Fortis (FTS)
Runs electric transmission, distribution, and gas utilities across Canada, the US, and the Caribbean.
$53.33
vs last close−0.52 (−0.96%)
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 | 1,929 | 2,046 | 2,212 | 1,894 | 1,966 | 2,092 | 2,368 | 1,997 | 2,084 | 2,184 | 2,414 | 2,079 |
| Cost of revenue | 548 | 638 | 716 | 506 | 523 | 560 | 738 | 506 | 538 | 609 | 760 | 510 |
| Gross profit | 1,380 | 1,409 | 1,496 | 1,388 | 1,443 | 1,531 | 1,630 | 1,490 | 1,546 | 1,575 | 1,654 | 1,569 |
| 798 | 856 | 875 | 865 | 865 | 919 | 954 | 923 | 928 | 960 | 977 | 999 | |
| Other expenses | 798 | 856 | 875 | 865 | 865 | 919 | 954 | 923 | 928 | 960 | 977 | 999 |
| Operating income | 582 | 553 | 621 | 523 | 577 | 613 | 676 | 567 | 618 | 616 | 677 | 570 |
| −201 | −160 | −187 | −200 | −179 | −227 | −198 | −187 | −207 | −215 | −199 | −190 | |
| Interest income | 14 | 16 | 11 | 11 | 12 | 11 | 9 | 7 | 6 | 9 | 7 | 0 |
| Interest expense | 235 | 238 | 238 | 246 | 252 | 261 | 262 | 262 | 262 | 262 | 264 | 275 |
| Other non-operating income | −33 | −79 | −52 | −46 | −72 | −34 | −65 | −74 | −55 | −47 | −65 | 84 |
| Income before tax | 381 | 393 | 435 | 323 | 398 | 386 | 478 | 380 | 411 | 401 | 478 | 380 |
| Income tax expense | 65 | 84 | 72 | 49 | 59 | 66 | 82 | 65 | 74 | 57 | 79 | 54 |
| Net income from continuing operations | 316 | 309 | 363 | 275 | 339 | 320 | 396 | 315 | 336 | 344 | 399 | 326 |
| Net income | 292 | 282 | 338 | 248 | 311 | 294 | 369 | 287 | 306 | 315 | 371 | 281 |
| 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 | 930 | 953 | 1,004 | 910 | 990 | 1,002 | 1,106 | 1,005 | 1,041 | 1,026 | 1,119 | 663 |
| Depreciation & amortization | 314 | 322 | 331 | 340 | 340 | 355 | 365 | 363 | 367 | 363 | 377 | 177 |
| EBIT | 616 | 631 | 673 | 570 | 650 | 647 | 741 | 642 | 673 | 663 | 742 | 486 |