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| Date | Value |
|---|---|
| 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% |