Fortis revenue and financials

FTS · TSX · CAD

$75.25+0.31%+$0.23

Close · October 6, 2026

In the fiscal year ended December 2025, Fortis reported revenue of $12.17B (+5.75% year over year). Net income was $1.96B, a net margin of 16.1%.

Annual revenue · 2025: $12.17B
  1. $6.84B2016
  2. $8.3B2017
  3. $8.39B2018
  4. $8.78B2019
  5. $8.94B2020
  6. $9.45B2021
  7. $11.04B2022
  8. $11.52B2023
  9. $11.51B2024
  10. $12.17B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+5.75%
2025 vs 2024
Net income growth
+7.28%
2025 vs 2024
Net margin
16.1%
2024: 15.9%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,9313,4033,0792,9382,8153,3382,9492,7712,6703,1182,8852,719
Cost of revenue7191,071858759714———————
Gross profit2,2122,3322,2212,1792,101———————
Operating income804955868871800———————
EBIT830980890890820972882833756894794836
EBITDA1,3721,5121,4021,4081,3321,4871,3821,3131,2361,3611,2481,279
Interest expense387372369370369———————
Pre-tax income536674565579536674544561456613554537
Income tax76.011280.010592.011693.083.069.010111992.0
Net income417523444431404520415439349477398411
Net income to common shareholders396501422409384499396420331459381394
Basic EPS0.780.990.830.810.761.000.790.850.670.930.780.81
Diluted EPS0.780.990.830.810.761.000.790.850.670.930.780.81
Average shares (basic)510508507505503500498496494492489487
Average shares (diluted)510509507505503501499496494492489488
Dividend per share0.640.640.640.620.620.620.620.590.590.590.600.57