Fortis Inc
TSX:FTS
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Fortis Inc
Gross Margin
Fortis Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | CA |
| Market Cap | 31.2B CAD |
| Gross Margin |
71%
|
| Country | US |
| Market Cap | 159.3B USD |
| Gross Margin |
0%
|
| Country | US |
| Market Cap | 97.3B USD |
| Gross Margin |
89%
|
| Country | ES |
| Market Cap | 86.6B EUR |
| Gross Margin |
46%
|
| Country | US |
| Market Cap | 89.4B USD |
| Gross Margin |
67%
|
| Country | US |
| Market Cap | 82.1B USD |
| Gross Margin |
46%
|
| Country | IT |
| Market Cap | 68.2B EUR |
| Gross Margin |
64%
|
| Country | US |
| Market Cap | 56.1B USD |
| Gross Margin |
86%
|
| Country | US |
| Market Cap | 52.7B USD |
| Gross Margin |
68%
|
| Country | FR |
| Market Cap | 46.6B EUR |
| Gross Margin |
36%
|
| Country | DK |
| Market Cap | 46.2B EUR |
| Gross Margin |
43%
|
Fortis Inc
Glance View
Fortis Inc., a North American leader in the utility sector, has firmly established itself as a reliable investment choice for those seeking stability and growth in their portfolios. Founded in 1885, the company operates in the electric and gas distribution industries, catering to nearly 3 million customers across Canada, the United States, and the Caribbean. With a diverse array of regulated assets, Fortis has built a reputation for strong operational performance and consistent dividend growth. Its commitment to sustainable energy initiatives and infrastructure investments aligns with shifting market trends, positioning the company to benefit from the global transition towards cleaner energy sources. As an investor, Fortis Inc. offers an attractive combination of growth potential and predictable income through its robust dividend policy, which has seen payouts increase annually for over 45 consecutive years. The company’s extensive capital investment plan, targeting around $20 billion over the next five years, aims to enhance its infrastructure and expand its renewable energy portfolio. Coupled with a strong credit rating and a well-defined growth strategy, Fortis is not only focused on delivering value to its shareholders but is also positioned to thrive amidst the evolving energy landscape. With its proven track record and strategic vision, investing in Fortis represents a compelling opportunity for those looking to participate in the future of energy while enjoying reliable returns.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Fortis Inc's most recent financial statements, the company has Gross Margin of 70.7%.
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