Fortis (FTS) Net Income (2015 - 2026)
Fortis (FTS) posted Net Income of $332.55 million for the quarter ended Jun 30, 2026, up 3.8% from $320.44 million a year earlier but down 18.9% from the prior quarter.
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Analysis
Fortis (FTS) Net Income (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Fortis was $2.16 billion, down 35.0% year-over-year; for the year ended Dec 31, 2025, it was $1.4 billion, up 7.3% from the prior year.
- Annual Net Income has increased for five consecutive years, with a five-year compound annual growth rate of 5.7% (years ended Dec 2020 to Dec 2025).
- In prior years, Fortis' Net Income was $1.31 billion in the year ended Dec 31, 2024 (+3.2%), $1.27 billion in the year ended Dec 31, 2023 (+8.8%), $1.16 billion in the year ended Dec 31, 2022 (+4.5%) and $1.11 billion in the year ended Dec 31, 2021 (+4.6%).
- Quarterly Net Income has run from a low of $257.58 million in the quarter ended Jun 30, 2023 to a high of $1.61 billion in the quarter ended Dec 31, 2024 over five years.
- On a year-over-year basis, Net Income increased in seven of the last eight quarters, with growth averaging 45.2%.
- The strongest year-over-year quarter for Net Income in the past five years was the quarter ended Dec 31, 2024, with growth of 402.6%; the weakest was the quarter ended Dec 31, 2025, with a decline of 78.3%.
- According to Business Quant data, Net Income for the three prior quarters was $409.81 million (quarter ended Mar 31, 2026), $347.79 million (quarter ended Dec 31, 2025) and $1.07 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 4.78 Bn |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 1.17 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 1.58 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 423.00 Mn |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 329.00 Mn |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 942.00 Mn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 487.82 Mn |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 586.00 Mn |
| 10 | Fortis | 29.40 Bn | 29.85 Bn | 1.60 Bn | 332.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 332.55 Mn |
| Mar 31, 2026 | 409.81 Mn |
| Dec 31, 2025 | -370.73 Mn |
| Sep 30, 2025 | 1.07 Bn |
| Jun 30, 2025 | 320.44 Mn |
| Mar 31, 2025 | 388.88 Mn |
| Dec 31, 2024 | -320.70 Mn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 282.95 Mn |
| Mar 31, 2024 | 379.96 Mn |
| Dec 31, 2023 | -290.14 Mn |
| Sep 30, 2023 | 951.06 Mn |
| Jun 30, 2023 | 257.58 Mn |
| Mar 31, 2023 | 358.01 Mn |
| Dec 31, 2022 | -223.22 Mn |
| Sep 30, 2022 | 838.82 Mn |
| Jun 30, 2022 | 258.83 Mn |
| Mar 31, 2022 | 310.26 Mn |
| Dec 31, 2021 | -254.66 Mn |
| Sep 30, 2021 | 821.42 Mn |
API Access
Fortis Net Income 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=net-income&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();