Fortis (FINCF) Net Margin (2015 - 2026)
Fortis (FINCF) reported Net Margin of 14.72% for Q1 2026, down 23.0% on a YoY basis from 19.12% in Q1 2025, and up 7.42% quarter-over-quarter from 13.71% in Q4 2025.
Fortis (FINCF) Net Margin (2015 - 2026) Analysis & Trends
Fortis has reported Net Margin for 12 years, with the latest figure at 14.72% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 23.0% year-over-year to 14.72%; the trailing twelve-month figure through Mar 2026 stood at 14.03% (changed 0.0% YoY), and the FY2025 full-year result was 14.08%, up 13.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.72%, up from 13.71% in the prior quarter.
- The five-year high for Net Margin was 15.16% in Q3 2024, with the low at 11.33% in Q2 2023.
- Historically, Net Margin has averaged 13.36% across 5 years, with a median of 13.43% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 164 bps — and 2023, when it surged 172 bps.
- Fortis' Net Margin stood at 11.68% in 2022, then advanced by 13 bps to 13.21% in 2023, then grew by 2 bps to 13.43% in 2024, then gained by 2 bps to 13.71% in 2025, then climbed by 7 bps to 14.72% in 2026.
- The last three Net Margin figures came in at 14.72% (Q1 2026), 13.71% (Q4 2025), and 13.92% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 14.72% |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 12.17% |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 13.83% |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 23.42% |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 16.41% |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 182.39% |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 35.43% |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 11.09% |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 12.38% |
| 10 | Fortis | - | - | 1.70 Bn | 14.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.72% |
| Dec 31, 2025 | 13.71% |
| Sep 30, 2025 | 13.92% |
| Jun 30, 2025 | 13.64% |
| Mar 31, 2025 | 14.95% |
| Dec 31, 2024 | 13.43% |
| Sep 30, 2024 | 15.16% |
| Jun 30, 2024 | 12.40% |
| Mar 31, 2024 | 14.72% |
| Dec 31, 2023 | 13.21% |
| Sep 30, 2023 | 14.49% |
| Jun 30, 2023 | 11.33% |
| Mar 31, 2023 | 13.17% |
| Dec 31, 2022 | 11.68% |
| Sep 30, 2022 | 12.77% |
| Jun 30, 2022 | 11.42% |
| Mar 31, 2022 | 12.35% |
| Dec 31, 2021 | 12.70% |
| Sep 30, 2021 | 13.43% |
| Jun 30, 2021 | 11.88% |