Fortis Cost of Goods Sold 2016-2024 | FTS

Fortis annual/quarterly cost of goods sold history and growth rate from 2016 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Fortis cost of goods sold for the quarter ending June 30, 2024 was $1.061B, a 4.9% decline year-over-year.
  • Fortis cost of goods sold for the twelve months ending June 30, 2024 was $4.677B, a 10.28% decline year-over-year.
  • Fortis annual cost of goods sold for 2023 was $4.934B, a 3.33% decline from 2022.
  • Fortis annual cost of goods sold for 2022 was $5.104B, a 16.85% increase from 2021.
  • Fortis annual cost of goods sold for 2021 was $4.368B, a 17.04% increase from 2020.
Fortis Annual Cost of Goods Sold
(Millions of US $)
2023 $4,934
2022 $5,104
2021 $4,368
2020 $3,732
2019 $3,747
2018 $3,689
2017 $3,565
2016 $3,302
2015 $3,473
Fortis Quarterly Cost of Goods Sold
(Millions of US $)
2024-06-30 $1,061
2024-03-31 $1,316
2023-12-31 $1,216
2023-09-30 $1,084
2023-06-30 $1,116
2023-03-31 $1,518
2022-12-31 $1,481
2022-09-30 $1,099
2022-06-30 $1,140
2022-03-31 $1,383
2021-12-31 $1,236
2021-09-30 $968
2021-06-30 $980
2021-03-31 $1,184
2020-12-31 $1,031
2020-09-30 $872
2020-06-30 $803
2020-03-31 $1,026
2019-12-31 $978
2019-09-30 $857
2019-06-30 $822
2019-03-31 $1,090
2018-12-31 $988
2018-09-30 $866
2018-06-30 $822
2018-03-31 $1,014
2017-12-31 $958
2017-09-30 $784
2017-06-30 $814
2017-03-31 $1,009
2016-12-31 $1,015
2016-09-30 $709
2016-06-30 $725
2016-03-31 $853
2015-12-31
2015-09-30
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $22.254B $8.531B
Fortis, Inc. is engaged in electric and gas utility business. The Company offers regulated utilities comprised of electric and gas as well as engages in non-regulated hydroelectric operations. It operates primarily in Canada, United States and Caribbean. Fortis, Inc. is based in St John's, Canada.
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