Fortis Inc. (FRTJF) income statement

FRTJFOTCElectric ServicesFiscal year ends December 31Also trades as FINCF, FORFF, FRTSF, FTPSF, FTRSF, FTS

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 40-F on Feb 12, 2026Score 1/30

$21.94−0.21 (-0.95%)

Close on Oct 19, 2026Market cap $29.77BP/E 24.1Yield 3.06%

Fortis Inc. income statement

Annual QuarterlyTTM

CAD USD

Millions of CAD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q2 2025 2025-06-30	Q2 2024 2024-06-30	Q2 2023 2023-06-30	Q2 2022 2022-06-30	Q2 2021 2021-06-30	Q2 2020 2020-06-30	Q2 2019 2019-06-30	Q2 2018 2018-06-30	Q2 2017 2017-06-30	Q2 2016 2016-06-30
Revenue	2,931	2,815	2,670	2,594	2,487	2,130	2,077	1,970	1,947	2,015	1,485
Cost of Revenue	719	714	713	787	797	593	514	496	507	–	–
Gross Profit	2,212	2,101	1,957	1,807	1,690	1,537	1,563	1,474	1,440	–	–
Operating Expenses	866	789	739	713	659	611	599	603	553	567	454
Total Costs & Expenses	2,127	2,015	1,932	1,940	1,873	1,573	1,479	1,437	1,369	1,389	1,174
Operating Income	804	800	738	654	614	557	598	1,110	578	626	311
Interest Expense	387	369	347	323	266	255	263	263	243	232	150
Interest & Investment Income	–	–	–	–	–	–	3.00	4.00	4.00	3.00	2.00
Income from Equity Investments	4.00	1.00	-1.00	2.00	–	–	–	–	–	–	–
Other Non-Operating Income	119	105	65	64	35	42	47	43	18	24	9.00
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	0	583	0	–	–
Pretax Income	536	536	456	395	383	344	382	890	353	414	170
Income Tax Expense	76	92	69	49	53	48	58	125	61	102	28
Net Income incl. Noncontrolling Interests	460	444	387	346	330	296	324	765	292	312	142
Minority Interest in Earnings	43	40	38	35	30	27	33	28	35	38	17
Preferred Dividends	21	20	18	17	16	16	17	17	–	–	–
Net Income to Common	396	384	331	294	284	253	274	720	240	257	107
EPS (Basic)(per share)	0.78	0.76	0.67	0.61	0.59	0.54	0.59	1.66	0.57	0.62	0.38
EPS (Diluted)(per share)	0.78	0.76	0.67	0.61	0.59	0.54	0.59	1.66	0.57	0.62	0.38
Shares Outstanding (Basic, Weighted)(shares)	510	503	494	485	478	470	465	433	424	417	284
Shares Outstanding (Diluted, Weighted)(shares)	510	503	494	486	478	471	465	434	424	417	284
EBITDA	1,346	1,312	1,218	1,094	1,031	926	964	1,448	887	924	543

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, FY2025

Gross margin: 72.3%
Operating margin: 28.7%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: 0.56
Debt to equity: 1.42
Debt to assets: 45.7%
Cash to current liabilities: 5.2%

Valuation

P/E ratio: 24.1
Price to sales: 3.42
Price to book: 1.65
Dividend yield: 3.06%