Fortis (FTS) EBIT (2015 - 2026)

Fortis (FTS) posted EBIT of $1.1 billion for Q1 2026, up 9.57% on a QoQ basis from $989.6 million in Q4 2025, and up 5.99% year-over-year from $1.0 billion in Q1 2025.

Fortis (FTS) EBIT (2015 - 2026) Analysis & Trends

Fortis' EBIT history runs 12 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

  • Quarterly EBIT rose 5.99% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 4.99% YoY) and the FY2025 annual result came in at $2.5 billion, up 6.26% from the prior year.
  • EBIT was $1.1 billion for Q1 2026 at Fortis, up from $989.6 million in the prior quarter.
  • Across five years, EBIT topped out at $1.1 billion in Q1 2026 and bottomed at -$3.3 billion in Q4 2022.
  • A 5-year average of $449.4 million and a median of $942.9 million in 2023 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2022 — EBIT dropped 20.48% — and 2024, when it jumped 130.84%.
  • Fortis' EBIT stood at -$3.3 billion in 2022, then grew by 3.3% to -$3.2 billion in 2023, then surged by 130.84% to $976.4 million in 2024, then increased by 1.35% to $989.6 million in 2025, then grew by 9.57% to $1.1 billion in 2026.
  • Business Quant data shows FTS's EBIT at $1.1 billion in Q1 2026, $989.6 million in Q4 2025, and $1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 1.08 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - 1.39 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 754.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 980.00 Mn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - 36.54 Mn
6 Ameren 31.32 Bn 31.43 Bn - 532.00 Mn
7 Edison International 30.65 Bn 30.49 Bn - 2.75 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 828.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - 317.20 Mn
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 490.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.08 Bn
Dec 31, 2025 989.58 Mn
Sep 30, 2025 1.01 Bn
Jun 30, 2025 946.89 Mn
Mar 31, 2025 1.02 Bn
Dec 31, 2024 976.42 Mn
Sep 30, 2024 948.57 Mn
Jun 30, 2024 890.53 Mn
Mar 31, 2024 996.66 Mn
Dec 31, 2023 -3.17 Bn
Sep 30, 2023 942.86 Mn
Jun 30, 2023 814.43 Mn
Mar 31, 2023 936.46 Mn
Dec 31, 2022 -3.27 Bn
Sep 30, 2022 857.99 Mn
Jun 30, 2022 808.66 Mn
Mar 31, 2022 855.00 Mn
Dec 31, 2021 -2.72 Bn
Sep 30, 2021 776.93 Mn
Jun 30, 2021 753.33 Mn