Fortis Inc. (FTS) Operating Margin (2015 - 2026)
Fortis (FTS) posted Operating Margin of 27.43% for the quarter ended Jun 30, 2026, down 0.99 percentage points from 28.42% a year earlier and down 0.63 percentage points from the prior quarter.
Fortis Inc. (FTS) Operating Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Fortis was 28.32%, down 0.58 percentage points year-over-year; for the year ended Dec 31, 2025, it was 28.69%, up 0.09 percentage points from the prior year.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +0.62 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Fortis' Operating Margin was 28.61% in the year ended Dec 31, 2024 (+1.83 pp), 26.78% in the year ended Dec 31, 2023 (+1.97 pp), 24.81% in the year ended Dec 31, 2022 (-1.32 pp) and 26.13% in the year ended Dec 31, 2021 (-1.94 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Operating Margin since the quarter ended Dec 31, 2023.
- On a year-over-year basis, Operating Margin has declined in each of the last three quarters, with an average year-over-year change of +0.05 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Dec 31, 2023, with a gain of 3.23 percentage points; the weakest was the quarter ended Dec 31, 2021, with a drop of 2.70 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 28.06% (quarter ended Mar 31, 2026), 28.19% (quarter ended Dec 31, 2025) and 29.65% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.43% |
| Mar 31, 2026 | 28.06% |
| Dec 31, 2025 | 28.19% |
| Sep 30, 2025 | 29.65% |
| Jun 30, 2025 | 28.42% |
| Mar 31, 2025 | 28.55% |
| Dec 31, 2024 | 29.30% |
| Sep 30, 2024 | 29.38% |
| Jun 30, 2024 | 27.64% |
| Mar 31, 2024 | 28.09% |
| Dec 31, 2023 | 27.00% |
| Sep 30, 2023 | 30.19% |
| Jun 30, 2023 | 25.21% |
| Mar 31, 2023 | 25.01% |
| Dec 31, 2022 | 23.77% |
| Sep 30, 2022 | 27.30% |
| Jun 30, 2022 | 24.69% |
| Mar 31, 2022 | 23.84% |
| Dec 31, 2021 | 25.01% |
| Sep 30, 2021 | 27.23% |
Fortis Inc. Operating 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=operating-margin&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();