Fortis (FRTSF) Net Margin (2015 - 2026)
Fortis posted quarterly Net Margin of 14.72% for Q1 2026, down 23.0% year-on-year from 19.12% in Q1 2025, and up 7.42% on a QoQ basis from 13.71% in Q4 2025.
Fortis (FRTSF) has 12 years of Net Margin data on file, last reported 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.
- Across five years, Net Margin topped out at 15.16% in Q3 2024 and bottomed at 11.33% in Q2 2023.
- The 5-year median for Net Margin is 13.43% (2024), against an average of 13.36%.
- The widest annual swing landed in 2022, when Net Margin sank 164 bps; it then surged 172 bps in 2023.
- A 5-year view of Net Margin shows it stood at 11.68% in 2022, then climbed by 13 bps to 13.21% in 2023, then increased by 2 bps to 13.43% in 2024, then advanced by 2 bps to 13.71% in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 14.72% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 13.52% |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 12.17% |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 13.83% |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 23.42% |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 16.41% |
| 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 | 35.43% |
| 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% |
| Mar 31, 2021 | 13.98% |
| Dec 31, 2020 | 14.11% |
| Sep 30, 2020 | 13.77% |
| Jun 30, 2020 | 13.19% |
| Mar 31, 2020 | 13.05% |
| Dec 31, 2019 | 22.05% |
| Sep 30, 2019 | 20.27% |
| Jun 30, 2019 | 23.40% |
| Mar 31, 2019 | 12.77% |
| Dec 31, 2018 | 15.11% |
| Sep 30, 2018 | 13.57% |
| Jun 30, 2018 | 13.59% |
| Mar 31, 2018 | 14.70% |
| Dec 31, 2017 | 19.15% |
| Sep 30, 2017 | 13.39% |
| Jun 30, 2017 | 12.75% |
| Mar 31, 2017 | 12.93% |
| Dec 31, 2016 | 9.03% |
| Sep 30, 2016 | 12.32% |
| Jun 30, 2016 | 7.24% |
| Mar 31, 2016 | 9.14% |
| Dec 31, 2015 | -21.23% |
| Sep 30, 2015 | 25.93% |
| Jun 30, 2015 | 12.80% |