Fortis (FORFF) Operating Margin (2015 - 2026)

Fortis has reported Operating Margin for 12 years, with the latest figure 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.
• The five-year high for Operating Margin was 30.19% in Q3 2023, with the low at 23.77% in Q4 2022.
• Historically, Operating Margin has averaged 27.31% across 5 years, with a median of 28.06% in 2026.
• Annual changes were most pronounced in 2022 — Operating Margin sank 246 bps — and 2023, when it soared 323 bps.
• Fortis' Operating Margin stood at 23.77% in 2022, then increased by 14 bps to 27.0% in 2023, then rose by 9 bps to 29.3% in 2024, then decreased by 4 bps to 28.19% in 2025, then retreated 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.