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Fortis Inc (FTS)

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  • 76.800
  • +1.550+2.06%
15min DelayMarket Closed May 19 16:00 ET
39.10BMarket Cap22.65P/E (TTM)

Fortis Inc (FTS) Income Statement

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2026
(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
Total revenue
1.95%3.4B
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
Operating revenue
1.95%3.4B
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
Cost of revenue
2.98%1.07B
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
Gross profit
1.48%2.33B
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
Operating expense
2.38%1.38B
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
Depreciation amortization depletion
3.30%532M
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
-Depreciation and amortization
3.30%532M
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
Other operating expenses
1.81%845M
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
Operating profit
0.21%955M
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
Net non-operating interest income (expenses)
-1.12%-362M
-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
Non-operating interest income
-16.67%10M
-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
Non-operating interest expense
0.54%372M
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
Other net income (expenses)
2.53%81M
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
Gain on sale of security
-53.85%6M
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
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)
16.67%70M
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
Income before tax
0.00%674M
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
Income tax
-3.45%112M
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
Earnings from equity interest net of tax
Net income
0.72%562M
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
Net income continuous operations
0.72%562M
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
Noncontrolling interests
2.63%39M
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
Net income attributable to the company
0.58%523M
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
Preferred stock dividends
4.76%22M
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
Other under preferred stock dividend
Net income attributable to common stockholders
0.40%501M
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
Diluted earnings per share
-1.00%0.99
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
Basic earnings per share
-1.00%0.99
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
Dividend per share
4.07%0.64
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
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
--
--
--
(Q1)Mar 31, 2026(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
Total revenue 1.95%3.4B5.75%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
Operating revenue 1.95%3.4B5.84%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
Cost of revenue 2.98%1.07B3.76%3.37B8.61%858M2.99%759M0.14%714M3.07%1.04B-13.84%3.25B-12.12%790M-4.66%737M-9.40%713M
Gross profit 1.48%2.33B6.54%8.8B2.87%2.22B7.13%2.18B7.36%2.1B8.96%2.3B6.62%8.26B8.71%2.16B4.52%2.03B8.30%1.96B
Operating expense 2.38%1.38B6.85%5.31B4.48%1.35B7.21%1.31B6.73%1.3B9.08%1.35B6.54%4.97B7.29%1.3B8.44%1.22B5.72%1.22B
Depreciation amortization depletion 3.30%532M6.75%2.06B2.40%512M7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M
-Depreciation and amortization 3.30%532M6.75%2.06B2.40%512M7.92%518M6.67%512M10.28%515M8.69%1.93B10.13%500M8.35%480M9.09%480M
Other operating expenses 1.81%845M6.91%3.25B5.79%841M6.76%790M6.77%789M8.36%830M5.23%3.04B5.58%795M8.50%740M3.65%739M
Operating profit 0.21%955M6.08%3.49B0.46%868M7.00%871M8.40%800M8.79%953M6.74%3.29B10.91%864M-0.85%814M12.84%738M
Net non-operating interest income (expenses) -1.12%-362M-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
Non-operating interest income -16.67%10M-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
Non-operating interest expense 0.54%372M5.12%1.48B0.27%369M4.23%370M6.34%369M10.12%370M7.74%1.41B9.52%368M7.25%355M7.43%347M
Other net income (expenses) 2.53%81M32.59%297M63.64%54M-18.82%69M93.88%95M38.60%79M4.19%224M-62.92%33M214.81%85M6.52%49M
Gain on sale of security -53.85%6M755.56%59M176.92%20M-69.57%7M1,100.00%20M360.00%13M-169.23%-9M-273.33%-26M227.78%23M-140.00%-2M
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) 16.67%70M16.44%255M22.00%61M-3.28%59M47.06%75M5.26%60M32.73%219M-57.63%50M258.82%61M24.39%51M
Income before tax 0.00%674M8.28%2.35B3.86%565M3.21%579M17.54%536M9.95%674M5.02%2.17B-1.81%544M4.47%561M15.44%456M
Income tax -3.45%112M13.58%393M-13.98%80M26.51%105M33.33%92M14.85%116M-3.89%346M-21.85%93M-9.78%83M40.82%69M
Earnings from equity interest net of tax
Net income 0.72%562M7.28%1.96B7.54%485M-0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M
Net income continuous operations 0.72%562M7.28%1.96B7.54%485M-0.84%474M14.73%444M8.98%558M6.90%1.83B3.68%451M7.42%478M11.85%387M
Noncontrolling interests 2.63%39M9.46%162M13.89%41M10.26%43M5.26%40M8.57%38M8.03%148M-2.70%36M14.71%39M8.57%38M
Net income attributable to the company 0.58%523M7.08%1.8B6.99%444M-1.82%431M15.76%404M9.01%520M6.80%1.68B4.27%415M6.81%439M12.22%349M
Preferred stock dividends 4.76%22M14.86%85M15.79%22M15.79%22M11.11%20M16.67%21M10.45%74M11.76%19M11.76%19M5.88%18M
Other under preferred stock dividend
Net income attributable to common stockholders 0.40%501M6.72%1.71B6.57%422M-2.62%409M16.01%384M8.71%499M6.64%1.61B3.94%396M6.60%420M12.59%331M
Diluted earnings per share -1.00%0.994.94%3.45.06%0.83-4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.67
Basic earnings per share -1.00%0.994.94%3.45.06%0.83-4.71%0.8113.43%0.767.53%14.52%3.241.28%0.794.94%0.859.84%0.67
Dividend per share 4.07%0.644.19%2.4854.07%0.644.24%0.6154.24%0.6154.24%0.6154.38%2.3854.24%0.6154.42%0.594.42%0.59
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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