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Fortis Inc (FTS)

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  • 72.090
  • -0.240-0.33%
15min DelayMarket Closed Jan 22 16:00 ET
36.43BMarket Cap21.46P/E (TTM)

Fortis Inc (FTS) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(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
(FY)Dec 31, 2023
(Q4)Dec 31, 2023
Total revenue
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
4.29%11.52B
-8.93%2.89B
Operating revenue
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
2.30%11.16B
-16.66%2.53B
Cost of revenue
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
-4.58%3.77B
-29.10%899M
Gross profit
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
9.24%7.75B
4.53%1.99B
Operating expense
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
7.15%4.66B
5.23%1.21B
Depreciation amortization depletion
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
6.29%1.77B
7.58%454M
-Depreciation and amortization
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
6.29%1.77B
7.58%454M
Other operating expenses
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
7.68%2.89B
3.86%753M
Operating profit
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
12.55%3.08B
3.45%779M
Net non-operating interest income (expenses)
-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
-12.65%-1.23B
-7.17%-314M
Non-operating interest income
-47.06%9M
-37.50%10M
-25.00%12M
-15.79%64M
-31.82%15M
-15.00%17M
-11.11%16M
0.00%16M
590.91%76M
340.00%22M
Non-operating interest expense
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
18.42%1.31B
12.75%336M
Other net income (expenses)
-18.82%69M
93.88%95M
38.60%79M
4.19%224M
-62.92%33M
214.81%85M
6.52%49M
7.55%57M
39.61%215M
39.06%89M
Gain on sale of security
-69.57%7M
1,100.00%20M
360.00%13M
-176.92%-10M
-280.00%-27M
227.78%23M
-140.00%-2M
-155.56%-5M
137.14%13M
36.36%15M
Special income (charges)
----
----
----
--0
-106.25%-99M
48.00%37M
----
----
--23M
11.11%-48M
-Less:Other special charges
----
----
----
----
----
-48.00%-37M
----
----
----
----
-Gain on sale of business
----
----
----
--0
----
----
----
----
--23M
----
Other non-operating income (expenses)
-3.28%59M
47.06%75M
5.26%60M
33.33%220M
-56.78%51M
258.82%61M
24.39%51M
46.15%57M
-12.70%165M
10.28%118M
Income before tax
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
14.81%2.07B
5.73%554M
Income tax
26.51%105M
33.33%92M
14.85%116M
-3.89%346M
-21.85%93M
-9.78%83M
40.82%69M
1.00%101M
24.57%360M
14.42%119M
Earnings from equity interest net of tax
Net income
-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
12.95%1.71B
3.57%435M
Net income continuous operations
-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
12.95%1.71B
3.57%435M
Noncontrolling interests
10.26%43M
5.26%40M
8.57%38M
8.03%148M
-2.70%36M
14.71%39M
8.57%38M
12.90%35M
14.17%137M
8.82%37M
Net income attributable to the company
-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
12.84%1.57B
3.11%398M
Preferred stock dividends
15.79%22M
11.11%20M
16.67%21M
10.45%74M
11.76%19M
11.76%19M
5.88%18M
12.50%18M
4.69%67M
6.25%17M
Other under preferred stock dividend
Net income attributable to common stockholders
-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
13.23%1.51B
2.97%381M
Diluted earnings per share
-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
11.51%3.1
1.30%0.78
Basic earnings per share
-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
11.51%3.1
1.30%0.78
Dividend per share
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
5.30%2.285
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
