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Financials in USD. Standardized financial statements.
A compact view of how Fortis Inc. CUM RD 5Y SR G turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $12.17B | $11.51B | $11.52B | $11.04B | $9.45B | $8.94B | $8.78B | $8.39B | $8.30B | $6.84B |
| Revenue Growth? | +5.8% | -0.1% | +4.3% | +16.9% | +5.7% | +1.7% | +4.7% | +1.1% | +21.4% | 0.0% |
| Cost of Revenue? | $3.37B | $3.25B | $3.77B | $3.95B | $2.95B | $2.56B | $2.52B | $2.50B | $2.36B | $2.34B |
| Gross Profit? | $8.80B | $8.26B | $7.75B | $7.09B | $6.50B | $6.37B | $6.26B | $5.89B | $5.94B | $4.50B |
| Gross Margin? | +72.3% | +71.8% | +67.3% | +64.2% | +68.8% | +71.3% | +71.3% | +70.3% | +71.6% | +65.8% |
| Operating Expenses? | $5.31B | $4.97B | $4.66B | $4.35B | $4.03B | $3.87B | $3.80B | $3.53B | $3.44B | $3.01B |
| Operating Income? | $3.49B | $3.29B | $3.08B | $2.74B | $2.47B | $2.51B | $3.04B | $2.37B | $2.50B | $1.48B |
| EBITDA? | $5.89B | $5.51B | $5.15B | $4.57B | $4.15B | $4.09B | $4.53B | $3.67B | $3.81B | $2.52B |
| Income Before Tax | $2.35B | $2.17B | $2.07B | $1.80B | $1.64B | $1.62B | $2.14B | $1.45B | $1.71B | $858.00M |
| Income Tax Expense | $393.00M | $346.00M | $360.00M | $289.00M | $234.00M | $231.00M | $289.00M | $165.00M | $588.00M | $145.00M |
| Net Income? | $1.80B | $1.68B | $1.57B | $1.39B | $1.29B | $1.27B | $1.72B | $1.17B | $1.03B | $660.00M |
| EPS? | $3.40 | $3.24 | $3.10 | $2.78 | $2.61 | $2.60 | $3.94 | $2.67 | $2.47 | $2.14 |
| Diluted EPS? | $3.40 | $3.24 | $3.10 | $2.78 | $2.61 | $2.60 | $3.94 | $2.67 | $2.47 | $2.11 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality