Fortis Inc. (FTS) Earnings History
Annual and quarterly earnings data from 1995 to 2025
Loading earnings history...
FTS EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
FTS Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 45.6% | 28.7% | 14.8% |
| 2024 | 71.8% | 28.6% | 14.6% |
| 2023 | 67.3% | 26.8% | 13.7% |
| 2022 | 64.2% | 24.8% | 12.6% |
| 2021 | 68.8% | 26.1% | 13.7% |
Download Data
Export FTS earnings history in CSV or JSON format
Free sign-in required to download data
Fortis Inc. (FTS) Earnings Overview
As of May 6, 2026, Fortis Inc. (FTS) reported trailing twelve-month net income of $1.68B, reflecting +4.9% year-over-year growth. The company earned $2.75 per diluted share over the past four quarters, with a net profit margin of 14.8%.
Looking at the long-term picture, FTS's 5-year EPS compound annual growth rate (CAGR) stands at +5.0%, showing solid earnings momentum. The company achieved its highest annual net income of $1.80B in fiscal 2025, representing a new all-time high.
Fortis Inc. maintains positive profitability with a gross margin of 45.6%, operating margin of 28.7%, and net margin of 14.8%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including ATO ($1.25B net income, 25.5% margin), WEC ($1.64B net income, 15.9% margin), ES ($1.34B net income, 6.8% margin), FTS has room to improve margins relative to the peer group. Compare FTS vs ATO →
FTS Earnings vs Peers
Earnings metrics vs comparable public companies
FTS Historical Earnings Data (1995–2025)
30 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.80B | +7.1% | $3.49B | $3.40 | 14.8% | 28.7% |
| 2024 | $1.68B | +6.8% | $3.29B | $3.24 | 14.6% | 28.6% |
| 2023 | $1.57B | +12.8% | $3.08B | $3.10 | 13.7% | 26.8% |
| 2022 | $1.39B | +7.7% | $2.74B | $2.78 | 12.6% | 24.8% |
| 2021 | $1.29B | +1.6% | $2.47B | $2.61 | 13.7% | 26.1% |
| 2020 | $1.27B | -26.0% | $2.51B | $2.66 | 14.3% | 28.1% |
| 2019 | $1.72B | +47.7% | $3.04B | $3.64 | 19.6% | 34.6% |
| 2018 | $1.17B | +13.4% | $2.37B | $2.74 | 13.9% | 28.2% |
| 2017 | $1.03B | +55.8% | $2.51B | $2.31 | 12.4% | 30.2% |
| 2016 | $660M | -18.0% | $1.48B | $1.89 | 9.7% | 21.7% |
Full FTS Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See FTS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs FTS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare FTS vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonFTS — Frequently Asked Questions
Quick answers to the most common questions about buying FTS stock.
Is FTS growing earnings?
FTS EPS of $2.75 reflects slowing growth at +4.9%, below the 5-year CAGR of +5.0%. TTM net income is $1.7B. Expansion rate has moderated.
What are FTS's profit margins?
Fortis Inc. net margin is +14.8%, with operating margin at +28.7%. Margins sit within typical range for the sector.
How consistent are FTS's earnings?
FTS earnings data spans 1995-2025. The current earnings trend is +4.9% YoY. Historical data enables comparison across business cycles.