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Fortis (FTS) Net Income

Annual Net Income

$1.16 B
+$93.50 M+8.73%

December 31, 2023

Summary

Performance

1-Year Change

+8.73%

3-Year Change

+22.52%

5-Year Change

+29.48%

15-Year Change

+46.87%

FTS Net Income Chart

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Highlights

Sector Rank

83.62%
FTS annual net profit is higher than 83.62% of companies in Utilities sector

High & Low

All-time High

$1.30 B
FTS annual net profit is currently -10.21% below its historical high of $1.30 billion

3-Year Low

$1.03 B
FTS annual net profit is currently +12.87% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
FTS previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 14, 2025
FTS next annual earnings announcement is scheduled for Feb 14, 2025

OtherFTSprofitabilitymetrics:

Annual Net Margin

13.66%
FTS annual net profit margin is 13.66%

Annual Revenue

$8.53 B
FTS annual revenue is $8.53 billion

Annual Gross Profit

$5.74 B
FTS annual gross profit is $5.74 billion

Annual EPS

$2.30
FTS annual earnings per share is $2.30

Quarterly Net Income

$321.70 M
+$66.70 M+26.16%

September 1, 2024

Summary

Performance

3-Month Change

+26.16%

1-Year Change

+5.04%

3-Year Change

+13.2%

5-Year Change

+20.47%

FTS Quarterly Net Income Chart

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Highlights

Sector Rank

71.93%
FTS quarterly net profit is higher than 71.93% of companies in Utilities sector

High & Low

All-time High

$550.71 M
FTS quarterly net profit is currently -41.58% below its historical high of $550.71 million

3-Year Low

$231.20 M
FTS quarterly net profit is currently +39.14% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
FTS previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

Feb 14, 2025
FTS next earnings announcement is scheduled for Feb 14, 2025

OtherFTSprofitabilitymetrics:

Quarterly Net Margin

15.84%
FTS quarterly net profit margin is 15.84%

Quarterly Revenue

$2.03 B
FTS quarterly revenue is $2.03 billion

Quarterly Gross Profit

$1.49 B
FTS quarterly gross profit is $1.49 billion

Quarterly EPS

$0.62
FTS quarterly earnings per share is $0.62

TTM Net Income

$1.22 B
+$15.44 M+1.28%

September 1, 2024

Summary

Performance

3-Month Change

+1.28%

1-Year Change

+5.73%

3-Year Change

+14.31%

5-Year Change

+28.45%

FTS TTM Net Income Chart

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Highlights

Sector Rank

78.95%
FTS TTM net profit is higher than 78.95% of companies in Utilities sector

High & Low

All-time High

$1.29 B
FTS TTM net profit is currently -5.57% below its historical high of $1.29 billion

3-Year Low

$1.03 B
FTS TTM net profit is currently +19.07% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
FTS previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

Feb 14, 2025
FTS next earnings announcement is scheduled for Feb 14, 2025

OtherFTSprofitabilitymetrics:

Annual Net Margin

13.66%
FTS annual net profit margin is 13.66%

TTM Revenue

$8.41 B
FTS TTM revenue is $8.41 billion

TTM Gross Profit

$5.94 B
FTS TTM gross profit is $5.94 billion

TTM EPS

$2.37
FTS TTM earnings per share is $2.37

Net Income Formula

Net Income = Revenue − COGS − Operating Expenses − Interest − Taxes − Other Expenses

Annual Net Income

$1.16 B
FTS annual net profit is $1.16 billion

Annual Revenue

$8.53 B
FTS annual revenue is $8.53 billion

Annual Cost Of Goods Sold

$2.79 B
FTS annual cost of goods sold is $2.79 billion

Annual Operating Expenses

$3.45 B
FTS annual total operating expenses is $3.45 billion

Annual Interest Expense

$966.48 M
FTS annual interest expense is $966.48 million

Annual Income Tax

$266.62 M
FTS annual income tax is $266.62 million

FTS Net Income Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year+8.7%+5.0%+5.7%
3 y3 years+22.5%+13.2%+14.3%
5 y5 years+29.5%+20.5%+28.4%

FTS Net Income Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-yearat high+12.9%-9.0%+39.1%at high+19.1%
5 y5-year-10.2%+22.5%-9.0%+53.3%-5.6%+28.4%
alltimeall time-10.2%+6194.7%-41.6%>+9999.0%-5.6%>+9999.0%

