Fortis Gross Profit 2016-2022 | FTS

Fortis annual/quarterly gross profit history and growth rate from 2016 to 2022. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Fortis gross profit for the quarter ending June 30, 2022 was $0.807B, a 7.09% increase year-over-year.
  • Fortis gross profit for the twelve months ending June 30, 2022 was $3.258B, a 6.43% increase year-over-year.
  • Fortis annual gross profit for 2021 was $3.171B, a 7.92% increase from 2020.
  • Fortis annual gross profit for 2020 was $2.938B, a 2.31% increase from 2019.
  • Fortis annual gross profit for 2019 was $2.872B, a 3.18% increase from 2018.
Fortis Annual Gross Profit
(Millions of US $)
2021 $3,171
2020 $2,938
2019 $2,872
2018 $2,784
2017 $2,838
2016 $1,862
2015 $1,795
Fortis Quarterly Gross Profit
(Millions of US $)
2022-06-30 $807
2022-03-31 $855
2021-12-31 $819
2021-09-30 $777
2021-06-30 $754
2021-03-31 $821
2020-12-31 $765
2020-09-30 $721
2020-06-30 $696
2020-03-31 $757
2019-12-31 $781
2019-09-30 $697
2019-06-30 $651
2019-03-31 $743
2018-12-31 $676
2018-09-30 $696
2018-06-30 $687
2018-03-31 $724
2017-12-31 $712
2017-09-30 $733
2017-06-30 $684
2017-03-31 $709
2016-12-31 $564
2016-09-30 $450
2016-06-30 $421
2016-03-31 $428
2015-12-31 $1,280
2015-09-30 $1,198
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $18.530B $7.538B
Fortis, Inc. is engaged in electric and gas utility business. The Company offers regulated utilities comprised of electric and gas as well as engages in non-regulated hydroelectric operations. It operates primarily in Canada, United States and Caribbean. Fortis, Inc. is based in St John's, Canada.
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