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Fortis Inc (FTS)

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  • 77.030
  • -0.460-0.59%
15min DelayMarket Closed Apr 24 16:00 ET
39.22BMarket Cap22.66P/E (TTM)

Fortis Inc (FTS) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
Total revenue
5.75%12.17B
4.41%3.08B
6.03%2.94B
5.43%2.82B
7.06%3.34B
-0.08%11.51B
2.22%2.95B
1.91%2.77B
2.93%2.67B
-6.06%3.12B
Operating revenue
5.84%11.9B
4.66%2.81B
6.03%2.94B
5.43%2.82B
7.06%3.34B
0.72%11.24B
6.05%2.68B
1.91%2.77B
2.93%2.67B
-6.06%3.12B
Cost of revenue
3.76%3.37B
8.61%858M
2.99%759M
0.14%714M
3.07%1.04B
-13.84%3.25B
-12.12%790M
-4.66%737M
-9.40%713M
-23.09%1.01B
Gross profit
6.54%8.8B
2.87%2.22B
7.13%2.18B
7.36%2.1B
8.96%2.3B
6.62%8.26B
8.71%2.16B
4.52%2.03B
8.30%1.96B
5.08%2.11B
Operating expense
6.85%5.31B
4.48%1.35B
7.21%1.31B
6.73%1.3B
9.08%1.35B
6.54%4.97B
7.29%1.3B
8.44%1.22B
5.72%1.22B
4.76%1.23B
Depreciation amortization depletion
6.75%2.06B
2.40%512M
7.92%518M
6.67%512M
10.28%515M
8.69%1.93B
10.13%500M
8.35%480M
9.09%480M
7.11%467M
-Depreciation and amortization
6.75%2.06B
2.40%512M
7.92%518M
6.67%512M
10.28%515M
8.69%1.93B
10.13%500M
8.35%480M
9.09%480M
7.11%467M
Other operating expenses
6.91%3.25B
5.79%841M
6.76%790M
6.77%789M
8.36%830M
5.23%3.04B
5.58%795M
8.50%740M
3.65%739M
3.37%766M
Operating profit
6.08%3.49B
0.46%868M
7.00%871M
8.40%800M
8.79%953M
6.74%3.29B
10.91%864M
-0.85%814M
12.84%738M
5.54%876M
Net non-operating interest income (expenses)
-6.93%-1.44B
-1.13%-357M
-6.80%-361M
-8.46%-359M
-11.88%-358M
-9.19%-1.34B
-12.42%-353M
-8.68%-338M
-8.52%-331M
-7.02%-320M
Non-operating interest income
-32.81%43M
-20.00%12M
-47.06%9M
-37.50%10M
-25.00%12M
-15.79%64M
-31.82%15M
-15.00%17M
-11.11%16M
0.00%16M
Non-operating interest expense
5.12%1.48B
0.27%369M
4.23%370M
6.34%369M
10.12%370M
7.74%1.41B
9.52%368M
7.25%355M
7.43%347M
6.67%336M
Other net income (expenses)
32.59%297M
63.64%54M
-18.82%69M
93.88%95M
38.60%79M
4.19%224M
-62.92%33M
214.81%85M
6.52%49M
7.55%57M
Gain on sale of security
755.56%59M
176.92%20M
-69.57%7M
1,100.00%20M
360.00%13M
-169.23%-9M
-273.33%-26M
227.78%23M
-140.00%-2M
-155.56%-5M
Special income (charges)
---32M
----
----
----
----
--0
-106.25%-99M
48.00%37M
----
----
-Less:Other special charges
----
----
----
----
----
----
----
-48.00%-37M
----
----
-Gain on sale of business
---32M
----
----
----
----
--0
----
----
----
----
Other non-operating income (expenses)
16.44%255M
22.00%61M
-3.28%59M
47.06%75M
5.26%60M
32.73%219M
-57.63%50M
258.82%61M
24.39%51M
46.15%57M
Income before tax
8.28%2.35B
3.86%565M
3.21%579M
17.54%536M
9.95%674M
5.02%2.17B
-1.81%544M
4.47%561M
15.44%456M
4.97%613M
Income tax
13.58%393M
-13.98%80M
26.51%105M
33.33%92M
14.85%116M
-3.89%346M
-21.85%93M
-9.78%83M
40.82%69M
1.00%101M
Earnings from equity interest net of tax
Net income
7.28%1.96B
7.54%485M
-0.84%474M
14.73%444M
8.98%558M
6.90%1.83B
3.68%451M
7.42%478M
11.85%387M
5.79%512M
Net income continuous operations
7.28%1.96B
7.54%485M
-0.84%474M
14.73%444M
8.98%558M
6.90%1.83B
3.68%451M
7.42%478M
11.85%387M
5.79%512M
Noncontrolling interests
9.46%162M
13.89%41M
10.26%43M
5.26%40M
8.57%38M
8.03%148M
-2.70%36M
14.71%39M
8.57%38M
12.90%35M
Net income attributable to the company
7.08%1.8B
6.99%444M
-1.82%431M
15.76%404M
9.01%520M
6.80%1.68B
4.27%415M
6.81%439M
12.22%349M
5.30%477M
Preferred stock dividends
14.86%85M
15.79%22M
15.79%22M
11.11%20M
16.67%21M
10.45%74M
11.76%19M
11.76%19M
5.88%18M
12.50%18M
Other under preferred stock dividend
Net income attributable to common stockholders
6.72%1.71B
6.57%422M
-2.62%409M
16.01%384M
8.71%499M
6.64%1.61B
3.94%396M
6.60%420M
12.59%331M
5.03%459M
Diluted earnings per share
4.94%3.4
5.06%0.83
-4.71%0.81
13.43%0.76
7.53%1
4.52%3.24
1.28%0.79
4.94%0.85
9.84%0.67
3.33%0.93
Basic earnings per share
4.94%3.4
5.06%0.83
-4.71%0.81
13.43%0.76
7.53%1
4.52%3.24
