Growth Metrics

Fortis (FTS) Operating Margin (2016 - 2026)

Fortis filings provide 12 years of Operating Margin readings, the most recent being 28.06% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 49.0% to 28.06% in Q1 2026 year-over-year; TTM through Mar 2026 was 28.56%, a 17.0% decrease, with the full-year FY2025 number at 28.69%, up 9.0% from a year prior.
  • Operating Margin hit 28.06% in Q1 2026 for Fortis, roughly flat from 28.19% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 30.19% in Q3 2023 to a low of 23.77% in Q4 2022.
  • Median Operating Margin over the past 5 years was 28.06% (2026), compared with a mean of 27.31%.
  • Biggest five-year swings in Operating Margin: tumbled -246bps in 2022 and later surged 323bps in 2023.
  • Fortis' Operating Margin stood at 23.77% in 2022, then grew by 14bps to 27.0% in 2023, then increased by 9bps to 29.3% in 2024, then dropped by -4bps to 28.19% in 2025, then fell by 0bps to 28.06% in 2026.
  • The last three reported values for Operating Margin were 28.06% (Q1 2026), 28.19% (Q4 2025), and 29.65% (Q3 2025) per Business Quant data.