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Fortis Inc. logo

Fortis Inc. (FTS) Net Margin

Annual Net Margin

16.11%0.23%+1.45%

Summary

Current Value
As of today, FTS annual net margin is 16.11%, up +1.45% on
Historical Performance
FTS annual net margin is up +17.51% over the past 3 years, up +3.60% over the past 5 years
All-Time High Comparison
FTS annual net margin is currently -23.47% below its historical high of 21.05% set on
3-Year Low Comparison
FTS annual net margin is +17.51% above its 3-year low of 13.71% reached on an earlier date
Sector Comparison
FTS annual net margin is higher than 75.96% of companies in Utilities sector

Net Margin Chart

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Performance

FTS Performance
MetricDateValue1Y3Y5Y15Y
Annual Net Margin16.11%+1.4%+17.5%+3.6%+82.7%
Quarterly Net Margin15.75%+3.0%+18.8%-1.8%+71.9%
Price$56.81+23.1%+33.6%+30.9%+66.0%
PE Ratio23.36+20.1%+21.9%+9.8%+15.0%
Annual Revenue$8.71B+3.7%+2.7%+30.8%+144.8%
Annual Net Income$1.40B+5.2%+20.7%+35.5%+347.5%
Annual Gross Margin28.69%+0.3%+15.6%+2.2%+42.0%
Annual Operating Margin28.69%+0.3%+15.6%+2.2%+42.0%

Net Margin Highs

FTS Annual Net Margin Highs Comparison
PeriodHighDateCurrent
3Y16.11%at high
5Y16.11%at high
All21.05%-23.5%

Net Margin Lows

FTS Annual Net Margin Lows Comparison
PeriodLowDateCurrent
3Y13.71%N/A+17.5%
5Y13.71%+17.5%
All5.75%+180.2%

Net Margin History

YearValueChange
16.11%+1.4%
15.88%+6.9%
14.85%+8.3%
13.71%-7.8%
14.87%-4.4%
15.55%-26.1%
21.05%+37.3%
15.33%+13.1%
13.55%+29.9%
10.43%-16.5%
12.49%+75.2%
7.13%-27.8%
9.88%-2.7%
10.15%+3.7%
9.79%+11.0%
8.82%+9.8%
8.03%+15.2%
6.97%-11.4%
7.87%-33.5%
11.83%+5.8%
11.18%+17.7%
YearValueChange
9.50%-1.7%
9.66%-1.5%
9.81%+8.8%
9.02%+32.1%
6.83%+4.4%
6.54%+13.7%
5.75%-22.7%
7.44%-5.6%
7.88%-3.5%
8.17%-3.7%
8.48%-5.1%
8.94%-2.1%
9.13%0.0%
9.13%+6.5%
8.57%-0.6%
8.62%+5.3%
8.19%+0.2%
8.17%-1.3%
8.28%-3.2%
8.55%-

FAQ

  • What is the current annual net margin of FTS?

    As of today, FTS annual net margin is 16.11%

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

    FTS annual net margin is up +1.45% year-over-year

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

    FTS annual net margin is up +17.51% over the past 3 years

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

    FTS annual net margin is currently -23.47% below its historical high of 21.05% set on December 31, 2019

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

    FTS annual net margin is higher than 75.96% 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

Net Margin Formula

Net Margin =  Net Income
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