Fortis revenue and financials

FTS · NYSE · USD

Secondary listing. The primary listing is Fortis · TSX (CAD)

$52.74−0.38%−$0.20

Close · October 7, 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

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

At a glance

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

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	74,830	73,486	65,920	64,252	57,659	55,481	53,404	53,051	47,822	47,904
Current assets	3,805	3,796	4,025	4,269	2,728	2,612	2,574	3,261	2,207	2,166
Cash and equivalents	367	220	625	209	131	249	370	332	327	269
Receivables	1,493	1,669	1,627	1,759	—	—	—	—	—	—
Inventory	649	685	566	661	—	—	—	—	—	—
Net property, plant and equipment	50,946	49,520	43,436	41,706	37,856	—	—	—	—	—
Goodwill	12,527	13,112	12,184	12,464	11,720	11,792	12,004	12,530	11,644	12,364
Other intangible assets	1,723	1,661	1,510	1,548	—	—	—	—	—	—
Long-term investments	461	484	417	316	—	—	—	—	—	—
Current liabilities	7,513	6,036	5,964	6,617	4,802	4,148	4,176	4,252	3,504	3,944
Accounts payable	1,148	1,121	990	886	—	—	—	—	—	—
Long-term debt	30,723	31,224	27,235	25,931	23,707	23,113	21,501	23,159	20,691	20,817
Total debt	34,673	33,702	30,028	29,035	—	—	—	—	—	—
Total liabilities	48,961	47,633	42,588	41,410	36,743	35,197	33,291	34,595	31,073	31,454
Total equity (incl. minority)	25,869	25,853	23,332	22,842	20,916	—	—	—	—	—
Retained earnings	4,969	4,521	4,112	3,733	3,458	—	—	—	—	—
Minority interest	2,059	2,045	1,827	1,812	1,628	—	—	—	—	—