Fortis Inc.

FTS.TOTSXUtilities● Active

$77.83

+$1.09(+1.42%)

Market Cap$39.6B

P/E Ratio—

52W High$80.69

52W Low$63.54

Avg Volume1.6M

Open$76.92

Beta0.43

Overview

Fortis Inc. (FTS.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FTS.TO · net income · updated Jun 8, 2026

Core profitability metrics

FTS.TO · net income · margin · TTM · CAGR

Net income was $1.80B for FY2025 (fiscal year ending 2025-12-31), up 7.1% year-over-year. Net profit margin was 14.8%. Based on available data, Fortis Inc. has been profitable since at least 2011.

FY2025 Net Income$1.80B▲ +7.1% YoY

Trailing 12M (TTM)$1.80Btrailing 4 quarters sum

Net Profit Margin14.8%$1.80B ÷ $12.17B

YoY Change+7.1%—

5-Year CAGR+7.2%FY2020 → FY2025

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · FTS.TO net income history · FTS.TO profit margin

Annual net income data

FTS.TO · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$1.80B▲ +7.1%14.8%$12.17B

FY2024$1.68B▲ +6.8%14.6%$11.51B

FY2023$1.57B▲ +12.8%13.7%$11.52B

FY2022$1.39B▲ +7.7%12.6%$11.04B

FY2021$1.29B▲ +1.6%13.7%$9.45B

Net income vs peers (Utilities)

FTS.TO vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Fortis Inc.YOU

FTS.TO

$1.80B+7.1%14.8%

26%

Duke Energy Corporation

Constellation Energy Corporation

CEG

$2.32B-38.1%9.1%

34%

Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Fortis Inc. (FTS.TO) reported net income of $1.80B for FY2025 (fiscal year ending 2025-12-31), up 7.1% year-over-year. The net profit margin was 14.8% — meaning the company kept $0.15 of every dollar of revenue as profit.

Based on available data, Fortis Inc. has been profitable since at least 2011. Net income reached a peak of $1.80B in FY2025. Data available for 15 fiscal years.

Fortis Inc.'s net profit margin was 14.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Fortis Inc. net worth" — the company's market capitalization is a separate figure from FTS.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

FTS.TO net income · 5 questions

Fortis Inc. is profitable. The company reported net income of $1.80B for FY2025, a net profit margin of 14.8%. Net income was up 7.1% year-over-year. Based on available data, Fortis Inc. has been profitable since at least 2011.

is FTS.TO profitabledoes FTS.TO make a profitFTS.TO profitabilityFTS.TO profitable company

▸ Source: FMP /income-statement · GAAP · Fortis Inc. · Fortis Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026