Fortis (FORFF) Operating Margin (2015 - 2026)
Fortis posted quarterly Operating Margin of 28.06% for Q1 2026, down 49.0% year-on-year from 55.03% in Q1 2025, and little changed on a QoQ basis from 28.19% in Q4 2025.
Fortis (FORFF) has 12 years of Operating Margin data on file, last reported at 28.06% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 49.0% year-over-year to 28.06%; the trailing twelve-month figure through Mar 2026 stood at 28.56% (down 17.0% YoY), and the FY2025 full-year result was 28.69%, up 9.0% from the prior year.
- Operating Margin for Q1 2026 stood at 28.06%, roughly flat from 28.19% in the prior quarter.
- Across five years, Operating Margin topped out at 30.19% in Q3 2023 and bottomed at 23.77% in Q4 2022.
- The 5-year median for Operating Margin is 28.06% (2026), against an average of 27.31%.
- The widest annual swing landed in 2022, when Operating Margin tumbled 246 bps; it then soared 323 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 23.77% in 2022, then rose by 14 bps to 27.0% in 2023, then gained by 9 bps to 29.3% in 2024, then slipped by 4 bps to 28.19% in 2025, then decreased by 0 bps to 28.06% in 2026.
- The last three Operating Margin figures came in at 28.06% (Q1 2026), 28.19% (Q4 2025), and 29.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 28.06% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 93.74% |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 27.73% |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 18.75% |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 28.54% |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 24.45% |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 52.79% |
| 10 | Fortis | - | - | 1.70 Bn | 28.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.06% |
| Dec 31, 2025 | 28.19% |
| Sep 30, 2025 | 29.65% |
| Jun 30, 2025 | 28.42% |
| Mar 31, 2025 | 28.55% |
| Dec 31, 2024 | 29.30% |
| Sep 30, 2024 | 29.38% |
| Jun 30, 2024 | 27.64% |
| Mar 31, 2024 | 28.09% |
| Dec 31, 2023 | 27.00% |
| Sep 30, 2023 | 30.19% |
| Jun 30, 2023 | 25.21% |
| Mar 31, 2023 | 25.01% |
| Dec 31, 2022 | 23.77% |
| Sep 30, 2022 | 27.30% |
| Jun 30, 2022 | 24.69% |
| Mar 31, 2022 | 23.84% |
| Dec 31, 2021 | 25.01% |
| Sep 30, 2021 | 27.23% |
| Jun 30, 2021 | 26.15% |
| Mar 31, 2021 | 26.31% |
| Dec 31, 2020 | 27.71% |
| Sep 30, 2020 | 28.38% |
| Jun 30, 2020 | 28.79% |
| Mar 31, 2020 | 27.52% |
| Dec 31, 2019 | 38.22% |
| Sep 30, 2019 | 36.36% |
| Jun 30, 2019 | 40.01% |
| Mar 31, 2019 | 26.81% |
| Dec 31, 2018 | 29.65% |
| Sep 30, 2018 | 28.90% |
| Jun 30, 2018 | 28.74% |
| Mar 31, 2018 | 27.90% |
| Dec 31, 2017 | 44.08% |
| Sep 30, 2017 | 44.86% |
| Jun 30, 2017 | 31.07% |
| Mar 31, 2017 | 41.38% |
| Dec 31, 2016 | 22.11% |
| Sep 30, 2016 | 23.31% |
| Jun 30, 2016 | 21.06% |
| Mar 31, 2016 | 33.35% |
| Dec 31, 2015 | 19.62% |
| Sep 30, 2015 | 22.67% |
| Jun 30, 2015 | 7.74% |