Fortis FTS
NYSE FTS
$56.26 +0.04 (+0.07%)
At close: Aug 20, 2026 · 4:00 PM EDT

Fortis (FTS) EBITDA Margin (2015 - 2026)

Fortis (FTS) posted quarterly EBITDA Margin of 32.58% for Q2 2026, down 127.0% year-over-year from 120.68% in Q2 2025, and down 25.43% on a QoQ basis from 43.7% in Q1 2026.

Fortis (FTS) EBITDA Margin (2015 - 2026) Analysis & Trends

Fortis has reported EBITDA Margin for 12 years, with the latest figure at 32.58% in Q2 2026.

  • EBITDA Margin for Q2 2026 came in at 32.58%, down 127.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 1.33% (down 51.0% YoY), and the FY2025 annual result was 28.69%, up 9.0% from the prior year.
  • EBITDA Margin slipped to 32.58% in Q2 2026, from 43.7% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 47.28% in Q3 2025 and troughed at 149.43% in Q4 2023.
  • A 5-year average of 0.04% and a median of 36.0% in 2023 frame the typical range for EBITDA Margin.
  • The widest annual swing landed in 2022, when EBITDA Margin sank 10837 bps; it then surged 2016 bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 140.31% in 2022, then slipped by 6 bps to 149.43% in 2023, then climbed by 13 bps to 129.26% in 2024, then decreased by 2 bps to 131.47% in 2025, then soared by 125 bps to 32.58% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 32.58% in Q2 2026, 43.7% in Q1 2026, and 131.47% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 National Grid 79.78 Bn 75.97 Bn - -
2 Dominion Energy 59.31 Bn 58.52 Bn 3.50 Bn 7.41%
3 Xcel Energy 49.23 Bn 47.22 Bn 3.12 Bn 22.64%
4 Wec Energy 35.31 Bn 35.26 Bn 1.45 Bn 20.99%
5 Ameren 30.14 Bn 30.13 Bn - 21.94%
6 Edison International 28.79 Bn 28.54 Bn 3.29 Bn 25.06%
7 Fortis 28.70 Bn 28.70 Bn 1.60 Bn 48.55%
8 Firstenergy 27.31 Bn 27.12 Bn 2.51 Bn 29.93%
9 Hydro One 24.05 Bn 23.66 Bn - -
10 Cms Energy 21.67 Bn 21.43 Bn 3.65 Bn 16.54%

Historic Data

Download Data
DateValue
Jun 30, 2026 32.58%
Mar 31, 2026 43.70%
Dec 31, 2025 -131.47%
Sep 30, 2025 47.28%
Jun 30, 2025 33.85%
Mar 31, 2025 43.98%
Dec 31, 2024 -129.26%
Sep 30, 2024 46.70%
Jun 30, 2024 32.81%
Mar 31, 2024 43.07%
Dec 31, 2023 -149.43%
Sep 30, 2023 46.49%
Jun 30, 2023 32.00%
Mar 31, 2023 38.14%
Dec 31, 2022 -140.31%
Sep 30, 2022 43.83%
Jun 30, 2022 27.18%
Mar 31, 2022 38.20%
Dec 31, 2021 -31.94%
Sep 30, 2021 44.54%