Fortis (FTS) Revenue & Revenue Breakdown
Fortis Revenue Highlights
Latest Revenue (Y)
$11.52B
Latest Revenue (Q)
$2.77B
Main Segment (Y)
Electric and Gas
Main Geography (Y)
UNITED STATES
Fortis Revenue by Period
Fortis Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $11.52B | 4.29% |
| 2022-12-31 | $11.04B | 16.88% |
| 2021-12-31 | $9.45B | 5.74% |
| 2020-12-31 | $8.94B | 1.73% |
| 2019-12-31 | $8.78B | 4.68% |
| 2018-12-31 | $8.39B | 1.07% |
| 2017-12-31 | $8.30B | 21.40% |
| 2016-12-31 | $6.84B | 1.65% |
| 2015-12-31 | $6.73B | 24.55% |
| 2014-12-31 | $5.40B | 33.46% |
| 2013-12-31 | $4.05B | 10.76% |
| 2012-12-31 | $3.65B | -2.48% |
| 2011-12-31 | $3.75B | 2.27% |
| 2010-12-31 | $3.66B | 0.74% |
| 2009-12-31 | $3.64B | - |
Fortis generated $11.52B in revenue during NA 2023, up 4.29% compared to the previous quarter, and up 137.27% compared to the same period a year ago.
Fortis Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $2.77B | 3.78% |
| 2024-06-30 | $2.67B | -14.37% |
| 2024-03-31 | $3.12B | 8.08% |
| 2023-12-31 | $2.88B | 6.11% |
| 2023-09-30 | $2.72B | 4.82% |
| 2023-06-30 | $2.59B | -21.84% |
| 2023-03-31 | $3.32B | 4.77% |
| 2022-12-31 | $3.17B | 24.09% |
| 2022-09-30 | $2.55B | 2.65% |
| 2022-06-30 | $2.49B | -12.28% |
| 2022-03-31 | $2.83B | 9.76% |
| 2021-12-31 | $2.58B | 17.62% |
| 2021-09-30 | $2.20B | 3.10% |
| 2021-06-30 | $2.13B | -16.11% |
| 2021-03-31 | $2.54B | 8.23% |
| 2020-12-31 | $2.35B | 10.61% |
| 2020-09-30 | $2.12B | 2.12% |
| 2020-06-30 | $2.08B | -13.13% |
| 2020-03-31 | $2.39B | 2.79% |
| 2019-12-31 | $2.33B | 13.41% |
| 2019-09-30 | $2.05B | 4.11% |
| 2019-06-30 | $1.97B | -19.13% |
| 2019-03-31 | $2.44B | 10.43% |
| 2018-12-31 | $2.21B | 8.14% |
| 2018-09-30 | $2.04B | 4.78% |
| 2018-06-30 | $1.95B | -11.38% |
| 2018-03-31 | $2.20B | 4.07% |
| 2017-12-31 | $2.11B | 11.05% |
| 2017-09-30 | $1.90B | -5.66% |
| 2017-06-30 | $2.02B | -11.39% |
| 2017-03-31 | $2.27B | 8.60% |
| 2016-12-31 | $2.09B | 38.68% |
| 2016-09-30 | $1.51B | 2.23% |
| 2016-06-30 | $1.48B | -15.94% |
| 2016-03-31 | $1.76B | 2.87% |
| 2015-12-31 | $1.71B | 9.07% |
| 2015-09-30 | $1.57B | 1.82% |
| 2015-06-30 | $1.54B | -19.69% |
| 2015-03-31 | $1.92B | 13.11% |
| 2014-12-31 | $1.69B | 41.44% |
| 2014-09-30 | $1.20B | 13.35% |
| 2014-06-30 | $1.06B | -27.42% |
| 2014-03-31 | $1.46B | 24.04% |
| 2013-12-31 | $1.17B | 20.80% |
| 2013-09-30 | $971.00M | 22.91% |
| 2013-06-30 | $790.00M | -29.02% |
| 2013-03-31 | $1.11B | 11.41% |
| 2012-12-31 | $999.00M | 39.92% |
| 2012-09-30 | $714.00M | -9.85% |
| 2012-06-30 | $792.00M | -31.07% |
| 2012-03-31 | $1.15B | 13.54% |
| 2011-12-31 | $1.01B | 40.36% |
| 2011-09-30 | $721.00M | -15.18% |
| 2011-06-30 | $850.00M | -26.98% |
| 2011-03-31 | $1.16B | 12.25% |
| 2010-12-31 | $1.04B | 44.03% |
| 2010-09-30 | $720.00M | -13.88% |
| 2010-06-30 | $836.00M | -22.30% |
| 2010-03-31 | $1.08B | 5.70% |
| 2009-12-31 | $1.02B | - |
Fortis generated $2.77B in revenue during Q3 2024, up 3.78% compared to the previous quarter, and up 106.82% compared to the same period a year ago.
