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Fortis Inc. (FTS) Gross Margin

Annual Gross Margin

28.61%1.83%+6.83%

Summary

Current Value
As of today, FTS annual gross margin is 28.61%, up +6.83% on
Historical Performance
FTS annual gross margin is up +9.49% over the past 3 years, and up +1.63% over the past 5 years
All-Time High Comparison
FTS annual gross margin is currently -32.12% below its historical high of 42.15% set on
3-Year Low Comparison
FTS annual gross margin is +15.32% above its 3-year low of 24.81% reached on an earlier date
Sector Comparison
FTS annual gross margin is higher than 52.83% of companies in Utilities sector

Gross Margin Chart

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Performance

FTS Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin28.61%+6.8%+9.5%+1.6%+48.5%
Quarterly Gross Margin29.65%+0.9%+8.6%+4.5%+44.2%
Price$51.46+22.6%+25.1%+27.7%+50.6%
PE Ratio21.41+20.8%+10.9%+3.0%-1.4%
Annual Revenue$8.40B-1.6%+11.5%+26.7%+163.4%
Annual Gross Profit$2.40B+5.2%+22.0%+28.7%+290.9%
Annual Operating Margin28.61%+6.8%+9.5%+1.6%+48.5%
Annual Net Margin15.88%+6.9%+6.8%-24.6%+97.8%

Gross Margin Highs

FTS Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y28.61%at high
5Y28.61%at high
All42.15%-32.1%

Gross Margin Lows

FTS Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y24.81%N/A+15.3%
5Y24.81%+15.3%
All0.00%N/A

Gross Margin History

YearValueChange
28.61%+6.8%
26.78%+7.9%
24.81%-5.1%
26.13%-6.9%
28.07%-0.3%
28.15%-0.1%
YearValueChange
28.19%-7.4%
30.45%+33.3%
22.84%+7.5%
21.24%+12.1%
18.94%-

FAQ

  • What is the current annual gross margin of FTS?

    As of today, FTS annual gross margin is 28.61%

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

    FTS annual gross margin is up +6.83% year-over-year

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

    FTS annual gross margin is up +9.49% over the past 3 years

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

    FTS annual gross margin is currently -32.12% 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 52.83% of companies in Utilities sector

  • When is FTS next annual earnings release?

    The next annual earnings release for FTS is on

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/1666175/000166617525000051/0001666175-25-000051-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1666175/000166617525000017/0001666175-25-000017-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