Fortis Inc. (FTS.TO)

CAD 59.31

(-1.13%)

Annual Income Statements

(In CAD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 11.51 Billion 11.04 Billion 9.44 Billion 8.93 Billion 8.78 Billion 8.39 Billion
Cost of Revenue 3.77 Billion 3.95 Billion 2.95 Billion 2.56 Billion 2.52 Billion 2.49 Billion
Gross Profit 7.74 Billion 7.09 Billion 6.49 Billion 6.37 Billion 6.26 Billion 5.89 Billion
Operating Expenses 1.77 Billion 4.35 Billion 4.02 Billion 3.86 Billion 3.8 Billion 3.53 Billion
Selling, General and Administrative Expenses 62 Million 92 Million 45 Million 31 Million 11 Million 1 Million
Research and Development Expenses - - - - - -
Other Expenses - 4.35 Billion 4.02 Billion 3.86 Billion 3.8 Billion -17 Million
Cost and Expenses 8.43 Billion 8.3 Billion 6.97 Billion 6.42 Billion 6.32 Billion 6.02 Billion
Operating Income 3.08 Billion 2.74 Billion 2.46 Billion 2.5 Billion 3.03 Billion 2.36 Billion
Interest Expense 1.3 Billion 1.1 Billion 1 Billion 1.04 Billion 1.03 Billion 974 Million
Income Tax Expense 360 Million 289 Million 234 Million 231 Million 289 Million 165 Million
Earnings before Tax 2.07 Billion 1.8 Billion 1.63 Billion 1.62 Billion 2.14 Billion 1.45 Billion
Net Income 1.57 Billion 1.39 Billion 1.29 Billion 1.27 Billion 1.72 Billion 1.16 Billion
Earnings Per Share Basic 3.10 2.78 2.61 2.60 3.79 2.75
Earnings Per Share Diluted 3.10 2.78 2.61 2.60 3.78 2.74
Weighted Average Shares Outstanding 486.3 Million 478.6 Million 470.9 Million 464.8 Million 436.8 Million 424.7 Million
Weighted Average Shares Outstanding (Diluted) 486.5 Million 479 Million 471.4 Million 465.4 Million 437.5 Million 425.2 Million
Gross Margin 0.67 0.64 0.69 0.71 0.71 0.70
EBIT Margin 0.43 0.42 0.43 0.46 0.45 0.44
Profit Margin 0.14 0.13 0.14 0.14 0.20 0.14
EBITDA 4.91 Billion 4.5 Billion 4.01 Billion 3.96 Billion 3.82 Billion 3.6 Billion
Earnings Before Tax Margin 0.27 0.25 0.26 0.28 0.35 0.28

Income Statement Charts