Fortis Inc. (TSX: FTS)

Fortis Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,316	11,517	11,043	9,448	8,935	8,783
Revenue Growth (YoY)	-1.83%	4.29%	16.88%	5.74%	1.73%	4.68%
Pretax Income	2,099	2,070	1,803	1,639	1,620	2,141
Income Tax	361	360	289	234	231	289
Net Income	1,597	1,573	1,394	1,294	1,274	1,722
Net Income Common	1,528	1,506	1,330	1,231	1,209	1,655
Net Income Growth	7.83%	12.84%	7.73%	1.57%	-26.02%	47.68%
Shares Change	1.62%	1.57%	1.61%	1.29%	6.38%	2.89%
EPS (Diluted)	3.13	3.10	2.78	2.61	2.60	3.78
EPS Growth	6.35%	11.44%	6.47%	0.38%	-31.22%	45.95%
Free Cash Flow	-752	-441	-513	-282	-1,156	-836
Free Cash Flow Per Share	-1.54	-0.91	-1.07	-0.60	-2.48	-1.91
Dividend Per Share	2.310	2.285	2.170	2.050	1.938	1.827
Dividend Growth	5.00%	5.30%	5.85%	5.81%	6.02%	5.94%
Profit Margin	14.11%	13.66%	12.62%	13.70%	14.26%	19.61%
Free Cash Flow Margin	-6.65%	-3.83%	-4.65%	-2.98%	-12.94%	-9.52%
Effective Tax Rate	17.20%	17.39%	16.03%	14.28%	14.26%	13.50%
EBITDA	4,998	4,919	4,500	4,019	3,967	3,822
EBITDA Margin	44.17%	42.71%	40.75%	42.54%	44.40%	43.52%
EBIT	3,194	3,146	2,832	2,514	2,539	2,472
EBIT Margin	28.23%	27.32%	25.65%	26.61%	28.42%	28.15%

Source: S&P Capital IQ. Utility template.