Fortis Gross Profit 2016-2025 | FTS
Fortis annual/quarterly gross profit history and growth rate from 2016 to 2025. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Fortis gross profit for the quarter ending March 31, 2025 was $1.022B, a 2.69% increase year-over-year.
- Fortis gross profit for the twelve months ending March 31, 2025 was $3.836B, a 4.86% increase year-over-year.
- Fortis annual gross profit for 2024 was $3.809B, a 5.86% increase from 2023.
- Fortis annual gross profit for 2023 was $3.598B, a 6.12% increase from 2022.
- Fortis annual gross profit for 2022 was $3.391B, a 6.93% increase from 2021.
| Fortis Annual Gross Profit (Millions of US $) |
|
|---|---|
| 2024 | $3,809 |
| 2023 | $3,598 |
| 2022 | $3,391 |
| 2021 | $3,171 |
| 2020 | $2,938 |
| 2019 | $2,872 |
| 2018 | $2,784 |
| 2017 | $2,838 |
| 2016 | $1,862 |
| 2015 | $1,795 |
| Fortis Quarterly Gross Profit (Millions of US $) |
|
|---|---|
| 2025-03-31 | $1,022 |
| 2024-12-31 | $975 |
| 2024-09-30 | $949 |
| 2024-06-30 | $890 |
| 2024-03-31 | $996 |
| 2023-12-31 | $906 |
| 2023-09-30 | $942 |
| 2023-06-30 | $814 |
| 2023-03-31 | $936 |
| 2022-12-31 | $871 |
| 2022-09-30 | $857 |
| 2022-06-30 | $807 |
| 2022-03-31 | $855 |
| 2021-12-31 | $819 |
| 2021-09-30 | $777 |
| 2021-06-30 | $754 |
| 2021-03-31 | $821 |
| 2020-12-31 | $765 |
| 2020-09-30 | $721 |
| 2020-06-30 | $696 |
| 2020-03-31 | $757 |
| 2019-12-31 | $781 |
| 2019-09-30 | $697 |
| 2019-06-30 | $651 |
| 2019-03-31 | $743 |
| 2018-12-31 | $676 |
| 2018-09-30 | $696 |
| 2018-06-30 | $687 |
| 2018-03-31 | $724 |
| 2017-12-31 | $712 |
| 2017-09-30 | $733 |
| 2017-06-30 | $684 |
| 2017-03-31 | $709 |
| 2016-12-31 | $564 |
| 2016-09-30 | $450 |
| 2016-06-30 | $421 |
| 2016-03-31 | $428 |
| 2015-12-31 | $1,280 |
| 2015-09-30 | $1,198 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Utilities | Utility - Electric Power Distribution | $24.495B | $8.399B |
| 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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