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Fortis Inc. (FTS) Gross margin

annual gross margin:

28.61%+1.83%(+6.83%)
December 31, 2024

Summary

  • As of today (August 18, 2025), FTS annual gross profit margin is 28.61%, with the most recent change of +1.83% (+6.83%) on December 31, 2024.
  • During the last 3 years, FTS annual gross margin has risen by +2.48% (+9.49%).
  • FTS annual gross margin is now -32.12% below its all-time high of 42.15%, reached on December 31, 1997.

Performance

1-year change

+6.83%

3-year change

+9.49%

5-year change

+1.63%

15-year change

-6.04%

FTS Gross margin Chart

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Highlights

Sector rank

51.38%
FTS annual gross profit margin is higher than 51.38% of companies in Utilities sector

Range

All-time high

42.15%
FTS annual gross profit margin is currently -32.12% below its historical high of 42.15%

3-year low

24.81%
FTS annual gross profit margin is currently +15.32% above its 3-year low

Earnings dates

Last annual earnings report date

Dec 31, 2024
FTS previous annual earnings announcement was published on Dec 31, 2024

Next annual earnings report date

N/A
FTS next annual earnings announcement has not yet been scheduled

OtherFTSprofitability metrics

Annual revenue

$8.40B
FTS annual revenue is $8.40 billion

Annual gross profit

$2.40B
FTS annual gross profit is $2.40 billion

annual operating margin

28.61%
FTS annual operating profit margin is 28.61%

annual net margin

15.88%
FTS annual net profit margin is 15.88%

quarterly gross margin:

28.42%-0.13%(-0.46%)
June 30, 2025

Summary

  • As of today (August 18, 2025), FTS quarterly gross profit margin is 28.42%, with the most recent change of -0.13% (-0.46%) on June 30, 2025.
  • Over the past year, FTS quarterly gross margin has increased by +0.78% (+2.82%).
  • FTS quarterly gross margin is now -49.41% below its all-time high of 56.18%, reached on June 30, 1997.

Performance

3-month change

-0.46%

1-year change

+2.82%

3-year change

+15.11%

5-year change

-1.29%

FTS quarterly gross margin Chart

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Highlights

Sector rank

54.72%
FTS quarterly gross profit margin is higher than 54.72% of companies in Utilities sector

Range

All-time high

56.18%
FTS quarterly gross profit margin is currently -49.41% below its historical high of 56.18%

3-year low

23.77%
FTS quarterly gross profit margin is currently +19.56% above its 3-year low

Earnings dates

Last quarterly earnings report date

Jun 30, 2025
FTS previous earnings announcement was published on Jun 30, 2025

Next quarterly earnings report date

Nov 4, 2025
FTS next earnings announcement is scheduled for Nov 4, 2025

OtherFTSprofitability metrics

Quarterly revenue

$2.03B
FTS quarterly revenue is $2.03 billion

quarterly gross profit

$578.07M
FTS quarterly gross profit is $578.07 million

quarterly operating margin

28.42%
FTS quarterly operating profit margin is 28.42%

Quarterly net margin

14.35%
FTS quarterly net profit margin is 14.35%

Gross margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

annual gross margin

28.61%
FTS annual gross profit margin is 28.61%

Annual gross profit

$2.40B
FTS annual gross profit is $2.40 billion

Annual revenue

$8.40B
FTS annual revenue is $8.40 billion

FTS Gross margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+6.8%+2.8%
3 y3 years+9.5%+15.1%
5 y5 years+1.6%-1.3%

FTS Gross margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+15.3%-5.9%+19.6%
5 y5-yearat high+15.3%-5.9%+19.6%
alltimeall time-32.1%>+9999.0%-49.4%+141.1%

