Fortis Inc.
FTS
Rank in Stocks
#839
Fortis Inc. operates as an electric and gas utility company in Canada, the... Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
Share Price
$55.95
Last synced: 2026-10-21
Market Cap
$28.59B
Change (1 day)
-2.77%
Change (1 year)
7.42%
Country
CA
Trade Fortis Inc. (FTS)
Category
Utilities
Operating Margin for Fortis Inc. (FTS)
Operating Margin as of 2026 TTM: 0.00%
According to Fortis Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 0.00%. At the end of 2026 the company had an Operating Margin of 0.00%.
Operating Margin history for Fortis Inc. from 2001 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2025 | 28.69% | 0.28% |
| 2024 | 28.61% | 6.83% |
| 2023 | 26.78% | 7.94% |
| 2022 | 24.81% | -5.05% |
| 2021 | 26.13% | -6.91% |
| 2020 | 28.07% | -18.85% |
| 2019 | 34.59% | 22.70% |
| 2018 | 28.19% | -6.41% |
| 2017 | 30.12% | 38.87% |
| 2016 | 21.69% | 2.12% |
| 2015 | 21.24% | 12.14% |
| 2014 | 18.94% | -10.02% |
| 2013 | 21.05% | -3.13% |
| 2012 | 21.73% | 6.31% |
| 2011 | 20.44% | 1.19% |
| 2010 | 20.20% | 4.83% |
| 2009 | 19.27% | 7.47% |
| 2008 | 17.93% | -9.90% |
| 2007 | 19.90% | -17.53% |
| 2006 | 24.13% | -2.43% |
| 2005 | 24.73% | 7.43% |
| 2004 | 23.02% | -3.36% |
| 2003 | 23.82% | -1.57% |
| 2002 | 24.20% | 3.29% |
| 2001 | 23.43% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 29.49% | - |
US
|
|
| 24.19% | - |
US
|
|
| 0.00% | - |
US
|
|
| 28.36% | - |
US
|
|
| 25.13% | - |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.