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Fortis Inc. (FTS)
NYSE: FTS · Real-Time Price · USD
54.90
-1.34 (-2.38%)
Aug 21, 2026, 4:00 PM EDT - Market closed

Fortis Income Statement

Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
2,9313,4033,0792,9382,8153,3382,9492,7712,6703,1182,8852,7192,5943,3193,1682,5532,4872,8352,5832,196
Revenue Growth (YoY)
4.12%1.95%4.41%6.03%5.43%7.06%2.22%1.91%2.93%-6.06%-8.93%6.50%4.30%17.07%22.65%16.26%16.76%11.66%10.10%3.54%
Fuel & Purchased Power
7191,0718587597141,0407907377131,0098997737871,3121,2688047971,083885624
Depreciation & Amortization
542532512518512515500480480467454443440436422422417407384380
Other Operating Expenses
840820819771769811777721721748738667697725701611634645660580
Total Operating Expenses
2,1012,4232,1892,0481,9952,3662,0671,9381,9142,2242,0911,8831,9242,4732,3911,8371,8482,1351,9291,584
Operating Income
830980890890820972882833756894794836670846777716639700654612
Interest Expense
-387-372-465-370-369-370-442-355-347-336-392-331-323-315-343-280-266-258-291-244
Interest Income
20101291012151716162220181653215-
Net Interest Expense
-367-362-453-361-359-358-427-338-331-320-370-311-305-299-338-277-264-257-286-244
Income (Loss) on Equity Investments
45531691-154325------
Currency Exchange Gain (Loss)
-7-1-718--72-2---35-4-11-2--2-7
Allowance for Equity Funds for Construction
4946514242394037323030252323241918172018
Allowance for Borrowed Funds for Construction
--96---74---56---45---39-
Other Non-Operating Income (Expenses)
275-25121415-27262441-10-199-718912
EBT Excluding Unusual Items
536674565579536674544561456613555540394584521440392468434391
Gain (Loss) on Sale of Investments
-----------1-31-3-4-9-84-
Pretax Income
536674565579536674544561456613554537395584524436383460438391
Income Tax Expense
76112801059211693836910111992491001046553676749
Earnings From Continuing Ops.
460562485474444558451478387512435445346484420371330393371342
Minority Interest in Earnings
-43-39-41-43-40-38-36-39-38-35-37-34-35-31-34-29-30-27-28-31
Net Income
417523444431404520415439349477398411311453386342300366343311
Preferred Dividends & Other Adjustments
2122222220211919181817171716161616161516
Net Income to Common
396501422409384499396420331459381394294437370326284350328295
Net Income Growth (YoY)
3.13%0.40%6.57%-2.62%16.01%8.71%3.94%6.60%12.58%5.03%2.97%20.86%3.52%24.86%12.80%10.51%12.25%-1.41%-0.91%1.03%
Shares Outstanding (Basic)
510508507505503500498496494492489487485483481479478476474472
Shares Outstanding (Diluted)
510509507505503501499496494492489488486483481480478476474473
Shares Change (YoY)
1.45%1.58%1.60%1.69%1.76%1.79%1.88%1.78%1.75%1.74%1.64%1.63%1.55%1.53%1.54%1.57%1.64%1.69%1.61%1.50%
EPS (Basic)
0.780.990.830.810.761.000.790.850.670.930.780.810.610.900.770.680.590.740.690.63
EPS (Diluted)
0.780.990.830.810.761.000.790.850.670.930.780.810.610.900.770.680.590.740.690.62
EPS Growth (YoY)
2.17%-1.16%5.04%-4.30%13.43%7.25%1.48%4.71%10.62%3.33%1.29%18.88%2.66%22.32%11.46%9.68%9.65%-3.05%-2.83%-1.29%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
-472-400-600-335-675-270-66790-250-303-443-1268-118-274-68-53-180-66
Free Cash Flow Per Share
-0.93-0.79-1.19-0.66-1.34-0.54-1.340.18-0.51-0.62-0.91-0.030.010.02-0.24-0.57-0.14-0.11-0.38-0.14
Dividend Per Share
0.6400.6400.6400.6150.6150.6150.6200.5900.5900.5900.5950.5650.5650.5650.5650.5350.5350.5350.5350.505
Dividend Growth (YoY)
4.06%4.06%3.23%4.24%4.24%4.24%4.20%4.42%4.42%4.42%5.31%5.61%5.61%5.61%5.61%5.94%5.94%5.94%5.94%5.76%
Profit Margin
13.51%14.72%13.71%13.92%13.64%14.95%13.43%15.16%12.40%14.72%13.21%14.49%11.33%13.17%11.68%12.77%11.42%12.35%12.70%13.43%
Free Cash Flow Margin
-16.10%-11.75%-19.49%-11.40%-23.98%-8.09%-22.62%3.25%-9.36%-9.72%-15.35%-0.44%0.23%0.24%-3.72%-10.73%-2.73%-1.87%-6.97%-3.00%
EBITDA
1,3721,5121,4021,4081,3321,4871,3821,3131,2361,3611,2481,2791,1101,2821,1991,1381,0561,1071,038992
EBITDA Margin
46.81%44.43%45.53%47.92%47.32%44.55%46.86%47.38%46.29%43.65%43.26%47.04%42.79%38.63%37.85%44.57%42.46%39.05%40.19%45.17%
D&A For EBITDA
542532512518512515500480480467454443440436422422417407384380
EBIT
830980890890820972882833756894794836670846777716639700654612
EBIT Margin
28.32%28.80%28.90%30.29%29.13%29.12%29.91%30.06%28.32%28.67%27.52%30.75%25.83%25.49%24.53%28.04%25.69%24.69%25.32%27.87%
Effective Tax Rate
14.18%16.62%14.16%18.14%17.16%17.21%17.10%14.79%15.13%16.48%21.48%17.13%12.40%17.12%19.85%14.91%13.84%14.56%15.30%12.53%
SEC Filings: 10-K · 10-Q