Fortis Inc. (FTS) Gross Margin (2015 - 2026)
Fortis (FTS) recorded Gross Margin of 75.47% in the quarter ended Jun 30, 2026, up 0.83 percentage points from 74.64% a year earlier and up 6.94 percentage points from the prior quarter.
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Fortis Inc. (FTS) Gross Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Fortis' Gross Margin came in at 72.41% as of Jun 30, 2026, up 0.01 percentage points year-over-year; for the year ended Dec 31, 2025, it was 72.30%, up 0.53 percentage points from the prior year.
- Annual Gross Margin has increased for three straight years, with a five-year change of +0.97 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gross Margin came in at 71.77% in the year ended Dec 31, 2024 (+4.51 pp), 67.26% in the year ended Dec 31, 2023 (+3.04 pp), 64.21% in the year ended Dec 31, 2022 (-4.55 pp) and 68.77% in the year ended Dec 31, 2021 (-2.56 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Gross Margin in data going back to the quarter ended Jun 30, 2015.
- On a year-over-year basis, Gross Margin rose in six of the last eight quarters, with an average year-over-year change of +1.12 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 8.86 percentage points in the quarter ended Dec 31, 2023, against a drop of 5.76 percentage points in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 68.53% (quarter ended Mar 31, 2026), 72.13% (quarter ended Dec 31, 2025) and 74.17% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.47% |
| Mar 31, 2026 | 68.53% |
| Dec 31, 2025 | 72.13% |
| Sep 30, 2025 | 74.17% |
| Jun 30, 2025 | 74.64% |
| Mar 31, 2025 | 68.84% |
| Dec 31, 2024 | 73.21% |
| Sep 30, 2024 | 73.40% |
| Jun 30, 2024 | 73.30% |
| Mar 31, 2024 | 67.64% |
| Dec 31, 2023 | 68.84% |
| Sep 30, 2023 | 71.57% |
| Jun 30, 2023 | 69.66% |
| Mar 31, 2023 | 60.47% |
| Dec 31, 2022 | 59.97% |
| Sep 30, 2022 | 68.51% |
| Jun 30, 2022 | 67.95% |
| Mar 31, 2022 | 61.80% |
| Dec 31, 2021 | 65.74% |
| Sep 30, 2021 | 71.58% |
API Access
Fortis Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();