Fortis Net Income History

DateAnnualQuarterlyTTM
Sep 2024
-
$321.70 M(+26.2%)
$1.22 B(+1.3%)
Jun 2024
-
$254.99 M(-27.9%)
$1.21 B(+2.0%)
Mar 2024
-
$353.67 M(+21.0%)
$1.18 B(+1.6%)
Dec 2023
$1.16 B(+8.7%)
$292.36 M(-4.5%)
$1.16 B(+0.7%)
Sep 2023
-
$306.25 M(+32.5%)
$1.16 B(+4.0%)
Jun 2023
-
$231.20 M(-30.9%)
$1.11 B(-0.3%)
Mar 2023
-
$334.81 M(+17.8%)
$1.12 B(+4.3%)
Dec 2022
$1.07 B(+3.8%)
$284.18 M(+8.5%)
$1.07 B(+1.1%)
Sep 2022
-
$261.92 M(+11.6%)
$1.06 B(+1.4%)
Jun 2022
-
$234.77 M(-18.7%)
$1.04 B(+1.5%)
Mar 2022
-
$288.79 M(+6.1%)
$1.03 B(-0.4%)
Dec 2021
$1.03 B(+8.5%)
$272.12 M(+10.2%)
$1.03 B(+0.5%)
Sep 2021
-
$246.92 M(+12.7%)
$1.03 B(+1.6%)
Jun 2021
-
$219.04 M(-25.2%)
$1.01 B(+0.9%)
Mar 2021
-
$292.71 M(+9.6%)
$1.00 B(+5.1%)
Dec 2020
$950.86 M(-26.7%)
$267.02 M(+15.9%)
$951.92 M(-0.8%)
Sep 2020
-
$230.36 M(+9.7%)
$959.86 M(+0.8%)
Jun 2020
-
$209.92 M(-14.2%)
$952.05 M(-26.4%)
Mar 2020
-
$244.62 M(-11.0%)
$1.29 B(-0.2%)
Dec 2019
$1.30 B(+44.2%)
$274.97 M(+23.6%)
$1.29 B(+5.3%)
Sep 2019
-
$222.55 M(-59.6%)
$1.23 B(-0.1%)
Jun 2019
-
$550.71 M(+123.3%)
$1.23 B(+40.0%)
Mar 2019
-
$246.60 M(+17.3%)
$879.35 M(-2.4%)
Dec 2018
$899.75 M(+13.4%)
$210.23 M(-5.9%)
$901.15 M(+11.4%)
Sep 2018
-
$223.36 M(+12.2%)
$808.85 M(-1.4%)
Jun 2018
-
$199.16 M(-25.8%)
$820.04 M(-0.5%)
Mar 2018
-
$268.41 M(+127.6%)
$824.56 M(+4.3%)
Dec 2017
$793.21 M(+59.2%)
$117.93 M(-49.7%)
$790.24 M(-4.3%)
Sep 2017
-
$234.54 M(+15.2%)
$825.92 M(+17.0%)
Jun 2017
-
$203.67 M(-13.0%)
$705.62 M(+17.8%)
Mar 2017
-
$234.09 M(+52.4%)
$598.94 M(+20.6%)
Dec 2016
$498.38 M(-21.0%)
$153.61 M(+34.5%)
$496.72 M(+8.4%)
Sep 2016
-
$114.24 M(+17.8%)
$458.42 M(-3.3%)
Jun 2016
-
$97.00 M(-26.4%)
$474.10 M(-19.8%)
Mar 2016
-
$131.87 M(+14.4%)
$591.00 M(-7.0%)
Dec 2015
$630.72 M(+83.7%)
$115.31 M(-11.3%)
$635.19 M(-0.3%)
Sep 2015
-
$129.93 M(-39.3%)
$636.86 M(+19.4%)
Jun 2015
-
$213.89 M(+21.5%)
$533.57 M(+42.4%)
Mar 2015
-
$176.07 M(+50.5%)
$374.68 M(+9.9%)
Dec 2014
$343.30 M(-13.8%)
$116.98 M(+339.2%)
$341.03 M(+2.8%)
Sep 2014
-
$26.64 M(-51.6%)
$331.69 M(-9.5%)
Jun 2014
-
$55.00 M(-61.4%)
$366.67 M(-3.0%)
Mar 2014
-
$142.42 M(+32.3%)
$378.13 M(-5.3%)
Dec 2013
$398.16 M(+10.0%)
$107.64 M(+74.7%)
$399.46 M(+1.7%)
Sep 2013
-
$61.61 M(-7.3%)
$392.68 M(+1.4%)
Jun 2013
-
$66.46 M(-59.4%)
$387.30 M(-1.7%)
Mar 2013
-
$163.75 M(+62.4%)
$394.11 M(+8.8%)
Dec 2012
$362.10 M(+0.3%)
$100.85 M(+79.4%)
$362.13 M(+2.6%)
Sep 2012
-
$56.23 M(-23.3%)
$353.10 M(-3.3%)
Jun 2012
-
$73.27 M(-44.4%)
$365.30 M(+0.5%)
Mar 2012
-
$131.78 M(+43.5%)
$363.31 M(+0.8%)
Dec 2011
$361.04 M(+19.0%)
$91.82 M(+34.2%)
$360.32 M(+0.3%)
Sep 2011
-
$68.43 M(-4.0%)
$359.30 M(+5.4%)
Jun 2011
-
$71.29 M(-44.6%)
$340.91 M(+3.0%)
Mar 2011
-
$128.78 M(+41.8%)
$330.85 M(+8.9%)
Dec 2010
