Fortis (FORFF) Operating Margin (2015 - 2026)
Fortis' (FORFF) quarterly Operating Margin came in at 27.43% in Q2 2026, down 99.0% on a YoY basis from 2743.09% in Q2 2025, and down 2.25% quarter-over-quarter from 28.06% in Q1 2026.
Analysis
Fortis (FORFF) Operating Margin (2015 - 2026) Analysis & Trends
Fortis (FORFF) has reported Operating Margin for 12 consecutive years, with 27.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 99.0% year-over-year to 27.43%; the trailing twelve-month figure through Jun 2026 stood at 28.32% (down 58.0% YoY), and the FY2025 full-year result was 28.69%, up 9.0% from the prior year.
- Operating Margin retreated to 27.43% in Q2 2026 per FORFF's latest filing, from 28.06% 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.
- Historically, Operating Margin has averaged 27.32% across 5 years, with a median of 27.85% in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 246 bps in 2022, then jumped 323 bps in 2023.
- Over 5 years, Operating Margin stood at 23.77% in 2022, then gained by 14 bps to 27.0% in 2023, then advanced by 9 bps to 29.3% in 2024, then dropped by 4 bps to 28.19% in 2025, then declined by 3 bps to 27.43% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 27.43%, 28.06%, and 28.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 309.52 Bn | 309.52 Bn | 890.00 Mn | 30.20% |
| 2 | Dominion Energy | 57.57 Bn | 56.79 Bn | 3.50 Bn | 7.34% |
| 3 | Xcel Energy | 47.48 Bn | 45.47 Bn | 3.12 Bn | 22.64% |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 20.99% |
| 5 | Ameren | 29.36 Bn | 29.35 Bn | - | 21.94% |
| 6 | Firstenergy | 26.73 Bn | 26.54 Bn | 2.51 Bn | 18.41% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 30.67% |
| 8 | Edison International | 22.31 Bn | 22.07 Bn | 3.29 Bn | 25.06% |
| 9 | Cms Energy | 21.18 Bn | 20.94 Bn | 3.65 Bn | 16.54% |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn | 27.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.43% |
| 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% |