1.28%0.79
4.94%0.85
9.84%0.67
3.33%0.93
Dividend per share
4.19%2.485
4.07%0.64
4.24%0.615
4.24%0.615
4.24%0.615
4.38%2.385
4.24%0.615
4.42%0.59
4.42%0.59
4.42%0.59
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024
Total revenue 5.75%12.17B4.41%3.08B6.03%2.94B5.43%2.82B7.06%3.34B-0.08%11.51B2.22%2.95B1.91%2.77B2.93%2.67B-6.06%3.12B
Operating revenue 5.84%11.9B4.66%2.81B6.03%2.94B5.43%2.82B7.06%3.34B0.72%11.24B6.05%2.68B1.91%2.77B2.93%2.67B-6.06%3.12B
Cost of revenue 3.76%3.37B8.61%858M2.99%759M0.14%714M3.07%1.04B-13.84%3.25B-12.12%790M-4.66%737M-9.40%713M-23.09%1.01B
Gross profit 6.54%8.8B2.87%2.22B7.13%2.18B7.36%2.1B8.96%2.3B6.62%8.26B8.71%2.16B4.52%2.03B8.30%1.96B5.08%2.11B
Operating expense 6.85%5.31B4.48%1.35B7.21%1.31B6.73%1.3B9.08%1.35B6.54%4.97B7.29%1.3B8.44%1.22B5.72%1.22B4.76%1.23B
Depreciation amortization depletion 6.75%2.06B2.40%512M7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M7.11%467M
-Depreciation and amortization 6.75%2.06B2.40%512M7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M7.11%467M
Other operating expenses 6.91%3.25B5.79%841M6.76%790M6.77%789M8.36%830M5.23%3.04B5.58%795M8.50%740M3.65%739M3.37%766M
Operating profit 6.08%3.49B0.46%868M7.00%871M8.40%800M8.79%953M6.74%3.29B10.91%864M-0.85%814M12.84%738M5.54%876M
Net non-operating interest income (expenses) -6.93%-1.44B-1.13%-357M-6.80%-361M-8.46%-359M-11.88%-358M-9.19%-1.34B-12.42%-353M-8.68%-338M-8.52%-331M-7.02%-320M
Non-operating interest income -32.81%43M-20.00%12M-47.06%9M-37.50%10M-25.00%12M-15.79%64M-31.82%15M-15.00%17M-11.11%16M0.00%16M
Non-operating interest expense 5.12%1.48B0.27%369M4.23%370M6.34%369M10.12%370M7.74%1.41B9.52%368M7.25%355M7.43%347M6.67%336M
Other net income (expenses) 32.59%297M63.64%54M-18.82%69M93.88%95M38.60%79M4.19%224M-62.92%33M214.81%85M6.52%49M7.55%57M
Gain on sale of security 755.56%59M176.92%20M-69.57%7M1,100.00%20M360.00%13M-169.23%-9M-273.33%-26M227.78%23M-140.00%-2M-155.56%-5M
Special income (charges) ---32M------------------0-106.25%-99M48.00%37M--------
-Less:Other special charges -----------------------------48.00%-37M--------
-Gain on sale of business ---32M------------------0----------------
Other non-operating income (expenses) 16.44%255M22.00%61M-3.28%59M47.06%75M5.26%60M32.73%219M-57.63%50M258.82%61M24.39%51M46.15%57M
Income before tax 8.28%2.35B3.86%565M3.21%579M17.54%536M9.95%674M5.02%2.17B-1.81%544M4.47%561M15.44%456M4.97%613M
Income tax 13.58%393M-13.98%80M26.51%105M33.33%92M14.85%116M-3.89%346M-21.85%93M-9.78%83M40.82%69M1.00%101M
Earnings from equity interest net of tax
Net income 7.28%1.96B7.54%485M-0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M5.79%512M
Net income continuous operations 7.28%1.96B7.54%485M-0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M5.79%512M
Noncontrolling interests 9.46%162M13.89%41M10.26%43M5.26%40M8.57%38M8.03%148M-2.70%36M14.71%39M8.57%38M12.90%35M
Net income attributable to the company 7.08%1.8B6.99%444M-1.82%431M15.76%404M9.01%520M6.80%1.68B4.27%415M6.81%439M12.22%349M5.30%477M
Preferred stock dividends 14.86%85M15.79%22M15.79%22M11.11%20M16.67%21M10.45%74M11.76%19M11.76%19M5.88%18M12.50%18M
Other under preferred stock dividend
Net income attributable to common stockholders 6.72%1.71B6.57%422M-2.62%409M16.01%384M8.71%499M6.64%1.61B3.94%396M6.60%420M12.59%331M5.03%459M
Diluted earnings per share 4.94%3.45.06%0.83-4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.673.33%0.93
Basic earnings per share 4.94%3.45.06%0.83-4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.673.33%0.93
Dividend per share 4.19%2.4854.07%0.644.24%0.6154.24%0.6154.24%0.6154.38%2.3854.24%0.6154.42%0.594.42%0.594.42%0.59
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions Unqualified Opinion--------Unqualified Opinion--------

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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