Fortis Inc. revenue

Fortis Inc.'s revenue was $8.71bn in fiscal 2025, up 3.7% on the year before. Since fiscal 2015 ($5.29bn) it has grown at a compound 5.1% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fortis Inc.: revenue history, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	5,291	5,168	6,400	6,478	6,619	6,663	7,540	8,493	8,536	8,403	8,713
Growth on the year before	—	−2.3%	+23.8%	+1.2%	+2.2%	+0.7%	+13.2%	+12.6%	+0.5%	−1.6%	+3.7%
Gross profit	—	—	4,580	4,552	4,720	4,753	5,185	5,454	5,741	6,031	6,299
Gross margin	—	—	71.6%	70.3%	71.3%	71.3%	68.8%	64.2%	67.3%	71.8%	72.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electric Utilities: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Fortis Inc.	$8.71bn	3.7%	—
PPL Corporation	$9.40bn	6.7%	2.8%
Energy Co Of Minas Gerais	$7.66bn	3.2%	—
WEC Energy Group	$10.32bn	8.1%	3.8%
Emera Inc	$6.28bn	19.5%	59.1%
Public Service Enterprise Group	$12.34bn	5.3%	1.6%

Compare with peers

Head to head: FTS vs PPL CIG vs FTS FTS vs WEC

More: Electric Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Fortis Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Fortis Inc.