Fortis Revenue 2016-2023 | FTS

Fortis annual/quarterly revenue history and growth rate from 2016 to 2023. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
  • Fortis revenue for the quarter ending December 31, 2023 was $2.123B, a 9.76% decline year-over-year.
  • Fortis revenue for the twelve months ending December 31, 2023 was $8.532B, a 0.44% increase year-over-year.
  • Fortis annual revenue for 2023 was $8.532B, a 0.44% increase from 2022.
  • Fortis annual revenue for 2022 was $8.494B, a 12.68% increase from 2021.
  • Fortis annual revenue for 2021 was $7.539B, a 13.02% increase from 2020.
Fortis Annual Revenue
(Millions of US $)
2023 $8,532
2022 $8,494
2021 $7,539
2020 $6,670
2019 $6,619
2018 $6,473
2017 $6,403
2016 $5,164
2015 $5,267
Fortis Quarterly Revenue
(Millions of US $)
2023-12-31 $2,123
2023-09-30 $2,026
2023-06-30 $1,929
2023-03-31 $2,453
2022-12-31 $2,352
2022-09-30 $1,956
2022-06-30 $1,948
2022-03-31 $2,239
2021-12-31 $2,055
2021-09-30 $1,745
2021-06-30 $1,734
2021-03-31 $2,005
2020-12-31 $1,796
2020-09-30 $1,592
2020-06-30 $1,499
2020-03-31 $1,783
2019-12-31 $1,759
2019-09-30 $1,554
2019-06-30 $1,473
2019-03-31 $1,833
2018-12-31 $1,664
2018-09-30 $1,561
2018-06-30 $1,509
2018-03-31 $1,738
2017-12-31 $1,670
2017-09-30 $1,517
2017-06-30 $1,499
2017-03-31 $1,718
2016-12-31 $1,579
2016-09-30 $1,158
2016-06-30 $1,146
2016-03-31 $1,281
2015-12-31 $1,280
2015-09-30 $1,198
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $18.710B $8.531B
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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