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Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 56.03 CAD 0.99% Market Closed
Updated: May 10, 2024

Gross Margin
Fortis Inc

69.4%
Current
67%
Average
33.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
69.4%
=
Gross Profit
7.8B
/
Revenue
11.3B

Gross Margin Across Competitors

Country CA
Market Cap 27.6B CAD
Gross Margin
69%
Country US
Market Cap 153.3B USD
Gross Margin
0%
Country US
Market Cap 85.6B USD
Gross Margin
89%
Country ES
Market Cap 75.5B EUR
Gross Margin
43%
Country US
Market Cap 79.4B USD
Gross Margin
67%
Country IT
Market Cap 66.1B EUR
Gross Margin
51%
Country US
Market Cap 68.4B USD
Gross Margin
36%
Country DK
Market Cap 51.1B EUR
Gross Margin
38%
Country FR
Market Cap 46.6B EUR
Gross Margin
36%
Country US
Market Cap 47.9B USD
Gross Margin
67%
Country US
Market Cap 46.8B USD
Gross Margin
85%

Profitability Report

View the profitability report to see the full profitability analysis for Fortis Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
69.4%
=
Gross Profit
7.8B
/
Revenue
11.3B
What is the Gross Margin of Fortis Inc?

Based on Fortis Inc's most recent financial statements, the company has Gross Margin of 69.4%.