FTS Gross margin History

DateAnnualQuarterly
Jun 2025
-
28.42%(-0.5%)
Mar 2025
-
28.55%(-2.6%)
Dec 2024
28.61%(+6.8%)
29.30%(-0.3%)
Sep 2024
-
29.38%(+6.3%)
Jun 2024
-
27.64%(-1.6%)
Mar 2024
-
28.09%(+4.0%)
Dec 2023
26.78%(+7.9%)
27.00%(-10.6%)
Sep 2023
-
30.19%(+19.8%)
Jun 2023
-
25.21%(+0.8%)
Mar 2023
-
25.01%(+5.2%)
Dec 2022
24.81%(-5.1%)
23.77%(-12.9%)
Sep 2022
-
27.30%(+10.6%)
Jun 2022
-
24.69%(+3.6%)
Mar 2022
-
23.84%(-4.7%)
Dec 2021
26.13%(-6.9%)
25.01%(-8.2%)
Sep 2021
-
27.23%(+4.1%)
Jun 2021
-
26.15%(-0.6%)
Mar 2021
-
26.31%(-5.1%)
Dec 2020
28.07%(-0.3%)
27.71%(-2.4%)
Sep 2020
-
28.38%(-1.4%)
Jun 2020
-
28.79%(+4.6%)
Mar 2020
-
27.52%(-7.5%)
Dec 2019
28.15%(-0.1%)
29.76%(+4.3%)
Sep 2019
-
28.52%(+5.4%)
Jun 2019
-
27.06%(+0.9%)
Mar 2019
-
26.81%(+2.3%)
Dec 2018
28.19%(-7.4%)
26.20%(-10.3%)
Sep 2018
-
29.22%(-1.6%)
Jun 2018
-
29.69%(+6.4%)
Mar 2018
-
27.90%(-3.1%)
Dec 2017
30.45%(+33.3%)
28.80%(-13.1%)
Sep 2017
-
33.14%(+6.7%)
Jun 2017
-
31.07%(+10.2%)
Mar 2017
-
28.19%(+17.4%)
Dec 2016
22.84%(+7.5%)
24.02%(+3.1%)
Sep 2016
-
23.30%(+11.3%)
Jun 2016
-
20.94%(+3.9%)
Mar 2016
-
20.15%(-1.9%)
Dec 2015
21.24%(+12.1%)
20.55%(-9.4%)
Sep 2015
-
22.67%(+6.0%)
Jun 2015
-
21.39%(+4.0%)
Mar 2015
-
20.57%(+19.7%)
Dec 2014
18.94%(-10.0%)
17.19%(-9.0%)
Sep 2014
-
18.88%(+1.2%)
Jun 2014
-
18.66%(-12.1%)
Mar 2014
-
21.24%(+0.9%)
Dec 2013
21.05%(-3.1%)
21.06%(+16.9%)
Sep 2013
-
18.02%(-17.2%)
Jun 2013
-
21.77%(-6.1%)
Mar 2013
-
23.18%(+14.1%)
Dec 2012
21.73%(+4.8%)
20.32%(-8.2%)
Sep 2012
-
22.13%(-4.2%)
Jun 2012
-
23.11%(+6.2%)
Mar 2012
-
21.76%(+9.2%)
Dec 2011
20.73%(+2.6%)
19.92%(-6.6%)
Sep 2011
-
21.32%(+1.9%)
Jun 2011
-
20.92%(-0.2%)
Mar 2011
-
20.97%(+9.8%)
Dec 2010
20.20%
19.09%(-7.1%)
Sep 2010
-
20.56%(+1.7%)
DateAnnualQuarterly
Jun 2010
-
20.22%(-3.3%)
Mar 2010
-
20.91%(+8.6%)
Dec 2009
19.27%(+7.5%)
19.25%(-7.4%)
Sep 2009
-
20.78%(+0.4%)
Jun 2009
-
20.69%(+17.8%)
Mar 2009
-
17.57%(-48.6%)
Dec 2008
17.93%(-9.9%)
34.18%(+69.0%)
Sep 2008
-
20.22%(+21.6%)
Jun 2008
-
16.63%(-11.8%)
Mar 2008
-
18.85%(-50.4%)
Dec 2007
19.90%(-15.8%)
38.02%(+88.2%)
Sep 2007
-
20.20%(-4.7%)
Jun 2007
-
21.19%(+3.6%)
Mar 2007
-
20.46%(-10.2%)
Dec 2006
23.63%(-2.4%)
22.79%(-11.5%)
Sep 2006
-
25.75%(+14.2%)
Jun 2006
-
22.54%(-4.4%)
Mar 2006
-
23.58%(+16.9%)
Dec 2005
24.20%(+4.6%)
