Fortis Inc. (FRTSF) stock
FRTSFOTCElectric ServicesFiscal year ends December 31Also trades as FINCF, FORFF, FRTJF, FTPSF, FTRSF, FTS
$15.00+0.00 (0.00%)
Close on Oct 19, 2026Market cap $29.77BP/E 24.1Yield 3.06%
Fortis operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 28.7%, against 28.6% the year before. The highest annual figure on record is 34.6% in fiscal 2019.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 28.7% | +0.1 |
| FY2024 | Dec 31, 2024 | 28.6% | +1.8 |
| FY2023 | Dec 31, 2023 | 26.8% | +2.0 |
| FY2022 | Dec 31, 2022 | 24.8% | −1.3 |
| FY2021 | Dec 31, 2021 | 26.1% | −1.9 |
| FY2020 | Dec 31, 2020 | 28.1% | −6.5 |
| FY2019 | Dec 31, 2019 | 34.6% | +6.4 |
| FY2018 | Dec 31, 2018 | 28.2% | −2.1 |
| FY2017 | Dec 31, 2017 | 30.2% | +8.6 |
| FY2016 | Dec 31, 2016 | 21.7% | +0.7 |
| FY2015 | Dec 31, 2015 | 21.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 27.4% | +2.7 |
| Q2 FY2025 | Jun 30, 2025 | 28.4% | +2.3 |
| Q2 FY2024 | Jun 30, 2024 | 27.6% | −1.2 |
| Q2 FY2023 | Jun 30, 2023 | 25.2% | −31.1 |
| Q2 FY2022 | Jun 30, 2022 | 24.7% | −5.0 |
| Q2 FY2021 | Jun 30, 2021 | 26.2% | −4.9 |
| Q2 FY2020 | Jun 30, 2020 | 28.8% | +7.8 |
| Q2 FY2019 | Jun 30, 2019 | 56.3% | – |
| Q2 FY2018 | Jun 30, 2018 | 29.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 31.1% | – |
| Q2 FY2016 | Jun 30, 2016 | 20.9% | – |