Fortis (FTS) Gross Profit (2015 - 2026)
Fortis (FTS) posted quarterly Gross Profit of $1.6 billion for Q2 2026, up 5.46% year-over-year from $1.5 billion in Q2 2025, and down 5.96% on a QoQ basis from $1.7 billion in Q1 2026.
Fortis (FTS) Gross Profit (2015 - 2026) Analysis & Trends
Fortis has reported Gross Profit for 12 years, with the latest figure at $1.6 billion in Q2 2026.
- Gross Profit for Q2 2026 came in at $1.6 billion, up 5.46% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.5 billion (up 5.22% YoY), and the FY2025 annual result was $6.3 billion, up 6.72% from the prior year.
- Gross Profit slipped to $1.6 billion in Q2 2026, from $1.7 billion in the prior quarter.
- Over five years, Gross Profit peaked at $1.7 billion in Q1 2026 and troughed at $1.3 billion in Q2 2022.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2023 frame the typical range for Gross Profit.
- The largest YoY upside for Gross Profit was 8.24% in 2023 against a maximum downside of 1.49% in 2023.
- A 5-year view of Gross Profit shows it stood at $1.4 billion in 2022, then grew by 4.22% to $1.5 billion in 2023, then grew by 5.95% to $1.5 billion in 2024, then advanced by 3.05% to $1.6 billion in 2025, then advanced by 0.41% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $1.6 billion in Q2 2026, $1.7 billion in Q1 2026, and $1.6 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Bn |
| Jun 30, 2026 | 1.60 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.59 Bn |
| Dec 31, 2025 | 1.59 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Mar 31, 2025 | 1.60 Bn |
| Mar 31, 2025 | 1.60 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.57 Bn |
| Mar 31, 2024 | 1.57 Bn |