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Fortis (FTS) Operating Margin

Annual Operating Margin

26.78%
+1.97%+7.94%

December 31, 2023

Summary

Performance

1-Year Change

+7.94%

3-Year Change

-4.6%

5-Year Change

-5%

15-Year Change

-11.09%

FTS Operating Margin Chart

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Highlights

Sector Rank

84.07%
FTS annual operating profit margin is higher than 84.07% of companies in Utilities sector

High & Low

All-time High

30.12%
FTS annual operating profit margin is currently -11.09% below its historical high of 30.12%

3-Year Low

24.81%
FTS annual operating profit margin is currently +7.94% 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 Operating Profit

$2.28 B
FTS annual operating income is $2.28 billion

Annual Revenue

$8.53 B
FTS annual revenue is $8.53 billion

Annual Gross Margin

67.26%
FTS annual gross profit margin is 67.26%

Annual Net Margin

13.66%
FTS annual net profit margin is 13.66%

Quarterly Operating Margin

29.38%
+1.74%+6.30%

September 1, 2024

Summary

Performance

3-Month Change

+6.3%

1-Year Change

-2.68%

3-Year Change

+23.6%

5-Year Change

+6.03%

FTS Quarterly Operating Margin Chart

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Highlights

Sector Rank

75.23%
FTS quarterly operating profit margin is higher than 75.23% of companies in Utilities sector

High & Low

All-time High

34.47%
FTS quarterly operating profit margin is currently -14.77% below its historical high of 34.47%

3-Year Low

23.77%
FTS quarterly operating profit margin is currently +23.60% 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 Operating Profit

$596.49 M
FTS quarterly operating income is $596.49 million

Quarterly Revenue

$2.03 B
FTS quarterly revenue is $2.03 billion

Quarterly Gross Margin

73.40%
FTS quarterly gross profit margin is 73.40%

Quarterly Net Margin

15.84%
FTS quarterly net profit margin is 15.84%

Operating Margin Formula

Operating Profit Margin =  Operating Profit
Revenue ✕ 100%

Annual Operating Margin

26.78%
FTS annual operating profit margin is 26.78%

Annual Operating Profit

$2.28 B
FTS annual operating income is $2.28 billion

Annual Revenue

$8.53 B
FTS annual revenue is $8.53 billion

FTS Operating Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+7.9%-2.7%
3 y3 years-4.6%+23.6%
5 y5 years-5.0%+6.0%

FTS Operating Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+7.9%-2.7%+23.6%
5 y5-year-4.6%+7.9%-2.7%+23.6%
alltimeall time-11.1%+49.4%-14.8%+688.8%

