Profit Metrics Summary (Annual)
According to Fortis's latest annual financial reports:
- The company has reported a gross profit of 8.26B, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 71.77%, with a year-over-year growth of 70.04%.
- Fortis's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 5.51B. The EBITDA margin stands at 47.85%, showing a growth of 6.97% compared to the previous year.
- The operating income, representing the profit from business operations before taxes and interest, stands at 3.29B. The operating margin is 28.61%, with a year-over-year growth of 6.74%.
- The net income, which shows the company's total earnings or profit after all expenses, is 1.68B. The net profit margin is 14.60%, demonstrating a growth of 6.80% from the previous year.
These metrics provide a comprehensive overview of Fortis's profitability and operational efficiency over the past year.
Gross Profit
$8.26B
Gross Profit Margin (2023)
71.77%
EBITDA
$5.51B
EBITDA Margin
47.85%
Operating Income (2023)
$3.29B
Operating Margin
28.61%
Net Income
$1.68B
Net Profit Margin
14.60%
Historical Gross Profit
Historical Gross Profit Margin
Historical Gross Profit Growth
Historical EBITDA
Historical EBITDA Margin
Historical EBITDA Growth
Historical Operating Income
Historical Operating Profit Margin
Historical Operating Income Growth
Historical Net Income
Historical Net Profit Margin
Historical Net Income Growth
Fortis Historical Profit Metrics
Fortis Historical Profits
The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Gross Profit | Gross Profit Growth | Operating Income | Operating Income Growth | Net Income | Net Income Growth | EBITDA | EBITDA Growth |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8.26B | 70.04% | $3.29B | 6.74% | $1.68B | 6.80% | $5.51B | 6.97% |
| 2023 | $4.86B | -31.50% | $3.08B | 12.55% | $1.57B | 12.84% | $5.15B | 14.40% |
| 2022 | $7.09B | 9.14% | $2.74B | 10.98% | $1.39B | 7.73% | $4.50B | 11.97% |
| 2021 | $6.50B | 1.95% | $2.47B | -1.56% | $1.29B | 1.57% | $4.02B | 1.31% |
| 2020 | $6.37B | 1.76% | $2.51B | -17.45% | $1.27B | -26.02% | $3.97B | 3.79% |
| 2019 | $6.26B | 6.24% | $3.04B | 28.46% | $1.72B | 47.68% | $3.82B | 5.99% |
| 2018 | $5.89B | -0.76% | $2.37B | -5.40% | $1.17B | 13.42% | $3.61B | -1.23% |
| 2017 | $5.94B | 32.09% | $2.50B | 68.58% | $1.03B | 55.76% | $3.65B | 40.53% |
| 2016 | $4.50B | 7.95% | $1.48B | 3.78% | $660.00M | -18.01% | $2.60B | 12.86% |
| 2015 | $4.17B | 30.02% | $1.43B | 39.69% | $805.00M | 112.40% | $2.30B | 32.60% |
| 2014 | $3.20B | 31.85% | $1.02B | 20.07% | $379.00M | -7.56% | $1.74B | 24.62% |
| 2013 | $2.43B | 13.98% | $852.00M | 7.30% | $410.00M | 13.26% | $1.39B | 9.86% |
| 2012 | $2.13B | 4.00% | $794.00M | 3.66% | $362.00M | 4.32% | $1.27B | 3.17% |
| 2011 | $2.05B | 3.64% | $766.00M | 3.51% | $347.00M | 10.86% | $1.23B | 5.77% |
| 2010 | $1.98B | 7.62% | $740.00M | 5.56% | $313.00M | 11.79% | $1.16B | 9.11% |
| 2009 | $1.84B | 2.62% | $701.00M | 0.14% | $280.00M | 8.11% | $1.06B | 1.82% |
| 2008 | $1.79B | 25.16% | $700.00M | 29.39% | $259.00M | 30.15% | $1.05B | 28.50% |
| 2007 | $1.43B | 53.66% | $541.00M | 52.33% | $199.00M | 33.76% | $814.00M | 52.82% |
| 2006 | $931.25M | -35.40% | $355.15M | -0.37% | $148.77M | 8.52% | $532.66M | 3.39% |
| 2005 | $1.44B | 25.77% | $356.46M | 35.10% | $137.10M | 50.90% | $515.18M | 35.75% |
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