Fortis Inc. (FTS) Earnings History
Steady Earner31 years of earnings data (1995–2025) · Positive but moderate multi-year EPS trajectory
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Fortis Inc. (FTS) Earnings Overview
As of June 21, 2026, Fortis Inc. (FTS) reported trailing twelve-month net income of $1.80B, reflecting +4.9% year-over-year growth. The company earned $3.55 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 72.3%, 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 ($1.35B net income, 25.5% margin), WEC ($1.64B net income, 15.9% margin), ES ($1.75B net income, 12.5% 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% |
| 2015 | $805M | +112.4% | $1.42B | $2.59 | 11.9% | 21.0% |
| 2014 | $379M | -7.6% | $1.02B | $1.40 | 7.0% | 18.9% |
| 2013 | $410M | +13.3% | $852M | $1.73 | 10.1% | 21.1% |
| 2012 | $362M | +1.4% | $794M | $1.65 | 9.9% | 21.7% |
| 2011 | $357M | +14.1% | $775M | $1.70 | 9.6% | 20.7% |
| 2010 | $313M | +11.8% | $740M | $1.62 | 8.5% | 20.2% |
| 2009 | $280M | +8.1% | $701M | $1.51 | 7.7% | 19.3% |
| 2008 | $259M | +30.2% | $700M | $1.52 | 6.6% | 17.9% |
| 2007 | $199M | +33.6% | $541M | $1.32 | 7.3% | 19.9% |
| 2006 | $149M | +8.7% | $355M | $1.37 | 10.1% | 24.1% |
| 2005 | $137M | +50.9% | $356M | $1.24 | 9.5% | 24.7% |
| 2004 | $91M | +23.4% | $264M | $1.01 | 7.9% | 23.0% |
| 2003 | $74M | +16.4% | $202M | $1.02 | 8.7% | 23.9% |
| 2002 | $63M | +18.0% | $173M | $0.96 | 8.8% | 24.2% |
| 2001 | $54M | +45.8% | $147M | $0.90 | 8.5% | 23.5% |
| 2000 | $37M | +26.0% | $110M | $0.68 | 6.3% | 18.8% |
| 1999 | $29M | +6.5% | $103M | $0.56 | 5.8% | 20.5% |
| 1998 | $27M | -8.6% | $91M | $0.53 | 5.8% | 19.1% |
| 1997 | $30M | -14.4% | $104M | $0.60 | 6.1% | 21.1% |
| 1995 | $35M | - | $94M | $0.63 | 7.8% | 21.0% |
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FTS — Frequently Asked Questions
Quick answers to the most common questions about buying FTS stock.
What is FTS earnings per share (EPS)?
FTS trailing twelve-month (TTM) diluted EPS is $3.55, reflecting +4.9% year-over-year growth. The 5-year EPS CAGR is +5.0%. Complete EPS history from 1995 to 2025 is available in the table on this page.
What is Fortis Inc.'s net income?
Fortis Inc. (FTS) trailing twelve-month net income is $1.8B as of 2025. Earnings grew +4.9% year-over-year. Fortis Inc. has been profitable for 30 consecutive years.
Is FTS profitable?
Yes, FTS is profitable with a TTM net income of $1.8B and a net profit margin of +14.8%. Fortis Inc. has generated profits for 30 consecutive years.
What is FTS's earnings growth rate?
FTS compound annual EPS growth rates (CAGR): 1-Year: +4.9%, 3-Year: +6.9%, 5-Year: +5.0%, 10-Year: +2.8%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1995 to 2025.
What are FTS's profit margins?
Fortis Inc. net profit margin is +14.8%, operating margin is +28.7%, and gross margin is +72.3%. Margins are within a typical range for the sector. Return on Equity is +7.0%.
Is FTS growing earnings?
FTS earnings growth is slowing. Current YoY EPS growth of +4.9% trails the 5-year CAGR of +5.0%. TTM net income is $1.8B.
What was FTS's best earnings year?
Fortis Inc.'s highest annual net income on record is $1.8B, achieved in fiscal year 2025. Earnings history on this page spans 1995 to 2025 and includes all annual and quarterly figures.
What were FTS's earnings last quarter?
FTS's most recent reported quarter was Q1 2026. Net income was $524M with diluted EPS of $0.99. For a full breakdown of all quarters, see the quarterly earnings table on this page.