$303.47 M
$90.80 M(+81.5%)
$303.93 M(+3.5%)
DateAnnualQuarterlyTTM
Sep 2010
-
$50.04 M(-18.3%)
$293.56 M(+4.5%)
Jun 2010
-
$61.23 M(-39.9%)
$280.90 M(+4.2%)
Mar 2010
-
$101.87 M(+26.7%)
$269.50 M(+10.1%)
Dec 2009
$246.50 M(+1.1%)
$80.43 M(+115.2%)
$244.88 M(+5.9%)
Sep 2009
-
$37.37 M(-25.0%)
$231.17 M(-5.9%)
Jun 2009
-
$49.83 M(-35.5%)
$245.66 M(+8.0%)
Mar 2009
-
$77.25 M(+15.8%)
$227.51 M(-5.9%)
Dec 2008
$243.91 M(+31.0%)
$66.72 M(+28.6%)
$241.78 M(-6.1%)
Sep 2008
-
$51.87 M(+63.7%)
$257.35 M(+8.9%)
Jun 2008
-
$31.68 M(-65.4%)
$236.39 M(-3.1%)
Mar 2008
-
$91.51 M(+11.2%)
$243.98 M(+29.0%)
Dec 2007
$186.12 M(+41.7%)
$82.30 M(+166.3%)
$189.17 M(+36.9%)
Sep 2007
-
$30.90 M(-21.3%)
$138.19 M(-2.6%)
Jun 2007
-
$39.27 M(+7.0%)
$141.89 M(+4.0%)
Mar 2007
-
$36.70 M(+17.2%)
$136.43 M(+3.8%)
Dec 2006
$131.36 M(+16.0%)
$31.32 M(-9.5%)
$131.43 M(+10.4%)
Sep 2006
-
$34.60 M(+2.3%)
$119.07 M(+3.0%)
Jun 2006
-
$33.82 M(+6.7%)
$115.62 M(+2.8%)
Mar 2006
-
$31.69 M(+67.1%)
$112.48 M(-0.2%)
Dec 2005
$113.20 M(+61.8%)
$18.96 M(-39.1%)
$112.76 M(+1.4%)
Sep 2005
-
$31.15 M(+1.5%)
$111.18 M(+11.7%)
Jun 2005
-
$30.68 M(-4.0%)
$99.50 M(+15.1%)
Mar 2005
-
$31.97 M(+84.0%)
$86.43 M(+23.7%)
Dec 2004
$69.95 M(+32.8%)
$17.38 M(-10.7%)
$69.85 M(+9.7%)
Sep 2004
-
$19.47 M(+10.6%)
$63.69 M(+11.1%)
Jun 2004
-
$17.61 M(+14.4%)
$57.33 M(+5.0%)
Mar 2004
-
$15.39 M(+37.1%)
$54.60 M(+4.1%)
Dec 2003
$52.68 M(+30.7%)
$11.22 M(-14.4%)
$52.42 M(+5.0%)
Sep 2003
-
$13.11 M(-11.9%)
$49.95 M(+3.3%)
Jun 2003
-
$14.88 M(+12.6%)
$48.35 M(+9.6%)
Mar 2003
-
$13.21 M(+51.0%)
$44.13 M(+9.5%)
Dec 2002
$40.30 M(+16.4%)
$8.75 M(-24.0%)
$40.32 M(+6.6%)
Sep 2002
-
$11.52 M(+8.1%)
$37.83 M(+11.7%)
Jun 2002
-
$10.65 M(+13.3%)
$33.86 M(-0.3%)
Mar 2002
-
$9.40 M(+50.1%)
$33.95 M(-2.1%)
Dec 2001
$34.62 M(+39.8%)
$6.26 M(-17.0%)
$34.69 M(+1.4%)
Sep 2001
-
$7.55 M(-29.7%)
$34.22 M(+10.7%)
Jun 2001
-
$10.74 M(+5.9%)
$30.90 M(+12.2%)
Mar 2001
-
$10.14 M(+75.3%)
$27.53 M(+11.1%)
Dec 2000
$24.76 M(+26.0%)
$5.79 M(+36.8%)
$24.78 M(+8.2%)
Sep 2000
-
$4.23 M(-42.6%)
$22.92 M(+4.2%)
Jun 2000
-
$7.37 M(-0.3%)
$21.99 M(+10.0%)
Mar 2000
-
$7.40 M(+88.7%)
$19.99 M(+2.0%)
Dec 1999
$19.64 M(+6.1%)
$3.92 M(+18.4%)
$19.60 M(-3.1%)
Sep 1999
-
$3.31 M(-38.4%)
$20.22 M(+2.5%)
Jun 1999
-
$5.37 M(-23.3%)
$19.73 M(+0.3%)
Mar 1999
-
$7.00 M(+54.2%)
$19.68 M(+5.8%)
Dec 1998
$18.51 M(-14.6%)
$4.54 M(+60.7%)
$18.59 M(+13.1%)
Sep 1998
-
$2.83 M(-46.9%)
$16.44 M(-5.2%)
Jun 1998
-
$5.32 M(-10.1%)
$17.34 M(-10.6%)
Mar 1998
-
$5.91 M(+148.3%)
$19.40 M(-10.9%)
Dec 1997
$21.68 M(-18.8%)
$2.38 M(-36.2%)
$21.78 M(+12.3%)
Sep 1997
-
$3.73 M(-49.4%)
$19.40 M(+23.8%)
Jun 1997
-
$7.37 M(-11.0%)
$15.67 M(+89.0%)
Mar 1997
-
$8.29 M
$8.29 M
Dec 1996
$26.69 M(+4.5%)
-
-
Dec 1995
$25.54 M
-
-