20.17%(-23.9%)
Sep 2005
-
26.51%(-3.9%)
Jun 2005
-
27.60%(+22.0%)
Mar 2005
-
22.62%(-132.7%)
Dec 2004
23.14%(-3.1%)
-69.13%(-383.6%)
Sep 2004
-
24.38%(-3.6%)
Jun 2004
-
25.28%(+24.2%)
Mar 2004
-
20.35%(-2.1%)
Dec 2003
23.87%(>+9900.0%)
20.79%(-21.6%)
Sep 2003
-
26.51%(+0.4%)
Jun 2003
-
26.41%(+18.6%)
Mar 2003
-
22.26%(>+9900.0%)
Dec 2002
0.00%(0.0%)
0.00%(0.0%)
Sep 2002
-
0.00%(0.0%)
Jun 2002
-
0.00%(-100.0%)
Mar 2002
-
23.40%(>+9900.0%)
Dec 2001
0.00%(-100.0%)
0.00%(-100.0%)
Sep 2001
-
25.28%(+4.2%)
Jun 2001
-
24.27%(+19.7%)
Mar 2001
-
20.28%(>+9900.0%)
Dec 2000
19.40%(-5.1%)
0.00%(0.0%)
Sep 2000
-
0.00%(0.0%)
Jun 2000
-
0.00%(0.0%)
Mar 2000
-
0.00%(0.0%)
Dec 1999
20.45%(+6.2%)
-
Sep 1999
-
0.00%(0.0%)
Jun 1999
-
0.00%(-100.0%)
Dec 1998
19.26%(-54.3%)
-
Dec 1997
42.15%(+0.1%)
-
Jun 1997
-
56.18%(+19.0%)
Mar 1997
-
47.21%
Dec 1996
42.11%(+6.1%)
-
Dec 1995
39.69%(+5.1%)
-
Dec 1994
37.77%(-2.7%)
-
Dec 1993
38.82%(+2.6%)
-
Dec 1992
37.84%(+1.0%)
-
Dec 1991
37.47%(-2.9%)
-
Dec 1990
38.60%(>+9900.0%)
-
Dec 1989
0.00%(0.0%)
-
Dec 1988
0.00%(0.0%)
-
Dec 1987
0.00%(0.0%)
-
Dec 1986
0.00%(0.0%)
-
Dec 1985
0.00%
-

FAQ

  • What is Fortis Inc. annual gross profit margin?
  • What is the all time high annual gross margin for Fortis Inc.?
  • What is Fortis Inc. annual gross margin year-on-year change?
  • What is Fortis Inc. quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Fortis Inc.?
  • What is Fortis Inc. quarterly gross margin year-on-year change?

What is Fortis Inc. annual gross profit margin?

The current annual gross margin of FTS is 28.61%

What is the all time high annual gross margin for Fortis Inc.?

Fortis Inc. all-time high annual gross profit margin is 42.15%

What is Fortis Inc. annual gross margin year-on-year change?

Over the past year, FTS annual gross profit margin has changed by +1.83% (+6.83%)

What is Fortis Inc. quarterly gross profit margin?

The current quarterly gross margin of FTS is 28.42%

What is the all time high quarterly gross margin for Fortis Inc.?

Fortis Inc. all-time high quarterly gross profit margin is 56.18%

What is Fortis Inc. quarterly gross margin year-on-year change?

Over the past year, FTS quarterly gross profit margin has changed by +0.78% (+2.82%)
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