Growth Metrics

Fortis (FTS) Net Margin (2016 - 2026)

Fortis filings provide 12 years of Net Margin readings, the most recent being 14.72% for Q1 2026.

  • On a quarterly basis, Net Margin fell 23.0% to 14.72% in Q1 2026 year-over-year; TTM through Mar 2026 was 14.03%, a 0.0% change, with the full-year FY2025 number at 14.08%, up 13.0% from a year prior.
  • Net Margin hit 14.72% in Q1 2026 for Fortis, up from 13.71% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 15.16% in Q3 2024 to a low of 11.33% in Q2 2023.
  • Median Net Margin over the past 5 years was 13.43% (2024), compared with a mean of 13.36%.
  • Biggest five-year swings in Net Margin: tumbled -164bps in 2022 and later skyrocketed 172bps in 2023.
  • Fortis' Net Margin stood at 11.68% in 2022, then grew by 13bps to 13.21% in 2023, then rose by 2bps to 13.43% in 2024, then rose by 2bps to 13.71% in 2025, then increased by 7bps to 14.72% in 2026.
  • The last three reported values for Net Margin were 14.72% (Q1 2026), 13.71% (Q4 2025), and 13.92% (Q3 2025) per Business Quant data.