Fortis (FTS)
Runs electric transmission, distribution, and gas utilities across Canada, the US, and the Caribbean.
$53.91
After hours+0.05 (+0.09%)
At close$53.86(+0.47%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,933 | 2,051 | 2,217 | 1,898 | 1,970 | 2,097 | 2,373 | 2,001 | 2,089 | 2,189 | 2,419 | 2,084 |
| Cost of revenue | 550 | 639 | 717 | 507 | 524 | 562 | 739 | 508 | 540 | 610 | 761 | 511 |
| Gross profit | 1,384 | 1,412 | 1,499 | 1,391 | 1,446 | 1,535 | 1,634 | 1,494 | 1,549 | 1,579 | 1,658 | 1,573 |
| 800 | 858 | 877 | 867 | 867 | 921 | 956 | 925 | 930 | 962 | 979 | 1,001 | |
| Other expenses | 800 | 858 | 877 | 867 | 867 | 921 | 956 | 925 | 930 | 962 | 979 | 1,001 |
| Operating income | 584 | 554 | 623 | 525 | 579 | 614 | 678 | 569 | 619 | 617 | 679 | 572 |
| −202 | −160 | −187 | −200 | −180 | −228 | −198 | −188 | −208 | −215 | −200 | −191 | |
| Interest income | 14 | 16 | 11 | 11 | 12 | 11 | 9 | 7 | 6 | 9 | 7 | 0 |
| Interest expense | 235 | 239 | 239 | 247 | 252 | 262 | 263 | 262 | 263 | 262 | 264 | 275 |
| Other non-operating income | −33 | −79 | −52 | −46 | −73 | −34 | −65 | −75 | −55 | −47 | −65 | 85 |
| Income before tax | 382 | 394 | 436 | 324 | 399 | 387 | 479 | 381 | 412 | 402 | 479 | 381 |
| Income tax expense | 65 | 85 | 72 | 49 | 59 | 66 | 82 | 65 | 75 | 57 | 80 | 54 |
| Net income from continuing operations | 316 | 309 | 364 | 275 | 340 | 321 | 397 | 316 | 337 | 345 | 400 | 327 |
| Net income | 292 | 283 | 339 | 248 | 312 | 295 | 370 | 287 | 306 | 316 | 372 | 282 |
| EPS, basic | $0.58 | $0.55 | $0.66 | $0.48 | $0.60 | $0.57 | $0.71 | $0.55 | $0.41 | $0.59 | $0.70 | $0.55 |
| EPS, diluted | $0.58 | $0.55 | $0.66 | $0.48 | $0.60 | $0.57 | $0.71 | $0.55 | $0.41 | $0.59 | $0.70 | $0.55 |
| Weighted average shares, basic | 482 | 489 | 492 | 494 | 496 | 496 | 500 | 500 | 505 | 534 | 508 | 481 |
| Weighted average shares, diluted | 483 | 489 | 492 | 494 | 496 | 496 | 501 | 501 | 505 | 609 | 509 | 481 |
| EBITDA | 932 | 956 | 1,007 | 912 | 993 | 1,004 | 1,108 | 1,007 | 1,043 | 1,028 | 1,122 | 664 |
| Depreciation & amortization | 315 | 323 | 332 | 341 | 341 | 355 | 366 | 364 | 368 | 364 | 378 | 177 |
| EBIT | 617 | 633 | 675 | 571 | 651 | 648 | 742 | 643 | 675 | 664 | 744 | 487 |