FTS Stock Annual Income Statement. Download in Excel
Fortis Inc.
FTS 
NYE
Sector: Utilities
Industry: Utilities - Regulated Electric
48.04
USD
-0.46
(-0.95%)
Previous close: 48.5 Open: 48.5 Bid: 42.83 Ask: 50.0
52 week range
38.15 50.06
Mkt Cap: 24,376 M Avg Vol (90 Days): 716,095
Last updated: Sunday 11th May 2025
Financials
FTS Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AccruedPreferredStockDividends | 67 M | 74 M | ||||||||
| Basic EPS from continuing operations | 2.61 | 1.89 | 2.32 | 2.59 | 3.79 | 2.6 | 2.61 | 3.1 | 3.24 | |
| Basic EPS total | 2.61 | 1.89 | 2.32 | 2.59 | 3.79 | 2.6 | 2.61 | 3.1 | 3.24 | |
| Basic weighted shares outstanding | 279 M | 309 M | 416 M | 425 M | 437 M | 465 M | 471 M | 486 M | 495 M | |
| Cost of sales | 2,591 M | 2,341 M | 2,361 M | 2,495 M | 2,520 M | 2,562 M | 2,951 M | 3,771 M | 3,249 M | |
| Depreciation | 1,773 M | 1,927 M | ||||||||
| Depreciation unreconciled | 873 M | 983 M | 1,179 M | 1,243 M | 1,350 M | 1,428 M | 1,505 M | 1,773 M | 1,927 M | |
| DepreciationAndAmortization | 873 M | 983 M | 1,179 M | 1,243 M | 1,350 M | 1,428 M | 1,505 M | 1,773 M | 1,927 M | |
| Diluted EPS total | 2.59 | 1.89 | 2.31 | 2.59 | 3.78 | 2.6 | 2.61 | 3.1 | 3.24 | |
| Diluted normalized net income/share | 2.59 | 1.89 | 2.31 | 2.59 | 3.78 | 2.6 | 2.61 | 3.1 | 3.24 | |
| Diluted weighted shares outstanding | 285 M | 313 M | 416 M | 425 M | 438 M | 465 M | 471 M | 487 M | 495 M | |
| Dividends paid per share | 1.4 | 1.53 | 1.63 | 1.73 | 1.83 | 1.94 | 2.05 | 2.285 | ||
| Earnings from equity interest | 7 M | 4 M | -1000000.0 | -1000000.0 | 20 M | 7 M | 101 M | |||
| EarningsFromEquityInterestNetOfTax | 7 M | 4 M | -1000000.0 | -1000000.0 | 20 M | 7 M | 101 M | |||
| FuelAndPurchasePower | 2,591 M | 2,341 M | 2,361 M | 2,495 M | 2,520 M | 2,562 M | 2,951 M | |||
| GainOnSaleOfBusiness | 577 M | 23 M | ||||||||
| GainOnSaleOfPPE | 165 M | |||||||||
| GainOnSaleOfSecurity | 13 M | 26 M | -12 M | 17 M | 13 M | 30 M | ||||
| Gross operating profit | 4,166 M | 4,497 M | 5,940 M | 5,895 M | 6,263 M | 6,373 M | 6,497 M | 7,746 M | 8,259 M | |
| Income before tax | 1,063 M | 858 M | 1,713 M | 1,451 M | 2,141 M | 1,620 M | 1,639 M | 2,070 M | 2,174 M | |
| Income restructuring and M&A | 10 M | |||||||||
| Income taxes | 223 M | 145 M | 588 M | 165 M | 289 M | 231 M | 234 M | 360 M | 346 M | |
| Interest income | 8 M | 7 M | 14 M | 15 M | 16 M | 13 M | 5 M | 291 M | 288 M | |
| InterestExpenseNonOperating | 580 M | 678 M | 914 M | 974 M | 1,035 M | 1,042 M | 1,003 M | 1,305 M | 1,406 M | |
| MinorityInterests | 35 M | 53 M | 97 M | 120 M | 130 M | -115 M | 111 M | -120 M | -137 M | -148 M |
