Fortis Inc. (FTS) Net Margin (2015 - 2026)
Fortis (FTS) reported Net Margin of 13.51% for the quarter ended Jun 30, 2026, down 0.13 percentage points from 13.64% a year earlier and down 1.21 percentage points from the prior quarter.
Fortis Inc. (FTS) Net Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortis' Net Margin came in at 13.99%, down 0.32 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 14.08%, up 0.13 percentage points from the prior year.
- Net Margin has increased for three consecutive years, with a five-year change of +0.55 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at 13.96% in the year ended Dec 31, 2024 (+0.88 pp), 13.08% in the year ended Dec 31, 2023 (+1.03 pp), 12.04% in the year ended Dec 31, 2022 (-0.99 pp) and 13.03% in the year ended Dec 31, 2021 (-0.50 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Net Margin since the quarter ended Dec 31, 2024.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +0.13 percentage points.
- The high point for year-over-year Net Margin in five years was the quarter ended Sep 30, 2021 (a gain of 5.26 percentage points); the low point was the quarter ended Sep 30, 2022 (a drop of 6.26 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 14.72% (quarter ended Mar 31, 2026), 13.71% (quarter ended Dec 31, 2025) and 13.92% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.51% |
| Mar 31, 2026 | 14.72% |
| Dec 31, 2025 | 13.71% |
| Sep 30, 2025 | 13.92% |
| Jun 30, 2025 | 13.64% |
| Mar 31, 2025 | 14.95% |
| Dec 31, 2024 | 13.43% |
| Sep 30, 2024 | 15.16% |
| Jun 30, 2024 | 12.40% |
| Mar 31, 2024 | 14.72% |
| Dec 31, 2023 | 13.21% |
| Sep 30, 2023 | 14.49% |
| Jun 30, 2023 | 11.33% |
| Mar 31, 2023 | 13.17% |
| Dec 31, 2022 | 11.68% |
| Sep 30, 2022 | 12.77% |
| Jun 30, 2022 | 11.42% |
| Mar 31, 2022 | 12.35% |
| Dec 31, 2021 | 12.70% |
| Sep 30, 2021 | 13.43% |
Fortis Inc. Net 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=net-margin&ticker=FTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();