Fortis (FTS) Income Statement & Earnings

57.520
+0.870+1.54%

Trading Jul 2 13:21 ET

29.29BMarket Cap24.12P/E (TTM)

Fortis (FTS) Income Statement

Quarterly+Annual

YOY

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(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 expense

-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 (expense)

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

Earnings from equity interest

-16.67%5M

7.14%15M

-44.44%5M

200.00%3M

----

20.00%6M

0.00%14M

125.00%9M

-66.67%1M

----

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

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

Minority interest income

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 parent 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

11.11%20M

16.67%21M

10.45%74M

11.76%19M

5.88%18M

Other preferred stock dividends

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

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

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

Dividend per share

4.07%0.64

4.19%2.485

4.07%0.64

4.24%0.615

4.38%2.385

4.24%0.615

4.42%0.59

Currency Unit

CAD

Accounting Standards

US-GAAP

Audit Opinions

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%3.4B	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 expense	-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 (expense)	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
Earnings from equity interest	-16.67%5M	7.14%15M	-44.44%5M	200.00%3M	----	20.00%6M	0.00%14M	125.00%9M	-66.67%1M	----
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
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
Minority interest income	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 parent 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 preferred stock dividends
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
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
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
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
Currency Unit	CAD	CAD	CAD	CAD	CAD	CAD	CAD	CAD	CAD	CAD
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	--	--	--

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