Fortis FORFF
NYSE FORFF
$15.73 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Fortis (FORFF) Gross Margin (2015 - 2026)

Fortis' (FORFF) quarterly Gross Margin came in at 75.47% in Q2 2026, up 83.0% on a YoY basis from 41.24% in Q2 2025, and up 10.13% quarter-over-quarter from 68.53% in Q1 2026.

Analysis

Fortis (FORFF) Gross Margin (2015 - 2026) Analysis & Trends

Fortis (FORFF) has reported Gross Margin for 12 consecutive years, with 75.47% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 83.0% year-over-year to 75.47%; the trailing twelve-month figure through Jun 2026 stood at 72.41% (up 1.0% YoY), and the FY2025 full-year result was 72.3%, up 53.0% from the prior year.
  • Gross Margin rose to 75.47% in Q2 2026 per FORFF's latest filing, from 68.53% in the prior quarter.
  • Across five years, Gross Margin topped out at 75.47% in Q2 2026 and bottomed at 59.97% in Q4 2022.
  • Historically, Gross Margin has averaged 69.45% across 5 years, with a median of 69.25% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 576 bps in 2022, then surged 886 bps in 2023.
  • Over 5 years, Gross Margin stood at 59.97% in 2022, then climbed by 15 bps to 68.84% in 2023, then advanced by 6 bps to 73.21% in 2024, then declined by 1 bps to 72.13% in 2025, then increased by 5 bps to 75.47% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 75.47%, 68.53%, and 72.13% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enel Chile 310.56 Bn 310.56 Bn 890.00 Mn 39.24%
2 Dominion Energy 57.37 Bn 56.59 Bn 3.50 Bn 78.04%
3 Xcel Energy 47.65 Bn 45.64 Bn 3.12 Bn 99.94%
4 Wec Energy 34.59 Bn 34.54 Bn 1.45 Bn 70.07%
5 Ameren 29.37 Bn 29.36 Bn - -
6 Firstenergy 26.72 Bn 26.53 Bn 2.51 Bn 68.33%
7 Hydro One 22.94 Bn 22.55 Bn - -
8 Edison International 22.20 Bn 21.96 Bn 3.29 Bn 75.42%
9 Cms Energy 21.18 Bn 20.93 Bn 3.65 Bn 80.00%
10 Fortis 7.98 Bn 9.27 Bn 1.60 Bn 75.47%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 75.47%
Mar 31, 2026 68.53%
Dec 31, 2025 72.13%
Sep 30, 2025 74.17%
Jun 30, 2025 74.64%
Mar 31, 2025 68.84%
Dec 31, 2024 73.21%
Sep 30, 2024 73.40%
Jun 30, 2024 73.30%
Mar 31, 2024 67.64%
Dec 31, 2023 68.84%
Sep 30, 2023 71.57%
Jun 30, 2023 69.66%
Mar 31, 2023 60.47%
Dec 31, 2022 59.97%
Sep 30, 2022 68.51%
Jun 30, 2022 67.95%
Mar 31, 2022 61.80%
Dec 31, 2021 65.74%
Sep 30, 2021 71.58%