| MiscOtherSpecialCharges | 91 M | |||||||||
| Net income from total operations | 805 M | 660 M | 1,028 M | 1,166 M | 1,722 M | 1,274 M | 1,294 M | 1,394 M | 1,573 M | 1,680 M |
| NetIncomeCommonStockholders | 728 M | 585 M | 963 M | 1,100 M | 1,655 M | 1,209 M | 1,231 M | 1,330 M | 1,573 M | 1,680 M |
| NetIncomeContinuousOperations | 840 M | 713 M | 1,125 M | 1,286 M | 1,852 M | 1,389 M | 1,405 M | 1,710 M | 1,828 M | |
| NetNonOperatingInterestIncomeExpense | 545 M | 671 M | 900 M | 959 M | 1,019 M | 1,029 M | 998 M | -1,014 M | -1,118 M | |
| Normalized income | 612 M | 594 M | 1,185 M | 1,002 M | 912 M | 1,113 M | 1,128 M | 1,377 M | ||
| Operating income | 1,419 M | 1,483 M | 2,511 M | 2,365 M | 2,461 M | 2,508 M | 2,469 M | 3,084 M | 3,292 M | |
| Operating income before depreciation (EBITDA) | 2,516 M | 2,519 M | 3,806 M | 3,668 M | 4,526 M | 4,090 M | 4,147 M | 4,573 M | ||
| OperatingExpense | 2,747 M | 3,014 M | 3,429 M | 3,530 M | 3,802 M | 3,865 M | 4,028 M | 4,662 M | 4,967 M | |
| Other income net | 189 M | 46 M | 102 M | 45 M | 699 M | 141 M | 168 M | 215 M | ||
| Other special charges | -14 M | -37 M | -74 M | -64 M | -85 M | -78 M | -77 M | |||
| OtherCostofRevenue | 2,591 M | 2,341 M | 2,361 M | 2,495 M | 2,520 M | 2,562 M | 3,771 M | 3,249 M | ||
| OtherOperatingExpenses | 1,874 M | 2,031 M | 2,250 M | 2,287 M | 2,452 M | 2,437 M | 2,523 M | 2,889 M | 3,040 M | |
| OtherunderPreferredStockDividend | 77 M | 75 M | 65 M | 66 M | 67 M | 65 M | 63 M | |||
| PreferredStockDividends | 77 M | 75 M | 65 M | 66 M | 67 M | 65 M | 63 M | |||
| RestructringAndMnAIncome | 10 M | |||||||||
| Special income/charges | 179 M | 37 M | 74 M | 64 M | 662 M | 78 M | 77 M | |||
| Total Income available for interest expense (EBIT) | 1,643 M | 1,536 M | 2,627 M | 2,425 M | 3,176 M | 2,662 M | 2,642 M | 2,905 M | ||
| Total common shares outstanding | 280 M | 400 M | 420 M | 427 M | 463 M | 467 M | 473 M | 469 M | 499 M | |
| Total net income | 805 M | 660 M | 1,028 M | 1,166 M | 1,722 M | 1,274 M | 1,294 M | 1,394 M | 1,573 M | 1,680 M |
| Total ordinary shares | 499 M | 499 M | 499 M | 499 M | 499 M | 499 M | 499 M | 499 M | 499 M | 499 M |
| Total revenues | 6,757 M | 6,838 M | 8,198 M | 8,326 M | 8,599 M | 8,744 M | 9,252 M | 11,517 M | 11,508 M | |
| TotalExpenses | -5,338 M | -5,355 M | -5,790 M | -6,025 M | -6,322 M | -6,427 M | -6,979 M | 8,303 M | 8,433 M | 8,216 M |
| TotalRevenue | 6,757 M | 6,838 M | 8,301 M | 8,390 M | 8,783 M | 8,935 M | 9,448 M | 11,517 M | 11,508 M |
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