Fortis Inc. (FTS) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 3.39B | 3.08B | 2.94B | 2.81B | 3.34B | 2.95B | 2.77B | 2.67B | 3.12B | 2.88B | 2.72B | 2.59B |
| Revenue Growth % | 1.55% | 4.41% | 6.03% | 5.43% | 7.06% | 2.22% | 1.91% | 2.93% | -6.06% | -8.93% | 6.5% | 4.3% |
| Cost of Revenue | 2.45B | 858M | 759M | 714M | 1.04B | 790M | 737M | 713M | 1.01B | 899M | 773M | 787M |
| Gross Profit | 935.41M | 2.22B | 2.18B | 2.1B | 2.3B | 2.16B | 2.03B | 1.96B | 2.11B | 1.99B | 1.95B | 1.81B |
| Gross Margin % | 27.6% | 72.13% | 74.17% | 74.64% | 68.84% | 73.21% | 73.4% | 73.3% | 67.64% | 68.84% | 71.57% | 69.66% |
| Gross Profit Growth % | -59.29% | 2.87% | 7.13% | 7.36% | 8.96% | 8.71% | 4.52% | 8.3% | 5.08% | 4.53% | 11.26% | 6.92% |
| Operating Expenses | 0 | 1.35B | 1.31B | 1.3B | 1.34B | 1.29B | 1.22B | 1.22B | 1.23B | 1.21B | 1.13B | 1.15B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 1.47B | 1.38B | 1.39B | 1.31B | 1.47B | 1.36B | 1.29B | 1.22B | 1.34B | 1.23B | 1.26B | 1.09B |
| EBITDA Margin % | 43.33% | 44.82% | 47.28% | 46.61% | 43.98% | 46.25% | 46.7% | 45.62% | 43.07% | 42.74% | 46.49% | 42.17% |
| EBITDA Growth % | 0.05% | 1.17% | 7.34% | 7.72% | 9.31% | 10.62% | 2.37% | 11.33% | 6.08% | 4.94% | 12.96% | 6.11% |
| Depreciation & Amortization | 533.37M | 512M | 518M | 512M | 515M | 500M | 480M | 480M | 467M | 454M | 443M | 440M |
| D&A / Revenue % | 15.73% | 16.63% | 17.63% | 18.19% | 15.43% | 16.95% | 17.32% | 17.98% | 14.98% | 15.74% | 16.29% | 16.96% |
| Operating Income (EBIT) | 935.41M | 868M | 871M | 800M | 953M | 864M | 814M | 738M | 876M | 779M | 821M | 654M |
| Operating Margin % | 27.6% | 28.19% | 29.65% | 28.42% | 28.55% | 29.3% | 29.38% | 27.64% | 28.09% | 27% | 30.19% | 25.21% |
| Operating Income Growth % | -1.85% | 0.46% | 7% | 8.4% | 8.79% | 10.91% | -0.85% | 12.84% | 5.54% | 3.45% | 17.79% | 6.51% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 2.51x | 2.53x | 2.56x | 2.45x | 2.82x | 2.48x | 2.58x | 2.31x | 2.82x | 2.65x | 2.62x | 2.22x |
| Interest / Revenue % | 0.03% | 0.03% | 0.03% | 0.04% | 0.03% | 0.03% | 0.04% | 0.04% | 0.03% | 0.03% | 0.04% | 0.04% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 675.74M | 565M | 579M | 536M | 674M | 544M | 561M | 456M | 613M | 554M | 537M | 395M |
| Pretax Margin % | 19.93% | 18.35% | 19.71% | 19.04% | 20.19% | 18.45% | 20.25% | 17.08% | 19.66% | 19.2% | 19.75% | 15.23% |
| Income Tax | 112.29M | 80M | 105M | 92M | 116M | 93M | 83M | 69M | 101M | 119M | 92M | 49M |
| Effective Tax Rate % | 16.62% | 14.16% | 18.13% | 17.16% | 17.21% | 17.1% | 14.8% | 15.13% | 16.48% | 21.48% | 17.13% | 12.41% |
| Net Income | 524.35M | 444M | 431M | 404M | 520M | 415M | 439M | 349M | 477M | 398M | 411M | 311M |
| Net Margin % | 15.47% | 14.42% | 14.67% | 14.35% | 15.58% | 14.07% | 15.84% | 13.07% | 15.3% | 13.8% | 15.12% | 11.99% |
| Net Income Growth % | 0.84% | 6.99% | -1.82% | 15.76% | 9.01% | 4.27% | 6.81% | 12.22% | 5.3% | 3.11% | 20.18% | 3.67% |
| EPS (Diluted) | 0.99 | 0.83 | 0.58 | 0.77 | 1.00 | 0.80 | 0.85 | 0.67 | 0.93 | 0.78 | 0.82 | 0.61 |
| EPS Growth % | -1% | 3.75% | -31.76% | 14.93% | 7.53% | 2.56% | 3.66% | 9.84% | 2.2% | 0% | 18.84% | 1.67% |
| EPS (Basic) | 0.99 | 0.83 | 0.58 | 0.77 | 1.00 | 0.80 | 0.85 | 0.67 | 0.93 | 0.78 | 0.82 | 0.61 |
| Diluted Shares Outstanding | 508.5M | 608.97M | 504.8M | 500.6M | 500.6M | 496.4M | 496.4M | 494.2M | 491.8M | 489.15M | 482.75M | 482.75M |