Fortis Operating Margin History

DateAnnualQuarterly
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%(+0.2%)
27.71%(-2.4%)
Sep 2020
-
28.38%(-1.4%)
Jun 2020
-
28.79%(+4.6%)
Mar 2020
-
27.52%(-7.2%)
Dec 2019
28.02%(-0.6%)
29.66%(+4.0%)
Sep 2019
-
28.52%(+5.4%)
Jun 2019
-
27.06%(+0.9%)
Mar 2019
-
26.81%(+2.3%)
Dec 2018
28.19%(-6.4%)
26.20%(-10.3%)
Sep 2018
-
29.22%(-1.6%)
Jun 2018
-
29.69%(+6.4%)
Mar 2018
-
27.90%(-1.8%)
Dec 2017
30.12%(+38.9%)
28.42%(-14.2%)
Sep 2017
-
33.14%(+6.7%)
Jun 2017
-
31.07%(+9.7%)
Mar 2017
-
28.32%(+25.6%)
Dec 2016
21.69%(+3.3%)
22.55%(-2.1%)
Sep 2016
-
23.04%(+10.0%)
Jun 2016
-
20.94%(+3.9%)
Mar 2016
-
20.15%(+2.7%)
Dec 2015
21.00%(+10.9%)
19.62%(-13.5%)
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%(+7.0%)
Dec 2013
21.05%(-3.1%)
19.85%(+2.1%)
Sep 2013
-
19.45%(-10.7%)
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%(+9.6%)
DateAnnualQuarterly
Dec 2010
20.21%(+5.0%)
19.13%(-7.0%)
Sep 2010
-
20.56%(+1.6%)
Jun 2010
-
20.24%(-3.5%)
Mar 2010
-
20.97%(+9.1%)
Dec 2009
19.24%(+7.3%)
19.22%(-7.4%)
Sep 2009
-
20.75%(+0.6%)
Jun 2009
-
20.63%(+17.5%)
Mar 2009
-
17.55%(-451.7%)
Dec 2008
17.93%(-9.9%)
-4.99%(-115.6%)
Sep 2008
-
32.05%(+92.7%)
Jun 2008
-
16.63%(-51.8%)
Mar 2008
-
34.47%(+83.9%)
Dec 2007
19.90%(-17.5%)
18.74%(-7.2%)
Sep 2007
-
20.20%(-4.7%)
Jun 2007
-
21.19%(+3.4%)
Mar 2007
-
20.50%(-11.9%)
Dec 2006
24.12%(-2.5%)
23.28%(-12.1%)
Sep 2006
-
26.47%(+15.3%)
Jun 2006
-
22.96%(-3.8%)
Mar 2006
-
23.86%(+15.5%)
Dec 2005
24.73%(+7.4%)
20.65%(-23.9%)
Sep 2005
-
27.12%(-3.8%)
Jun 2005
-
28.18%(+22.2%)
Mar 2005
-
23.06%(+11.8%)
Dec 2004
23.02%(-3.7%)
20.62%(-17.6%)
Sep 2004
-
25.03%(-3.3%)
Jun 2004
-
25.89%(+23.9%)
Mar 2004
-
20.89%(-0.3%)
Dec 2003
23.91%(-1.2%)
20.95%(-21.0%)
Sep 2003
-
26.51%(+0.4%)
Jun 2003
-
26.41%(+37.2%)
Dec 2002
24.20%(+3.2%)
19.25%(-30.2%)
Sep 2002
-
27.59%(+0.5%)
Jun 2002
-
27.44%(+17.3%)
Mar 2002
-
23.40%(+16.2%)
Dec 2001
23.46%(+23.9%)
20.13%(-20.2%)
Sep 2001
-
25.23%(-0.2%)
Jun 2001
-
25.28%(+8.1%)
Mar 2001
-
23.39%(+97.6%)
Dec 2000
18.93%(-7.4%)
11.84%(-45.0%)
Sep 2000
-
21.54%(-4.3%)
Jun 2000
-
22.51%(+10.0%)
Mar 2000
-
20.47%(+21.1%)
Dec 1999
20.45%(+6.7%)
16.90%(-19.4%)
Sep 1999
-
20.96%(-5.9%)
Jun 1999
-
22.27%(+1.7%)
Mar 1999
-
21.89%(+52.4%)
Dec 1998
19.17%(-10.5%)
14.36%(-29.6%)
Sep 1998
-
20.39%(-8.9%)
Jun 1998
-
22.39%(+13.3%)
Mar 1998
-
19.76%(+31.5%)
Dec 1997
21.41%(+1.8%)
15.03%(-30.2%)
Sep 1997
-
21.53%(-15.7%)
Jun 1997
-
25.54%(+11.8%)
Mar 1997
-
22.85%
Dec 1995
21.04%
-

FAQ

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

What is Fortis annual operating profit margin?

The current annual operating margin of FTS is 26.78%

What is the all time high annual operating margin for Fortis?

Fortis all-time high annual operating profit margin is 30.12%

What is Fortis annual operating margin year-on-year change?

Over the past year, FTS annual operating profit margin has changed by +1.97% (+7.94%)

What is Fortis quarterly operating profit margin?

The current quarterly operating margin of FTS is 29.38%

What is the all time high quarterly operating margin for Fortis?

Fortis all-time high quarterly operating profit margin is 34.47%

What is Fortis quarterly operating margin year-on-year change?

Over the past year, FTS quarterly operating profit margin has changed by -0.81% (-2.68%)