 | 3.09 | 2.99 | 3.01 | 2.88 | 2.89 | 2.80 | 2.71 | 2.70 | 2.66 | 2.67 | 2.72 |
EBITDA | 5.78B | 5.6B | 5.41B | 5.24B | 5.12B | 5B | 4.92B | 4.87B | 4.73B | 4.67B | 4.5B | 4.38B | 4.23B | 4.11B | 4.05B | 4.02B | 4.04B | 4.08B |
EBIT | 3.78B | 3.63B | 3.48B | 3.36B | 3.28B | 3.19B | 3.15B | 3.13B | 3.01B | 2.98B | 2.83B | 2.75B | 2.64B | 2.57B | 2.55B | 2.55B | 2.6B | 2.64B |
Depreciation & Amortization | 2.01B | 1.98B | 1.93B | 1.88B | 1.84B | 1.8B | 1.77B | 1.74B | 1.72B | 1.7B | 1.67B | 1.63B | 1.59B | 1.54B | 1.5B | 1.47B | 1.45B | 1.44B |