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Fortis Inc
TSX:FTS

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

Net Margin
Fortis Inc

13.5%
Current
13%
Average
7.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.5%
=
Net Income
1.5B
/
Revenue
11.3B

Net Margin Across Competitors

Country CA
Market Cap 27.6B CAD
Net Margin
14%
Country US
Market Cap 153.3B USD
Net Margin
28%
Country US
Market Cap 85.6B USD
Net Margin
17%
Country ES
Market Cap 75.5B EUR
Net Margin
13%
Country US
Market Cap 79.4B USD
Net Margin
9%
Country IT
Market Cap 66.1B EUR
Net Margin
4%
Country US
Market Cap 68.4B USD
Net Margin
7%
Country DK
Market Cap 51.1B EUR
Net Margin
-31%
Country FR
Market Cap 46.6B EUR
Net Margin
-13%
Country US
Market Cap 47.9B USD
Net Margin
15%
Country US
Market Cap 46.8B USD
Net Margin
10%

Profitability Report

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

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.5%
=
Net Income
1.5B
/
Revenue
11.3B
What is the Net Margin of Fortis Inc?

Based on Fortis Inc's most recent financial statements, the company has Net Margin of 13.5%.