FAQ

  • What is Fortis annual net profit?
  • What is the all time high annual net income for Fortis?
  • What is Fortis annual net income year-on-year change?
  • What is Fortis quarterly net profit?
  • What is the all time high quarterly net income for Fortis?
  • What is Fortis quarterly net income year-on-year change?
  • What is Fortis TTM net profit?
  • What is the all time high TTM net income for Fortis?
  • What is Fortis TTM net income year-on-year change?

What is Fortis annual net profit?

The current annual net income of FTS is $1.16 B

What is the all time high annual net income for Fortis?

Fortis all-time high annual net profit is $1.30 B

What is Fortis annual net income year-on-year change?

Over the past year, FTS annual net profit has changed by +$93.50 M (+8.73%)

What is Fortis quarterly net profit?

The current quarterly net income of FTS is $321.70 M

What is the all time high quarterly net income for Fortis?

Fortis all-time high quarterly net profit is $550.71 M

What is Fortis quarterly net income year-on-year change?

Over the past year, FTS quarterly net profit has changed by +$15.44 M (+5.04%)

What is Fortis TTM net profit?

The current TTM net income of FTS is $1.22 B

What is the all time high TTM net income for Fortis?

Fortis all-time high TTM net profit is $1.29 B

What is Fortis TTM net income year-on-year change?

Over the past year, FTS TTM net profit has changed by +$66.27 M (+5.73%)