Fortis Revenue Breakdown
Fortis Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 24 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Services | $350.00M | - | - | - | - |
| Electric and Gas | $10.89B | $10.50B | $8.87B | $8.42B | $8.22B |
Fortis's latest annual revenue breakdown by segment (product or service), as of Dec 24: Electric and Gas (96.89%), and Other Services (3.11%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Jun 22 | Jun 21 | Jun 19 | Jun 18 |
|---|---|---|---|---|---|
| Energy Infrastructure | $18.00M | $33.00M | $9.00M | $25.00M | - |
| Central Hudson Gas and Electric Corporation | $317.00M | $281.00M | $207.00M | $199.00M | - |
| Fortis Alberta Inc. | $181.00M | $169.00M | $162.00M | $150.00M | - |
| Fortis BC Energy Inc. | $362.00M | $396.00M | $317.00M | $235.00M | - |
| FortisBC Inc. | $116.00M | $108.00M | $108.00M | $90.00M | - |
| ITC Holdings Corp. | $519.00M | $468.00M | $418.00M | $428.00M | - |
| Other Electric | $420.00M | $384.00M | $353.00M | $343.00M | - |
| UNS Energy Corporation | $661.00M | $648.00M | $556.00M | $500.00M | - |
| Corporate and Other | - | - | - | - | - |
| Electric and Gas | - | - | - | - | $1.83B |
Fortis's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: UNS Energy Corporation (25.48%), ITC Holdings Corp. (20.01%), Other Electric (16.19%), Fortis BC Energy Inc. (13.96%), Central Hudson Gas and Electric Corporation (12.22%), Fortis Alberta Inc. (6.98%), FortisBC Inc. (4.47%), and Energy Infrastructure (0.69%).
Fortis Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Caribbean | $402.00M | $98.00M | $89.00M | $77.00M | $85.00M |
| UNITED STATES | $2.73B | $2.50B | $2.07B | $2.02B | $1.97B |
| CANADA | $1.54B | $722.00M | $701.00M | $707.00M | $671.00M |
Fortis's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (58.47%), CANADA (32.93%), and Caribbean (8.61%).
Quarterly Revenue by Country
| Country | Jun 18 |
|---|---|
| CANADA | $147.00M |
| Caribbean | $20.00M |
| UNITED STATES | $475.00M |
Fortis's latest quarterly revenue breakdown by geography, as of Jun 18: UNITED STATES (73.99%), CANADA (22.90%), and Caribbean (3.12%).
Fortis Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EIX | Edison | $17.60B | $5.37B |
| FE | FirstEnergy | $13.47B | $3.73B |
| ETR | Entergy | $11.88B | $3.39B |
| FTS | Fortis | $11.52B | $2.77B |
| PEG | Public Service Enterprise Group | $10.29B | $2.64B |
| AEE | Ameren | $7.62B | $2.17B |
| CMS | CMS Energy | $7.51B | $1.74B |
| EVRG | Evergy | $5.85B | $1.45B |
| PNW | Pinnacle West Capital | $5.12B | $1.77B |
| LNT | Alliant Energy | $3.98B | $1.01B |
| MGEE | MGE Energy | $676.94M | $145.71M |
| CNP | CenterPoint Energy | - | $1.86B |