--
(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(FY)Dec 31, 2023(Q4)Dec 31, 2023
Total revenue 6.03%2.94B5.43%2.82B7.06%3.34B-0.08%11.51B2.22%2.95B1.91%2.77B2.93%2.67B-6.06%3.12B4.29%11.52B-8.93%2.89B
Operating revenue 6.03%2.94B5.43%2.82B7.06%3.34B0.72%11.24B6.05%2.68B1.91%2.77B2.93%2.67B-6.06%3.12B2.30%11.16B-16.66%2.53B
Cost of revenue 2.99%759M0.14%714M3.07%1.04B-13.84%3.25B-12.12%790M-4.66%737M-9.40%713M-23.09%1.01B-4.58%3.77B-29.10%899M
Gross profit 7.13%2.18B7.36%2.1B8.96%2.3B6.62%8.26B8.71%2.16B4.52%2.03B8.30%1.96B5.08%2.11B9.24%7.75B4.53%1.99B
Operating expense 7.21%1.31B6.73%1.3B9.08%1.35B6.54%4.97B7.29%1.3B8.44%1.22B5.72%1.22B4.76%1.23B7.15%4.66B5.23%1.21B
Depreciation amortization depletion 7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M7.11%467M6.29%1.77B7.58%454M
-Depreciation and amortization 7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M7.11%467M6.29%1.77B7.58%454M
Other operating expenses 6.76%790M6.77%789M8.36%830M5.23%3.04B5.58%795M8.50%740M3.65%739M3.37%766M7.68%2.89B3.86%753M
Operating profit 7.00%871M8.40%800M8.79%953M6.74%3.29B10.91%864M-0.85%814M12.84%738M5.54%876M12.55%3.08B3.45%779M
Net non-operating interest income (expenses) -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-12.65%-1.23B-7.17%-314M
Non-operating interest income -47.06%9M-37.50%10M-25.00%12M-15.79%64M-31.82%15M-15.00%17M-11.11%16M0.00%16M590.91%76M340.00%22M
Non-operating interest expense 4.23%370M6.34%369M10.12%370M7.74%1.41B9.52%368M7.25%355M7.43%347M6.67%336M18.42%1.31B12.75%336M
Other net income (expenses) -18.82%69M93.88%95M38.60%79M4.19%224M-62.92%33M214.81%85M6.52%49M7.55%57M39.61%215M39.06%89M
Gain on sale of security -69.57%7M1,100.00%20M360.00%13M-176.92%-10M-280.00%-27M227.78%23M-140.00%-2M-155.56%-5M137.14%13M36.36%15M
Special income (charges) --------------0-106.25%-99M48.00%37M----------23M11.11%-48M
-Less:Other special charges ---------------------48.00%-37M----------------
-Gain on sale of business --------------0------------------23M----
Other non-operating income (expenses) -3.28%59M47.06%75M5.26%60M33.33%220M-56.78%51M258.82%61M24.39%51M46.15%57M-12.70%165M10.28%118M
Income before tax 3.21%579M17.54%536M9.95%674M5.02%2.17B-1.81%544M4.47%561M15.44%456M4.97%613M14.81%2.07B5.73%554M
Income tax 26.51%105M33.33%92M14.85%116M-3.89%346M-21.85%93M-9.78%83M40.82%69M1.00%101M24.57%360M14.42%119M
Earnings from equity interest net of tax
Net income -0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M5.79%512M12.95%1.71B3.57%435M
Net income continuous operations -0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M5.79%512M12.95%1.71B3.57%435M
Noncontrolling interests 10.26%43M5.26%40M8.57%38M8.03%148M-2.70%36M14.71%39M8.57%38M12.90%35M14.17%137M8.82%37M
Net income attributable to the company -1.82%431M15.76%404M9.01%520M6.80%1.68B4.27%415M6.81%439M12.22%349M5.30%477M12.84%1.57B3.11%398M
Preferred stock dividends 15.79%22M11.11%20M16.67%21M10.45%74M11.76%19M11.76%19M5.88%18M12.50%18M4.69%67M6.25%17M
Other under preferred stock dividend
Net income attributable to common stockholders -2.62%409M16.01%384M8.71%499M6.64%1.61B3.94%396M6.60%420M12.59%331M5.03%459M13.23%1.51B2.97%381M
Diluted earnings per share -4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.673.33%0.9311.51%3.11.30%0.78
Basic earnings per share -4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.673.33%0.9311.51%3.11.30%0.78
Dividend per share 4.24%0.6154.24%0.6154.24%0.6154.38%2.3854.24%0.6154.42%0.594.42%0.594.42%0.595.30%2.2854.42%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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