# Fortis Inc.: overview

FTS · NYSE · CIK 1666175 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fts.md) · [Financials](/companies/fts/financials.md) · [Filings](/companies/fts/filings.md) · [Insiders](/companies/fts/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [9.3](/filings/0001666175-23-000014.md) | [10.9](/filings/0001666175-24-000020.md) | [11.2](/filings/0001666175-25-000017.md) | [11.2](/filings/0001666175-26-000013.md) | [11.9](/filings/0001666175-26-000013.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [26.7%](/filings/0001666175-23-000014.md) | [25.1%](/filings/0001666175-24-000020.md) | [27.6%](/filings/0001666175-25-000017.md) | [29.3%](/filings/0001666175-26-000013.md) | [29.3%](/filings/0001666175-26-000013.md) |
| Net margin | % | [15.2%](/filings/0001666175-23-000014.md) | [13.9%](/filings/0001666175-24-000020.md) | [15.3%](/filings/0001666175-25-000017.md) | [16.3%](/filings/0001666175-26-000013.md) | [16.5%](/filings/0001666175-26-000013.md) |
| Diluted EPS | $ per share | [2.61](/filings/0001666175-23-000014.md) | [2.78](/filings/0001666175-24-000020.md) | [3.10](/filings/0001666175-25-000017.md) | [3.24](/filings/0001666175-26-000013.md) | [3.40](/filings/0001666175-26-000013.md) |
| Free cash flow | $bn | [(0.3)](/filings/0001666175-23-000014.md) | [(0.5)](/filings/0001666175-24-000020.md) | [(0.4)](/filings/0001666175-25-000017.md) | [(1.1)](/filings/0001666175-26-000013.md) | [(1.9)](/filings/0001666175-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fts/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $1.98bn | 34,638,382 |  | Reduced −603,069 |
| [BANK OF MONTREAL /CAN/](/funds/927971.md) | 2026-06-30 | $1.41bn | 24,632,401 |  | Reduced −151,568 |
| [FIL Ltd](/funds/318989.md) | 2026-06-30 | $1.02bn | 17,723,935 |  | Reduced −1,669,855 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $881.7m | 15,389,677 |  | Added +219,040 |
| [TD Asset Management Inc](/funds/1056053.md) | 2026-06-30 | $557.7m | 9,738,606 |  | Reduced −3,695,982 |
| [TD Waterhouse Canada Inc.](/funds/1999606.md) | 2026-06-30 | $535.2m | 9,436,026 |  | Added +129,466 |
| [SCOTIA CAPITAL INC.](/funds/1335644.md) | 2026-06-30 | $528.6m | 9,235,087 |  | Reduced −157,749 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $445.1m | 7,370,342 |  | Added +543,345 |
| [CIBC WORLD MARKET INC.](/funds/1421224.md) | 2026-06-30 | $442.6m | 7,733,140 |  | Reduced −102,750 |
| [1832 Asset Management L.P.](/funds/944388.md) | 2026-06-30 | $420.2m | 7,343,075 |  | Reduced −218,061 |

## Recent filings

[All 410 filings](/companies/fts/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-05 | 16:40 ET | [6-K](/filings/0001171843-26-006410.md) | Report of a foreign private issuer, period 2026-10-05 | 0001171843-26-006410 |
| 2026-09-21 | 14:47 ET | [6-K](/filings/0001104659-26-109250.md) | Report of a foreign private issuer, period 2026-09-21 | 0001104659-26-109250 |
| 2026-09-10 | 12:09 ET | [6-K](/filings/0001104659-26-106613.md) | Report of a foreign private issuer, period 2026-09-09 | 0001104659-26-106613 |
| 2026-09-10 | 19:11 ET | [6-K](/filings/0001104659-26-106434.md) | Report of a foreign private issuer, period 2026-09-09 | 0001104659-26-106434 |
| 2026-07-31 | 06:03 ET | [6-K](/filings/0001666175-26-000033.md) | Report of a foreign private issuer, period 2026-06-30 | 0001666175-26-000033 |
| 2026-07-31 | 06:02 ET | [6-K](/filings/0001666175-26-000031.md) | Report of a foreign private issuer, period 2026-06-30 | 0001666175-26-000031 |
| 2026-07-30 | 18:49 ET | [6-K](/filings/0001171843-26-005039.md) | Report of a foreign private issuer, period 2026-07-29 | 0001171843-26-005039 |
| 2026-07-02 | 16:35 ET | [6-K](/filings/0001171843-26-004447.md) | Report of a foreign private issuer, period 2026-07-02 | 0001171843-26-004447 |
| 2026-06-12 | 07:45 ET | [6-K](/filings/0001104659-26-073200.md) | Report of a foreign private issuer, period 2026-06-12 | 0001104659-26-073200 |
| 2026-05-07 | 14:56 ET | [6-K](/filings/0001171843-26-003143.md) | Report of a foreign private issuer, period 2026-05-07 | 0001171843-26-003143 |

## Latest annual report

[Form 40-F for the fiscal year ended Dec 31, 2025](/filings/0001666175-26-000013.md), filed Feb 12, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1666175
- Tickers: FTS, FINCF, FORFF, FRTJF, FRTSF, FTPSF, FTRSF
- Exchange: NYSE
- SIC code: 4911 Electric Services
- State of incorporation: A4
- Filer category: not reported

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:46 ET. No prices; not investment advice.
