Fortis Inc. (FTS)

NYSE: FTS · Real-Time Price · USD

48.98

-0.53 (-1.07%)

At close: May 01, 2025, 3:59 PM

48.94

-0.07%

After-hours: May 01, 2025, 06:05 PM EDT

Fortis Income Statement

Financials in CAD. Fiscal year is January - December.

Fiscal Year	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	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	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	2.35B	2.12B	2.08B	2.39B	2.33B	2.05B	1.97B	2.44B	2.21B	2.04B	1.95B	2.2B	2.11B	1.9B	2.02B	2.27B	2.09B	1.53B	1.49B	1.77B
Cost of Revenue	790M	737M	1.45B	1.77B	899M	773M	787M	1.31B	1.27B	804M	797M	1.08B	885M	624M	593M	849M	726M	572M	514M	750M	669M	522M	496M	833M	1.31B	574M	507M	729M	1.23B	478M	524M	754M	684M	503M	488M	692M
Gross Profit	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	1.62B	1.55B	1.56B	1.64B	1.66B	1.53B	1.47B	1.6B	897M	1.47B	1.44B	1.47B	877M	1.42B	1.49B	1.52B	1.41B	1.02B	997M	1.08B
Operating Income	864M	814M	738M	876M	779M	821M	654M	830M	753M	697M	614M	676M	646M	598M	557M	668M	650M	602M	598M	658M	690M	585M	1.11B	653M	578M	596M	578M	613M	608M	630M	626M	644M	463M	352M	311M	357M
Interest Income	15M	17M	16M	16M	22M	20M	18M	16M	11M	3M	2M	1M	5M	n/a	n/a	n/a	13M	n/a	3M	5M	4M	n/a	4M	4M	15M	3M	4M	4M	3M	n/a	n/a	4M	-37M	1M	2M	2M
Pretax Income	544M	561M	456M	613M	554M	537M	395M	584M	524M	436M	383M	460M	438M	391M	344M	466M	433M	394M	382M	411M	473M	356M	890M	422M	338M	374M	353M	386M	429M	427M	414M	443M	260M	198M	170M	230M
Net Income	415M	439M	349M	477M	398M	411M	311M	453M	386M	342M	300M	366M	343M	311M	269M	371M	348M	307M	291M	328M	363M	294M	737M	328M	278M	292M	257M	339M	150M	294M	274M	310M	205M	149M	125M	181M
Selling & General & Admin	n/a	n/a	18M	18M	15M	15M	16M	16M	24M	19M	25M	24M	8M	14M	12M	11M	10M	3M	9M	8M	11M	n/a	n/a	n/a	2M	n/a	n/a	n/a	11M	n/a	n/a	n/a	n/a	n/a	n/a	-16M
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	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	1.29B	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	960M	944M	956M	975M	956M	944M	364M	950M	943M	870M	862M	855M	898M	793M	865M	876M	947M	673M	686M	708M
Operating Expenses	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	970M	947M	965M	983M	967M	944M	364M	950M	943M	870M	862M	855M	898M	793M	865M	876M	947M	673M	686M	692M
Interest Expense	368M	355M	347M	336M	336M	331M	323M	315M	298M	280M	266M	258M	252M	244M	255M	252M	258M	265M	263M	256M	241M	262M	263M	269M	250M	245M	243M	236M	228M	225M	232M	229M	182M	164M	150M	143M
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	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	2.08B	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	1.7B	1.52B	1.48B	1.73B	1.64B	1.47B	860M	1.78B	1.63B	1.44B	1.37B	1.58B	1.5B	1.27B	1.39B	1.63B	1.63B	1.18B	1.17B	1.42B
Income Tax Expense	93M	83M	69M	101M	119M	92M	49M	100M	104M	65M	53M	67M	67M	49M	48M	70M	57M	58M	58M	58M	66M	32M	125M	66M	30M	52M	61M	22M	274M	106M	102M	106M	35M	40M	28M	42M
Shares Outstanding (Basic)	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	490.28M	488.78M	493.43M	489.55M	473.93M	466.67M	443.98M	455.56M	455.53M	450.27M	453.82M	446.05M	477.61M	445.45M	444.37M	430.56M	418.03M	334.38M	331.43M	318.52M
Shares Outstanding (Diluted)	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	468.2M	465.5M	465.2M	464.6M	464.6M	438M	433.7M	430.1M	430.1M	426.2M	424.3M	422.5M	422.5M	419.3M	417.4M	406.9M	406.9M	289.5M	284.3M	288.6M
EPS (Basic)	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	0.74	0.63	0.59	0.67	0.78	0.64	1.66	0.72	0.65	0.65	0.57	0.77	0.36	0.66	0.62	0.72	0.50	0.45	0.38	0.57
EPS (Diluted)	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	0.74	0.63	0.59	0.67	0.78	0.63	1.66	0.72	0.65	0.65	0.57	0.76	0.36	0.66	0.62	0.72	0.50	0.45	0.38	0.57
EBITDA	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	1.04B	1.02B	973M	1.02B	1.04B	920M	871M	987M	907M	932M	905M	915M	866M	920M	924M	941M	725M	590M	552M	607M
EBIT	912M	916M	756M	894M	794M	836M	670M	846M	777M	716M	639M	700M	690M	612M	569M	679M	691M	659M	607M	666M	701M	585M	533M	653M	588M	619M	596M	613M	572M	630M	626M	644M	442M	356M	320M	373M
Depreciation & Amortization	500M	480M	480M	467M	454M	443M	440M	436M	422M	422M	417M	407M	384M	380M	369M	372M	347M	358M	366M	357M	343M	335M	338M	334M	319M	313M	309M	302M	294M	290M	298M	297M	283M	234M	232M	234M