Fortis Inc. (TSX: FTS)
Canada
· Delayed Price · Currency is CAD 56.73
+0.44 (0.78%)
Jul 26, 2024, 4:00 PM EDT
Fortis Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 - 2013 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,316 | 11,517 | 11,043 | 9,448 | 8,935 | 8,783 | Upgrade
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| Revenue Growth (YoY) | -1.83% | 4.29% | 16.88% | 5.74% | 1.73% | 4.68% | Upgrade
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| Fuel & Purchased Power | 3,468 | 3,771 | 3,952 | 2,951 | 2,562 | 2,520 | Upgrade
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| Depreciation & Amortization | 1,804 | 1,773 | 1,668 | 1,505 | 1,428 | 1,350 | Upgrade
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| Other Operating Expenses | 2,850 | 2,827 | 2,591 | 2,478 | 2,406 | 2,441 | Upgrade
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| Total Operating Expenses | 8,122 | 8,371 | 8,211 | 6,934 | 6,396 | 6,311 | Upgrade
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| Operating Income | 3,194 | 3,146 | 2,832 | 2,514 | 2,539 | 2,472 | Upgrade
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| Interest Expense | -21 | - | - | -1,042 | -1,083 | -1,075 | Upgrade
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| Interest Income | 76 | 76 | 11 | 5 | 13 | 16 | Upgrade
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| Net Interest Expense | 55 | 76 | 11 | -1,037 | -1,070 | -1,059 | Upgrade
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| Income (Loss) on Equity Investments | - | - | - | - | 20 | -1 | Upgrade
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| Currency Exchange Gain (Loss) | 10 | 10 | -9 | -11 | 11 | - | Upgrade
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| Allowance for Equity Funds for Construction | 108 | 101 | 78 | 77 | 78 | 74 | Upgrade
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| Allowance for Borrowed Funds for Construction | 56 | 56 | 45 | 39 | 41 | 40 | Upgrade
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| Other Non-Operating Income (Expenses) | -1,331 | -1,326 | -1,136 | 53 | 1 | 27 | Upgrade
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| EBT Excluding Unusual Items | 2,092 | 2,063 | 1,821 | 1,635 | 1,620 | 1,553 | Upgrade
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| Gain (Loss) on Sale of Investments | 7 | 7 | -18 | 4 | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | - | - | 577 | Upgrade
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| Other Unusual Items | - | - | - | - | - | 11 | Upgrade
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| Pretax Income | 2,099 | 2,070 | 1,803 | 1,639 | 1,620 | 2,141 | Upgrade
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| Income Tax Expense | 361 | 360 | 289 | 234 | 231 | 289 | Upgrade
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| Earnings From Continuing Operations | 1,738 | 1,710 | 1,514 | 1,405 | 1,389 | 1,852 | Upgrade
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| Net Income to Company | 1,738 | 1,710 | 1,514 | 1,405 | 1,389 | 1,852 | Upgrade
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| Minority Interest in Earnings | -141 | -137 | -120 | -111 | -115 | -130 | Upgrade
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| Net Income | 1,597 | 1,573 | 1,394 | 1,294 | 1,274 | 1,722 | Upgrade
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| Preferred Dividends & Other Adjustments | 69 | 67 | 64 | 63 | 65 | 67 | Upgrade
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| Net Income to Common | 1,528 | 1,506 | 1,330 | 1,231 | 1,209 | 1,655 | Upgrade
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| Net Income Growth | 7.83% | 12.84% | 7.73% | 1.57% | -26.02% | 47.68% | Upgrade
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| Shares Outstanding (Basic) | 488 | 486 | 479 | 471 | 465 | 437 | Upgrade
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| Shares Outstanding (Diluted) | 489 | 487 | 479 | 471 | 465 | 438 | Upgrade
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| Shares Change (YoY) | 1.62% | 1.57% | 1.61% | 1.29% | 6.38% | 2.89% | Upgrade
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| EPS (Basic) | 3.13 | 3.10 | 2.78 | 2.61 | 2.60 | 3.79 | Upgrade
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| EPS (Diluted) | 3.13 | 3.10 | 2.78 | 2.61 | 2.60 | 3.78 | Upgrade
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| EPS Growth | 6.35% | 11.44% | 6.47% | 0.38% | -31.22% | 45.95% | Upgrade
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| Free Cash Flow | -752 | -441 | -513 | -282 | -1,156 | -836 | Upgrade
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| Free Cash Flow Per Share | -1.54 | -0.91 | -1.07 | -0.60 | -2.48 | -1.91 | Upgrade
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| Dividend Per Share | 2.310 | 2.285 | 2.170 | 2.050 | 1.938 | 1.827 | Upgrade
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| Dividend Growth | 5.00% | 5.30% | 5.85% | 5.81% | 6.02% | 5.94% | Upgrade
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| Profit Margin | 14.11% | 13.66% | 12.62% | 13.70% | 14.26% | 19.61% | Upgrade
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| Free Cash Flow Margin | -6.65% | -3.83% | -4.65% | -2.98% | -12.94% | -9.52% | Upgrade
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| EBITDA | 4,998 | 4,919 | 4,500 | 4,019 | 3,967 | 3,822 | Upgrade
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| EBITDA Margin | 44.17% | 42.71% | 40.75% | 42.54% | 44.40% | 43.52% | Upgrade
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| D&A For EBITDA | 1,804 | 1,773 | 1,668 | 1,505 | 1,428 | 1,350 | Upgrade
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| EBIT | 3,194 | 3,146 | 2,832 | 2,514 | 2,539 | 2,472 | Upgrade
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| EBIT Margin | 28.23% | 27.32% | 25.65% | 26.61% | 28.42% | 28.15% | Upgrade
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| Effective Tax Rate | 17.20% | 17.39% | 16.03% | 14.28% | 14.26% | 13.50% | Upgrade
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Source: S&P Capital IQ. Utility template.