FTSNYSEElectric ServicesFiscal year ends December 31Also trades as FINCF, FORFF, FRTJF, FRTSF, FTPSF, FTRSF

Fortis Inc.

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

$54.90−0.86 (-1.54%)

Close on Oct 19, 2026

Fortis Inc. income statement

Annual QuarterlyTTM

CAD USD

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

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Revenue	12,170	11,508	11,517	11,043	9,448	8,935	8,783	8,390	8,301	6,838	6,757
Cost of Revenue	3,371	3,249	3,771	3,952	2,951	2,562	2,520	2,495	2,361	–	–
Gross Profit	8,799	8,259	7,746	7,091	6,497	6,373	6,263	5,895	5,940	–	–
Operating Expenses	3,250	3,040	2,889	2,683	2,523	2,437	2,452	2,287	2,250	2,031	1,874
Total Costs & Expenses	8,678	8,216	8,433	8,303	6,979	6,427	6,322	6,025	5,790	5,355	5,338
Operating Income	3,492	3,292	3,084	2,740	2,469	2,508	3,038	2,365	2,511	1,483	1,419
Interest Expense	1,478	1,406	1,305	1,102	1,003	1,042	1,035	974	914	678	553
Interest & Investment Income	–	–	–	–	–	13	16	15	14	7.00	8.00
Income from Equity Investments	15	14	14	–	7.00	20	-1.00	–	–	–	–
Other Non-Operating Income	340	288	291	165	173	154	138	60	116	2.00	197
Asset Impairment Charges	0	0	0	0	0	0	0	0	0	0	0
Gain (Loss) on Sale of Assets	-32	0	23	0	–	0	583	0	–	0	62
Pretax Income	2,354	2,174	2,070	1,803	1,639	1,620	2,141	1,451	1,713	858	1,063
Income Tax Expense	393	346	360	289	234	231	289	165	588	145	223
Net Income incl. Noncontrolling Interests	1,961	1,828	1,710	1,514	1,405	1,389	1,852	1,286	1,125	713	840
Minority Interest in Earnings	162	148	137	120	111	115	130	120	97	53	35
Preferred Dividends	85	74	67	64	63	65	67	66	65	75	77
Net Income to Common	1,714	1,606	1,506	1,330	1,231	1,209	1,655	1,100	963	585	728
EPS (Basic)(per share)	3.40	3.24	3.10	2.78	2.61	2.60	3.79	2.59	2.32	1.89	2.61
EPS (Diluted)(per share)	3.40	3.24	3.10	2.78	2.61	2.60	3.78	2.59	2.31	1.89	2.59
Shares Outstanding (Basic, Weighted)(shares)	504	495	486	479	471	465	437	425	416	309	279
Shares Outstanding (Diluted, Weighted)(shares)	504	495	487	479	471	465	438	425	416	313	285
Dividend per Share(per share)	2.51	2.41	2.31	2.20	2.08	1.97	1.86	1.75	1.65	1.55	1.43
EBITDA	5,549	5,219	4,857	4,408	3,974	3,936	4,388	3,608	3,690	2,466	2,292

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: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.