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Fortis Inc. logo

Fortis Inc. (FTS) Gross Margin

Annual Gross Margin

28.69%0.08%+0.28%

Summary

Current Value
As of today, FTS annual gross margin is 28.69%, up +0.28% on
Historical Performance
FTS annual gross margin is up +15.64% over the past 3 years, up +2.21% over the past 5 years
All-Time High Comparison
FTS annual gross margin is currently -31.93% below its historical high of 42.15% set on
3-Year Low Comparison
FTS annual gross margin is +15.64% above its 3-year low of 24.81% reached on an earlier date
Sector Comparison
FTS annual gross margin is higher than 55.66% of companies in Utilities sector

Gross Margin Chart

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Performance

FTS Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin28.69%+0.3%+15.6%+2.2%+42.0%
Quarterly Gross Margin28.19%-3.8%+18.6%+1.7%+47.7%
Price$57.26+29.3%+42.8%+44.2%+67.1%
PE Ratio23.55+26.0%+25.2%+15.1%+8.1%
Annual Revenue$8.71B+3.7%+2.7%+30.8%+144.8%
Annual Gross Profit$2.50B+4.0%+18.7%+33.7%+247.9%
Annual Operating Margin28.69%+0.3%+15.6%+2.2%+42.0%
Annual Net Margin16.11%+1.4%+17.5%+3.6%+82.7%

Gross Margin Highs

FTS Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y28.69%at high
5Y28.69%at high
All42.15%-31.9%

Gross Margin Lows

FTS Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y24.81%N/A+15.6%
5Y24.81%+15.6%
All0.00%N/A

Gross Margin History

YearValueChange
28.69%+0.3%
28.61%+6.8%
26.78%+7.9%
24.81%-5.1%
26.13%-6.9%
28.07%-0.3%
28.15%-0.1%
28.19%-7.4%
30.45%+33.3%
22.84%+7.5%
21.24%+12.1%
18.94%-10.0%
21.05%-3.1%
21.73%+4.8%
20.73%+2.6%
20.20%+4.8%
19.27%+7.5%
17.93%-9.9%
19.90%-15.8%
23.63%-2.4%
24.20%+4.6%
YearValueChange
23.14%-3.1%
23.87%>+9,900.0%
0.00%0.0%
0.00%-100.0%
19.40%-5.1%
20.45%+6.2%
19.26%-54.3%
42.15%+0.1%
42.11%+6.1%
39.69%+5.1%
37.77%-2.7%
38.82%+2.6%
37.84%+1.0%
37.47%-2.9%
38.60%>+9,900.0%
0.00%0.0%
0.00%0.0%
0.00%0.0%
0.00%0.0%
0.00%-

FAQ

  • What is the current annual gross margin of FTS?

    As of today, FTS annual gross margin is 28.69%

  • What is 1-year change in FTS annual gross margin?

    FTS annual gross margin is up +0.28% year-over-year

  • What is 3-year change in FTS annual gross margin?

    FTS annual gross margin is up +15.64% over the past 3 years

  • How far is FTS annual gross margin from its all-time high?

    FTS annual gross margin is currently -31.93% below its historical high of 42.15% set on December 31, 1997

  • How does FTS annual gross margin rank versus sector peers?

    FTS annual gross margin is higher than 55.66% of companies in Utilities sector

  • When is FTS next annual earnings release?

    As of today, the next annual earnings release for FTS has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. FTS Official Website www.fortisinc.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1666175/000166617526000013/0001666175-26-000013-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1666175/000166617526000013/0001666175-26-000013-index.htm
  4. FTS Profile on Yahoo Finance finance.yahoo.com/quote/FTS
  5. FTS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/fts