Fortis annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Fortis Operating Margin Growth & History (FTS)
Fortis's operating margin was 29.34% for fiscal 2025.
View full Fortis company overviewFortis annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 29.34% | +0.06 pp |
| 2024 | 2024-12-31 | 29.28% | +1.65 pp |
| 2023 | 2023-12-31 | 27.63% | +2.52 pp |
| 2022 | 2022-12-31 | 25.11% | −1.58 pp |
| 2021 | 2021-12-31 | 26.69% | −2.00 pp |
| 2020 | 2020-12-31 | 28.68% | −6.65 pp |
| 2019 | 2019-12-31 | 35.33% | +6.92 pp |
| 2018 | 2018-12-31 | 28.40% | −2.22 pp |
| 2017 | 2017-12-31 | 30.63% | +8.94 pp |
| 2016 | 2016-12-31 | 21.69% | +0.69 pp |
| 2015 | 2015-12-31 | 21.00% | — |
Fortis quarterly operating margin
Q2.16
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2025 | 2025-06-30 | 28.42% | +2.27 pp |
| Q2 2024 | 2024-06-30 | 27.64% | −1.15 pp |
| Q2 2023 | 2023-06-30 | 25.21% | −31.13 pp |
| Q2 2022 | 2022-06-30 | 24.69% | −5.07 pp |
| Q2 2021 | 2021-06-30 | 26.15% | −5.35 pp |
| Q2 2020 | 2020-06-30 | 28.79% | +7.85 pp |
| Q2 2019 | 2019-06-30 | 56.35% | — |
| Q2 2018 | 2018-06-30 | 29.76% | — |
| Q2 2017 | 2017-06-30 | 31.50% | — |
| Q2 2016 | 2016-06-30 | 20.94% | — |
Fortis operating margin trends
Over the last five reported fiscal years, Fortis's operating margin increased from 28.68% to 29.34%, a change of +0.66 percentage points. The latest reported quarter, Q2 2025, shows 28.42%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fortis filings at SEC.gov ↗